All About CA

Course Description

The CA course, governed by the Institute of Chartered Accountants of India (ICAI), attracts aspiring students globally. Chartered Accountants enjoy esteemed job prospects and lucrative salaries, with opportunities in independent practice or financial roles. Starting your CA journey after 12th grade ensures early success. At Career Coaching Classes, we guide aspiring CAs to success through comprehensive support and expert faculty.

Who Should Choose CA?

  • High school graduates aspiring for a distinguished professional path.
  • Individuals with bachelor's or master's degrees aiming for careers in Accounting and Finance.
  • Professionals seeking to progress in their finance, accounting, and auditing roles.

CA Syllabus

Enter the world of Chartered Accountancy! More than just a certification, it's a prestigious qualification recognized worldwide, equipping you with valuable skills and expertise. Get ready for an enriching journey that sets the stage for your achievements!

  • Financial Reporting and Accounting Standards
  • Strategic Financial Management
  • Advanced Auditing and Professional Ethics

CA Foundation

The CA Foundation serves as the entry point to the Chartered Accountancy program, serving as its admission test. It welcomes students from diverse academic backgrounds. Graduates and postgraduates are exempt from the CA Foundation, gaining direct entry to CA Intermediate. The course lasts approximately six months. To qualify for the exam, Class 12 graduates from recognized boards must secure 50% (Commerce) or 55% (Science).

This course will deepen your grasp of essential accounting concepts and principles. Its goal is to enable you to proficiently create financial statements, tackle fundamental accounting principles, and apply them to real-world accounting challenges.

  • Theoretical Framework
  • Accounting Process
  • Bank Reconciliation Statement
  • Inventories
  • Concept and Accounting of Depreciation
  • Bills of Exchange and Promissory Notes
  • Accounting for Special Transactions
  • Final Accounts of Sole Proprietors
  • Partnership & LLP Accounts
  • Financial Statements of Not-for-Profit Organizations
  • Introduction to Company Accounts

The primary aim of this course is to facilitate students' comprehension of essential elements of distinct business laws and to prepare them to address practical challenges associated with these laws in real-world scenarios.

  • Indian Regulatory Framework
  • The Indian Contract Act, 1872
  • The Sale of Goods Act, 1930
  • The Indian Partnership Act, 1932
  • The Limited Liability Partnership Act, 2008
  • The Companies Act, 2013

This section is crafted to aid you in cultivating a grasp of fundamental mathematical and statistical tools crucial in business, finance, and various economic contexts. It also seeks to enhance your logical reasoning abilities for problem-solving in your professional endeavors. The curriculum is segmented into three main domains.

  • Ratio and Proportion, Indices and Logarithms
  • Equations
  • Linear Inequalities
  • Mathematics of Finance
  • Basic Concept of Permutations and Combinations
  • Sequence and Series – Arithmetic and Geometric Progressions
  • Sets, Relations, and Functions, Basics of Limits and Continuity Functions.
  • Basic Applications of Differential and Integral Calculus in Business and Economics

The main objective is to facilitate your comprehension of fundamental concepts and theories in Business Economics, empowering you to apply them effectively to address practical challenges in everyday situations.

  • Nature and Scope of Business Economics
  • Theory of Demand and Supply
  • Theory of Production and Cost
  • Price Determination in Different Markets
  • Determination of National Income
  • Public Finance
  • Money Market
  • International Trade
  • Indian Economy

Career Options After CA

FAQ’s

What is a CA Course?

The CA (Chartered Accountancy) course, administered by the ICAI (Institute of Chartered Accountants of India), is highly esteemed, offering individuals a pathway to prestigious careers.

 

How many Papers are there in the CA course?

The CA curriculum consists of 16 papers across three levels.

 

What is ICAI?

ICAI, the Institute of Chartered Accountants of India, is the governing body responsible for overseeing Chartered Accountancy courses, including syllabi, examinations, and program management.

 

When Can I Attempt the CA exams?

CA exams are conducted twice annually, in May and November.

 

What is the eligibility to learn CA?

A minimum qualification of completing Class XII from a recognized board is required for admission to a CA course.

 

How many levels are there in the CA course?

The CA course is divided into three levels: CA Foundation, CA Intermediate, and CA Final.

 

What is the duration of the CA course?

It typically takes around 4-5 years to qualify as a Chartered Accountant.

 

What is Articleship in the CA course?

Articleship is a compulsory two-year practical training program for CA aspirants, providing hands-on experience in accounting, taxation, finance, and auditing.

 

What is the eligibility for an Articleship?

Candidates who have passed the CA Intermediate level exam are eligible for Articleship, preceded by a mandatory 15-day orientation program conducted by ICAI.

 

What is the educational qualification required for the CA Intermediate course?

Students who have completed the CA Foundation course or possess a graduation certificate can attempt the CA Intermediate level exams.

 

What are the requirements for the CA Final course?

To attempt the CA Final exams, candidates must have cleared both groups in the CA Intermediate level and completed a two-year Articleship.

 

What is the group system in the CA course?

The group system categorizes subjects, and candidates must clear all subjects within a group to progress in their CA studies.

 

What is the average salary of a CA in India?

Chartered Accountants (CAs) earn salaries ranging from Rs. 12 to 15 lakhs annually, with higher salaries possible for those working overseas.

 

Which group should be attempted first in the CA curriculum?

The choice of group depends on the student; candidates can attempt any group at their respective levels.

 

Can students from non-Commerce streams learn CA?

Students from non-commerce backgrounds can pursue CA, starting with the foundation course after Class XII or through direct entry after graduation.

 

What is the pass mark for the CA course?

To pass CA exams, candidates must score at least 40% in individual subjects and 50% in aggregate.

 

What kinds of jobs can one get after finishing the CA programme?

Upon becoming a Chartered Accountant, job opportunities include auditor, finance manager, accounts head, and the option to practice as a Chartered Accountant, gaining the esteemed signing authority.

How can I enroll for a CA Foundation course?

The first step to enter the CA curriculum is by registering for the CA Foundation exams. To do so, candidates must complete the registration process with ICAI before the specified deadline.

 

What is the direct-entry option in CA?

Graduates have the advantage of directly entering the CA Intermediate level, granting them exemptions from four papers in the CA syllabus.

 

Is there a registration fee for the CA program?

Yes, each level of the CA program requires a registration fee. The ICAI's official website provides details of the fee structure.

 

Can I pursue a B.Com. and the CA program simultaneously?

You can enhance your academic and professional portfolio by concurrently pursuing the CA program alongside a B.Com. degree.

 

Who is eligible to pursue CA?

CA is open to candidates who have completed 12th grade, regardless of their professional background or age.

 

When can I apply for the CA Foundation course?

The CA Foundation course typically spans six months.

 

When can students begin preparing for CA?

Students can commence their CA preparation as early as 10th grade through weekend classes or online sessions. Upon completing 12th grade, they can attempt the CA Foundation exams.

 

What are the fees for admission to a CA course?

To appear for the CA Foundation exams, students must register with ICAI and pay the requisite fees. Additionally, various institutions charge coaching fees to provide learning support for completing the course.

 

Are there any eligibility requirements for the CA program?

Candidates applying for the CA Foundation exam must have passed 12th grade, while those applying for the CA Inter level must be graduates or have cleared four papers in the CA Foundation exam.

When are CA exams conducted?

CA exams are held twice a year, in May, June, November, and December. To qualify as a Chartered Accountant, a candidate must clear 16 papers.

 

How many papers are there in the CA Foundation course?

The CA Foundation course comprises four papers:

  • Paper 1 - Accounting
  • Paper 2 - Business Laws
  • Paper 3 - Quantitative Aptitude
  • Paper 4 - Business Economics

 

How many papers are there at the CA Inter level?

The CA Intermediate level consists of six papers:

Group 1

  • Paper 1: Advanced Accounting
  • Paper 2: Corporate And Other Laws
  • Paper 3: Taxation

Group 2

  • Paper 4: Cost and Management Accounting
  • Paper 5: Auditing And Ethics
  • Paper 6: Financial Management

 

Explain the group system in CA.

To progress in the CA course, candidates must clear all papers within each group. Failure to clear any paper in a group necessitates repeating the entire group in the next attempt.

 

How many papers are there in the CA Final?

The CA Final level includes six papers:

Group 1

  • Paper 1: Financial Reporting
  • Paper 2: Advanced Financial Management
  • Paper 3: Advanced Auditing, Assurance and Professional Ethics

Group 2

  • Paper 1: Direct Tax Laws and International Taxation
  • Paper 2: Indirect Tax Laws
  • Paper 3: Integrated Business Solutions

 

What recent changes were made in the CA Syllabus?

The CA Inter level now has six papers instead of eight, and the CA Final level also reduced from eight to six papers. Additionally, the duration of articleship has been shortened to 2 years.

 

Are CA Exams Computer Based?

No, CA Exams are paper-based.

 

What is the duration of CA exams?

Each paper in CA exams has a duration of 3 hours.

 

Who conducts CA Exams?

ICAI conducts CA exams biannually.

 

What is the format of CA exams?

CA Exams are pen-paper-based, with each paper carrying 100 marks. The pass mark for each paper is 40%, and candidates need 50% for each group.

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