Chartered Accountant
To become a Chartered Accountant, you need to pass 3 stages:
CA Foundation
CA Intermediate
CA Finals
CA Foundation: While there is no particular stream in which students should have pursued their studies, it is mandate to have passed 10+2 to be eligible for CA Foundation. There is a 4 month study period that is mandatory and needs to be completed before appearing for the exams. There are 4 papers in this exam and to be qualified its important to pass in all the papers with a minimum aggregate of 40% individually and a total aggregate of 50%. 2 papers are Objective type and 2 papers are Subjective type with negative marking for 2 papers. The subjects are Principles and Practises of Accounting, Business alaw & Business Correspondence and Reporting, Business Mathematics & Logical reasoning and Statistics, Business Economics & Business Commercial and Knowledge. For example, the score should be 40/40/40/40 in every subject and 50% overall. Even if a student gets 50% or above overall but doesnt get 40% in any one subject, he/she doesn't qualify. He/She is considered failed. And in the same manner, even if he/she passes all subjects but scores less than 50% over all, again he/she is considered failed. The 4 months training period should be able to equip the students with the required knowledge on all these subjects and that's the reason why it is not necessary to have a Commerce background in 10+2. The exams are held in May and November of every year.
CA Intermediate: This is the 2nd level of becoming a CA. There are 2 routes for this phase. One is completing CA Foundation and the other is a direct entry. Graduates/Post graduates of Commerce/Non Commerce background can directly join CA Intermediate provided they clear their qualifying examination with the required aggregate. You need to be registered with ICAI for CA Intermediate for both the ways. There are 8 papers in CA Intermediate that are both Subjective and Objective type. And the same pass rule applies here as well. Should score above 40 in each subject with an average aggregate of 50%. The subjects are divided into 2 groups. Group 1 has Accounting, Corporate Laws and other Laws, Cost and Management Accounting, Taxation. Group 2 has Advanced Accounting, Auditing and Assurance Enterprise Informations Systems and Strategic Management and Financial Management and Economics for Finance. For Direct entry Commerce Graduates, it is important to have 50% aggregate in their qualifying examination and for Non Commerce Graduates, 60% aggregate is mandatory. And then there is a mandate period of Orientation period and study period. In CA Intermediate as well, the exams are conducted in May and November of every year.
CA Final: The Chartered Accountants Final Exam has 2 groups namely Group 1 and Group 2. Group 1 has Fiancial Reporting, Strategic Financial Management, Advanced Auditing and Professional Ethics, Corporate and Allied Laws. Group 2 has Advanced Management Accounting, Information Systems Control and Audit, Direct Tax Laws and Indirect Tax Laws. The eligibility is that you should have passed your CA Intermediate and registered with ICAI. You should have completed the mandatory 12 months Practical Training or Articleship or should be in the 12th month of training by the time of examinations. And the pass rule applies here as well. After the succesful completion of all these levels, you are now a qualified CA.
Hello!!
There is no defined course duration to complete CA course, however, ideally all courses of CA are completed within 5 years. The course is considered complete only after a student clears all papers of Chartered Accountancy courses.
Thankyou.
Hello,
you have to find out way to make the learning process and easy and willful. All you have to know is what is the process and what are the subjects and syllabus to cover.
there are 3 stages:- Test of competence, test of professional skills, test of professional expertise.
You can get syllabus from ICAS web page.
You have to make plan to learn time management. if you can opt for digital course then that will help you to provide competitive environment.
Hope it helps!
Hello student nothing is easy you need to work hard Chartered Accountant course need your patience as the syllabus is very lengthy and time is limited. You need to appear in foundation programme after class 12 if you're willing to pursue CA course and if you're a graduate then you can directly enroll yourself in Intermediate level.
The CA course is consist of 4 levels as mentioned before -
1)foundation programme
2)Intermediate programme
3)article Ship
4)Final programme
Feel free to comment if you have any doubt
Good luck
First of all before starting your prepration prepare your mind for CA, because it needs full dedication, its not tough but hard work is must. One should be regular in his/her studies. Daily revision and practice makes easy for you to clear CA exams. I am quoting certain steps for becoming CA here:-
Greeting Aspirant,
CA articleship is not considered as work experience. I found out on an official CIC page that any work done in pursuing an education (like an articleship) will not be considered work experience.
Some schools like ISB are pretty clear about the fact that articleship experience is not counted as work experience.
Hope My Answer Helped You
Best of Luck For Your Future
Hello
Both CA and CS are good for your future, the thing is what you decides matters the most.
In most cases, there isn't a point to get both of these certifications. Both credentials offer different opportunities, but in most cases a CA can do everything that a CS can do. Thus, if you are going to get one certification, you are better off just becoming a chartered accountant.
Hope my answer helped you.
Hello ,
sorry to say you but you cannot enter in Indian Navy at account and Finance Department by cdac because the the age limit is upto 23 years. but in Indian Air Force if you appear in UPSC or AFCAT examination then you can join as accounts officers. hope this will help you
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