Chartered Accountancy (CA)

• Qualification Required: 10+2
• Marks Required (Aggregate): 55%

CA Selection and Structure:

Following are the three levels of the CA certification:

• CPT (Common Proficiency Test)
• IPCC (Integrated Professional Competence Course)
• FC (Final course)

1. Requirement for Accounting Technician Course (ATC):

• The first step in the career path of a CA is to appear for the Chartered Accountant CPT and then enroll for the ATC. This can be done after clearing 10+2
• Those candidates who have cleared the Entrance Examination or Professional Education (Examination-I) or Foundation Examination can register directly for ATC.
• Candidates who had applied for the Intermediate/ Intermediate (Professional Competence) program/ Professional Education (Course-II) prior to this can also register for ATC.

2. Apply for IPCC:

• Candidates should have secured at least 100 out of 200 marks in CPT after class 12 if they want to register for the IPCC program.
• Registration for IPCC must be done nine months prior to the first day of the month in which the exam will be held.
• The course consists of 7 subjects, each comprising 100 marks. In order to clear the course, candidates will have to score at least 40 marks in every subject with an aggregate of 50% or above.
• Scoring 60 marks and above in any subject will exempt you from reappearing for that particular subject in case you fail the course and plan to give the exams again.

3. Articles in CA:

After clearing the IPCC, an internship of 3 years under a certified CA is mandatory for all candidates. The article is to gain practical perspective in the field of accountancy.

4. Final Course:

During the last six months of the 3-year articles, candidates can appear for the final course exams. After clearing the final course, candidates are awarded the designation of Chartered Accountant.