IPCC Results NOVEMBER 2015@ icai.nic.in, caresults.nic.in

IPCC Results/ Intermediate (IPC) Examination Results NOVEMBER 2015 Likely to be announced on 1st February, 2016 around 4p.m. Candidates who appeared for the IPCC Exam in the month of Nov 2015 can check their Results from the official websites icai.nic.in, caresults.nic.in. IPCC Group 1 Results and IPCC Group 2 Results are available here.

CA IPCC Results NOVEMBER 2015

Those who want to get the IPCC Results, need to enter Registration Number and Pass word/ Date of Birth from the following links.

The Institute of Chartered Accountants of India website: http://icai.nic.in

CA Examination Results Page: www.caresults.nic.in

IPCC Results NOVEMBER 2015: http://icai.nic.in/caresult

ICAI conducts CPT exams in June and December, IPCC and Final examinations in May and November each year. Examinations are conducted in major cities in India and other countries such as Abu Dhabi (U.A.E.), Dubai (U.A.E.) and Kathmandu (Nepal).

IPCC Minimum Qualifying Marks

A passing grade in IPCC is awarded if the candidate obtains 40% marks in each subject (a subject is attributed 100 marks) and an aggregate of 50% in the aggregate in each group. Benefit of set-off is also available if the candidate appears for both groups together and obtains 50% collectively in both groups, even if he fails to obtain an individual aggregate of 50% in the each group independently.

Indian Chartered Accountancy Course

The Chartered Accountancy examinations are divided into three levels. They are

  • Common Proficiency Test (CPT)
  • Integrated Professional Competence Course (IPCC)
  • Final Examination

Intermediate (Integrated Professional Competence) Course

IPCC or Integrated Professional Competence Course is the second level of Chartered Accountancy examinations. A person can take the IPCC Examination after passing CPT and nine months of study. IPCC has two groups of seven subjects. Group – I consists of four subjects and Group – II of three subjects.

Subjects covered in Intermediate (IPC) Course

IPCC Group I

Paper 1: Accounting (100 Marks)

Paper 2: Business Laws, Ethics and Communication (100 Marks)
Part I: Business Laws (60 Marks) comprising
Business Laws (30 Marks)
Company Law (30 Marks)
Part II: Ethics (20 Marks)
Part III: Communication (20 Marks)

Paper 3: Cost Accounting and Financial Management
Part I: Cost Accounting (50 Marks)
Part II: Financial Management (50 Marks)

Paper 4: Taxation
Part I: Income-tax (50 Marks)
Part II: Service Tax (25 Marks) and
VAT (25 marks)

IPCC Group II

Paper 5: Advanced Accounting (100 Marks)

Paper 6: Auditing and Assurance (100 Marks)

Paper 7: Information Technology and Strategic Management
Section A: Information Technology (50 Marks)
Section B: Strategic Management (50 Marks)

The subjects of Intermediate (IPC) Course are classified into two groups which a student can study and appear in the examination group-wise or both the groups together.

In order to develop a strong theoretical base, students of Intermediate (IPC) Course, who have registered through CPT route or Intermediate level examination passed students of The Institute of Cost Accountants of India or The Institute of Company Secretaries of India, are required to undergo eight months study course before appearing for the first time in the Intermediate (IPC) Examination. Since proper understanding of the modern world necessitates knowledge of present day technology and skills, students are imparted 100 hours Information Technology Training (ITT) and have to undergo 35 hours Orientation Programme before joining for the practical training. It is to be noted that such students can join practical training practical training only after passing Group I/ Both Groups of Intermediate (IPC) course. Simply passing Group II of Intermediate (IPC) course is not sufficient.

After passing Group – I of IPCC, a candidate must undergo a rigorous 3-year on-the-job training as article or audit assistant, articleship. Only members in practice are entitled to engage such assistants. During the last year of articleship, a student may opt for industrial training instead. Industrial training can be for a period of 9 to 12 months and has to be completed under the supervision of an existing CA member employee of a financial, commercial or industrial organization.

IPCC Validity

Intermediate (IPC) Course registration is valid for 4 years and can be revalidated any number of times for further 4 years period by paying revalidation fee of Rs. 400/- or as decided by the Council from time to time.

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