3 Year
Duration
About
Chartered Accountancy : Chartered Accountant is a designation given to an accounting professional who has received certification from a statutory body that he/she is qualified to take care of the matters related accounting and taxation of a business, like file tax returns, audit financial statements and business practices, maintaining records of investments, preparing and reviewing financial reports and documents.
A Chartered Accountant is also qualified to offer advisory services to clients which include companies and individuals.
Becoming a certified Chartered Accountant requires completing three levels of training designed by the Institute of Chartered Accountants of India (ICAI). The ICAI, is a statutory body which regulates and maintains the profession of chartered accountancy in India
Under the Scheme of Education and Training, a candidate can pursue Chartered Accountancy Course either through, Foundation Course Route or Direct Entry Route.
Foundation course is the entry point into the course after Class XII, while Direct Entry is for those who have completed Graduation.
About ICAI Exam
In India, the Institute of Chartered Accountants of India (ICAI), conducts CA exams and certify a candidate as a qualified Chartered Accountant on successful completion of the three-level course.
Examinations conducted are:
Common Proficiency Test (CPT)
Intermediate (Integrated Professional Competence) Examination
Final Examination
Common Proficiency Test is the entry level exam for CA course, followed by Intermediate and Final examination. Intermediate (IPC)E & Final examinations are conducted twice a year, in May and November. CPT is conducted twice a year, in June and December. Click here for all about ICAI exam.
Process to become a certified Chartered Accountant
Steps under Foundation Route entry
Register with Board of Studies (BoS) after appearing in or clearing Class XII examination.
Complete four months study period (bi-annual registration: till 30th June / 31st Dec.)
Appear for Foundation examination in November/May.
Qualify Foundation Course
Register with the BoS for the Intermediate Course
Complete 8 months of study course
Appear and pass in either or both groups of Intermediate Course
Successfully complete Four Weeks Integrated Course on Information Technology and Soft Skills (ICITSS) any time after registering for Intermediate Course but before commencement of the Practical Training
Register for Three Years Practical Training on passing either or both the Groups of Intermediate Course
Register for the Final Course after qualifying both the Groups of Intermediate Course
Successfully complete Four Weeks Advanced Integrated Course on Information Technology and Soft Skills (AICITSS) during the last two years of Practical Training but before appearing for Final Examination
Appear in Final examination during last six months of practical training
Complete Practical Training
Qualify both groups of Final Course
Become a member
Steps Under Direct Route Entry
Graduates can pursue Chartered Accountancy course through Direct Route entry.
In this entry route, Graduates/Post Graduates from Commerce stream with at least 55% aggregate or equivalent score can apply. However, they must have studied Accounting, Auditing, Mercantile Laws, Corporate Laws, Economics, Management (including Financial Management), Taxation (including Direct Tax Laws and Indirect Tax Laws), Costing, Business Administration or Management Accounting or similar to the title of these papers with different nomenclatures.
Graduates/Post Graduates from non-commerce must have secured in aggregate a minimum of 60% of the total marks or its equivalent grade in the examination conducted by any recognized University (including Open University).
Direct Route entry is also open to candidates who have passed Intermediate level examination conducted by The Institute of Cost Accountants of India or by The Institute of Company Secretaries of India. Such candidates are exempted from qualifying Foundation and can register directly to Intermediate Course.
Candidates in their final year of Graduation can also register for the Intermediate Course on a provisional basis. Registration of such candidates would be regularized only on submission of final year mark-sheet or passing certificate within six months from the date of appearance in the final year graduation examination and on successful completion of ICITSS (Orientation Course and Information Technology). During the provisional registration period, a candidate can undergo and complete ICITSS (Orientation Course and Information Technology).
Steps under Direct Entry Scheme for Eligible Graduates and Post Graduates:
Register with the BOS for the Intermediate course
Successfully complete Four Weeks ICITSS before the commencement of the Practical Training
Register for Three Years Practical Training
Appear in Intermediate examination after nine months of Practical Training
Qualify Intermediate Course
Register for the Final Course after qualifying both groups of Intermediate Course
Successfully complete Four Weeks AICITSS during the last two years of Practical Training but before appearing for Final examination
Appear in Final examination during last six months of practical training
Complete practical training
Qualify both groups of Final Course
Become a member
Steps under Direct Entry Scheme for students who have passed Intermediate level examination of the ICSI or the ICAI:
Register with the BoS for the Intermediate Course
Complete 8 months of study course
Appear and Pass in either or both Groups of Intermediate Course
Successfully complete four-week ICITSS any time after registering for Intermediate Course but before the commencement of the Practical Training
Register for three-year Practical Training on passing either or both the Groups of Intermediate Course
Register for the Final Course after qualifying both the Groups of Intermediate Course
Successfully complete Four Weeks AICITSS during the last two years of Practical Training but before appearing for Final examination.
Appear in Final examination during the last six months of Practical Training
Complete Practical Training
Qualify both groups of Final Course
Become a member
The job of a Chartered Accountant is one of the toughest ones in the world of business. The responsibility of company’s financial health is largely depended on its CA’s competency, for he not only advises the client on financial matters but also detects and prevents fraud and deal with financial irregularities. To be able to handle this ultra-sensitive aspect of business, the CA must possess the following skills:
Skillset for Chartered Accountancy Aspirants
Commercial Awareness Analytical Skills
Communication Skills Teamwork SkillsQ: What is the eligibility criteria for Chartered Accountancy?
A: CA course can be pursued right after Class 12th by registering for the Foundation course of ICAI. Also, there is direct entry route for those who have completed a bachelor or masters degree in commerce discipline with at least 55% marks and in other disciplines with 60% marks or have passed the Intermediate course of Institute of Company Secretaries of India. For direct entry admission, candidates have to register for the Intermediate course of ICAI.
Q: Is there any age limit for Chartered Accountancy?
A: There is no maximum age limit for the CA course. However, minimum age should by 17 years (Class 12 pass).
Ethics and Professionalism Eye for detail
Visit the official programme website for more information.Study Mode: On Campus
Study Load: Full Time
Course Category: Business & Management
Degree Level: Certificate & Diploma
Location: Road No-2,
Birgunj,
Province No. 2,
44300,
nepal.
Paper Name
Paper 1 Principles and Practice of Accounting
Paper 2 Business Laws & Business Correspondence and Reporting Section A: Business Laws
Section B: Business Correspondence and Reporting
Paper 3 Business Mathematics and Logical Reasoning & Statistics
Part 1: Business Mathematics and Logical Reasoning
Part 2: Statistics
Paper 4 Business Economics & Business and Commercial Knowledge
Part 1: Business Economics
Part 2: Business and Commercial Knowledge
Skill Assessment Foundation Course – marking scheme
Paper Level I: Comprehension & Knowledge Level II: Application
1 Principles and Practice of Accounting 5%-20% 80%-95%
2A Business Laws 50%-65% 35%-50%
2B Business Correspondence and Reporting 100% –
3 Business Mathematics and Logical Reasoning & Statistics – 100%
4I Business Economics 40%-50% 50%-60%
4II Business and Commercial Knowledge 100%
Papers of Intermediate Course
Group Paper Name
Group 1
Paper 1: Accounting
Paper 2: Corporate and other Laws
Part 1: Company Law
Part 2: Other Laws
Paper 3: Cost and Management Accounting
Paper 4: Taxation
Section A: Income Tax Law
Section B: Indirect Taxes
Group II
Paper 5: Advanced Accounting
Paper 6: Auditing and Assurance
Paper 7: Enterprise Information Systems & Strategic Management
Section A: Enterprise Information Systems
Section B: Strategic Management
Paper 8: Financial Management and Economics for Finance
Section A: Financial Management
Section B: Economics for Finance
Skill Assessment Intermediate Course – marking scheme
Paper Level I
Comprehension & Knowledge
Level II
Analysis & Application
1 Accounting 5%-15% 85%-95%
2 Part I: Company Law 40%-55% 45%-60%
2 Part II: Other Laws 35%-55% 45%-65%
3 Cost and Management Accounting 20%-30% 70%-80%
4A Income-tax law 5%-20% 80%-95%
4B Indirect Taxes 20%-45% 55%-80%
5 Advanced Accounting 5%-15% 85%-95%
6 Auditing and Assurance 30%-55% 45%-70%
7A Enterprise Information Systems 40%-65% 35%-60%
7B Strategic Management 50%-70% 30%-50%
8A Financial Management 20%-30% 70%-80%
8B Economics for Finance 60%-80% 20%-40%
Papers for Final Course
Group Paper Name
Group 1
Paper 1: Financial Reporting
Paper 2: Strategic Financial Management
Paper 3: Advanced Auditing and Professional Ethics
Paper 4: Corporate and Economic Laws
Part I: Corporate Laws
Part II: Economic Laws
Group II
Paper 5: Strategic Cost Management and Performance Evaluation
Paper 6: Elective Paper
List of Elective Papers:
6A Risk Management
6B Financial Services and Capital Markets
6C International Taxation
6D Economic Laws
6E Global Financial Reporting Standards
6F Multi-disciplinary Case Study
Paper 7:
Direct Tax Laws & International Taxation
Part 1:
Direct Tax Laws
Part 2: International Taxation
Paper 8: Indirect Tax Laws
Part 1: Goods and Services Tax
Part 2: Customs and FTP
Skill Assessment Final Course – marking scheme
Paper Level I
Comprehension & Knowledge
Level II
Analysis & Application
Level III
Evaluation & Synthesis
1 Financial Reporting 5%-15% 55%-85% 15%-25%
2 Strategic Financial Management 10%-20% 20%-40% 50%-60%
3 Advanced Auditing and Professional Ethics 15%-25% 40%-70% 20%-30%
4 Corporate & Economic Laws
Part I: Corporate Law
15%-25% 40%-55% 30%-35%
Part II: Economic Laws 30%-50% 50%-70%
5 Strategic Cost Management and Performance Evaluation 10%-15% 45%-55% 35%-40%
7 Direct Tax Laws & International Taxation
Part I: Direct Tax Laws
5%-10% 55%-75% 20%-35%
Part II: International Taxation 40%-50% 50%-60%
8 Indirect Tax Laws
Part I: Goods and Services Tax
10%-30% 40%-70% 20%-30%
Part II: Customs & FTP 20%-40% 40%-70% 10%-20%
Visit the official programme website for more information.
Visit the official programme website for more information.
Visit the official programme website for more information.
Chartered Accountancy: Top Recruiters and Job Profiles
Chartered Accountancy as a profession assists accounting, auditing, taxation, financial and management areas of an individual or organisation. Chartered Accountants are one of the most sought after technical professionals in the world of finance who offer their services in maintaining and reviewing financial health of a business. Chartered Accountants today, have acquired important position in public as well as private sectors. A CA also acts as business advisor who helps in the preparation of financial reports, securing loans, preparing financial projections, showing how the loans will be repaid, and determining the viability of business. The CA also helps its client to comply with tax laws and represent him before government agencies.
Some of the key responsibilities include:
To prepare and maintain financial statements and budget
Conduct financial audits (of the organisation’s financial status)
Provide sound financial information and advice to the client
Advise clients on tax planning, financial risks, business acquisitions and mergers etc
Detect and prevent fraud and deal with financial irregularities if and when they arise
Produce reports and recommendations following internal audits or external audits
Advise clients on areas of business improvement
CA Top Recruiters
A chartered accountant is the necessity of all kinds of businesses, whether it big or small or even led by an individual. Every business which generates revenue needs a chartered accountant to manage its finance and taxes. So, they either hire an independent professional or take services of chartered accountancy firms.
Here’s we are mentioning some of the top corporate houses, which hire chartered accountants on regular basis:
International Firms
E&Y Grant Thorton Olam International
KPMG BDO Alghanim Industries
Deloitte RSM International ETA Ascon Group
PwC Tolaram Group Landmark Group
Kuwait Resources House Oman Cables Industry Qatar Insurance Co
Rak Investment Authority Topaz Energy & Marine Morgan Stanley
JP Morgan Chase Citi Bank Credit Suisse
BNY Mellon Crisil Edelweiss
Indian Firms
Khumji Khiverji & Co Lodha & Co Suresh Surana & Asso LLP
SS Kothari Metha & Co Diwan Chopra & Asso S. Aiyar & Co
TR Chadha & Co Luthra & Luthra RM Rajapurkar & Co
JS Sundaram & Co ICICI Bank Axis Bank
Federal Bank Kotak Mahindra Standard Chartered
State Bank of India HDFC Bank IDFC Bank
RBL Bank Janalakshmi Bajaj Finserv & Group
FAQs Related to Chartered Accountancy
Q: Is Chartered Accountancy a degree?
A: Yes, it is the core professional degree for pursuing a career as a chartered accountant. For more details, read the article above.
Q: What is the duration of the Chartered Accountancy Course?
A: 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.
Q: What are the different course levels of Chartered Accountancy?
A: The CA course has different levels as under:
CA Foundation course
CA Intermediate/ IPC course
CA Final course
Q: What is the difference between Chartered Accountancy and Cost Accountancy?
A: The major difference between the CA and CMA courses is that – CA degree is a core study of accounting, taxation, auditing, and finance whereas CMA degree is the study of managing budgets, costing/ pricing, assets, liabilities, analysis, and much more. Also Read: CA vs CMA/ ICWA
Visit the official programme website for more information.
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