Frequently Asked Questions (CA IPCC)

Intermediate (Integrated Professional Competence) Course Related

What is an Intermediate (Integrated Professional Competence) Course (IPCC)?

Intermediate (Integrated Professional Competence) Course (IIPCC) is next level after clearing CPT for pursuing CA Course. It is regarded as level 1 for the students registering under Direct Entry Scheme, compiling with the laid eligibility requirements.

How to apply for admission to the Intermediate (IPC) Course / ATC?

A student is required to apply for registration in the prescribed form available at Institute’s website or can buy a Prospectus for Chartered Accountancy Course either from Regional Offices or Branches of the Institute by remitting Rs.100. If Registration Form is downloaded from the Institute’s website, students are required add Rs. 100/- or US $ 10 as the case may be with Intermediate (IPC) Course / ATC Registration fee for supply of “Prospectus for Chartered Accountancy Course – Scheme of Intermediate (Integrated Professional Competence) Course and Final Course”.

What are the requirements or eligibility to enroll for Intermediate (IPC) Course /ATC?

Eligibility qualification/ requirement to enroll for Intermediate (IPC) course (as stated by ICAI):

 a. A candidate is eligible for enrolment to any of the level(s) of the Intermediate (IPC) Course on passing the Common Proficiency Test and Senior Secondary Examination (10+2 examination) conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto.

b. A candidate who has already passed Entrance Examination or Foundation Examination or Professional Education (Examination-I) shall be eligible for enrolment to Intermediate (IPC) Course subject to complying with relevant conditions.

c. A candidate who was already registered for erstwhile Intermediate/ Professional Education (Course-II)/ or Professional Competence Course cum articleship shall be eligible for enrolment/ conversion to Intermediate (IPC) Course subject to complying with relevant conditions.

d. Students who are Graduates/ Post Graduates in Commerce having secured in aggregate a minimum of 55% of the total marks or its equivalent grade in the examination conducted by any recognized University (including Open University) by studying any three full papers of 100 marks each out of Accounting, Auditing, Law including Business Laws, Mercantile Laws, Corporate Laws etc., Economics, Management including Financial Management, Personnel Management etc., Taxation including Direct Tax Laws, Indirect Tax Laws etc., Costing, Business Studies, Business Administration and Management Accounting or other than those falling under Commerce stream 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) and Candidates who have passed the Intermediate level examination conducted by The Institute of Cost Accountants of India or by The Institute of Company Secretaries of India can register directly in the Intermediate (IPC) Course.

e. Students who are pursuing the Final year Graduation Course can also register for the Intermediate (IPC) Course on provisional basis and such students registration would be regularized and they can commence practical training only on submission of satisfactory proof of having passed the Graduation examination with the specified percentage of marks within six months from the date of appearance in the final year graduation examination and completion of Information Technology Training (ITT) and Orientation Course. During the provisional registration period, a student can undergo and complete Information Technology Training (ITT) and Orientation Course. If such student fails to produce the proof within the aforesaid period, his provisional registration shall stand cancelled and the registration and other fees, as the case may be, paid by him shall not be refunded/ adjusted and no credit shall be given for the theoretical education undergone.

Shall a student opt for Intermediate (IPC) Course or ATC or Both? 

It is always beneficial to enroll for Both Groups of Intermediate (IPC) Course with the option of ATC. Since, student needs to undergo 8 months study course, 100 Hour ITT and 35 hours Orientation Programme only once during Intermediate (IPC) Course. Therefore, students are suggested to enroll for Both Groups of Intermediate (IPC) Course with the option of ATC, whereby students in case of any eventuality, may quit the CA course in the middle with ‘Accounting Technician Certificate’ (subject to fulfillment of regulatory requirements). 

Where to submit/dispatch filled-in application form?

The form is to be submitted at the offices of regional councils of ICAI depending upon the state category they fall in. The form can also be submitted at the local regional centers in various cities, if available.

Link for Details: http://resource.cdn.icai.org/45099bos35101cpc.pdf

What is the detailed syllabus of CA-IPCC?

What are the documents/ proofs to be to be enclosed along with the IPCC registration form?

Students, while submitting Intermediate (IPC) Course registration form at the concerned Regional office, should enclose the following:

1) Demand Draft/Pay Order towards Intermediate (IPC) Course registration fee (Demand Draft should be drawn in favour of “The Secretary, The Institute of Chartered Accountants of India payable at either New Delhi/ Mumbai/ Chennai/ Kolkata/ Kanpur” as the case may be.

2) Attested copy of 12th pass or its equivalent Central Government recognised examination pass marks statement (applicable to CPT route students).

3) Copy of CPT Pass marks statement, (applicable to CPT route students) (copy of downloaded CPT marks statement is acceptable).

 4) Graduation/Post Graduation marks statements or Intermediate level examination pass statement having passed the Intermediate level examination of The Institute of Cost Accountants of India or by The Institute of Company Secretaries of India for admission to Intermediate (IPC) Course under Direct Entry Scheme.

Whether Intermediate (IPC) Course registration is valid for indefinite period?

No. Intermediate (IPC) Course registration is valid for 4 years. IPCC students should have valid registration before applying for relevant Intermediate (IPC) Examination. Revalidation of registration shall be done for further period of 4 years before expiry of initial registration. Students can revalidate their registration any number of times before expiry of valid registration period. Fee for revalidation is Rs. 400/- for each revalidation.

Intermediate (Integrated Professional Competence) Examination Related

What is eligibility requirement for appearing in the Intermediate (IPC) Examination? Every student is required to complete the specified period of study to appear in CA-IPC Examinations. A student who registers for IPCC/ ATC through CPT route on or before 1st March will be eligible to appear in the November examination of the year and student who registers on or before 1st September will be eligible to appear in next May examination, i.e. on completion of specified period of 8 months study course as on first day of the month in which examination is held. Graduate/ Post Graduate route students shall be eligible to appear in the Intermediate (IPC) Examination on completion of 9 months of practical training. 

Every student is required to complete the specified period of study to appear in CA-IPC Examinations. A student who registers for IPCC/ ATC through CPT route on or before 1st March will be eligible to appear in the November examination of the year and student who registers on or before 1st September will be eligible to appear in next May examination, i.e. on completion of specified period of 8 months study course as on first day of the month in which examination is held. Graduate/ Post Graduate route students shall be eligible to appear in the Intermediate (IPC) Examination on completion of 9 months of practical training. 

When is the Intermediate (IPC) Examination held?

IPCE is held twice a year i.e.in the month of May & November. A student has to follow the examination notification issued by the Examination Department of the ICAI.

How to apply for IPC Examination?

A student needs to apply in the prescribed format alongwith the examination fee. The Examination Department will announce the examination centres in India and abroad in the notification and issues admit card.

What is the eligibility criterion to appear in the Intermediate (IPC) Examination/ Accounting Technician Examination (ATE)?

The eligibility Criteria as listed by ICAI includes the following points:

 (i) Applicable for students who have registered for the Intermediate (IPC) Course either on passing CPT and Senior Secondary (10+2) Examination or after passing intermediate level examination of The Institute of Cost Accountants of India or The Institute of Company Secretaries of India Such candidates shall be eligible for admission to the Intermediate (Integrated Professional Competence) Examination if they – (a) are registered for the Intermediate (Integrated Professional Competence) Course; and (b) have undergone a study course for a period of eight months commencing from the date of registration to the Course.

 Note: Students registered exclusively for Accounting Technician Course (ATC) are required to complete 35 hours Orientation Course and 100 hours Information Technology Training (ITT) before appearing for the first time in Accounting Technician Examination.

(ii) Applicable for students who have registered for the Intermediate (IPC) Course on the basis of securing prescribed percentage of marks in Graduation/ Post Graduation: Such candidates shall be eligible for admission to the Intermediate (Integrated Professional Competence) Examination if they – (a) are registered for the Intermediate (Integrated Professional Competence) Course; and (b) have completed nine months of practical training (including study course for a period of eight months which shall commence from the date of registration to the Course).

What are the requirements for passing CA-IPC/CA-ATC Examinations?

(1) A candidate, other than a candidate who has opted for Accounting Technician level, shall ordinarily be declared to have passed the Intermediate (IPC) Examination, if he – (a) completes the Orientation Course for such period and in such manner and within such time as may be specified by the Council from time to time; and (b) passes in both Group I and Group II levels.

(2) A candidate, who has opted for the Accounting Technician level, shall be declared to have passed in that level, if he – (a) passes in Group I level; (b) completes the Orientation Course for such period and in such manner and within such time as may be specified by the Council from time to time; and (c) completes the practical work experience in accounting and related fields for a period not less than twelve months shall be eligible for grant of Accounting Technician Certificate on making an application to this effect and on compliance with such other conditions as may be specified by the Council from time to time.

(3) A candidate shall ordinarily be declared to have passed in both the groups simultaneously, if he – (a) secures at one sitting a minimum of 40 per cent marks in each paper of each of the groups, viz., Group I and Group II levels, and minimum of 50 per cent marks in the aggregate of all the papers of each of the groups; or (b) secures at one sitting a minimum of 40 per cent marks in each paper of both the group, viz., Group I and Group II levels, and a minimum of 50 per cent marks in the aggregate of all the papers of both the groups taken together.

(4) A candidate shall be declared to have passed in Group I level or Group II level or unit, as the case may be, if he secures at one sitting a minimum of 40 per cent marks in each paper of the group/ unit and a minimum of 50 per cent marks in the aggregate of all the papers of that group/ unit.

 (5) Exemptions:

Paper-Wise Exemption is provided to the candidates appearing in Intermediate (IPC) Examination/ Accounting Technician Examination for the un-expired chance(s) on the basis of having secured a minimum of 60 percent marks in a paper in the earlier examinations.

Intermediate (Integrated Professional Competence) Course - Others

What is Information Technology Meeting (ITT)?

Every student registered for CA-IPCC has to undergo 100 hours ITT either before appearing for the Intermediate (IPC) Examination but necessarily required to complete before joining for the articled training as per the present scheme of Education, Training and Examination.

When should we do ITT?

As every student is necessarily required to complete the training before joining for the articled training, we suggest our students to complete this course at the earliest so as to get the benefit of preparing for the Group II Paper – 7 Information Technology and Strategic Management paper.

What is the fee to be paid for undergoing the IT Training?

As per the current fee structure, the Institute charges a fee of Rs.4000/- for undergoing IT Training from its students.

What is Orientation Programme and is it compulsory to undergo the same?

In the Orientation Programme conducted by ICAI, students are taught minimum basic requirements regarding Personality Development, Communication Skills, Office Procedures, Business Environment, and General Commercial Knowledge etc. This is a compulsory course that each student is required to undergo for 35 hours and is scheduled for one week either before appearing for the examination but necessarily required to complete before joining for the articled training.

What is the fee for 35 hours of Orientation Programme?

As per the current fee structure, the Regional offices and Branches of the Institute organize orientation programme and charges a fee of Rs. 3000/- for undergoing the same.

What is the eligibility for admission to practical training under IPCC?

 (i) Students of CPT route and students who have passed Intermediate level examination of The Institute of Cost Accountants of India or The Institute of Company Secretaries of India shall be eligible for admission to three years articled training on –

 · Passing of 1st Group or Both Groups of Intermediate (Integrated Professional Competence) Examination; or Accounting Technician level Examination;

 · Completion of Information Technology Training; and

 · Completion of Orientation Course

Note: Please note that student who passes only Second Group cannot start his/her articled training.

(ii) Students who have registered under Direct Entry Scheme i.e. Commerce Graduates or Post Graduates or Non-Commerce Graduates or Post Graduates with specified percentage of marks shall be eligible for admission to three years articled training, on completion of –

 · Information Technology Training; and

· Orientation Course

What is the fee structure for registration to IPCC?

Registration Options/ Various charges

1

2

3

4

5

6

Both Groups of Intermediate (IPC) Course (Without articles)

Both Groups of Intermediate (IPC) Course (Without articles)

Both Groups of Intermediate (IPC) Course & ATC (Without articles)

Both Groups of Intermediate (IPC) Course & ATC (Without articles)

Group I of Intermediate & (IPC) Course

Group I of Intermediate & (IPC) Course

Group II of Intermediate (IPC) Course (Without articles)

Group II of Intermediate (IPC) Course (Without articles)

Group III of Intermediate (IPC) Course (With articles)

Group III of Intermediate (IPC) Course (With articles)

Accounting Technician Course

Accounting Technician Course

 

Rs.

US$

Rs.

US$

Rs.

US$

Rs.

US$

Rs.

US$

Rs.

US$

Registration fee for ATC

-

 

1,000

 

%

%

%%

%%

-

 

4,000@@

 

Registration fee@@

5,000

 

5,000

 

4,000

 

4,000

 

4,00

 

-

 

Registration fee for Orientation Programme

1,000

 

1,000

 

1,000

 

1,000@

 

-

 

1,000

 

Registration fee for 100 hours ITT

2,000

 

2,000

 

2,000

 

2,000@

 

-

 

2,000

 

Registration fee for one year work experience

-

 

**

**

**

**

**

**

-

 

2,000

 

Students' Activities Fee

1,000*

 

1,000*

 

1,000*

 

1,000*

 

1,000*

 

1,000*

 

Students' Association Fee

-

 

-

 

-

 

-

 

1,000

 

-

 

Registration fee as articled assistant

-

 

-

 

-

 

-

 

1,000

 

-

 

TOTAL FEES

9,000

550

10,000

600

8,000

500

8,000

500

7,000

400

10,000

600

 

*To be charged only once at the time of initial registration.

 **Students who opt for ATC along with both groups of Intermediate (IPC) Course / Group I of Intermediate (IPC) Course / Group II of Intermediate (IPC) Course have to pay RS. 2,000/- or US$60 towards Registration fee for one year work experience.

% Students who wish to register for ATC along with Group I of Intermediate (IPC) Course has to pay RS. 1,000/- towards ATC registration. No separate reading materials will be issued for ATC. Foreign students have to pay US$ 60 in addition to the prescribed fee given above.

%%Students who wish to register for ATC along with Group II of Intermediate (IPC) Course has to pay RS. 2,000/-(RS.1,000/- towards ATC registration fee and Rs. 1,000/- towards supply of reading material). Separate reading material will be issued for ATC. Foreign students have to pay US$ 60 in addition to the prescribed fee given above.

@ Students who wish to register ONLY for Group II of Intermediate (IPC) Course has to pay RS. 3,000/- (Rs. 1,000/- towards Registration fee for Orientation Programme and RS. 2,000/• towards Registration fee for 100 hours IT Training) and need not pay RS. 3,000/- while registering for the other group subsequently.

@@Registration fee includes registration charge (RS. 1,000/- towards Board of Studies) and charge for providing reading materials.

Intermediate (Integrated Professional Competence) Course and CAPrep18

Is CAPrep 18 providing for any coaching to assist the students for preparation?

Yes, we have tied up with the India’s premier CA coaching professionals to provide our students with the best learning facility.

What is the medium of classes and how can we attend the classes?

These classes would be delivered in both English and Hinglish (Mix of English and Hindi) and would be beamed through internet technology direct to your home. You just need to login to study on to your computers and study live with India’s best teacher at the ease of your home.

How will I enrol myself for CA-IPCC classes at CAPrep18?

You need to go to the Plans and Pricing page, and you can enrol yourself by purchasing a product from your course. 

What are the modes of payment acceptable for subscribing to JK Shah CAPrep18 CA Classes?

CAPrep18 accepts credit and debit cards and bank transfer.

What are the advantages of joining CAPrep18?

  • Dedicated Coaching at ease of your home
  • Inexpensive coaching
  • Availability of recorded lectures for further reference
  • Rigorous test series
  • Proven track record of producing 1000s of CAs and many more….

What if I miss a class? 

The classes that are beamed direct to your home are available in recorded versions too. So, if you miss a class anyhow, it is always accessible from your account in the past sessions. 

What support do we get from CAPrep18 except from Live Classes?

We offer complete satisfaction to our students that include dedicated helpline from registration till a student finally appears in his/her exams. Also, we offer free access to the students to Past Year Papers, Revision Test Papers, Latest Amendments and Notifications by ICAI, Sample Papers, Mock Test Papers.