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.

36 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
    Replies
    1. If u go through direct entry then Articleship of 9 months is compulsory for your IPCC attempt....if u need more clarity contact me on this....https://www.facebook.com/Srujitha.Manchikanti

      Delete
  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
    Replies
    1. http://www.casimplified.com/2013/07/Procedure-for-Registration-Under-Direct-Entry-Scheme.html follow this link if u still need help contact me on this....https://www.facebook.com/Srujitha.Manchikanti

      Delete
  9. Sir,
    Am an ipcc student.also
    I have completed my B.com.
    Without ITT can I convert to direct entry...

    ReplyDelete
    Replies
    1. Before getting into direct entry i.e. into articles ITT and Orientation are compulsory....:)

      Delete
  10. Hello sir. had gave exam of final year B.com sixth semester. Wanna do provisional registration. But as I have already attempted cpt 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
  11. Hello sir/madam. i gave the examination for my final year B.com 6th semester. Wanna do provisional registration. But as I have already attempted cpt twice ( i am existing CA student) but not cleared,my registration year of CPT is march- 2011 as i know that CPT registration is valid for 3 years & validity of my CPT registration is over .So now, i submitted the registration form for direct entry scheme to IPCC,but in the registration form there were 2 options provisional registration or conversion but I MARKED ON PROVISIONAL REGISTRATION is this will affect my registration in future? please help ME.. reply me soon sir/madam.....

    ReplyDelete
    Replies
    1. No, it should not affect ur registration as direct entrant as ur cpt registration validity is over...

      Delete
    2. Contact me on https://www.facebook.com/Srujitha.Manchikanti

      Delete
  12. hi, I have already converted to ipcc under direct entry scheme.I want to know is there any rule i.e. if i don't clear 1st group in first attempt my articleship will be paused?? and when I will be eligible for my final exam.

    ReplyDelete
    Replies
    1. No Such rule....bt final attempt and registration gets late....thats it...:)

      Delete
  13. hi madam i am vishwas really in need of ur suggestion ,so pls help me ,i have done with my degree, cpt ,orientations ,itt everything but now m thinking to convert from ipcc into direct entry scheme ,but i heard that direct entry scheme is going to get cancelled ,pls let me know whether it will get cancel or not ?? ,

    i have an another problem like tom i have ipcc exam ,if i write i may get atleast 40 in acc,law,fm & costn ,tax ,but i wont get 200 for sure ,m tensed , bcos i have not revised properly so m panic if i write exam wether i should wait 4 results to convert from ipcc to direct entry , madam seriosly need ur help, but have decided to convert from ipcc to direct entry so if i write exam should i wait till results ??

    suggest me your valuable suggestions ...just saw ur ca simplified page so msgd ...pls help me ... reply me back pls waiting for ur reply madam

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  14. This comment has been removed by a blog administrator.

    ReplyDelete
    Replies
    1. Yup u will be eligible after 2.5 yrs, but attempt does not depend only on articles also It depends on ur IPCC attempt and final registration.

      Delete
  15. Sir have cleared my cpt n this I wrote my last semester of B.COM.... N I have already attempted for ipcc n I couldn't clear it.... Am thinking to convert for direct entry schem .... Am very confused... Pls guide me sir

    ReplyDelete
  16. Sir/madam have cleared my cpt n this I wrote my last semester of B.COM.... N I have already attempted for ipcc n I couldn't clear it.... Am thinking to convert for direct entry schem .... Am very confused... N I have completed ITT and orientation also... Pls guide me

    ReplyDelete
  17. Hello Madam
    I have cleared cpt and B.Com i have written my ipc this may 2014 however I am not confident of clearing. Can i change to direct entry? If at all i clear my ipc will my result be valid under direct entry? As i will have ro convert before my results!!

    ReplyDelete
  18. i have written my ipc exam this may am from cpt scheme if i convert to direct entry before my result.. will my result will be withheld ?

    ReplyDelete
  19. Hello SIR/MAM.....I have given ipcc attempt in this may 2014 exam....n i am not sure about my result.....i have also completed my b.com.....since i am not sure that i will clear my first group or not,i want to convert for direct entry scheme...my doubt is,after i get converted into direct entry scheme, if i pass the exam which i gave in this may 2014,will that be counted...??? will i have to give the first group exam again in may 2015...???? please help me with this....it would be great if u can send me the link for the form for getting converted into direct entry...awaiting your reply.....:)

    ReplyDelete
    Replies
    1. can u please contact me on https://www.facebook.com/Srujitha.Manchikanti . so that i can make it more clear to u...:)

      Delete
  20. i have completed my b.com in 2012 i had a back log but i have passed with 70%aggregate.I have passed my cpt but have not cleared ipcc i have lost 7 attempts out of which few attempts i have not attended,now i am planning to convert into direct scheme could you please advise me regarding the procedure to apply and also whether it would be beneficial to do so.
    Awaiting your reply

    ReplyDelete
    Replies
    1. can u please Contact me on https://www.facebook.com/Srujitha.Manchikanti

      Delete
  21. Sir, I have already registered for CPT and had an attempt. Now I have secure 64% in B.com. How can I convert my CPT into IPCC.
    please give me full details.
    gopinathbv@yahoo.co.in

    ReplyDelete
  22. Mam i hav cleared cpt in 2011..then i filled ipcc xam form bt could not give it...now i m thinking to convert into direct entry...i hav jst given last xam of ty vcom...can u help me with the procedure of conversion
    and today i had called in icai bhawan they told me itt batches are full...so what can i do?plz help

    ReplyDelete
  23. I have cleared my Cpt and registered for ipcc . Now I have cleared my b.com with 81% aggregates , can I now convert the ipcc registration to direct entry scheme on the basis of b.com
    What will be the conversion fee structure and the procedure
    My email id is prathvipai4@gmail.com please do mail me

    ReplyDelete