Applicability of new scheme to old students
This query is : Resolved
29 July 2015
Myself Kalyan. I am appearing in Nov 2015 IPCC for first group.I will attempt group 2 in may 2016.Which scheme is applicable for second group if I write it in may 2016.Can I register for articleship under current scheme rather than new scheme if I clear my Group in Nov attempt.Thank-you and regards
29 July 2015
I am appearing in Nov 2015 IPCC exams.Should I complete both groups to register for articleship under current scheme.Actually I am appearing Group 1 this Nov 2015 Can I register for articleship under current scheme.How many do I still have to complete my IPCC under current scheme.I have registered for ipcc on Feb 2013.Please help me with the issue.Thankyou
14 July 2024
It appears you are seeking clarification on the transition rules for registering for articleship under the Chartered Accountancy (CA) course under the current scheme, considering your IPCC registration date and examination schedule. Here’s a breakdown based on the information provided:
### Understanding the CA Course Structure
1. **Scheme Transition**: The CA course has undergone several revisions over the years. As of your registration in February 2013, you are likely under the Intermediate (IPC) course, which is the predecessor of the current scheme.
2. **Articleship Registration**:
- To register for articleship under the current scheme (Intermediate/New Scheme), candidates need to have passed both groups of the IPCC exams.
- Since you are appearing for Group 1 in November 2015, you would need to pass both Group 1 and Group 2 of the IPCC exams to be eligible to register for articleship under the current scheme.
3. **Completing IPCC under Current Scheme**:
- To complete your IPCC under the current scheme, you would need to pass both groups (Group 1 and Group 2).
- Group 1 in November 2015 is the first step. After passing Group 1, you will need to prepare for and pass Group 2 in subsequent attempts to complete your IPCC under the current scheme.
4. **Transition Period**:
- The transition from the IPC course to the current scheme involves passing both groups of IPCC exams.
- Once you pass both groups of IPCC exams, you can register for articleship under the current scheme and proceed with the final levels of the CA course.
### Practical Steps
- **Prepare for Group 1**: Focus on preparing thoroughly for Group 1 exams in November 2015.
- **Plan for Group 2**: After clearing Group 1, plan your studies and preparation strategy for Group 2 exams in subsequent attempts.
- **Articleship Registration**: Once you pass both groups of IPCC exams, you can proceed to register for articleship under the current scheme.
### Advice
- It's advisable to stay updated with the latest notifications and announcements from ICAI (Institute of Chartered Accountants of India) regarding the transition and requirements for the CA course.
- Consider consulting with a mentor, coaching institute, or a qualified Chartered Accountant for guidance specific to your situation and exam preparation.
By focusing on passing both groups of IPCC exams, you can smoothly transition to the next phase of your CA journey and proceed towards articleship under the current scheme. Good luck with your exams!
### Understanding the CA Course Structure
1. **Scheme Transition**: The CA course has undergone several revisions over the years. As of your registration in February 2013, you are likely under the Intermediate (IPC) course, which is the predecessor of the current scheme.
2. **Articleship Registration**:
- To register for articleship under the current scheme (Intermediate/New Scheme), candidates need to have passed both groups of the IPCC exams.
- Since you are appearing for Group 1 in November 2015, you would need to pass both Group 1 and Group 2 of the IPCC exams to be eligible to register for articleship under the current scheme.
3. **Completing IPCC under Current Scheme**:
- To complete your IPCC under the current scheme, you would need to pass both groups (Group 1 and Group 2).
- Group 1 in November 2015 is the first step. After passing Group 1, you will need to prepare for and pass Group 2 in subsequent attempts to complete your IPCC under the current scheme.
4. **Transition Period**:
- The transition from the IPC course to the current scheme involves passing both groups of IPCC exams.
- Once you pass both groups of IPCC exams, you can register for articleship under the current scheme and proceed with the final levels of the CA course.
### Practical Steps
- **Prepare for Group 1**: Focus on preparing thoroughly for Group 1 exams in November 2015.
- **Plan for Group 2**: After clearing Group 1, plan your studies and preparation strategy for Group 2 exams in subsequent attempts.
- **Articleship Registration**: Once you pass both groups of IPCC exams, you can proceed to register for articleship under the current scheme.
### Advice
- It's advisable to stay updated with the latest notifications and announcements from ICAI (Institute of Chartered Accountants of India) regarding the transition and requirements for the CA course.
- Consider consulting with a mentor, coaching institute, or a qualified Chartered Accountant for guidance specific to your situation and exam preparation.
By focusing on passing both groups of IPCC exams, you can smoothly transition to the next phase of your CA journey and proceed towards articleship under the current scheme. Good luck with your exams!
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