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October 2012

Direct entry to CA course

By P. N. Shah, H. N. Motiwalla,Chartered Accountants
Reading Time 1 mins
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The Ministry of Corporate Affairs has given its final approval to the Amendments to Chartered Accountants Regulations, 1988 which have been notified on 1st August, 2012.

Amongst other provisions, the amendments also stipulate Direct Entry Scheme to CA Course. Henceforth, Commerce Graduates/Post Graduates with prescribed percentage of marks and other students who have passed the Intermediate level examination or its equivalent examination by whatever name called, conducted by the Institute of Cost Accountants of India or by the Institute of Company Secretaries of India, shall be exempted from passing the Common Proficiency Test (CPT) if they wish to join the C.A. course. The details of the Scheme have been hosted on the Institute’s website and also published on Pages 507-517 of C.A. Journal for September, 2012.

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