Ipce exam

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Tarak (Querist)
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18 August 2011 Dear Sir,

I was PE II student & I have cleared PE II 1st Group, latter on we were converted in IPCE and given exam under Unit-8, now in May-11 I got 63 marks in Costing & FM. So I will get the benfit of exemption in Costing &FM. Please suggest as I have to fill the exam form for Nov-11 attempt. It is urgent.....

Tarak

Tarak (Querist)
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18 August 2011 Please help it is urgent

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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01 August 2024 Since you have passed the PE-II 1st Group and then converted to IPCE (Integrated Professional Competence Examination) under Unit-8, you can benefit from the exemption policy if you have scored well in one or more papers. Here’s how it generally works:

### **Understanding Exemption Rules:**

1. **Exemption Policy:**
- If you scored 60% or more in a particular paper of IPCE, you are eligible for an exemption in that paper. The exemption means you do not need to appear for that paper again in subsequent attempts.

2. **Benefit of Exemption:**
- Since you scored 63 marks in Costing & Financial Management (FM) in your PE-II exams, this score could be considered for exemption if it falls under the criteria of the IPCE exemption rules.

3. **Filling the Exam Form:**
- When filling out the exam form for the November 2011 attempt, you should mention that you have an exemption in Costing & FM. The exemption will be carried over, and you won't need to reappear for that subject.

4. **Verification:**
- Ensure that your previous marks and exemptions are correctly recorded in ICAI's records. Check your result status on the ICAI website or contact ICAI to confirm the exemption status.

### **Steps to Follow:**

1. **Confirm Exemption:**
- Verify your exemption status by checking with ICAI or through your student login on the ICAI website.

2. **Fill the Exam Form:**
- When filling out the exam form for the November 2011 attempt, select the papers you are reappearing for and make sure not to include the paper(s) for which you have an exemption.

3. **Documentation:**
- If necessary, keep any proof of your previous scores and exemption status for reference.

4. **Contact ICAI:**
- If you are unsure or if the exemption status is not reflecting accurately, contact ICAI’s examination department or use their helpdesk for clarification.

### **Example Form Filling:**

- **Exam Form Selection:**
- When filling the form, only select the papers you need to attempt and leave out Costing & FM if it is exempted.

- **Mentioning Exemption:**
- Some exam forms or systems might ask for details about exemptions. Provide the necessary details or documentation as required.

### **Important Points:**

- Ensure that your conversion from PE-II to IPCE and the acknowledgment of your exemption is updated in the ICAI records.
- Follow up with ICAI if there are discrepancies or if your exemption status is not accurately reflected.

By following these steps, you can properly manage your exemptions and ensure you are only appearing for the required papers in your upcoming exams.

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