The abbreviated form of Chartered Accountant is CA. The course to undergo to become a Chartered Accountant is the CA Course. The governing body to regulate the profession of Chartered Accountancy in India is the ICAI (Institute of Chartered Accountants of India). ICAI is the world's second-largest professional accounting body.
The Design of a CA Course : -
The CA Course is designed with the passing of three Levels of examinations. :-
Level 1 - CA-Foundation Course.
Level 2 - CA Intermediate Course.
Level 3 - CA-Final Course.
1. When to appear for exam?
After completion of atleast 4
months from the date of registration with ICAI. One is also eligible to
register with his X board results.
2. Who can appear?
Students who have appeared for Class XII exams.
CA Foundation Course comprises of four papers.
Paper-1: Principles and Practice of Accounting.
Paper-2: Business Laws.
Paper-3: Business Economics.
When are the attempts in a year? : May and November.
Which Medium one can choose? : English or Hindi
What are the passing criteria? : 40% marks
in each subject.
50% marks in aggregate.
1. Through CA-Foundation: Join CA-Intermediate after passing CA-Foundation.
2. Through Direct Entry: The ICAI allows the following candidates to enter directly into its Intermediate Course.
A. Commerce Graduates/Post-Graduates (with an aggregate of 55% marks and above) or Other Graduates/Post-Graduates (with an aggregate of 60% marks and above).
B. Intermediate level passed candidates of Institute of Company Secretaries of India and Institute of Cost Accountants of India.
3. Candidate should have completed 8 months of preparations for the intermediate course before the month of his/her attempt.
There are four papers in each group.
Group-I
Group-II
When are the attempts in a year? : May and November.
Which Medium one can choose? : English or Hindi
What are the passing criteria? : 40% marks
in each subject.
50% marks in aggregate.
Can exams be given group-wise or both groups in a single attempt? : Yes
Conditions that lay with ‘set-off ’ rules are
A.
You should have cleared all subjects of both groups (i.e. scored 40 or above)
B.
It is used only for increasing aggregate and not for gaining passing marks.
C.
It is not applicable if you are re-appearing for both the groups with exemption in only subject/subjects
Final comprises two groups with eight papers & All papers are of subjective type.
Group-I
Group-II
When are the attempts in a year? : May and November.
Which Medium one can choose? : English or Hindi
What are the passing criteria? : 40% marks
in each subject.
50% marks in aggregate.
Can exam be given group-wise / both group together ? : Yes
50% of the total will be calculated on total of both groups ( Not Group Wise).
