Will you please give me complete details about CA-IPCC Exam????????

Chartered Accountancy (CA) is a challenging profession that offers practice or job opportunities. This course in India is regulated by The Institute of Chartered Accountants of India (ICAI), New Delhi.

C. A. Course comprises of 4 Important Levels
Common Proficiency Test (CPT)
Integrated Professional Competence Course (IPCC)
Three years Articleship/ Traning under a Practicing CA
C. A. Final

Complete details about CA-IPCC

CA - IPCC/IPCE : Chartered Accountancy – Integrated Professional Competence Course/Examination is the identification for the second level of the CA (Chartered Accountancy) course

Registration---
-Candidate should pass both CPT and 10+2 before registering for Integrated Professional Competence Course (IPCC).
-Registration for IPCC should be done 9 months before the first day of the month in which exam is held.
-IPCC has total 7 papers.
-Group I is composed of four papers and Group II is composed of three papers. Passing Group I is necessary for commencing Articleship.

Last Date of Submission of IPCC Registration Form
May Attempt 1st September of the previous year
November Attempt 1st March of the same year

Course Duration
Minimum – 9 months

Integrated Professional Competence Course (IPCC) Eligibility

-You should have passed CPT and HSC.

-Simultaneously, student will also registered for practical training depending upon whether he/she is opting for ATC or IPCC.

- Graduates or Post Graduates in Commerce having secured in aggregate a minimum of 55% of the total marks are eligible directly for IPCC and will be exempted from CPT
Or
-Graduates or Post Graduates other than those falling under Commerce stream mentioned above having secured in aggregate minimum of 60% of the total marks are eligible directly for IPCC and will be exempted from CPT

Here I am uploading the file containing syllabus of CA-IPCC Exam

CA-IPCC Exam Syllabus

GROUP – I

Paper 1: Accounting
(3 hours)

1. Accounting Standards
1. Introduction to Accounting Standards
2. Overview of Accounting Standards
3.
AS 1: Disclosure of Accounting Policies
AS 2: Valuation of Inventories
AS 3: Cash Flow Statements
AS 6: Depreciation Accounting
AS 7: Construction Contracts
AS 9: Revenue Recognition
AS 10: Accounting for Fixed Assets
AS 13: Accounting for Investments
AS 14: Accounting for Amalgamations

1. Financial statements of Company
1. Preparation of financial statements
2. Cash flow Statement (Profit and Loss Account, Balance Sheet and Cash Flow Statement)

1. Profit/Loss prior to incorporation
2. Accounting for Bonus Issue
3. Amalgamation and Reconstruction

1. Average Due Date and Account Current
2. Self-Balancing Ledgers
3. Financial Statements of Not-for-Profit Organisations
4. Accounts from Incomplete Records
5. Accounting for Special Transactions

(a) Hire purchase and installment sale transactions

(b) Investment accounts

(c) Insurance claims for loss of stock and loss of profit.

1. Issues in Partnership Accounts
2. Accounting in Computerized Environment

Paper 2: Business Laws, Ethics and Communication
(3 hours)

Business Laws (30 marks)
1. The Indian Contract Act, 1872
2. The Negotiable Instruments Act, 1881
3. The Payment of Bonus Act, 1965
4. The Employees’ Provident Fund and Miscellaneous Provisions Act, 1952
5. The Payment of Gratuity Act, 1972

Company Law (30 marks)
The Companies Act, 1956 – Sections 1 to 197
1. Preliminary
2. Prospectus
3. Share and Share capital
4. Meetings

Ethics (20 marks)
1. Principles of Business Ethics
2. Environment Issues.
3. Ethics in Workplace
4. Ethics in Marketing and Consumer Protection
5. Ethics in Accounting and Finance

Communication (20 marks)
1. Elements of Communication
2. Communication in Business Environment
3. Basic Understanding of Legal Deeds and Documents

Paper 3: Cost Accounting and Financial Management
(3 hours)

Cost Accounting
1. Introduction to Cost Accounting
2. Materials
3. Labour
4. Overheads
5. Non-Integrated Accounts
6. Methods of
1. Job and Batch
2. Contract
3. Operating
4. Process and Operation
5. Standard Costing
6. Marginal Costing
7. Budgets and Budgetary Control

Financial Management
1. Scope and Objectives of Financial Management
2. Time Value of Money
3. Financial Analysis and Planning
4. Financing Decisions
5. Types of Financing
6. Investment Decisions
7. Management of working capital


Paper 4: Taxation
(3 hours)

Part 1: Income-tax (50 marks)
The Income-tax Act, 1961
1. Basic concepts
2. Residential status and scope of total income
3. Incomes which do not form part of total income ( Sec 10)
4. 5 Heads of income
5. Provisions of Clubbing
6. Set-off and carry forward of losses
7. Deductions from gross total income
8. Computation of total income and tax payable
9. Provisions concerning Advance tax and TDS
10. Provisions for filing of return of income.

Part 2: Service tax (25 marks)
1. Concepts and general principles
2. Charge of service tax and Valuation
3. Payment of service tax and filing of returns

Part 3: VAT (25 marks)
1. Concepts and general principles
2. Input Tax Credits and Composition Scheme for Small Dealers
3. VAT Procedures

GROUP II

Paper 5: Advanced Accounting
(3 hours)

1. Conceptual Framework for Preparation and Presentation of Financial Statements
2. Accounting Standards
AS 4: Contingencies and Events occurring after the Balance Sheet Date
AS 5: Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies
AS 11: The Effects of Changes in Foreign Exchange Rates
AS 12: Accounting for Government Grants
AS 16: Borrowing Costs
AS 19: Leases
AS 20: Earnings per Share
AS 26: Intangible Assets
AS 29: Provisions, Contingent Liabilities and Contingent Assets

1. Advanced Issues in Partnership Accounts
2. Company Accounts
1. Employee stock option plan and Buy back of securities
2. Amalgamation and Reconstruction
3. Underwriting of shares and debentures
4. Redemption of debentures
5. Accounting for Special Transactions
1. Insurance Companies
2. Banking Companies
3. Electricity Companies
4. Departmental accounts
5. Branch accounts including foreign branches


Paper 6: Auditing and Assurance
(3 hours)

1. Auditing Concepts
2. Auditing and Assurance Standards
3. Preparation for an Audit
4. Internal Control
5. Vouching
6. Verification of Assets and Liabilities
7. Company Audit
8. Audit Report
9. Special Audits


Paper 7: Information Technology and Strategic Management
(3 hours)

Part 1: Information Technology
1. Computer software
2. Data Storage, Retrievals and Data Base Management Systems
3. Computer Networks & Network Security
4. Internet and other technologies
5. Flowcharts, Decision Tables

Part 2: Strategic Management
1. Business Environment
2. Business Policy and Strategic Management
3. Strategic Analyses
4. Strategic Planning
5. Formulation of Functional Strategy
6. Strategy Implementation and Control
7. Reaching Strategic Edge

Exam Frequency

May Examination [2:00 pm to 5:00 pm]
Group-I - 4th,8th,10th,12th of May;
Group-II - 6th,14th,16th of May;

November Examination [2:00 pm to 5:00 pm]
Group-I - 6th,10th,12th,14th of November;
Group-II - 8th,16th,18th of November;