Chartered Accountancy is one of the most respected professions of India. There are ample growth opportunities for CAs, as almost every industry now relies on CAs for all their financial matters. Integrated Professional Competence Course of IPCC is one of the stages of the study of Chartered Accountancy. In the Group I of IPCC a paper on Cost Accounting and Financial Management is there. This subject is very crucial as far as the job of a Chartered Accountant is concerned.

Parts of the question paper:

There are two parts in the question paper. The first part is Cost Accounting and the second is Financial Management.

Details of the Paper

All the questions in the exam are compulsory. In part 1, question 1 is of 10 marks. There are 5 sub questions in it, each carrying 2 marks. Question 2 carries 15 marks. This can be a numerical problem or some descriptive question. The third question is of 16 marks. This consists of a practical problem. In question number 4 students have to answer any three sub questions, each carrying 3 marks.

In part B the first question has five short sub questions of 2 marks each. The second question is again a numerical problem carrying 15 marks. The third question has practical problems and the last question has three sub questions, each of 3 marks.