What is the Full Form of IPCC?

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ipcc full form

The full form of IPCC is Integrated Professional Competence Course. It is a second level or second course of Chartered Accountancy (CA). The curriculum of the course is administered by the Institute of Chartered Accountants of India (ICAI). After completing this Integrated Professional Competence Course, an applicant is qualified for the ultimate chartered accounting level. 

Also Read: CA IPCC 2023: Notifications, Latest Syllabus, Eligibility

What are the Eligibility Criteria for IPCC

The following are the eligibility criteria to take the IPCC course:

  • A candidate is required to pass CA CPT (Chartered Accountancy Common Proficiency Test) before taking the IPCC test
  • After successfully completing the Integrated Professional Competence Examination, another test known as the IPCE is administered

What are the Details of the IPCC?

The curriculum designed by the IPCE is a combination of both academic and practical instruction. An applicant would be required to take seven papers during this course. The papers are divided into two categories. The first group includes four papers while the second group has three papers. All of them are related to accounting. To clear the class, 200 scores in group one and 150 scores in group two are required. 

Also Read: CA Subjects and Syllabus 2023: CPT, IPCC & Foundation

Papers of Group 1

Category Marks
Accounting Subject 100 
Law 60 
Cost Accounting 50 
Financial Management 50
Income Tax 50 
Indirect Tax 50

Papers of Group 2 

Category Marks
Advanced Accounting 100
Auditing Assurance 100
Information Technology50
Strategic Management 50 

Another Full Form of IPCC

The IPCC is also known as the Intergovernmental Panel on Climate Change. It is an intergovernmental research organization that assesses climate change under the auspices of the United Nations.

It was founded in 1988 by WMO (World Metrological Organization) and UNEP, two UN (United Nations General Assembly) organizations.

To fulfill its goal, this multinational body does not need to conduct any initiatives, studies, or regular data monitoring. The intergovernmental group’s major task was to research and analyze the most recent scientific, technological, and socioeconomic information on climate-related changes.

Objectives of IPCC

  • The major goal of the IPCC is to provide reports to aid in the implementation of the United Nations Framework Convention on Climate Change.
  • It provides stability in the atmosphere’s highly concentrated greenhouse gas.
  • The IPCC agreed and published the “Principles Guiding IPCC Work,” which recognises and describes the IPCC’s analysis and evaluation of the danger of climate change caused by humans, its potential repercussions, and viable preventative measures.

Also Read: How to Become a Chartered Accountant?

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