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Chartered Accountant

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79 Views

Can we directly get admission for chartered accountant? Explain in detail.

Anonymous 1st Aug, 2018

Hii

There is no college for CA. Its a professional Course which is completed through various exams taken place in different stages.

To become Chartered Accountant you need to give Common Proficiency Test commonly known as CA CPT is an entry level test conducted by ICAI for Chartered Accountancy course.

Following is the detail analysis of C.A. Course-

C. A. Course comprises of 4 Important Levels
1) Common Proficiency Test (CPT)
2) Integrated Professional Competence Course (IPCC)/IPC

3) Three years Articleship/ Training under a Practicing C.
4) C. A. Final
Take CPT examination after you appear in the 12th exam and after completion of period of 60 days from the date of registration for CPT.

 IPCC
- Integrated Professional Competence Course would be the next stage
after p[assing the CPT and 12th Level. Passing the CPT and 12th
exam is mandatory without wich one would not able to register for IPCC.
Generally, the registration for the IPCC must be done well in advance
that is before 9 months of the IPCC exam.

  • PCC level contains total 7 papers (Group 1+ Group 2).
  • Group - 1 - four papers
  • Group - 2 - is composed of three papers.
  • Passing the Group - I, is necessary for commencing an Articleship.
    Candidates
    need to complete 100 hours Information Technology Training (ITT).
    Before registering for Articleship, Orientation and ITT should be
    completed. The Orientation Course of one week which is a 35 hours of
    length and covers topics, such as, communication skills, personality
    development, business environment, office procedure, general knowledge
    of commercial aspects, etc.
    Register for IPCC and pass the Group I Exam:
    Candidates can appear and pass the Group - 1 or Both Groups of IPCE - Integrated Professional Competence Examination.
    Appear for and pass the Group II Exam:
    After passing the Group 1, candidates can appear for Group 2 in next attempt after Group 1 attempt or during Articleship.
    Registration for the Articleship:
    Articleship
    is important and is a part of the overall process. Candidates need to
    register as Articled Assistant for a period of 3 years with a practicing
    CA after passing either Group - 1 or both the Groups of IPCE.
    Registeration for the C.A Final Course:
    Here
    is what we can term it the final stage of this time driven process.
    This is a Final CA exam and you need to register for C.A Final Course
    after passing both the groups of IPCC.
    Pass the CA Final Exam:During
    the last 6 months of 3 years of articled training you have to register
    and pass the CA Final. Candidates are supposed to pass the group 1 and 2
    of the CA Final to complete the process successfully.





All the best.

78 Views

Is it advisable to go for b.com correspondence class avoiding CA INTER full day class on weekends?

KRITI GOEL 30th Jul, 2018

Hello,

You can go for both of them, you can pursue b.com correspondence, on the other side CA because classes of bcom dont held regularly so which might not affect your classes for CA.

Thank you!

Good luck!

93 Views

I am a chartered accountant by profession and I would like to pursue MBA as well so what are future career opportunities?

Azim Musa Shaikh 30th Jul, 2018
Graduation is mandatory for MBA.
but specialisation in MBA according to the entrance Exam.

An MBA in Finance grad has ample of opportunities waiting around, all he needs to do is grab it. All of this because of the diverse skillset he possesses. There are thrilling careers in financial consultancies, financial institutions and banks. To be more specific, you can get into fields like merchant banking, investment and  consumer banking, international finance, corporate finance and institutional finance.  Once you build up your work experience then you can serve on government committees  and add your inputs to the policy-making issues. You can also provide consultation services  to government and corporate organisations.

Jobs after MBA in Finance

Accounting Manager
Chief Financial Officers
Cash Managers
Manager Consultants
Investment Banking Associates
Credit Managers & Specialists
Financial Analyst
Corporate Controllers
Finance Officers & Treasurers
Insurance & Risk Managers
Investment Bankers
Investing Sales Traders & Associates
Salary

Lets talk the money, majorly the pay scale depends on the business school from where you are graduated. The greater the reputation of the b-school, better the pay package, also the financial guys have always got the creamier pay package even better than the marketing guys. Tier 1 colleges that include Top MBA colleges in India like IIMs, ISBs, SOIL and the likes provide financial students with placements  at an average of 10 - 15 lakhs per annum, quite a wealthy salary for a fresher. If you have work experience  and want to pursue a PGP course  in finance then an executive MBA in India is the right fir for you . Its a one year MBA course and inculcates all of the teachings of the full time MBA, so if you're thinking of pursuing an MBA in Finance, go for it, the future looks amazingly bright for you.

Thanks,
Azim
132 Views

I have full workingday class for CA INTER on weekends as well as B.COM correspondence.Is it advisable to go for B.Com class avoid CA INTER?

Anshu Singh 15th May, 2019

Like you have mentioned you must be wanting to do both that is the reason you are taking both the classes. If you do not want to skip one of them it's time to evaluate yourself and your capabilities.

If you are stronger in B.com course curriculum you can skip that or you can skip your CA class if you have your strengths in it.

Decide wisely for yourself and if it's not manageable you can choose to drop one. Just a bit more extra efforts and get through your way.

Thank you

148 Views

For france articles hip its compulsory to clear 8 exams of CA inter

Manish Thakur 2nd Aug, 2018

Hi Munisha,

Yes, you can go for Articleship only after you completely pass the 2 stages of your CA Inter.

Good Luck!

184 Views

I can do articles hip of CA from france

Manish Thakur 2nd Aug, 2018

Hi Munisha,

Yes, you can do that. For more information check the ICAI official website.

Good Luck!

46 Views

i have done my graduation in 2016-17 despite it i want to do ca preparation without coaching .is i choose right criteria to make my carrier.

Manish Thakur 28th Jul, 2018

Hi Adil,

It won't matter when you have done your graduation. However, you need to have a score of minimum 55% in graduation to get admitted in the course. You can directly get admitted in the IPCC course and wont't have to appear for CPT since you have already graduated.

So, if you have the interest to make a career in this field then you can go for it.

Good Luck!

249 Views

I had completed intermediate next, CA is better Or Hotel management is better in future ?

vinayak thapar 27th Jul, 2018

Hello Aniketh Ani

Both the courses are completely different and have a good scope, choosing between them is your personal choice. CA deals with accounting and is one of the most difficult exams in India, while Hotel Mangement is related to hospitality business, go for the branch you have interest in.

76 Views

I want to do .CA.. what to do?

Azim Musa Shaikh 27th Jul, 2018
Generally people consider only 3 years of articleship period as a complete tenure for CA course but before that a 1 year study for the first two levels is also required which makes a total of 4 years for completing CA course.

The Chartered Accountants of India (ICAI) conducts Chartered Accountant Common Proficiency Test, commonly known as CA CPT Exam. This exam is a gateway to get into the profession of Chartered Accountancy (CA), which is one of the most reputed courses in India.

Six subjects of foundation course.
Paper 1 : Fundamentals OF Accounting.
Paper 2 : Quantitative aptitude.
Paper 3 A: Mercantile Law.
Paper 3 B: General Economics.
Paper 4 : General English.
Paper 4 B: Business Communication.

So it takes minimum 4 years to become a CA after school. So, it takes minimum 3.5 yeas to become a CA after graduation. So in a nut shell we can say an average student takes 4 to 5 years  to become a Character Accountant assuming he does not clear exam in first attempt.

Thanks,
Azim
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