Yes. A student of PCC can apply for conversion to IPCC in the prescribed form [can be downloaded from www.icai.org] alongwith prescribed fee [both groups Rs. 6000/- and group I Rs. 5000/-]. Students can obtain the prospectus of IPCC for Rs. 100/- from any nearest Branch office of the Institute.
For example, a student of PCC for being eligible to appear in IPCC in November, 2009, the conversion application form needs to be submitted / received in the office of the Institute on or before 31st January, 2009. Similarly for the May, 2010 examination, the conversion form should be received in the Institute on or before 31st July, 2009.
As a part of the scheme of education and training for Chartered Accountancy Course, a student has to mandatorily pursue a course on 100 hours Information Technology Training from any of the ITT Centers established at Regional Offices/ branches and Chapters of ICAI all over the country.
Yes. Irrespective of the period served as articled assistant under PCC scheme of education, a student will have to undergo a study course for a period not less than nine months and complete ITT course and study course within the nine months period in order to be eligible to appear in either group or both groups of IPCC.
It is stated that nine months period will be counted w.e.f. date of conversion / registration to IPCC. It is clarified that any period served under PCC will not be counted for the purpose of nine months study course of IPCC.
For a PCC student, 100 hours ITT would commence during articled training but before appearing for PCE. For an IPCC student, 100 hours ITT would commence after a student registers for IPCC. Students are required to complete the training before appearing in IPCE.
The student will be eligible for registration for articleship after passing Group I of IPCC and the period of Articleship will be three years for fresh registered under IPCC effective from 03rd December, 2008 while the period of Articleship will continue to be 3 ½ years for students converted from PCC to IPCC.
Yes. The period of Articleship will remain 3 ½ years and the period so served as an articled assistant under PCC scheme of education, examination and training, will be reckoned for the purpose of completing 3 ½ years of Articleship under IPCC.
An articled assistant will have the option to either continue with the article training as per articled deed already executed or take termination at the time of joining IPCC.
A student has to deposit the course fee of Rs. 4000/- to the concerned Regional Office/Branch/CPE Chapter IT Centre where he/she wishes to pursue the training
A student of final examination through PCE route can appear in the final examination only after completion of 3 ½ years of Articleship. Whereas a student of PCE converting to IPCC will be eligible to appear in final examination during the last six months of training and will be required to be in service as on the first day of the month of examination.
The branches follow a teaching schedule of 3-5 hrs per day, covering 100 hrs in maximum 40 days. Normally, it is completed in 25 days @ 4 hours per day.
The following table will clarify the difference between the existing Professional Competence Course and the newly launched Integrated Professional Competence Course
PCC and Articleship on or before 31st
January, 2009/Get registered for IPCC without Articleship
Yes, the Board of Studies provides set of study modules covering various topics of the ITT. These are issued to students when they register for the ITT course with course fee of Rs. 4000/-.
Yes, it is a part of the articled training. However, for attending 100 hours ITT, an articled assistant should take permission of the MIT / Principal in this regard.
Yes, the Final online examination of the duration of 3 hours would comprise of 200 objective type questions of 1½ mark each totaling 300 marks. The weightage of final online examination is 60%.
100 hrs ITT evaluation process comprises of 3 components as stated below:
Description
Weightage
out of 100%
Module Tests (Two)
20%
Project
20%
Final( online)
Examination
60%
A student is required to obtain 60% in aggregate taking into account Module tests, Project and Final examinations. In case, a student fails to secure 60% or more in aggregate, he/she may be allowed to reappear for online examination free of charge only upto two more attempts. No fees shall be charged by the Accredited Branches for such cases. However, if a student fails to secure 60% marks even after three attempts including the first attempt, he/she has to pay a nominal fee not exceeding Rs. 300/- to the accredited branch for every additional attempt.
90% attendance is a mandatory requirement to appear for the final online examination.
· If a student has put-in 60% attendance in one session (batch) but could not make 90% attendance, he/she would be permitted to attend the missed classes in the next batch upon request, subject to availability.
· However, if a student fails to put-in even 60% attendance due to unavoidable circumstances he/she may take the prior written permission from the IT Centre In-charge.
Yes, a student who successfully completes the 100 hours ITT course is issued a certificate by the ITT center at which the student has pursued the course.
PCC students who have completed their ITT under PCC need not again undergo IT Training under IPCC Scheme. However, those students who have not completed their ITT in PCC have to necessarily complete their ITT under IPCC before appearing for the first time
