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FAQs On Unit Scheme Of CA Intermediate | CA IPCC Details

FAQs On Unit Scheme Of CA Intermediate | CA IPCC

FAQs On Unit Scheme Of CA Intermediate | CA IPCC :A candidate who has passed one of the groups of

a) Erstwhile Intermediate Examination under the syllabus as specified in paragraph 2A of Schedule B of Chartered Accountants Regulations 1988 ( i.e. Nov. 1994 or later) or

b) Professional Education (Examination II) or

c) Professional Competence Examination (PCE) and desirous of pursuing the CA course shall necessarily be required to convert to Intermediate (IPC) Course, of education, training and examination, (since exams under the erstwhile Intermediate, PE II and PCE courses have been discontinued) and appear in the Intermediate (IPC) Unit Scheme of Examination, in order to complete Intermediate (IPC) course.

FAQs On Unit Scheme Of CA Intermediate | CA IPCC

FAQs On Unit Scheme Of CA Intermediate | CA IPCC : However, a candidate already registered for the erstwhile Intermediate Course or PE II course or PCC course and have not passed any group and desirous of pursuing the course shall also be required to apply for conversion to Intermediate (IPC) Course, in the prescribed form along with fee, as applicable and is not covered under Intermediate (IPC) Unit Scheme of Examination. In other words, such a candidate will have to appear and pass both groups of Intermediate (IPC) examination but the articleship done, if any, shall be treated as valid.

Since group wise composition of papers in erstwhile Intermediate Examination under Para 2A of Schedule B of CA Regulations 1988( i.e Nov 1994 or later) /PE II/PCE are not the same as those in the respective Group/s of Intermediate (IPC) Examination, a candidate, upon conversion to Intermediate (IPC) Examination , is required to appear and pass the papers in combinations, specified under the “Unit Scheme” in one sitting so as to pass either one or both the groups of Intermediate (IPC) examination, as the case may be.

“Unit scheme” refers to different combinations of papers of Intermediate (IPC) Examination which are required to be passed in one sitting (like a Group), designed to facilitate the candidates who have passed one of the groups in the erstwhile Intermediate Examination under the syllabus specified under Paragraph 2A of Schedule B of Chartered Accountants Regulations 1988 ( i.e. Nov. 1994 or later) /PE II/ PCE in order to complete either one or both the groups of Intermediate (IPC) Examination.

FAQs On Unit Scheme Of CA Intermediate | CA IPCC

FAQs On Unit Scheme Of CA Intermediate | CA IPCC : It is meant for whom?

Unit scheme is meant for those candidates who have passed one of the groups in any of the following exams:

  • Erstwhile Intermediate under Para 2A of Schedule B of CA Regulations 1988( i.e Nov 1994 or later); or
  • PE II ; or
  • PCE who have converted to Intermediate (IPC) Course.

FAQs On Unit Scheme Of CA Intermediate | CA IPCC

FAQs On Unit Scheme Of CA Intermediate | CA IPCC :Where do I get the details of the different Units of the Intermediate (IPC) Examination?

The details of the subjects/papers relating to Units are available in Intermediate (IPC) course Prospectus and are also hosted in the Board of Studies Announcements in the Students Section on website www.icai.org. They are also available in the Intermediate (IPC) Examination application forms.

FAQs On Unit Scheme Of CA Intermediate | CA IPCC

FAQs On Unit Scheme Of CA Intermediate | CA IPCC : I have earlier passed one group of the erstwhile Intermediate Examination in May 1994. I did not continue thereafter. I am desirous of pursuing the CA course further. How do I proceed?

You need to apply for conversion to Intermediate (IPC) course in the prescribed form and pay the requisite fee. Your passing one group of Intermediate prior to November 1994 is no more valid. However the period of article ship served shall remain valid.

FAQs On Unit Scheme Of CA Intermediate | CA IPCC

FAQs On Unit Scheme Of CA Intermediate | CA IPCC :  I have earlier passed one of the groups of the erstwhile Intermediate Examination in November 1994. I did not continue thereafter. I am desirous of pursuing the CA course further. How do I proceed?

Any candidate who has passed one of the groups of Intermediate examination in November 1994 or later is eligible for conversion to Intermediate (IPC) course and may apply for conversion as a student of Intermediate (IPC) course and will be covered under the Unit Scheme of Examination. For details, please visit the Board of Studies Announcements within the students section of the website www.icai.org

FAQs On Unit Scheme Of CA Intermediate | CA IPCC

FAQs On Unit Scheme Of CA Intermediate | CA IPCC : I have earlier passed one of the groups of PE II or PCE. I did not continue thereafter. I am desirous of pursuing the CA course further. How do I proceed?

Any candidate who has passed one of the groups of PE II / PCE is eligible for conversion to Intermediate (IPC) course and may apply for conversion as a student of Intermediate (IPC) course. For details, please visit the Board of Studies Announcements within the students section of the website www.icai.org.

FAQs On Unit Scheme Of CA Intermediate | CA IPCC

FAQs On Unit Scheme Of CA Intermediate | CA IPCC :  I have earlier passed Group I of the erstwhile Intermediate examination ( held in November 1994 or later) / PE II / PCE. I did not continue thereafter. I want to convert to Intermediate (IPC) course and pursue the CA course. Will I be exempted from appearing in the Group which I had passed earlier?

Group-wise exemption in Intermediate (IPC) course by virtue of having passed one group in CA Intermediate under the syllabus specified under Paragraph 2A of Schedule B of Chartered Accountants Regulations 1988 ( i.e. November 1994 or later) or PE II or PCE is not available in Intermediate (IPC) course because the composition of papers in each group of Intermediate (IPC) Examination is different from that of erstwhile Intermediate/ PE II / PCE.

However, exemption in corresponding paper(s) in Intermediate (IPC) exam is available for the papers comprised in a group passed in erstwhile Intermediate/PE II/ PCE

FAQs On Unit Scheme Of CA Intermediate | CA IPCC

FAQs On Unit Scheme Of CA Intermediate | CA IPCC : I have passed one of the groups of erstwhile Intermediate in May 1994. I am interested in pursuing the Accounting Technician Course. How do I proceed?

You need to apply for conversion to Accounting Technician Course in the prescribed form and the pay the requisite fees. Your passing one group of erstwhile Intermediate prior to November 1994 is no more valid.

FAQs On Unit Scheme Of CA Intermediate | CA IPCC

FAQs On Unit Scheme Of CA Intermediate | CA IPCC : I have passed Group I of erstwhile Intermediate under Para 2A of Schedule B to CA Regulations 1988( i.e. November 1994 or later) or PE II or PCE. I am interested in pursuing the Accounting Technician Course. How do I proceed?

You are eligible for enrolment/conversion to ATC and register yourself as a student of ATC. For more details, please visit Board of Studies Announcements in the Students Section of the website www.icai.org. Composition of papers in ATE is different from that of erstwhile Intermediate/ PE II / PCE. You will be exempt from appearing in those paper(s) in ATE, for the corresponding papers comprised in a group passed in erstwhile Intermediate/PE II/ PCE You need to appear and pass Paper No 3 ( Cost Accounting and Financial Management ) and Paper 4 ( Taxation ) comprised in ATE ( i.e Unit 1), in one sitting, in order to pass ATE. However, for award of Accounting Technician Certificate, you will also have to fulfill other requirements such as practical training/work experience for the prescribed period in approved organizations etc.

FAQs On Unit Scheme Of CA Intermediate | CA IPCC

FAQs On Unit Scheme Of CA Intermediate | CA IPCC : What is the passing criteria in Unit scheme?

A candidate shall be declared to have passed in Group I level or Group II level or Unit as the case may be, if he secures at one sitting a minimum of 40 percent marks in each paper of the Group/Unit and a minimum of 50 percent marks in the aggregate of all the papers of that Group/Unit.

However, a candidate who appears in a Unit comprising a single paper, shall be declared to have passed in that Unit, if he secures at one sitting a minimum of 40 percent marks in that Unit.

For more details you can view here.

FAQs On Unit Scheme Of CA Intermediate | CA IPCC

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