ICAI - Relaxation in eligibility to appear in CA Final Examination for PCE and IPCE candidates
February, 18th 2011
Sub: Relaxation in eligibility to appear in CA Final Examination for PCE and IPCE candidates
The students who desire to appear in the Final Examination to be held in May 2011 and onwards hereby informed that a relaxation has been provided under relevant Regulation with regard to their articleship training as under:-
a candidate who is otherwise eligible to appear in the Final Examination shall not be required to be in service of articles/audit training on the first day of the month in which the final examination is held.
However, such relaxation shall be confined only to first of such permissible examination (i.e., the Final Examination in which a student shall become eligible to appear in the Final Examination for the first time only but not thereafter), irrespective of whether he is from the stream of Professional Education Examination II(PEE-II) or Professional Competence Examination(PCE) or Integrated Professional Competence Examination (IPCE) under the provisions of Regulation 29 C of the Chartered Accountants Regulations 1988.
It may be noted that in the Application Form for May 2011 Final Examination, it was mentioned that the aforesaid benefit is applicable to candidates who had passed Professional Education Examination II (PEE- II) Examination. With the above decision, all candidates (PCE as well IPCE) are eligible to get this benefit.