Revised Scheme for External Credit Transfer of B.Com (A&F) under ICAI-IGNOU Joint Programme
ICAI has announced the revised ‘external credit transfer scheme’ for students those who have joined normal B.Com course and have been dropped out of specialised course B.Com (A&F), a joint programme of ICAI and IGNOU. It may be noted that this credit would be over and above the normal internal credit transfer of courses of IGNOU.
Credit Transfer (External Scheme) for the students of B.Com (A&F) under IGNOU-ICAI Joint Education Programme.
School of Management Studies, Indira Gandhi National Open University (IGNOU) has approved the external credit transfer scheme framed in respect of B.Com (A&F) Course for Chartered Accountancy(CA) students.
The Scheme is applicable for those students who have dropped out from the B.Com. (A&F) programme and joined IGNOU’s normal B.Com programme. It would also be applicable to the drop out students of Chartered Accountancy who join IGNOU’s normal B.Com directly without having joined the specialized B.Com (A&F) programme. This would be over and above the normal internal credit transfer of courses of IGNOU component of the specialized B.Com programme.
An overview of Course Equivalence and Credit Transfer Scheme of B.Com (A&F) courses against IGNOU B.Com courses
|CPT/PE-I/Foundation Courses of ICAI||IGNOU normal B.Com Courses|
|1. BCO-001 : Fundamentals of Accounting||ECO-02 : Accountancy-I|
|2. BCO-002 : Mercantile Laws||ECO-05 :Mercantile Law|
|3. BCO-003 : General Economics||ECO-06 : Economic Theory|
|4. BCO-004 : Quantitative Aptitude||ECO-07 : Elements of Statistics|
|Total : 16 Credits|
|PCC/ PE-II/ Intermediate Courses of ICAI||IGNOU normal B.Com Courses|
|1. BCO-005 : Advanced Accounting||ECO-14 : Accountancy-II (4 Credits)|
|2. BCO-006 : Auditing and Assurance||ECO-12 : Elements of Auditing|
|3. BCO-007 : Laws, Ethics & Communication||ECO-08 : Company Law|
|4. BCO-008 : Cost Accounting & Financial||ECO-10 : Elements of Costing|
|5. BCO-009 : Taxation||ECO-11 : Elements of Income Tax|
|Total : 20 Credits|
Total Credit Transfer up to maximum of:
CPT/PE-I/Foundation Courses = 16 Credits
PCC/PE-II/Intermediate Courses = 20 Credits
Total Credits = 36 Credits