Chartered Accountant or CA…The words that bring a sense of pride and satisfaction on one’s face. The prestige and respect the prefix “CA” offers is incomparable. Ask the persons who have completed the Chartered Accountancy Course and have gone through the various phases of becoming a Chartered Accountant. Ask them How to become Chartered Accountant? Their answer will make you think deeply.
Chartered Accountancy Course: A Glimpse
Its not that simple…In fact,the journey of a Chartered Accountant is full of challenges both as a student as well as at the professional level. I should rather say an adventurous expedition! Where you need to overcome various hurdles and focus on achieving your goals with full determination.
If you are ambitious, hard working and believe in putting consistent efforts in your studies, then only read further…this is the course truly meant for you. But, if you wish to choose an easier option this may not be your cup of tea. You can look out for other feasible options.
But, wait…that doesn’t mean that you will have to sacrifice anything while doing CA course, as is normally heard. You can equally follow your hobbies and interests and enjoy your life as other students do. Its just that you need to be a bit more dedicated and focused to attain your dreams of becoming a Chartered Accountant.
So, all the passionate and hardworking students, get ready to know the basic & minute details about this popular course. Let us make you explore the important details on the Chartered Accountancy Course and How you can become Chartered Accountant?
Chartered Accountancy Course: A Brief Idea
Firstly, let us make one thing clear…A common query raised by people: From where you can do Chartered Accountancy Course? Which is the regulating body for CA course and the CA profession?
The Chartered Accountancy Course is regulated and managed by ICAI or The Institute of Chartered Accountants of India, New Delhi. ICAI is a statutory body that has been setup by an act of Parliament to regulate the profession of Chartered Accountancy.
There are regional councils and decentralised offices setup across different states. These support the functioning and management of various tasks associated with the students and the members.
Chartered Accountancy Course: Important Points
Few important points related to CA Course, that you need to be aware of are:
- There are as such no regular classes for the Chartered Accountancy Course. You don’t need to attend any classes as you do in a regular college/university.
- You can register for the CA course and do self study and appear for the exams. However,you can seek guidance from experts and members on various subjects.
- The course fee is quite reasonable for anybody to afford in an easy manner. As compared to medical and engineering fields, where you need to shed in lakhs in the name of fee, in CA you just need to spend few thousands (a very nominal amount) as the course fee to be a part of this professional course.
- Chartered Accountancy Course is a combination of theoretical knowledge and practical training. The theoretical aspects are tested in the form of examinations that are conducted in the month of May and November every year. While the practical part is in the form of compulsory training known as Articled training or Articleship. No doubt, the practical knowledge gained is always helpful in clearing the exams as well.
- Requisite guidance is provided to students at each and every stage of pursuing this professional course.
- ICAI has tie-ups with various other universities where you can pursue undergraduate and post graduate programmes alongside CA. If you are a part of the CA course and have cleared some of its exams, you can also avail certain exemptions while appearing for exams of the university with whom there is a tie-up.
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Now, we shall highlight the crucial steps as to How to become a Chartered Accountant or CA in India? to make parents and students understand it in a simple manner.
How to become a Chartered Accountant or CA?
The new curriculum for CA course has been launched and the date of commencement of registration under the new scheme is 1st July 2017.
Earlier, there used to be CPT,IPCC and Final route. No fresh registrations shall be taken under this previous scheme. The new registrations shall be done under the New or Revised Scheme of CA Course.
These names have now been changed to Foundation, Intermediate and Final. Several changes have also been made at all the levels including modifications in the syllabus and few subjects.
You may also like to gather information on How to become a CFA? Chartered Financial Analyst Program Guide
So, here we shall be discussing the Revised scheme (Foundation route) preferably to help the aspiring students who wish to join this course in future:
CA Course: Through Foundation Course Route:
1. CA Foundation:
You have to register with the Board of Studies(ICAI) after appearing in 12th standard. You shall be eligible to appear in the foundation examination once you have passed your 12th standard exams.
2. CA Intermediate:
You can join intermediate course after clearing the Foundation course.You need to complete the Integrated Course on Information Technology and Soft skills (ICITSS). Appear for Intermediate exams after the requisite period.
You need to join articled training (practical training) after clearing either one or both groups of Intermediate course and after undergoing ICITSS. The duration of articled training is 3 years.
In case, you joined articled training after passing one group only, you have to clear the remaining group of the Intermediate course.
3. CA Final:
After passing all the exams of Intermediate group you can register for the Final Course. At this point you need to undergo Advanced Integrated Course on Information Technology and Soft skills(AICITSS) alongside your practical training but before appearing for Final examinations.
Complete your 3 years articled training. Pass both groups of your final examination.
Please note that there is another Direct entry route to enrol to the CA Course for graduates/postgraduates to enrol directly to the Intermediate course.
The details given in this post are on “as is” basis. Please check for any modifications or updates directly from the ICAI website. You can get all the requisite information related to the CA course (Students section) as well as the CA profession (Members section) at the official website www.icai.org
Here you go…Ready to become a Chartered Accountant. What a great feeling it is!
Once you clear the Chartered Accountancy Final exams and have completed your articled training, you are eligible for becoming the Member of ICAI. Get enrolled as the Member of the Institute. Your name shall be written in the register of members and you shall be designated as a “Chartered Accountant”.
Congrats! Welcome to the CA world…You are a CA now! You shall have to complete the entire course before hearing these lines. So…wake up! Enough of dreams…Be practical and focus on your career goals. Don’t worry! You can surely turn your dreams to reality by putting in the best of your efforts.
Thereon, begins a new journey…you wish to setup your own CA firm or you wish to lookout for a corporate job and thereby entering the world of professionals.
CA Course: Review
Remember, completing the CA Course is just the beginning of a new phase followed by a new set of responsibilities ahead. As a professional, whether you get into your own practice or look for a corporate job, maintain the dignity of this profession.
If you choose this profession, just respect it and be loyal towards it and give your best, you will definitely reap the benefits in the long run.
The grand GST drive, the introduction of GST in India, has raised the demand for Chartered Accountants or CAs to a larger extent. Businesses and companies are looking for CAs all around to resolve their taxation and other queries. This has surely widened the scope and career prospects for CAs in India.
Looking at the changing scenario, our country needs a fairly large number of responsible accounting and tax professionals. Hence, CAs are the perfect answer to it.
Feel free to share your valuable feedback and any queries thereon in the comment section below.
If you enjoy reading books, you may like to explore our exclusive collection of Best Accounting Books, Best GST Books and Best Business Books.
Are you interested in pursuing the Chartered Accountancy Course? The challenges may be high and shall require full commitment towards your studies as well as the prestigious profession. But, the final rewards that you will get on clearing the Chartered Accountancy Course shall help you build a really promising career ahead. Best of luck to all the aspiring CAs! Have a great career ahead!
76 thoughts on “CA Course : How to become a Chartered Accountant or CA?”
I have got 88.50% in 12th standard. Can I go for it?
Hey, that’s a pretty good score. And, you can go for CA course if you have interest in doing so. But, do check the enrolment dates. I hope they are still accepting applications. I am not sure about it.
I want to become a CA and currently I am in 12th standard. So, if I want to pursue for CA then can I apply for it now? Any suggestion.
Hi, I am currently studying in 12th standard commerce. In 11th standard I got only 43% pass marks. Now in 12th class, I will study harder as harder. But, now I am thinking that I am not so good at studies. Can I really do CA course? But, I have read and heard that this so tough to do. So, I am confused about it that what to do for a good career.
I am scared about doing CA because all are saying it’s a tough task. But, I want do do CA as it has a sense of pride. I am very interested and curious in mathematics subject. But, I have some fear in doing CA. If I can’t achieve CA goals, are there any alternatives? I want know about this! Could u plz tell me.
Hello, I would like to study CA. So, please guide me in purchasing CA books.
Is opting B.com Honours helpful for doing CA course. I am confused whether to opt for B.com or B.com(Honours). Which one is better? Any suggestions.
Can you please explain the fees structure, then it will be fine.
I have heard a lot about CA course. My family wants me to become a CA. I am convincing them to let me choose what I like. I want to do something creative and different. I know CA is difficult and lot of time consuming.
Hi, I am interested in doing CA. But, I have not taken economics as my subject. I have taken computer science.
Can I write CA exam now? Please reply.
I want to do CA course. But, I don’t know what to do for it. Please provide guidance on it.
Hi, Can I know which all are the important subjects for CA course? Any details on it.
Excellent Article! As a Student, the career as a Chartered Accountant is a fascinating profession alternative.
It assumes an essential job in everyday financial life.
Is CA degree enough if my child wants to pursue his profession as CA abroad or ACCA important together? Any feedback on this.
Hi, I am in 11th commerce. I want to do CA. But, I am scared hearing about the CA results pass percentage. My cousin is doing it, but hasn’t been able to clear the initial level. Is it that difficult to do this course? Any suggestions.
Hi, I am in class 12th and going to appear in boards in 2019. My query is that what all subjects, topics and sub-topics are included while pursuing CA. I am having a great confusion in groups. Whether to pursue both groups together or a single will be beneficial. I just want to ask for detailed information on groups involved in CA course.
Will be waiting for your reply as soon as possible.Thanks!
Don’t I need to go through any entrance exam to enter the course? Please guide.
Hi Nitish, CA Foundation (earlier CPT entrance) is the first level that you need to clear in this course. W.e.f. 1st July 2017 a new CA course structure has been introduced where you have to pursue: CA Foundation, CA Inter and CA Final. Prior to that the foundation or first level exam was called CPT or Common Proficiency Test that was like an entrance exam.
Hi, Is there any demand for CA in future, what’s the scope of doing this course? Please guide.
Thank you so much for your guidance.
Hi, I have a query that is it true CA students get jobs during their study? Please help me by answering this.
Hi Suraj, While pursuing the CA Course students have to complete compulsory articleship i.e. training. Also, CA requires lot of hard work and dedication. So, its not easy to manage doing a regular job alongwith self study, articleship and coaching classes(if any). You may get a decent job (not highly paying) after doing CA Intermediate, not earlier than that. Rest, your focus should be primarily on studies, once you clear your exams you can look for a good job.
For an average student which is the best course? Please guide.
Is it a difficult course? I am an average student can I do this professional course easily? Please guide.
Hello, I am in class 12th and I am thinking to do CPT after completing 12th. Some of my confusions on how and what to do for this course just got cleared after reading this article. Thanks!
I am a working profession with 12 years of experience having both Financial Domain and Supply Chain Management experience. My question here is how difficult it would be for a working profession taking up any professional courses like CMA, CA, CFA or CS.
Please guide me for appearing in the CA course. What is its scope and how to pursue this course? Thanks for the same.
I was in a deep confusion before reading this article. But, now I feel much better and proud of my decision to become a CA. This article is very helpful to me. Thank u so much for this.
A really helpful article. Thanks a lot for this.