IPCC Regestration

The IPCC exam conducted by ICAI is an intermediate level in CA entrance exam. Aspirants clearing the foundation level exam are eligible for ICAI IPCC registration.

ICAI IPCC 2022 - Registration Process, Exam Dates, Fees & Eligibility

ICAI IPCC registration process 2022 has now begun, the Integrated Professional Competence Course (IPCC) is the intermediate level examination in the CA entrance exam conducted by the ICAI. All the aspirants clearing the CA foundation level exam are eligible for ICAI IPCC registration.

In India, all the chartered accountants will be a part of ICAI and make sure that all the companies of the country have fair accounts and pay the taxes appropriately. The recruitment of the new CAs is also done and controlled by ICAI.

Table of Contents

ICAI IPCC Registration Process
IPCC Registration Fee
IPCC Eligibility
IPCC Documents Required
IPCC Exam Dates 2022
IPCC Exam Pattern
ICAI IPCC Updated Syllabus 2022
What is IPCC?

ICAI IPCC Registration Process

If you complete a UG degree in commerce or other related subjects, you will have direct eligibility for IPCC without CPT. But a majority of the candidates choose the first way by clearing the CPT in 6 months or 1 year and getting to IPCC rather than spending 3 years in a UG course and then coming to IPCC.

The step-wise process of IPCC registration is as follows.

Visit the official website of ICAI or you can visit Getmyuni as we will be updating the direct link for the application form on the official website once the notification is out.
Click on the "Course registration forms" option, which will be under the student's section on the home page of the official website.
The candidate has to first register himself by giving his details like Name, Gender, DOB, Email ID, Mobile number, etc.
You will receive an OTP to the registered mobile number.
You have to log in with the registered email address and OTP.
Once you have logged in, you will get a form which will as for the following details: Father’s Name, Mother’s Name, Your complete address, City, Pin code, Category, Nationality
After filling in all the above-mentioned details, the candidates will be asked to update soft copies of all the documents that are required.
After the documents are updated, you will be asked for the payment of the registration fee.

IPCC Registration Fee

Once the IPCC registration fee is paid, the registration process will be completed. The candidates will be receiving the hall tickets and center codes shortly after the registration process.

The registration fee for the IPCC is given in the below table in a detailed way.

Details of Fees	Both Groups (INR)	Single Groups (INR)
Registration Fee	15000	11000
Student’s Activity Fee	2000	2000
Registration Fee as Article Assistant	1000	-
Total Fees	18000	13000

The registration fee for foreign students is given below.

Groups	Total Fees
Group 1/2	$600
Both Groups	$1,000

IPCC Eligibility

In order to sit for the examination, one must meet all the pointers in the criteria mentioned. If one fails to meet even one of the mentioned, you will be deemed unfit for the examination.

The IPCC can be done in two different ways.

By clearing the Foundation level exam or CPT.
By completing your UG degree course under the commerce stream.

The candidates must have a minimum score of 55% in their UG courses.
If the candidate has completed intermediate exams of courses like company secretaryship and cost accountancy are also eligible for this IPCC examination.
The graduation or post-graduation must have at least three of any of the following subjects:

Accounting
Auditing
Mercantile Laws
Corporate Laws
Economics
Management (inc. Financial Management)
Taxation (inc. Direct Tax Laws and Indirect Tax Laws)
Costing, Business Administration or Management Accounting (or similar subjects with different nomenclatures)

IPCC Documents Required

Candidates from CPT have to upload a soft copy of the attested 12th mark sheet to submit the application form.

Here is the list of other documents that are required to be updated during the registration procedure.

Any of the central government recognized exam pass certificates.
The graduation students without CPT have to upload an attested soft copy of their graduation certificates
A soft copy of the passport size photograph of the candidate
An attested soft copy of nationality certificate in case, if the candidate is a foreigner.
In case of any caste-based reservations, the candidate has to update an attested soft copy of SC/ST or OBC or Differently abled certificates.

IPCC Exam Dates

Due to the pandemic, the IPCC exam for the year 2021 was conducted on 6th July 2021, which was supposed to be conducted in May 2021. The Institution of Chartered Accountants of India (ICAI) has now been released.

Events	Dates
Application Release Date	21 February 2022
Application Last Date	13 March 2022
IPCC Group 1 Exam Date	15-22 May 2022
IPCC Group 2 Exam Date	24-30 May 2022

IPCC Exam Pattern

The IPCC exam covers a total of 7 subjects. And these 7 subjects are divided into two groups respectively.

Below are the details of the IPCC exam pattern.

The two groups include Group 1 and 2.
Group 1 has 4 subjects and group 2 has 3 subjects.

Accounting, Laws, ethics and communication, Cost accounting and Financial Management, and Taxation are the subjects in Group 1
Advanced Accounting, Auditing and Assurance, and Information Technology and Strategic Management are subjects in Group 2.

Group 1 is for a total of 400 marks with 100 marks for each subject. Candidates have to achieve at least 50% out of the total marks of 400 and also have to pass in each subject
If the candidate passes in all the subjects but fails to 50% aggregate out of 400, the candidates have to give reattempt for all the 4 subjects.
If the candidate achieves the 50% aggregate score but failed to pass in a single subject, then also the candidate have to reattempt all the subjects again.
Group 2 is for the toa marks of 300 with each subject carrying 100 marks each.
The conditions for group 2 are also the same as that of group 2.

Note: Candidates will have the option to attempt each group at a time and also to attempt both groups at once.

ICAI IPCC Updated Syllabus 2022

The exam contains 7 papers, and each paper is topic-specific. The papers are divided into two groups, papers 1 to 4 into group 1 and papers from 5 to 7 into group 2 respectively. Each paper carries 100 marks.

Listed below are the papers with topics.

Paper 1: Accounting
Paper 2: Business Laws, Ethics and Communication
Paper 3: Cost Accounting and Financial Management
Paper 4: Taxation
Paper 5: Advanced Accounting
Paper 6: Auditing and Assurance
Paper 7: Information Technology and Strategic Management

Group 1

The matter covered under the syllabus of group 1 of CA IPCC 2022 are as listed:

Paper 1: Accounting

According to the IPCC syllabus 2022, the topics covered under the paper of Accounting are as listed:

A Fair Knowledge of the framing of the accounting standards, national and international accounting authorities, adoption of international financial reporting standards
Accounting Standards
Company Accounts
Average Due Date, Account Current, Self-Balancing Ledgers
Financial Statements of Not-for-Profit Organizations
Accounts from Incomplete Records
Accounting for Special Transactions
Issues in Partnership Accounts
Accounting in Computerized Environment

Paper 2: Business Laws, Ethics and Communication

According to the IPCC syllabus 2022, the topics covered under the paper of Business Laws, Ethics and Communication are as listed:

The Indian Contract Act, 1872
The Negotiable Instruments Act, 1881
The Payment of Bonus Act, 1965
The Employees’ Provident funds and Miscellaneous Provisions Act, 1952
The Payment of Gratuity Act, 1972
The Companies Act, 2013 ( Sections 1 to 122)
Introduction to Business Ethics
Environment issues
Ethics in Workplace
Ethics in Marketing and Consumer Protection
Healthy competition and protecting consumer’s interest
Ethics in Accounting and Finance
Elements of Communication
Communication in Business Environment
Basic understanding of legal deeds and documents

Paper 3: Cost Accounting and Financial Management

According to the IPCC syllabus 2022, the topics covered under the paper of Cost Accounting and Financial Management are as listed:

Introduction to Cost Accounting
Cost Ascertainment
Cost Book-keeping
Costing Systems
Introduction to Marginal Costing
Introduction to Standard Costing
Budget and Budgetary Control
Scope and Objectives of Financial Management
Time Value of Money
Financial Analysis and Planning
Financing Decisions
Types of Financing
Investment Decisions
Management of Working Capital

Paper 4: Taxation

According to the IPCC syllabus 2022, the topics covered under the paper of Taxation are as listed:

Important definitions in the Income-tax Act, 1961
Rates of taxes applicable for different types of assesses and basis of charge
Concepts of previous year and assessment year
Scope of total income and residential status
Income deemed to be received
Deemed to accrue or arise in India
Incomes that are not a part of total income, i.e., except political parties, charitable trusts or institutions, and electoral trusts
Aggregation of income; Set-off or carry forward and set-off of losses
Deductions from gross total income
Computation of total income and tax liability of individuals
Provisions concerning advanced tax and deductions at source
Provisions for filing of return of income.
Concept of indirect taxes
Goods and Services Tax (GST) Laws

Group 2

The topics covered in the syllabus of group 2 of CA IPCC 2022 are as listed:

Paper 5: Advanced Accounting

According to the IPCC syllabus 2022, the topics covered under the paper of Business Laws, Ethics and Communication are as listed:

Framework for Presentation and Preparation of Financial Statements
Accounting Standards
Advanced Issues in Partnership Accounts
Issues Related to Accounting in LLP, the Limited Liability Partnerships
Company Accounts
Accounting for Special Transactions

Paper 6: Auditing and Assurance

According to syllabus of CA IPCC 2022, the topics covered under the paper of Auditing and Assurance are as listed:

Auditing Concepts
Standards on Auditing and Guidance Notes
Auditing Engagement
Documentation
Audit Evidence
Internal Control
Internal Control and Computerized Environment
Approaches to Auditing
Auditing Sampling
Audit of Payments
Audit of Receipts
Audit of Sales
Audit of the Impersonal Ledger
Audit of Assets and Liabilities
Company Audit
Audit of Shares
Audit Report
Basic Principles of a Government Audit

Paper: 7 Information Technology and Strategic Management

According to the syllabus of the CA IPCC exam 2022, the topics covered under the paper of Information Technology and Strategic Management are as listed:

Business Process Management & IT
Information Systems and IT Fundamentals
Telecommunication and Networks
Business Information Systems
Business Process Automation through Application software
Business Environment
Business Policy and Strategic Management
Strategic Analysis
Strategic Planning
Formulation of Functional Strategy
Strategy Implementation and Control
Reaching Strategic Edge

What is IPPC?

ICAI refers to the Institute of Chartered Accountants in India. This institute is a government body that looks after and controls all the chartered accountants in the country. The CA exams are categorized based on the level of the subject that they test in a candidate.

The course of CA is very different from other courses. It course does not follow the semester system and does not have a fixed period to complete the course. The CA course in India is considered to be one of the toughest courses to crack. The candidates are filtered, based on three levels of exams that the ICAI conducts two times a year. These exams are considered to be very tough and a lot of students with commerce backgrounds appear in these exams.

Let us now look at the types of tests that the candidates have to go through to become a CA in India