Can you tell me that for conversion from IPCC to direct entry Scheme hoe much fees i have to pay as i have done both UG & PG in Commerce also & completed ITT & OC both.
As per ICAI website online conversion registration there is no such option as well as the fees is showing 9500 INR.
So i am confused that how much is fees of conversion & my eligiblity for start articleship at present.
20 July 2024
It seems you're seeking information about converting from IPCC (Intermediate) to the Direct Entry Scheme under the Institute of Chartered Accountants of India (ICAI). Here’s a detailed explanation to address your queries:
### Conversion Fees and Eligibility for Articleship:
1. **Conversion Fees**: - As per the information available, the conversion fee for IPCC to the Direct Entry Scheme is currently set at ₹9,500 INR. This fee covers the administrative costs associated with processing your conversion application.
2. **Eligibility Criteria**: - To be eligible to convert from IPCC to the Direct Entry Scheme, you must meet certain criteria: - Completed Graduation or Post-Graduation in Commerce with specified percentages (normally 55% or more). - Completed ITT (Information Technology Training) and OT (Orientation Training) courses. - Fulfill any other specific requirements mentioned by ICAI.
3. **Procedure for Conversion**: - Visit the ICAI official website and log into your account. - Navigate to the section for Students and find the option for Conversion to Direct Entry Scheme. - Follow the instructions provided and complete the online registration process. - Pay the applicable conversion fee of ₹9,500 INR online as indicated during the registration process.
4. **Starting Articleship**: - Once your conversion is approved and you’ve completed all necessary requirements (including passing the IPCC exams, if applicable), you can begin your articleship. - Articleship typically starts after completing ITT and OT, and after registering under a practicing Chartered Accountant as per the guidelines provided by ICAI.
### Additional Tips:
- **Document Verification**: Ensure all your documents (UG/PG certificates, ITT/OT completion certificates, etc.) are scanned and ready for upload during the registration process. - **Contact ICAI Helpdesk**: If you encounter any difficulties during the online registration or have specific questions about eligibility, fees, or the process, contact the ICAI helpdesk for assistance.
By following these steps and ensuring you meet all eligibility criteria, you can successfully convert to the Direct Entry Scheme and commence your articleship under a practicing Chartered Accountant. If you need further clarification or specific guidance tailored to your situation, it’s advisable to reach out to ICAI directly or consult with a local Chartered Accountant for personalized advice.
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