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Thursday, April 17, 2014

Exemption from CPT and Direct Entry to CA IPCC for Graduates, Post Graduates, and who pass the intermediate examination of ICSI OR ICAI(ICWAI).

Exemption from CPT and Direct Entry to CA IPCC for Graduates, Post Graduates, and who pass the intermediate examination of ICSI OR ICAI(ICWAI).
Exemption from CPT examination:
Requirements for Becoming a Chartered Accountant through Direct Entry:
I. Commerce Graduates/Post-Graduates (55%) or Other Graduates/Post-Graduates
(60%)*
Enrol with the Institute for Intermediate (Integrated Professional Competence) Course for Both Groups with or without the option of Accounting Technician Course (ATC).
Undergo 100 Hours Information Technology Training (ITT) and 35 hours Orientation Course spanning one Week.
Register for Practical Training of three years. •
Complete General Management and Communication Skills (GMCS) – I Course during first year of practical training
Appear in Intermediate (Integrated Professional Competence) Examination after nine months of practical training and Study Course of eight months concurrently from the date of registration for the Intermediate (Integrated Professional Competence) Course.
Appear and pass in both groups of Intermediate (Integrated Professional Competence) Course.
Register for CA Final Course and prepare for CA Final Examination.
Undergo General Management and Communication Skills (GMCS) II Course (15 days) course while serving the last 19 months to 36 months of articled training. Alternatively, attend Four Weeks’ Residential Programme on Professional Skills Development.
Complete Advance Information Technology Training during the third year of practical training.
Complete three years period of articled training.
Appear in the Final Examination while serving last six months of articled training on or before the last day of the month preceding the month in which the examination is to be held.
Pass Final examination.
Enrol as a member of ICAI and be designated as “Chartered Accountant”.
II. Candidates who have passed Intermediate level examination of The Institute of
Company Secretaries of India or The Institute of Cost Accountants of India
Enrol with the Institute for Intermediate (Integrated Professional Competence) Course either for Both Groups or Group I with or without the option of Accounting Technician Course (ATC).
Undergo eight months of Study Course from the date of registration for the Intermediate (Integrated Professional Competence) Course.
Pass either Group I or Both Groups of Intermediate (Integrated Professional Competence) Examination.
Undergo 100 hours Information Technology Training (ITT) and 35 hours Orientation Course spanning one week at the earliest but these are to be completed compulsorily before commencement of articled training.
Register as Articled Assistant for a period of three years training.
Undergo General Management and Communication Skills (GMCS) – I Course during first year of practical training.
Pass Group II of Intermediate (Integrated Professional Competence) Examination if not passed earlier.
Register for CA Final Course and prepare for CA Final Examination.
Undergo General Management and Communication Skills (GMCS) – II Course (15 days) course while serving the last 19 months to 36 months of articled training. Alternatively, attend Four Weeks’ Residential Programme on Professional Skills Development.
Complete Advance Information Technology Training during the third year of practical training.
Complete three years period of articled training.
Appear in the Final Examination while serving last six months of articled training on or before the last day of the month preceding the month in which the examination is to be held.
Pass Final examination.
Enrol as a member of ICAI and be designated as “Chartered
Accountant”.

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