Are you one of the commerce students in class 12th who want to become a Chartered Accountant and are looking for CA Course After 12th details? Then you’ve undoubtedly come to the correct place.
If you want to know how to pursue a CA course beyond the 12th grade and what the eligibility and requirements are, this blog will tell you everything you need to know. You’ll find out about the fantastic career opportunities and earnings offered to CA applicants at the end of this blog.
What is a Chartered Accountant (CA)?
A Chartered Accountant, or CA, works as a financial controller in businesses and other industries. A CA can hold the following positions:
- Tax Accountant
- Management Accountant
- Financial Accountant
- Financial Analyst
- Budget Analyst
- Auditor, and more
CA is divided into three levels, each with three years of practical training, which takes around 4.5 years following class 12th. One can become a CA after completing their 12th grade or graduation. The candidates must pass three tiers of ICAI tests, which will be addressed later in the blog.
The Importance of the CA Course
CA as a profession has always been a popular choice among both young people and adults. The job is well-known and offers an excellent salary. Almost every sector and business requires a financial analyst to keep track of its expenses and revenues.
This clearly indicates that there is a considerable need for CAs across all industries and different sectors of the economy.
Eligibility to Become a CA after 12th
Understanding the CA Eligibility After 12th is crucial before starting on your CA journey. Here are the basic requirements:
- The candidate must have successfully passed their senior secondary examination (10+2).
- Candidates who have cleared entrance exams like the foundation or professional education exams can enroll in the Accounting Technician Course (ATC).
- Those registered for intermediate or professional education courses are also eligible for enrollment.
- Students registered for the Intermediate IPC course without ATC can also choose this path.
Details of CA Course after 12th: Step-by-Step Guide
Now that we’ve covered the eligibility criteria let’s take a look at how you can start your journey to becoming a Chartered Accountant after 12th grade. If you are in your last year or have recently completed your examinations, you should start preparing as soon as possible.
Below is a simple breakdown of the CA course details and what you need to know to get started after the 12th. Follow each step carefully to see how you might work towards your ideal career.
1. CPT Path after Class 12th
After completing your class 12th examinations, register with the Institute of Chartered Accountants of India (ICAI) for the standard proficiency test. One can even register after class 10th and take the exam after completing class 12th.
The examination covers four subjects: Accounting, Law, Economics, and Quantitative Analysis. It is a 200-mark admission exam. A minimum score of 100 out of 200 is required to pass it.
2. Register for the Integrated Professional Competence Course (IPCC)
To register for the IPCC, you must have passed both the CPT and your 12th-grade exams. Registration needs to be done at least nine months before the exam month. The IPCC exam consists of seven subjects, with a total of 700 marks. To pass, you must score at least 40 marks in each subject.
Additionally, you’ll need an overall score of 50% or higher to clear the exam. The exam is divided into two groups. The first group includes four subjects: Accounts, Law, Taxation, and Costing & Financial Management.
The second group covers three subjects: Audit, IT & Strategic Management, and Advanced Accounting. If you score 60 or more in any subject, you won’t need to retake that paper on your next attempt.
3. Articleship / Internship
This is the next step after passing the IPCC exam. It is a three-year training program or internship that includes the CA final test. A trained CA offers this instruction for the entire three years.
4. Registration for the CA Final Course
This examination is given during the final six months of a three-year internship program. The candidate can join ICAI and become a Chartered Accountant. After passing all of the tests, the candidate can proudly call themself a “Chartered Accountant.”
5. Fees
The cost of the complete CA education after class 12th is between INR 50,000 and 80,000. It includes all fees, such as registration, journal, orientation course, entrance exam, and so on.
6. The duration of the CA course
When questioned about CA course information after the 12th, one of the most common queries is how long it will take to complete the CA course and training. To complete your CA course, you will need to have completed at least 12th grade, which will take about 4.5 to 5 years. The candidate must start the CPT/CA foundation course.
7. CA Syllabus
For 12th-grade students, especially those in commerce, subjects like Accounts, Law, Finance, and Economics are key to preparing for CA exams. They must prepare in advance so that the CA tests are easily passed.
The CA journey has three stages, each with a different syllabus:
- The CPT/CA Foundation exam topics include General Economics, Laws, Quantitative Aptitude, Accounting Fundamentals, and other key topics from the CA Foundation syllabus.
- The IPCC exam covers a wide range of topics, including Advanced Accounting, Auditing, Insurance, Business Ethics, Communication, IT, and Strategic Management.
- The CA Final exam, the toughest stage, includes subjects like Professional Ethics, Advanced Management, Financial Reporting, Strategic Finance, and Advanced Accountancy. Passing this secures a CA career.
Career After CA Course
Now that you know the details of the CA course after 12th, let’s explore some of the top career opportunities available for CA-qualified candidates. After passing the CA exams, you can pursue roles such as:
- Chartered Accountant
- Finance Manager
- Financial Advisor
- Financial Analyst
- Auditor
- Internal Auditor
- Public Accountant
- Cost Accountant
- Government Accountant
- Taxation Expert
- Accounting Firm Manager
In India, the starting salary for a CA typically ranges from INR 5 to 8 lakhs per year, and with experience, it can rise to as much as INR 28 lakhs annually.
Conclusion
After completing your 12th-grade education, a career in chartered accounting offers you a high-earning income in a variety of financial roles. You can achieve this rewarding job with proper preparation and determination, as well as by successfully passing the three parts of the CA tests.
Remember that strict CA Preparation After 12th is essential for your success and growth in this sector. As you gain experience and knowledge, your salary will rise appropriately.
With the correct direction of Lecture Kharido, your dream of becoming a CA can come true!
FAQs
Q.1 How can I join CA after 12th?
Ans. Students who desire to become CAs after completing the 12th grade can apply for the CA Foundation exam, which is the program’s entry-level examination. They will be able to apply for the CA Foundation examination once they have completed the 12th exam.
Q.2 How to become CA after 12th?
Ans. To become a CA, enroll in the CA Foundation course, pass the Foundation, CA Intermediate, and Final exams, and complete Articleship training according to ICAI rules.
Q.3 Is the CA exam tough?
Ans. Yes, the CA test is difficult due to its broad syllabus and strict standards, which necessitate focused study and practical experience to pass.
Q.4 Does CA require 12th marks?
Ans. To be able to apply for the CA foundation exam, candidates must have scored at least 50% on their class 12 board exam.
