About Chartered Accountancy (CA)

Chartered Accountant is a designation given to an accounting professional who has received certification from a statutory body that he/she is qualified to take care of the matters related to accounting and taxation of a business, like file tax returns, audit financial statements and business practices, maintaining records of investments, preparing and reviewing financial reports and documents. A Chartered Accountant is also qualified to offer advisory services to clients which include companies and individuals.To become a certified Chartered Accountant one has to complete three levels of training designed by the Institute of Chartered Accountants of India (ICAI). The ICAI, is a statutory body which regulates and maintains the profession of chartered accountancy in India. Under the Scheme of Education and Training, a candidate can pursue Chartered Accountancy Course either through, Foundation Course Route or Direct Entry Route. Foundation course is the entry point into the course after Class X, while Direct Entry is for those who have completed Graduation.

The changing dynamics of the Finance sector demand individuals to excel in jobs other than the conventional role that professionals have been doing. But, the fast-paced corporate world has altered the outlook of individuals towards time-taking chance to explore your talents and enhance your skills by participating in extra-curricular activities during the college period. If you are not very psyched about these experiences, you can go for the course right after Class 12. Otherwise,CA after B.Com would be the better option.

About Chartered Accountancy (CA)

The question ‘Should I pursue CA directly after 12th class or after B.Com?’ attracts a lot of attention amongst the students in the Finance sector. If you belong to the same group,you must also have heard this at least once. And if this question worries or confuses you to take a decision,we have listed below some points that will help (make the contemplation easy for you).
Duration: The first thing that you need to consider is the duration, which has already been mentioned above. Through one route, you will be dedicating 4.5 years to the CA course whereas, through direct route, the CA course might take only three years but you also need to take into account the three additional years that you dedicate for graduation.
Opportunities: The college period is a very important part of your life. You experience a lot and learn a lot. You get thechance to explore your talents and enhance your skills by participating in extra-curricular activities during the college period. If you are not very psyched about these experiences, you can go for the course right after Class 12. Otherwise,
CA after B.Com would be the better option.

Options: During your college life, you would be indulging in a lot of co-curricular activities, which might lead you to a different career interest. On the other hand, if you are hundred percent sure about making a career as a CA, then the Foundation Route would be a bett er.

The CA course has three levels:

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CA Foundation Course

CA Intermediate

CA Final

Direct Entry Route

Commerce Graduate / Post Graduate (55%) / Other Graduate / Post Graduate (60%)

Register for Intermediate Course undergo Four Week ICITSS

Join 3 years Practical Training and appear in Intermediate Exam
after 9 months of Practical Training

Intermediate Pass students of the Institute of Cost Accountants of India and Institute of Company Secretaries of India

Foundation Route

1. Eligible to appear in Nov/ May Exam after passing Class XII Examination

2. Qualify Foundation

3. Register for Intermediate Course

4. Appear in Intermediate Exam after study period of 8 months and Pass in either or Both Groups of Intermediate

5. Register for 3 year of Practical Training (PT)

6. Complete Four Weeks ICITSS before commencement
of Practical Training

7. Register for CA Final Course after passing Both Groups of Intermediate

8. Successfully complete 4 weeks Advanced ICITSS in last 2 year of PT

9. Appear in Final Exam during last six months of PT & after the
successful I completion of Advanced ICITSS

10. Complete Practical Training

11. Qualify Final Exam

12. Become a Member of ICAI