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ICAI Describes – Chartered Accountants Examinations an Overview (CPT/ IPCC/ Final). Get Brief Details About Chartered Accountants Examinations By The Institute of Chartered Accountants of India It Self. Candidates Who All Are Willing to Peruse CA Course Must Check CPT, IPCC and Final Eligibility, Course time, Examination, Details of Examinations and Everything Else.
ICAI Describes – Chartered Accountants Examinations an Overview (CPT/ IPCC/ Final)
1. Chartered Accountants Examinations – AN OVERVIEW
1.1 Chartered Accountants examinations are held as per the provisions of the Chartered Accountants Regulations, 1988, framed under Chartered Accountants Act, 1949.
1.2 Affairs relating to Chartered Accountants Examinations are managed by the Examination Committee, a Standing Committee of the Council of the Institute of Chartered Accountants of India.
1.3 Examination activity is handled centrally from the Chartered Accountants Examinations Department of the Institute, in New Delhi.
2.1 CA examinations are held at three levels, Common Proficiency Test (CPT), Intermediate (Integrated Professional Competence) and Final.
2.2 CA examinations are held at over 450 centres across 165 cities in India and abroad.
2.3 CPT is held twice a year in the month of June and December.
2.4 Intermediate (IPC) and Final Examinations are held twice a year in the month of May and November.
2.5 CPT is of entrance level wherein a candidate is tested for basic knowledge of the subjects. It is an objective type test with multiple choice questions. CPT is a single paper comprising 4 sections and is held in two sessions of two hours each, on the same day.
2.6 Intermediate(IPC) and Final examinations are descriptive type examinations. A candidate is tested for working knowledge at Intermediate level and expert knowledge at Final level. Intermediate (IPC) examination comprises two groups, Group I comprises 4 papers and Group II comprises 3 papers. Final examination comprises two Groups of 4 papers each.
2.7 Candidates who are desirous of appearing in CPT have to apply for it in the month of April/October in respect of the CPT held in June/December respectively. Candidates who are desirous of appearing in Intermediate (IPC) or Final Examination have to apply for examinations in the month of February/August in respect of examinations held in May/November respectively.
2.8 The Notification and the announcement for Chartered Accountants Examinations are generally released in the month of January/July in respect of the exams scheduled in May/June and November/December respectively, on www.icai.org and also in leading newspapers across the country.
2.9 Physical Examination forms will be available in all the regional offices and branches of the Institute, against payment of the cost of exam form in cash, at the relevant time when the window opens. They can also be had from the Examination Dept. directly, by post.
2.10 Sale and submission of examination forms commence in the first week of April/October in respect of CPT held in June/December respectively. This window for submission of CPT exam forms is open generally for three weeks. There is no provision for submission of CPT exam forms with late fee.
2.11 Sale and submission of examination forms for Intermediate (IPC) and Final examinations commence in the first week of February/August in respect of May/November exams respectively. This window for submission of exam forms for Intermediate(IPC) and Final is open generally for three weeks, with an additional one more week, for submission of exam forms with late fee of Rs.600/-.
2.12 Candidates can submit physical applications or apply online at http://icaiexam.icai.org and also make payment of examination fee online. Physical examination application form is priced at Rs 1000/- whereas on-line form is free.
2.13 Candidates have the option of choosing either English or Hindi, as the medium of writing their answers in the examination.
2.14 Students may note that mere submission of form for registration to any course of CA will not automatically be construed to be an application for admission to examination also. Candidates are required to apply for examination separately in a prescribed form physically or online, pay the prescribed fee within the stipulated last date and fulfil the laid down eligibility criteria.
2.15 The current examination fees being charged for Chartered Accountants Examinations are as follows: CPT – Rs. 500/- Intermediate (IPC) – Single Group – Rs.1,200/- Intermediate (IPC) – Both Groups – Rs.1,900/- Final – Single Group – Rs.1,500/- Final – Both Groups – Rs.2,700/- The detailed Schedule of Fees in respect of examination related services is available at students>examinations link of this site.
2.16 The results of examination held in May/June Chartered Accountants Examinations are declared in the second fortnight of July. Results of examination held in November/December are declared in the second fortnight of January. Results are generally hosted on http://caresults.nic.in.
2.17 There is no maximum age limit for appearing in Chartered Accountants Examinations. So also there is no restriction on the number of attempts for appearing in Chartered Accountants Examinations. A candidate can appear in the Chartered Accountants Examinations at any age, as long as he fulfils the eligibility criteria laid down, without any restriction on the number of attempts.
2.18 A candidate who passes Group I of Intermediate (IPC) Course but does not want to pursue the course has an option of completing one year of work experience under a Chartered Accountant in practice or in service and be eligible for issue of Accounting Technician Certificate.
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