Full Form of IPCC:
Integrated Professional Competence Course
IPCC Full Form is Integrated Professional Competence Course. The second level of Chartered Accountancy course is the IPCC or the Integrated Professional Competence Course which has to be completed to get to the final level of CA. Those who have successfully completed the Chartered Accountancy Common Proficiency Test (CA CPT) can take the IPCC course that consists of a 9-month course with 11 papers to clear. The basic eligibility for joining IPCC is a twelfth pass and successful completion of CA CPT.
The Integrated Professional Competence Course consists of 11 subjects divided into 2 groups. Group 1 includes Advanced Accountancy, Business Law, Ethics and Communications, Cost Accounting, Financial Management, Service Tax, Income Tax and VAT. Group 2 consists of another paper on Advanced Accounting, Auditing and Assurance, IT and Strategic Management.
The IPCC requires both the groups to be cleared at one go. That is, if a student loses one paper in group 1 and clears all the other papers in group 1 and 2, then also he or she has to clear all the papers once more to complete the course successfully. After passing this exam, the students are required to go through a 3 and half year practical training called articleship under a Chartered accountant. Then another 1 week training programme and IT training also is required before they can appear for the final CA exam.
IPCC Full Form: Intergovernmental Panel on Climate Change
Full Form of IPCC stands for Intergovernmental Panel on Climate Change. It is an International body which assesses climate change around the globe. It was formed in 1988 by the WMO (World Meteorological Organization) and UNEP (United Nations Environment Program). The main objective is to render the world with a scientific view on climate change.
It also provides a view on the impacts of socio-economical and environmental impacts. IPCC however, does not conduct any kind of research or does not monitor parameters related to climate. IPCC is intergovernmental and is open to members of various countries of WMO and UN. Currently, the number of countries that are a part of IPCC amounts to 195.
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