Jairam J (CA, B.COM(Hons.)) (382 Points)
30 July 2011This is just a rumour I heard when I went to the ICAI branch for registering for IPCC. One of them members was telling that they may go back to the old procedure that is finishing an undergraduate degree as a prerequisite qualification for registering for IPCC. I am not sure whether this will be enforced seeing that students who passed out of 12th class will have to do their degrees in order to register for CA. Will CPT really be scrapped?
RAJA
(article)
(67 Points)
Replied 30 July 2011
If you are a graduate then you may skip CPT. If you want to register IPCC after +2 then you must go through CPT.
* Krishna *
(CA Student)
(6149 Points)
Replied 30 July 2011
CPT is not going to be scrapped. It is only exempted for graduation completed students who can then enter articleship along with IPCC. But this matter is pending for government approval. CPT scrapping in total is purely a rumour. That never happens.
Parmod Rawat
(B.COM,MBA,CWA Inter)
(401 Points)
Replied 30 July 2011
| Originally posted by : Krishna | ||
 |
CPT is not going to be scrapped. It is only exempted for graduation completed students who can then enter articleship along with IPCC. But this matter is pending for government approval. CPT scrapping in total is purely a rumour. That never happens. |
 |
Agreed with Krishna....
Parmod Rawat
(B.COM,MBA,CWA Inter)
(401 Points)
Replied 30 July 2011
Sana you can't register in IPCC because the approval is still pending from Central Government end...
* Krishna *
(CA Student)
(6149 Points)
Replied 30 July 2011
@ Sana
Final year graduation students are allowed for provisional registration for IPCC course. But they can appear in IPCC exams only after appearing in final year graduation exams and also you need to complete 9-months prescribed study period time for IPCC, so that you are eligible to write IPCC exams. However, this matter is still pending with Government approval. You may need to wait.
Mithun
(student)
(139 Points)
Replied 30 July 2011
* Krishna *
(CA Student)
(6149 Points)
Replied 30 July 2011
@ Mithun
There is no such provision that newly IPCC registered students can directly do articles. As per prevailing rules, one MUST complete 1st grp/both groups of IPCC in order to enter articleship.
Mukesh Kumar Singh
(CA-FINAL)
(4094 Points)
Replied 30 July 2011
If you are a graduate then you may skip CPT. If you want to register IPCC after +2 then you must go through CPT.
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 30 July 2011
this system is not yet approved by central government
Jairam J
(CA, B.COM(Hons.))
(382 Points)
Replied 30 July 2011
The exemption for grads is just one part of it. What I heard from that ICAI branch employee is that the gateway for CA might end up being closed for the 12th passed students. Meaning first graduate from B.com or other related degree-> IPCC-> final->CA
No more CPT.
Archana
(Future CA)
(61 Points)
Replied 30 July 2011
wen can we except the amendment............and also wen can we write my inter xam.......
Lokesh
(CS professional)
(493 Points)
Replied 31 July 2011
No CPT is't scrapped. There r 2 situations:
1) If u r 12th pass then u can direct enter into CPT in order to pursue CA course and
2) If u r a Graduate then u can escape CPT subject to the fullfillment of two conditions:
i) If u r a commerce graduate then u need to have atleast 55% marks in ur graduation OR
ii) If u r a Science or ART graduate then u need to have atleast 60% marks at ur graduation level.
All others are necessarily required to go through CPT.
Mohan Verma
(Assistant Manager - Finance & Accounts)
(4328 Points)
Replied 31 July 2011
but my friends why cpt scraped
as per ICAI Notification pending for approval
IPCC entry qualification are
1. Graduation with commerce with 55%
or
2. Graduation with non commerce with 60%
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