Value of CMA Course in UK

MOU with CIMA

ICWAI Signs MOU with CIMA, UK

CIMA (The Chartered Institute of Management Accountants) and ICWAI (The Institute of Cost and Works Accountants of India) have signed an historic agreement to allow mutual advanced entry for students into both of the accountancy bodies’ professional examinations. 

Shri Prem Chand Gupta, the Indian Honorable Union Minister for Corporate Affairs, announced the signing of the agreement at an event today (9 January) in New Delhi, India. The MoU (Memorandum of Understanding) was signed by Kunal Banerjee, President, ICWAI, Sanjay Bhargave, Chairman, Training Education Facilities & IT Committee, ICWAI, CIMA’s President Glynn Lowth, CIMA’s Chief Executive Charles Tilley and Robert Jelly, CIMA’s Director of Education.

The MoU between CIMA, the only international professional body with a sole focus on training finance professionals in business and government, and the ICWAI, India's leading management accounting body, has been agreed by the governing bodies of both Institutes and also by the Indian Ministries of Corporate Affairs and External Affairs.

This agreement will serve to both strengthen the professional accounting links between two of the world’s leading economies and provide highly skilled professional accountants for the global labour market enabling both institutes to work together to enhance recognition of the profession and their professional bodies.

The MoU introduces a new CIMA Professional Gateway examination (available from May 2009) for ICWAI students who have successfully completed the whole of the ICWAI professional examination, enabling a ‘fast track’ route into CIMA’s Strategic level examinations, final tests of professional competence and ultimately CIMA Membership. CIMA students wishing to gain Membership of the ICWAI have a ‘fast track’ route to ICWAI Membership.

The CIMA President Glynn Lowth said in London:

“Management accountancy is a truly global profession and the signing of this Memorandum of Understanding reflects this. This historic collaboration with our Indian colleagues will enable both institutes to highlight the benefits of a professional management accountancy qualification, to share best practice and to train and develop the global business leaders of the future.”

Kunal Banerjee, President of ICWAI, commented:

“The MoU with CIMA heralds an era of opening up of globalisation for Indian students. Never before have Indian students had an opportunity on this scale to attain international accounting recognition at such a fast pace. We believe we have taken India closer to the nucleus of global management accounting with this MoU."

• Click to View Salient features of MOU
• A new 'fast track' route to CIMA Membership
• Information of Members of ICWAI Desirous of Pursuing CIMA
• Your route to becoming a Chartered Management Accountant
• CPGA accelerated route

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Value of Company Secretary Course Outside India

Guidance note for ICSI members wish to pursue the ICSA-UK Course under the ICSI-ICSA MoU

The following represents some general guidance in connection with the with the ICSI-ICSA MoU requirements:

Eligibility:

·         You must have been a member of ICSI (Associate or Fellow), in good standing for a minimum of two years. ·          You are required to complete the following three non-exempted ICSA examinations: - Corporate Governance - Corporate Secretarial Practice - Chartered Secretaries Case study

Registration Procedures:

·         To register as a student, you must complete the application form (download from link provided at the end of this page) and send it to ICSI alongwith Rs. 562/- demand draft (Rs. 1500/- w.e.f. November 1, 2013)in favour of the Institute of Company Secretaries of India payable at New Delhi. Please also enclosed a certified copy of your ICSI Membership Certificate with your application. After the receipt of your form at ICSI this will be certified by the ICSI Endorsing Officer and then ICSI will forward complete application form to ICSA. ·         After receipt of your form, Student Support Section of ICSA-UK will contact you for the payment of applicable course fees and after the payment of fee you will be registered as student with ICSA-UK. Note: Membership must be certified by the ICSI Endorsing Officer on the relevant section of the attached application form prior to registration with ICSA.

The Cut off dates for ICSA registration are as follows:

·         For students wishing to sit examinations in JUNE - 20 February ·         For students wishing to sit examinations in DECEMBER -  20 August

Completed applications must be submitted to ICSI in time to allow onward transmission to ICSA, so as to ensure arrival by the above dates. For further guidance please refer to ICSI. It should be noted that the late applications will not be accepted.

Examination

There are 7 examination centres in India, viz., Chennai, Delhi, Kolkata, Mumbai, Bangalore, Hyderabad and Pune. The examinations are conducted twice a year in May-June and November-December.

Cut-off Dates for Registration		Cut-off Dates for Examinations
June Session	20th February	June Session	1st April
December Session	20th August	December Session	1st October

The Examination form is provided by the ICSA directly at the time of registration to the ICSI members. The said form is also posted on our website.  

Applicable Course Fee for ICSA-UK Course (August 2013 - July 2014) Registration fee                                                                                  £55.00 One Year Annual subscription                                                              £118.00 Exemption fee, per module                    (£139.00 X 5)                           £695.00   To initially register with the ICSA-UK you will be required to Pay  £868.00   For appearing in Examination of Corporate Governance or Corporate Secretarial Practice you will be required to pay an additional £139.00 per module.   On the successful completion of the two aforementioned modules you can sit the Case Study which is currently £211.00.   Study Material You can purchase the study material online from ICSA website i.e.https://www.icsaglobal.com/bookshop/exam-information For further information/details contact Students Services E-mail (For all Student Related Queries)   Supportservices@icsaglobal.com Address & Telephone Number of ICSA-UK

The Institute of Chartered Secretaries & Administrators 16, Park Crescent LONDON W1B 1AH Tel: 020 7580 4741 Fax: 020 7323 1132 Website: www.icsa.org.uk Email:info@icsa.co.uk

CLICK HERE TO DOWNLOAD → REGISTRATION FORM

CLICK HERE TO DOWNLOAD → EXAMINATION ENTRY FORM

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Download Income Tax App for CA/CS and CMA Course

https://play.google.com/store/apps/details?id=com.pixel.quizapplite   

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Very Short Summary Notes of Company Law for CS/CA and CMA Students

Summary Notes of Company Law for CS Executive and CA IPCC Course http://krishancommerceclasses.blogspot.com/2014/04/summary-notes-of-company-law-for-cs.html

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Summary Notes of Company Law for CS Executive and CA IPCC Course

Click the following link to view and download Company Law Summary Notes

http://krishancommerceclasses.blogspot.in/2013/06/short-summary-notes-on-company-law-by.html

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Passing percentage in CA Final November 2013 Exams

CA Final Result of November,2013 — with CA Sandeep Arora and15 others.

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Eligibility Criteria for CA CPT Registration

Eligibility Criteria for CA CPT Registration

Students who has passed 10th Standard conducted by an examining body recognized by the central govt. or any other exam recognized by the govt. as its equivalent thereto is Eligible to Register for the CA Course and has to Register for CA-CPT. Though the Student is eligible for writing the Exam only after appearing or Passing 12th Standard or Intermediate exam or its Equivalent by an examining body recognized by the Central Govt.

It is also observed that there are students who are having doubts on what course should be taken up in the Intermediate level or 11th Standard, As far as Chartered Accountancy course is concerned there is no such thing which says Only Specific group should be taken to join CA course.
So, Friends you can take any group in the Intermediate either M.P.C, Bi.P.C, MBi.P.C., M.E.C or C.E.C you can still join in CA Course.
But, it is recommended that you take-up M.E.C as your group in the Intermediate, since it is easy to prepare for CA-CPT subsequently.

Candidates who passed their graduation with specific percentage are eligible to directly register for IPC (CA Intermediate) without appearing for CPT Exam
The following fee structure is subject to change from time to time.

CPT Fee Structure For Indian and Nepali (Amt in Rs.)

Cost of CPT Prospectus – 100/-
CPT Registration Fee – 6000/-
CPT Exam Fee – 500/- (Center in India) , 600/- in case candidates chooses center in Nepal

TOTAL – 6600/- (Minimum)

Optional:

Subscription for Student Journal – 200/-
Subscription for Members Journal – 400/-



CPT Fee Structure (For Abu Dhabi (UAE), Bahrain, Doha (Qatar), Dubai) (Amt. in US $)
Cost of CPT Prospectus – 10/-
CPT Registration Fee – 350/-
Subscription for Student Journal (Optional) – 25/-
Subscription for Members Journal (Optional) – 50/-

TOTAL – 435/-



Concession for Physically Challenged Students (details coming soon)



Registration-Process:

Any Interested Students who are willing to take up CA as their Profession, they can take a Registration form (Click here to download) or

Physically buy a Registration form from the nearest Branch office (Chapter office) of the ICAI.

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Syllabus of CA IPCC Course

To see the syllabus of IPCC Course click the link given below

http://www.icai.org/post.html?post_id=10123

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Passing Percentage/Criteria for CA CPT Course

Passing Criteria for Cpt Exams has been Change from June 2014. ICAI announced the Revised rules for Clearing the Cpt Exams.
CPT 30% Passing Mark Rule :

Details of the 30% Passing Mark Rule :-

1. Minimum of 30% marks in each of the four sections/subjects.

2. Minimum of 50% marks in the aggregate of all the sections/subjects
.
* subject to the principle of negative marking, in such manner as may be determined by the Council, from time to time.

Students appearing in CA CPT June 2014 exam will have to get 100 marks with 30% at least in each of the sections/subjects to crack the CPT exam.

Minimum Passing Mark required in each subject

“A candidate for the Common Proficiency Test shall ordinarily be declared to have passed the test if he obtains at one sitting a minimum of thirty per cent marks in each section and a minimum of fifty per cent marks in the aggregate of all the sections, subject to the principle of negative marking, in such manner as may be determined by the Council, from time to time.”

¼ (one fourth) mark shall continue to be deducted for each wrong answer and multiple darkened circles for a question will also be treated as wrong answer. Accordingly, the minimum marks required in each section and in the aggregate in all sections of CPT as per the revised rules.

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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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Registration Fee for CA CPT and IPCC and Final Course

A notification issued by ICAI

Click Herehttp://220.227.161.86/12872overview-fees.pdf

Ankita Garg (21st AIR in India) in CS Final

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Unique Location of Krishan Commerce Classes

KRISHAN COMMERCE CLASSES, a leading CS and CA Coaching Institute in Punjab is centrally located in Ludhiana. It is located in Krishna Nagar, which is 2 minutes walking distance away from Aarti Chowk(a central point of Ludhiana). One of advantage to the students of Krishan Commerce Classes is its location. Students of CS and CA Course come to us from different cities like Moga, Talwandi ,Ferozepur etc, they just get down of the bus at Aarti Chowk and walk for few metres which saves time and energy. Our Coaching institute is just few metres away from main Ludhiana colleges like Government College for Boys , Government College for Girls, Arya College, Khalsa College. Just come in morning for CS and CA classes and then they join their colleges without wasting any time.

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Total Number of Companies registered in India

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Fresh Batches for CA CPT and IPCC and CS Course in Ludhiana by KRISHAN COMMERCE CLASSES

KRISHAN COMMERCE CLASSES, a leading coaching institute providing coaching to CS and CA course students is going to start fresh batches for CA CPT and IPCC and CS Foundation,Executive and Professional Course. 

Noteworthy point

We never mix CS students with CA Students or vice-versa keeping in mind the different relevant portion of practical and theoratical in relevant courses, because both of these courses require different approaches. For example in Company Secretary Course Company Law Subject is taught with greater deep analysis but it is not so in Chartered Accountancy Course.

Faculty for These Courses:

Jagdeep Arora (B.Com,CA,CS,CMA)
Sandeep Arora (B.Com,CA,CS(F))

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KRISHAN COMMERCE CLASSES BAGS TWO ALL INDIA RANKS IN ONE GO

TAMANNA VINAYAK OF KRISHAN COMMERCE CLASSES HAS ACHIEVED ALL INDIA 14TH RANK IN CMA FINAL AND RAJAN KHERA 22ND RANK IN DECEMBER 2013 CMA FINAL EXAMINATIONS , JUST ONE YEAR BACK, ANKITA GARG RATHI OF OUR INSTITUTE HAD BAGGED 21ST ALL INDIA RANK IN CS PROFESSIONAL PROGRAMME.

A LEADING NEWSPAPER DAINIK JAGRAN PUBLISHED THIS GREAT EVENT VOLUNTARILY

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New Company Secretary(CS) Course Training Structure

              New Company Secretary Course Training Structure

After Foundation -   3 Years

After Executive    -  2 Years

After Professional - 1 Year

Copy of Official Announcement by ICSI

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Last Date for Registration for CS Foundation,CS Executive and CS Professional Programme for December 2014 Exams

For CS Foundation - 31st March,2014

For CS Executive 
- Both Modules  - 28th February, 2014
- Single Module - 31st May, 2014

For CS Professional Programme
- For All Modules     - 28th February, 2014
- For Single Module - 31st May, 2014

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