what we have to do to become a CA
Here are some steps to know how to become a CA.
Clear 10+2
Most students of class 10th do not know how to become a chartered accountant after 10th. A chartered accountant career path just begins after 10th. Students must be aware of the fact that there 10+2 subjects have a great role to play in their career prospects. In the case of chartered accountancy , commerce students are required to complete 10+2 with an aggregate of 50 per cent marks from a recognized board. Students of commerce without math are required to complete 10+2 with an aggregate of 55 per cent marks. Students of non-commerce streams are required to complete 10+2 with an aggregate of 60 per cent marks.
CA Foundation Course
How to become a chartered accountant after 10+2? Well, we have the answer to direct you towards a chartered accountant career path. After appearing in class 10+2 examinations, you may get yourself enrolled in ICAI for foundation course. After registering yourself for the foundation course , you are required to prepare at least four months before appearing in foundation examination. The study material is provided by the ICAI (Institute of Chartered Accountants of India) .
Students are required to acquire 100 out of 200 marks in foundation examination to register themselves for the intermediate or IPCC programme.
Intermediate Course
After successfully qualifying foundation examination, CA students are further required to enrol in ICAI for CA intermediate course .
Direct Entry: Students can directly enroll in the intermediate course without qualifying foundation examination. Candidates who have completed graduation or post-graduation in commerce subjects with an aggregate of 55 per cent of marks can directly enroll in the institute for the intermediate course. Candidates who have completed graduation or post-graduation in non-commerce subjects with an aggregate of 60 per cent marks can enroll directly in the institute for the intermediate course.
Students are required to register for an intermediate course or IPC course nine months before the month in which the IPCC exam is conducted. The IPCC programme comprises 7 subjects. Each subject carries 100 marks. To successfully complete the course, students are required to acquire an aggregate of 50 per cent or above. To avoid reappearing in a subject, they need to score 60 out of 100 marks.
Students have to ensure that they have studied for eight months after enrolling in the intermediate course in order to be eligible to appear for the intermediate examination .
Integrated Course on Information Technology and Soft Skills
Chartered accountancy students are required to complete four weeks of special training which is known as Integrated Course on Information Technology and Soft Skills ICITSS . This is done after intermediate examination and before the start of the articled training.
Articleship
Students are required to undergo 3 years of training or articleship under a certified chartered accountant or CA after clearing IPCC examination. The certified chartered accountant must have a working experience of 10 to 15 years. He or she should not have more than eight articles working under him or her.
Final Course
In the final course, students have to train for four weeks in Advanced Integrated Course on Information Technology and Soft Skills (AICITSS). This takes place during the articled training period but before the final examination . The student can appear for the final examination after completing the articled training or in the last six months of the training period. Those who clear the examination are registered with the ICAI and become chartered accountants.
You can also read Career as Chartered Accountant .
Other option is that, after your graduation with atleast 55%marks in commerce stream or 60% in other stream you can directly appear in IPCC exam ,i.e.,second stage.
Third stage is articleship training under practicing chartered accountant.
Last and final stage is final exam.
1) Common Proficiency Test (CPT)
2) Integrated Professional Competence Course (IPCC)/IPCE
3) Three years Articleship/ Training under a Practicing C.A
4) C. A. Final
Register with the Institute of Chartered Accountants of India (ICAI) for Common Proficiency Test (CPT) after passing class 10th examination.
Good Luck!!