Chartered Accountants (www.icai.org)

Different levels of Chartered Accountancy Course

  • Entry Level Test : Common Proficiency Test
  • First Stage : Integrated Professional Competence Course
  • Final Stage : Final Course

Common Proficiency Course (CPC) / Common Proficiency Test (CPT)

About the Course:

CPT is an entry level test for Chartered Accountancy Course. Student after passing class 10th examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto. Students can appear in the CPT after appearing in the senior secondary (10+2) examination conducted by an examining body constituted by law in India or an examination recognised by the Central Government as equivalent thereto. Students after registration to the course are required to complete specified period (i.e. 60 days) from the date of registration to as on the first day of the month in which examination is to be held, i.e., students registered on or before 1st April/1st October will be eligible to appear in June/ December examination, as the case may be. Students who are Graduates/ Post Graduates with prescribed percentage marks or its equivalent grade in the examination conducted by any recognized University (including Open University) or Intermediate level examination passed students of The Institute of Cost Accountants of India or The Institute of Company Secretaries of India are exempted from passing CPT. Such students on fulfilling the requirements can register directly to Intermediate (IPC) course.

 

Intermediate (Integrated Professional Competence) Course :

This is the first stage of the chartered accountancy curriculum wherein only working knowledge of core and allied subjects to accountancy profession is covered, while at the Final course, advanced application knowledge of core and allied subjects to accountancy profession has been intended to be inculcated. The unique feature of the entire theoretical education of the Chartered Accountancy curriculum is the supportive and complementary practical training. A student would undergo theoretical education and three years of practical training after compulsorily during the course of chartered accountancy. This balanced approach will help the students to appreciate the underlying practical applications of the theoretical education scheme.

ELIGIBILITY QUALIFICATION/ REQUIREMENT TO ENROL FOR INTERMEDIATE (IPC) COURSE:

  1. A candidate is eligible for enrolment to any of the level(s) of the Intermediate (IPC) Course on passing the Common Proficiency Test and Senior Secondary Examination (10+2 examination) conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto.
  2. A candidate who has already passed Entrance Examination or Foundation Examination or Professional Education (Examination-I) shall be eligible for enrolment to Intermediate (IPC) Course subject to complying with relevant conditions.
  3. A candidate who was already registered for erstwhile Intermediate/ Professional Education (Course-II)/ or Professional Competence Course cum articleship shall be eligible for enrolment/ conversion to Intermediate (IPC) Course subject to complying with relevant conditions.
  4. Students who are Graduates/ Post Graduates in Commerce having secured in aggregate a minimum of 55% of the total marks or other than those falling under Commerce stream having secured in aggregate a minimum of 60% of the total marks or its equivalent grade in the examination conducted by any recognized University (including Open University) and Candidates who have passed the Intermediate level examination conducted by The Institute of Cost Accountants of India or by The Institute of Company Secretaries of India are exempted from qualifying Common Proficiency Test (CPT) vide Notification No. 1-CA(7)/145/2012 dated August 1, 2012 can register directly in the Intermediate (IPC) Course.
  5. Students who are pursuing the Final year Graduation Course can also register for the Intermediate (IPC) Course on provisional basis and such students registration would be regularised and they can commence practical training only on submission of satisfactory proof of having passed the Graduation examination with the specified percentage of marks within six months from the date of appearance in the final year graduation examination. During the provisional registration period, a student can undergo and complete Information Technology Training (ITT) and Orientation Course. If such student fails to produce the proof within the a foresaid period, his provisional registration shall stand cancelled and the registration and other fees, as the case may be, paid by him shall not be refunded/ adjusted and no credit shall be given for the theoretical education undergone. Student has to register and undergo Orientation Programme and 100 hours ITT at any time after registration to Intermediate (IPC) Course. They shall have to complete the same before commencement of practical training.

 


 

Final Exam

  • Held twice every year in the months of May and November. It comprises of two groups. Candidate can appear for groups / group I / group II as the case may be subject to fulfillment of eligibility condition.
  • Eligibility

    • The candidate must have passed the Intermediate/ PE-II/IPCC Examination.
    • The candidate must have obtained Final Course registration number.
    • The candidate must have completed the practical training as required.

Career Prospects

  • Dream career in the specialized areas of Accounting, Auditing, Corporate Finance, Corporate Laws, Taxation.
  • Chartered Accountants are statutorily recognized audit practitioners.
  • Technically equipped to act as management consultants.
  • As practitioners of public accounting, CAs may start Professional practice as a proprietor or join any existing firm as a partner or staff member.
  • Many Chartered Accountants hold responsible positions in business or industrial firms as CEOs, Managing Directors, Director (Finance) and Chief Accountants.
  • Independent Professional Practioners

SVKM’s Narsee Monjee College is the authorized center for oral coaching of ICAI to impart training to the students intending to pursue their Career as Chartered Accountant, NM College In association with ICAI provides classroom coaching to the students. NM boasts of excellent fully qualified and professional and academically competent team of teachers.

Fees Structure for IPCC :

Module I & II fees Rs.18,500/-

Module I fees Rs.13,000/-

Module II fees Rs.9,000/-

 

Fees structure for CPT :

Rs.11,000/-

 

 

SVKM’S NARSEE MONJEE COLLEGE OF COMMERCE & ECONOMICS
is recognized by
INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA

as AUTHORIZED CENTER FOR ORAL TRAINING
for all their Programs.
PROPOSED SCHEDULE OF THE PROGRAM

Heartiest
Congratulations
 

Ms. Shah Kruti Bhadresh Shilpa
 Student of
SVKM’s Narsee Monjee College of Commerce and Economics
 for securing 
Ist Rank at All India Level Final CA Examination May 2013

Particulars

C.P.T. Dec. 2014 Batch

I.P.C.C. May 2015 Batch

Heartiest Congratulations
 

Ms. Gupta Sakshi Sanjay Shobha
 Student of
SVKM’s Narsee Monjee College of Commerce and Economics
 for securing 
Ist Rank at All India Level       CA-IPCC Examination

Classes from

09/06/2014 to 15/11/2014

(Batch 1)
22/06/2014
to
28/02/2015
(Batch 2)
01/08/2014
to
31/03/2015

Date of Registration

OPEN

OPEN

Max. Batch Capacity

60 students

60 students

Duration of the
classes

5 Months

8 months

Class Timings (Weekdays)

6.00 p.m. to 9.00 p.m.

6.00 p.m. to 9.00 p.m.

Sundays & Public Holidays

8.00 a.m. to 2.00 p.m.

8.00 a.m. to 3.00 p.m.

      For details contact:
       WIRC  Office:  022-33671424/022-33671421 between (9.30 a.m. to 5.30 p.m.)
       N M College :  Mr. Vishal Bude on 022-42338000/022-42338001 between (2.00 p.m. to 6.00 p.m.)

 

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