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Exclusion of Certain Topics in the CA Final Examination to be held in November, 2011 and Thereafter


IMPORTANT ANNOUNCEMENT
BoS/Announcement/227/11
June 23, 2011
Sub: Exclusion of certain topics in the CA Final Examination to be held in November,
2011 and thereafter
-------
On a review of the syllabus for the Final Course, the Council has decided to exclude the
following topics from the Final Examination to be held in November, 2011 and thereafter:-
Paper 1 Financial Reporting
- Inflation Accounting
Paper 5 Advanced Management Accounting
- Time Series Analysis; and
- Test of Hypothesis.
Students are advised to note the change.
Director, Board of Studies

Period of Validation of Registration in Chartered Accountancy Course


Important Announcement for Chartered Accountancy Course Students
BoS/Announcement/227/11 June 23, 2011
Sub: Period of Validation of Registration in Chartered Accountancy Course
-------------
In order to streamline the period of validity of registration for Common Proficiency
Course (CPC), Professional Competence Course (PCC)/ Integrated Professional Competence
Course (IPCC) and Final levels of Chartered Accountancy Course, the Council at its 303rd
Meeting held on February 10-12, 2011decided as under:


CPT students:
 Initial registration for Common Proficiency Course (CPC) is valid for 3 years.
 Revalidation of registration shall be done for further period of 3 years before
expiry of initial registration. Students who have got their registration revalidated
with the concerned Decentralised Offices may have the registration revalidated
every 3 years after the expiry of the earlier revalidated period.
 Fee for revalidation is Rs. 300/- for each revalidation.
 Students are required to ensure before applying for admission to CPT examination
that they have valid registration.
 CPT students who have registered on or before 30th November, 2008 are required
to revalidate their registration before applying for December, 2011 CPT examination.


PCC/IPCC students:
 Initial registration for Professional Competence Course (PCC)/ Integrated
Professional Competence Course (IPCC) is valid for 4 years.
 Revalidation of registration shall be done for further period of 4 years before
expiry of initial registration. Students who have got their registration revalidated
with the concerned Decentralised Offices may have the registration revalidated
every 4 years after the expiry of the earlier revalidated period.
 Fee for revalidation is Rs. 400/- for each revalidation.
 Students are required to ensure before applying for admission to PCC/ IPCC
examination that they valid registration.
 PCC students who have registered on or before 31st October, 2007 are required to
revalidate their registration before applying for November, 2011 PCC examination. Students who have registered in Intermediate or Professional Education (Course-II)
are required to switchover to Integrated Professional Competence Course (IPCC) in
order to continue their studies in chartered accountancy course.


Final students:
 Initial registration for Final Course is valid for 5 years.
 Revalidation of registration shall be done for further period of 5 years before
expiry of initial registration. Students who have got their registration revalidated
with the concerned Decentralised Offices may have the registration revalidated
every 5 years after the expiry of the earlier revalidated period.
 Fee for revalidation is Rs. 500/- for every revalidation.
 Students are required to ensure before applying for admission to Final examination
that they have valid registration.
 Final students who have registered on or before 31st October, 2006 are required to
revalidate their registration before applying for November, 2011 Final examination.


It may be noted that if a student appears in the CPT or PCC/IPCC or Final
examination without having valid registration, he shall have to pay a penal fee of
Rs. 250/- (in addition to the prescribed revalidation fee with retrospective effect)
within 30 days prior to the date of declaration of results.


Candidates, whose period of initial registration has expired, may apply for
revalidation by making an application on plain paper, together with the prescribed
fee by way of Demand Draft drawn in favour of “The Secretary, The Institute of
Chartered Accountants of India, payable at Mumbai/ Chennai/ Kolkata/ Kanpur/
Delhi” as the case may be and forward the same to the Decentralised Office
concerned at Mumbai, Chennai, Kolkata, Kanpur and Delhi.


The above decision of the Council shall be applicable from November/
December, 2011 examination onwards.
Director, Board of Studies
To Download File Click here

Extension of date for registration for Integrated Professional Competence Course (IPCC)



IMPORTANT ANNOUNCEMENT
BoS/Announcement/227/11
June 23, 2011
Sub: Extension of date for registration for Integrated Professional
Competence Course (IPCC)
-------
In order to mitigate the hardship being faced by the students in registering for Integrated Professional Competence Course (IPCC), the Council at its 306thMeeting held from 7-9th June, 2011 decided that candidates who register for Integrated ProfessionalCompetence Course (IPCC) in the respective Decentralized Office on or before 16thAugust, 2011 would be eligible to appear in the Integrated Professional Competence Examination (IPCE) to be held in May, 2012.

Students are therefore advised to ensure that the registration papers are submitted to
the respective Decentralized Offices of the Institute latest by 16th August, 2011 so as to
be eligible to appear for Integrated Professional Competence Examination (IPCE) to be held in May, 2012.
Students are also advised not to wait for CPT marks statement to be received from the Examination Division for registration for IPCC but proceed for IPCC registration with a copy of the downloaded CPT marks statement.
Director, Board of Studies

List of CA Institute’s Publications Relevant for Nov 2011 Examination

ICAI Convocation (I) - 2011 - (21-06-2011)

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December, 2011 CS Examination Time Table & Programme

Are 100% Marks Cut-Off at SRCC Justified



With the way the cut-off percentages for admission into the prestigious colleges of Delhi University was rising, we all knew that 100% Cut-Off Percentage was not far away. But no-one knew that it could come so soon making a mockery of the exams conducted by the CBSE.
Yes, it’s true; the first list declared by SRCC for admission into Graduation Courses at SRCC is 100% (best of 4 subjects) for Science Students.
15 06 pg01a 550x532 Are 100% Marks Cut Off at SRCC Justified
SRCC and Delhi University are one of the most trended topics today on twitter which is a clear indication of the fact that this cut-off has come as a shocker to the whole country.
SRCC Principal, Mr. P C Jain went on record saying that we can’t help it. If CBSE keeps on awarding marks to students in this manner we are duty bound to increase the cut-off’s. We have limited number of seats and can’t admit students more than the number of seats so the cut-off’s had to be increased.
But are such high cut-off percentages justified and who is to be blamed for the same? This question does pop-up every year in the mind of each individual but the answer to the same still remains unanswered.

Graduates with high marks exempted from CPT

 ICAI President Said that Graduates with high marks exempted from CPT.The above article has been posted on the ICAI Website.Official Announcement is yet to be made.

CA aspirants need not clear CPT


NAGPUR: The Indian Chartered Accountants of India (ICAI) has relaxed the norms for students aspiring to become chartered accountants. Until now an aspirant had to clear common proficiency test for chartered accountancy (CPT) after Std XII or graduation. Now there is an option of becoming a CA without clearing CPT. The existing option will continue to be available.
ICAI president G Ramaswamy told the media on Saturday that students who have completed two years of graduation can directly appear for Intermediate Proficiency Competency Course (IPCC) - which is the final step in becoming a CA - after doing apprenticeship. Even those students who have not appeared for Std XII exam but have done a diploma and a vocational course followed by two years of graduation also need not appear for CPT.
Ramaswamy further said that ICAI would not provide question papers to students 15 minutes before the examination began so that they go through the question papers and strategize their answers.
Presently, application forms for enrolling for CPT course are available at five certified registration centres (CRCs) in India. In order to facilitate students, the ICAI has decided to launch online CPT registration facility through CRCs where students across the country can register themselves for the CPT course by simply walking into the local ICAI office and pay the fee online (through credit or debit card).
The examination department of ICAI had implemented an automation process covering the coding, attendance data capturing, reconciliation and capturing of marks (after evaluation by examiners), tabulation, etc, Ramaswamy said.
ICAI Nagpur chief Kavita Loya said that the organization had entered into an MOU with several universities and was in the process of tying up with many others. CA Julfesh Shah said that ICAI was extending support to Omani finance professionals and was working on a tie up with its counterpart in New Zealand.
This was announced by ICAI President in a meeting. But it is yet to announced by Board of Studies Officially in ICAI website

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