Conversion from pcc to ipcc

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mokshita shah (Querist)
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12 August 2011 hi friend pls tel how much time it take for conversion from PCC to IPCC and what if i have passed my 1st group do i need to give exam for both groups again

CMA. Murali

CMA. Murali (Expert)
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12 August 2011 As od now you can still continue to be in PCC. Try to complete the Group II. Conversion to IPCC let it be a last option. If you convert you will get paperwise exempt. Since you have passed 1st group-
Following paper are exempt.
IPCC Group - 1
Accounts - Exempt
Law, Ehics and Communication - Exempt
IPCC Group - 2
Advanced Accounting - Exempt
Auditing - Exempt.

Finally you are suppose to appear for
Costing and FM
Income Tax
Info Tech and Strategic Mgt