Chartered Accountancy (CA) is an Indian professional course in finance, tax, accounting, and auditing offered by the Institute of Chartered Accountants of India (ICAI). It is a highly respected profession with various career opportunities, including auditing, taxation, financial accounting, and business advisories.
Frequently asked questions
What is the CA Course?
Chartered Accountancy (CA) is an Indian professional course in finance, tax, accounting, and auditing offered by the Institute of Chartered Accountants of India (ICAI).
Is there a compulsory training or articleship period?
Yes, after passing the CA course’s Intermediate exams, students must complete a 2-year articleship, or practical training under a chartered accountant in practise, giving them experience in the field.
What is the CA Eligibility Criteria?
Students who have passed their 10+2 exam may register for the CA Foundation course. Graduates and postgraduates with specific marks can bypass the Foundation level and enrol directly in the Intermediate course.
What is the CA Course Duration?
Generally is CA Foundation its for 4 – 5 Months and for CA Intermediate its for 7 – 9 Months of Coaching Classes and followed by Mock Exams.
What does a CA do?
Chartered Accountants or CA are professionals who deal with financial accounting and reporting, management accounting, audit, assurance, finance, taxation, economic planning, and capital formation. A CA is also responsible for maintaining the financial aspects of a company
What subjects are covered in the CA Foundation course?
The CA Foundation course includes four subjects: Accounting, Business Laws, Quantitative Aptitude, and Business Economics. Totally 4 papers.
What are the stages of being a CA?
The Institute of Chartered Accountants of India (ICAI) is responsible for creating the CA program, which consists of three stages: CA Foundation CA Intermediate CA Final
What is the CA Course Syllabus?
The CA qualification is divided into 3 levels with a total of 20 papers.
CA Foundation Level (4 Papers)
- Paper 1: Principles and Practice of Accounting
- Paper 2: Business Laws and Business Correspondence and Reporting
- Paper 3: Business Mathematics and Logical Reasoning & Statistics (MCQ)
- Paper 4: Business Economics and Business & Commercial Knowledge (MCQ)
CA Intermediate Level (8 Papers)
- 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 & Strategic Management
- Paper 8: Financial Management & Economics for Finance
CA Final Level (8 Papers)
- 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
What’s CA Passing Criteria and Pattern of Exam?
Minimum of 40 percent marks in each paper and 50 % in Aggregate.
To appear for the CA Foundation Exam, a student should have cleared 12th / PUC /Any Equivalent
Common question answered
CA Foundation Registration & Fee
- Course Registration Fee: ₹9,000 (Valid for 5 years)
- Exam Fee: ₹1,500 (Payable while registering for the examination)
CA Foundation Exam
- Mode of Exam: Offline written examination conducted at ICAI-approved centres. Students must attempt all four papers.
- Exam Pattern: Papers 1 & 2 are descriptive, while Papers 3 & 4 are objective (negative marking applies).
- Pass Criteria: Minimum 40% in each paper and 50% aggregate in all papers.
When is the CA Foundation Exam conducted?
- January Attempt: Registration closes on 1st September of the previous year.
- June Attempt: Registration closes on 1st February.
- September Attempt: Registration closes on 1st May.
What is the CA Foundation Structure?
- Paper 1 – Accounting
- Paper 2 – Business Laws
- Paper 3 – Quantitative Aptitude
- Paper 4 – Business Economics
To appear for the CA Intermdiate Exam, a student must meet one of the following criteria:
- Cleared CA Foundation: The candidate should have cleared the CA Foundation
- Commerce Graduates/Non Commerce Graduates: Candidates who are Commerce graduates have scored 55% and Non Commerce Graduate s have scored 60% are also eligible to register directly for the CA Intermediate Examination
- CMA Intermediate/CS Executive: Candidates who have cleared CS Executive or CMA Intermediate are also eligible to register directly for the CA Intermediate Examination
Common question answered
CA Intermediate Registration & Fee
- Course Registration Fee: ₹18,000 for CA Foundation students and ₹18,200 for Direct Entry students. The registration is valid for 5 years.
- Exam Fee: ₹2,700 per group, payable while registering for the examination.
CA Intermediate Exam
- Mode of Exam: Offline written examination conducted at ICAI-approved centres. Students need to attempt at least one group.
- Exam Pattern: 70% Descriptive and 30% Objective.
- Pass Criteria: Students must score at least 40% in each paper and 50% aggregate in a group to pass.
When is the CA Intermediate Exam conducted?
- January Attempt: Registration closes on 1st May of the previous year.
- June Attempt: Registration closes on 1st September of the previous year.
- September Attempt: Registration closes on 1st January.
What is the CA Intermediate Course Structure?
Group 1
- Paper 1 – Advanced Accounting
- Paper 2 – Corporate Law and Other Laws
- Paper 3 – Taxation
Group 2
- Paper 4 – Cost & Management Accounting
- Paper 5 – Auditing and Ethics
- Paper 6 – Financial Management & Strategic Management
To appear for the CA Final Examination, a student must meet one of the following criteria:
- Cleared the CA Foundation and CA Intermediate examinations.
- Completed or be in the process of completing 2.5 to 3 years of articleship training under a practicing Chartered Accountant.
- Completed the Four Weeks Advanced Integrated Course on Information Technology and Soft Skills (AICITSS).
- Have a valid registration with the Institute of Chartered Accountants of India (ICAI).
Common question answered
CA Final Registration & Fee
- Course Registration Fee: ₹22,000 for Indian students (both groups) and USD $1,000 for overseas students (both groups).
- Exam Fee: ₹1,800–₹3,300 for Indian students and USD $550 for overseas students.
- Practical Training Fee: ₹2,000 for CA Articleship. The total practical training fee is ₹14,500.
- Total Estimated Cost: ₹39,800 for Indian students and USD $1,550 for overseas students.
CA Final Exam
- Mode of Exam: Offline written examination conducted at ICAI-approved centres. Students may attempt one or both groups.
- Exam Period: Conducted twice a year (May/June and November/December).
- Exam Pattern: Offline written examination.
- Pass Criteria: Minimum 40% marks in each paper and 50% aggregate in each group.
CA Final Structure & Resources
Group 1
- Paper 1 – Financial Reporting
- Paper 2 – Advanced Financial Management
- Paper 3 – Advanced Auditing, Assurance, and Professional Ethics
Group 2
- Paper 4 – Direct Tax Laws and International Taxation
- Paper 5 – Indirect Tax Laws
- Paper 6 – Integrated Business Solutions
