Eligibility to appear in Final Examination – November, 2010 Examination and onwards

Important Announcement

BoS/ Announcement/227/10

 August 6, 2010

Sub: Eligibility to appear in Final Examination – November, 2010 Examination and onwards

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We are glad to inform that the Council at its 297th meeting held in August, 2010 decided to simplify eligibility requirement s for Final Examination to mitigate the hardship being faced by the students of various streams i.e. Intermediate/ PE -II /PCC /IPCC students and passe d 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 of Chartered Accountants of India hereby orders that the eligibility requirement(s), inter alia, for admission to the Final Examination held under Regulation 31(i), (ii) and (iii) in respect of the following categories of candidates shall be, completion of practical training as is required for admission as a member on or before the last day of the month preceding the month in which the examination is held (i.e., 31 st October, 2010 for the November, 2010 examination) or has been serving the last twelve months of practical training, including excess leave, if any, on the first day of the month in which the examination is held (i.e. 1 st November, 2010 for the November, 2010 examination): -

(i) a candidate registered initially as a student of the Professional Education (Course II) and having passed the Professional Education (Course II) examination registered as a student of Final Course.

(ii) a candidate registered initially as a student of Professional Education (Course II) and subsequently, converted to Professional Competence Course (PCC) and thereafter, registered as a student of Final Course.

(iii) a candidate initially registered as a student of Professional Education (Course II), subsequently converted to Professional Competence Course (PCC) and later shifted to Integrated Profession al Competence Course (IPCC) and thereafter registered as a student of Final Course.

(iv) a candidate initially registered as a student of Professional Education (Course II) and subsequently, converted to Integrated Professional Competence Course and thereafte r registered as a student of Final Course.

In other words, what is required for seeking admission to the Final Examination scheduled to be held in November, 2010 and thereafter is that a candidate should have initially registered as a student of the Professional Education (Course II), irrespective of whether subsequently converted to the Professional Competence Course (PCC) or Integrated Professional Competence

Course (IPCC) or to Professional Competence Course and thereafter to Integrated Professional Competence Course (IPCC) or not.

Also Resolved that –

The minimum eligibility requirement(s) for appearing in the Final Examination scheduled to be held in November, 2010 and thereafter, in respect of a candidate registered as a student of the Professional Competence Course (PCC) shall be completion of the practical training as is required for admission as a member on or before the last day of the month preceding the month in which the examination is held (i.e. 31 st October, 2010 for the November, 2010 examination) or has been serving the last six months of practical training, including excess leave, if any, on the first day of the month in which the examination is held (i.e. 1st November, 2010 for the November, 2010 examination).”

Vijay Kapur

Director, Board of Studies