CA Course Structure: Career as a Chartered Accountant

What are the subjects in CA?

CPT- Common Proficiency Test has following subjects:
Paper 1: Fundamentals of Accounting
Paper 2: Quantitative Aptitude
Paper 3A: Mercantile Law
Paper 3B: General Economics
Paper 4A: General English
Paper 4B: Business Communication
IPCC has following subjects:
Group 1:
Paper 1: Accounting
Paper 2: Business Laws, Ethics and Communication
Paper 3: Cost Accounting and Financial Management
Paper 4: Taxation
Group 2:
Paper 5: Advanced Accounting
Paper 6: Auditing and Assurance
Paper 7: Information Technology and Strategic Management
CA Final Exam has following subjects:
Group I
Paper 1: Financial Reporting
Paper 2: Strategic Financial Management
Paper 3: Advanced Accounting and Professional Ethics
Paper 4: Corporate and Allied Laws
Group II
Paper 5: Advanced Management Accounting
Paper 6: Information System and Control Audit
Paper 7: Direct Tax Laws
Paper 8: Indirect Tax Laws


What are different levels of CA

CA Course Structure has 3 levels:

  1. CA-CPT,
  2. CA-IPCC and
  3. CA-Final.

Student has to pass each level to go to next level. CPT Exam (i.e. earlier known as CA Foundation),CA-IPCC Exam (i.e. earlier known as CA-Inter) and CA-Final Exam are conducted twice a year.

Next CA-CPT exam will be held in December-2019. CA-IPCC and CA-Final Exam will be conducted in Nov 2019 and May 2020.

Before, you decide your career for CA its important to discuss,

why you should pursue CA Course?

Our Indian economy is intensively very active at this current pace, the managing of accounts and finance is a vital role which has to be performed in a corrective manner at all sectors of management. This most decisive job is done by the Chartered Accountant (CA) and this post is about making a career in chartered accountancy.

Chartered Accountant is considered as one of prestigious career option in India that offers mutual popularity and handsome of salary as base of Profession.

To crown such valuable degree as Chartered Accountant (CA) and becoming an Auditor, the candidates must undergo sequence of various exams and training, conducted by the Institute of Chartered Accountants of India which is the licensing body of CA degree in India.

In order to attend all those exams in Chartered Accountant career one has to meet unique Eligibility criteria’s you’ll get know in this article.

What are Eligibility Criteria for Chartered Accountant?

The Chartered Accountant course starts with three different consequent sections namely, Common Proficiency Test (CPT), Integrated Professional Competence Course (IPCC) and Final Course. Throughout the year registration for both of CPT exam and IPCC exams will be open so that students can enroll at any time but exams will be held at different schedules.The candidates who want to pursue CA should have minimum eligibility of 12th class.

The ICAI (Institute of Chartered Accountants of India has) framed two ways of entries to get into Chartered Accountant curriculum:

  • CPT entry after class 12
  • Direct entry after graduation

Candidates who want to stick with Chartered Accountant career should decide their mode of entry at time of Class 10 itself, because to attend the CPT exam after completing Senior Secondary Exam (Class 12), the registration must be done after successful completion of Class 10 or with having an equivalent grade from recognized board. In today scenario,it is advisable to choose CA after class 12, so that students can design their future career in advance. Critically, it’s necessary for the students to aware of this Eligibility criteria’s and Entry modes of Chartered Accountants curriculum.

What are Eligibility Criteria for CPT Entry after Class 12?

Common Proficiency Test (CPT)

A candidate who has successfully completed class 10, under the examining body of constituted by law in India (or an equivalent central government recognized examination) are only eligible to register for the Common Proficiency Test (CPT Exam) which is held twice in a year, during the month of June/Dec, (Upcoming CPT Exams are on June-2015 and December-2016) The Exam is conducted by the ICAI constituted by the Law of India (or any other equivalent examining body recognized by the Central Government).

In CPT Entry after Class 12 following Eligibility are concerned to take up the course:

  • Class 10 and Class 12 Examination of any recognized board of Association of Indian Universities (AIU) that equivalent to Senior Secondary Examination recognized by Central Government is considered.
  • The British examining bodies recognized by, The Association of Indian Universities GCE Advanced level Examination with at GCE ‘O’ level/IGCSE/GCSE in A/B/C Grades as equivalent qualification to Class 12 is considered.
  • Students who have done Diploma courses for two years after passing Class 10 under State /Central Government(s) Examination bodies or admitted for any equivalent certified courses using class 10qualifications or any other Central Government recognized Board established by law in India are also eligible to attend Common Proficiency Test (CPT).

However, students can appear for CPT exam only after the successful completion of class 12 or during the waiting period of 12th results, added no restriction with regard to age and secured marks in Senior Secondary Examination is considered. This entry level exam comprised of subjects like General Economics, Mercantile law, general aptitude and Accounting etc. Check detailed syllabus of CPT in the article http://blog.mytrustedtutor.com/common-proficiency-test-cpt-syllabus/

What is Integrated Professional Competence Course (IPCC) Exam?

Once candidates have passed the Common Proficiency Test (CPT), student can register themselves for the Integrated Professional Competence Course (IPCC) Exam which is also held twice in a year during the month of May/Nov (upcoming CA IPCC exam will be held in May-2016 and Nov-2016), where candidates are requested to choose any one of Group I & Group II that includes 9 months of training. 

Training & Courses

The IPCC is the starting stage of CA curriculum wherein, the registration for IPCC must be done before 8 months and most of accountancy and core subjects are covered during this course.

Also it’s mandatory for students to attend 100 hours of training in Information Technology courses and 35 hours of orientation courses. Moreover, Computer Training Program is necessary for every candidate who wants to be a Chartered Accountant.

The syllabus covers different sections like business environment, communication skills, general knowledge, personality development, office procedures.

After completing 9 months of IPCC training and courses, candidates have to take up Group I or Group II exams and so typically this Integrated Professional Competence test is known to be intermediate examination.

Subsequently on passing both of Group I Integrated Professional Competence Examination (IPCE) or Group II exams the candidates are eligible to register as Article Assistant for the period of 3 years. In regard to age, the person should be above 18 years during the time of Audit Clerks/ articled clerk registration.

During the time of serving as Articled Assistant, the candidates can register for the Final Exam followed by 15 days of course on General Management and Communication Skills (GMCS) also; this course can be done before the Final exam or during last 6 months of Articled Assistant training. Finally by getting the ICAI membership, candidates are recognized as Chartered Accountant.

What are Eligibility Criteria for Direct entry after Graduation?

The Direct Entry Scheme is only made available for Graduate candidates and they fall under following categories,

  • Commerce graduates and Post graduates who have secured minimum of 50% of total marks or equivalent grade in any one of recognized University with subjects, should have studied any 3 papers of Accounting, Mercantile Laws, Auditing, corporate Laws, Economics, Taxation, Costing, Management Accounting, Administration.
  • Those graduates who are not stick with the stream of Commerce should have minimum of 60% of the total marks or its equivalent grade in any one of recognized University. Candidates who have successfully graduated from any University (including open Universities) established by law in India also eligible to enter through Direct Entry.
  • Those candidates who have cleared CS Executive Exams under Institute of Company Secretaries of India and who have passed the CWA Inter Exams under Institute of Cost Accountants of India are also eligible through this direct graduate entry.

Candidates who enter the CA curriculum through graduate entry are exempted from the CPT exam and they can directly appear for Integrated Professional Competence Course (IPCC) after finishing the Article ship Training.

IPCC eligibility for Graduates

The IPCC is the first level of CA curriculum in Graduate entry; even the final year, who pursuing their graduation are eligible to apply for provisional registration of Integrated Professional Competence Course provided they have to submit, valid certificates after passing the examination with required percentage, along with candidate should undergo Information Technology Training(ITT) and Orientation Courses. Specifically for those who register during the final year should start their training after completing the Graduation.

 What is Eligibility criteria for Articleship Training?

The articleship training is a crucial requirement for CA eligibility where this training will complete the Integrated Professional Competence Course(IPCC) level, only for candidates who enter through Graduate entries avails the benefit of direct entry in IPCC after 9 months of articleship training and also exemption is given from Group 1 IPCC exam. Graduates and Post Graduates of Commerce and Non-Commerce graduates has to complete the following courses during their training period,

  • Orientation Course
  • Information Technology Training

Students who have cleared the examination of The Institute of Company Secretaries of India or The Institute of Accountants of India are eligible for three years of articled training on meeting below requirement:

  • Should pass in Group 1 & 2 of Intermediate Professional competence
  • Information Technology Training
  • Orientation Course

What is Eligibility Criteria for Final Examination?

In CA course, the final exam is common for both Class 12 entry and Graduate entry the exam is comprised of both practical and theory examination.

In total there are 8 subjects as 2 groups each holds 4 papers,which carries 100 marks for each subjects. The student should secure minimum of 40% in every paper, if fails then they have to reappear again.To complete the Final examination candidate must meet below requirements:

  • The candidate should clear the Intermediate and PE-II Exam.
  • After completion of Intermediate and PE-II Examination the candidate has to apply for the Final course to get registration number under concerned Board office.
  • To attempt the examination the candidates are expected to complete their practical training.

What is Final process to Become Chartered Accountant??

After completing all unique eligibility criteria’s, the Chartered Accountant career will provide a depth of knowledge in accounts and economic ethics through ideal training and exams. CA career is considered to be one of best beneficial career in India.

Chartered Accountants also called Auditors, are the designing tool of Indian economy and so along with career, they also obtain challenging rewards and pleasing personality, instant analyzing and many more professional skills and Ethics.

Once the candidate qualifies eligibility criteria then the person will be in great demand to acquire greatest career opportunities both in India and foreign countries.

The best CA tutors in Mumbai:

Dinesh Kapadia (19 years of experience) can be contacted HERE.

www.MyTrustedTutor.com

134 thoughts to “CA Course Structure: Career as a Chartered Accountant”

  1. hello Sir,
    I completed b.com with 75% but my degree certificates are yet to be issued.
    can i do articleship now
    please reply soon

  2. I am b.tech graduate in electrical engineering from NIT Patna. My b.tech percentage is 59%. I want to switch to CA studies. Can I be exempted from CPT and get direct entry after graduation. I secured 93℅ in 12 boards

  3. I am BE marine engineering graduate and currently working on ship. My BE percentage is 74 ℅. Is it possible to do required courses through distance education.

    1. Yes Prakash, its possible for CA to be done as distance course. But during examination, you have to appear in exam centre to write exam. Further, while doing articleship of 3 years, you have to visit office physically. So, partly it can be done online but during articleship, your physical presence is mandatory.

  4. Hello, I am doing my masters in commerce final semester & so far my percentage is above 70% but my bachelor degree percentage is less than 50% , so am I eligible for the course?

  5. I have completed my articleship in 1998 and not cleared my inter ca exam, can u suggest how to go ahead if i want to complte my ca couse now….

    1. Yes Akshita, you are eligible for CA. If you have secured 60% marks in graduation, you can go for Direct entry i.e. you can skip CPT and directly for CA IPCC. But if your marks is less than 60% you have to start from CA-CPT.

    1. Yes, you are eligible for CA. You have to fill form for CA-CPT to start with. If you opt for commerce in graduation, it will be a lot easier to pursue CA and Commerce together

  6. hi iam vignesh.i am a graduate from mg university,kottayam in mathematics.i just only have pass percentage(below 50%)in graduation.can i directly apply for the chartered accountancy in graduate entry..

  7. Hi sir, i ve done my bcom through distance education on age basis…. and i have not done with 12th grade…. so can i appear for ca…

  8. Hello i have completed my graduation with bsc maths scoring 59% so i want to know i m eligible for CA or not

  9. I have done graduation in science with 64% marks in year 1979 and want to pursue CA course. Kindly advice the procedure.

  10. Hello Team,

    I have done MComm in 2005 with first div.Can I pursue CA-Course & find a relevant job as I am 33 now.

    Regards,

    1. Yes Rajinder, if you have the will to pursue CA course, you can do at this age also. Just be sure that 3 years aricleship is mandatory and dure articleship, stipend is not great. So, think wisely before taking the call

  11. Hi,
    I have completed BCA and MCA and now desire to make career in Accounting. I have 1 years of experience in IT Field as Software engineer. Please advise the way to take up CA study parttime or weekend study because I am currently working.

    Thanks

  12. Hi. I have completed MBA finance withe 66%. I have 5 years experience in accounting. So, please give me guidance for become CA. And what procedure or steps for CA.

  13. hi, i am B.com and MCA. i am working nearly 10 years in software industry. now i want to retire in software and come back to audit field. i want complete videos for CA preparation. anything like that available.

  14. Hello.. My name is Bishal and I am under graduate student in English literature. My 12th percentage was above 50 in Science. Can I apply in C. A.?

  15. Hello sir!!
    I am in 10th class and selected commerce field as my career
    and i want to ask that the ICE is important as to become CA in future

  16. Hi, this is Vishnu iam going B.com Accounting and finance, final year after finishing my UG course, I will available to study CA directly. plz reply soon

  17. sir, i am secured 70% marks in my 12th (commerce)
    and graduated in economics (B.A.Economics) with 50% of marks
    now i am 30 years old. now can i apply for CA ?

  18. sir i completed master of computer application but i am interested become an CA. but mine degree percentage if 58.95% and master degree percentage is 60%. i am not interest in software field i want became an CA officer? its possible or not please inform sir

  19. sir i completed master of computer application but i am interested become an CA. but mine degree percentage if 58.95% and master degree percentage is 60%. i am not interest in software field i want became an CA officer? its possible or not please inform sir and i didnt study B.Com / M.Com i studied only B.Sc and MCA

  20. How can I be a chartered accountant?
    I am in 10th standard this year going through the board exams.I am thinking about my future plans. I found the CA best for me.

  21. How can I be a chartered accountant?
    I am in 10th standard this year going through the board exams.I am thinking about my future plans. I found the CA best for me.please help me

  22. Mr. Trusted tutor

    I Have completd my B. E (Electrical & Electronics Engineering) and i also have scored above 60% of marks in overall subject. but in 10st just got 55.55% . so shall it be a problem with that and i have gone through your reviews it says that for aticleship we have to physically present but can we do it in part time ….. Because i am working as a Manager in a firm and now i have to do CA or any other course… as it very boring without further studies…..
    Your suggestions are required….
    Regards

  23. Mr. My Trusted tutor

    I Have completd my B. E (Electrical & Electronics Engineering) and i also have scored above 60% of marks in overall subject. but in 10st just got 55.55% . so shall it be a problem with that and i have gone through your reviews it says that for aticleship we have to physically present but can we do it in part time ….. Because i am working as a Manager in a firm and now i have to do CA or any other course… as it very boring without further studies…..
    Your suggestions are required….
    Regards

  24. Dear sir,
    I have worked 4 years in Accounts department and I am doing Book-keeping and accounting, taxation services,i have interest to become a CA, what step I have to take.

  25. Sir !
    I’m in class 10th and i want to do CA in future .
    can you please help me out and advice me for it
    i will be highly obliged .

  26. Hello, I am Completed graduation in B.Com and scored below 50% but i have scored 58% in Master degree (Distance) can i apply for CA.

  27. Hi , I have completed MBA HR, i did tally 3 month course too… shall i can take a career in Chartered Accountant?
    If it is okay…. What are the things that have to be followed.

    Pls let me know

  28. Hello…..my name is roshan.i have completed b.com with 65% but my 10th % less than 50 so can I apply for CA …..plz rply

  29. Hello …..my name is roshan .I have completed b.com with 65 % but 10th % is less than 50 % so can I apply CA ….

  30. I’m presently studying 12th and decided to take b.com general or accounting and finance. Can I pursue CA together with my b.com course and is there any exams that I have to take up after 12th and if I can pursue both together what are the steps and procedures that I have to follow…

  31. Hi, My Name is Kishor Rajpal, I have done my B com in the year 1999 with 1st class and did MBA with Sikkim Manipal University in 2011. I want to Persue CA.
    Can you pls guide me with the procedure and dates for enrolling my in CA.

  32. hello sir,
    my self deepak kumar. i hav completed my b.com with 60% marks but i hav financial problem but i want to do ca plz tell me how can i do?

  33. Hi I’m a Captain in MERCHANT NAVY, 38yrs old, my basic qualification is Graduate in B SC Nautical Science with 73% from Madras University.
    Due to health issues I want to quit sea life and pursue CA degree. Am I eligible,please reply.
    TIA

  34. Hello sir I completed my boom and MBA. I understand that I can do directly the Intermediate course. I wanted to make sure is their any entrance for intermediate course if we join like that. Or is it like wen we join in intermediate course we just need to attend 100 hours of IT training with 35 hours of orientation. And after that are we extempted from group 1 exam. After this 135 hours what subjects should we write in group 2 exam

  35. Hello sir I completed m and MBA. I understand that I can do directly the Intermediate course. I wanted to make sure is their any entrance for intermediate course if we join like that. Or is it like wen we join in intermediate course we just need to attend 100 hours of IT training with 35 hours of orientation. And after that are we extempted from group 1 exam. After this 135 hours what subjects should we write in group 2 exam

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  37. Sir I have completed my graduation . In science can I eligible for CA .

    Pls tell me process starting to end .

  38. Hi
    I have completed my 12 with science stream in nepal and now i want to do CA so how can i get in to it ….plz suggest me the way to it..

  39. Hello… i am deepak bodra and i am graduate, what i do for CA. am i apply for entrance exam or can i direct entry.

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  42. I have completed my 12th in 2012, if I am doing my graduation from yashwant rao open University, after completion of my course can I write the IPCC exam?

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  44. Sir,
    I’ve completed B.com with 52% marks this year only. Am i eligible to be registered under ca ipcc direct entry scheme.

  45. Hi
    I AM a veterinary graduate (B.V.Sc & A.H) and now doing job in a reputed multinational as Manager. I am 45 years of age.
    My OGPA ( OVER ALL GRADE POINT AVERAGE) in B.V.Sc was 2.28/4 and in 10+2 (Medical) I secured about 64%.

    I want to do C.A.

    How can I proceed?

    Please guide.

    Dr.Rajesh

  46. Hi sir,
    After my 10th class completion, I skipped PUC and joined open University B.Com. I passed B.Com in first class. I don’t have PUC certificate. Can I join for CA?

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