Rahul Bansal (Finalist) (35929 Points)
Replied 23 June 2010

ICAI believes in regular updation of the C.A. course to suit the fast changing environment. As part of this effort the Level Two of the course has been changed and re-christened IPCC. The details of IPCC are:

Undergo Information Technology Training (ITT) provided by ICAI itself for 100 Hours.
Undergo the Orientation Programme conducted by ICAI for 35 Hours.

Eligibility Criteria:A student who has passed the CPT and 12th standard examination may join the Integrated Professional Competence Course
Practical Training: After passing group-I of the course, a student must join a practicing Chartered Accountant for practical training (Articleship). Articleship shall be of 3 years duration (36 months).
Additionally: In addition to artcileship a student must complete 100 hours of Information Technology Training (ITT) and 35 hours of ‘Orientation Programme’ ITT is to be started after a student registers for IPCC and completed before appearing in Group-I and Group-II of IPCE or Group I / ATE. Orientation Programme is of 4 sessions per day for 35 hours with an ICAI accredited institute.
Integrated Professional Competence Examination (IPCE): A student will have to appear for the IPCE after fulfillment of following conditions: PCE is conducted twice in a year, May and November.

purvi (some) (240 Points)
Replied 23 June 2010

Originally posted by : philip
	hey..listen guys..do spare some time and reply..i have some queries to get cleared.. 1)after ma 9 months coaching on ipcc, will i be able to attempt both grops or just the 1st group?? 2)when should i think og applying for articlship?is it only after the results of ipcc come or should i make it earlier?? 3)if i pass both the groups in ipcc initially(i.e.ma first atempt), dont you think it would be better i go for a big 4 to do ma articleship?? 4)what are the factors that i should look into to find out whether a firm is good or not??i would like to work in a firm where they cover all the aspects so that i would be well-nourished regarding the practical aspect of CA..(is it just the statutoy audit..bank audit..internal audit)) 5)do u think chennai is the best place where i should do ma coaching??any comments on chennai coaching?? 6)is tranfer and secondment possible as of now?? 7)what additional qualifications will act as a catalyst for a ipcc student to get into a good firm??say like studying tally 9 and so on..

YOUR ANSWERS ARE:

NO

YES

NO

DIFFICULT

NO

YES ONLY SECONDMENT

ANYTHING THAT YOU CAN PROVE CAN HELP U.. KNOWLEDGE IS NEVER A WASTE..

Vikrant (Chartered Accountant) (601 Points)
Replied 23 June 2010

Yes it depends on you either to give both the IPCC groups together or give them separately . It is generally difficult to give both the groups together that's why most of the students give the groups separately.

For eg. you appeared CPT in June & when results came in July end, you passed . Then you started your IPCC coaching and next year in May you can take both the together or appear for first group in May and give your second group in December.

CA CS CIMA Prakash Somani (Landmark Group) (23502 Points)
Replied 23 June 2010

1. you can attempt both grps
2. as and when you are eligibel you should apply wothout making any delay
3. It depends where yu want to go post qualification, if you want to go for industry then join Big4 but it is alwasy preferred to join big4s.
4. you will rarely find any firm which suits you as every firm has different good and bad points, better to consult any existing employee or article there before joining the firm.
5. no idea of coaching class at chennai, you may optionally opt for self study
6. yes but sibject to certain conditions
7. IFRS and CS willl add value....

2 Like

(Guest)

Originally posted by : CA CS* Prakash Somani (A helping Hand)
	1. you can attempt both grps 2. as and when you are eligibel you should apply wothout making any delay 3. It depends where yu want to go post qualification, if you want to go for industry then join Big4 but it is alwasy preferred to join big4s. 4. you will rarely find any firm which suits you as every firm has different good and bad points, better to consult any existing employee or article there before joining the firm. 5. no idea of coaching class at chennai, you may optionally opt for self study 6. yes but sibject to certain conditions 7. IFRS and CS willl add value....

best reply

RAKESH (Almost CA) (2199 Points)
Replied 23 June 2010

Originally posted by : CA CS* Prakash Somani (A helping Hand)
	1. you can attempt both grps 2. as and when you are eligibel you should apply wothout making any delay 3. It depends where yu want to go post qualification, if you want to go for industry then join Big4 but it is alwasy preferred to join big4s. 4. you will rarely find any firm which suits you as every firm has different good and bad points, better to consult any existing employee or article there before joining the firm. 5. no idea of coaching class at chennai, you may optionally opt for self study 6. yes but sibject to certain conditions 7. IFRS and CS willl add value....