Institute of Chartered Accountants of India (ICAI) has announced the exam dates for the next Integrated Professional Competency Course (IPCC). The examination will be held as Group I and II, in the month of May 2018. The application form for the CA IPCC May 2018 was released on February 05, 2018. However, before February 26, 2018, the candidates had to register with Board of Studies (BoS). The major difference under the revised scheme is that now there will be 8 paper, instead of 7. The major highlights are as given below. For more details go through the article given below.
ICAI CA Intermediate (IPC) May 2018
The candidates appear for the IPCC exam in May 2018 can check complete details from here. The important dates for Chartered Accountant IPCC 2018 exam are as mentioned in the table below.
| Events | Important Dates |
| Date to register with Board of Studies | 01 Jul – 31 Dec 2017 |
| Application form will be available from | 05 Feb 2018 |
| The last date to submit the application form | 26 Feb 2018 |
| By submitting the late fee of Rs. 600, application form can be submitted until |
05 Mar 2018 |
| Correction Window-1 | 08 to 14 Mar 2018 |
| ICAI CA IPCC May 2018 for Existing Scheme Group I Exam (02 to 05 pm) Group II Exam (02 to 05 pm) |
3, 5, 7, and 9 May 2018 11, 13, and 15 May 2018 |
| ICAI CA IPCC May 2018 for Revised Scheme Group I Exam (02 to 05 pm) Group II Exam (02 to 05 pm) |
3, 5, 7, and 9 May 2018 11, 13, 15 and 17 May 2018 |
| Declaration of Result | To be announced |
The syllabus of the examination should be noted before starting the preparation for the exam. By doing so, the candidates will provide a direction to their preparation.
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CA IPCC May 2018 Exam Scheme
The revised scheme for IPCC paper has also been announced. However, the candidates giving the examination in May 2018 need not worry, as the Board of Studies (BoS) has not imposed it for them. The CA IPCC or Intermediate under the existing scheme will continue until May 2019. The first paper under the new scheme will be held in the month of May 2018. Hence, for some duration, both the scheme will go parallel. During this period, the candidates will have the opportunity to switch from existing scheme to the new one. Check complete details about the existing scheme of CA IPCC from Part I of this article and about the new scheme from Part II.
The registration with BoS with the revised scheme has already begun from July 01, 2017, and ended on December 31, 2017. The major difference under the revised scheme is that now there will be 8 paper, instead of 7. The major highlights are as below.
- Business Laws, Ethics and Communication has been replaced with Corporate Laws & Other Laws.
- Enterprise Information Systems & Strategic Management has replaced Information Technology And Strategic Management.
- An additional Financial Management & Economics for Finance subject has been introduce in Group II.
Eligibility Criteria of CA IPCC 2018
To pursue CA IPCC May course, the candidates applying through CPT Route, as well as Direct Route are eligible. If the candidates will be applying through the CPT route then they must have cleared the CPT exam.
The direct route candidates will only be able to apply for the course if they have secured a minimum of 55% marks in the qualifying Graduates/ Post Graduate examination.
CA IPCC 2018 Registration
The Registration under CA is entirely different from Application Form Filling. The candidates willing to study IPC course are first required to Register with Board of Studies. Without registering with ICAI, the candidates will not be able to apply.
- For doubts, check the FAQs.
Process for Submitting CA IPCC 2018 Application Form
The application form for IPC May 2018 will be released on the official website, which is icaiexam.icai.org. The candidates will be able to apply online only. To do so, candidates will have to click on the link which will be provided here and then follow the steps below:
- Keep the cursor on the Login/Register tab.
- Click on ‘New User Register Here’.
- Submit details to register.
- Fill the details in the application form.
- Pay the application fee.
The application fee for CA IPCC 2018 is Rs. 600. The candidates will be able to remit it via VISA or Master Credit / Debit Card.
Admit Card for CA IPCC 2018
The admit card for the examination will be issued through the login. The practice of sending the offline admit card has ended. The candidates will be able to download it by submitting the Login Id and Password. The entered Id and Password should be the same as that produced during the application form filling. Else, the admit card downloading portal will not open.
The admit card of CA IPCC is an important document. The candidates will not be able to take the examination if they do not possess the admit card. The link to access it will also be provided on this page and the candidates will have to download it within the provided time duration. The candidates must also ensure that they carry it as a hard copy, in good condition.
Exam Centres for CA IPCC 2018
As per the official notice of CA IPC, the examination will be held in 172 centers. These will be established across the Indian for the convenience of the candidates. Apart from these, 4 overseas exam centers will also be established, in the following countries:
- Abu Dhabi
- Dubai
- Kathmandu
- Muscat
The candidates can submit their choice for the exam centre, while submitting the application form. To check the complete list of CA IPCC 2018 exam centres, refer to the table below.
Also, there will be centers in these cities outside India.
CA IPCC Exam Pattern
The Integrated Professional Competence Course is divided into two groups. The candidate needs to study six subjects in all. The Groups have total 7 papers in all, and the distribution of these are as below.
CA IPCC Exam – Existing New Scheme Details
| Group | Papers | Parts | Marks Per Part | Total Marks |
| I | 1-Accounting | – | – | 100 |
| 2-Business Laws, Ethics and Communication | I-Business Laws and Company Law II – Ethics III – Communication |
60 30 20 |
100 | |
| 3-Cost Accounting and Financial Management | I-Cost Accounting II-Financial Management |
50 50 |
100 | |
| 4-Taxation | I-Income Tax II-Indirect Taxes |
50 50 |
100 | |
| Group II | 5-Advanced Accounting | – | – | 100 |
| 6-Auditing and Assurance | – | – | 100 | |
| 7-InformationTechnology and Strategic Management |
A-Information Technology B-Strategic Management |
50 50 |
100 |
CA IPCC Exam – Revised New Scheme Details
| Group | Papers | Parts | Marks Per Part | Total Marks |
| I | 1-Accounting | – | – | 100 |
| 2-Corporate Laws & Other Laws | I-Company Laws III- Other Laws |
60 40 |
100 | |
| 3-Cost Accounting and Financial Management | I-Cost Accounting II-Financial Management |
50 50 |
100 | |
| 4-Taxation | I-Income Tax II-Indirect Taxes |
50 50 |
100 | |
| Group II | 5-Advanced Accounting | – | – | 100 |
| 6-Auditing and Assurance | – | – | 100 | |
| 7-Information Technology and Strategic Management | A-Enterprise Information Systems B-Strategic Management |
50 50 |
100 | |
| 8-Financial Management and Economics for Finance | A- Financial Management B- Economics for Finance |
60 40 |
100 |
Last Year’s Statistics
| Group | No. of Candidates Appeared | No. of Candidates Qualified | Pass Percentage |
| Group I | 62123 | 18701 | 30.10% |
| Group II | 69653 | 13424 | 19.27% |
| Group I and II | 47766 | 15543 | 32% |
Syllabus for CA IPCC May Exam
The syllabus is given for all the six subjects. The candidates may check it from here.
Unit Scheme for Intermediate
Cutoff for IPCC 2018
The candidates will only qualify the examination, if they will score more than the cutoff marks. The minimum qualifying marks in the exam are 50%. However, the candidates will also have to score 40% marks in each section as well.
Result and IPCC 2018
The result of the exam will also be announced online. The candidates will be able to check it from the login, for which the link will be given on this page. To check the result, the candidates will have to submit:
- 6 Digit Roll Number and Pin Number OR
- Just the Registration Number.
The pass percentage and candidate data for the last year’s CA IPCC May exam is as mentioned below:
FAQs on CA IPCC Revised Scheme
Some of the queries of the candidates, on the revised scheme, has been discussed below. Candidates may leave a comment below for a query which has not been covered here.
Q. I will be appearing for IPCC in May 2018. How many paper will be there in Group II.
A. There will be seven papers.
Q. When is the Intermediate examination and conducted and what is the cut-off date for registration?
A. It is held in the month of May and May. To appear in these, the candidate must register until September 01 and March 01, respectively.
Q. I have registered for IPCC before June 30, 2018, but would like to give paper under revised scheme. Is it possible?
A. Yes, a candidate may switch from revised to new scheme. Each candidate will get 3 opportunities to take exam under both the schemes.
Q. Under the revised scheme, can I appear for IPCC through Direct scheme?
A. Yes, direct route candidates may appear for it.
Q. If I have appeared for CPT in June 2018, then can I apply for the IPCC existing scheme.
A. No. Only those candidates can apply for the existing scheme who will register with BoS before June 30, 2018.
Q.I have applied for CPT in June, now when can I appear for IPCC?
A. After completing 8 month study plan. If the candidate register by September they will be able to take the exam in May 2018.
Check more FAQs from below
For more details of ICAI CA Intermediate (IPC) May 2018 check – Notification
