The CA course, administered by the Institute of Chartered Accountants of India (ICAI), is divided into three levels: Foundation, Intermediate, and Final. This is designed to provide students with extensive knowledge about CA Course Details in taxation, accounting, auditing, finance, and related areas. An excellent academic background, determination, and dedication are required to succeed in the coveted and rewarding career choice of becoming a Chartered Accountant (CA).
Eligibility Criteria of CA Course
Academic Qualifications
To enroll in the CA course, candidates must have completed their 10+2 examination from a recognized board. Additionally, graduates or postgraduates in commerce, arts, or science can also apply.
Registration Process
Prospective candidates need to register with the ICAI to commence the CA course subject. The registration process involves submitting the required documents and fees to the institute.
Structure of CA Course Details
Foundation Course
The Foundation course comprises four papers covering fundamental concepts of accounting, economics, law, and quantitative aptitude.
Intermediate Course
The Intermediate course consists of two groups, each containing four papers. It delves deeper into advanced accounting, auditing, taxation, and financial management.
Final Course
The Final course is the last stage of the CA journey, consisting of two groups with eight papers. It involves advanced study in subjects like strategic financial management, corporate and allied laws, and advanced auditing.
Duration of CA Course
The duration of the CA course typically ranges from three to five years, depending on the candidate’s pace of completion and success in examinations.
Examination Pattern
The Institute of Chartered Accountants of India (ICAI) will conduct examinations for foundation and intermediate courses three times in a year. Till now, the institute has been conducting these examinations twice a year.
Passing Criteria
- A candidate must secure a minimum of 40% marks in each paper.
- An aggregate of 55% marks is required in all four papers combined.
- Candidates who score below the specified passing criteria set by ICAI will not be considered as pass.
CA Course Fees
Registration Fees
The registration fees for the CA course are available on the official ICAI website https://www.icai.org/ . The registration fee is Rs. 18,000 for both groups and Rs. 13,000 for a single group, and the process is conducted online.
Examination Fees
The examination fee or application fee of CA Final is ₹ 3300/- for both groups and ₹ 1800/- is for a single group.
Coaching Fees
CA Foundation Coaching Fees Rs. 58,000/-
CA Intermediate Coaching Fees (First group) Rs. 55,000/-
CA Intermediate Coaching Fees (Second group) Rs. 50,000/-
CA Intermediate Coaching Fees (Both group) Rs. 1,00,000/-
Career Opportunities After Completing CA Course
A Chartered Accountant (CA) has a wide range of career options available are:
- Internal Auditor
- Direct and Indirect Taxation
- Banking and Insurance Sector
- Finance Management
- Work as a teacher
- Business
Conclusion
The CA course offers a comprehensive education and training platform for individuals aspiring to become Chartered Accountants. It equips them with the necessary knowledge, skills, and expertise required to excel in the dynamic field of finance and accounting. With dedication, perseverance, and strategic preparation, candidates can successfully navigate through the course and embark on a rewarding career journey in the world of finance.