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 name||Integrated Professional Competency Course|
|Commonly known as||IPCC|
|Exam Type||Under-Graduate /Post Graduate|
|Exam Category||National 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.
- 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.
- Student need to fill the form completely and then submit it to the same office i. e. regional branch.
- 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|
|Paper 2||Business Laws, Ethics and Communication||Part I· Law (60 Marks)|
· Business Laws (30 Marks)
· Company Law (30 Marks)
Business Ethics (20 Marks)
Business Communication (20 Marks)
|Paper 3||Cost Accounting and Financial Management||Part ICost Accounting (50 Marks)|
Financial Management (50 Marks)
|Paper 4||Taxation||Part IIncome-tax (50 Marks)|
· Service Tax (25 Marks)
· VAT (25 marks)
|Group II Subjects and Weightage distribution|
|Paper 5||Advanced Accounting||100|
|Paper 6||Auditing and Assurance||100|
|Paper 7||Information Technology and Strategic Management||Section AInformation TechnologySection BStrategic Management|
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
|1||Accounting||06.11.2015||2.00 P.M. to 5.00 P.M.|
|2||Business Laws, Ethics and|
|08.11.2015||2.00 P.M. to 5.00 P.M.|
|3||Cost Accounting and Financial|
|10.11.2015||2.00 P.M. to 5.00 P.M.|
|4||Taxation||12.11.2015||2.00 P.M. to 5.00 P.M.|
|5||Advanced Accounting||15.11.2015||2.00 P.M. to 5.00 P.M.|
|6||Auditing and Assurance||18.11.2015||2.00 P.M. to 5.00 P.M.|
|7||Information Technology and|
|20.11.2015||2.00 P.M. to 5.00 P.M.|