Learn complete details on how to become CA in India about the levels, registration, examination, duration, of the professional course CA.

One view of the CA course

  Foundation course Intermediate course Final exams
 Last date and Month of registration 30 September and 30 June 28 Feb and 31 August No last date
Examination held May and November May and November May and November
Validity of registration 3 year 4 year 5 year
Subjects 4 8 8
Fees 11300 Rs 27200/23200 rs Rs 32300
Eligibility Should appear 12th exams Should clear foundation or graduation or pg Should clear intermediate level and 3-year practical training

Introduction: How to Become CA in India

After being independent, the parliamentary of India establish regulatory body ICAI, which provided the competent platform where the professional course of accountancy is, formulated developed, and promoted throughout the world in the title of Chartered Accountant. 

The CA course was, originated in Scotland at an initial level but later on, this course was, accepted throughout the world under the different governing body, today we are going to guide you about this amazing course and how to become a CA in India after 12th or graduation.

Certified public accountant is again the popular title of equivalent value practice in the USA. Over a while, ICAI has received recognition of being the second largest organization to conduct the Accountancy Professional course.

The institute undertakes educational activities through its committee. It has 3 educational committees.

  1. Board of studies
  2. The continuing professional education committee
  3. The technical directorate

The one who takes care of your study by providing teaching and learning material through different sources like a pdf file, podcast, webcast.

Board of Studies is popularly known as BoS and is responsible for formulating and implementing policies and programmes relating to the education of students.

They provide comprehensive study material on the prescribed syllabus for students Foundation, intermediate course and final course for preparation and revision.

Scheme of Education and Training w.e.f July 2017

The Institute of Chartered Accountants of India periodically reviews its scheme of Education and Training to remain in the process with development in the field of education and other changes at the international level.

The changing environment and demand of economy always give new scope to the accounting professionals. To meet such demand and equips new skills in the CA aspirants ICAI scheme of education design and implement the new course.

ICAI being a member body of the International Federation of Accountants IFAC, has to comply with the International Education Standard( IES 1- IES 8). There has been a shift from input based to “outcome-based approach.” Accordingly, the scheme of education has been designed and implemented from July first, 2017.

Significant changes under the  new scheme of education and training

  • Allowing early entry to the professional through the Foundation group for the young students having interest and accounting education
  • Allowing graduates and other qualified students to pursue this course through the direct entry route
  • Complimenting theoretical education with practical training
  • Developing technical skills through Information Technology training under ICITSS and advanced ICITSS
  • Integrate analytical ability among the students through case studies.
  • Globalizing Chartered Accountancy education through the organization of Education and Training abroad.

Entry Route to CA course

Under the scheme of Education and Training a candidate can pursue Chartered Accountancy course either through foundation course route or direct entry route.

Foundation route entry

From June 2017, ICAI has revised the old syllabus. The first level is foundation level and eligibility to enroll for this course is only after appearing 12th std exams. The schedule for the CA course according to ICAI is as follows

First level – Foundation

The first level after the 12th exam is the foundation level.

The mandatory study time between registration and appearing for the exam is 4 month, You Must Join the best CA Coaching Institute in India during this duration only

The registration dates are in December and June.

The examination,  are  held in May and November

Duration to clear foundation  Level

12th std to clearing foundation Level= 7 month

Second level – Intermediate

The second level is the Intermediate level or old IPCC level. A student can register for one group or both group, according to ICAI regulation act.

  1. For one group at a time

The mandatory study time between registration and appearing for the exam is  8 month

The registration dates are in December and June.

The exam is, held in May and November.

ICITSS training duration, a student of intermediate level have to undergo 4 weeks of an integrated course of information technology and soft skill before appearing for the second group of intermediate level

After clearing one group and undergoing ICITSS training student appear for the second group with the same time frame of the study period and registration process.

Duration  to clear the intermediate level with one group

from 12th std to– clear  Foundation level — to intermediate level— clearing groups one by one

4 month + 18 months (one group 8 month study period, so 18 month time taken to study both groups individually, and one month to undergo ICITSS ) = 24 month or 2 years.

  1. For both group

The mandatory study time between registration and appearing for the exam is  8 month

The registration dates are in December and June.

The examination is, held in May and November.

ICITSS training duration, a student of intermediate level have to undergo 4 weeks of an integrated course of information technology and soft skill before appearing for Articleship.

Duration to clear Intermediate level both group

12th to clear —– foundation to—- clear  intermediate level

7 month +12  month = 1.7 years

Third level – Articleship

Articleship the third level: It is mandatory for the student to undergo industrial training or Articleship for 3 years to become eligible for appearing in final exams. The student is allowed to take a 6-month break from training period to prepare for finals to utilize the time student register for final after completion of 2.6 years of Articleship and appear for finals.

Last month of registration for Articleship program usually ends in October.

Duration to complete Articleship

12th to clear Foundation level —- to clear intermediate level—–  to undergo  articleship training

7 month + 1 year +2.6 years= 4 years (both group)

7 month +2 years +2.6 years =5 years( single group at time)

Fourth level

Final Level – Finals

The last level or fourth level of the CA course is Finals. Students can register for the exams in any month after completing their 2.6 years of tenure in Articleship.

The examination is, held in May and November

A student can register for a single group or both group.

The student also needs to undergo 4 weeks of advanced ICITSS and Articleship if 3 years have not completed. So,

Duration to clear finals

12th std  to ——clear foundation ——-clear intermediate level —–to Articleship—- to clear Finals

7 month + 1 year +2.6 years= 4 years (both group)+ 6 month of articleship + 1 month of final preparation = 4.7 YEARS

7 month +2 years +2.6 years =5 years( single group at time)+ 6 month of articleship + 1 month of final preparation =5.7 years

The time between registration and appearing for exams is almost a year.

The other route to CA course is Direct Entry Route.

After registering for an intermediate course under Direct Entry Route in Feb or September, students take 8 month study period in preparing themselves.

During this time they need to Undergo 4-week ICITSS training and nine months Articleship training before appearing for Intermediate exams.

Or

after registering for Intermediate group, appear for a single group or both group taking 8 month study period.

Then, they undergo AICITSS training for a month.

After clearing both groups, they undergo practical training, for 3 years and then appear for finals.

Duration to complete CA course under Direct Entry Route

Study period Intermediate + articleship +study period finals + ICITSS AICITSS training period

8 month + 3 years + 4 month +1 month +1 month = 4.2 years.

To be a CA  is a commitment for minimum of 4 years and involve a lot of hard work and practice. Though it is one of the toughest course in the world, it is possible to crack it down with persistence and devotion.

Hope you find this article useful and can accordingly plan for your future. We wish you good luck.

Keep yourself healthy and productive.