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Procedure to apply for IPCC after completion of B.Com course without giving CPT Exam?


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RE: Procedure to apply for IPCC after completion of B.Com course without giving CPT Exam?

Prathamesh Kapote
Prathamesh Kapote
Verified Career Expert
Founder And Director At Canvas Career
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Hello

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Table Contents

1.  Apply for IPCC after Completion of B.Com Course

2.  About CPT Exam

3.  About B.Com course

4.  About IPCC course,

5.  Chartered Accountancy (CA)

how to apply for ipcc after b com A warm welcome to career guide.com Thanks for visiting us and writing us your career query. Chartered Accountant career is the highly respected and prestigious career option in the society. CA are looked as the blue collar professionals in the society. CA has made its own remark in the field of Careers. Students of the commerce faculty always have a CA and Banking as the first career choice option and so there is a great scope and demand for these career options within the country. They also have a good career opportunities in the foreign countries. CA are the professionals who handles the Accounting and Auditing of the companies and of the individuals. Student who have an interest in the Acocunting and Auditing and Taxation can make a good career in the field of CA. Every year around 50,000 Certified CA are required in the country.

To make a career in CA a student was earlier supposed to apply after 12th std to the ICAI institute and after registering with the ICAI was supposed to give an CPT exam now the CPT name is changed to CA Foundation Course. Whereas a student who has completed a Graduation degree was also supposed to give a CPT Exam. But from August 2012 ICAI has made changes in the entry level scheme for the Graduate Students. A graduate student can apply for the CA course under Direct Entry Scheme and get an admission for the IPCC group after registering with the ICAI. However to be eligible for the Direct Entry Scheme a student should have completed graduation degree from the recognized university and should have scored at how to apply for ipcc after b com least 55% in the graduation and should have studied any of the 3 subjects with 100 marks – Accounting, Auditing, Taxation, Costing, Business Accounting or Business Administration how to apply for ipcc after b com.

Apply for IPCC after Completion of B.Com Course

how to apply for ipcc after b com In order to become a Chartered Accountant in India, a candidate needs to pass the IPCC (Intermediate) and Final exams conducted by the Institute of Chartered Accountants of India (ICAI). To be eligible to register for the IPCC course, the candidate must have completed their graduation in any discipline (including B.Com) from a recognized university. However, if the candidate has not cleared the Common Proficiency Test (CPT) conducted by the ICAI, then they will have to register for the IPCC through the direct entry route. Here are the steps to apply for IPCC through direct entry:

Register for the IPCC course: The candidate needs to register for the IPCC course by filling up the registration form available on the ICAI website. The registration form can be filled online or offline by submitting the form to the regional ICAI office along with the required documents.

Fulfill the eligibility criteria: The candidate must have completed their graduation in any discipline with at least 55% aggregate marks or have passed the intermediate level exam conducted by the Institute of Company Secretaries of India (ICSI) or the Institute of Cost Accountants of India (ICAI).

Complete the prescribed training: The candidate needs to complete the prescribed training requirements before appearing for the IPCC exam. The training includes 9 months of articleship or practical training, 8 months of study course, and 100 hours of ITT (Information Technology Training).

Submit the IPCC exam application: Once the candidate has completed the training requirements, they can apply for the IPCC exam by filling up the online application form available on the ICAI website. The application form should be submitted along with the examination fee.

Prepare for the IPCC exam: The candidate should prepare for the IPCC exam by studying the relevant study material provided by the ICAI and attending coaching classes, if required.

Appear for the IPCC exam: The candidate needs to appear for the IPCC exam as per the schedule announced by the ICAI. The exam is conducted twice a year in the months of May and November.

Clear the IPCC exam: The candidate needs to clear both the groups of the IPCC exam to be eligible to appear for the final exam.

how to apply for ipcc after b com After clearing both the groups of IPCC exam, the candidate will have to complete the remaining training requirements and appear for the final exam to become a Chartered Accountant how to apply for ipcc after b com.

About CPT Exam

The Common Proficiency Test (CPT) is the entry-level exam conducted by the Institute of Chartered Accountants of India (ICAI) for students who want to pursue the Chartered Accountancy (CA) course. It is a 200-mark multiple-choice question paper divided into four sections:

1. Fundamentals of Accounting (60 marks)
2. Mercantile Laws (40 marks)
3. General Economics (50 marks)
4. Quantitative Aptitude (50 marks)

The exam is conducted twice a year in June and December, and students can register for the exam after completing 10+2 or equivalent from a recognized board. The registration for the exam can be done online on the ICAI website by filling up the registration form and paying the requisite fee. how to apply for ipcc after b com Clearing the CPT exam is a prerequisite for students who want to pursue the CA course. Once a student clears the CPT exam, they can enroll for the IPCC course (Intermediate) and start their journey towards becoming a Chartered Accountant. However, if a student has completed their graduation or post-graduation with certain prescribed marks, they can register for the IPCC course directly without clearing the CPT exam how to apply for ipcc after b com.

About B.Com course

Bachelor of Commerce (B.Com) is an undergraduate degree commerce with ip program in commerce and related subjects. The course duration is generally three years, and it is offered by various universities and colleges across the world. B.Com program provides students with an in-depth understanding of accounting, finance, economics, business laws, and management principles. The curriculum includes theoretical concepts as well as practical aspects of commerce, such as financial accounting, auditing, taxation, cost accounting, business statistics, marketing, human resources, and organizational behavior.

how to apply for ipcc after b com After completing B.Com, students can pursue various career options such as accountant, auditor, tax consultant, financial analyst, investment banker, stockbroker, business consultant, entrepreneur, and many more. B.Com graduates can also opt for further studies such as Master of Commerce (M.Com), Master of Business Administration (MBA), Chartered Accountancy (CA), Company Secretary (CS), and other professional courses. A B.Com degree equips students with the necessary skills and knowledge to excel in the field of commerce and related industries commerce with ip .

About IPCC course,

IPCC or Intermediate Course is the second level of the Chartered Accountancy (CA) course conducted by the Institute of Chartered Accountants of India (ICAI). The IPCC course is divided into two groups, each containing four papers, and the course is designed to provide a comprehensive understanding of the core concepts related to accounting, taxation, auditing, and finance. The IPCC course curriculum covers a wide range of topics related to accounting, auditing, taxation, corporate and allied laws, and advanced accounting. The course also includes practical training requirements such as articleship, ITT (Information Technology Training), and orientation programs to help students develop practical skills in their field of study.

To be eligible to register for the IPCC course, a candidate must have completed their graduation in any discipline from a recognized university or passed the Foundation level of the Chartered Accountancy course. Candidates who have completed the Intermediate level of the Institute of Company Secretaries of India (ICSI) or the Institute of Cost Accountants of India (ICAI) are also eligible to register for the IPCC course. how to apply for ipcc after b com After completing the IPCC course, a candidate needs to complete the remaining training requirements, including articleship and orientation programs, before appearing for the final exam. Once a candidate clears both groups of the final exam, they are awarded the Chartered Accountant (CA) designation and become eligible to practice as a professional Chartered Accountant.

Chartered Accountancy (CA)

A Chartered Accountant (CA) is a professional who is trained and qualified to provide financial advice, audit and assurance services, and tax-related services to clients.

In India, the CA designation is granted by theInstitute of Chartered Accountants of India (ICAI), which is a statutory body established under the Chartered Accountants Act, 1949.

To become a CA, one must complete a rigorous course of study and training that includes three levels of exams, as well as practical training in various areas of accounting, auditing, and taxation

. The three levels of exams are the CA Foundation Course, the CA Intermediate Course, and the CA Final Course.

how to apply for ipcc after b com CA's work in a variety of settings, including public accounting firms, corporations, government agencies, and non-profit organizations. They may provide services such as financial reporting, tax planning and preparation, auditing, and consulting.

Becoming a CA requires a strong academic background in accounting and related subjects, as well as a high level of dedication and commitment. However, it can lead to a rewarding and challenging career with many opportunities for advancement and professional growth.

RE: Procedure to apply for IPCC after completion of B.Com course without giving CPT Exam?

Avinash Gharge
Avinash Gharge

I CLEAR MY TY IN 2016 AND I GET OVAR ALL D GRADE BUT MY 5TH AND 6TH SEMESTER PARENTAGE ARE MORE THEN 55 CAN I ELIGIBLE FOR GIVE DIRECT IPCC PLZ REPLAY ???????

 

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