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