How to become CA in India – Startup ideas

How to become CA in India - Startup ideas
How to become CA in India – Startup ideas
Chartered Accountant is the trading stream’s most reputed course. Therefore, mostly every commerce student dreams of being a successful Chartered Accountant and wants to know how to become a CA (chartered accountant) in India but it’s not that easy to become CA. The career path towards becoming a Chartered Accountant (CA) is challenging but promising. You’ll have to spend 5 years learning to become a CA. This course requires complete dedication, hard work, and passion.
CAs are in good demand within both private and public organizations in India. A chartered accountant is hired to handle an organization’s account details. We’re sharing a guide here with you that will surely help you become a successful Chartered Accountant. If you are planning to pursue this career then it is a better idea to start after class 10. Find out the career details of a CA below:

Examination and courses to become a CA:
      1)      CPT (Common proficiency test)
      2)      IPCC (Integrated professional competence course)
      3)      Final course

    Eligibility:

  • Candidates are eligible for CPT registration after class 10, but only after passing class 12 will they will be able to appear for it.
  • Students of commerce, science as well as arts stream can apply for CPT.
  • In order to qualify for CPT, Commerce Stream students need to secure 50 percent aggregate marks in Class 12 exams.
  • Students from all other streams must score an aggregate of 55% excluding mathematics and 60% including mathematics in Class 12 board exams.
  • Candidates become a member of the Indian Chartered Accountants Institute (ICAI) – the examination and course leading body for all CAs in India upon successfully clearing the CPT exam.
Chartered Accountancy’s vast syllabus is divided into 4 steps-
      1)      Requirement for ATC
      2)      Appling for IPCC (Integrated professional compentence course)
      3)      Article training (3 years)
      4)      CA final

    Requirement for ATC(Accounting Technician Course):

  • Candidates must register for the ATC after clearing the CPT. The same can be done after 10 + 2 clearance.
  • Candidates with Entrance Examination or Professional Education (Examination-I) or Foundation Examination already cleared will be eligible to register for ATC.
  • Candidates who have previously enrolled in the Intermediate / Intermediate (Professional Competence)/Professional Education (Course-II) program may apply for ATC.
Applying for IPCC:
  • To apply for an IPCC program, candidates must have scored at least 100 out of 200 marks in CPT after class 12.
  • IPCC registration must be dome nine months prior to the first day of the month in which the examination will take place.
  • There are 7 subjects in the courses, each worth 100 marks. You will need to score at least 40 marks in each subject and an aggregate of 50 percent or higher in order to clear the course.
  • Scoring 60 marks and above in any topic will exempt you from reappearing for that particular topic in case you fail the course and plan to return to the examinations.

Articleship Training:

You will need to do a 3-year internship under a certified CA after clearing the IPCC. The articleship is an opportunity to learn how an experienced CA handles accountancy.

CA final:

You may appear for the final course exams during the last six months of your 3-year articleship. Once the final course has been cleared, you will be awarded the Chartered Accountant designation.

Salary:

After completing the final course, the average starting salary of a CA varies from Rs. 4 to 6 lakh per year. The salary depends on the city and business with which you are employed.

2 thoughts on “How to become CA in India – Startup ideas

  1. CA is Dream of Every Commerce Student This is Reputed and Future Job in India .

    Here we are sharing with you a guide which will surely help you to become a successful Chartered Accountant.

    Qualification:
    Any student who has passed 10thclass or any course equivalent to that can apply for the Common Proficiency Course (CPC) first.
    Post qualifying for the 10+2 exam, a student has to then qualify in CPT exam.
    After the CPT IPCC, successful article-ship or training under an officially practicing C.A has to be done for 3 years.
    Then comes the CA Final.
    STEPS To Study CA

    CA Foundation
    CA Intermediate
    CA Final
    CA Foundation
    Foundation covers four basic subjects viz.

    Paper 1: Principles and Practice of Accounting
    Paper 2: Business Laws and Business Correspondence and Recording
    Paper 3: Business Mathematics, Logical Reasoning and Statistics
    Paper 4: Business Economics and Business and Commercial Knowledge
    400 Marks exam with each paper accounting for 100 Marks. Paper 1 & 2 will be subjective type papers and 3 & 4 will be objective papers. Candidates can choose English or Hindi as the choice of language to appear in CA Foundation exam. However, Section B of paper 2 will compulsorily have to be given in English language. The objective papers, i.e. Paper 3 & 4, will have a negative marking of one-fourth, such that for every wrong answer, 0.25 marks will be deducted. Candidates will have to score a minimum of 40 marks in each paper and 50% overall (200 marks) to pass the CA Foundation exam.

    CA Intermediate
    Intermediate covers eight subjects viz.

    Paper 1: Accounting
    Paper 2: Corporate And Other Laws
    Paper 3: Cost And Management Accounting
    Paper 4: Taxation
    Paper 5: Advanced Accounting
    Paper 6: Auditing And Assurance
    Paper 7: Enterprise Information Systems And Strategic Management
    Paper 8: Financial Management And Economics for Finance
    A Candidate can register for Intermediate after completing CPT/Foundation/Under Graduation/Post Graduation and take the exam after 9 Months. Every Paper on Intermediate exam carries a total of 100 Marks. A candidate is considered to have cleared Intermediate if he/she, in a given attempt, obtains 40% in each of the 8 Subjects and a 50% aggregate in the entire examination.

    CA Final
    Final Covers eight subjects viz.

    Paper-1: Financial Reporting
    Paper-2: Strategic Financial Management
    Paper-3: Advanced Auditing and Professional Ethics
    Paper-4: Corporate and Economic Laws
    Paper-5: Strategic Cost Management and Performance Evaluation
    Paper-6A: Risk Management
    Paper-6B: Financial Services and Capital Markets
    Paper-6C: International Taxation
    Paper-6D: Economic Laws
    Paper-6E: Global Financial Reporting Standards
    Paper-6F: Multidisciplinary Case Study
    Paper-7: Direct Tax Laws and International Taxation
    Paper-8: Indirect Tax Laws
    Conclusion:
    I hope These are Helping You And Best Wishes.CA is Not easy it is easy for clear for your dedication And Hope.

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