MEF 2023-24 Additional Information Form
Mridula Sharma17 May, 2024
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MEF 2023-24: The Additional Information Form for MEF 2023-24 is a big deal when it comes to getting ahead in your auditing career. This form is what the Professional Development Committee (PDC) wants from you, and it's super important because it helps decide who gets to be the Statutory Auditors for State Co-operative Banks (StCCBs) and Central Co-operative Banks (CCBs).
If you're trying to figure out how to fill out this form, read this article to learn more.MEF 2023-24 Overview
The MEF 2023-24 Additional Information Form is requested by the Professional Development Committee (PDC) to gather extra details related to the MEF ( Multipurpose Empanelment Form ) submission for 2023-24. It's specifically aimed at firms interested in or already involved in auditing State Co-operative Banks (StCCBs) and Central Co-operative Banks (CCBs). This form plays a crucial role in the process of appointing or re-appointing Statutory Auditors for these financial institutions.MEF 2023-24 Eligibility Criteria
The eligibility criteria for the MEF 2023-24 are essential for firms aspiring to be auditors for State and Central Co-operative Banks. To qualify, firms must meet two primary conditions:Submission of MEF 2023-24: Applicants must have completed and submitted the MEF form for the fiscal year 2023-24. This ensures that only actively participating firms are considered for the auditing roles.
Partnership/LLP Requirement: The applying firm must be structured as a partnership or LLP (Limited Liability Partnership). Additionally, it must have at least two partners who joined the firm before July 1, 2020. Out of these partners, at least one must be a Fellow Chartered Accountant (FCA) as of July 1, 2023. This condition ensures a level of experience and expertise within the firm, vital for fulfilling auditing responsibilities effectively.
How to Access MEF 2023-24?
Accessing the MEF 2023-24 is straightforward. Applicants can log in using their designated credentials on the MEF portal. Once logged in, they can navigate to the relevant section for Additional Information Form submission. In case of a forgotten password, there is a "Forgot Password" option available, allowing users to reset their login credentials conveniently. Upon successful login, applicants can proceed to fill out and submit the Additional Information Form, ensuring compliance with all specified requirements and guidelines.MEF 2023-24 Important Points to Note
Exclusive to MEF 2023-24: It's crucial to note that the Additional Information Form is exclusively related to MEF submissions for the year 2023-24.
Strict Eligibility Criteria: Only firms that have submitted the MEF 2023-24 and meet the specified partnership/LLP and FCA requirements are eligible to apply.
Submission Deadline: The deadline for submitting the additional information is May 7, 2024.
MEF 2023-24 Contact Information
For any queries or clarifications regarding the Additional Information Form or the submission process, applicants can reach out through the following channels:Online Complaint Lodging: Complaints can be lodged online via the MEF portal at https://app.meficai.org/complaints.
Email: In case a query is not resolved within two working days, applicants can email at mefpdc[at]icai[dot]in. Please mention the complaint number in the email subject for better assistance.
Phone Support: Alternatively, applicants can call during working hours (2 PM to 5 PM) on the following numbers, quoting the complaint number:
- Ms. Priya Duggal: 92055 59866
- Mr. Manish Bhardwaj: 92055 59865
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MEF 2023-24 FAQs
What is the MEF 2023-24 Additional Information Form?
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What are the eligibility criteria for MEF 2023-24?
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