Examination

Official ICAI content, updates, and references for Examination.

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Examination

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PROFESSIONAL COMPETENCE EXAMINATION

The Chartered Accountants Professional Competence Examination is held twice every year in the months of May and November. It comprises of two groups. Candidate can appear, at one sitting, for both groups / group - I / group - II as the case may be subject to fulfillment of eligibility condition. Each group comprises of three papers as detailed below

GROUP - I

Paper - 1
Advanced Accounting

Paper - 2
Auditing and Assurance

Paper - 3
Law, Ethics and Communication

GROUP - II

Paper - 4
Cost Accounting and Financial Management

Paper - 5
Taxation

Paper - 6
Information Technology and Strategic Management

(For further details, reference may be made to the study material of the Institute and the Chartered Accountants Regulations, 1988).

2.1    Eligibility

No candidate shall be admitted to Professional Competence Examination unless:
(a) he has passed Common Proficiency Test held under the Chartered Accountants Regulations, 1988 and Senior Secondary Examination (10+2 examination) conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto; and

(b) he has worked for not less than fifteen months as an articled assistant or as an audit assistant or partly as an articled assistant and partly as an audit assistant, three months prior to the first day of the month in which examination is held e.g. on 1st August, 2009 for the November, 2009 Professional Competence Examination; and

(c) he has successfully completed a course on Information Technology Training for such period and in such manner and within such time as may be specified by the Council from time to time;

provided that, a candidate who has passed Foundation Examination/Professional Education (Examination-I) and successfully completed the Computer Training Programme or Information Technology Training under these Regulations shall be admitted to the examination subject to compliance of clause (b) above.

The implications of above paragraphs are clarified below for general information of candidates to appear in Professional Competence Examination to be held in NOVEMBER, 2009;

The eligibility requirements for appearing in Professional Competence Examination to be held in November, 2009 are as under:-

Category 1: PE-II Students who have passed Foundation Examination
or
Category-2: PE-II Students who have passed PE-I Examination
or
Category-3: All such students who have already appeared in PE-II Examination and passed one of the groups or could not pass any of the groups or were eligible to appear in the PE-II Examination, as on 13th September, 2006
or
Category-4: All such candidates who have passed the Common Proficiency Test (CPT) conducted by ICAI and Senior Secondary Examination (10+2 examination) conducted by an examining body constituted by Law in India or an examination recognized by the Central Government as an equivalent thereto AND have worked for not less than 15 months as an articled assistant or as an audit assistant or partly as an articled assistant and partly as an audit assistant as on 1st August, 2009.
or
Category-5: All such candidates who have passed the Professional Education (Examination- I) and directly admitted to the Professional Competence Course (PCC) AND have worked for not less than 15 months as an articled assistant or as an audit assistant or partly as an articled assistant and partly as an audit assistant as on 1st August, 2009.
and
All students of category 1,2,3,4 & 5 above should also successfully complete 250 Hours Compulsory Computer Training Programme/100 Hours Information Training Programme as on 15th January, 2010 .

For full details, refer to the relevant provisions of the Chartered Accountants Regulations, 1988

2.2    APPLICATION AND FEE

2.2.1.     ANNOUNCEMENT REGARDING THE HOLDING OF EXAMINATION

Announcement regarding holding of examination and issue of application form for admission to Chartered Accountants Examination is normally published in the second fortnight of the months of January and July in leading daily newspapers as well as in the Chartered Accountant Student newsletter of the Institute. The announcement is also displayed on the notice board of the Institute at New Delhi, Decentralised Offices and Branches of the Regional Councils of the Institute and in the Institute's WEBSITE under the head ANNOUNCEMENTS in students section.

HOW TO GET AN EXAMINATION APPLICATION FORM

Application forms are generally available during the first week of February/August every year. Applications can personally be obtained from the Institute's office at New Delhi, Decentralised Offices at Mumbai, Kolkata, Kanpur, Chennai, Ahemedabad, Bangalore, Pune, Hyderabad, and Jaipur and available in all Branches of the Institute. Special arrangements are also made at New Delhi, Mumbai and Kolkata to sell application forms from different places in the city, which will be notified before the commencement of the sale of application form. Candidates desirous of getting application form through post should send a request to the Additional Secretary (Exams) ICAI, ICAI Bhawan, Post Box No: 7112 New Delhi 110 002 with the requisite fee of Rs.100/- per application form in the form of Demand Draft drawn in favour of the Secretary, The Institute of Chartered Accountants of India, payable at New Delhi along with a self addressed stamped envelope affixing postal stamps worth Rs.25/-. For more details please click on to GENERAL - NOTIFICATION.

2.2.2     FEE STRUCTURE

THE FOLLOWING IS THE FEE STRUCTURE FOR PROFESSIONAL COMPETENCE EXAMINATION

FEE FOR BOTH GROUPS - Rs.1600/-

FEE FOR ONE GROUP - Rs.1000/-

FEE FOR CANDIDATES OPTING FOR ABU DHABI AND DUBAI (U.A.E.) CENTERS will be US Dollars $350 or its equivalent Indian Currency irrespective of whether a candidate appears in a Group or Both Groups. The fee for candidates opting for Kathmandu (Nepal) centre are required to remit Rs. 2,250/- or its equivalent relevant foreign currency irrespective of whether a candidate appears in a single group or both groups.

Note: Students are advised not to send any fee other than the examination fee along with Examination application form.

LATE FEE - Rs. 500/-

2.2.3    Mode of Payment of Fee:

The Examination fee should be paid only by way of Demand Draft drawn on any scheduled bank in favour of THE SECRETARY, THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA, PAYABLE AT NEW DELHI. NOTE:THE DEMAND DRAFT SHOULD NOT BE STAPLED OR PINNED TO THE OMR APPLICATION FORM AND A GEM CLIP MAY BE USED FOR THE PURPOSE.

While collecting the Demand Draft from Bank, candidates should verify the following details:
1.That the Demand Draft has been dated, signed and the Code No. of the signatory/ies are indicated.
2.The name of the Issuing Bank Branch and its Code No. are indicated
Candidates are also advised to furnish the following details on the back of the Demand Draft:
  • Name
  • Bar Code of the OMR application form
  • Registration Number
  • Center Opted (with zone, if applicable)
Alternatively the candidate may fill up the examination form on line at http://www.icaiexam.icai.org and remit the fee and late fee as applicable online by using Credit Card, either VISA or Mastercard.

2.2.4     How the application should reach the Institute?

(A) By Post:

The application, with Demand draft of any scheduled bank be sent by Speed Post/Registered Post only in the specified envelope attached to form to the Additional Secretary (Exams) of the Institute at ICAI Bhawan, Indraprastha Marg, New Delhi-110 002. Candidates are advised to retain the receipt issued by Post Office till the receipt of Admit Card. Candidates are advised not to send the application through any courier. The receipt issued by private courier will not be given any credence if the application is not received in the Institute.

(B) BY HAND:

Special arrangements are made for receipt of applications at Ahmedabad, Bangalore, Hyderabad, Pune, Jaipur, Mumbai, Chennai, Kolkata, Kanpur and New Delhi.

The Head Office and Decentralised Offices of the Institute stated below will accept applications till the prescribed last date and will issue acknowledgement. The students are advised to retain the acknowledgement so given. Candidates are advised to avail of this facility.

DECENTRALISED OFFICES

MUMBAI
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
ICAI BHAWAN
"ANVESHAK"27,
CUFFE PARADE,
COLABA
M U M B A I - 400 005

KOLKATA
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
ICAI BHAWAN
7, ANANDILAL PODDAR SARANI
K O L K A T A - 700 007

CHENNAI
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
ICAI BHAWAN
122, MAHATMA GANDHI ROAD
NUNGAMBAKKAM
CHENNAI - 600 034

KANPUR
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
ICAI BHAWAN
16/77B, CIVIL LINES
BEHIND-RESERVE BANK OF INDIA
KANPUR - 208 001

DELHI
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
ICAI BHAWAN
52-54, VISHWAS NAGAR
SHAHADRA
DELHI - 110032

AHMEDABAD
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
ICAI BHAWAN
123, SARDAR PATEL COLONY
NAVJIVAN
PO NARANPURA
AHMEDABAD - 380014

BANGALORE
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
ICAI BHAWAN
NO.16/0, MILLERS TANK BED AREA
BANGALORE - 560 052

HYDERABAD
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
ICAI BHAWAN
11-5-389/C, RED HILLS
HYDERABAD - 500 004

PUNE
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
ICAI BHAWAN
AMBER CHAMBERS,
5TH FLOOR
28/A, BUDHWAR PETH
PUNE - 411 002

JAIPUR
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
ICAI BHAWAN
D-1, INSTITUTIONAL AREA
JHALANA DOONGRI
JAIPUR - 302 004

HEAD OFFICE
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
ICAI BHAWAN
INDRAPRASTHA MARG (NEAR - INCOME TAX OFFICE)
POST BOX NO. 7112, NEW DELHI - 110 002

2.2.5     Application should be complete in all respects, or otherwise it is liable to be rejected.

COMMON PROFICIENCY TEST

Common Proficiency Test is an entry level examination for admission to the Chartered Accountancy Course. A 10th Passed student can register for CPT Course by filling in the prescribed registration form along with the requisite fee. A student who has passed higher qualifications than 10th class such as B.Com, M.Com, LL.B., ICWA, CS, MBA is also, in the first instance, to appear and pass CPT Examination to join the Chartered Accountancy Course.

CPT Examination is objective type test comprising of 4 subjects which are: -
(a) Fundamentals of Accounting � 60 marks,
(b) Mercantile Laws � 40 marks,
(c) General Economics � 50 marks and
(d) Quantitative Aptitude - 50 marks.

The CPT Examination is held twice a year on a Sunday in the months of June and December every year. A student to be eligible to appear in the CPT Examination must have been registered for the CPT Course with Board of Studies of the Institute on or before 1st October, 2008 for December Examination and must have passed 12th Class Examination or already appeared in 12th Class Examination of a recognized Board. The Examination Form is available on payment of Rs. 400/- (inclusive of the examination fee)  in the 1st week of October 2008 for the December Examination from all Regional /Branch Offices of the Institute in the country.

Candidates have option to opt for English or Hindi language as medium, for the purpose of question papers booklet while answer sheets are in English Language only. Each student who appears in the CPT Examination is issued a Result Card within two weeks of the declaration of results. No Pass Certificate as such is issued to CPT pass students.

A candidate securing 70% and above marks is declared to have passed with Distinction. A candidate securing a minimum of 60% marks in order of merit up to 10th Rank are included in the Merit List and Merit Certificate to such candidates are also issued.

A candidate who is not satisfied with the result of his appearance in the CPT Examination can apply for verification of his answer sheets in accordance with Regulation 39(4) of the CA Regulations 1988 within a month of the declaration of the result by making a request under his signature along with a fee of Rs. 200/- by way of Demand Draft drawn in favour of Secretary, ICAI, Payable at New Delhi. Though all efforts are made to inform the outcome of the verification within 3-4 weeks of the receipt of the request letter of the student, however, no assurance could be given and the candidates are advised to submit the Examination Form for the next Examination within the prescribed date, if they so wish. For any further enquiry relating to examination matters you can write to:

 

Senior Joint Secretary (Exams.)
The Institute of Chartered Accountants of India,
ICAI Bhawan,
C-1 Sector-1
Noida 201 301.
Telephone No. 3054806 (D) 3989398 Ext.806,
Fax 0120-3054843/841,
E-mail : cpt_exam[at]icai[dot]org

Other Facilities

  • The Institute’s Reading Rooms/ Libraries/ Additional Reading Rooms are established across the country by the Regional Offices as well as Branches to provide conducive reading environment to the students to help them concentrate on their studies by charging nominal fee.

  • The Board of Studies publishes a monthly Journal for the students "The Chartered Accountant Student". Articles relevant to the students on various aspects of different subjects covered by the syllabus, relevant circulars/ notifications, academic updates, etc. are published in the Journal. This Students' Journal is supplied freely to all articled/ audit clerks during the period of their training and it is supplied to Professional Education Course students as well. The total free eligibility period is 42 months during the entire course. The Foundation level students have to subscribe for the Journal by paying an annual subscription of Rs.200/- . After the expiry of free period students can also subscribe to the Journal by paying a demand draft of Rs.200 in favour of "The Secretary, The Institute of Chartered Accountants of India". The DD along with the Subscription form is to be sent to The Director, Board of Studies, A-29, Sector-62, Noida-201 309. Students should cultivate the habit of reading the Students' Journal on a regular basis.

ICAI - Announcement

Sub: UPWARD REVISION OF VERIFICATION FEE OF THE CHARTERED ACCOUNTANTS EXAMINATIONS
The Council of the Institute has decided to increase the verification fee of answer books of the Chartered Accountants Examinations and accordingly , the revised verification fee will be Rs. 100/- per paper, subject to a maximum of Rs. 400/- effective from November 2008 Chartered Accountants Examinations.
 
Candidates intending to apply for verification of answer books after the declaration of results of June 2009 CA Examinations may kindly note the above change in verification fee and pay the revised fee as indicated above alongwith the application for verification of answer books.
 
(G. Somasekhar)
Additional Secretary (Exams)
 

Announcement

Results of the CA Professional Education - II and Professional Competence Examinations held in May, 2008 are likely to be declared on Wednesday, the 30th July, 2008 around 12 Noon

July 17, 2008

The results of the Chartered Accountants Professional Education - II and Professional Competence Examinations held in May, 2008 are likely to be declared on Wednesday, the 30th July, 2008 around 12 Noon 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) on all India basis will be available on the following website:

 

http://www.caresults.nic.in

 

Arrangements have also been made for the students desirous of having results on their e-mail addresses to pre-register their requests at the above website, i.e., http://www.caresults.nic.in from 24th July, 2008. 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 Professional Education – II and Professional Competence Examinations held in May, 2008 desirous of knowing their results with marks on SMS. The service will be available through MTNL, India Times and Reliance.

 

For getting results through message students should type:

 

(i)  for Professional Education - II Examination result the following

 

CAPE2(Space)XXXXX (Where XXXXX is the five digit PE II examination roll number of the candidate)

 

e.g. CAPE2 00171

 

(ii)  for Professional Competence Examination result the following

 

CAPCE(Space)XXXXX (where XXXXX is the five digit PCE examination roll number of the candidate)

 

e.g. CAPCE 00197

 

and send the message to

 

52001

-for DOLPHIN AND TRUMP users only

58888

-for all mobile services - India Times

 

51234 ]

for Reliance subscribers (Also accessible through R-World and Voice Portal – To call 51234815 from Reliance Mobiles)

(G. SOMASEKHAR)
SR. JOINT SECRETARY (EXAMS.)

Announcement

Results of the MAC (Part-I), TMC (Part-I), CMC (Part-I) IRM and ITL & WTO Examinations held in May, 2008 and the ISA AT held on 21st June, 2008 are likely to be declared on 30th July, 2008 around 12 Noon

July 17, 2008

The results of the Management Accountancy Course (Part-I), Tax Management Course (Part-I), Corporate Management Course (Part-I) Insurance and Risk Management [IRM] and International Trade Laws & World Trade Organisation [ITL & WTO] Examinations held in May, 2008 and the Information Systems Audit [ISA] Assessment Test held on 21st June, 2008 are likely to be declared on 30th July, 2008 around 12 Noon at the Institute’s office at New Delhi.

 

The result of the above Examinations/Assessment Test will be available on the Institute’s website www.icai.org.in

 

(G. SOMASEKHAR)
SR. JOINT SECRETARY (EXAMS.)