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Conversion from ipc old syllabus to new syllabus completed group 1 had exemption in Costing(CFM)

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madhukar akkala

22 Points Posted on 04 February 2020

I want to convert from ipc old syllabus to new syllabus, I heard that if we have exemption in costing & financial management (CFM) in old syllabus group-1 , we get exemption in FM group-2 new syllabus. is it right? is there any condition for getting this exemption? I completed my group-1 two years back( i.e. I gave 4 attempts for group -2 )

Replies (3)

Quick Summary

This discussion addresses the conversion from the old IPCC syllabus to the new syllabus, specifically regarding exemptions. A key question is whether an exemption in Costing & Financial Management (CFM) from Group 1 of the old syllabus transfers to the new syllabus. It's confirmed that if you've cleared Group 1 of IPCC, converting to the new syllabus means you'll need to appear for specific papers in Group 2, but the exemption in FM & Eco (Paper 8) is generally applicable, though some users express confusion during exam application.

Deepak Gupta

CA Student

15932 Points Posted on 04 February 2020

Yes, you are right.

Since you have already cleared your G1 of IPCC, so if you convert now to new syllabus, then to pass G2 or IPCC as a whole, you will have to appear for Unit-10 under new syllabus, i.e. Paper 5, 6 & 7 (Adv. A/c, Audit, EIS&SM) and Paper 8, i.e. FM & Eco, will not be applicable for you.

ICAI Announcement:
https://icaiexam.icai.org/Announcements/Appendix-B(EXEMPTION).pdf

vinoth madasamy

58 Points Posted on 14 February 2020

I have cleared CA ipcc old syllabus group 1 and converted to new syllabus but applying exam application it showing old syllabus

Naina Salian

7 Points Posted on 05 April 2021

Originally posted by : vinoth madasamy
	I have cleared CA ipcc old syllabus group 1 and converted to new syllabus but applying exam application it showing old syllabus