How to become a Chartered Accountant in India
There are 2 ways to become a chartered Accountant in India
1. Through Foundation Course route
2. Through Direct Entry route
1. Through Foundation Course route:
(i)To become a Chartered Accountant in India through Foundation Course route first you have to enroll for Foundation Course after appearing in Class 12th Examination conducted by an examining body
constituted by law in India or an examination recognized by the Central Government as equivalent thereto.
(ii) Complete four months Study Period. Register till 30th June/ 31st December for being eligible to appear in
November/ May Foundation Course Examination.
(ii) Appear in Foundation Examination after passing in the Senior Secondary Examination (10+2 examination)
conducted by an examining body constituted by law in India or an examination recognised by the Central
Government as equivalent thereto and on complying with (ii) above.
(iii) Join Intermediate Course after passing Foundation Examination.
(iv) Undergo Four Weeks Integrated Course on Information Technology and Soft skills (ICITSS) consisting of
Courses on Information Technology and Orientation Course at the earliest but these are to be completed
compulsorily before commencement of their articleship.
(v) Appear in Intermediate Examination on completion of 8 months of study course as on first day of the month in
which the examination is to be held.
(vi) Join articled training after passing either of the Group or Both Groups of Intermediate Course and after
successfully undergoing ICITSS.
(vii) Clear the balance Group (if any) of Intermediate Examination.
(viii) Register for Final Course.
(ix) Successfully undergo Four Weeks Advanced Integrated Course on Information Technology and Soft skills
(AICITSS) consisting of Courses on Advanced Information Technology and Management Communication Skills
during the last two years of practical training but before appearing in the Final Examination.
(x) Appear in the Final Examination on completion of the practical training or while serving last 6 months of
articled training on or before the last day of the month preceding the month in which the examination is to be
held after successful completion of AICITSS.
(xi) Complete articled training of 3 years.
(xii) Pass Final Examination.
(xiii) Enroll as a member of the ICAI and be designated as “Chartered Accountant”.
2. Through Direct Entry route:
I. Commerce Graduates/Post-Graduates (55%) or Other Graduates/Post-Graduates (60%):
(i) To become a Chartered Accountant in India through Direct Entry route first you have to enroll with the Institute for Intermediate Course.
(ii) Undergo Four Weeks Integrated Course on Information Technology and Soft skills (ICITSS) consisting of
Courses on Information Technology and Orientation Course before commencement of their articleship.
(iii) Register for Practical Training of three years.
(iv) Appear in Intermediate Examination on completion of 9 months of Practical Training on first day of the month
in which the examination is to be held.
(v)Appear and pass in both groups of Intermediate Examination.
(vi) Register for CA Final Course.
(vii) Successfully undergo Four Weeks Advanced Integrated Course on Information Technology and Soft skills
(AICITSS) consisting of Courses on Advanced Information Technology and Management Communication Skills
during the last two years of practical training but before appearing in the Final Examination.
(viii) Appear in the Final Examination on completion of the practical training or while serving last 6 months of
articled training on or before the last day of the month preceding the month in which the examination is to be held
after successful completion of AICITSS.
(ix) Complete articled training of 3 years.
(x) Pass Final Examination.
(xi) Enroll as a member of the ICAI and be designated as “Chartered Accountant”.
Provisional Registration: Candidates who are pursuing the Final year of Graduation Course shall be eligible for
provisional registration to the Intermediate Course. Such candidates would be required to submit satisfactory
proof of having passed the graduation examination with the specified percentage of marks within such period not
exceeding six months as from the date of appearance in the final year graduation examination.
During the period of provisional registration, the candidate can undergo and complete ICITSS. It is clarified that in their case, the practical training will commence only on becoming a graduate with specified percentage of marks. Such candidates shall be eligible for appearing in the Intermediate Examination on completion of nine months of
practical training.
If such candidates fail to produce the proof within the aforesaid period, his provisional
registration shall be cancelled and the registration fee or the tuition fee, as the case may be, paid by him shall not be refunded and no credit shall be given for the theoretical education undergone.
II. Candidates who have passed Intermediate level examination of Institute of Company Secretaries of India or
Institute of Cost Accountants of India
(i) Enroll with the Institute for Intermediate Course.
(ii) Undergo Four Weeks Integrated Course on Information Technology and Soft skills (ICITSS) consisting of
Courses on Information Technology and Orientation Course at the earliest but these are to be completed
compulsorily before commencement of their articleship.
(iii) Appear in Intermediate Examination on completion of 8 months of study course as on first day of the month in
which the examination is to be held.
(iv) Join articled training after passing either of the Group or Both Groups of Intermediate Course and after
successfully undergoing ICITSS.
(v) Clear the balance Group (if any) of Intermediate Examination.
(vi) Register for Final Course.
(vii) Successfully undergo Four Weeks Advanced Integrated Course on Information Technology and Soft skills
(AICITSS) consisting of Courses on Advanced Information Technology and Management Communication Skills
during the last two years of practical training but before appearing in the Final Examination.
(viii) Appear in the Final Examination on completion of the practical training or while serving last 6 months of
articled training on or before the last day of the month preceding the month in which the examination is to be held
after successful completion of AICITSS.
(ix) Complete articled training of 3 years.
(x) Pass Final Examination.
(xi) Enroll as a member of the ICAI and be designated as “Chartered Accountant”.
Hello sir , I have passed my foundation level (cpt ) of CA after 12 the standard and then registered for IPCC but due to some complications I then completed my degree in b.com from ignou. Now, although my IPCC registration is valid , my question is can I start my articleship directly then give IPCC paper or I have to first clear my IPCC group to enter articleship……kindly clear my doubt.
As you are from CPT route so you have to pass any one group or both group and then you can start your articleship.
Hello sir,
I opted for PCB (without Maths) in 12 th standard.
My query is “Am I eligible for CA foundation? ”
Thank you.
Yes
How many time to crack CA final
CA is Dream of Every Commerce Student This is Reputed and Future Job in India .
Here we are sharing with you a guide which will surely help you to become a successful Chartered Accountant.
Qualification:
Any student who has passed 10th class or any course equivalent to that can apply for the Common Proficiency Course (CPC) first.
Post qualifying for the 10+2 exam, a student has to then qualify in CPT exam.
After the CPT IPCC, successful article-ship or training under an officially practicing C.A has to be done for 3 years.
Then comes the CA Final.
STEPS To Study CA
CA Foundation
CA Intermediate
CA Final
CA Foundation
Foundation covers four basic subjects viz.
Paper 1: Principles and Practice of Accounting
Paper 2: Business Laws and Business Correspondence and Recording
Paper 3: Business Mathematics, Logical Reasoning and Statistics
Paper 4: Business Economics and Business and Commercial Knowledge
400 Marks exam with each paper accounting for 100 Marks. Paper 1 & 2 will be subjective type papers and 3 & 4 will be objective papers. Candidates can choose English or Hindi as the choice of language to appear in CA Foundation exam. However, Section B of paper 2 will compulsorily have to be given in English language. The objective papers, i.e. Paper 3 & 4, will have a negative marking of one-fourth, such that for every wrong answer, 0.25 marks will be deducted. Candidates will have to score a minimum of 40 marks in each paper and 50% overall (200 marks) to pass the CA Foundation exam.
CA Intermediate
Intermediate covers eight subjects viz.
Paper 1: Accounting
Paper 2: Corporate And Other Laws
Paper 3: Cost And Management Accounting
Paper 4: Taxation
Paper 5: Advanced Accounting
Paper 6: Auditing And Assurance
Paper 7: Enterprise Information Systems And Strategic Management
Paper 8: Financial Management And Economics for Finance
A Candidate can register for Intermediate after completing CPT/Foundation/Under Graduation/Post Graduation and take the exam after 9 Months. Every Paper on Intermediate exam carries a total of 100 Marks. A candidate is considered to have cleared Intermediate if he/she, in a given attempt, obtains 40% in each of the 8 Subjects and a 50% aggregate in the entire examination.
CA Final
Final Covers eight subjects viz.
Paper-1: Financial Reporting
Paper-2: Strategic Financial Management
Paper-3: Advanced Auditing and Professional Ethics
Paper-4: Corporate and Economic Laws
Paper-5: Strategic Cost Management and Performance Evaluation
Paper-6A: Risk Management
Paper-6B: Financial Services and Capital Markets
Paper-6C: International Taxation
Paper-6D: Economic Laws
Paper-6E: Global Financial Reporting Standards
Paper-6F: Multidisciplinary Case Study
Paper-7: Direct Tax Laws and International Taxation
Paper-8: Indirect Tax Laws
Conclusion:
I hope These are Helping You And Best Wishes.