Students who currently registered in CPT/IPCC can convert their registration into the Direct Entry Scheme if they have completed their graduation/ post qualification or have cleared the intermediate level of ICWAI/ICSI.
On conversion into the Direct Entry Scheme, the CA student can immediately start his articleship without the requirement of clearing IPCC Group I. He can appear for his IPCC Exams after completion of 9 months of Articleship.
- Recommended Read: Procedure for Articleship Registration, Registration Status & Forms
Conversion from IPCC into Direct Entry Scheme
A CA Student who has not cleared any group of IPCC Exams or has cleared 1 group of IPCC and has completed graduation/post graduation with more than 55%/60% marks can convert himself into the Direct Entry Scheme on payment of the fees as mentioned in the chart below.
If the student has already cleared one group of IPCC, in conversion into Direct Entry Scheme – he/she would only be required to clear the IPCC Group which he/she has not cleared. In other words, the result of the group which they have already cleared would remain valid and they would only be required to clear the group which they have not cleared.
In case the student has not cleared any group of IPCC, he/she would be required to clear both the groups of IPCC after conversion into the Direct Entry Scheme.
Such students would be allowed to start their articleship on completion of the 100 hours ITT Course and 5 day orientation course.
In July 2015, ICAI made an important announcement notifying that Students who have converted from IPCC to Direct Entry can appear for the remaining groups of IPCC without the requirement to complete 9 months of Articleship. (Official Announcement)
The fees that would be required to be paid for conversion into Direct Entry Scheme for Students who have already registered for IPCC under the CPT Scheme is mentioned below:-
The following link mentions the details procedure to be followed for conversion from IPCC into Direct Entry and the Form for conversion from IPCC into Direct Entry
- Detailed Procedure for Conversion from IPCC into Direct Entry
- Application Form for Conversion from IPCC into Direct Entry
Conversion from CPT Scheme into Direct Entry
Students who have registered for CPT and have completed their graduation/post graduation with more than 55%/60% marks can convert themselves into the Direct Entry Scheme. Such students would be exempted from the requirement of clearing CPT Exam and would be directly enrolled for the IPCC Exams.
They would also be exempted from the requirement of clearing IPCC Group I to start articleship. They would only be required to complete 100 hours of ITT Training and 5 day orientation program to start their Articleship training.
The fees to be paid for conversion from CPT into Direct Entry Scheme has been mentioned below:-
The following link mentions the details procedure to be followed for conversion from CPT into Direct Entry and the Form for conversion from CPT into Direct Entry
- Detailed Procedure for Conversion from CPT into Direct Entry
- Application Form for Conversion from CPT into Direct Entry
