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Ipcc revalidation

Ajay Quirine Miranda (jeppu.dakshina kannada) (45 Points)

27 June 2017

I am in a Dilemma whether i am eligible for revalidation for IPCC to continue my eligibility for IPCC exams.

I had registered IPCC in Jan 2013 after clearing Cpt and due to personal conflicts couldnt clear yet. I had converted to Direct Entry scheme on 17th August, 2016.

My question is whether i should revalidate on basis of Jan 2013 or i got a fresh revalidation on Conversion scheme from 17th August 2017 for Further 4 years.

Kindly, provide some insights for my convenience.

Thank you,

Regards,

Ajay Miranda

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3 Replies

Karan Batra (Creator: TheProTalks) (2325 Points)
Replied 27 June 2017

Yes you can revalidate your IPCC through Direct entry , for that you just need to fill the prescribed application form and provide the converssion fees as well, I have attached the fee to be paid. Further for exact which form please refer to the nearest student council, however do note that after you are revalidated under the course there's no need to wait 9 months for IPCC exams again and you could give even this Novemeber exams.

See the following:

Relaxation in the eligibility criteria of completion of nine months of Practical Training to appear in Intermediate (IPC) Examination for students registered for Intermediate (IPC) under CPT Route and converted to Direct Entry Scheme

In order to mitigate the hardships being faced by the students who have originally registered for Intermediate (IPC) Course under CPT Route and shifted to Direct Entry Scheme, the Council on consideration decided to relax the criteria of completion of nine months of Practical Training for appearing in the Intermediate (IPC) Examinations and passed the resolution under Regulation 205 of the Chartered Accountants Regulations, 1988 as under:

“Resolved that by virtue of powers vested under Regulation 205 of the Chartered Accountants Regulations, 1988, the Council of the Institute hereby orders that such students who originally registered for Intermediate (IPC) Course through CPT Route and appeared in Intermediate (IPC) Examination (s) but unable to pass the said examination (s) and later on after graduation shifted to direct entry scheme, be exempt for the eligibility criteria of completion of 9 months of Practical Training (which include study course for a period of eight months concurrently commences from the date of registration to the Course) for appearing in Intermediate (IPC) Examinations.

Further, such students having secured exemption in any of the paper(s) of Intermediate (IPC), be given the benefit of availing the exemption by appearing in immediately next three following examinations excluding the examination which he could not avail of due to shifting to direct entry scheme.”