Education and Career Forum

I would like to get your opinion on whether i should study and appear for both the groups of ipcc together...given that i am also doing bcom...Pls reply at an earliest..

i am confused whether 2 do both the grps togheter or 1by1 given m doing my b.com also i have scored 147in cpt can i do it my coaching is far from my home & if i do both grps my most ofd day wil b consumed in going 2 coaching bt i hav heard dat both grps help alot in d aggregate iam a hard woking student bt im afraid dat i dont take any wrong decision at dis juncture help me

Is it compulsory to do articleship before ipcc? If yes then how many for months of articleship to be done?

Is it compulsory to do articleship for graduates before ipcc? how many months of articleship to be done and how it will be useful for me if i am giving ipcc in may 2015?

IPCC is the intermediate exam of Chartered Accountancy course. The exam is divided into 2 groups with 7 subjects.

Group 1
Paper 1 Accounting
Paper 2 Business law,ethics and communication.
Paper 3 Costing and Financial Management
Paper 4 Taxation

Group 2
Paper 5 Advance Accounting
Paper 6 Auditing and Assurance
Paper 7 Information Technology and Strategic Management.

For passing you must have minimum 40% marks in each subject and in aggregate 50% marks in each group.

Its always better to do both groups, because there is carry forward and set off of marks between both the groups ie, To pass we require 200 marks in 1st group and 150 in 2nd group. If there is 206 in 1st group and 144 in 2nd group. 6 marks from 1st group is carried forward to 2nd group and you will get both groups.

Also in case of 2nd group there is 2 theory paper and only one problem paper. For students who hate theory is going to stuck here. So it is always better to do both groups.