pursue Chartered Accountancy Course (CA Course)

The CA Diploma in India is awarded by the Institute of Chartered Accountants of India (ICAI). The Head Workplace of ICAI is predicated in New Delhi and it has its Regional Workplaces in all states in India. An individual excited by registering for the CA Course can both register on the Head Workplace or register at any of the Regional Workplaces.

An individual excited by pursuing the CA Course can enrol himself both by

  1. CPT Route after Class XIIth
  2. Direct Entry Scheme after Commencement

CA Course after Class XIIth by CPT Route

An individual excited by enrolling for the CA Course after Class XIIth could be required to seem for CPT Examination. CPT Examination is held twice yearly within the month of June and Dec and the final date for submitting the CPT Examination Kind is April/Oct respectively.

 

 

  • Beneficial Learn: CPT Examination Kind for subsequent June & Dec Exams

Nonetheless, earlier than submitting the CPT Examination Kind, an individual would first be required to register himself for CPT. If an individual has appeared for Class XIIth Exams, however the Outcomes haven’t been introduced, he can apply for provisional registration for CPT and could be required to furnish the mark-sheets on passing the Class XIIth Exams.

  • Beneficial Learn: Process for CPT Registration

Out of each 100 college students who seem for CPT Exams, approx 35 college students are profitable in clearing the CPT Exams.

  • Beneficial Learn: CPT Cross Share

As soon as an individual has been declared as handed in CPT End result, he could be required to register for IPCC. After 9 months of examine interval after registering for IPCC, a CA Scholar could be eligible to seem for IPCC Exams. IPCC Exams are held twice yearly within the month of Could and November.

As soon as an individual is said as handed within the IPCC End result, a CA Scholar has to finish the 100 hours ITT Course and 35 hour Orientation Course earlier than beginning the three years of articleship coaching. Out of each 100 College students who seem for IPCC Exams, approx 10% are capable of clear each teams of IPCC within the 1st Try.

  • Beneficial Learn: IPCC Cross Share

Such college students are additionally required to register for CA Remaining. CA Remaining Exams are additionally held twice yearly within the month of Could and November. On clearing CA Remaining Exams and on efficiently finishing the GMCS – I & GMCS –II trainings, an individual is awarded a Chartered Accountancy Diploma by ICAI. Out of 100 College students who seem for CA Remaining Exams, approx 5% are capable of clear each teams within the 1st try.

  • Beneficial Learn: CA Remaining Cross Share

The entire process for pursuing the CA Course by the CPT Route has been defined within the following picture:-

 

You may additionally refer this infographic on turn out to be a Chartered Accountant in India – Infographic on turn out to be a Chartered Accountant in India.

 

 

  • Beneficial Learn: Wage of a Chartered Accountant in India

CA Course after Commencement by Direct Entry Scheme

An individual may also enrol for the CA Course after Commencement and avail the good thing about CPT Exemption. College students becoming a member of the CA Course after efficiently clearing Commencement with the required proportion of marks are exempted from showing for CPT Exams and may instantly begin their articleship and seem for IPCC Exams.

College students enrolling for the CA Course after Commencement are required to bear the CA Course within the following method:-

For extra particulars on pursue the CA Course after commencement, kindly refer this text on Direct Entry Scheme for Graduates and CPT Exemption

CA College students enrolled for the CA Course by the Direct Entry Scheme could be eligible to seem for IPCC Exams after finishing min 9 months of Articleship Coaching. Earlier than beginning articleship, an individual could be required to finish 100 hours of ITT and 35 hours of Orientation Program.

  • Beneficial Learn: Process for Articleship Registration

Length of the Chartered Accountancy Course

The minimal length of the Chartered Accountancy Course for an individual becoming a member of after Class XIIth (i.e. by CPT Route) is 4.5 years.

The minimal length of the Chartered Accountancy Course for an individual becoming a member of after Commencement (i.e. by Direct Entry Scheme) is 3 years.

There isn’t any most length of the Chartered Accountancy Course because the restriction on max no. of makes an attempt has now been eliminated and an individual can seem for the exams no matter his age and no matter the no. of occasions he has already appeared for the CA Exams.

Comparability between CPT Route and Direct Entry Scheme in CA Course

S. No. Particulars CPT Route Direct Entry Scheme
1 Eligibility After Class XIIth After Commencement
2 Exemptions No Exemptions CPT Exempted
3 Minimal Length of the CA Course 4.5 years 3 years
4 Eligibility to begin Articleship After clearing Group I of IPCC Instantly on becoming a member of
with out clearing IPCC Grp I
5 Eligibility to seem for IPCC After 9 months of Examine after CPT After 9 months of Articleship

It’s to be famous that the CA Course is a self-study course and the Scholar shouldn’t be required to necessary attend any lessons for a similar. Nonetheless, in case the scholar intends to take lessons, he can enroll himself for lessons performed by ICAI or for lessons from every other CA Teaching Instructor.

 

 

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