GRP 1 CLEARED , PE 2 TO IPCC: NO EXEMPTION TO ACCOUNTS

charudatta (auditor) (191 Points)

10 June 2010  

ONE OF MY FRIEND HAS CLEARED FIRST GRP OF PE 2 BUT NOT ABLE TO APPEAR LAST ATTEMPT ON MAY,2010. 2ND GROUP IS REMAINING.   HE CALLED TO ICAI,MUMBAI. THEY TOLD HIM TO CONVERT IPCC AND WILL GET EXEMPTION ON 3 SUBJECTS OF IPCC (OUT OF 7) . I.E. ACCOUNTS (1ST GRP OF IPCC) ,AUDIT AND LAW.  BUT HE HAS TO APPEAR 2ND GRP - ACCOUNTS . IS IT TRUE ????

PLEASE CLARIFY ON IT AND GIVE SOME INFORMATION. HE IS VERY CONFUSED AND SAYING TO LEAVE CA COURSE AS HE HAS TO REAPPEAR ACCOUNTING.