Aastha Gupta

What is the procedure for pursuing CA after graduation?


by Aastha Gupta
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RE: What is the procedure for pursuing CA after graduation?

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

Hello Astha,

A warm Welcome To Careerguide.com!!!

Thanks for visiting us and writing us your career query.

Chartered Accountant is one of the prestigious career options and preferred by many students as the topmost career option . The students who aspire to make a career in the field of commerce mostly opt for the Chartered Accountant. Every year there is a huge requirement for Certified Chartered Accountants.

Table Contents

1.  What is the procedure for pursuing CA after graduation?

2.  Enroll for CA Foundation Course

3.  Prepare for and Clear the CA Foundation Exam

4.  Register for the CA Intermediate Course

5.  Complete Articleship

6.  Prepare for and Clear the CA Intermediate Exam

7.  Register for the CA Final Course

What is the procedure for pursuing CA after graduation?

pursuing CA

CA

Auditing, taxation, financial, and general management are all areas of business and finance where chartered accountants work. Some work in public practice , while others work in the private sector, while yet others work for government agencies. These are the work done By Charted Accountant CA. In India license for practicing CA is given by the Institute of Chartered Accountants of India (ICAI).

CA AFTER GRADUATION IN INDIA

Earlier the one who aspired to make a career in CA was supposed to start from the 12th with the CPT exam but now the Institute of Chartered Accountants of India (ICAI) has introduced the Direct Entry schemes for the students who aspire to make a career in CA after the Graduation. The Direct Entry Scheme is a scheme in which a student who has completed Graduation do not need to give a CPT exam can appear for Integrated Professional Competency Course (IPCC) how to do ca after graduation.

ELIGIBILITY

Whereas there are prescribed Eligibility Criteria for the Direct Entry Scheme as follows.
1. A student who have Graduated or Post Graduated in Commerce and have secured in aggregate a minimum of 55% of the total marks or its equivalent conducted by the recognized university including open university by studying any three papers of 100 marks each out of which Accounting, Auditing, Mercantile Laws, Economics, Corporate Laws, Management, taxation, Costing, Business Administration , Management Accounting.

2. How to do CA After Graduation. A Graduate or Post Graduate falling under the commerce stream mentioned above has secured in aggregate a minimum 60% or its equivalent from the recognized university including open university.

A final year student of the Graduation can also apply for the Direct Entry Scheme.

CA FINAL EXAM

Group 1:
Paper-1:Financial Reporting(100 Marks)

Paper-2: Strategic Financial Management (100 Marks)

Paper-3: Advanced Auditing and Professional Ethics (100 Marks)

Paper-4: Corporate and Economics law (100 Marks)

– Section A: Corporate Law

– Section B: Economic laws

Group 2:

Paper-5: Strategic Cost management and performance Evaluation (100 Marks)

Paper-6: Elective paper (100 Marks)

List of Elective Paper

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 (100 Marks)

Part I: Direct Tax Laws

Part II: International Taxation

Paper-8: Indirect Tax Laws [100 Marks]

Part I: Goods and service tax

Part II: Customs & FT

Enroll for CA Foundation Course

To enroll for the CA Foundation 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 "Foundation 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.

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 Foundation Exam , which is held twice a year in May and November.

Prepare for and Clear the CA Foundation Exam

CA Foundation

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

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.

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 .

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.

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.

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.

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.

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.

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 .

Complete Articleship

The least time required to pursue CA after graduation is three years, as you can sit IPCC examinations after nine months of registration, and then complete 2.5-3 years of articleship to become a Chartered Accountant.

After getting into the CA course through the Direct Entry Scheme one has to appear for the IPCC GROUP I &II. Than an Article Ship of 3 years along with 100hours IT Training and Orientation Course. On successful completion of all these things, one can go for CA FINAL GROUP I & II.

On successfully cracking the CA Final Exam one becomes the certified Chartered Accountant.

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.

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.

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.

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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RE: What is the procedure for pursuing CA after graduation?

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Caching Date: 4/24/2024 8:22:45 AM