Hello candidate,

After successfully completing the CA Intermediate Examinations, the candidate has to mandatorily serve 3 years as Articleship chartered accountant where they have to work a minimum of 35 hours per week, with 5 days of work from 9 am to 5 pm as per the guidelines of the Institute of Chartered Accountants of India (ICAI).

Hope that this answer helps you!!

Have a Good Day.

Dear aspirant,

Chartered accountant is normal three year course but many students cannot complete in these period of time so it eventually takes 3-7 years to clear it.

Generally 50k is the fees to be paid To icai but if you join coaching classes the cost would be around 1-2 Lakhs.

Dear Aspirant

Chartered accountants mainly work in the office. A career as a chartered accountant is considered one of the prestigious and demanding profession. A chartered accountant stays involved in handling accounts, preparing financial statements and ranges from simple book keeping complex financial analysis and auditing of an organisation. A chartered accountant can work with individual clients, small as well as large business enterprises or organisations. A chartered accountant works in a company as a private auditor or in the payroll department. A chartered accountant plays an important part in lawsuits, bankruptcy. He or she can also provide consultation on matters of tax and finance to individual clients.

For more information use the link

Chartered Accountant - Career, Role, Education, Jobs & Salary (careers360.com)

All the best

Hello Candidate,

It's pretty unfair compare two different fields, vichar completely in contrast to each other on the basis of worklife, education, and skill set.

A person who is interested in fashion designing should be good at drawing, have a creative mind set of analysing Different designs and styles. On the other hand, a chartered accountant needs to have good concentration and management skills at top.

On salary basis, an average chartered accountants earns more than a general fashion designer on a yearly basis.

Hope it helps!!

Hey!

After 12th class (50% atleast), candidate needs to apply for foundation level CA course. For this they have  to register themselves under ICAI and upload necessary document then only they can appear for the entrance exam. This foundation exam is divided into two parts (MCQs and descriptive). Once candidate qualifies foundation level exam, he/she can apply for next level, that is, Chartered accountant intermediate. After applying, the student has to go under a study tenure of approximately 8 months and then appear for the exams. After 2 months the results of the intermediate level will be revealed by the ICAI. After qualifying this exam, candidate needs to appear for 3 years practical training (which is called articleship) and after completing this training they are eligible for the final level of CA. students can register for CA course  final exam after articleship training or while completing their last 3-6 months of Article ship training. You will be certified as a chartered accountant after passing all the 8 exams ( two modules) of CA final level.  In a nutshell there are 4 levels, foundation,intermediate, artcleship and final.

Thankyou

Hi

Chartered accountant or CA is the international accounting designation which is  granted to accounting professionals . As a  chartered accountant you  offer your financial advices to your customers. And your customers can range  from big multinational companies , small i companies and an  individuals too.

To become a CA you need to go through given 4 levels, listed below :-

1) ca foundation
2 ) ca intermediate
3) articleship Training
4 )ca final

You can start for ca, after your 12th/equivalent with level 1 i.e ca Foundation, recently changes has been made in the eligibility for CA foundation and now class 10th pass students can also register for CA Foundation but that will be provisional and it will be regularised after they pass 12th/equivalent , while graduates ( commerce graduates with at least 55%  and non commerce graduate with at least 60% in their graduation ) don't have to go through CA Foundation, they can start directly start from level 2 i. e CA Intermediate

Each level is described below briefly :-

1. CA foundation:

You can go for CA Foundation registration after passing 12th from any stream , you have to study and qualify given 4 subjects to move to next level :-

*principles and practice of accounting
*business mathematics, logical reasoning and statistics
*business laws and business correspondence and recording
*business economics and business and Commercial Knowledge

2. CA Intermediate

In your CA Intermediate, you have 2 groups with 4 papers or subjects in each group

CA Intermediate Group 1:-  You have following subjects :-

*accounting
*cost and management accounting
* corporate and Other laws
*taxation

CA Intermediate Group 2:-  You have following subjects :-

*advanced accounting
*enterprise information systems & strategic management
*auditing and assurance
*financial management & economics for finance

3.  Articleship Training

One can register for articleship after 1 or  both groups of CA Intermediate. Articleship Training is of 3 years

4. CA Final Group

After qualifying both groups of CA Intermediate, you become eligible for CA Final registration

There are 2 groups with 4 subjects in each
which are given below:-

CA Final Group 1:

*financial reporting
*advanced auditing and professional ethics
*strategic financial management
*corporate and allied Laws

CA Final Group 2:

*advanced Management Accounting
*direct Tax Laws
*indirect Tax Laws
*information Systems Control and Audit

After the completion of articleship training and clearing CA Final , you become eligible for applying for the membership of the Institute of Chartered Accountants of India after which become a CA.

For detailed information visit

https://finance.careers360.com/articles/how-to-become-a-ca-in-india

Thank you

Hello Aspirant,

Salary-wise when you see, CA would be a better option as after clearing the final exam and becoming a certified chartered accountant authorized by ICAI (The Institute of Chartered Accountants of India ) , the starting salary would be approx. 7 lakhs per annum. Upon getting yourself placed at reputed firms or clients , as you gain experience , the salary will also increase. M.Com and M.Sc Computer science are also good options provided you pass out from an A level institute will good placements. M.Com is a better option if you are interested in academics /teaching and research career. Teaching positions in various top universities in India can fetch an attractive salary but on a general note M.Com  may not get you a good job or high starting salary easily as your main competition would be MBA graduates who are plenty in number. Coming to M.Sc Computer Science, again the college or university from which you pass out matters but even to get a good placement , your skills and knowledge will play major role as it is a technical field.  For instance if you have excellent coding skills , you may easily find a rewarding job , it is all about meeting market demands as software field is highly competitive. But M.Sc is more theoretical than application so again teaching would be good choice.  So salary in M.Com  and MSc Comp Sc. depends on the kind of job you land up in , the position level ,competition level and the company you are associated with, its based on your caliber and skills.

Hope it helps

Dear Aspirant ,

1. Commitment, Hard work and Determination really work. Meaning there by, revise the course by Practice manual (PM) at least 3 times before exam day. You will really remember my words when the same question from PM will appear in the exam.

2. Patience and regular touch with studies. Daily at least 2 hours of study during your articleship can help you to overcome the pressure of whole exam night study.

3. Never ever ignore CA Institute module, Practice Manual (PM) and RTP. Otherwise; there is no need to read this answer. It is my personal experience that, without taking a single coaching class in Finals, I have cleared both groups with 3 exemptions (but it took more attempts to clear the exams due to lack of strategy). About 60-70% question are from PM. And for ISCA and Information Technology, PM + RTP is deadly combination.

4. Avoid Frustration: Many a times people get frustrated that they are not passing the exam, where as other friend after passing the exams are enjoying their life and posting photos on Facebook. Dear friends, dont be frustrated. A day will come when you pass the exam and the friends who were ignoring you will be the first person who will congrats you and will be in regular contact with you. (Personal experience)

5. Be away from all the negative factors ex: few people will tell you the story about his relative/ friend that he/ she has given their whole 10 years but cannot pass the exam. I would rather say that, their relative/ friend were in 2 successive 5 year plan. STAY AWAY FROM THEM.

6. Always learn from your failure not the failure of your colleagues. Because you have to walk yours way and not theirs.

7. Make strategies and plans. Do not work on someones else strategy. May be they have made strategy as per theirs requirement, which would not work for you.

8. Test series really works. It will actually help you to solve the paper in exam like situation of 3 hours. Try to avoid this type of situation in exam by joining few test series before exam.

9. Avoid social media like Face book and Instagram, as it going to benefit Juckerberg and not you. Avoid GF/ BF, because in 99 % cases among them, one is going to suffer.

10. Studies vs. Articleship vs. social & Personal life: I would say that, articleship is necessary for your smooth carrier. But first of all you have to pass the exam to make your carrier. So give foremost priority to your study than articleship. Your boss will make pressure on you for work but you have to manage and escape to read one extra page.

11. If you thought of doing self study, dont reveal it to the boss. Rather say him that you have to join classes or pendrive classes. Take your time and study at home. In fact if boss asks you about your stay in the city, tell them that you are far away from the office location. (Again, its personal experience)

12. At least, be in regular touch with these subjects:

IPCC: Cost accounting and financial management, Auditing and assurance, Information Technology.

Finals: SFM, Advance Auditing, AMA, ISCA

VERY IMPORTANT: Try to secure at least one exemption in each group. This will help you in passing the group. AND presentation of answer which can impress paper checker is a must requirement.

13. Practice of making Notes for theory subjects. Especially, for Audit and ISCA. Learn and frequently revise all the technical words of these 2 subjects and use them in the exam. This will at least help u in fetching 5+ extra marks.

14. Prepare mnemonics and flow diagram/ mind map to remember the content easily.

Hope this information helps you ,

Thank you .

To become a Chartered Accountant, you need to pass 3 stages:

CA Foundation

CA Intermediate

CA Finals

CA Foundation: While there is no particular stream in which students should have pursued their studies, it is mandate to have passed 10+2 to be eligible for CA Foundation. There is a 4 month study period that is mandatory and needs to be completed before appearing for the exams. There are 4 papers in this exam and to be qualified its important to pass in all the papers with a minimum aggregate of 40% individually and a total aggregate of 50%. 2 papers are Objective type and 2 papers are Subjective type with negative marking for 2 papers. The subjects are Principles and Practises of Accounting, Business alaw & Business Correspondence and Reporting, Business Mathematics & Logical reasoning and Statistics, Business Economics & Business Commercial and Knowledge. For example, the score should be 40/40/40/40 in every subject and 50% overall. Even if a student gets 50% or above overall but doesnt get 40% in any one subject, he/she doesn't qualify. He/She is considered failed. And in the same manner, even if he/she passes all subjects but scores less than 50% over all, again he/she is considered failed. The 4 months training period should be able to equip the students with the required knowledge on all these subjects and that's the reason why it is not necessary to have a Commerce background in  10+2. The exams are held in May and November of every year.

CA Intermediate:  This is the 2nd level of becoming a CA. There are 2 routes for this phase. One is completing CA Foundation and the other is a direct entry.  Graduates/Post graduates of Commerce/Non Commerce background can directly join CA Intermediate provided they clear their qualifying examination with the required aggregate. You need to be  registered with ICAI for CA Intermediate for both the ways. There are 8 papers in CA Intermediate that are both Subjective and Objective type. And the same pass rule applies here as well. Should score above 40 in each subject with an average aggregate of 50%. The subjects are divided into 2 groups. Group 1 has Accounting, Corporate Laws and other Laws, Cost and Management Accounting, Taxation. Group 2 has Advanced Accounting, Auditing and Assurance Enterprise Informations Systems and Strategic Management  and Financial Management and Economics for Finance. For Direct entry Commerce Graduates,  it is important to have 50% aggregate in their qualifying examination and for Non Commerce Graduates, 60% aggregate is mandatory. And then there is a mandate period of Orientation period and study period. In CA Intermediate as well, the exams are conducted in May and November of every year.

CA Final: The Chartered Accountants Final Exam has 2 groups namely Group 1 and Group 2. Group 1 has Fiancial Reporting, Strategic Financial Management, Advanced Auditing and Professional Ethics, Corporate and Allied Laws. Group 2 has Advanced Management Accounting, Information Systems Control and Audit, Direct Tax Laws and Indirect Tax Laws. The eligibility is that you should have passed your CA Intermediate and registered with ICAI. You should have completed the mandatory 12 months Practical Training or Articleship or should be in the 12th month of training by the time of examinations. And the pass rule applies here as well. After the succesful completion of all these levels, you are now a qualified CA.