ICAI has relaxed more in the eligibility criteria for Direct Entry CA Students registering from July 01, 2017 to July 31, 2017, for appearing in May 2018 Intermediate (IPC) Examination under Revised Scheme of Education and Training.
Under the New Scheme of Education and Training, the eligibility criteria for Direct Entry CA Students are to complete Nine Months of Practical Training after undergoing Four Weeks Integrated Course on Information Technology and Soft Skills (ICITSS) Course is modified for the sake of students.
It was earlier observed that Students will face hardship in completing nine months of Practical Training because they have to undergo four weeks ICITSS and thereafter commence their Practical Training and accordingly, to mitigate hardships of students who had registered for Intermediate Course during July 01, 2017 to July 31, 2017, through Direct Entry Route [under regulation 28F (4)] in completing nine months of Practical Training, the Council of the Institute of Chartered Accountants of India (ICAI) decided to allow them to appear in May, 2018 Intermediate Examination after completing eight months of Practical Training instead of nine months on the first day of the month, i.e. May 2018.
Further, now it has been observed that students could not commence their Practical Training by 1st September 2017 as they were not able to complete their ICITSS due to various inevitable reasons. To mitigate the hardship, the Council has further decided to allow above category of students to appear in May, 2018 Intermediate Examination after undergoing Four weeks Integrated Course on Information Technology and Soft Skills (ICITSS) and completing seven months of Practical Training instead of eight months on the first day of the month, i.e. May 2018.
Earlier ICAI have relaxed the criteria of practical training for students who originally registered for Intermediate (IPC) Course through CPT Route and appeared in Intermediate (IPC) Examination (s) but unable to pass the said examination (s) and later on after graduation shifted to direct entry scheme. In order to mitigate the hardships being faced by such students, the Council on consideration decided to relax the criteria for completion of nine months of Practical Training for appearing in the Intermediate (IPC) Examinations.
Graduates or Post Graduates from Commerce stream having secured in aggregate a minimum of 55% of the total marks or its equivalent grade or other Graduates or Post Graduates having secured in aggregate a minimum of 60% of the total marks or its equivalent grade in the examination conducted by any recognized University (including Open University) are eligible to register directly for Intermediate (Integrated Professional Competence) Course without passing the Common Proficiency Test (CPT).
Eligibility for Direct Entry CA Students to Appear in the Intermediate Examination
1. Graduates or Post Graduates Students:
- is registered for the Intermediate (Integrated Professional Competence) Course;
- has completed eight months of practical training (including study course for a period of seven months which shall commence from the date of registration to the Course).
2. Students who have passed an Intermediate level examination of The Institute of Cost Accountants of India or The Institute of Company Secretaries of India :
- is registered for the Intermediate (Integrated Professional Competence) Course
- has undergone a study course for a period of eight months commencing from the date of registration to the Course.
CA IPCC Registration Last Date For Nov & May Attempt
IPCC or Integrated Professional Competence Course is the second level of Chartered Accountancy examinations. ICAI conducts CA IPCC exam twice in a year in the months of May and November. IPCC registration opens throughout the year. But you should register before the due date for the attempt chosen. A Student can appear for CA IPCC exams after 8 Months of having submitted the IPCC Registration Form.
|Attempt Due||Last Date of IPCC Registration|
|May Attempt||1st September of the previous year|
|November Attempt||1st March of the same year|
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