About IPCC
Integrated Professional Competence Course [IPCC]
According to the New Scheme which has come into effect from December 10, 2008, any CPT pass student can get registered for IPCC without articleship registration and can sit in the new IPCC examination after 9 months of registration. The new IPCC comprises two Groups. Group I has 4 papers and Group II has 3 papers.
Group I :-
Paper 1 : Accounting
Paper 2 : Business Laws, Ethics and Communication
Paper 3 : Cost Accounting and Financial Management
Paper 4 : Taxation
Group II :-
Paper 1: Advanced Accounting
Paper 2: Auditing and Assurance
Paper 3: Information Technology and Strategic Management
Under the new scheme, only on passing Group I of the IPCC will a student be eligible to get registered for article ship, which shall now be for a period of 3 years as against the existing requirement of 3 years. Further, a student will be eligible to sit in the final examination in last 6 months of his article ship as against the existing condition to sit in final exam only after the completion of articleship.
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