Hi all.... ICAI has come up with many new regulations. CPT walas cannot enter into articleship directly. They''ve got to complete group I of IPCC. Read on to find out how the new scheme is gonna work out!!
BoS/Announcement/IPCC/227/2008 December 11, 2008
To become an Accounting Technician………
- Enrol for Common Proficiency Test (CPT) after passing Class 10 examination
- Pass 10+2 examination and CPT
- Enrol for Accounting Technician Course (ATC)
- Successfully complete 9 months of Study Course
- Successfully complete Orientation Course of one week spanning over 35 hours and covering topics, such as, personality development, communicationskills, office procedures, business environment, general commercial knowledge, etc
- Successfully complete Information Technology Training (ITT) or Computer Training Programme
- Pass Group I of Integrated Professional Competence Examination (IPCE)
- Group I is composed of four papers
- Successfully complete one year work experience under a chartered accountant in practice or in industry
- Get ATC Certificate
- Designate as Accounting Technician
- Enrol in Group II of Integrated Professional Competence Course (IPCC)
- Register as Articled Assistant for a period of 3 years
- Pass Group II of IPCE
- Appear in IPCC Final Examination during last 6 months of 3 years of articled training
- Pass both the Groups of IPCC Final examination
- Complete remaining period of articled training, if applicable
- Successfully complete the Course on General Management and Communication Skills
- Get IPCC Final Examination Certificate
- Enrol as a member of ICAI and designate as “Chartered Accountant”