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Passed group-2 in pe2 mode in 2008 and left ca,now i want to

rakesh (accountant) (24 Points)

16 August 2011

dear friends,

i have passed group-II in pe-II mode in year 2008,after that i went to job,leaving pe-II course.but now in 2011 iwant to study again.please guide me in this situation.now whether i have to write both groups in ipcc or one. please tell me , how many years it will take to complete CA.

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5 Replies

CMA. Murali (Cost Accountant) (508 Points)
Replied 16 August 2011

Dear Rakesh,

You need to pay 1500 Rs to Inst for conversion from PE II to IPCC. Once you get the letter you can continue the CA course. You need not write the 2 Group once again since you have already passed. You will get exemption in IPCC paperwise and not Groupwise. As per the existing IPCC. You need to take up the exam of Accounting, Law Ethics and Communication, Auditing and Assurance and Advanced Accounting.

You are exempeted from Costing and FM, Income Tax, Info Tech and Strategic Mgt.

Let me know if you need any further details

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Nitin Moudgil (~) (694 Points)
Replied 16 August 2011

OTT training is exempted for pe to converted student ????? Murali sir??

neeraj (Assistant accounts manager) (68 Points)
Replied 17 August 2011

I Have the same problem, i cleard gr 1 in PE-2 in 2008,

Now how can i continue ??, Plz help

What will be cost of conversion to IPCC & subject to appear in IPCC??

whether OTT in compulsory? Pls suggest

CMA. Murali (Cost Accountant) (508 Points)
Replied 17 August 2011

If you have already completed OTT then you need not do it again, In case if you have not done that once you complete IPCC you can go for OTT before joining Articleship.

Neeraj - Since you have completed PE II Group 1

You are exempted from Accounting, Law Ethics and Communication, Auditing and Assurance and Advanced Accounting.

You need to appear for Costing and FM, Income Tax, Info Tech and Strategic Mgt.

Cost of conversion from PE II to IPCC is Rs 1500.