SRAVANTHI KODURI (Company Secretary cum Finance) (26 Points)
05 May 2010hi,
My friend is persuing CA through PE II.IShe cleared her Group I long back,but unfortunately not able to attempt n clear Group II.Now since May2010 is the last attempt for PE II, Can any one guide me in the conversion to IPCC or PCC?
What is the time limit within which she can convert?
When can she get the next attempt?
What would be the articles period for her?
When can she get the Final Attempt?
Can someone Guide me in this regard properly please!!!!!!
jagannadh
(TRAINING MANAGER)
(175 Points)
Replied 05 May 2010
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 05 May 2010
General Understanding clarifies following things :
A. A hand-written request letter is to be submitted at either at branch or institute in delhi, specifying that a student wants to shift.
B. The same letter should contain registeration no., full name, address of communication, etc allied informations.
C. For such converted students, they will be considered as a new or say a common IPCC student, so has to invest his/her three years for articleship...
D. And rules of FINALS ATTEMPT, LEAV IN ARTICLESHIP, ETC will be applicable that of IPCC there on.
Gajendra R. Tiwari
(Senior Manager-Accounts & CA IPCC Student)
(429 Points)
Replied 05 May 2010
Kindly follow these points:
sree
( Article assistant )
(2285 Points)
Replied 06 May 2010
| Originally posted by : Gajendra R. Tiwari | ||
 |
Kindly follow these points: You have to get converted in IPCC and not in PCC as PCC is to be replaced by IPCC. Take the prospectus of IPCC by giving cash Rs. 100 and fill the conversion form to get converted from PE-II to IPCC. Make the requisition fees of conversion by demand draft. You will immediately get converted and receive the study material on the spot. If u registers today u will be eligible to appear in November 2010 exam. To be eligible for appearing in Nov'10 you have to compulsorily complete 5 days full time orientation program at the institute and 100 Hour ITT program. (As u have given Group-I of PE-II u need not to complete the 100 hour ITT program as u have already completed 250 hour computer program) you have to undergo 3 years practical training after passing group-I of IPCC( as u have already passed group-I of PE-II containing A/cs, Auditing & Business Law, u have to give more three papers viz., Taxation & Costing & FM of Group-I, ITSM of Group-II as per knowledge please clarify it.) |
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correct .. just 1 thing its not 3yes but 3.5 yers .... if u clear Gr1 of IPCC in Nov 2010 you can write CA final in Nov 2014 ( Jan results declare from the 3.5 yer )
Gajendra R. Tiwari
(Senior Manager-Accounts & CA IPCC Student)
(429 Points)
Replied 06 May 2010
if u have converted from PCC to IPCC then only the articleship period will be 3.5 years.
But in the above case it is the conversion from PE-II to IPCC, hence articleship period will be 3 years.
sree
( Article assistant )
(2285 Points)
Replied 07 May 2010
| Originally posted by : Gajendra R. Tiwari | ||
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if u have converted from PCC to IPCC then only the articleship period will be 3.5 years. But in the above case it is the conversion from PE-II to IPCC, hence articleship period will be 3 years. |
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Are you sure my friend ..... and final attempt will come after competion of 3 yer or after 2.5 years
Please give some a sourse thaks a lot
jagannadh
(TRAINING MANAGER)
(175 Points)
Replied 07 May 2010
Gajendra R. Tiwari
(Senior Manager-Accounts & CA IPCC Student)
(429 Points)
Replied 07 May 2010
As per the previous announcements of ICAI, the last attempt will be May 2010 and no further extention of attempts will be done.
Please see the annoucement as follows:
An Important Announcement for Students of Professional Education Examination- II – Extension of PE-II Examination by two more attempts i.e. November, 2009 and May, 2010 - (10-08-2009)
| BOS/Announcement/227/09 |
| August 10, 2009 |
|
An Important Announcement for Students of Professional Education Examination- II – Extension of PE-II Examination by two more attempts i.e. November, 2009 and May, 2010 |
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Students are hereby informed that the Council of the Institute of Chartered Accountants of India, having due regard to the concerns of students belonging to the Professional Education Examination –II stream, has decided to extend the Professional Education Examination –II by two more attempts namely November, 2009 and May, 2010. |
Eligible categories
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Students concerned may note that the Council has made it clear that no further extension will be granted under any circumstances. |
|
CA.R.Devarajan Director, Board of Studies |
Gajendra R. Tiwari
(Senior Manager-Accounts & CA IPCC Student)
(429 Points)
Replied 07 May 2010
Dear sree,
Please see the scheme of articleship as follows:
TRANSITION PROVISIONS FOR EXISTING STUDENTS OF PE-II/PCE
FOR CONVERSION TO INTEGRATED PROFESSIONAL COMPETENCE
COURSE/ACCOUNTING TECHNICIAN LEVEL
FOR EXISTING PE-II STUDENTS
Existing PE-II students registered by virtue of having passed Graduate Degree shall
continue to appear in PE-II examination till May, 2009
Existing PE-II students registered by virtue of having passed PE-I Examination can
continue, at their discretion to appear in PE-II examination till May, 2009 or switch
over immediately to existing Professional Competence Course upto 30th June, 2009
and thereafter shall be compulsorily required to switch over to Integrated
Professional Competence Course Examination [IPCC]
Candidates who have passed one of the groups of PE-II or PCE shall be eligible for
paper wise exemption in IPCC/ATC
Students of PE-II will continue to get paper wise exemption [secured on the basis of
60% and above marks] upon conversion in the corresponding paper(s) of PCE/IPCC
for the remaining un-expired chance(s)
Eligible to grant of Accounting Technician Level Certificate after passing the
remaining papers of Group I of IPCC and upon completion of three years of
Articleship or one year work experience after passing Group I of IPCC
Eligible to appear in Final Examination after passing remaining papers of Group I and
Group II of IPCC and while in last six months of Articleship
Last PE-II Examination will be held in May, 2009
After passing Final Examination, completion of prescribed period of Articleship and
GMCS Course, students will be eligible for membership of the Institute
FOR EXISTING STUDENTS OF PCE
Registration to Professional Competence Course will be upto 30th June, 2009
Last PCE Examination will be held in November, 2012. Thereafter, all students of PCE
will be compulsorily required to appear in Integrated Professional Competence
Course Examination [IPCC] effective from May, 2013
Students of PCE will continue to get paper wise exemption [secured on the basis of
60% and above marks] upon conversion in the corresponding paper(s) of IPCC for
the remaining un-expired chance(s)
Students of PCE who have passed one of the Groups will be eligible for grant of
paper wise exemption in IPCC Examination
Students of PCE will continue to do Articleship as per deed of Articleship already
executed
Students of PCE after passing Group I and Group II of IPCC will be allowed to appear
in Final Examination during the last six months of Articleship
After passing Final Examination, completion of prescribed period of Articleship and
GMCS Course, students will be eligible for membership of the Institute
* * * *
Gajendra R. Tiwari
(Senior Manager-Accounts & CA IPCC Student)
(429 Points)
Replied 07 May 2010
PCC 2 IPCC FAQs
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8310 Points)
Replied 09 May 2010
sree
( Article assistant )
(2285 Points)
Replied 12 May 2010
| Originally posted by : Kalpesh Chauhan | ||
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I want to ask you regarding the below questions. I have cleared 2nd group of PE-II. I have also got exemption in Law in last attempt with 81 marks. MY questions are Q.1 when will my Final attepmt due if i clear in this pe-2 attempt? Q.2 if i can't clear in this attempt than when will my final attempt due in IPCC? Q. 3 Will I be eligible for November 2010 IPCC exams, if i could not clear pe2 this time? |
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1. If u cleare PE2 ... ur final attempt will be in NOV 2010 ( assuming u didt start articalship)
2. If u cleare IPCC Gr1 in NOv 2010 ur final attept will be in May 2014.
3. yes u are elegible for Nov 2010 IPCC provided u competed ITT 100hrs traing and orintation program
The good thing about u is u need to complete on
Papar1: Accounting -I ( Gr1 of Ipcc) to start articalship.
Because u have exp in Law and completed Gr2 in PE2 ... i really hope u clear the exam this time yar ... all the very best
if u want to conver be readu to shell dowm Rs12,500
6000 for IPCC converstion
4000 for Orintation program
2500 for ITT 100hrs traing( if u didt compete)
Rahul Bansal
(Finalist)
(35929 Points)
Replied 20 May 2010
ICAI believes in regular updation of the C.A. course to suit the fast changing environment. As part of this effort the Level Two of the course has been changed and re-christened IPCC. The details of IPCC are:
1. Completion of 9 months from date of registration for IPCC.
2. Undergo Information Technology Training (ITT) provided by ICAI itself for 100 Hours.
3. Undergo the Orientation Programme conducted by ICAI for 35 Hours.
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