CPT Exemption for Graduates

With effect from 1st August 2012 onwards, CPT is exempted for the following class of Individuals ^[40]

1. Commerce Graduates with more than 55% marks from a recognised university
2. Non-Commerce Graduates with more than 60% Marks
3. Any Candidate who has passed the Intermediate Exam conducted by the Institute of Cost Accountants of India or by the Institute of Company Secretaries of India

Those Candidates who are exempted from clearing CPT Exam ^[41]can also directly register for articleship without clearing IPCC Group 1 as is the case with those candidates who have registered for the CA Course through the CPT Route.

Other qualifications and certifications

With the introduction of IPCC scheme of exams, ICAI also introduced the Accounting Technician Course.^[36] Any person who passes Group-I of IPCC and completes one year of practical training under a member can apply for an Accounting Technician Certification. After obtaining the certificate the person can designate himself as an Accounting Technician. This Certification was introduced to help a large number of students who were unable to complete the CA Final Examinations and obtain membership.
ICAI has entered into agreements with various universities such as the Indira Gandhi National Open University, Bharathiar University and Netaji Subhas Open University to help CA students acquire a Bachelor of Commerce (B.Com) degree, writing a few papers to supplement the IPCC.