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Whether a student who registers during August/ September 2012 will be eligible to appear in the May, 2013 Intermediate (IPC) Examination?

QuestionsCategory: StudentsWhether a student who registers during August/ September 2012 will be eligible to appear in the May, 2013 Intermediate (IPC) Examination?
Profile photo of ShreyaGaurShreyaGaur Staff asked 2 months ago

Whether a student who registers during August/ September 2012 will be eligible to
appear in the May, 2013 Intermediate (IPC) Examination?

1 Answers
Profile photo of SaraRaoSaraRao Staff answered 2 months ago

As per the requirement of the Regulations, a student registered under Graduate/
Post Graduate scheme can appear in the Intermediate (IPC) Examination on completion of
nine months of practical training (including study course for a period of eight months
commening from the date of registration to the Course) and student registered for the
Intermediate (IPC) Course after passing Intermediate level examination of the Institute of
Cost Accountants of India/ the Institute of Company Secretaries of India can appear in the
examination after undergoing a study course for a period of eight months commencing
from the date of registration to the Course.
However, the Council, in order to mitigate the hardships that might be faced by
the students registering under Direct Entry Scheme to Chartered Accountancy Course
upto 30th September, 2012, has relaxed the eligibility criteria as a one-time
dispensation, as under, so as to be eligible to appear in the Intermediate (Integrated
Professional Competence) Examination to be held in May, 2013.
 Students registered for the articled training till 30th September, 2012 are required
to complete Orientation Course and Information Technology Training (ITT) latest by
31st March, 2013 instead of before registration for practical training.
 Such students shall be eligible to appear in the Intermediate (IPC) Examination to
be held in May, 2013 by completing 7 months of articled training and study course
concurrently, instead of 9 months of articled training and 8 months of study course
respectively.
 Students registered for Intermediate (IPC) Course by passing Intermediate level
examination of The Institute of Cost Accountants of India/ The Institute of
Company Secretaries of India shall have to undergo 7 months of study course
instead of 8 months as prescribed under Regulations, so as to become eligible to
appear in the May, 2013 Examination”.
Accordingly, students who register under Direct Entry Scheme to Chartered
Accountancy Course upto 30th September, 2012 shall be eligible to appear in the
Intermediate (IPC) Examination to be held in May, 2013 as per the above decision of the
Council, as a one-time dispensation.