Are you interested in studying a professional course that will pay you well and provide you with scalable opportunities? If you want to learn about accounting, auditing, taxes, and finance, you should become a CA (Chartered Accountant). This blog will give you important information regarding the Chartered Accountancy course.
About CA Course
To become a CA, the individual or working professional or student first needs to do the registration. The Chartered Accountancy course in India is administered under the Institute of Chartered Accountants of India (ICAI). ICAI is a legal body that looks after the profession of Chartered Accountancy in India. ICAI has framed three levels under the chartered accountancy course. One has to clear all the three CA level exams along with training, then only he/she is eligible to become a CA. The three levels are as follows:
- CA Foundation Exam
- CA Intermediate Exam
- CA Final Exam
Apart from completing the levels, the CA Aspirants must also do 3 years of compulsory Articleship/ Internship Training as amended by ICAI.
CA Course Eligibility
The Institute of Chartered Accountants of India conducts exams and training to become a Chartered Accountant (ICAI). As noted, there are two ways to start the CA course; let’s examine both.
1st: Through CA Foundation
To take the CA Foundation exam, a candidate must have passed the 12th class from a recognised board and do the 4 months of study for the CA Foundation. Candidates can register for the CA Foundation course in 12th grade.
2nd: Direct CA Entry
Direct entrance to CA Intermediate requires meeting the following criteria:
- Commerce graduates/postgraduates with at least 55% total marks can apply. Accounting, auditing, mercantile law, corporate law, financial management economics, direct and indirect taxation, costing, business administration, and management accounting are required.
- Non-commerce graduates and postgraduates must have at least 60% in any university test (including Open University).
- Those who have passed the intermediate level Institute of Cost Accountants of India or Institute of Company Secretaries of India exams are also eligible for direct admittance. They can skip Foundation and go straight to Intermediate.
- Students in the final year can pursue the Intermediate course temporarily. Six months after graduating and completing an orientation course and IT training. 15-day orientation and IT courses are common. During the interim, you can take Orientation and IT tests.
CA Course Syllabus
| CA Level | Subjects | Marking Scheme |
| CA Foundation |
| 100 marks each(total 400 marks) |
| CA IPCC |
| 100 marks each(total 800 marks) |
| CA Final |
| 100 marks each(total 800 marks) |
CA Exam Pattern
CA Foundation Subjects
| Paper | Subject Name | Marks |
| Paper 1 | Principles and Practices of Accounting | 100 marks |
| Paper 2 | Business Law & Business Correspondence and Reporting
| 100 marks |
| Paper 3 | Business Mathematics and Logical Reasoning & Statistics
| 100 marks |
| Paper 4 | Business Economics & Business and Commercial Knowledge
| 100 marks |
CA Intermediate Subjects
| Paper | Subject Name | Marks |
| Paper 1 | Accounting | 100 marks |
| Paper 2 | Corporate and Other Laws
| 100 marks |
| Paper 3 | Cost Accounting & Financial Management
| 100 marks |
| Paper 4 | Taxation
| 100 marks |
| Paper 5 | Advanced Accounting | 100 marks |
| Paper 6 | Auditing and Assurance | 100 marks |
| Paper 7 | Enterprise Information System & Strategic Management
| 100 marks |
| Paper 8 | Financial Management & Economics for Finance | 100 marks |
CA Final Subjects
| Paper | Subject Name | Marks |
| Paper 1 | Financial Reporting | 100 marks |
| Paper 2 | Strategic Financial Management | 100 marks |
| Paper 3 | Advanced Auditing and Professional Ethics | 100 marks |
| Paper 4 | Corporate and Economic Laws
| 100 marks |
| Paper 5 | Strategic Cost Management and Performance Evaluation | 100 marks |
| Paper 6 | Elective paper (CA aspirant can select any one subject from the elective subjects)
| 100 marks |
| Paper 7 | Direct Tax Laws & International Taxation
| 100 marks |
| Paper 8 | Indirect Tax Laws
| 100 marks |
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