About Chartered Accountancy (CA)

Chartered Accountants are some of the highest paying professionals in India in the non-technical field. It is considered as one of the brightest career options for those seeking opportunities in the commerce fields. The CA certification comprises of education and exams in the field of business, taxation, and accounting.

The procedure to become a Chartered Account (CA) is challenging, as candidates have to clear various exams at different levels, but it is very promising. Although the Chartered Accountancy course duration is almost 5 years, it can take more time than that if candidates take more than one attempt to clear the exams.

Chartered Accountancy professionals are required across various business organisations in India be it private or public. A qualified CA is hired to deal with the account details, tax dues, and investments of an organisation. CA also assists in solving disputes and avoiding bankruptcy.

Chartered Accountant (CA) Course Highlights:

Some of the important highlights of the Chartered Accountant (CA) course are as follows:c

Course NameChartered Accountant
Short NameCA
Minimum Eligibility10+2 with 50%
Average Starting Salary    INR 5 LPA to INR 6 LPA
Top Recruiting CompaniesE&Y, KPMG, Deloitte, PwC, Morgan Stanley, Indian Bank


 

How many years is the CA course?
5 years
The career path to becoming a Chartered Account (CA) is challenging but very promising as well. The entire Chartered Accountancy course duration is almost 5 years. Therefore, if you are willing to take up a career as a Chartered Accountant, you will have to be prepared to devote that much time to your education.
What is qualification of CA?
The minimum qualification required to pursue ICAI CA course is Class 12. The candidates who have passed Class 12 can take up CPT course. Common Proficiency Test (CPT) is the beginning stage to start a career in Charted Accountancy.
Originally Answered: Do 12th class marks matter for CA ? ... No matter which stream you followed and how much marks you scored in the same, if you have qualified the examination from a recognized board, you are eligible to register for Common Proficiency Test conducted by The Institute of Chartered Accountants of India.
However, there is no upper age limit for taking admission in Chartered Accountancy course or clearing it. If you are academically qualified for it, you can become a CA at any age. *10 attempts to clear the CA Finals (initial registration is valid for five years, after which you can re-validate it for five more years).

CA Selection and Structure:

Following are the three levels of the CA certification:

  • CPT (Common Proficiency Test)
  • IPCC (Integrated Professional Competence Course)
  • FC (Final course)

1. Requirement for Accounting Technician Course (ATC):

  • The first step in the career path of a CA is to appear for the Chartered Accountant CPT and then enroll for the ATC. This can be done after clearing 10+2
  • Those candidates who have cleared the Entrance Examination or Professional Education (Examination-I) or Foundation Examination can register directly for ATC.
  • Candidates who had applied for Intermediate/ Intermediate (Professional Competence) programme/ Professional Education (Course-II) prior to this can also register for ATC.

2. Apply for IPCC:

  • Candidates should have secured at least 100 out of 200 marks in CPT after class 12 if they want to register for IPCC programme.
  • Registration for IPCC must be done nine months prior to the first day of the month in which the exam will be held.
  • The course consists of 7 subjects, each comprising 100 marks. In order to clear the course, candidates will have to score at least 40 marks in every subject with an aggregate of 50% or above.
  • Scoring 60 marks and above in any subject will exempt you from reappearing for that particular subject in case you fail the course and plan to give the exams again.

3. Articleship in CA:

After clearing the IPCC, an internship of 3 years under a certified CA is mandatory for all candidates. The articleship is to gain practical perspective in the field of accountancy.

4. Final Course:

During the last six months of the 3-year articleship, candidates can appear for the final course exams. After clearing the final course, candidates are awarded the designation of Chartered Accountant.



CPT (Common Proficiency Test):

Paper No.

Name of the Subject

Parts of Subject

Paper 1

Principles and Practices of Accounting

Paper 2

Business Law & Business Correspondence and Reporting

  • Section A: Business Law
  • Section B: Business Correspondence and Reporting

Paper 3

Business Mathematics and Logical Reasoning & Statistics

  • Part I: Business Mathematics and Logical Reasoning
  • Part II: Statistics

Paper 4

Business Economics & Business and Commercial Knowledge

  • Part I: Business Economics
  • Part II: Business and Commercial Knowledge

IPCC (Integrated Professional Competence Course):

Paper No.

Name of the Subject

Parts of Subject

Paper 1

Accounting

Paper 2

Corporate Laws & Other Laws

  • Part I: Corporate Laws
  • Part II: Other Laws

Paper 3

Cost and Management Accounting

 

Paper 4

Taxation

  • Section A: Income Tax Law
  • Section B: Indirect Tax Laws

Paper 5

Advanced Accounting

Paper 6

Auditing and Assurance

Paper 7

Enterprise Information System & Strategic Management

  • Section A: Enterprise Information System
  • Section B: Strategic Management

Paper 8

Financial Management & Economics for Finance

  • Section A: Financial Management
  • Section B: Economics for Finance

 

FC (Final Course):

Paper No.

Name of the Subject

Parts of Subject

Paper 1

Financial Reporting

Paper 2

Strategic Financial Management

Paper 3

Advanced Auditing and Professional Ethics

Paper 4

Corporate Laws and other Economic Laws

Paper 5

Strategic Cost Management and Performance Evaluation

Paper 6

Elective Paper

Paper 7

Direct Tax Laws

  • Part I: Direct Tax Laws
  • Part II: International Taxation

Paper 8

Advanced Indirect Tax Laws

Important Links :

CA official website link          Click Here 
CA  College For joining          Click Here 
CA Registration                      Click Here 

Fees Details :

1. Registration fees ( include book fees )
2 . CPT Exam fees 
3. ITT & Orientation Fees 
4 . IPCC Registration Fees (Including Book fees )
5. Arrival ship Training ( Free )( you will earn incentive min 8000k )
6 orientation Fees ( complete before Final exam )
7. Final Exam fees ( including book fees 

If you complete All this process you Are certified CA
 

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