Education and Career Forum

hi sir,
I completed my b.com n i got 67%...n i m plannig to do ca but i was totally confused about cpt exam...i heared that there is no necessary 2 give cpt after graduation..Is it finally aprroved by both icai n government of india? n does i directly eligible to start my articleship without passing I group of ipcc?
pls let me know as soon as possible.....

YES, you are eligible to apply in IPCC level of Chartered Accountancy course as you have score above 55% in your B.com .

Commerce Students who score more than or equal to 55% are exempt of CPT level of Chartered Accountancy.


There are three stages in CA

Common Proficiency Test(CPT)
IPCC ( 2 GROUPS)
Final examination

Answer of your Second Question is NO.

you have to clear IPCC (group I) only after clearing IPCC (Group First) you will be eligible for any articleship provided by ICAI.


Subjects (IPCE)

Accounting
Law, Ethics and Communication
Cost Accounting and Financial Management
Taxation
Advanced Accounting
Auditing and Assurance
Information Technology and Strategic Management

Duration of Chartered Accountancy course for graduates - 3.5 YEARS minimum.

Fee of Chartered Accountancy course - 40000/-


for futher information visit

www.icai.org

any age limit for doing C.A., ????

Let me clear things for you. What you have heard is absolutely right. There is no need to appear for the Common Proficieny Test (CPT) if a candidate has completed graduation. Earlier both 12th pass and graduates had to appear for the CPT.


But the rules have been changed by the ICAI. Only ICAI has tha authority to change the rules of the Chartered Accountancy course. And no changes can be made unless ICAI has taken permission from the government of India. Therefore the direct admission procedure has got the necessary approval.


All you would need to do is complete B.Com with at least 55 percent marks to be eligible for direct admission. Similarly non-commerce graduates require 60 percent marks for direct admission. Since you have got 67 percent marks in B.Com, you can take admission directly for the IPCC.


However to answer second part of your question. You will require to clear IPCC Group 1 before you can become eligible for the articleship provided by ICAI. There is no change in this rule.


Integrated Professional Competancy Course (IPCC)


Group 1

1. Accounting

2. Business Laws,Ethics and Communication

3. Cost Accounting and Financial Management

4. Taxation



Group 2

5. Advanced Accounting

6. Auditing and Assurance

7. Information Technology and Strategic Management



Final Stage

Group 1

1. Financial Reporting

2. Strategic Financial Management

3. Advanced Auditing and Professional Ethics

4. Corporate and Allied Laws


Group 2

5. Advanced Management Accounting

6. Information System control and Audit

7. Direct Tax Laws

8. indirect tax Laws

Hello,
YES, you are eligible to apply in IPCC level of Chartered
Accountancy course as you have score above 55% in your B.com .

Commerce Students who score more than or equal to 55% are exempt of CPT level of Chartered Accountancy.


There are three stages in CA

Common Proficiency Test(CPT)
IPCC ( 2 GROUPS)
Final examination

Answer of your Second Question is NO.

you have to clear IPCC (group I) only after clearing IPCC
(Group First) you will be eligible for any articleship provided by ICAI.


Subjects (IPCE)

Accounting
Law, Ethics and Communication
Cost Accounting and Financial Management
Taxation
Advanced Accounting
Auditing and Assurance
Information Technology and Strategic Management

Duration of Chartered Accountancy course for graduates - 3.5 YEARS minimum.

Fee of Chartered Accountancy course - 40000/-


for futher information visit

www.icai.org
thaxsss
all the best

can i do ca-ipcc after bcom with 60% marks from eiilm university