Exemption criteria in case of Conversion from PE-II to IPCC
Kalpesh Chauhan, (Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com)) (8311 Points)
04 August 2010
4 Replies
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 04 August 2010
I have attached the file inwhich Conversion criteria is explained in detail.
Attached File : 10 importantpe ii.pdf downloaded: 462 times
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 14 August 2010
Koi reply to karo
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 18 August 2010
In other words, a Professional Education (Course-II) student/ Professional Competence Course student who has been granted an exemption under Regulation 37A (7) / Regulation 37B (6) in one or more paper(s) shall continue to enjoy the said exemption(s) in the corresponding paper(s) under Integrated Professional Competence Examination / Accounting Technician Examination for the unexpired chances, if any, as shown below:
Paper-Wise Exemption to the candidates appearing in Integrated Professional Competence Examination / Accounting Technician Examination for the un-expired chance(s) on the basis of having secured a minimum of 60 percent marks in a paper in the earlier examinations
PREVIOUS COURSES EXEMPTIONS CONVERSION TABLE
Papers of the Professional Education (Examination-II) passed under Regulation 28B(5) of the Chartered Accountants Regulations, 1988 |
Papers of the Professional Competence Examination (PCE) passed under Regulation 28C(3) of the Chartered Accountants Regulations, 1988 |
Paper-wise exemption in Integrated Professional Competence Examination (IPCE)/ Accounting Technician Examination (ATE) under Regulation 28D of the Chartered Accountants Regulations, 1988 |
GROUP IPaper 1 : Accounting |
GROUP IPaper 1 : Advanced Accounting |
GROUP I : Paper1 : Accounting
|
GROUP IPaper 2 : Auditing |
GROUP IPaper 2: Auditing and Assurance |
GROUP II : Paper 6 : Auditing and Assurance |
GROUP IPaper 3 : Business & Corporate Laws |
GROUP IPaper 3: Law, Ethics and Communication |
GROUP I : Paper 2 : Business Laws, Ethics and Communication |
|
|
|
|
GROUP IIPaper 4: Cost Accounting and Financial Management |
GROUP IIPaper 4: Cost Accounting and Financial Management |
GROUP I : Paper 3 : Cost Accounting and Financial Management |
GROUP IIPaper 5: Income Tax and Central Sales Tax |
GROUP IIPaper 5: Taxation |
GROUP I : Paper 4 : Taxation |
GROUP IIPaper 6: Information Technology |
GROUP IIPaper 6: Information Technology and Strategic Management |
GROUP II : Paper 7 : Information Technology and Strategic Management |
(8)Notwithstanding anything contained in sub-regulations (1) to (7) above, a candidate who has appeared in all the papers comprised in a group / unit and fails in one or more papers comprised in a group / unit but secures a minimum of 60 per cent of the marks in any paper or papers of that group shall be eligible to appear at any one or more of the immediately next three following examinations in the paper or papers in which he secured less than 60 per cent marks. He shall be declared to have passed in that group / unit if he secures at one sitting a minimum of 40 per cent marks in each of such papers and a minimum of 50 per cent of the total marks of all papers of that group / unit including the paper or papers in which he had secured a minimum of 60 per cent marks in the earlier examination referred to above. He shall not be eligible for any further exemption in the remaining paper(s) of that group / unit until he has exhausted the exemption already granted to him in that group / unit."
The implications of above paragraphs are clarified below for general information of candidates:
(a) That in order to derive benefit of this proviso, a candidate who has failed in a group/unit, should have secured a minimum of 60 marks in any paper/s of the group.
(b) That the above exemption is automatic and will be found indicated in the statement of marks issued to the candidate.
(c) That the marks of 60 or more secured in one or more papers mentioned in sub para (a) above are carried forward automatically for the immediately next three following examinations.
(d) That the candidates will be declared to have passed in the said group/unit in any one of the next three following examinations if he secures in a single sitting a minimum of 40 percent marks in each of the other papers and an aggregate of 50 percent marks. For the purpose of arriving at the aggregate as already stated in sub-paragraph (c) above, 60 marks or more secured earlier will also be taken into consideration.
(e) That the exemption will be granted only when a candidate is present in all the papers of the group/unit. The candidate is not eligible for any further exemption in that group/unit under this proviso in the next three following examinations ( i.e. till the validity of the exemption already granted).
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 18 August 2010
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