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.
Please confirm when its applicable to new students and its notified or not
Can anyone tell me, what is the process for updation of Verification status for CA Final? Those students, who applied first for reverification, their staus will b updated first or some other procedure?
As CA Final MAY 2011 result declared on 19-07-11, i sent application for reverification on 22-07-2011 and the same has been delivered to institute on 25-07-2011. Till now, reverification stauts of CA Final containing 3660 Roll Nos. But My no is not there.......
Pls help....
can anyone help me that how can i fill the examination form of cs executive for this dec attempt online...i cant find a option in the cs site for it.....
My query is that how should I treat the preliminary expenses in the revised schedule VI?
Whether to write off them 100% or write off them in five yrs equally?
and what should be done with the opening bal. in preliminary exp. that are pending to be written off fully??
Please reply my query its urgent!
thanks in advance!
it is possible to demand answer sheet of my final exam under right to information act
i am an ipcc student & cleared my group 1 & registered my self for both groups (without articleship mistakebly)
i want to change it into ATC
WHAT IS THE PROCEDURE FOR THAT?
will it increse my traning period under a CA?
AT that time total amt. of registration was 12000 for both groups +articleship fee + ATC
but i paid 9000 & registered myself for both groups (without articleship)
Hi Friends,
I completed my CS Final in June 2011. I did not pursue my CS articleship till date. I am also doing my CA Final and completed the first group of the same. My CA articleship is also over. I would like to know whether it is advisable for me to apply for LCS rather than taking up my CS Articleship now and claim exemption for the same after taking up a job once I clear my CA. If so kindly guide me through the procedures for the same.
Thank you.
Can i apply for CA inter IPCC after finishing BCOM, is it necessary to write CPT
Dear sir,
i am going to appear for both groups of ICWA inter this December..so can u please give me some tips how to start for the preparation as i have got 3 months in my hand for preparation??..are the study mats sufficient for the preparation??..sir can you tell me how to prepare subject wise??..sir please share your own preparation tips 2??..i have to clear the exams anyhow..WAITING FOR YOUR REPLY THANKING YOU..
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