ICAI has announced in the Notification BoS/Announcement/227/13 Dated 7th January 2013 that students who are pursuing PCC (Professional Competence Course) will be required to convert in Intermediate Professional Course (IPC) after November 2012 examination. So, this means November 2012 was the last attempt of CA PCC. ICAI further clarified that it will not conduct PCC examination from May 2013 exam sessions. So, PCC students who failed in November 2012 CA PCC examination will have to convert in Intermediate Course (IPC) by conversion from PCC to IPCC exam to be eligible for upcomin CA exams. So, check below for the Simple Procedure to Convert from PCC to IPCC to Appear in Nov 2013 & later IPCC exams.
Note: IPCC (Integrated Professional Competence Course) is renamed to Intermediate (IPC = Intermediate Professional course) from May 2013 exam onwards.
A. Procedure of PCC to Intermediate (IPC) Conversion:
Below Simple Procedure to Convert from PCC to IPCC to Appear in upcoming IPCC examination is given.
> Fill and submit the prescribed form along with Conversion Fee as specified above for shifting from Professional Competence Course (PCC) to Intermediate (IPC) Course. Form for switchover to Intermediate (IPC) Course can be downloaded from the following link:
Download PCC to IPCC Conversion Form: https://220.227.161.86/14650IPCC_Converson_Form.pdf
PCC to IPCC Conversion Fees: If you want to convert from PCC to IPCC then you will have to pay Rs.500 as conversion fee (for both groups) from PCC to IPCC.
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Particulars of fee
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Fee
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Fee
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(Rs.)
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($)
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Conversion Fee for Both Groups (including Study Material)
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500
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30
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ATC (Optional ) Fee
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1000
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60
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Note: The 500Rs amount should be paid by way of Demand Draft drawn in favour of “The Secretary,The Institute of Chartered Accountants of India” payable at Mumbai/ Chennai / Kotkata / Kanpur/ New Delhi [as the case may be].
Documents to be Enclosed with Conversion Form:
> Enclose a copy of certificate issued by the ICAI having undergone Compulsory Computer Training (CCT)/ Information Technology Training (ITT), if already completed, for ready reference.
>Enclose a copy of Articled/ Audit Training Registration/ Completion Certificate issued by the Institute.
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B. Eligibility Requirement to appear in Intermediate (IPC) Examination after conversion:
Professional Competence Course (PCC) students would be eligible to appear in the Intermediate (IPC) Nov 2013 Examination on fulfilling the following requirements:
(a) Undergo 100 hours Information Technology Training (ITT), if not completed earlier;
(b) Completion of nine months practical training (which include concurrent study course for a period of eight months) – students who are not fulfilling the above requirement (i.e. has served less than 9 months of articled training), shall be required to re-register for practical training and complete nine months so as to become eligible for appearing in the Intermediate (IPC) Examination;
It is clarified that students who are converting from PCC to Intermediate (IPC) Course are required to undergo articled training for a period of three and half years (3½);
(c) Orientation Course is exempted for PCC students converting to Intermediate (IPC) Course.
So PCC students who converts to IPCC will not have to do the Orientation Training.
Recommended Article: Unit Scheme under Intermediate (IPC) for PCC Students for May 2013
Read more: https://www.cacracker.com/procedure-to-convert-from-pcc-to-ipcc/#ixzz2tgZ5Axn8
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