The Council at its 306
considered the recommendations of the Group Constituted by the President, in terms
of the authority given to him at its 303
review entry requirement for Chartered Accountancy Course and decided as under:-
(a) Exemption to Graduates/CWAs/CSs from appearing in Common
Proficiency Test (CPT)
Common Proficiency Test (CPT) be exempted for candidates who -
(i) are commerce graduates/post-graduates and have studied any three
full papers of 100 marks each out of Accounting, Auditing, Mercantile
Laws, Corporate Laws, Economics, Management including Financial
Management, Taxation including Direct Tax Laws, Indirect Tax Laws
etc., Costing, Business Administration, Management Accounting and
passed the graduate/post-graduate examination by securing in the
aggregate a minimum of 55% of the total marks or its equivalent grade
from any recognized Universities including Open Universities.
(ii) are other graduates/post-graduates not falling in the above category
who have passed the graduation/post-graduation examination by
securing in the aggregate a minimum of 60% of the total marks in the
examination or its equivalent grade from any recognized Universities
including Open Universities.
(iii) have passed the Intermediate level examination conducted by The
Institute of Cost and Works Accountants of India or by The Institute of
Company Secretaries of India.
It was also decided that the above exemption would also be applicable to
students who wish to pursue Accounting Technician Course of the Institute.
(b) (i) Candidates who are exempted from CPT be allowed direct
entry to articleship; or
(ii) Enrolment to Articleship after passing either of the Groups of
The Council noted that three different alternatives routes have been
recommended by the Group in respect of registration of articles and decided as
(i) The existing criteria to continue for candidates who wish to join articled
training through CPT route i.e. only after qualifying Group I of IPCC
(ii) Graduates/ Post Graduates who are exempted from CPT as per (a) (i)
& (ii) above be allowed to commence their articled training directly.
However, candidates passing Intermediate level examination
conducted by the ICWAI/ ICSI may join articleship only after passing
Group I of the IPCC Examination of the Institute.
(c) Provisional Registration for Students pursuing Graduation Course
The students pursuing final year of graduation be allowed for provisional
registration to the Integrated Professional Competence Course (IPCC) and appear in
the Integrated Professional Competence Examination (IPCE) only after appearing in
the final year examination of graduation course and after completion of prescribed
study period of 9 months from the date of registration to the IPCC.
Their provisional registration to the CA Course would be confirmed only after
submission of satisfactory proof of their having passed the graduation course with
the prescribed percentage of marks.
It may kindly be noted that the above decisions of the Council will come
into force subject to relevant provisions of the Chartered Accountants
Regulations, 1988 being amended, and the approval of the Central
Government, and public exposure as required by law for which the process
is in progress.