Frequently Asked Questions on verification of marks (An ICAI initiative)

Frequently Asked Questions on verification of marks

1. What is meant by verification of marks?
The process of verification of marks covers the following:
Checking:
 Whether the answer book(s) compilation is complete
 Whether any question or part thereof has remained unvalued
 Whether there is any totaling error in any question or total marks on the cover page
 Whether there is any discrepancy between the marks for each question and or/part thereof and marks for each question indicated on the cover page of the answer book
 Whether the handwriting of the candidate in all the answer books is the same.
However, revaluation of the answer book is not permitted under the Chartered Accountants Regulations, 1988.

2. What is the procedure for verification of marks?
A candidate can apply for verification within 30 days from the date of declaration of results, necessarily in his own handwriting, giving specific details of the following along with the requisite fees:
 Exam
 Roll No
 Paper(s)/subjects to be verified
 Student Registration No
 Address for communication
The application for verification of marks must be in the handwriting of the candidate. If the candidate had appeared in Hindi medium, his/her application should be in Hindi.Typewritten applications will not be entertained.
There is no standard format as such for such application. However, the application
should be duly signed by the candidate.
Candidate should not write their e-mail IDs or mobile number or landline numbers in
such verification requests.

3. Where should the application be sent:
The application for verification along with the fees should be sent so as to reach us within a period of one month from the date of the declaration of results, at the following address:
The Additional Secretary, (Exams)
The Institute of Chartered Accountants of India
ICAI Bhawan
Indraprastha Marg
New Delhi 110 002

4. What is the fees for verification of marks?
 For Final, PCE, IPCE/ATE/Units-Rs 100/- per paper subject to a maximum of Rs 400/- for all the papers of a group/both groups.
 For CPT: Rs 200/-.
 For Post qualification courses ISA, DIRM, ITL&WTO, MAC/TMC/CMC: Rs 500/-

5. What is the mode of payment of the verification fees?
The verification fees is payable by way of a demand draft drawn in favour of “The Secretary, The Institute of Chartered Accountants of India” payable at New Delhi and sent along with the application for verification.

6. How long does it take to get verification result?
The verification process is meticulously drawn up exercise and it therefore takes time which may run to about 6-8 weeks. Though it will be our endeavour to inform the outcome of verification in respect of an exam at the earliest, yet the same cannot be assured, due to time consuming processes involved. However, all such candidates who do not receive the response latest upto 10 days before commencement of the next exam, may send an email to the exam dept. at the contact details as given below.

7. What are the possible outcomes, that may arise out of verification of marks:
The verification exercise may result in
 No change of marks
 Increase of marks, impacting result or exemption in one or more papers
 Decrease of marks
The outcome of the verification exercise is hosted on our website www.icai.org and a written communication is also sent to the candidate concerned, at the address mentioned by him/her in his/her application.   In case of revision of marks, a revised mark statement/result ( as the case may be) is also communicated to the candidate.

8. Can a candidate get a refund of verification fees in case of change in marks pursuant to the verification?
Yes. In case of change in marks, the verification fee is refunded to the candidate automatically.  There is no need to make a separate claim for refund.  In case, he/she had also applied for the next exam, pending the outcome of the verification and the outcome of verification results in his passing the earlier exam, the examination fees paid by him/her for the next exam is also refunded.

9. I have not received any communication from the Institute regarding my application for verification of marks of the previous exam, so far.  However, the last date for submission of application form for the next exam, is fast approaching.  Should I apply for the next exam or not?
You may submit your examination form for the forthcoming examination, if you so wish, pending receipt of the outcome of verification of answer books of the earlier exam.

10. How does a candidate contact the Institute to check the outcome of his/her verification application?
The outcome of the verification will be hosted on our website www.icai.org and a written communication will also be intimated to the concerned candidates individually. The candidates are advised to check the website of the Institute from time to time regarding the outcome. They can also send an email at the following email IDs, as per the exam:
cpt_exam@icai.org
pce_examhelpline@icai.org
ipce_examhelpline@icai.org
final_examhelpline@icai.org
dms_examhelpline@icai.org


Disclaimer: Please note that this paper is merely an attempt to provide answers to questions on the subject, posed to us, by the candidates from time to time, to the extent possible and with reference to the extant scheme of examination.  However, this compilation is neither exhaustive not does it purport to be a source of complete information on the subject. Hence, candidates are advised, in their own interest, to refer to the “Guidance Notes” supplied along with the examination application form, besides referring to the Chartered Accountants Regulations, 1988.

Courtesy: Examination Committee, ICAI

Review of Entry Requirements for Chartered Accountancy Courses (First Time in History of ICAI, exemption given for ICSI & ICWAI qualified and semi qualified - a smart act)

ANNOUNCEMENT


8th July, 2011

Review of Entry Requirements for Chartered Accountancy Courses

The Council at its 306th meeting held from 7th to 9th June, 2011 had considered the recommendations of the Group Constituted by the President, in terms of the authority given to him at its 303rd Meeting held from 10-12 February, 2011 to review entry requirement for Chartered Accountancy Course and decided as under:-

(a) Exemption to Graduates/CWAs/CSs from appearing in Common Proficiency Test (CPT) Common Proficiency Test (CPT) be exempted for candidates who -

(i) are commerce graduates/post-graduates and have studied any three full papers of 100 marks each out of Accounting, Auditing, Mercantile Laws, Corporate Laws, Economics, Management including Financial
Management, Taxation including Direct Tax Laws, Indirect Tax Laws etc., Costing, Business Administration, Management Accounting and passed the graduate/post-graduate examination by securing in the aggregate a minimum of 55% of the total marks or its equivalent grade from any recognized Universities including Open Universities.

(ii) are other graduates/post-graduates not falling in the above category who have passed the graduation/post-graduation examination by securing in the aggregate a minimum of 60% of the total marks in the examination or its equivalent grade from any recognized Universities including Open Universities.

(iii) have passed the Intermediate level examination conducted by The Institute of Cost and Works Accountants of India or by The Institute of Company Secretaries of India.

It was also decided that the above exemption would also be applicable to students who wish to pursue Accounting Technician Course of the Institute.

(b) (i) Candidates who are exempted from CPT be allowed direct entry to articleship; or


(ii) Enrolment to Articleship after passing either of the Groups of IPCC Exam

The Council noted that three different alternatives routes have been recommended by the Group in respect of registration of articles and decided as under:-
(i) The existing criteria to continue for candidates who wish to join articled training through CPT route i.e. only after qualifying Group I of IPCC Examination.
(ii) Graduates/ Post Graduates who are exempted from CPT as per (a) (i) & (ii) above be allowed to commence their articled training directly. However, candidates passing Intermediate level examination conducted by the ICWAI/ ICSI may join articleship only after passing Group I of the IPCC Examination of the Institute.

(c) Provisional Registration for Students pursuing Graduation Course
The students pursuing final year of graduation be allowed for provisional registration to the Integrated Professional Competence Course (IPCC) and appear in the Integrated Professional Competence Examination (IPCE) only after appearing in the final year examination of graduation course and after completion of prescribed study period of 9 months from the date of registration to the IPCC.

Their provisional registration to the CA Course would be confirmed only after submission of satisfactory proof of their having passed the graduation course with the prescribed percentage of marks.

…………………..

It may kindly be noted that the above decisions of the Council will come into force subject to relevant provisions of the Chartered Accountants Regulations, 1988 being amended, and the approval of the Central Government, and public exposure as required by law for which the process is in progress.

Courtesy:  http://www.icai.org/

Provision of 15-minutes reading time to the candidates of Chartered Accountants Examinations

(Effective from May-2011 CA Examinations)

The Council of the Institute, based on the recommendation of the Examination Committee has decided to allow 15-minute reading time to the candidates in the Chartered Accountants Examinations before the scheduled commencement of the examinations i.e, if the examination commences from 2.00 PM, then the candidates will be given Question Papers at 1.45 PM. This reading time will not be available for CPT and all post qualification Courses Examinations.


The objective of providing question paper 15 minutes before the scheduled time is to:

(i) Enable the candidates to read the question paper thoroughly (without encroaching on the examination duration) and

(ii) Chalk out the strategy to answer the questions.

Candidates are required to note the following in this regard:

(1) The candidates will not be allowed to leave the Examination Hall under any circumstances from 1.45 PM to 3.00 PM.

(2) The candidates shall be allowed to enter the hall from 1.30 PM upto 2.30 PM only.

Any breach of the above requirements would be treated as adopting Unfair Means by the students concerned and applicable disciplinary action would be taken on such erring students.

( G. Somasekhar) Additional Secretary(Exams) (21-04-2011)

A very good initiative from ICAI. Hope ICWAI & ICSI will follow suit. (Pssst: It is now MEMBERS ENVY, STUDENTS PRIDE since the present day members were not provided these vulnerable oppurtunity.)

Important Announcement - MAY 2011 - CA Exams

No.13-CA-Examhelpline-MAY - 2011


13th April, 2011

To:
All Regional Council Chairmen/All Chairmen of the Branches/All Heads of Decentralised Offices

Dear Sir/Madam,

Sub: Help Line Desk for C.A. Examinations, MAY, 2011.

I am to inform that a dedicated “Help Line Desk” to attend to the queries of the students appearing in MAY, 2011 examinations has become functional w.e.f. 13th April, 2011 and will continue till 10th MAY, 2011. The telephone/ fax numbers are:

1. Telephone Numbers - 0120-3054851/3054852/3054853/3054835 (from Delhi dial 0120 instead of 95120)

2. FAX No.- 0120-3054841

Students can download the copy of Admit Card from http://www.icai.nic.in/

Apart from the above, separate e-mail I.D’ s have been provided to cater to the needs of the students on the above stated queries. The student can contact at:

pce_examhelpline@icai.in for PCE

ipce_examhelpline@icai.in for IPCE/ ATE

final_examhelpline@icai.in for FINAL


A copy of the announcement released through web-site in this regard is enclosed herewith for your ready reference.

Students may be encouraged to visit http://www.icai.nic.in/ for downloading their admit cards, which is as good as admit card in original / physical form received from the institute, no attestation or pasting of any photograph is required on the admit card downloaded from the website. The setting up of Help Line Desk and e-mail Ids may kindly be publicised widely amongst the students possibly by publishing in the newsletter, notice board, class room announcement etc.

Additional Secretary(Exams)

Courtesy: http://www.icai.org/

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IMPORTANT ANNOUNCEMENT from ICAI


April 15, 2011

Subject: Zone-shifting of candidates for May-2011 CA Exams

Due to paucity of accommodation in some Zones opted by the candidates in the cities of Bangalore, Chennai, Delhi, Indore and Kolkata, some of the candidates have been allotted examinations centres in other zones of the said cities where the accommodation is available. In view of this, it is not possible to accede to the requests of the candidates for transfer to an examination centre in a particular zone of the city opted by them.

While inconvenience caused in the mater is deeply regretted, we seek the valuable cooperation from the ICAI students and their stakeholders in the regard.

Additional Secretary(Exams)