I registered in IPCC direct entry scheme as on 31st March 14 and got the study material for two group on the same dated. But not fully aware about the classes/procedure /terms/conditions/ or any further task which i need to take care. I have only little bit heard that there is some article training and two more course like orientation and ITT which i hv to undergo. but how?
Pls guide me, so that i can at least start my study
11 April 2014
From which place u belongs to? Yes u have to do OT & ITT classes within 9 months of ur Articles. U have to visit the institute website where u have to register online for both of the above courses. And u can ask ur senior or ur friends for the classes at ur place. If u r from Kolkata then I can say u about Classes.
I am from Gurgaon and this will be helpful if u provide me detailed description about the OT & ITT and when i need to do this class to fullfill the ICAI requirement.
01 August 2024
If you’re pursuing the CA IPCC under the Direct Entry Scheme and are starting your preparation, it’s important to understand the requirements and steps involved in the process. Here’s a detailed guide to help you get started:
### **1. **Overview of IPCC Direct Entry Scheme:**
1. **Registration:** - You’ve registered under the IPCC Direct Entry Scheme as of March 31, 2014. - You received study material for both groups.
2. **Study Material:** - Ensure you review and familiarize yourself with the study material provided. It includes textbooks, practice manuals, and other resources.
### **2. **Required Trainings and Courses:**
As a CA IPCC student, you need to complete certain requirements before appearing for exams and to fulfill ICAI’s criteria:
#### **Orientation Program (OT):**
- **Purpose:** To familiarize students with the professional environment, ethics, and responsibilities of a CA. - **Duration:** Typically 4 days. - **Content:** Includes workshops on communication skills, professional ethics, and an overview of the CA profession. - **When to Complete:** Ideally, it should be completed before starting your articleship. If you have already started articleship, complete it as soon as possible.
#### **Information Technology Training (ITT):**
- **Purpose:** To ensure students are proficient in using IT tools essential for the profession. - **Duration:** Typically 100 hours. - **Content:** Covers basic IT skills, accounting software, spreadsheets, and other relevant IT tools. - **When to Complete:** It’s recommended to complete ITT before starting your articleship, but it can be done concurrently.
#### **Articleship Training:**
- **Purpose:** Provides practical experience in accounting, auditing, taxation, and other areas of CA practice. - **Duration:** 3 years. - **Requirements:** You must be under the supervision of a Chartered Accountant who is a member of ICAI. The training should be done with a CA firm or in an organization where the CA is practicing.
### **3. **Steps to Start Your Preparation:**
1. **Understand the Syllabus:** - Review the syllabus for both groups of IPCC to understand the subjects and topics covered.
2. **Choose a Coaching Center:** - Consider enrolling in a coaching center for IPCC classes if you need additional guidance. Look for reputable centers in Gurgaon.
3. **Create a Study Plan:** - Develop a study timetable that covers all subjects and allows time for revision.
4. **Complete Orientation and ITT:** - Register for the Orientation Program and ITT through the ICAI’s online portal or local ICAI chapters.
5. **Start Articleship:** - If you haven’t started articleship, find a CA firm or an organization where you can begin your practical training.
6. **Prepare for Exams:** - Begin preparing for the exams using the study material, reference books, and practice papers.
### **4. **Important Contacts and Resources:**
- **ICAI Website:** Visit the [ICAI official website](https://www.icai.org/) for updates, registration details, and resources. - **Local ICAI Chapter:** Contact the ICAI Gurgaon Chapter for information about Orientation Programs, ITT, and articleship opportunities.
### **5. **Additional Tips:**
- **Stay Updated:** Keep track of any updates or changes in the exam pattern or requirements on the ICAI website. - **Networking:** Connect with other CA students or professionals to get insights and tips. - **Regular Study:** Maintain a consistent study schedule to cover all topics and revise regularly.
By following these steps and ensuring you complete the required training and articleship, you’ll be well-prepared for your CA IPCC exams and future career.