Important Announcement for students of erstwhile CA Intermediate/
Professional Education – II Course
BoS/Announcement/227/10
July 29, 2010
Sub: Discontinuance of Professional Education (Examination – II)
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Students registered for the Professional Education – II Course (PE-II) are hereby informed that the
said course has been discontinued by the Institute of Chartered Accountants of India with the
culmination of the May, 2010 examination.
Those students of erstwhile CA Intermediate/ PE-II course, who have not yet passed /are not able
to clear the PE-II examination held in May, 2010 are advised to register themselves for the
Integrated Professional Competence Course (IPCC) by following the prescribed procedure as given
below for switchover from CA Intermediate/ PE-II course to IPCC. Detailed procedure to be
completed in this regard can also be obtained from the respective Decentralized Offices where the
CA Intermediate/ PE-II Course students are registered.
Students who have appeared in the Professional Education (Examination-II) held in May, 2010 are
advised to wait for the declaration of the result before switching over to IPCC. Students, who pass
PE-II examination held in May, 2010 are eligible for registration of three years of articled training
immediately provided they have successfully completed the course on Compulsory Computer
Training (CCT) or Information Technology Training (ITT). Such students shall be eligible to appear
in the Final Examination during the last 12 months of their articled training.
Students who have not appeared in Professional Education (Examination-II) held in May, 2010 may
switch over to IPCC at any time.
This announcement will be effective from July 29, 2010 and onwards.
Director, Board of Studies
Detailed procedure and switchover fee structure for converting from erstwhile CA
Intermediate/ Professional Education (Course – II) to Integrated Professional
Competence Course (IPCC).
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All students who have been registered for the Intermediate/ Professional Education (Course-II)
under Regulation 28A of the Chartered Accountants Regulations, 1988 are hereby informed that
last Professional Education (Examination – II) has been discontinued with the culmination of the
May, 2010 examination. Students who wish to pursue the chartered accountancy course are
required to switchover to Integrated Professional Competence Course (IPCC) by submitting the
following to the respective Regional Offices from where previous registration was done, for
conversion to IPCC:
1. Fill and submit the prescribed form for shifting from Intermediate/ Professional Education
(Course – II) to Integrated Professional Competence Course (IPCC). Form for switchover
supplied alongwith IPCC Prospectus or can be downloaded from the following link:
https://www.icai.org/resource_file/14650IPCC_Converson_Form.pdf or from www.icai.org
>Students > Course Registration Form > Professional Education [PE-II] – IPCC Conversion
Form.
2. Pay the prescribed fee as shown below alongwith the filled in form. The Demand Draft is to
be drawn in favour of “The Secretary, The Institute of Chartered Accountants of India,
payable at Mumbai, Chennai, Kolkata, Kanpur or Delhi”, as the case may be.
A. PE-II Students who have completed 250 hours Compulsory Computer
Training (CCT) or 100 hours Information Technology Training (ITT)
Sl.
No. Details of fees Amount (Rs.)
1. Cost of Study Material of IPCC – Both Groups
(As against sale price as on date of Rs. 3,250/-) 1,500
2. Registration fee for Orientation Programme 1,000
Note: Students who wish to join for Accounting Technician Course (ATC) have to pay additional
fee of Rs. 1,000/- for ATC registration.
B. PE-II Students who have NOT completed 250 hours Compulsory Computer Training
(CCT) or 100 hours Information Technology Training (ITT)
Sl.
No. Details of fees Amount (Rs.)
1. Cost of Study Material of IPCC – Both Groups
(As against sale price as on date of Rs. 3,250/-) 1,500
2. Registration fee for Orientation Programme 1,000
3. Registration fee for 100 hours Information Technology
Training (ITT)
2,000
Note: Students who wish to join for Accounting Technician Course (ATC) have to pay additional
fee of Rs. 1,000/- for ATC registration.
In addition, the course fee for 100 hours Information Technology Training (ITT) is Rs.4,000/-
and for Orientation Programme is Rs.3,000/- payable separately at the time of registration for
the respectively at the time of registration for the respective courses.
3. Enclose a copy of the Intermediate/ Professional Education (Course-II) registration letter
received from the concerned Regional Office, for ready reference.
4. Enclose a copy of having undergone Compulsory Computer Training (CCT)/ Information
Technology Training (ITT) certificate, if completed, for ready reference.
5. Enclose a copy of commencement of Articled/ Audit Training certificate/ completion of
Articled/ Audit Training certificate received from the Institute, if applicable.
6. Students who have passed one of the groups under CA Intermediate (under para 2A of
Schedule ‘B’)/ Professional Education (Examination – II) will get paper wise exemption
(NOT group wise exemption) in the Integrated Professional Education Examination (IPCE).
Those students who have passed one of the groups earlier, as above, will have to register
for both groups of IPCC and have to appear and pass under ‘Unit Scheme’ of IPCE. Details of
‘Units’ are given hereunder.
Students who have got exemption by securing 60% and above marks will get exemption in
the corresponding paper/s for the unexpired period in IPCE. Full details are also available in
IPCC Prospectus and in IPCC Examination application form.
All such students to provide a copy of marks statement received from the Examination
division as proof of having passed one of the groups in CA Intermediate (under para 2A of
Schedule ‘B’)/ Professional Education (Examination – II).
7. Attested copy of marks statement of qualifications obtained between registration to CA
Intermediate/ Professional Education (Examination-II) and switchover to Integrated
Professional Competence Course (IPCC), if any.
8. All students registered for the Professional Education (Course-II) under Regulation 28A of
the Chartered Accountants Regulations, 1988 either through graduation route or
Entrance/Foundation/ Professional Education (Examination – I) route should switch over to
IPCC.
9. As per the Announcement dated February 5, 2010, students who switchovers or have
switchedover from CA Intermediate/ Professional Education (Course– II) to Integrated
Professional Competence Course (IPCC) and have completed minimum period of nine
months from the date of registration in Professional Education (Course – II) are exempted
from undergoing nine months study course period in Integrated Professional Competence
Course (IPCC).
10. However, students who switchover from CA Intermediate/ Professional Education (Course–II)
to Integrated Professional Competence Course (IPCC) should successfully complete 35 hours
Orientation Programme and also 100 hours Information Technology Training, if required,
before the commencement of relevant Integrated Professional Competence Examination
(IPCE).
Director, Board of Studies
PAPER-WISE EXEMPTION TO THE CANDIDATES APPEARING IN INTEGRATED PROFESSIONAL COMPETENCE EXAMINATION /
ACCOUNTING TECHNINCIAN 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
Papers of the Professional Education
(Examination – II) passed under Regulation
28B (5) 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 I
Paper 1 : Accounting Group I Paper 1 : Accounting and
Group II Paper 5 : Advanced Accounting
Paper 2 : Auditing Group II Paper 6 : Auditing and Assurance
Paper 3 : Business and Corporate Laws Group I Paper 2 : Business Laws, Ethics and Communication
Group II
Paper 4 : Cost Accounting and Financial Management Group I Paper 3 : Cost Accounting and Financial Management
Paper 5 : Income Tax and Central Sales Tax Group I Paper 4 : Taxation
Paper 6 : Information Technology Group II Paper 7 : Information Technology and Strategic Management
ACCOUNTING TECHNICIAN COURSE (ATC)
GROUP PASSED IN INTERMEDIATE UNDER
PARAGRAPH 2A OF SCHEDULE ‘B’ OR
PROFESSIONAL EDUCATION (EXAMINATION– II )
EXEMPTIONS ENTITLED FOR IN
ACCOUNTING TECHNICIAN
EXAMINATION
DETAILS OF PAPERS IN WHICH CANDIDATES ARE
REQUIRED TO APPEAR AND PASS IN ONE
SITTING AS A UNIT IN AT E
Group I
(Group I passed and opts ATE)
1. Accounting/ Advanced Accounting
2. Auditing
3. Corporate and Other Laws/ Business and
Corporate Laws
Group I Paper 1 : Accounting
Group I Paper 2 : Business Law, Communication
and Ethics
UNIT – 1
ATE
Group I Paper 3 : Cost Accounting and Financial
Management
Group I Paper 4 : Taxation
Group II
(Group II passed and opts ATE)
4. Cost Accounting/Cost Accounting and
Financial Management
5. Income Tax and Central Sales Tax
6. Organisation & Management and
Fundamentals of Electronic Data
Processing/Information Technology
Group I Paper 3 : Cost Accounting and Financial
Management
Group I Paper 4 : Taxation
UNIT – 2
ATE
Group I Paper 1 : Accounting
Group I Paper 2 : Business Laws, Ethics and
Communication
INTEGRATED PROFESSIONAL COMPETENCE COURSE (IPCC)
(OPTING FOR IPCC AFTER PASSING ATE)
GROUP PASSED IN INTERMEDIATE UNDER
PARAGRAPH 2A OF SCHEDULE
‘B’ OR PROFESSIONAL EDUCATION
(EXAMINATION– II )
EXEMPTIONS ENTITLED FOR
IN INTEGRATED PROFESSIONAL
COMPETENCE EXAMINATION
GROUP II
DETAILS OF PAPERS IN WHICH
CANDIDATES ARE RE QUIRED TO
APPEAR AND PASS IN ONE SITTING AS
A UNIT IN (IPCE)
Group I
(Group I & ATE passed and opts Group II in
IPCE)
1. Accounting/ Advanced Accounting
2. Auditing
3. Corporate and Other Laws / Business
and Corporate Laws
AND
CANDIDATE AFTER PASSING ATC :
Group I Paper 3 : Cost Accounting and
Financial Management
Group I Paper 4 : Taxation
Group I Paper 1 : Accounting
and
Group II Paper 5 : Advanced Accounting
Group II Paper 6 : Auditing and Assurance
Group I Paper 2 : Business Law,
Communication and Ethics
Group I Paper 3 : Cost Accounting and
Financial Management
Group I Paper 4 : Taxation
UNIT – 3
Group II Paper 7 : Information Technology
and Strategic Management
INTEGRATED PROFESSIONAL COMPETENCE COURSE (IPCC)
GROUP PASSED IN INTERMEDIATE UNDER
PARAGRAPH 2A OF SCHEDULE
‘B’ OR PROFESSIONAL
EDUCATION (EXAMINATION– II )
EXEMPTIONS ENTITLED FOR
IN INTEGRATED PROFESSIONAL
COMPETENCE EXAMINATION
DETAILS OF PAPERS IN WHICH
CANDIDATES ARE RE QUIRED TO
APPEAR AND PASS IN ONE SITTING AS
A UNIT IN IPCE
Group I
(Group I passed and opts Group I in IPCE)
Group I
1. Accounting/ Advanced Accounting
2. Auditing
3. Corporate and Other Laws/ Business and
Corporate Laws
Group I Paper 1 : Accounting
and
Group I Paper 2 : Business Law,
Communication and Ethics
UNIT – 4
Group I Paper 3 : Cost Accounting and
Financial Management
Group I Paper 4 : Taxation
Group II
(Group II passed and opts Group II in IPCE)
4. Cost Accounting/Cost Accounting and
Financial Management
5. Income Tax and Central Sales Tax
6. Organisation & Management and
Fundamentals of Electronic Data
Processing/Information Technology
Group II Paper 7 : Information Technology
and Strategic Management
UNIT – 5
Group II Paper 5 : Advanced Accounting
Group II Paper 6 : Auditing and Assurance
INTEGRATED PROFESSIONAL COMPETENCE COURSE (IPCC)
GROUP PASSED IN INTERMEDIATE UNDER
PARAGRAPH 2A OF SCHEDULE
‘B’ OR PROFESSIONAL
EDUCATION (EXAMINATION– II )
EXEMPTIONS ENTITLED FOR
IN INTEGRATED PROFESSIONAL
COMPETENCE EXAMINATION
DETAILS OF PAPERS IN WHICH
CANDIDATES ARE RE QUIRED TO
APPEAR AND PASS IN ONE SITTING AS
A UNIT IN IPCE
Group I
(Group I passed and opts Group II in IPCE)
1. Accounting/ Advanced Accounting
2. Auditing
3. Corporate and Other Laws/ Business and
Corporate Laws
Group II Paper 5 : Advanced Accounting
Group II Paper 6 : Auditing and Assurance
UNIT – 6
Group II Paper 7 : Information Technology
and Strategic Management
Group II
(Group II passed and opts Group I in IPCE)
4. Cost Accounting/Cost Accounting and
Financial Management
5. Income Tax and Central Sales Tax
6. Organisation & Management and
Fundamentals of Electronic Data
Processing/Information Technology
Group I Paper 3 : Cost Accounting and
Financial Management
Group I Paper 4 : Taxation
UNIT – 7
Group I Paper 1 : Accounting
Group I Paper 2 : Business Laws, Ethics and
Communication
INTEGRATED PROFESSIONAL COMPETENCE COURSE (IPCC)
GROUP PASSED IN INTERMEDIATE UNDER
PARAGRAPH 2A OF SCHEDULE
‘B’ OR PROFESSIONAL
EDUCATION (EXAMINATION– II )
EXEMPTIONS ENTITLED FOR
IN INTEGRATED PROFESSIONAL
COMPETENCE EXAMINATION
DETAILS OF PAPERS IN WHICH
CANDIDATES ARE RE QUIRED TO
APPEAR AND PASS IN ONE SITTING AS
A UNIT IN IPCE
Group I
(Group I passed and opts for both Groups in IPCE)
1. Accounting/ Advanced Accounting
2. Auditing
3. Corporate and Other Laws/ Business and
Corporate Laws
Group I Paper 1 : Accounting
Group II Paper 5 : Advanced Accounting
Group II Paper 6 : Auditing and Assurance
Group I Paper 2 : Business Law, Communication
and Ethics
UNIT – 8
Group I Paper 3 : Cost Accounting and
Financial Management
Group I Paper 4 : Taxation
Group II Paper 7 : Information Technology
and Strategic Management
Group II
(Group II passed and opts for Both Groups in IPCE)
4. Cost Accounting/Cost Accounting and
Financial Management
5. Income Tax and Central Sales Tax
6. Organisation & Management and
Fundamentals of Electronic Data
Processing/Information Technology
Group I Paper 3 : Cost Accounting and Financial
Management
Group I Paper 4 : Taxation
Group II Paper 7 : Information Technology and
Strategic Management
UNIT – 9
Group I Paper 1 : Accounting
Group I Paper 2 : Business Laws, Ethics and
Communication
Group II Paper 5 : Advanced Accounting
Group II Paper 6 : Auditing and Assurance