In the application form for direct entry it was given as Both groups or both groups with ATC. What is the difference between both. I hope ATC refers to Accounting Technician certificate.

If you chooses Both groups with ATC and pay requisite fees, then you need to pass IPCC group 1 and after completing one year of practical training under a CA, you are eligible to get ATC certificate from the ICAI on application. If you dont want ATC, then choose only Both groups.

Hi...If I am going to get registered under this scheme,will I be required to appear for both the groups in the intermediate in one stretch or will I be given an option to write the groups separately?

@ Saranya:

You can give both groups separately. Its not mandatory to give both at a time even in new scheme. But while registering you may choose both groups with articles, if you wish to do so.

I HAVE APPLIED FOR NOVEMBER 2012 IPCC EXAMINATION THROUGH ONLINE TODAY..
BUT DID NOT SUBMIT THE FORMS YET TO THE INSTITUTE..
I THOUGHT I CAN WRITE NOV EXAMS THOUGH I CONVERT MYSELF TO THE NEW RULE,
BUT NOW I REALIZED THAT I CAN NOT WRITE EXAMS IN NOV 2012,
IF I AM GOING TO CONVERT MYSELF TO THE NEW RULE OF DIRECT ENTRY TO ARTICLESHIP..

I WANT TO REGISTER TO THE NEW RULE AND WRITE EXAMS IN MAY 2013..
KINDLY HELP ME IN THIS REGARD..
THANK YOU

In my view, just skipping the upcoming exams and registering under the direct entry before Sept end and joining articleship ASAP will make you eligible to write May 2013 exams after filling the conversion form. Assumed you are a graduate and completed ITT and Orientation.

i am ipcc student apeared in may 12 exam and got exemption in cost and taxation papers. if i take conversion to IPC, that exemptions will continue or not.

i am ipcc student and got my exam due in november 2012...i have filled up the application form and submitted the same....but if i opt for conversion scheme(i am a graduate and have completed my ITT and orientation) then will my due date for finals come nw...or after clearing group 1

my query is when will my due date for final come if i opt for conversion scheme..

as per old scheme i knw it will become due after clearing group 1

bt what abt new scheme???plz  reply

Final exam eligibility will be the same as per earlier provisions. No change because of new scheme.

then the whole point for conversion is just to start articleship???

bcoz as such in new and old provison ur due date for final will be after clearing group 1 and after that 3yrs of training...

so if i opt for new scheme and start article ship...and clear group 1 an the end of 3 yr..then when will my final become due????

Mainly its benefit is to start articleship if one completes graduation, ITT, Orientation courses. Final eligibility comes after completing 3yrs articles training or during the last 6months of articles training subject to completion of IPCC both groups by that period and registered for Final. So in your case eligibility comes after completion of 2.5yrs from May 2013, assuming you joins the articleship before septmber end.

so that is what my whole point is...once i start with articleship and in the due course  i pass both group then i will be eligible for finals after 3 yrs of articleship...rght....

I completed my graduation in BA(H)-Business Economics from Delhi University and MBA from JIIT University. According to the latest guidelines from ICAI regarding Direct Entry Students ... which say all these of the following are exempt from CPT and eligible for Direct Entry into IPCC .. 

"'Graduates or Post Graduates in Commerce having secured in aggregate a minimum of 55% of the total marks or its equivalent grade in the examination conducted by any recognised University (including Open University) by studying any three papers of 100 marks each out of Accounting, Auditing, Mercantile Laws, Corporate Laws, Economics, Management (including Financial Management), Taxation (including Direct Tax Laws and Indirect Tax Laws), Costing, Business Administration or Management Accounting;

@ Dharmin: Final eligibility comes after 2.5 years of completion from your articleship joining date.

@ Karan: In my view BA (hons) comes under non-commerce stream.