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Is ipcc paper is subjective or objectives nd all group 1 paper on same day


kunalgarg760 official 19th Jun, 2019
Answer (1)
Shivani Chaudhary 19th Jun, 2019

Hello Kunalgarg760 Official!

Of course, it's a subjective course. There are two groups in IPCC.

Group 1 has 4 subjects(400marks):

Accounting

Business laws, ethics and communication

Cost accounting and Financial management

Taxation.

Accounting for 100 marks.

Business laws for 60 marks and ethics & communication for 40 marks

Cost accounting for 50 marks and Financial management for 50 marks.

Taxation: Direct Taxation for 50 marks and Indirect Taxation for 50 marks.

Group 2 has 3 subjects(300 marks):

Advanced Accounting

Audit and Assurance

Strategic Management and Information Technology

Advanced Accounting for 100 marks

Audit & Assurance for 100 marks

ITSM for 50 each.

Basic criteria:

40 marks in each paper and 50% of total marks of the group.

However, from May 2018, there are a few changes regarding the marks and the subjects. Group 1 has 4 subjects- Accounting, Business Laws, Cost Accounting, Taxation (DT for 60 m and IDT for 40 m).

Group 2 has 4 subjects- Advanced Accounting, Audit & Assurance, ITSM(IT for 40 m and SM for 60 marks), Financial Management.

The total marks for both the groups is 800 marks with the same basic criteria mentioned above.

All the best.

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