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Happy news for Graduates and CPT Students


 

ANNOUNCEMENT

8th July, 2011

Review of Entry Requirements for Chartered Accountancy Courses

The Council at its 306th meeting held from 7th to 9th June, 2011 had

considered the recommendations of the Group Constituted by the President, in terms

of the authority given to him at its 303rd Meeting held from 10-12 February, 2011 to

review entry requirement for Chartered Accountancy Course and decided as under:-

(a) Exemption to Graduates/CWAs/CSs from appearing in Common

Proficiency Test (CPT)

Common Proficiency Test (CPT) be exempted for candidates who -

(i) are commerce graduates/post-graduates and have studied any three

full papers of 100 marks each out of Accounting, Auditing, Mercantile

Laws, Corporate Laws, Economics, Management including Financial

Management, Taxation including Direct Tax Laws, Indirect Tax Laws

etc., Costing, Business Administration, Management Accounting and

passed the graduate/post-graduate examination by securing in the

aggregate a minimum of 55% of the total marks or its equivalent grade

from any recognized Universities including Open Universities.

(ii) are other graduates/post-graduates not falling in the above category

who have passed the graduation/post-graduation examination by

securing in the aggregate a minimum of 60% of the total marks in the

examination or its equivalent grade from any recognized Universities

including Open Universities.

(iii) have passed the Intermediate level examination conducted by The

Institute of Cost and Works Accountants of India or by The Institute of

Company Secretaries of India.

It was also decided that the above exemption would also be applicable to

students who wish to pursue Accounting Technician Course of the Institute.

(b) (i) Candidates who are exempted from CPT be allowed direct

entry to articleship; or

(ii) Enrolment to Articleship after passing either of the Groups of

IPCC Exam

The Council noted that three different alternatives routes have been

recommended by the Group in respect of registration of articles and decided as

under:-

(i) The existing criteria to continue for candidates who wish to join articled

training through CPT route i.e. only after qualifying Group I of IPCC

Examination.

(ii) Graduates/ Post Graduates who are exempted from CPT as per (a) (i)

& (ii) above be allowed to commence their articled training directly.

However, candidates passing Intermediate level examination

conducted by the ICWAI/ ICSI may join articleship only after passing

Group I of the IPCC Examination of the Institute.

(c) Provisional Registration for Students pursuing Graduation Course

The students pursuing final year of graduation be allowed for provisional

registration to the Integrated Professional Competence Course (IPCC) and appear in

the Integrated Professional Competence Examination (IPCE) only after appearing in

the final year examination of graduation course and after completion of prescribed

study period of 9 months from the date of registration to the IPCC.

Their provisional registration to the CA Course would be confirmed only after

submission of satisfactory proof of their having passed the graduation course with

the prescribed percentage of marks.

…………………..

It may kindly be noted that the above decisions of the Council will come

into force subject to relevant provisions of the Chartered Accountants

Regulations, 1988 being amended, and the approval of the Central

Government, and public exposure as required by law for which the process

is in progress.

 


Total thanks : 2 times

 
Reply   
 

What abt current IPCC students?? whether they can join articleship??

 
Reply   
 

Heloo friends,

In Graduation we have the following Subjects, as per CA entry requirement 

1. Financial Accounting-1

2.Business Economics

3 Cost and Mangement Accountg

these three are fullfilling the requirement?

 
Reply   
 
CA (IPCC) / M.COM


dear sir / frnds.

 i m passed cpt and b.com (h) with 74 % marks but not pass any group of ipcc as per new rules of icai can i start articleship.....plz help me... iam totally confused......

 
Reply   
 
CA (IPCC) / M.COM


dear sir / frnds.

 i m passed cpt and b.com (h) with 74 % marks but not pass any group of ipcc as per new rules of icai can i start articleship.....plz help me... iam totally confused......

 
Reply   
 

 

Can any1 tell me, wen will this new pattern get approved.... ??

As its necessary for pleny of students....

So can any1 help me on this matter......

 

Waiting for ur valuable replys....

thankyou...... :)

 
Reply   
 
Tax Consultant


Notification says that Govt has not yet approved the proposal.

 

current scheme :- CPT+ITT+ I GRP ipce CAN JOIN articleship

Current scheme is attaching herewith......

 

Best wishes ......



Attached File : 117043 763713 19323ca atcourse260510.pdf downloaded 187 times
 
Reply   
 
CPT>>IPCC>>??


I have more than 55% in my final year b.com but my all years aggregate is below 55%. Am i still eligible for this criteria? Pls reply ppl..

 
Reply   
 

when this new patter gets approved 16th of august is the last date for ipcc registration.......is govt is sleeping kya  wanna an answer waiting for past three months when they officially approve this

 
Reply   
 

Originally posted by : Amit Latkan

 

Can any1 tell me, wen will this new pattern get approved.... ??

As its necessary for pleny of students....

So can any1 help me on this matter......

 

Waiting for ur valuable replys....

thankyou...... :)

 
Reply   
 

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