priya pathak

How difficult is it to become a Chartered Accountant?


by priya pathak
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RE: How difficult is it to become a Chartered Accountant?

Prathamesh Kapote
Prathamesh Kapote
Verified Career Expert
Founder And Director At Canvas Career
  • Nasik

Hello Priya,

Welcome To Careerguide.com!!!

Thanks for visiting us and writing us your career query.

Good to hear from you back again. Well Priya let me tell you that an Engineering and Chartered Accountant are very different fields they dont have any kind of relation with each other.

Table Contents

1.  How To Become CA After Graduation?

2.  What is the procedure for pursuing CA?

3.  Prepare for and Clear the CA Foundation Exam

4.  Register for the CA Intermediate Course

5.  Prepare for and Clear the CA Intermediate Exam

6.  Register for the CA Final Course

Chartered accountant is a field that completely deals with the commerce i.e handling ,maintaining the accounts and preparing the balance sheets of the banks,companies and various other organisations and also of the individuals.

Becoming a Chartered Accountant is not an easy task its really very hard. One needs to be very focused and dedicated towards CA course. Need to study very hard for the CA course for long hours. If you see the percent of the students passing and successfully completing the CA course is very low every year. The percentage of passing the CA course is only 3-4 % every year from all over India. One who aspires to be a CA needs to be very particular with regards to the study of CA and should be very particular with regards to the answers while writing the papers.

Is chartered accountant hard, After completing 12th one can register with ICAI institute and needs to give a CPT exam. AFTER CPT exam one becomes eligible to give IPCC Group I and II exams. Along with the IPCC group one also needs to compulsorily undergo for 3 years Internship and 100 hours of IT training . After completing all this one can get for CA final GROUP I & II. On successful completion of CA final one gets an authority to practise as an CA.

I hope you find this information relevant and helpful and useful to your career query.

How To Become CA After Graduation?

To become a Chartered Accountant (CA), you need to fulfill certain educational requirements, which include passing the Foundation, Intermediate, and Final exams conducted by the Institute of Chartered Accountants of India (ICAI). Here are the educational requirements you need to fulfill to pursue CA:

Education after 10th: After completing your 10th standard, you need to register for the Foundation course offered by the ICAI. You can pursue any stream (Science, Commerce, or Arts) in your 11th and 12th standard . It is recommended to choose Commerce stream as it covers the basic concepts that will be useful in the CA course.

Education after 12th: After completing your 12th standard, you need to clear the Foundation exam conducted by the ICAI. Once you clear the Foundation exam, you need to enroll for the Intermediate course, which is divided into two groups. You can pursue any bachelor's degree pursue any bachelor's degree course along with the CA Intermediate course.

Education after Graduation: After completing your bachelor's degree, you can register for the CA Final course. It is also recommended to complete the 3 years of practical training along with the CA course .

Is chartered accountant hard, So, in summary, you can choose Commerce stream in 11th standard and pursue any bachelor's degree course along with the CA Intermediate course to become a Chartered Accountant.

What is the procedure for pursuing CA?

To pursue a Chartered Accountancy (CA) course after 12th, you need to follow the below-mentioned procedure:

Step 1: Register with the Board of Studies (BoS) of the Institute of Chartered Accountants of India (ICAI) The first step towards pursuing a CA course after 12th is to register with the Board of Studies (BoS) of the ICAI. You can do this by visiting the official website of the ICAI and filling the registration form. You will also need to pay the registration fee and upload the required documents such as mark sheets of 10th and 12th standard, passport size photograph, and signature.

Step 2: Complete the required CA Course and Training

After registering with the BoS, you need to complete the following courses and training:

1. Common Proficiency Test (CPT): This is the first level of the CA course and can be attempted after completing 12th. The CPT exam consists of four subjects, namely Fundamentals of Accounting, Mercantile Law, General Economics, and Quantitative Aptitude.

2. Integrated Professional Competence Course (IPCC): After clearing the CPT exam, you can appear for the IPCC exam. The IPCC exam consists of two groups with seven subjects in total.

3. Three Years of Articleship Training: After clearing the IPCC exam, you need to complete three years of articleship training under a practicing CA. During this period, you will gain practical knowledge and experience in the field of accounting, auditing, taxation, and other related areas.

4. Final Course: After completing the articleship training , you need to appear for the final course exam. The final exam consists of two groups with eight subjects in total.

Step 3: Register as a Member of the ICAI

Is chartered accountant hard, After completing the required courses and training, you can apply to become a member of the ICAI. To become a member, you need to fill the application form, pay the membership fee, and provide the required documents such as the mark sheets, certificates, and other relevant documents.
Is chartered accountant hard. In conclusion, pursuing a CA course after 12th requires dedication, hard work, and commitment. You need to clear the CPT and IPCC exams, complete the articleship training, and clear the final course exam to become a member of the ICAI. It is a challenging but rewarding career path for those who are interested in the field of accounting, auditing, taxation, and related areas, is chartered accountant hard.

Prepare for and Clear the CA Foundation Exam

To prepare for and clear the CA Foundation Exam Exam, you can follow these steps:

1. Understand the Exam Pattern: Before you start your preparation, you should have a clear understanding of the CA Foundation Exam pattern. The exam consists of four papers, each of which is of 100 marks. The papers are Accounting, Mercantile Law, General Economics, and Quantitative Aptitude.

2. Create a Study Plan: Once you understand the exam pattern, create a study plan that covers all the topics and gives you enough time to revise before the exam. Divide your study time equally among all the papers and allocate more time to the topics that you find difficult How to do CA After Graduation .

3. Study from the Right Resources: Choose the right study materials and resources for each paper. You can refer to the ICAI study material, reference books, online lectures, and mock tests.

4. Practice Sample Papers: Practice solving sample papers and previous years' question papers to understand the exam pattern, types of questions, and time management. This will also help you identify your strengths and weaknesses, is chartered accountant hard.

5. Revision: Revision is an essential part of exam preparation . Revise all the topics multiple times to strengthen your understanding and memory. You can create notes or use flashcards to revise quickly.

6. Exam Day Preparation: On the day of the exam, make sure you reach the exam center on time and carry all the necessary documents such as your admit card and ID proof. Stay calm and focused during the exam and manage your time efficiently How to do CA After Graduation.

Is chartered accountant hard, By following these steps, you can prepare well for the CA Foundation Exam and clear it with a good score.

Register for the CA Intermediate Course

To register for the CA Intermediate Course, you can follow these steps:

1. Visit the official website of the Institute of Chartered Accountants of India (ICAI) at icai.org.

2. Click on the "Students" tab and select "Course Registration Forms" from the drop-down menu.

3. Under the "Intermediate Course" section, click on the "Apply Now" button.

4. Fill in the required details in the application form, such as your personal details, educational qualifications, and contact information.

5. Upload the scanned copies of the required documents, such as your passport-sized photograph, signature, and educational certificates.

6. Pay the registration fee online using a debit card, credit card, or net banking.

7. Submit the application form online and take a printout of the same for future reference.

Is chartered accountant hard, How to do CA After Graduation Once your application is processed and accepted by the ICAI, you will receive a confirmation email and a registration letter with your registration number and other details. You can then start preparing for the CA Intermediate Exam, which is the next level in the CA program .

Prepare for and Clear the CA Intermediate Exam

To prepare for and clear the CA Intermediate Exam, you can follow these steps:

1. Understand the Exam Pattern: Before you start your preparation, you should have a clear understanding of the CA Intermediate Exam pattern. The exam consists of eight papers, which are divided into two groups of four papers each. Each paper is of 100 marks, and you need to score a minimum of 40% in each paper and an aggregate of 50% in all papers to pass the exam, Is chartered accountant hard.

2. Create a Study Plan: Once you understand the exam pattern, create a study plan that covers all the topics and gives you enough time to revise before the exam. Divide your study time equally among all the papers and allocate more time to the topics that you find difficult.

3. Study from the Right Resources: Choose the right study materials and resources for each paper. You can refer to the ICAI study material, reference books, online lectures, and mock tests.

4. Practice Sample Papers: Practice solving sample papers and previous years' question papers to understand the exam pattern, types of questions, and time management . This will also help you identify your strengths and weaknesses .

5. Revision: Revision is an essential part of exam preparation. Revise all the topics multiple times to strengthen your understanding and memory. You can create notes or use flashcards to revise quickly.

6. Exam Day Preparation: On the day of the exam, make sure you reach the exam center on time and carry all the necessary documents such as your admit card and ID proof. Stay calm and focused during the exam and manage your time efficiently.

By following these steps, you can prepare well for the CA Intermediate Exam and clear it with a good score. It is essential to maintain consistency and discipline in your studies and seek guidance from your principal or a qualified tutor whenever required , Is chartered accountant hard.

Register for the CA Final Course

To register for the CA Final Course, you can follow these steps:

1. Clear the CA Intermediate Exam: How to do CA After Graduation The first step to register for the CA Final Course is to clear both groups of the CA Intermediate Exam.

2. Complete Articleship: You also need to complete the mandatory Articleship program of three years or two and a half years (with ITT and Orientation Program).

3. Register for the CA Final Course: After completing the above two requirements, you can register for the CA Final Course by filling up the registration form available on the ICAI website.

4. Pay the Registration Fees: You need to pay the registration fees online using a debit card, credit card, or net banking. The fees for the CA Final Course registration vary depending on whether you are registering for both groups or a single group.

5. Submit the Registration Form: After filling up the registration form and paying the fees, submit the form online, and take a printout of the same for future reference.

6. Receive Registration Letter: Once your registration is processed and accepted by the ICAI, you will receive a registration letter with your registration number and other details. This letter confirms your registration for the CA Final Course .

Is chartered accountant hard, After registering for the CA Final Course, you can start preparing for the exam. The CA Final Exam is the last level in the Chartered Accountancy course and is considered one of the toughest exams in the country. It is essential to prepare well and seek guidance from experienced Chartered Accountants to clear the exam.

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Caching Date: 4/26/2024 9:18:08 PM