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Important Announcement for students of Professional Education (Course-II) to commence their articled training

BoS/Announcement/227/10

 

10th August, 2010

 

Sub: Students who have initially registered for Professional Education (Course II) and passed one of the groups in Professional Education (Examination II) can commence their articled training on successful completion of Information Technology Training (ITT)

 

Having regard to the hardship faced by the students of Professional Education (Course-II), the Council of the Institute of Chartered Accountants of India has decided to allow Professional Education (Course-II) students who

have passed one of the groups in Professional Education (Examination II) to commence their articled training under a eligible member of the Institute in terms of Regulation 45 (1) (b) (i) of the Chartered Accountants Regulations, 1988.

 

In view of the above, students of the following category of PE-II students can register and commence their articled training on switching over to Integrated Professional Competence Course (IPCC) subject to completion of Compulsory Computer Training (CCT) or Information Technology Training (ITT) as under.

 

Stream

Eligibility conditions to commence/ rejoin articled training

Registered in Professional Education (Course-II) either through graduate route or other wise and passed one of the groups in Professional Education (Examination-II)

1. Passed one of the groups in Professional Education (Examination-II)

2. Completed Compulsory Computer Training (CCT) or Information Technology Training(ITT) and

3. Convert from PE-II to IPCC

Registered in Professional Education (Course-II) and then converted to Professional Competence Course (PCC) and thereafter to Integrated Professional Competence Course (IPCC)

1. Initially registered in PE-II course

2. Converted from PE-II to PCC

3. Switched over from PCC to IPCC

4. Terminated their articled training on conversion to IPCC

5. Passed one of the group in Professional Education (Examination-II) and

6. Completed Compulsory Computer Training (CCT) or Information Technology Training(ITT)

 

 

Note:

 

1. Articled registration fee is Rs. 2000/- to be paid while commencing articled training to the concerned Regional Office by way of Demand Draft drawn in favour of The Secretary, The Institute of Chartered Accountants of India payable at Mumbai, Chennai, Kolkata, Kanpur or Delhi as the case may be.

 

2. If student who was not completed Compulsory Computer Training (CCT), has to register for Information Technology Training (ITT). Registration fee for ITT registration is Rs. 2000/- is to be paid to the concerned Regional Office by way

Demand Draft drawn in favour of The Secretary, The Institute of Chartered Accountants of India payable at Mumbai, Chennai, Kolkata, Kanpur or Delhi as the case may be.

 

3. Students have to pay separate fee of Rs. 4,000/- for undergoing ITT classes to the concerned Regional ITT centres or to the concerned ITT Branches.

 

Students who have passed one of the groups in Professional Education (Examination II) will get paper wise exemption (NOT Group wise Exemption) in Integrated Professional Competence Examination (IPCE) and have to

appear and pass remaining papers in IPCE under Unit Scheme as given under

 

Click here for details of Units Scheme in IPCE

 

This announcement is comes in to effect from August 10, 2010.

Vijay Kapur

Director, Board of Studies



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