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I have appeared for my Class 12th exams. Want to explore the possibility of doing CA. How much time it takes to complete it. And what is the process?
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Hi abhishek,Chartered Accountancy is a dynamic, challenging and rewarding profession. All the countries have their own Accountancy Association which regulates the quality and quantity of the professionals in this field.A Chartered accountant is one who is specialised in accounting, auditing and taxation. A Candidate who has passed the 10th examination can register for the Competency Professional Test (CPT) of the CA programme. But they can write the examination only after passing the Senior Secondary Examination (10+2) or waiting for the 10+2 exam results. There are no restrictions with regard to the age of the candidate or marks secured in Senior Secondary Examination.Commerce graduates with 50% marks, non-commerce graduates with subjects other than Mathematics with an aggregate of 55% marks and non-commerce graduates with Maths with an aggregate of 60% marks are exempted from the Competency Professional Test (CPT) and are permitted to register for Professional Competency Course (PCC). After passing Professional Competency Course, the candidates can register as Articled clerks for practical training and for admission to the Final course of the Chartered Accountant. Every graduate above18 years of age is eligible to register as an articled clerk/Audit Clerks for Chartered Accountancy. Computer Training Programme is compulsory for the candidates who wish to register themselves as auditor clerk. They should under go 100 hours training in Information Technology along with PCE.Subjects for Professional course I Paper 1- Fundamentals of AccountingPaper 2 - Mathematics & StatisticsPaper 3 - EconomicsPaper 4 - Business Communication and Organization and Management Subjects for Professional Competency Course (PCC)The Professional Competency Examination has two groups that consists of three papers each (i.e total 6 papers) and each paper consist 100 marks each.Group IPaper 1 - AccountingPaper 2 - AuditingPaper 3 - Business and Corporate LawsGroup IIPaper 4 - Cost Accounting and Financial ManagementPaper 5 - Income Tax & Central Sales TaxPaper 6 - Information TechnologySubjects for Final CourseGroup IPaper 1 - Advanced AccountingPaper 2 - Management Accounting & Financial AnalysisPaper 3 - Advanced AuditingPaper 4 - Corporate Laws & Secretarial PracticeGroup IIPaper 5 - Cost ManagementPaper 6 - Management Information and Control SystemsPaper 7 - Direct TaxesPaper 8 - Indirect Taxes Read more here: https://ask.careerguide.com/c/banking-insurance-finance/chartered-accountantGood luck
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