Direct entry to cwa

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

14 February 2013 i have cleared 1st group of ipcc...am i eligible for the icwai direct entry to intermidiate level.....?????

Ajay Mishra

Ajay Mishra (Expert)
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14 February 2013 Hi

PRESS RELEASE

Grant of exemption in the Foundation Course Examination of the Institute of Cost
Accountants of India to the Intermediate Examination (by whatever name called)
qualified candidates of the Institute of Chartered Accountants of India.

In view of grant of exemption by the Institute of Chartered Accountants of India to the Intermediate qualified candidates of the Institute of Cost Accountants of India from passing their Common Proficiency Test, the Institute of Cost Accountants of India has granted exemption on reciprocal basis to the Intermediate Examination (by whatever name called) qualified candidates of the Institute of Chartered Accountants of India from passing the Foundation Course Examination of the Institute of Cost Accountants of India with immediate
effect.

Querist : Anonymous

Querist : Anonymous (Querist)

14 February 2013 YR I HAVE READ THIS RELEASE....PLZ TELL ME THE ANS OF MY QUESTN....

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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21 July 2024 Yes, if you have cleared the 1st group of IPCC (Integrated Professional Competence Course) under the Chartered Accountancy (CA) curriculum, you may be eligible for direct entry into the Intermediate level of the ICWAI (Institute of Cost Accountants of India), which is now known as the Institute of Cost Management Accountants of India (ICMAI).

The ICMAI offers a direct entry route to candidates who have completed certain educational qualifications or professional examinations. As per the ICMAI regulations, candidates who have passed the IPCC 1st group examination conducted by the ICAI (Institute of Chartered Accountants of India) are eligible for direct admission to the Intermediate level of the ICMAI course.

Here are the general eligibility criteria for direct entry into the Intermediate course of ICMAI:

1. **Educational Qualification**: Candidates should have completed a graduation degree in any discipline from a recognized university.

2. **Professional Qualification**: Passing the 1st group of IPCC is considered equivalent to the educational requirement for direct entry into ICMAI Intermediate.

3. **Application Process**: You would need to apply directly to ICMAI for registration into the Intermediate course. The application process typically involves submitting proof of passing the IPCC 1st group along with other required documents.

4. **Exemption from Foundation Course**: Direct entry candidates are exempted from appearing in the Foundation Course examination conducted by ICMAI.

To proceed, you should contact the ICMAI directly or visit their official website to understand the specific requirements, application procedures, and any recent updates regarding the direct entry route from IPCC to ICMAI Intermediate level. This will ensure that you meet all necessary criteria and can smoothly transition into the ICMAI course.

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