However, there is no upper age limit for taking admission in Chartered Accountancy course or clearing it. If you are academically qualified for it, you can become a CA at any age. *10 attempts to clear the CA Finals (initial registration is valid for five years, after which you can re-validate it for five more years).
The Council has extended the last attempt of CA IPCC(Intermediate (Integrated Professional Competence) to November 2020, thus students are now able to give two more attempts of CA IPCC old syllabus i.e November 2019 and May 2020. Earlier the last attempt of IPCC was May 2019.
Chartered Accountancy is one of the most popular professional courses in India. Here we are talking about the second level of CA program-the Intermediate which is not that easy to get passed and requires lots of hard work with a proper strategy to overcome the hurdle.
Want Latest Update About The ExamStart with the Accounting Standards as they are much easy compared to other topics and also very much scoring. At the Intermediate level, they will cover around 20 marks paper. From the above AS – 7, 9, 20, 26 are easiest.
Once attempted both groups & failed in both, it is really difficult to give single group as you will feel that syllabus is done & you can do this. Thus, most people eventually end up giving both groups again & again, however, so many attempts could be saved by giving single group.
There is no mention of mathematics as a compulsory subject. This means that students who haven't had mathematics subject are also eligible to pursue CA training. Sure, mathematics doesn't play a crucial role in eligibility criteria. But the subject sure is involved in the Proficiency Test and Final Level.
70% weightage is subjective and 30% weightage is objective. The objective part will contain MCQs worth 1 mark each. There will be no negative marking. The objective section is compulsory.
HOW TO CRACK CA IPCC IN JUST 10 DAYS?
- Group 1. Paper 1 – Accounting.
- Paper 2 – Law, Ethics and Communication. Go through Contract Act thoroughly and Ethics too.
- Paper 3 – Costing and Financial Management. Start with FM.
- Paper 4 – Taxation. Start with indirect taxation.
- Paper 5 – Advanced Accounting.
- Paper 6 – Auditing.
- Paper 7 – IT&SM;
- Just a general tip.
Take a short sleep around 2 hours which can rejuvenate you and you can focus on your next paper. After getting up, start Ethics and Communication, very less time consuming and most scoring part of IPCC law. It covers around 40 marks in your IPCC law paper. Complete revision of Ethics and Communication within 2 hours.
| IMPORTANT DATES |
|---|
| Last Date For Submission of Online Application | Without Late fee | With Late fee of Rs. 600/- (US Dollars $10) |
|---|
| 26th February, 2018 | 05th March, 2018 |
Students are required to complete a total of 3 years of articleship training under a CA (equivalent to internship). PS: It is mandatory for all students to complete Information Technology Training (ITT) and Orientation Program conducted by ICAI before starting Articleship.
2. IPCC Registration after Completing Graduation
| Particulars | Fee |
|---|
| Registration Fee for both Groups | 9000 |
| Articleship Registration Fees | 2000 |
| ATC (Optional) Fee | 1000 |
After clearing IPCC I group,you are eligible to enroll as article assistant & if you are both group cleared then you have to register yourself for ca-final also. After 1.5 years of your training you are eligible for GMCS training which you have to complete before applying for your membership of the institute.
Conversion is completely optional up to May 2019. They can switch to the Revised Scheme by making the payment of Conversion charges of Rs 1000/- (US$50). Thereafter ICAI will dispatch the study material to the students free of cost but only transportation charges will have to be borne by the students themselves.
CA Course Fees in India for Foundation Level
| S.No. | Details of Fees | Rupees (For Indian Students) |
|---|
| 2. | CA Foundation Registration Fees | 9000 |
| 3. | Subscription Fees for Student's Journal (Optional) | 200 |
| 4. | Subscription Fees for Member's Journal (Optional) | 400 |
| Total | 9800 |
So we have sufficient time for exam preparation. ICAI already had declared CA IPCC results of May 2018. Just follow this study plan, you can crack your CA IPCC exam in your 1st attempt easily. You can adjust this study plan from 3 months to 2 months.
The CA IPCC syllabus is huge and you need to approach it meticulously and strategically. You need to study at least 12 to 15 hours a day, split into 3 hours of study with small breaks. Avoid all distractions. Until you complete the exam, plan your daily schedule split into two parts, study, and sleep.
Though this varies from person to person. So the conclusion is being doctor is much more tough than being a CA. Specially when you are studying in a government medical College( internship and residency program will eat your health). But if you just want to pass MBBS not more than that then ca is more difficult.
We can definitely complete our preparation in 2 ½ months very easily. In this 2 ½ months preparation you have to do 3 times of revision for CA IPCC exams. The study plan for CA IPCC exam preparation is as below.
Yes , you can pass IPCC without going to any coaching classes.
In one month, you can not prepare every topic in the CA IPCC course. So have a look on CA IPCC Syllabus and weightage. Prepare only high weightage and easy topics. Some topics are very easy to prepare and have more weightage than other topics.
To clear the CA exam in one attempt, candidates should have a positive attitude. They should be self-motivated to study all the time. To rank in the CA exam candidates should plan to study for at least 10 to 15 hours per day. CA candidates must prepare their own short notes for every topic of the entire syllabus.
The answer is NO. The CA exam requires smart study and the study based on study material and scanner. He was an average student since his academic and my family never thought that he can ever crack the CA exam.
I cleared my IPCC in 15 days as I was pretty sure if I strengthen my weakness, I will clear. So, the crash course helped me to overcome the 40 marks hurdle in Paper 2- Cost/Fm and I got exemption in Accounting as planned. Got 205 in grp 1 and 145 in grp 2. Study in your productive time periods.
CA IPCC consists of 2 groups and one can clear the exams either both group together at a time or only one group at a time. Sometimes it can possible that a student had honestly done his preparation but the questions asked in the exams are tough.
If you want to achieve an impressive rank in CA IPCC Examination, you need to fulfill the following criteria
- You should have passed both groups (Group 1 and Group 2) in one go.
- You should have scored at least 55 percent marks.
- You should have scored in the Top 50 to attain a good rank.
I am here to share a strategy to crack CA Final Exam in First Attempt and study plan. 1. First thing first, you should have at least a period of 6 month to prepare. One should go for in depth study at first reading; it would make you to learn all the topic of the subjects.
Study TimeAround 1-2 hours per day. Rule of Thumb: 2 hours of study per 1 hour of class; if going full time (12 hours), that equals 24 hours of studying per week, AND don't forget your part-time or full-time job! That could easily add up to more than 40 hours a week!
To clear the CA IPCC exam in one attempt, candidates should have a positive attitude. They should be self-motivated to study all the time. To rank in the CA IPCC exam candidates should plan to study for at least 10 to 15 hours per day. CA IPCC candidates should make a study plan, and should strictly follow that plan.
If you do regular studies from the day you have been registered in foundation, intermediate or final level, you would definitely be able to complete your class material at a reasonable time and then can practice the problems from the practice Manual and see if you have any topic left or untouched and can cover it
To crack this exam, you must revise atleast three times the entire course. Most of the students who have joined their articleship can give only 3-4 hours to their study and full day only on sunday or some holiday. You have 2.5 months to prepare for group – 2.
Articleship Stipend paid by the Big 4's
| 1st year | 2nd year | 3rd year |
|---|
| 12,000 | 16,000 | 20,000 |
