CA Final and CPT Results Declared: A Female-Power Show |
May 2011 CA Final Examination: The results of the CA Final Examination have been declared recently.Pass percentage of male and female candidates for both Group I and II are 19.81 and 21.91 per cent,respectively. Pass percentage of male and female candidates for Group I and Group II are 35.97 and 37.09, and 25.51 and 29.22 per cent, respectively. Female candidates have done better than their male counterparts in all the Groups individually too. EIRC (eastern region) has given most pass percentage for both Group I and II this year, i.e. 26.78, whereas NIRC and CIRC stand close second and third with 21.76 and 20.56 per cent, respectively, as pass percentage for both Group I and II. Individually too,EIRC has the best pass percentage for Group I, i.e. 41.64 per cent, as well as for Group II, i.e. 31.66 per cent. It is noteworthy that the top three all-India rank holders for the CA Final Examination are all female candidates:Maitreyee N. Rajaput, Arti Jain and Charmy S. Seth. I congratulate all of them and would like to make an appeal to all other female student candidates: Hard work pays. Always keep your spirits high. To Read Whole Article Click Here _______________________________________________________________________________ |
President's Message - August 2011 - (29-07-2011)
CA IPCC And PCC Results Likely to Declare on 8th August-ICAI
The results of the Chartered Accountants Professional Competence and Integrated
Professional Competence Examinations held in May, 2011 are likely to be declared tentatively on Monday, the 8thAugust, 2011 around 2 P.M. and the same as well as the merit list (candidates securing a minimum of 55% and above marks and upto the maximum of 50th Rank and in accordance with the decision of the Examination Committee) on all India basis will be available on the following website. www.caresults.nic.in
Arrangements have also been made for the students desirous of having results on their email addresses to pre-register their requests at the above website, i.e. http://www.caresults.nic.in from 4thAugust, 2011. All those registering their requests will be provided their results through e-mail on the e-mail addresses registered as above immediately after the declaration of the result.
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Professional Competence Examinations held in May, 2011 are likely to be declared tentatively on Monday, the 8thAugust, 2011 around 2 P.M. and the same as well as the merit list (candidates securing a minimum of 55% and above marks and upto the maximum of 50th Rank and in accordance with the decision of the Examination Committee) on all India basis will be available on the following website. www.caresults.nic.in
Arrangements have also been made for the students desirous of having results on their email addresses to pre-register their requests at the above website, i.e. http://www.caresults.nic.in from 4thAugust, 2011. All those registering their requests will be provided their results through e-mail on the e-mail addresses registered as above immediately after the declaration of the result.
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Download PCC RTP Relevant for November 2011 Examination
| Group - I |
| Paper - 1 : Advanced Accounting |
| Paper – 2 : Auditing and Assurance |
| Paper – 3 : Law, Ethics and Communication Till now only Group 1 RTP is released by ICAI Grp 2 RTP is not yet released. _____________________________________________________________________________ |
Add Members to Studycafe Group & Win Mobile Recharge Worth Rs.500
The Person who will add maximum member to Studycafe group on facebook (http://www.facebook.com/groups/studycafe) by 31st August will get a free Mobile Recharge of Rs.500.This Group is for CA,CS,ICWAI, students for discussing their problems share new ideas,provide latest updates to other member of the group. After adding your friends on this group use print screen option or in case can't use print screen then take the picture of the page where it is showing number of members added by you as a proof,without it entry will not be accepted.
The winner will be announced on the 1st week of September on this website.
The winner will be announced on the 1st week of September on this website.
There is one condition add only those persons who are doing CA CS ICWA or have completed it.
Send your entries at contact@studycafe.in in below format
1.your Name:
2.Number of Members added by you:
3.Date on which members added: 4.Your mobile no:
And do attached the images as a proof
Send your entries at contact@studycafe.in in below format
1.your Name:
2.Number of Members added by you:
3.Date on which members added: 4.Your mobile no:
And do attached the images as a proof
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Solution Of PCC provided by ICAI
To Download the solutions of PCC click here
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Point of Taxation Rules not Applicable for November 2011 Exam
IMP Announcement-
Point of Taxation (POT) Rules,2011 and Consequential Amendments in CENVAT Credit Rules n Service tax not applicable for november 2011 Exams.
To see the notification Click here
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Point of Taxation (POT) Rules,2011 and Consequential Amendments in CENVAT Credit Rules n Service tax not applicable for november 2011 Exams.
To see the notification Click here
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ICAI Released November 2011 CA Final RTP
To Download the RTP Click Here.
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November 2011 Exam Dates
Exam Dates Of November 2011 CA Exams has been Declared.
FINALS :
Grp I- 1 ,3 ,5 ,8 NOV 2011
Grp -2 11,13,15,17 NOV 2011
PCC
GRP -I 2 ,4 , 14 NOV 2011
GRP-2 6 , 9, 16 NOV 2011
IPCC
GRP-I 2, 4 ,6 ,9 NOV 2011
GRP2 12,14,16 NOV 2011
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Extension of Common Proficiency Course (CPC) registration date upto 5th October, 2011
| BoS/Announcement/227/11 |
| July 8, 2011 |
| Sub: Extension of Common Proficiency Course (CPC) registration date upto 5th October, 2011 |
| In view of the closure of banks on account of half yearly closing on 30th September, 2011, the last date for registration for Common Proficiency Course (CPC) shall be 5th October, 2011 for being eligible to appear in the Common Proficiency Test (CPT) to be held in December, 2011. Accordingly, students can submit the application form for registration for CPC upto 5th October, 2011 for the December, 2011 - Common Proficiency Test. |
| Director, Board of Studies |
Pass Percentage Result of CA CPT May 2011 Exam
Pass Percentage Result of CA CPT
The gender wise detail of percentage of candidates passed in the CPT examinations held in June 2011 whose result was announced on 19th July 2011 is given in theschedule below:
| Gender | No. of Candidates Appeared | No. of Candidates Passed | Pass Percentage |
| Male | 89612 | 28380 | 31.67% |
| Female | 49614 | 17992 | 36.36% |
| Total | 139226 | 46372 | 33.31% |
The region wise detail of percentage of candidates passed in the CPT examinations is given below:
| Region | No. of Candidates Appeared | No. of Candidates Passed | Pass Percentage |
| Western India | 33697 | 11703 | 34.73 |
| Male | 19484 | 6346 | 32.57 |
| Female | 14213 | 5357 | 37.69 |
| Southern India | 33648 | 9191 | 27.32 |
| Male | 20661 | 5599 | 27.10 |
| Female | 12987 | 3592 | 27.66 |
| Eastern India | 10266 | 3771 | 36.73 |
| Male | 7243 | 2475 | 34.17 |
| Female | 3023 | 1296 | 42.87 |
| Central India | 38555 | 12762 | 33.10 |
| Male | 26553 | 8154 | 30.71 |
| Female | 12002 | 4608 | 38.39 |
| Northern India | 22625 | 8696 | 38.44 |
| Male | 15331 | 5617 | 36.64 |
| Female | 7294 | 3079 | 42.21 |
| Overseas | 435 | 249 | 57.24 |
| Male | 340 | 189 | 55.59 |
| Female | 95 | 60 | 63.16 |
IPCC is the next level in CA Curriculum followed by Articleship and then CA Final. A Student is awarded with the CA Degree on successful completion of the above stated requirements
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CA Final Results pass Percentage
Maitreyee Narayansing Rajaput, Arti Jain and Charmy Suresh Sheth, the three young women have made history by sweeping the top three all-India positions in this year’s chartered accountancy exam. The top rank has been bagged by 21-year-old Maitreyee Narayansing Rajaput of Pune. The second rank went to Arti Jain of Bikaner, while Charmy Suresh Sheth from Mumbai stood thirdCA Final & CPT MAy 2011 Result Pass percentage are:
-FINAL
Both Group - 20.51%
Group-I - 36.34%
Group-II - 26.67%
-CPT Pass - 33.31%
To know the region wise details of percentage of candidates passed in the final examinations.
Click here
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Check Results of CPT Final
BEST OF LUCK TO ALL WHO ARE WAITING FOR THEIR RESULTS.
To Check the Results Click Here
Register here to receive the results in your mail box
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To Check the Results Click Here
Register here to receive the results in your mail box
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Rupee Symbol can soon be directly typed using a Keyboard
New Rupee Symbol can soon be directly typed using a Keyboard!!!!
Microsoft has also released an update to support the new currency symbol for the Indian rupee in Windows Vista, Windows Server 2008, Windows 7 and in Windows Server 2008 R2. It is available on http://support.Microsoft.Com/kb/2496898. Regarding the placement of the sign on the keyboard, a consensus was arrived among the stakeholders to use combination of ‘AltGr’ and numeral ’4′ for typing the symbol,
The rupee symbol can be downloaded from http://tdil-dc.In/ and typed by pressing ‘AltGr’ together with ’4′. Technology Development for Indian Languages (TDIL) programme is an initiative of Ministry of Communications and Information Technology. The symbol has been incorporated as UNICODE standard, which specifies the representation of text in all modern software products and standards.
Being a standard, all keyboard manufacturers will now have to include new rupee symbol on their keyboards
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List of CA Firms in Delhi,Mumbai,Hydrabad,Kolkata
We have noticed that Students find it difficulty in finding the list of CA Firms their Address,Email Ids and contact no.Therefore we have uploded the List Of CA Firms in the city of Delhi,Mumbai,Hydrabad,Kolkata with address, Email Ids & contact No. in one file only.Other city's list will upload Soon.
To download the file click here
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To download the file click here
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Announcement - November 2011 Examinations
The next Professional Competence Course (PCC), Integrated Professional Competence Course
(IPCC) and Final Examinations of the Institute will be held from 1st November, 2011 to 17th November, 2011
To see the circular click here-November 2011 Examinations
(IPCC) and Final Examinations of the Institute will be held from 1st November, 2011 to 17th November, 2011
To see the circular click here-November 2011 Examinations
Extension of Common Proficiency Course (CPC) Registration Date upto 5th October, 2011. - (15-07-2011)
BoS/Announcement/227/11
July 8, 2011
Sub: Extension of Common Proficiency Course (CPC) registration date upto 5th October, 2011
In view of the closure of banks on account of half yearly closing on 30th September, 2011, the last date for registration for Common Proficiency Course (CPC) shall be 5th October, 2011 for being eligible to appear in the Common Proficiency Test (CPT) to be held in December, 2011.
Accordingly, students can submit the application form for registration for CPC upto 5th October, 2011 for the December, 2011 - Common Proficiency Test.
Director, Board of Studies
_________________________________________________________________________
July 8, 2011
Sub: Extension of Common Proficiency Course (CPC) registration date upto 5th October, 2011
In view of the closure of banks on account of half yearly closing on 30th September, 2011, the last date for registration for Common Proficiency Course (CPC) shall be 5th October, 2011 for being eligible to appear in the Common Proficiency Test (CPT) to be held in December, 2011.
Accordingly, students can submit the application form for registration for CPC upto 5th October, 2011 for the December, 2011 - Common Proficiency Test.
Director, Board of Studies
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Statutory Auditors to Certify Financial Statements Filed in XBRL Format
Earlier, MCA has clarified that the accounts are to be filed in XBRL format information by September 30 for the Financial Year 2010 – 11. The above directive is expected to bring discontentment amongst the companies as they have to pay the auditors twice – once for carrying out regular statutory audit and another for certifying the correctness of their financial statements to be filed under XBRL mode in the MCA portal.
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Soon CA firms can have more than 20 partners-courtesy LLP’s
The ICAI is very soon likely to release a set of business rules that will allow chartered accountants (CAs) to form limited liability partnerships (LLPs). An amalgam of partnership firm and company-LLPs were allowed to be set up in India in 2008. Once CA firms are allowed to form LLP’s, they will be in a much stronger position to compete with Global audit houses as they will be able to service a larger clientele, open branches in several cities and also partner with cost accountants, company secretaries and lawyers, and offer multiple services under one roof.
Accounting firms can currently have only 20 partners under the Partnership Act, 1932. These firms work under the principle of collective responsibility, making all partners liable for the wrongdoings of one, but in the case of LLP’s , the CA firm can not only have more than 20 partners , but ‘each partner will be responsible for his or her action solely’ .
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Accounting firms can currently have only 20 partners under the Partnership Act, 1932. These firms work under the principle of collective responsibility, making all partners liable for the wrongdoings of one, but in the case of LLP’s , the CA firm can not only have more than 20 partners , but ‘each partner will be responsible for his or her action solely’ .
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Limited Liability Partnerships now eligible for stock exchange memberships
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Download Professional Ethics Notes & Ca journal for july 2011
To Download Professional Ethics Notes for CA Final click here
To Download the CA Journal for July 2011 click here
To download Ca final Solutions provided by ICAI click here
To Download Differences between IFRSs and IND AS click here
For more notes click here
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To Download the CA Journal for July 2011 click here
To download Ca final Solutions provided by ICAI click here
To Download Differences between IFRSs and IND AS click here
For more notes click here
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CA final & CPT Result On 19th July
The Institute of Chartered Accountants of India
Post Box No.7112, Indraprastha Marg, New Delhi – 110002
July 11, 2011
IMPORTANT ANNOUNCEMENT
The results of the Chartered Accountants Final Examination held in May, 2011 and Common
Proficiency Test (CPT) held in June, 2011 are likely to be declared on Tuesday, the 19thJuly, 2011
around 2:00 PM and the same as well as the merit list (candidates securing a minimum of 55% and
above marks and upto the maximum of 50th Rank in the case of Final Examination and candidates securing a minimum of 60% and above marks and upto the maximum of 10th Rank in the case of Common
Proficiency Test and in accordance with the decision of the Examination Committee) on all India basis will
be available on the following website:
http://www.caresults.nic.in
Arrangements have also been made for the students of Final Examination and Common Proficiency
Test (CPT) desirous of having results on their e-mail addresses to register their requests at the above
website, i.e., http://www.caresults.nic.in from 15th July, 2011. All those registering their requests will
be provided their results through e-mail on the e-mail addresses registered as above immediately after the
declaration of the result.
Further, facilities have been made for students of Final Examination and Common Proficiency Test
(CPT) held in May/June, 2011 desirous of knowing their results with marks on SMS. The service will be
available through MTNL and India Times.
For getting results through the message students should type:
i) for Final Examination result the following
CAFNL(space)XXXXX (Where XXXXX is the five digit Final examination roll number of the candidate)
e.g. CAFNL 00028
ii) for Common Proficiency Test result the following
CACPT(Space)XXXXXX (Where XXXXXX is the six digit Common Proficiency Test roll
number of the candidate
e.g. CACPT 000171
and send the message to:
52001 - for DOLPHIN AND TRUMP users only
58888 - for all mobile services - India Times
(G. SOMASEKHAR)
ADDITIONAL SECRETARY (EXAMS.)
__________________________________________________________________________________
Post Box No.7112, Indraprastha Marg, New Delhi – 110002
July 11, 2011
IMPORTANT ANNOUNCEMENT
The results of the Chartered Accountants Final Examination held in May, 2011 and Common
Proficiency Test (CPT) held in June, 2011 are likely to be declared on Tuesday, the 19thJuly, 2011
around 2:00 PM and the same as well as the merit list (candidates securing a minimum of 55% and
above marks and upto the maximum of 50th Rank in the case of Final Examination and candidates securing a minimum of 60% and above marks and upto the maximum of 10th Rank in the case of Common
Proficiency Test and in accordance with the decision of the Examination Committee) on all India basis will
be available on the following website:
http://www.caresults.nic.in
Arrangements have also been made for the students of Final Examination and Common Proficiency
Test (CPT) desirous of having results on their e-mail addresses to register their requests at the above
website, i.e., http://www.caresults.nic.in from 15th July, 2011. All those registering their requests will
be provided their results through e-mail on the e-mail addresses registered as above immediately after the
declaration of the result.
Further, facilities have been made for students of Final Examination and Common Proficiency Test
(CPT) held in May/June, 2011 desirous of knowing their results with marks on SMS. The service will be
available through MTNL and India Times.
For getting results through the message students should type:
i) for Final Examination result the following
CAFNL(space)XXXXX (Where XXXXX is the five digit Final examination roll number of the candidate)
e.g. CAFNL 00028
ii) for Common Proficiency Test result the following
CACPT(Space)XXXXXX (Where XXXXXX is the six digit Common Proficiency Test roll
number of the candidate
e.g. CACPT 000171
and send the message to:
52001 - for DOLPHIN AND TRUMP users only
58888 - for all mobile services - India Times
(G. SOMASEKHAR)
ADDITIONAL SECRETARY (EXAMS.)
__________________________________________________________________________________
Remuneration Limit Increased U/S 314 of Companies Act
The Central Government vide its powers confirmed under section 642 of the Companies Act , 1956 has raised the total monthly remuneration for the purpose of Clause (b) of sub section (1) of section 314, Rs.10,000 limit u/s 314(1)(b) of Companies Act raised to Rs.50,000 & Rs.20,000 limit u/s 314(1B)) raised to Rs.2,50,000.
Section 314 of The Companies Act, 1956 states that a Director etc., is not to hold office or place of profit except with the consent of the company accorded by a special resolution and at remuneration as may be prescribed by the Central Government.
Below is the Notification:
[TO BE PUBLISHED IN THE GAZETTE OF INDIA PART II, SECTION 3,
SUB SECTION (i), EXTRAORDINARY]
GOVERNMENT OF INDIA
Ministry of Corporate Affairs
Notification
New Delhi the 07.07.2011
G.S.R. ……… (E). – In exercise of the powers conferred by clauses (a) and (b)
of sub-section (1) of section 642 of the Companies Act, 1956 (1 of 1956) and
all other powers hereunto enabling the Central Government hereby makes the
following rules, further to amend the Companies (Central Government’s)
General Rules and Forms, 1956 namely:-
1. Short title and commencement
(1) These rules may be called the Companies (Central Government’s)
General Rules and Forms (Amendment) Rules, 2011.
(2) They shall come into force with effect from the date of publication
in the official Gazette.
2. The existing Rule 10C shall be substituted by the following Rule 10C:
[Rule 10C. (1) The total monthly remuneration for the purpose of
clause (b) of sub-section (1) of section 314, shall not be less than rupees
fifty thousand.
(2) The total monthly remuneration, for the purpose of sub-section (1B)
of section 314, shall not be less than rupees two lakhs and fifty
thousand.]
[F No 17/174/2011-CL.V]
J.N. Tikku,
Joint Director
Note- The Principal notification was published vide number G.S.R. 432 dated 18th January 1956 and last amended vide G.S.R. 408 (E) dated the 26th May 2011.
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Section 314 of The Companies Act, 1956 states that a Director etc., is not to hold office or place of profit except with the consent of the company accorded by a special resolution and at remuneration as may be prescribed by the Central Government.
Below is the Notification:
[TO BE PUBLISHED IN THE GAZETTE OF INDIA PART II, SECTION 3,
SUB SECTION (i), EXTRAORDINARY]
GOVERNMENT OF INDIA
Ministry of Corporate Affairs
Notification
New Delhi the 07.07.2011
G.S.R. ……… (E). – In exercise of the powers conferred by clauses (a) and (b)
of sub-section (1) of section 642 of the Companies Act, 1956 (1 of 1956) and
all other powers hereunto enabling the Central Government hereby makes the
following rules, further to amend the Companies (Central Government’s)
General Rules and Forms, 1956 namely:-
1. Short title and commencement
(1) These rules may be called the Companies (Central Government’s)
General Rules and Forms (Amendment) Rules, 2011.
(2) They shall come into force with effect from the date of publication
in the official Gazette.
2. The existing Rule 10C shall be substituted by the following Rule 10C:
[Rule 10C. (1) The total monthly remuneration for the purpose of
clause (b) of sub-section (1) of section 314, shall not be less than rupees
fifty thousand.
(2) The total monthly remuneration, for the purpose of sub-section (1B)
of section 314, shall not be less than rupees two lakhs and fifty
thousand.]
[F No 17/174/2011-CL.V]
J.N. Tikku,
Joint Director
Note- The Principal notification was published vide number G.S.R. 432 dated 18th January 1956 and last amended vide G.S.R. 408 (E) dated the 26th May 2011.
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Mercantile Law for CA CPT – Section Index
Mercantile Law for CA CPT -Section Index has been Uploaded on the Website.
To Download click here
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IPCC May 2011 Solution
Information Technology and Strategic Management
Auditing & Assurance
Advanced Accounting
Law, Ethics and CommunicationLaw, Ethics and Communication
Accounting
These Solutions are not provided by ICAI these are provided by Paduka.
Auditing & Assurance
Advanced Accounting
Law, Ethics and CommunicationLaw, Ethics and Communication
Accounting
These Solutions are not provided by ICAI these are provided by Paduka.
Exemption for Graduates from CPT in Chartered Accountancy (CA) Course
The Council of ICAI has amended the norms for entry into the CA Profession and has exempted Graduates from appearing for CPT.
The details of the same are shared below:-
(a) Exemption to Graduates/CWAs/CSs from appearing for CPT
Common Proficiency Test (CPT) is now be exempted for the following candidates
(I) Any Commerce Graduates/Post-Graduates who has studied any 3 full papers of 100 marks each out of
- Accounting
- Auditing
- Mercantile Laws
- Corporate Laws
- Economics
- Management including Financial Management
- Income Tax Laws
- Indirect Tax Laws
- Costing
- Business Administration
- Management Accounting
and passed the Graduate/Post-Graduate Examination by securing an aggregate of minimum of 55% of the total marks or its equivalent grade from any recognized Universities including Open Universities.
(II) Any other Graduate/Post-Graduate not falling in the above category (i.e. Non-Commerce Graduates) who has passed the Graduation/Post-Graduation examination by securing an aggregate of minimum of 60% of the total marks in the examination or its equivalent grade from any recognized Universities including Open Universities.
(III) Any Candidate who has passed the Intermediate level examination conducted by The Institute of Cost and Works Accountants of India (ICWAI) or by The Institute of Company Secretaries of India (ICSI). It has also been decided that the above exemption would also be applicable to students who wish to pursue Accounting Technician Course of ICAI.
Provisional CPT Registration for Students pursuing Graduation Course
The students pursuing final year of graduation are also allowed to provisionally register for IPCC but appear for IPCC Exams only after appearing in the final year examination of Graduation Course.
Their provisional registration to the CA Course would be confirmed only after submission of satisfactory proof of their having passed the graduation course with the prescribed percentage of marks.
Commencement of Articleship for Graduates who are exempt from CPT
Those Students (as specified above) who are exempt from appearing for CPT are allowed to commence their Articleship Training immediately without even clearing IPCC Exams
However, candidates passing Intermediate level examination conducted by the ICWAI/ ICSI are allowed to join Articleship only after passing Group I of the IPCC Examination of the ICAI
——————————————————————————————————————————————————–
The above provisions would come into force only after approval of the Central Govt
Download Income Tax Calculator
- Download Income Tax Calculator for F.Y 2011-12-(7.7.2011)
- Download Income Tax Calculator for F.Y 2010-11-(7.7.2011)
- Download ICAI Articleship Leave Calculator-(7.7.2011)
- Download calculator-to-calculate-Capital-Gain-on-Sale-of-Shares-and-Mutual-Funds-LTCG-STCG-(7.7.2011)
To download more file click here
Answer Sheet of IPCC Student gone missing/lost
The Institute of Chartered Accountants of India
[Set up by an Act of Parliament]
ICAI BHAWAN
Post Box No.7112, ICAI BHAWAN, Indraprastha Marg
New Delhi – 110002
TO BE PUBLISHED IN PART III SECTION 4 OF THE GAZETTE OF INDIA
NOTIFICATION 4th July, 2011
No. 13-CA (EXAM)/M/2011/IV: - In continuation to the Institute’s Notification No. 13-CA (EXAM)/M/2011
dated 12th January, 2011, it is notified for the general information that Group – 1, Paper - 1 – Accounting of Integrated Professional Competence Examination held on 3rd
May - 2011 in respect of Ms. Grishma Nadiq, Roll No. – 129394 whose Answer book was reported to be missing stands cancelled. The said examination will now be held again on 25th, July, 2011 from 10.00 AM to 1.00 PM. The venue of the examination will be The Institute of Chartered Accountants of India, “ICAI Bhawan”, 16/0, Millers Tank
Bed Area, Bangalore – 560052. Admit Card already issued would remain valid.
(G. Somasekhar)
Additional Secretary (Examinations)
No announcement has been made whether her result would be declared along with the Result of other IPCC Students or would be announced later.
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