PROFESSIONAL EDUCATION COURSE

  One can enter the Chartered Accountancy course by joining Professional Education course.   This course is available in two parts – I.e. (A) Professional Education (PE Course I) and (B) Professional Education (PE Course II).

             PE Course I is compulsory for students joining after 10+2 and Graduates with less than specified marks. Candidates who are graduates with more than specified marks or those who have passed the Final examination of the Institute of Cost and Works Accounts of India (I.C.W.A.I)  or the Institute of Company Secretaries of India (I.C.S.I.) are exempted from PE Course – I.

             PE Course – II is compulsory for all irrespective of the fact whether one is coming through PE Course-I stream or is exempted from PE Course-I. 

             The term graduate does, however, not cover a graduate in music, dancing, photography, paining and sculpture.

 (A) PROFESSIONAL EDUCATION ( COURSE –I)

·         The minimum duration of the course is ten months.

**   The registration for Professional Education (Course- I ) is open throughout the year.

            *** The eligibility/conditions for this course are as follow:-

 (a)   Pass in Senior Secondary Examination (10+2) or equivalent  recognized examination.

(b)   There is no restriction with regard to the age of the candidate or marks secured in Senior Secondary Examination or subjects studied.

(c) Following graduates who have secured less than specified marks:-

(i)                 Commerce graduates with Accountancy, Auditing and Mercantile Law  or Commercial Law as full examination paper.  For this purpose “full examination paper” means a paper carrying out less than 50 marks.

(ii)               Non-commerce graduates with Mathematics as one of the subjects and with less than 60% of the total marks.

(iii)             Non-commerce Graduates with subjects other than Mathematics and with less than 55% of the total marks.

(d)   Candidates who have appeared in 10+2 or its equivalent examination are eligible for “Provisional Registration” for Professional Education (Course – I).

A student may register at any time during the year.  The examinations are held twice a year in May and November.  A student should get himself/herself  registered at least ten months before the examinations.  For May Examination he/she should, therefore, be registered before 30^th June of the preceding year and for November Examination he/she should be registered before 31^st December of the preceding year.

            The subjects of study for the Professional Education (Course-I) are:

             Fundamentals of Accounting,  Mathematics and Statistics, Economics, Business Communication and Organization and Management.   

            The purpose to study the above mentioned subjects is:

 Fundamentals of Accounting: 

     To develop conceptual understanding of the fundamentals of the Financial Accounting and the Mechanism to impart basic skills in Accounting of various kinds of business transactions.

 Mathematics and Statistics:

 

      To provide basic understanding of important qualitative tools and their elementary application on business problems.

 Economics: 

 

       To provide basic understanding of important quantitative tools and their elementary application to business problems.

Business Communication and organization and Management

     To develop written and oral communication skills and facilitates understanding of various concepts and functions of organization and management relevant to a professional accountant.

 Theoretical Education

     Students of PE-I Course are covered under Postal Test Scheme.  The comprehensive study papers and test papers booklets are, therefore, made available to students for study.  Students have to submit answers to the specified number of test papers and obtain the minimum qualifying marks.

    Students who attend classes which are organized by  Accredited Institutions and satisfy the relevant requirements, are exempted from answering the test papers.