Hello Everyone,
Today dated 21 Feb 2019, ICAI on its official website https://icai.org via link https://resource.cdn.icai.org/54195bos43516.pdf has posted a new notification. Text of the notification reads as follows –
Credit Transfer (External Scheme) for the students of B.Com(A&F) under IGNOUICAI Joint Education Programme
School of Management Studies, Indira Gandhi National Open University (IGNOU) has approved the external credit transfer scheme framed in respect of B.Com (A&F) Course for Chartered Accountancy(CA) students.
The Scheme is applicable for those students who have dropped out from the B.Com (A&F) programme and joined IGNOU’s normal B.Com programme. It would also be applicable to the
An overview of Course Equivalence and Credit Transfer Scheme of B.Com (A&F) courses against IGNOU B.Com courses
CPT/PE-I/Foundation Courses of ICAI | IGNOU normal B.Com Courses |
BCO-001: Fundamentals of Accounting | ECO-02 : Accountancy-I |
BCO-002 : Mercantile Laws | ECO-05 :Mercantile Law |
BCO-003 : General Economics | ECO-06 : Economic Theory |
BCO-004 : Quantitative Aptitude | ECO-07 : Elements of Statistics |
Total | 16 Credits |
PCC/PE-II/Intermediate Courses of ICAI | IGNOU normal B.Com Courses |
BCO-005 : Advanced Accounting | ECO-14 : Accountancy-II (4 Credits) |
BCO-006 : Auditing and Assurance | ECO-12 : Elements of Auditing |
BCO-007 : Laws, Ethics & Communication | ECO-08 : Company Law |
BCO-008 : Cost Accounting & Financial | ECO-10 : Elements of Costing |
BCO-009 : Taxation | ECO-11 : Elements of Income Tax |
Total | 20 Credits |
Total Credit Transfer up to maximum of :
CPT/PE-I/Foundation Courses = 16 Credits
PCC/PE-II/Intermediate Courses = 20 Credits
Total Credits = 36 Credits
That’s all for now. Stay Connected for more updates.
Team CA Study
Watch this short video for May 2022 CA Final Exams covering full strategy to score Exemption in Audit with full plan to prepare with appropriate study materials and revision strategy before exams! All the best 🙂
What is the use of such credits? How are they helpful?