Dear aspirant

Chartered Accountant is the most reputed course in the commerce stream. Hence, every commerce student dream to be successful Chartered Accountant and wants to know how to become a chartered accountant in India but becoming CA is not that easy. It needs complete dedication, hard work, and passion towards this course.

If you can’t give all these things then leave it, CA is not a course for you.

Here I am sharing you a guide which will surely help you to become a successful Chartered Accountant. But before starting such, let me explain you the steps in CA course. The vast syllabus of Chartered Accountancy is divided into 4 steps -

• CA Foundation
• CA Intermediate
• 3 Years Articleship Training
• CA Final

CA FOUNDATION

If you are planning to become Chartered Accountant in India through CA Foundation then we are taking an assumption that you have planned to appear in ca foundation. Let’s start with the June where your 12th result has been declared and you have relaxed for a good period and now you have 5 months left to appear in Ca foundation.

CA Foundation is an entry level test in order to pursue Chartered Accountancy. The course is much similar to your 11th and 12th standard (Commerce stream).

CA INTERMEDIATE

Ca Intermediate will be your next level in the Chartered Accountancy journey after clearing CA Foundation. The syllabus in CA Intermediate is very vast and this thing makes this level the challenging one. Generally, students get the attempt at this level but if you plan your studies and revision in the right manner, you will not only clear this level in your first attempt but also able to achieve a rank, if you dream so.

After the declaration of CA Foundation result, 9 months will be left in your CA Intermediate Exams. Clearing this level with coaching is really tough, but coachings are necessary too. Hence, you should join coaching somewhere which guarantees you to complete the classes within 5-6 months so that you will get enough time for self-study and revision. And don’t neglect the modules given by ICAI. It gives you an idea of questions asked, presentation demanded, and how to answer in the exam.

Thereafter, revise the syllabus properly. Remember, three times revision is must to clear CA Intermediate. Complete your course at least two months before exams. Then properly divided the time between revision and practicing papers.

The thing which most of the students lack in CA Intermediate is Practice. Take out time for solving Mock Test Papers and solve at least past attempts papers before Exam.

ARTICLESHIP TRAINING

Candidates can start their article traning as soon as they passed any of the group of CA Intermediate. But before that, you must have undergone ITT and OT Program.

Candidates who have appeared in both the groups of CA Intermediate together should try to complete 100 hours of IT training during this waiting period. This will save your time after the declaration of result. After completing IT, if possible, complete your OT program also.

The candidates who have appeared in a single group should start preparation for next group. If you plan articleship and next group with office then this will really be a tough task and it might take your several attempts of the second group. Hence, you should complete your CA Intermediate first and then go with Articleship Training.

Some students go for dummy articleship but trust me this is the biggest mistake. Articleship training gives you a vast exposure of practical experience. Hence, it is referred as a direct ticket to the corporate world. So, never ever think of taking dummy articleship.

Now the next question coming to your mind is where to join articleship either in middle size firm or firms like Big 4, Kalani, PC Modi etc.

Offcourse, experience from Big 4 or Kalani adds your value in comparison to any medium size firms. Here you will get to learn dealing with clients, exposure to various listed and non listed companies and you will expertise in the department where you will work at. But you must be ready to deal with a lot of pressure. Many times you have to miss your classes, go for outstation audit and have to work late at night. But all this will become an experience after you clear CA Exam.

On the other hand, medium size firms are mostly preferable as due to less number of employees or article, here article instead of working in a single department gain knowledge in each and every field.

They get an opportunity to work over Income Tax, Audit, GST etc. As well as, students mostly get timely leaves for the preparation of their exams. Neither they have to miss classes frequently nor they have to work under pressure.

“The more you sweat in Practice, the less you blood in war”

CA FINAL

This is the last step in the Chartered Accountants Journey and the biggest challenge. After completing both the groups of CA Intermediate one can register for cafinal. Although, the candidate can appear in CA Final only when he has undergone through GMCS and Advanced ITT.

This level requires you to expertise in each and every subject. If you plan to complete the Company law which consists 70 marks and leave the Allied law which consists 30 marks and clear the exam. Then drop this idea, because ICAI wants you to have knowledge of every topic it has included in the course. Until you won’t be able to crack this exam.

Good luck!!

Hello,

Thank you for asking this question.

You have to clear below levels in order to become a CA

CPT (Common Proficiency Test)

IPCC/IPCE (Integrated Professional Competence Course)

Three years of Articleship under any C.A who is practicing the profession

CA Final Exam

CPT

Total Marks - 200

You need -  30% in each of the 4 subjects and a 50% in aggregate

Subjects -

Fundamentals of Accounting (60 mks)

Economics (50 mks)

Quantitative Aptitude (50 mks)

Mercantile Laws (40 mks)

IPCC

Total Marks - 700

You need - 40% in each of the 7 subjects and a 50% in aggregate or group

Subjects -

Accounting

Business Laws, Ethics & Communication

Cost Accounting & Financial Management

Taxation

Advanced Accounting

Auditing & Assurance

Information Technology & Strategic Management

CA Final

Total Marks - 800

You need - 40% in each of the 8 subjects and a 50% in aggregate or group

Subjects -

Financial Reporting

Strategic Financial Management

Advanced Auditing & Professional Ethics

Corporate & Allied Laws

Advanced Management Accounting

Information Systems Control & Audit

Direct Tax Laws

Indirect tax Laws

Thank you.