Conversion from CPT / IPCC to Direct Entry Scheme

Hi Friends, as you all know that ICAI has introduced a new scheme for Graduates i.e. Direct Entry Scheme in which CPT is exempt for Graduades.

But students who are already registered under IPCC are worried about what to do if they already completed their Graduation....But now no need to worry they had an option of conversion. i.e. The student who has been already registered under IPCC and also completed their Graduation can go for conversion of IPCC into Direct Entry Scheme

Advantages

  • The student can directly go to Articles.
  • They will have a good practical knowledge regarding subject before giving their IPCC attempt.
  • The Articleship period will be considered in the prescribed limit of Articleship by ICAI i.e. 3 years.

Fee Structure for Already Existing IPCC Student

The Candidate who is a Graduates/ Post Graduates with prescribed percentage of Marks-Required to Register for Both Groups,if not registered earlier (With Articles)
Registration Options
Group I
Group II
Accounting
Technician
Course
Conversion Fee
500
500
500
Registration Fee for Both Groups
--
--
--
Registration Fee for 1st Group / 2nd Group
7000
6000
--
Articled Registration Fee, payable
for joining the Articled Training/
Work Experience under ATC
Accounting Technician Course
(Optional)
2000





1000
2000





1000
2000





8000
Payable Saperately



Orientation Course Fee**
3000
3000
3000
IT Training Course Fee**
4000
4000
4000

** Students shall be required to pay Orientation Course Fee and IT Training Course fee separately while registering for the courses to the concerned Regional/ Branch office, where student is intended to
undergo these courses.

Already Existing CPT Students



Existing CPT Students who are

Registration Options
Graduates/ Post
Graduates with
prescribed percentage
of Marks - Required to
Register for Both Groups
(With Articles)
Intermediate level Examination passed
students of The Institute of Cost
Accountants of India/ The Institute of
Company Secretaries of India
Accounting
Technician
Course

Both Groups
Both Groups
1st Group

Conversion Fee
500

500

500

500
Registration Fee for Both Groups
9000
9000

--
Registration Fee for 1st Group / 2nd Group


8000
--
Articled Registration Fee, payable
for joining the Articled Training/
Work Experience under ATC
Accounting Technician Course
(Optional)
2000





1000
2000*





1000
2000*





1000
2000




8000
Payable Saperately




Orientation Course Fee**
3000
3000
3000
3000
IT Training Course Fee**
4000
4000
4000
4000

* Articled Registration fee shall be payable while joining for the Articled Training.
** Students shall be required to pay Orientation Course Fee and IT Training Course fee separately while registering for the courses to the concerned Regional/ Branch office, where student is intended to
undergo these courses.

10 comments:

  1. HI SIR
    I WANT SOME SUGGESTION REGARDING THE DIRECT SCHEME
    IF ANY STUDENT WHO HAS CLEARED CPT IN 2010 AND IS REGISTERED WITH BOS IPCC BOTH GROUP & HAS ALSO COMPLETED O.P & ITT TRAINING.
    SO SIR WHETHER THE STUDENT SHOULD ADOPT THE DIRECT SCHEME OR CONTINUE WITH UPCOMING NOV.13 ATTEMPT..??
    SIR DO RPLY SOON..

    ReplyDelete
  2. Srujitha ManchikantiAugust 24, 2013 at 8:27 AM

    HI Saima Shamim sorry for the late.....if u have any queries regarding this u can directly contact me on Facebook also https://www.facebook.com/Srujitha.Manchikanti ...so that i can give more clear explanation,....if u have completed your degree u can go for direct entry than giving this nov attempt because it gives u more practical knowledge and one thing have u completed any of the groups i need clarity.....??? contact me on facebook i could clarify u with better stuff...

    ReplyDelete
  3. HIII SIR I WANT TO CONVERSION FROM CPT TO IPCC. I ALREADY COMPLETED MY GRADUATION. AND I ALSO COMPLETED OT AND ITT TRAING .
    I DONT KNOW WHICH FORM I FILL

    PLEASE SEND ME A CONVERSION FORM OF CPT TO IPCC ON MY EMAIL ID
    MY EMAIL ID IS kaushikkokane@gmail.com

    ReplyDelete
  4. SOMEBODY SAYING THE CONVERTION OR DIERECT ENTRY SCHEME ARE GOING TO STOP IS IT CORRECT ?
    \

    ReplyDelete
    Replies
    1. Hai Shaji....As of now nothing like that is taking place.....if any thing regarding this issue will inform u definitely.....

      Delete
  5. Hello sir. Im doing my final year B.com final semester. Wanna do provisional registration. But as I have already attempted cpt twice but couldn't clear, I have to do conversion. So now, in the application form, should I mark provisional registration or conversion?? Please reply me soon sir

    ReplyDelete
    Replies
    1. Hi Vinitha....First convert from CPT to Direct entry...and then when your filling this form given here for conversion http://www.casimplified.com/2013/07/Procedure-for-Registration-Under-Direct-Entry-Scheme.html mark Provisional. As the form says that if u r converting from IPCC to direct entry then go for Conversion but as u r converting from CPT go for provisional. For more queries please contact me on https://www.facebook.com/Srujitha.Manchikanti :)

      Delete
  6. Hello sir. i am gave final year Bcom exam (6 semester) in 2014, my result is declare after may . sir can you please tell me, i am eligible for ipcc registration or not.

    ReplyDelete
  7. hi,i am waiting for my BBA results,how can i register to ipcc through direct entry scheme? and is it necessary that, i must do articlesship only after registration to ipcc.
    pls help me sir

    ReplyDelete
  8. HII I HAVE COMPLETED MY B.COM AND I HAVE REGISTERED IPCC FROM DIRECT ENTRY SCEME BUT I DIDNT PAID CONVERSION FEE. SO WHAT SHOULD I HAVE TO DO SIR TO PAY THE CONVERSION FEE?? PLZ HELP ME SIR....

    ReplyDelete