INTEGRATED PROFESSIONAL COMPETENCE COURSE (IPCC)

BALASUBRAMANYA B N (CCI STUDENT....) (44679 Points)

21 January 2009

Objective

INTEGRATED PROFESSIONAL COMPETENCE COURSE (IPCC)

In this IPCC curriculum only working knowledge of core and allied subjects to accountancy profession is covered, while at the Final (New) course, advanced application knowledge of core and allied subjects to accountancy profession has been intended to be inculcated. The unique feature of the entire theoretical education of the Chartered Accountancy curriculum is the supportive and complementary practical training. A student would undergo theoretical education and 3 years of practical training after passing Group-I of IPCC/Accounting Technician (Level-1). This balanced approach will help the students to appreciate the underlying practical applications of the theoretical education scheme.

Neither a stand-alone theory nor a practice without theoretical knowledge would make a professional successful. Moreover, there is a need to develop proper understanding of the business environment and information technology which acts as an important business process driver. It is also essential to sharpen communication skills to be able to work successfully in the competitive business environment.

Accordingly, the existing scheme is being revamped and a new scheme is launched on December 10, 2008.

Objective of the new scheme:

The new scheme has emphasized on –

Instituting a uniform entry level test – the Common Proficiency Test compulsory for all the students joining IPCC/ATC.
After passing 10th standard examination a student can register for IPCC/ATC with the Board of Studies and prepare for entry level test while pursuing 10+2 level study;
To encourage young talented students having aptitude for accounting education to make an early entry to the profession;
Introduction of orientation programme and 100 Hours ITT during 9 months of study course & before appearing in the IPCE/ATE.
Balanced approach towards theory and training by way of emphasizing commencement of the training after passing Group I of IPCC/ATC curriculum;
Complementing theoretical education by appropriate modules of practical training;
Providing quality classroom education through efficient accredited institutions;
Providing lecutures through Gyan Darshan Channel in colloboration of IGNOU.
Linking an upgraded Information Technology Training;
Facilitating additional courses of study during articleship training;
Globalizing chartered accountancy education through organisation of education and training abroad;
To help students in acquiring professional ethical values and attitudes; and
To inculcate analytical ability among the students through case studies.