IPCC Full Form - What is the full form of IPCC?

IPCC Full Form

Edited By Team Careers360 | Updated on Mar 06, 2023 03:07 PM IST

What is the full form of IPCC?

IPCC: Intergovernmental Panel on Climate Change
IPCC: Integrated Professional Competence Course

Intergovernmental Panel on Climate Change (IPCC)

It deals with global climate change and weather. Switzerland's Geneva serves as the location of the IPCC's headquarters. The political environment, available alternatives for a response, and the economic state of the various nations are some of the other themes that are covered in this particular body about international politics, in addition to climate change.

It is an intergovernmental study group that works under the direction of the UN to assess how the climate is changing. WMO (World Meteorological Organization) and UNEP, two UN organizations, founded it in 1988. (United Nations General Assembly).

The IPCC is attempting to broaden our understanding of climate change.

Primary objectives of IPCC:

It offers stability in the highly concentrated greenhouse gas in the atmosphere.
The IPCC has approved and made public the "Principles Guiding IPCC Work," which outlines and notes the IPCC's analysis and evaluation;
the likelihood that human activity will cause climate change, as well as any potential consequences and available defences.
With the assistance of the IPCC, the various phases of weather and climate change are improved in terms of transparency and objectivity.
Therefore, it is evident that the IPCC has a variety of duties and responsibilities.

Integrated Professional Competence Course( IPCC)

It refers to the phases of education connected to CA.

CA IPCC

The Institute of Chartered Accountants of India (ICAI) organizes three different levels of Chartered Accountancy Exams-

CA Foundation
CA Integrated Professional Competence Course (IPCC)
CA Finals

CA Foundation is the primary level exam. The students who have qualified for it and have the required qualifications go for the secondary level exam which is CA IPCC. ICIA conducts the CA IPCC exam twice a year, in May and November.

IPCC is the second level course or second stage of the CA (Chartered Accountancy) course. This course is conducted by the ICAI (Institute of Chartered Accountants of India). After completing this course, a candidate is eligible for the final course of chartered accountancy.

IPCC Eligibility Requirements

One may register for the exam directly or by passing the ICAI's Common Proficiency Test (CPT).

The following requirements must be satisfied if the candidate applies directly:

60% for other streams; 55% overall if your mainstream was commerce.
A minimum of intermediate level in Institute of Cost Accountants or Company Secretary certification is required.
Before taking the IPCC test, a candidate should pass the CA CPT (Chartered Accountancy Common Proficiency Test).
Candidates must take the CPT first, even if they are non-graduates who selected an unrelated stream.

IPCC Examination Pattern

Both academic and practical learning are included in the IPCC curriculum. Seven papers in total, separated into two categories, are required for this course. A total of four disciplines make up the first category. A total of 3 subjects make up the second group. These first and second-category topics all have something to do with the field of accounting. For a class to pass, there must be a combined total of 150 in group 2 and 200 in group 1.