BoS/Announcement/IPCC/227/2008 December 11, 2008
NEW SCHEME OF EDUCATION AND TRAINING
INTEGRATED PROFESSIONAL COMPETENCE COURSE (IPCC)
[INTRODUCED ON 3RD DECEMBER, 2008]
To qualify as a Chartered Accountant………
-
- Enrol for Common Proficiency Test (CPT), after passing Class 10 examination
- Pass 10+2 examination and CPT
- Enrol for Group I or Group II or for both Group I and Group II
- Successfully complete 9 months of Study Course
- Successfully complete Orientation Course of one week spanning over 35 hours and covering topics, such as, personality development, communication skills, office procedures, business environment, general commercial knowledge, etc
- Successfully complete Information Technology Training (ITT) or Computer Training Programme
- Appear and pass Group I as well as Group II of Integrated Professional Competence Examination (IPCE)
- Group I is composed of four papers and Group II is composed of three papers
- Register as Articled Assistant for a period of 3 years, on passing either Group I or both the Groups of IPCE
- Get IPCE Certificate, on passing both the Groups of IPCE
- Appear in IPCC Final Examination during last 6 months of 3 years of articled training
- Pass Group I as well as Group II of IPCC Final Examination
- Complete remaining period of articled training, if applicable
- Successfully complete the Course on General Management and Communication Skills
- Get IPCC Final Examination Certificate
- Enrol as a member of ICAI and designate as “Chartered Accountant”
Students already passed CPT but not yet registered as articled assistant
till 31st January, 2009, and students who would be passing CPT
examination(s) being held in the month of December, 2008 can enrol
themselves for IPCC upto 31st January, 2009, so as to be eligible to
appear in the first IPC Examination to be held in November, 2009
* * * *
TRANSITION PROVISIONS FOR EXISTING STUDENTS OF PE-II/PCE
FOR CONVERSION TO INTEGRATED PROFESSIONAL COMPETENCE
COURSE/ACCOUNTING TECHNICIAN LEVEL
FOR EXISTING PE-II STUDENTS
- Existing PE-II students registered by virtue of having passed Graduate Degree shall continue to appear in PE-II examination till May, 2009
- Existing PE-II students registered by virtue of having passed PE-I Examination can continue, at their discretion to appear in PE-II examination till May, 2009 or switch over immediately to existing Professional Competence Course upto 30th June, 2009 and thereafter shall be compulsorily required to switch over to Integrated Professional Competence Course Examination [IPCC]
- Candidates who have passed one of the groups of PE-II or PCE shall be eligible for paper wise exemption in IPCC/ATC Students of PE-II will continue to get paper wise exemption [secured on the basis of 60% and above marks] upon conversion in the corresponding paper(s) of PCE/IPCC for the remaining un-expired chance(s)
- Eligible to grant of Accounting Technician Level Certificate after passing the remaining papers of Group I of IPCC and upon completion of three years of Articleship or one year work experience after passing Group I of IPCC
- Eligible to appear in Final Examination after passing remaining papers of Group I and Group II of IPCC and while in last six months of Articleship
- Last PE-II Examination will be held in May, 2009
- After passing Final Examination, completion of prescribed period of Articleship andGMCS Course, students will be eligible for membership of the Institute
FOR EXISTING STUDENTS OF PCE
- Registration to Professional Competence Course will be upto 30th June, 2009
- Last PCE Examination will be held in November, 2012. Thereafter, all students of PCE will be compulsorily required to appear in Integrated Professional Competence Course Examination [IPCC] effective from May, 2013
- Students of PCE will continue to get paper wise exemption [secured on the basis of 60% and above marks] upon conversion in the corresponding paper(s) of IPCC for the remaining un-expired chance(s)
- Students of PCE who have passed one of the Groups will be eligible for grant of paper wise exemption in IPCC Examination Students of PCE will continue to do Articleship as per deed of Articleship already executed
- Students of PCE after passing Group I and Group II of IPCC will be allowed to appear in Final Examination during the last six months of Articleship
- After passing Final Examination, completion of prescribed period of Articleship and GMCS Course, students will be eligible for membership of the Institute
By : Dave
/forum/messages/2008/12/18168_shocking_but_true_.asp
NEW SCHEME OF EDUCATION AND TRAINING
ACCOUNTING TECHNICIAN COURSE (ATC)
[INTRODUCED ON 3RD DECEMBER, 2008]
To become an Accounting Technician………
- Enrol for Common Proficiency Test (CPT) after passing Class 10 examination
- Pass 10+2 examination and CPT
- Enrol for Accounting Technician Course (ATC)
- Successfully complete 9 months of Study Course
- Successfully complete Orientation Course of one week spanning over 35 hours and covering topics, such as, personality development, communicationskills, office procedures, business environment, general commercial knowledge, etc
- Successfully complete Information Technology Training (ITT) or Computer Training Programme
- Pass Group I of Integrated Professional Competence Examination (IPCE)
- Group I is composed of four papers
- Successfully complete one year work experience under a chartered accountant in practice or in industry
- Get ATC Certificate
- Designate as Accounting Technician
Scope for acquiring CA qualification, even after becoming Accounting Technician:
-
- Enrol in Group II of Integrated Professional Competence Course (IPCC)
- Register as Articled Assistant for a period of 3 years
- Pass Group II of IPCE
- Appear in IPCC Final Examination during last 6 months of 3 years of articled training
- Pass both the Groups of IPCC Final examination
- Complete remaining period of articled training, if applicable
- Successfully complete the Course on General Management and Communication Skills
- Get IPCC Final Examination Certificate
- Enrol as a member of ICAI and designate as “Chartered Accountant”
* * * *
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