CA IPCC 2015 November

IPCC stands for Integrated Professional Competency Course, the course can be done by the students under two conditions if he has passed CPT or he is Graduate with minimum marks for passing. IPCC is a foundation course which is divided in two part viz. Group I and Group II, where students would be taught about all the concepts and conventions related to taxes, different law, accounting standards and their applicability. In total there are 7 papers in both the group, an applicant need to clear at least Group I for starring with articleship. The exam is conducted twice in a year for the students and also gives a chance to appear separately. i. e. depending on applicants capability he/she can give both group together or one at a time.

CA IPCC 2015 Exam Summary
Exam nameIntegrated Professional Competency Course
Commonly known asIPCC
Conducted byICAI
Exam TypeUnder-Graduate /Post Graduate
Exam CategoryNational Level

CA IPCC 2015 Eligibility Criteria

  • An applicant should have passed CPT (Common Proficiency Test) if Undergraduate applicant.
  • Applicant should have completed Graduate with minimum 40% marks

Note: Graduate candidate need to pass with minimum marks necessary for passing not compulsory 40%.

CA IPCC 2015 Application form

IPCC exams are held twice in a year where students can appear only for one group or both at the time. Students who have passed their CPT or are graduates can apply for the course. But it is advisable that once you should refer the eligibility criteria.

  1. Student need to visit the nearby regional branch of ICAI and have to collect the prospectus which is available to them on payment of 100 INR.
  2. Student need to fill the form completely and then submit it to the same office i. e. regional branch.
  3. Along with confirmation of the registration student would need to collect one letter which would act as a legal proof necessary for admission in 100 hours ITT training. It is very important to take this letter at the time of ITT admission.

CA IPCC 2015 Exam Syllabus

IPCC consist of 2 groups where an applicant have in total 6 subjects and 7 papers, out of which 7 papers are bifurcated in 2 groups Group I consisting of 4 papers and Group II consisting of 3 papers.

Group I Subjects and Weightage distribution
PaperSubjectsSub TopicsMarks
Paper 1Accounting100
Paper 2Business Laws, Ethics and CommunicationPart I· Law (60 Marks)

· Business Laws (30 Marks)

· Company Law (30 Marks)

Part II

Business Ethics (20 Marks)

Part III

Business Communication (20 Marks)

100
Paper 3Cost Accounting and Financial ManagementPart ICost Accounting (50 Marks)

Part II

Financial Management (50 Marks)

100
Paper 4TaxationPart IIncome-tax (50 Marks)

Part II

Taxation

· Service Tax (25 Marks)

· VAT (25 marks)

 

100
Group II Subjects and Weightage distribution
PaperSubjectsSub TopicsMarks
Paper 5Advanced Accounting100
Paper 6Auditing and Assurance 100
Paper 7Information Technology and Strategic ManagementSection AInformation TechnologySection BStrategic Management

 

100

IPCC 2015 Passing Standard

Students appearing for IPCC should know the minimum standard of passing. As per ICAI a students should pass with minimum 40% marks in subject along with 50% aggregate in a Group.

Note: Student should either pass Group I or both at a time to start with articleship training.

CA IPCC 2015 Exam dates

Group I
Paper NoSubjectDateTimings(IST)
1Accounting06.11.20152.00 P.M. to 5.00 P.M.
2Business Laws, Ethics and
Communication
08.11.20152.00 P.M. to 5.00 P.M.
3Cost Accounting and Financial
Management
10.11.20152.00 P.M. to 5.00 P.M.
4Taxation12.11.20152.00 P.M. to 5.00 P.M.
Group II
Paper NoSubjectDateTimings(IST)
5Advanced Accounting15.11.20152.00 P.M. to 5.00 P.M.
6Auditing and Assurance18.11.20152.00 P.M. to 5.00 P.M.
7Information Technology and
Strategic Management
20.11.20152.00 P.M. to 5.00 P.M.

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