The next step after CPT examination is Intermediate (IPC) Course. Graduates/Post graduates with prescribed percentage of marks as stated earlier or Intermediate Level examination passed students of ICWAI or ICSI are exempted from CPT and such students can directly register for Intermediate (IPC) Course. In Intermediate (IPC) Course curriculum, only working knowledge of core and allied subjects relevant to accountancy profession is imparted, while at the Final level, advanced application knowledge of core and allied subjects is being inculcated. The unique feature of the entire theoretical education of the Chartered Accountancy curriculum is the supportive and complementary practical training. A student would undergo theoretical education and three years of practical training after passing either Group-I or Both Group of Intermediate (IPC) Course. This balanced approach helps the students to appreciate the underlying practical applications of the theoretical education scheme.
However, Graduates/post graduates with prescribed percentage of marks as stated above, shall be required to commence practical training on successful completion of Information Technology Training (ITT) and Orientation Course. In order to develop a strong theoretical base, students who have registered for the Intermediate (IPC) Course either through CPT route or by passing Intermediate level examination of the Institute of Cost Accountants of India or the Institute of Company Secretaries of India, have to undergo eight months study course before appearing for the first time in Intermediate (IPC) examination. Since proper understanding of the modern world necessitates knowledge of present day technology and skills, all students are imparted 100 hours Information Technology Training (ITT) and have to undergo 35 hours Orientation Programme before commencement of articled training. Students who are Graduates/ Post Graduates and are admitted directly to Intermediate (IPC) Course by exempting CPT shall be required to complete nine months practical training (including Concurrent Study Course for a period of eight months) before appearing for the first time in Intermediate (IPC) Examination.
All Articled trainees shall be required to undergo two General Management and Communication Skills (GMCS) courses of 15 days each. GMCS-I course shall be undergone during the first of year of practical training; and GMCS-II course shall be undergone during 19-36 months of practical training but before completion of articled training. During the 3rd year of practical training or before appearing in the Final examination whichever is earlier, they have to undergo Advanced Course on Information Technology Training.