Revised Scheme of Revalidation of Registration for various levels of CA Course (CPT, Intermediate (Integrated Professional Competence) Course and Final Course)

BoS/ Announcement/ 227/13    

Revised Scheme of Revalidation of Registration for various levels of CA Course (CPT, Intermediate (Integrated Professional Competence) Course and Final Course)

Applicability of the Scheme:

 The Revised Scheme of revalidation shall come into effect from 1st January, 2013 and shall be applicable to CPT 1, Intermediate (IPC) Course 2 and Final 3 students.

Common Proficiency Course (CPC) students:

 Initial registration for Common Proficiency Course (CPC) is valid for 3 years.

 Each Revalidation shall be valid for 3 years.

 Fee for revalidation is Rs. 300/- for each revalidation.

 Students are required to ensure that they have valid registration before filling examination form for Common Proficiency Test (CPT).

 With a view to create awareness, it has been decided that no revalidation fees shall be charged till 31st December, 2013. Accordingly, CPT students who have registered on or before 31st December, 2010 are advised to apply for revalidation without paying any revalidation fee, till 31^st December, 2013, so as to be eligible to appear in June, 2014 examinations onwards for 3 years from the date of revalidation.

 In case any student fails to apply for revalidation by 31st December, 2013, he/ she then shall have to pay the prescribed revalidation fee, as stated above, on or after 1^st January, 2014 for revalidating the registration.

Intermediate (Integrated Professional Competence) Course students:

 Initial registration for then IPCC, now Intermediate (IPC) Course is valid for 4 years. Further, students who switched over to then IPCC, now Intermediate (IPC) Course from erstwhile Intermediate/ Professional Education (Course-II)/ Professional Competence Course stream have valid registration period of 4 years and will be counted from the date of switch over to then IPCC, now Intermediate (IPC) Course.

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1 Those students who have registered earlier in Entrance/ Foundation/ Professional Education (Course – I) are required to register afresh in Common Proficiency Course (CPC) to pursue their studies in CA Course. Such students’ validity of registration would be continued for three years from the date of registration to the CPC.

2 Those students who have registered earlier in Intermediate/ Professional Education (Course – II) are required to convert to Intermediate (IPC) Course as per the announcement dated 27th July, 2010 (link: http://220.227.161.86/19968announ290710.pdf) and Professional Competence Course (PCC) students are required to convert to Intermediate (IPC) Course as per the announcement dated 7th January, 2012 (link: http://220.227.161.86/28912bos18513.pdf).

3 Those students who have registered earlier in Final (Old) Course are automatically shifted to Final (New) course without charging any conversion fee. Such students in order to continue their studies in CA Final Course may approach the concerned Decentralized Officer and collect the conversion letter (link: http://www.icai.org/new_post.html?post_id=6951&c_id=343).

 Students, who have registered for the course on or before 31st December, 2009 and completing 4 years validity period till 31st December, 2013 are advised to apply for revalidation before 31st December, 2013 without paying revalidation fee. In case any student fails to apply for revalidation by 31st December, 2013 he/she then shall have to pay the prescribed revalidation fee, as stated above, on or after 1st January, 2014 for revalidating the registration.

 Each Revalidation shall be valid for 4 years.

 Fee for revalidation is Rs. 400/- for each revalidation.

 Students are required to ensure before applying for admission to Intermediate (IPC) (IPC) Examination that they have valid registration.

 Students who have registered in Intermediate/ Professional Education (Course-II)/

Professional Competence Course are required to switchover to Intermediate (IPC)

Course in order to continue their studies in chartered accountancy course.

Final students:

 Initial registration for Final Course is valid for 5 years.

 Students, who have registered for the Final Course on or before 31^st December, 2008 (including shifted students of Final (Old) Course to Final (New) Course) are required to revalidate their Final Course registration. Such students are advised to apply for revalidation before 31st December, 2013 without paying revalidation fee. In case any student fails to apply for revalidation by 31st December, 2013 he/ she then shall have to pay the prescribed revalidation fee, as stated above, after 1^st January, 2014 for revalidating the registration.

 Fee for revalidation is Rs. 500/- for each revalidation.

 Each Revalidation shall be valid for 5 years.

 Students are required to ensure before applying for admission to Final examination that they have valid registration.

Procedure for Revalidation:

The request for revalidation shall be made in the below given format indicating the name of the Course (CPT/PCC/Intermediate (IPC) Course/Final), Registration Number, Date of Registration, Date of Expiry of Registration and duly signed by the registrant together with the prescribed fee, if applicable, by way of Demand Draft in fovour of “The Secretary, The Institute of Chartered Accountants of India, payable at Mumbai/ Chennai/ Kolkata/ Kanpur/ New Delhi as the case may be and sent to the concerned Decentralized office from where registration was done.

Director, Board of Studies

For other details please find the attached file.