Period of Validation of Registration in C.A

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Important Announcement for Chartered Accountancy Course Students

 

BoS/Announcement/227/11                                                                                  June 23, 2011

 

 

 

Sub: Period of Validation of Registration in Chartered Accountancy Course

-------------

In order to streamline the period of validity of registration for Common Proficiency Course  (CPC), Professional Competence Course (PCC)/ Integrated Professional Competence Course (IPCC)  and Final levels of Chartered Accountancy Course, the Council at its 303rd Meeting held on February 10-12, 2011decided as under:

 

CPT students:

 

·    Initial registration for Common Proficiency Course (CPC) is valid for 3 years.

 

·    Revalidation of registration shall be done for further period of 3 years before expiry of initial registration. Students who have got their registration revalidated with the concerned  Decentralised Offices may have the registration revalidated every 3 years after the expiry of the earlier revalidated period.

 

·    Fee for revalidation is Rs. 300/- for each revalidation.

 

·    Students are required to ensure before applying for admission to CPT examination that they have valid registration.

 

·    CPT students who have registered on or before 30th November, 2008 are required to       revalidate               their      registration     before      applying      for      December,    2011      CPT examination.

 

PCC/IPCC students:

 

·    Initial   registration   for   Professional   Competence   Course   (PCC)/     Integrated

Professional Competence Course (IPCC) is valid for 4 years.

 

·    Revalidation of registration shall be done for further period of 4 years before expiry of initial registration. Students who have got their registration revalidated with the concerned  Decentralised Offices may have the registration revalidated every 4 years after the expiry of the earlier revalidated period.

 

·    Fee for revalidation is Rs. 400/- for each revalidation.

 

·    Students  are  required  to  ensure  before  applying  for  admission  to  PCC/  IPCC

examination that they valid registration.

 

·    PCC students who have registered on or before 31st  October, 2007 are required to revalidate their registration before applying for November, 2011 PCC examination.


·    Students who have registered in Intermediate or Professional Education (Course-II) are required to switchover to Integrated Professional Competence Course (IPCC) in order to continue their studies in chartered accountancy course.

 

Final students:

 

·    Initial registration for Final Course is valid for 5 years.

 

·    Revalidation of registration shall be done for further period of 5 years before expiry of initial registration. Students who have got their registration revalidated with the concerned  Decentralised Offices may have the registration revalidated every 5 years after the expiry of the earlier revalidated period.

 

·    Fee for revalidation is Rs. 500/- for every revalidation.

 

·    Students are required to ensure before applying for admission to Final examination that they have valid registration.

 

·    Final students who have registered on or before 31st  October, 2006 are required to revalidate                 their      registration      before                   applying                   for         November,        2011            Final examination.

 

It may be noted that if a student appears in the CPT or PCC/IPCC or Final examination without having valid registration, he shall have to pay a penal fee of Rs. 250/- (in addition to the prescribed revalidation fee with retrospective effect) within 30 days prior to the date of declaration of results.

 

Candidates,  whose  period  of  initial  registration  has  expired,  may  apply  for revalidation by  making an application on plain paper, together with the prescribed fee by way of Demand Draft  drawn in favour of “The Secretary, The Institute of Chartered Accountants of India, payable at  Mumbai/ Chennai/ Kolkata/ Kanpur/ Delhi”  as  the  case  may  be  and  forward  the  same  to  the  Decentralised  Office concerned at Mumbai, Chennai, Kolkata, Kanpur and Delhi.

 

The above  decision  of  the  Council shall  be  applicable  from  November/ December, 2011 examination onwards.

 

 

Director, Board of Studies

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