2017 IPCC result soon will be released in the official website, as per the board notification 2017 examinations result is scheduled to be released today (1st May, 2017) in the evening by Institute of Chartered Accountants of India (ICAI).
After release aspiring candidates can download their respective result from the official website, Candidates by entering their roll number or reference Id and Date of birth can download their allotement result.
Every year thousands of students appear for the said exam and this year a total of 116,700 students appeared for the CA IPCC Exam May 2017. The pass percentage is expected to be around 13%. The pass percentage is expected to be following the previous years’ trends. In the CA IPCC May 2016 around 1.7 lakh candidates appeared, out which 12.12% cleared either one or both groups. While in the CA IPCC May 2015 around 3 lakh students appeared, out of which 12.71% cleared either one or both groups. ICAI will issue a Statement of Marks to the passed candidates after the declaration of the result. The suggested answers will also be issued by the ICAI only after the declaration of results. Though several of the premier coaching institutes have released their own expected answers.
ICAI is going to announce IPCC result May 2017 exam today and the students will be able to check their respective result at around 6 pm.The Institute of Chartered Accountants of India (ICAI) was set up by the Chartered Accountants Act 1949 of Parliament, conducts all the exams in the Chartered Accountancy Course. The ICAI course is conducted in two levels Intermediate and Final.
The CA IPCC May 2017 exams were conducted from 3rd May to 16th May.The CA Intermediate or IPCC (Integrated Professional Competency Course) consists of total eight subjects, divided among two groups.
- Group 1 consists of four subjects (Accounting, Corporate and Other Laws, Cost and Management Accounting, and Taxation)
- Group 2 also consists of four subjects (Advanced Accounting, Auditing and Assurance, Enterprise Information Systems and Strategic Management, and Financial Management and Economics for Finance).
The ICAI has clearly defined the passing criteria for all the exams conducted by them. The passing criteria for CA IPCC May 2017 as per CA Regulation 1988 is, the candidate attempting of either Group I or Group II or both the groups is required to-
- Secure a minimum of 40% marks in each subject of both the groups.
- Secure a minimum of 50% aggregate marks in each group.
The candidates satisfying the above conditions shall be declared pass in Group I or Group II or both the Groups. In addition to the results, the ICAI will issue an all-India merit list of the candidates securing 55% and above marks up to 50th rank.
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