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0 SharesICAI is going to introduce a compulsory exam to assess CA students after first and second year of practical training.The test would be of 75 marks (Duration: 2 hours) for 1st year students and of 100 marks (Duration: 3 hours) for 2nd year students.The students completing their 1st/ 2nd year of practical training in a particular quarter of a year would be eligible to register for the said test in the subsequent quarter. Students will be assigned grades based on their performance in the assessments as below:80% and above – A grade60% and above but below 80% – B grade40% and above but below 60% – C gradeBelow 40% – D grade. The grades would appear on the final marksheet of the student. A student can appear in the particular test at a maximum of two more times to improve his/ her grade by paying a nominal fee.
The best grade out of all the grades scored, would be taken for inclusion in the marksheet.In the test, Accounting and Auditing (including Corporate Laws) of 50 marks will be mandatory and students would be selecting one optional module at 1st level test and two optional modules at 2nd level test, related to their practical training specialisation area.The first test for both the category of students will be on August 26, 2018. The students who would be completing their 1st/ 2nd year of practical training during the second quarter of 2018, i.e. April and June, 2018 would be eligible to appear in these assessments during August-December, 2018.
Recently a student message us that ” Hi, I lost IPCC registration letter. Can you tell me how to apply for duplicate IPCC registration letter or is there any facility to download duplicate registration letter online for free? You can download duplicate registration letter online.The Institute of Chartered Accountants of India is providing this facility for their students that they can download CA CPT (Now CA Foundation), CA IPCC (Now CA Intermediate), Articleship, CA Final and other important registration letters online.Existing and new members of ICAI can also download respective registration letters.