The Institute of Chartered Accountants of India (ICAI) has announced the results of the Chartered Accountants intermediate examination (IPC) held in November 2015. Pranav Pratik Tulshyan from Kathmandu bagged the first rank. Abhishek Agarwal and Ayushi Goyal from Delhi were ranked second and third, respectively.
The top three all-India rank holders are from Kathmandu and Delhi. A total of 50,892 candidates appeared in the exam out of which 2,108 candidates passed. IPCC is the second level of chartered accountancy examinations and consists of two groups: Group 1 (four subjects), Group 2 (three subjects). Group 1 comprises the following subjects - accounting, business laws, ethics and communication, cost accounting and financial management, and taxation. Group 2 consists of advanced accounting, auditing and assurance, and information technology and strategic management. Students have to first take the Common Proficiency Test route, followed by the first stage intermediate (integrated professional competence) course and the final stage course.
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