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    CA Course

    Chartered Accountancy (CA) Overview

    CA or Chartered Accountancy is a professional designation and accounting qualification that involves extensive training and education in accounting, auditing, taxation, financial management, and business strategy. The title Chartered Accountant is given to an accounting expert who has been approved by the Institute of Chartered Accountants of India (ICAI) as qualified to handle issues relating to a business firm’s taxation and accounting. Chartered Accountancy entails compiling and evaluating financial reports and documentation, filing tax returns, auditing financial statements and company procedures, registering the business organization with the government, etc. A Chartered Accountant with formal training is also qualified to provide consulting services to a variety of clients, including businesses and people.

    Candidates can pursue the CA course via two methods i.e CPT Route (Foundation Route) OR Direct Entry method. Candidates who have passed class 12th can join the course through the CPT route and eligible candidates who have completed their graduation/ post graduation/ CS or CMA Executive/ Intermediate level pass can directly take admission to the Chartered Accountancy Intermediate level. The duration of the course is 4.5 - 5 years through the CPT route and 3 years through the direct entry method. Interested candidates must check the CA Syllabus to devise a solid preparation strategy to ace each level of the course.

    The CA course fees for the Foundation programme is INR 9,800, for Intermediate level it is INR 18,000 (for both groups) and INR 13,000 (Group I/ II), and for the Final level it is INR 22,000. Chartered Accountants hold important positions in both the public and private sectors because they serve as advisors to businesses and assist with the preparation of financial reports, the acquisition of loans, the creation of financial projections, the explanation of how loans will be repaid, and the assessment of a company's viability. The annual compensation range for a CA in India is between INR 6,00,000 and INR 20,00,000. International auditing firms provide compensation packages that might reach as high as INR 75,00,000 annually.

    Also Read: How to Become a Chartered Accountant?

    Chartered Accountancy (CA) Highlights

    The CA highlights section will provide you with an overview of important aspects related to the chartered accountancy course like duration, course fee, top recruiters, etc.

    Course NameCA Course OR Chartered Accountancy Course
    Course TypePart-time
    Full-FormChartered Accountancy

    CPT Route (After class 12): 4.5 - 5 years

    Direct Entry Route (After graduation/ Post graduation/ CMA or CS Intermediate level passed): 3 years

    AgeNo minimum or maximum age limit set by ICAI to pursue the CA course.
    Eligibility Criteria

    For Foundation Route

    To be eligible to take the Foundation examination, a candidate must have completed their four months of required study time after registering as a CA and have passed the class 12 exam.

    For Direct Entry Route

    Following candidates can take direct admission to the CA Intermediate level:

    • Commerce graduates with 55% aggregate marks
    • Non-Commerce graduates with 60% aggregate marks
    • ICSI/ ICWAI Executive/ Intermediate level passed candidates
    Course Fees
    • CA Foundation Course Fee: INR 9800
    • CA Intermediate Course Fee: INR 18,000 (Both groups), INR 13,000 (Group I/ II)
    • CA Final Course Fee: INR 22,000
    Average Annual Salary INR 5 LPA - INR 20 LPA
    Employment RolesAccountant, Financial Manager, Banker, Taxation Consultant, Consultant and more

    Who should do CA?

    The Chartered Accountancy course is not an easy ride. It involves extensive studying, a difficult articleship that lasts for around 3 - 4.5/ 5 years, and exams that are difficult to pass. Only if you are reasonably confident in your capacity to invest the time and effort necessary for the course should you pursue this qualification. Career-wise, taking this course makes sense if:

    You are considering a profession in accounting, taxation, or auditing

    CAs handle a company's accounting, taxation, legal concerns, and auditing needs. There is no need to search further if this appeals to you. As a chartered accountant, you can choose your area of specialization from among direct and indirect taxes, accounting, taxation, financial consulting, tax audits, and more.

    You're thinking about working in corporate finance

    Managing a company's finances, fundraising, project financing, treasury, etc. are all included in corporate finance. This is a demanding and interesting career, and in India, chartered accountants virtually invariably get these positions. As a CA, you can contribute significantly to corporate finance by delegating the creation of financial statements and other accounting-related responsibilities.

    Although you are unsure of which area of finance you want to work in, you are interested in doing so

    You enjoy finance and accounting, but you're not sure which area of finance you want to focus on. If you have the perseverance to finish the course, CA is a very safe choice. Passing the exam is a difficult task because of the low passing percentage. Although there are plenty of opportunities in this scenario, the Chartered Accountancy curriculum offers a strong return on investment. Compared to other finance programmes in India, the compensation scale is very good and the investment is minimal.

    You want to open your own firm

    It should go without saying that you need this course if you want to start your own CA practice. According to the applicable laws and regulations of India, a chartered accountant is legally permitted to conduct audits. For instance, businesses that qualify for statutory audits must only have their financial records and tax returns audited by licensed chartered accountants. Due to this, Chartered Accountancy is a well-liked programme in India.

    The course is very demanding and stressful in every way. Students should therefore evaluate their aptitude and interests before enrolling in this course. Since students must do demanding articleships while they are studying, time management is absolutely crucial. Therefore, only individuals who have a genuine interest in accounting and taxes should enroll in this course.

    Why choose the CA course?

    The CA programme is one of the nation's most challenging and popular professional programmes. That is the ideal career for many people, and it pays well, too. A profession in Chartered Accountancy offers a variety of options in addition to other advantages. Although becoming a Chartered Accountant is not an easy feat, many students choose it since doing so offers some of the best career opportunities and secure employment in a variety of roles. This is a summary of some of the most important arguments in favor of choosing to become a CA professional:

    Global Perks & Possibilities

    There is currently a record high demand for CAs on the global market. For individuals who have always wished to live in a foreign nation and grow their career there, this is the ideal alternative for them. Yet, there are a number of alternative vocations that, if followed, can aid applicants in relocating abroad. More than 14% of the 2,00,000 CA graduates have been placed and settled abroad, according to research by the ICAI. Similar to how they are in India, Chartered Accountants are highly sought after in the global market.

    Chartered Accountancy encompasses more than just statistics

    Many individuals think that chartered accounting is monotonous and primarily consists of numbers. This is a mistake, though, as CA includes more than just computation. Chartered Accountants play a number of exciting roles in the growth of businesses across all industries.

    Lucrative Salary

    A qualified CA with three to five years of significant experience may expect to get an average income of INR 11,00,000 - 15,00,000 LPA. Candidates with extensive business knowledge and abilities, as well as several sources of income, can, nonetheless, earn more than the average pay. The nicest thing about this occupation is that there are no financial disadvantages. A Chartered Accountant with a 10 years of experience can earn up to INR 60,00,000 as their income.

    Work Flexibility

    After finishing the CA course, candidates will have the chance to work in a number of employment roles. In this industry, one can even later alter their employment role if they so want. Applicants who have a significant amount of relevant experience can advance to the position of entrepreneur. Chartered Accountants are in high demand in several industries these days, because of which the money paid by numerous organizations is likewise fairly high compared to other professions.

    Job Stability

    One of the world's safest professions is that of a Chartered Accountant. Both large and small enterprises need CAs. Chartered Accountancy is regarded as one of the most recession-resistant occupations in both the United Kingdom and India, which is an intriguing fact about this profession. Making the decision to become a Chartered Accountant may be thrilling and gratifying at the same time.

    Huge Learning and Upskilling Potential

    Contrary to popular opinion, Chartered Accountancy is not just about statistics. The curriculum also aids candidates in developing their technical skills, business acumen, and depth of knowledge in finance related subjects. With this kind of training, CAs can now operate in almost any industry and adapt to it. The Chartered Accountancy curriculum also gives people an entrepreneurial flair which serves as a great foundation for them to build their own organization.

    Work Prospects in almost any organization

    Banks, financial institutions, corporations, and other organizations place a great value on CAs. There are many job scopes available for certified Chartered Accountants in India as well as abroad.

    Entrepreneurial Skills

    Candidates who have earned their CA certification may also launch their own auditing company and begin offering auditing services to clients. Studying for the Chartered Accountancy course gives candidates an in-depth understanding of how to establish a firm, what are the rules, regulations, and compliances related to the establishment of a company, etc.

    Growing Demand and Lesser Competition

    Only a select few people can become chartered accountants since the CA exams are extremely difficult to pass, but the demand is great. Consequently, it is a career where demand is higher than supply. Candidates with a Chartered Accountancy certificate are eligible for employment in the public and private sectors with reputed firms and they gain employment really quickly as compared to their peers.

    Chartered Accountancy (CA) Eligibility Criteria

    Candidates must complete training and pass exams at various course levels administered by the Institute of Chartered Accountants (ICAI) of India in order to become certified Chartered Accountants. The CA course is divided into three primary levels: Foundation, Intermediate, and Final.

    CA Foundation Eligibility Criteria

    • Students who have passed the class 10th exams administered by a recognized school board in India or who have taken an equivalent exam recognised as being similar by the Central Government are eligible to enroll in the CA Foundation course.
    • Students are eligible to sit for the Chartered Accountancy Foundation exam after passing the 10+2 exams from a recognized school board or an equivalent exam that the Central Government has recognized as similar.
    • To be eligible to take the Foundation exam, a candidate must have completed their four months of required study time after registering for the CA Foundation course and have passed class 12th.
    • The candidate must register with the Board of Studies and finish the required four months of study time.
    • There is no maximum age limit placed by the ICAI on applicants who want to enroll in the CA Foundation programme.

    Eligibility Criteria for CA Direct Entry Route

    The candidate must meet the following requirements in order to be eligible for direct entry into the CA Intermediate course:

    • Graduates or postgraduates from the Commerce stream who have at least an aggregate of 55 percent (or equivalent score) are eligible to apply for this entry route. The subjects they must have studied, however, must be Accounting, Auditing, Mercantile Laws, Corporate Laws, Economics, Management (including Financial Management), Taxation (including Direct Tax Laws and Indirect Tax Laws), Costing, Business Administration, or Management Accounting, or subjects with names that are similar to these papers but use different nomenclatures.
    • Graduates and postgraduates from non Commerce fields must have obtained a minimum aggregate of 60 percent or its equivalent in the exam administered by any recognised university (including Open University).
    • Candidates who have passed the Executive or Intermediate level of The Institute of Cost and Work Accountants of India (ICWAI) or The Institute of Company Secretaries of India (ICSI) are also eligible for direct entry. Such candidates can enroll directly in the CA Intermediate level and are not required to complete the Foundation course.
    • Applicants who are in their final year of graduation may also sign up provisionally for the CA Intermediate course. Such applicants' registration would only become official upon presentation of their final year marksheet or passing certificate within six months of the date they appeared in the final year graduation test, as well as upon satisfactory completion of the ICITSS (Orientation Course and Information Technology). A candidate may participate in and finish the ICITSS during the provisional registration period.

    Chartered Accountancy (CA) Admission Process

    It is important for aspirants to know the detailed admission process of the Chartered Accountancy course. Different routes of selection methods are adopted for each level of the CA course. 

    Chartered Accountancy Selection Process 

    Candidates can work through their journey of becoming a CA mainly via two routes i.e Foundation route or direct entry route. The following are some crucial details on how to become a Chartered Accountant:

    Through Foundation Route

    The steps to become a certified Chartered Accountant via the foundation route are as follows:

    • After completing the Class 10th Exam administered by an examining body established by law in India, or an Exam recognised by the Central Government As Equivalent Thereto, enroll in the Foundation Course.
    • For the exam to be held in the months of May/June or November/December, respectively, register for the Foundation Course by the first day of January or the first day of July, whichever comes first.
    • Enter the Foundation Examination after passing the Senior Secondary Examination (10+2 examination) administered by an examination body established by law in India or by an examination deemed equal thereto and after fulfilling (ii) above.
    • After completing the Foundation Exam and Class 12th, enroll in the Intermediate Course.
    • At the earliest opportunity, enroll in the four-week Integrated Course on Information Technology and Soft Skills (ICITSS), which consists of classes on information technology and orientation. These courses must be successfully completed before beginning their articleship, though.
    • Participate in the intermediate examination after completing the 8-month study course as of the first day of the examination's scheduled month.
    • After clearing one or both groups of the intermediate course and completing the ICITSS satisfactorily, enroll in articled training.
    • Clear the remaining Group of the Intermediate Examination, if any.
    • Sign up for the final course
    • During the final two years of practical training, but prior to taking the final examination, successfully complete the four-week Advanced Integrated Course on Information Technology and Soft Skills (AICITSS), which consists of courses on Advanced Information Technology and Management Communication Skills.
    • After successfully completing AICITSS, appear in the final examination upon completion of practical training or while serving the final six months of articled training on or before the last day of the month preceding the month in which the test is to be held.
    • Complete the three years of articled instruction.
    • Pass the CA final exam
    • Become a "Chartered Accountant" by enrolling as an ICAI member.

    Also Read: ICAI CA Foundation Course: Dates, Application Form, Eligibility, Syllabus, Admit Card, Result

    Through Direct-Entry Route

    I) For Commerce Graduates and Postgraduates with a minimum aggregate percentage of 55% or for Other Graduates and Postgraduates with a minimum aggregate percentage of 60%:

    • Enroll in an intermediate course at the institute
    • Prior to beginning their articleship, participants must complete a four-week Integrated Course on Information Technology and Soft Skills (ICITSS) that consists of Orientation and Information Technology Courses.
    • Register for the three-year practical training programme.
    • After completing nine months of practical training, show up for the intermediate examination on the first day of the exam's scheduled month.
    • Appear for both the groups of the intermediate examination and pass them.
    • Enroll in the final chartered accountancy course.
    • Complete the four-week Advanced Integrated Course on Information Technology and Soft Skills (AICITSS), which includes classes on advanced IT and management communication skills, successfully within the final two years of practical training but before showing up for the final exam.
    • After successfully completing AICITSS, appear in the final examination upon completion of practical training or while serving the final six months of articled training on or before the last day of the month preceding the month in which the test is to be held.
    • Complete the three years of articled instruction.
    • Pass the CA final exam.
    • Become a "Chartered Accountant" by enrolling as an ICAI member.

    II) Candidates who have successfully completed the Intermediate level examination of the Institute of Company Secretaries of India or the Institute of Cost Accountants of India:

    • Enroll in an intermediate course at the Institute.
    • Complete a four-week Integrated Course on Information Technology and Soft Skills (ICITSS), which must be finished before beginning their articleship. This course consists of information technology courses and an orientation course.
    • Show up for the intermediate exam after completing the required 8 months of study as of the first day of the exam's scheduled month.
    • After clearing one or both groups of the intermediate course and after completing the ICITSS satisfactorily, enrol in articled training.
    • Pass the remaining groups of the intermediate examination, if any.
    • Enroll in the CA Final course
    • During the final two years of practical training, but prior to taking the final examination, successfully complete the four-week Advanced Integrated Course on Information Technology and Soft Skills (AICITSS), which consists of courses on Advanced Information Technology and Management Communication Skills.
    • After successfully completing AICITSS, appear in the final examination upon completion of practical training or while serving the final six months of articled training on or before the last day of the month preceding the month in which the test is to be held.
    • Complete the three years of article training.
    • Attempt and pass the CA Final Exam.
    • Become a "Chartered Accountant" by enrolling as an ICAI member.


    Chartered Accountancy (CA) Important Dates 2023

    It is indispensable for the CA aspirants to be aware of all the crucial dates related to the course and in the pursuit of making things easier for the aspirants, we have compiled all the cardinal dates related to the Chartered Accountancy exams in this section. Beginning on February 3, 2023, and concluding on February 24, 2023 (without late fee), candidates can register for the May-June phase of the ICAI CA Foundation, Intermediate, and Final exams. With a late fee payment deadline of March 3, 2023, the registration process is still ongoing. The dates for the Foundation exams are June 24, 26, 28, and 30, 2023. The Chartered Accountancy Intermediate examination will run from May 3 to May 18, 2023, and the Final examination will take place between May 2 and 17, 2023,

    The exams will be conducted through computer based mode. Applicants who have registered for the Foundation, Intermediate, or Final exam can visit the ICAI's official website to learn more about the schedule of the exams and other important information. The crucial dates related to the ICAI CA exams 2023 are mentioned in the table below:

    Exam EventsCA Exam Dates 2023
    Final, Intermediate & PQC Exams Application form submission startsFeb 3, 2023
    Final, Intermediate & PQC Exams Application form submission endsFeb 24, 2023
    Final, Intermediate & PQC Exams Application submission with late fee endsMarch 03, 2023
    Foundation, Intermediate, and Final form correction windowMarch 4, 2023 to March 10, 2023
    Foundation Course application submission start dateFeb 3, 2023
    Foundation Course application submission end date (without late fee)Feb 24, 2023
    Foundation Course application submission end date (with late fee)March 03, 2023
     ICAI CA Foundation Exams 2023

    24 June, 2023

    26 June, 2023

    28 June, 2023

    30 June, 2023

    ICAI CA Intermediate and Final Exams 2023
    Intermediate Course Group I

    May 3, 2023

    May 6, 2023

    May 8, 2023

    May 10, 2023

    Intermediate Course Group II

    May 12, 2023

    May 14, 2023

    May 16, 2023

    May 18, 2023

    Final Course Group I

    May 2, 2023

    May 4, 2023

    May 7, 2023

    May 9, 2023

    Final Course Group II

    May 11, 2023

    May 13, 2023

    May 15, 2023

    May 17, 2023

    International Taxation – Assessment Test (INTT – AT)

    May 11, 2023

    May 13, 2023

    Insurance and Risk Management (IRM) Technical Examination (Modules I to IV)TBA

    Chartered Accountancy (CA) Examination Fee 2023

    The exam fee for ICAI CA Foundation, IPCC (Intermediate), and Final exams vary depending on the location and category of an aspirant. The exam fee(s) for different Chartered Accountancy course levels are as follows:

    Intermediate Course Examination Fees

    For Indian Centre(s)
    Single Group / Unit 4A to 10 (except Unit 8A & 9A)INR 1500
    Both Groups / Unit 8A / Unit 9AINR 2700
    For Overseas Centre(s) – Excluding Kathmandu & Bhutan Centre
    Single Group / Unit 4A to 10 (except Unit 8A & 9A)US$ 325
    Both Groups / Unit 8A / Unit 9AUS$ 500
    For Kathmandu & Bhutan Centre
    Single Group / Unit 4A to 10 (except Unit 8A & 9A)INR 2200
    Both Groups / Unit 8A / Unit 9AINR 3400

    Final Course Examination Fees

    For Indian Centre(s)
    Single GroupINR 1800
    Both GroupsINR 3300
    For Overseas Centre(s) – Excluding Kathmandu & Bhutan Centre
    Single GroupUS$ 325
    Both GroupsUS$ 550
    For Kathmandu & Bhutan Centre
    Single GroupINR 2200
    Both GroupsINR 4000

    Foundation Course Examination Fees

    For Indian Centre(s)INR 1500
    For Overseas Centre(s) – Excluding Kathmandu & Bhutan CentreUS$ 325
    For Kathmandu & Bhutan CentreINR 2200

    Note: The Institute of Chartered Accountants of India (ICAI) Council has announced that there will be a late fee of INR 600 (for Indian, Kathmandu, and Bhutan Centers) and USD 10 (for Overseas Centers) for the submission of examination applications after the scheduled deadline. Applicants should be aware that the institute may decide to amend the costs listed above.

    Chartered Accountancy (CA) New Course from May 2024

    Beginning in May 2024, the Institute of Chartered Accountants of India (ICAI) will use its revised course format. The CA foundation course will have four question papers under the National Education Policy (NEP 2020), while the intermediate and final courses will have six question papers as opposed to the eight papers that were previously required.

    A three year Articleship that was once required of CA students is now only required for two years. According to a statement from the ICAI, the new structure will become active starting in May 2024 and has been submitted to the Union government for approval. Additionally, the organization collaborated with the Institute of Singapore Chartered Accountants (ISCA) to create membership pathways that would enable ICAI members to become Associate Members of the ISCA.

    What is an Articleship in Chartered Accountancy (CA) course?

    A CA articleship is a 3 year practical training which is a part of the Chartered Accountancy course. The only difficulty students encounter in this articleship course is choosing the right place for the articleship. The Institute of Chartered Accountants of India (ICAI) mandates articleship as one of the necessary steps to become a Chartered Accountant. Articleship is a 3 year practical training programme. Articled Assistants, or just Articles, are candidates who pursue this training. The articled student receives in-depth instruction in the profession after being paired up with a Principal who is an ICAI member and has the authority to instruct articled students. The aspirant must spend the first two years of the training period working for a CA firm, which is a practicing Chartered Accountant. However, in the third year, students have the option of either continuing their studies under the guidance of a practicing Chartered Accountant or enrolling in industrial training with a CA who is currently employed in the industry. Although the Articleship training term lasts for three years, Chartered Accountancy students can sit for the Final Examinations once their 2.5 years of training are up.

    Note: The ICAI has announced a draft CA Rules proposal to shorten the necessary articleship period to two years.

    To apply for an Articleship, students must meet the CA Articleship eligibility requirements. For students going either through the Foundation Route or Direct Entry Route, there are different eligibility requirements as mentioned below:

    CA Foundation Route

    According to the curriculum's present structure, a student from the CA Foundation Route must meet the following requirements in order to start their articleship:

    • Must have passed either or both of the CA Intermediate test categories.
    • A four week Integrated Course on Information Technology and Soft Skills (ICITSS) is required.

    Direct Entry Route

    However, Direct Entry Route candidates can begin the articleship after they meet the eligibility criteria listed below:

    • After enrolling in the CA Intermediate Course, graduates of the commerce stream and postgraduates with at least a 55 percent grade point average or graduates of other streams with at least a 60 percent grade point average can begin the articleship/practical training.
    • The four weeks of Integrated Course on Information Technology and Soft Skills (ICITSS) must have been completed by candidates.

    Importance of CA Articleship

    One of the most important steps in finishing the CA journey is the Articleship. Everyone must thrive in their individual fields in the current climate of intense rivalry, and articleships can provide the necessary practical exposure to a career. These are some significant lessons that can be learnt when completing an articleship and they are as follows:

    • Fostering a professional outlook
    • Management of time
    • Increased communication skills and client handling experience 
    • Deep practical knowledge of the subject while conducting day to day job
    • Enhanced presentational abilities
    • Capacity to handle difficult circumstances and the development of a problem solving mindset

    CA Course: Direct Entry Method vs CPT Route

    Here we have outlined the comparison between the CPT route and the Direct Entry scheme in the Chartered Accountancy course.

    • The Direct Entry option may be proper for aspirants who are commerce graduates because they are already familiar with the fundamentals of the subject and can easily transition into the Intermediate course.
    • On the other hand, applicants who are not commerce graduates and choose to skip the CA Foundation course may struggle to adjust to new concepts and methodologies.
    • Candidates who take the Direct Entry route will not have to pay the examination fee or the CA Foundation course fee, which could save them money, an advantage only available to the Direct Entry Scheme beneficiaries in the Chartered Accountancy course.
    • Candidates who decide to seek direct admission to the CA Intermediate course must first complete a 4-week course known as ICITSS [combination of Information Technology (IT) and Orientation Course (OC)] and a mandatory 9-month articleship, which can be pretty demanding. It would be easier to begin by applying for admission to the Chartered Accountancy Foundation course.
    • Aspirants who have a graduate or postgraduate degree in commerce or non-commerce may still have some weaknesses that need to be addressed. The CA Foundation course provides a solid foundation for studying fundamentals, and with that in place, the following steps become much more manageable.
    • If the aspirant chooses the direct entry route, the mandatory articleship may not be in the best location or at the location of your choice. Instead, if they enrol in the Foundation course, the chances of landing a better articleship may increase.
    • Direct entry is the best option for students who have passed CS Executive/ CMA Intermediate because they will already be acquainted with the concepts covered in the Chartered Accountancy foundation course.
    • Even in the worst-case scenario, a graduate aspiring to ace the Chartered Accountancy course will have a degree already to build his career in another field even if he fails to pass the CA exam or loses interest over time.
    ParticularsCPT RouteDirect Entry Scheme
    EligibilityAfter Class XII

    After Graduation, or,

    Passed the CS Executive exam, or,

    Passed the CMA Intermediate exam

    ExemptionsNo ExemptionsCPT Exempted
    Minimum Duration4.5 - 5 years3 years
    Eligibility to start ArticleshipAfter clearing Group I of IPCCImmediately on joining without clearing IPCC Group I
    Eligibility to appear for IPCCAfter 9 months of Study after CPTAfter 9 months of Articleship

    Duration of the Chartered Accountancy Course

    The duration of the CA course for someone entering after class 12th via the CPT route is 4.5 -5 years. The minimum period of the Chartered Accountancy course for someone joining after graduating via the Direct Entry Scheme is 3 years.

    Chartered Accountancy Skill Set

    One of the most challenging careers in business and finance is that of a Chartered Accountant. The competence of a company's CA is crucial to its financial stability since not only does he or she provide financial advice, but also looks out for and prevents fraud and other financial irregularities. A Chartered Accountant needs to have the following abilities to manage this extremely delicate business aspect:

    Objective and RationalCritical Thinking Ability
    NumeracyOrganizational and Time Management skills
    General business interest and awarenessIT proficiency
    Ethics and ProfessionalismEye for Detail
    Discipline, Diligence and hard workConceptual understanding
    Communication SkillsTeamwork
    Business AwarenessAnalytical Skills
    Analytical skillsManaging the tightrope walk
    Ability to Accept Failures-

    Courses After Chartered Accountancy (CA)

    When a candidate combines the knowledge gained through CA subjects with other advanced courses, they gain leverage over different roles in a firm and can add more value to the organization. After completing the Chartered Accountancy course if a candidate wants to pursue further studies then the advanced courses mentioned below will definitely help them in skyrocketing their career. Not only that, these advanced courses after CA will help candidates in upgrading their skills and expertise in a particular field, thus improving their chances of employability even further along with aiding them in getting a pretty impressive starting pay package in any firm.

    Candidates must check out the courses listed below which they can pursue upon successful completion of the CA course.

    Investment Banking

    Investment banking is a special type of banking that offers financial advising services and helps individuals and organizations raise money. They act as a go-between for security issuers and investors and support start-up businesses in becoming publicly traded. There are different types of courses available in India like Certificate, Diploma, Undergraduate, and Postgraduate courses in the field of investment banking. Candidates can pick any of these courses as per their interests, career goals, time, and resources. Investment bankers are almost always employed in big firms with pretty lucrative salaries because of their skills and expertise.

    Chartered Financial Analyst (CFA)

    The designation "Chartered Financial Analyst (CFA) charter" is offered to individuals who have successfully completed the CFA programme and met the necessary work experience requirements. The programme consists of a three-part exam that gauges candidates' knowledge of the basics of financial instruments, asset valuation, portfolio management, and wealth planning. 

    CFAs have excellent career prospects in India as well as abroad. They extensively encompass the whole financial sector. The Chartered Financial Analyst profession offers a wide range of job options as a professional qualification. For CFAs, India is regarded as the third-largest market.

    Bachelor of Law (LLB)

    A bachelor of law degree covers both 3-year and 5-year LLB programmes. Law graduates have a lot of opportunities to work for private companies all around the nation. They can decide to take on the role of legal counsel and assist the business in making legal decisions. For a successful career after receiving an LLB, one can additionally obtain an MBA if they are searching for a well paying position.

    Financial Risk Management (FRM): FRM, short for Financial Risk Manager, is the only course that thoroughly examines every facet of risk management. The Global Association of Risk Professionals, or GARP, offers the title of Financial Risk Manager. Without a doubt, the FRM designation in risk management is widely respected. It also aids in gaining crucial expertise and knowledge of risk management in particular fields. Financial Risk Managers have quite high starting salaries ranging between INR 7,00,000 and INR 10,00,000.

    MBA in Finance

    The management, control, and review of money collection, investment, and resource management are all topics covered in the finance stream of an MBA. All prestigious MBA programmes in India offer MBA Finance as a specialization or optional course in the second year of the degree programme. A solid foundation in accounting and mathematics is necessary for an MBA in finance. There are many intriguing employment job choices available after receiving an MBA in Finance.

    Certified Public Accountant

    The acronym CPA stands for Certified Public Accountants. The American Institute of Certified Public Accountants (AICPA) administers the tests for CPA certification . Aspirants must pass the Unified CPA Examination in order to obtain this widely recognised title. The title of Chartered Accountant (CA) is similar to CPA in India. The programme is well-known and regarded as the pinnacle of education in the financial and accounting industries. 

    While domestic certification may only let you work in one country, enrolling in a CPA programme makes you a global citizen and increases your chances of being offered job possibilities by international businesses. The demand for a CPA is constant throughout the year due to the rise of more and more businesses and startups. Not to forget, the remuneration for a CPA professional is quite high.

    Chartered Accountancy (CA) Scope in India

    Chartered Accountants or CAs have a variety of career opportunities, including starting their own business, working for private companies, and working for government organizations. For several reasons, including the requirement that every registered firm be required by the Company Act to employ a Chartered Accountant for handling various financial elements, there is also a great deal of security and opportunity for them in India. The types of positions available to Chartered Accountants in the private sector largely rely on the city and firm types. More career prospects in more complex and specialized skill sets are offered by large companies. The potential for growth of CAs also depends on keeping up with new and emerging technologies and practices.

    Also, there are many work opportunities and a broad range of CA related roles in India. They have a variety of possibilities because they are in high demand across all industries. The opportunities for Chartered Accountants are expanding along with the growth of the Indian economy. The improvement in the economy is adding challenges for CAs to upgrade their knowledge and skills in the specialized domains of activities, along with expanding career prospects for them. Here are some of the Chartered Accountants' specialized roles:

    • Company Liquidator
    • GST Expert
    • Corporate Financing
    • Auditor
    • Financial Reporting
    • Management & Corporate Consultancy
    • Tax Advisor
    • Management Accounting
    • Cost Accountant

    Chartered Accountancy (CA) Course Fees

    The CA course fee for the foundation, Intermediate, and final course levels is mentioned below:

    CA Foundation Course Fee

    Fee DetailsFee (in INR)Fee for Foreign Students (in USD)
    Prospectus Cost20020
    Foundation Registration Fee9000700
    Students’ Journal Subscription (for 1 year) -  Optional20020
    Members’ Journal Subscription (for 1 year) -  Optional40040
    Total Fee9800780

    CA Intermediate Course Fee

    Fee DetailsBoth Groups (in INR)Both Groups (in USD)Group I/ II (in INR)Group I/ II (in USD)
    Registration Fee15,000 11,000 
    Students’ Activities Fee2000 2000 (to be paid only once) 
    Registration Fee (as Articled Assistant)1000   
    Total Fee18,000100013,000600

    Note: In addition to the above fees, direct entry students must also pay INR 200 (about $20) for the prospectus.

    CA Final Course Fee

    Fee DetailsFor Indian Students (in INR)For Foreign Students (in USD)
    Final Registration Cost (without article)22,0001100

    CA Syllabus and Subjects 2023

    The three levels of the Chartered Accountancy course are called Foundation, Intermediate, and Final Level. The tables mentioned below detail the CA syllabus and subjects covered in each level's papers. Chartered Accountancy aspirants must be aware of the curriculum covered at each level of the course to plan their preparation strategy for each level's examination.

    CA Foundation Syllabus and Subjects 

    There are four papers in the CA Foundation course. To graduate from this level of the Chartered Accountancy programme, one must pass all four papers. The table below lists the syllabus and subjects covered in the four papers of the Chartered Accountancy Foundation course:

    PapersSubject NameMarks
    Paper 1Principles and Practices of Accounting100 Marks
    Paper 2

    Business Law & Business Correspondence and Reporting

    • Part I: Business Law [60 Marks]
    • Part II: Business Correspondence and Reporting [40 Marks]
    100 Marks
    Paper 3

    Business Law & Business Correspondence and Reporting

    • Part I: Business Law [60 Marks]
    • Part II: Business Correspondence and Reporting [40 Marks]
    100 Marks
    Paper 4

    Business Economics & Business and Commercial Knowledge

    • Part I: Business Economics [60 Marks]
    • Part II: Business and Commercial Knowledge [40 Marks]
    100 Marks

    CA Intermediate Syllabus and Subjects

    There are two groups in the CA Intermediate course, and each group has four papers. To graduate from this level of the Chartered Accountancy programme, one must pass all eight papers. The table below lists the subjects and syllabus covered in the eight papers of the Chartered Accountancy Intermediate course:

    PapersSubject NameMarks
    Paper 1Accounting100 Marks
    Paper 2

    Corporate and Other Laws

    • Part I: Company Law [60 Marks]
    • Part II: Other Laws [40 Marks]
    100 Marks
    Paper 3

    Cost Accounting and Financial Management

    • Part I: Cost Accounting [50 Marks]
    • Part II: Financial Management [50 Marks]
    100 Marks
    Paper 4

    Taxation -

    • Part I: Income Tax Law [50 Marks]
    • Part II: Indirect Tax Laws [50 Marks]
    100 Marks
    Paper 5Advanced Accounting100 Marks
    Paper 6Auditing and Assurance100 Marks
    Paper 7

    Enterprise Information System & Strategic Management

    • Part I: Enterprise Information System [50 Marks]
    • Part II: Strategic Management [50 Marks]
    100 Marks
    Paper 8Financial Management & Economics for Finance [Section A and Section B]100 Marks

    CA Final Syllabus and Subjects

    There are two groups and eight papers in the CA Final course. To graduate from this level of the Chartered Accountancy programme, one must pass all eight papers. The table below lists the subjects and syllabus covered in the eight papers of the Chartered Accountancy Final course:

    PapersSubject NameMarks
    Paper 1Financial Reporting100 Marks
    Paper 2Strategic Financial Management100 Marks
    Paper 3Advanced Auditing and Professional Ethics100 Marks
    Paper 4

    Corporate Laws and Economic Laws

    • Part I: Corporate Laws [70 Marks]
    • Part II: Economic Laws [30 Marks]
    100 Marks
    Paper 5Strategic Cost Management and Performance Evaluation100 Marks
    Paper 6 [Elective]
    • 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
    100 Marks
    Paper 7

    Direct Tax Laws and International Taxation

    • Part I: Direct Tax Laws [70 Marks]
    • Part II: International Taxation [30 Marks]
    100 Marks
    Paper 8

    Indirect Tax Laws

    • Part I: Goods and Services Tax [75 Marks]
    • Part II: Customs and FTP [25 Marks]
    100 Marks

    Chartered Accountancy (CA) Marking Scheme and Skill Assessment

    The CA course puts candidates' knowledge and skills to the test in order to determine whether they have what it takes to succeed as Chartered Accountants. The skill evaluations for the Chartered Accountancy course's three levels are listed below:

    CA Foundation Course: Marking Scheme

    Candidates are judged on their application and comprehension skills at the Foundation level. The scoring matrix for the ICAI CA Foundation exam is shown below:

    CA Foundation PapersLevel I: Comprehension & KnowledgeLevel II: Application Skills
    Principles and Practice of Accounting5%-20%80% - 95%
    Business Laws50% - 65%35% - 50%
    Business Correspondence and Reporting100%-
    Business Mathematics and Logical Reasoning & Statistics-100%
    Business Economics40% - 50%50% - 60%
    Business and Commercial Knowledge100%



    CA Intermediate Course: Marking Scheme

    Candidates are evaluated on their comprehension and application abilities in the Chartered Accountancy Intermediate course as well. The marking pattern for the ICAI CA Intermediate exam is shown below:

    CA Intermediate Papers

    Level I

    Comprehension & Knowledge

    Level II

    Analysis & Application

    Accounting5% - 15%85% - 95%
    Part I: Company Law40% - 55%45% - 60%
    Part II: Other Laws35% - 55%45% - 65%
    Cost and Management Accounting20% - 30%70% - 80%
    Income Tax laws5% - 20%80% - 95%
    Indirect Taxes20% - 45%55% - 80%
    Advanced Accounting5% - 15%85% - 95%
    Auditing and Assurance30% - 55%45% - 70%
    Enterprise Information Systems40% - 65%35% - 60%
    Strategic Management50% - 70%30% - 50%
    Financial Management20% - 30%70% - 80%
    Economics for Finance60% - 80%20% - 40%

    CA Final Course – Marking Scheme

    Candidates are evaluated on their comprehension, application, and evaluation skills in the Chartered Accountancy Final course. The scoring system for the ICAI CA Final Exam is provided below:

    CA Final Papers

    Level I

    Comprehension & Knowledge

    Level II

    Analysis & Application

    Level III

    Evaluation & Synthesis

    Financial Reporting5%-15%55%-85%15%-25%
    Strategic Financial Management10%-20%20%-40%50%-60%
    Advanced Auditing and Professional Ethics15%-25%40%-70%20%-30%

    Corporate & Economic Laws

    Part I: Corporate Law

    Part II: Economic Laws30%-50%50%-70%
    Strategic Cost Management and Performance Evaluation10%-15%45%-55%35%-40%

    Direct Tax Laws & International Taxation

    Part I: Direct Tax Laws

    Part II: International Taxation40%-50%50%-60%

    Indirect Tax Laws

    Part I: Goods and Services Tax







    Part II: Customs & FTP20%-40%40%-70%



    Best Recommended Chartered Accountancy (CA) Books

    We have made the job easy for you and have compiled a list of some of the best books for the CA preparation at all the three levels of the course listed below:

    Books for CA Foundation

    The following are a few of the top and most suggested books for the CA foundation:

    • Mercantile Law: Vivek Kuchhal and MC Kuchhal 
    • Fundamentals of Accounting by DG Sharma
    • Tulsian’s Business Law By Tulsian
    • Taxmann’s CA Foundation Principles and Practice of Accounting
    • CA CPT Fundamentals of Accounting by PC Tulsian and Bharat Tulsian
    • Taxmann’s Quicker for Business Mathematics, Statistics, and Logical Reasoning
    • CA Rajesh Jogani by Quantitative Aptitude Mathematics with Short Tricks
    • Grewal’s CA Foundation Accountancy by M. P Gupta

    Books for CA Intermediate

    The top books for CA Intermediate include the following:

    • Tulsian’s Accountancy for CA Intermediate (Group II) by  Bharat and PC Tulsian
    • CA Surbhi Bansal’s Auditing and Assurance for CA Intermediate
    • Padhuka's Students' Guide for Strategic Management and Enterprise Information Systems by B Saravana and Prasath Sekar
    • MP Vijay Kumar’s First lessons in Accounting Standards 
    • Munish Bhandari’s Handbook on Corporate and Other Laws - CA Inter
    • PC Tulsian’s Cost Accounting for CA Intermediate
    • G. Sekhar’s Handbook On Taxation
    • B. Saravana and Prasath G. Sekar’s Students Guide on Economics For Finance and Financial Management

    Books for CA Final

    The top recommended books for CA Final include the following:

    • Quick Revision Charts on Professional Ethics and Advanced Auditing
    • Padhuka’s Student Reference On Indirect Taxes - CA Final New and Old Syllabus by G Serkar and B Sarvana Prasath
    • GST Compact Book on Indirect Tax by CA Raj Kumar
    • Conceptual Learning - A Handbook on Indirect Tax Law by Yashwant Mangal for CS and CA Final level 
    • Padhuka’s Advanced Auditing Student Handbook: CA Final New Syllabus by Sekar and B Sarvana Prasath
    • Performance Evaluation and Strategic Cost Management - CA Final New Syllabus by B Saravana Prasath
    • Comprehensive Approach to Professional Ethics and Advanced Auditing by CA Vikas Oswal
    • Padhuka’s Ready Reference for Advanced Management Accounting by CA Prasath B Saravana

    CA vs MBA: Which is better?

    Together with practical skills in management, analysis, and business strategy, an MBA offers a wide range of job options in a number of business-related fields. Chartered accountancy, on the other hand, deals with specialization in all accounting and financial fields. A candidate may find it difficult to decide between an MBA and a CA if they have a particular interest in the finance sector. It can be difficult to decide between becoming a CA (Chartered Accountant) and an MBA (Master of Business Administration), especially if you're unsure of what you want to do for a living. So that you may make a more educated choice, we will compare and contrast the two degrees here.




    Course Name

    Chartered Accountancy or CA Course

    Master of Business Administration

    Conducting Body

    Institute of Chartered Accountants of India (ICAI)

    Not Applicable

    Entrance Exam Offered

    Common Proficiency Test

    Common Admission Test (CAT)

    Xavier Aptitude Test (XAT)

    Management Aptitude Test (MAT)

    Other Institute level tests/ exams

    Course Fees

    The total course fees for all the three levels of the CA course is around INR 50,000.

    Note: The course fee includes both groups of the CA Inter course level. 

    Total average course fees for an MBA course in India ranges between INR 2,00,00 - INR 15,00,000

    Course Duration

    For CPT route candidates, the CA course lasts 4.5 - 5 years and for Direct entry candidates CA course lasts 3 years.

    The MBA programme lasts for a total of 2 years.

    Course Type

    Certification course

    Postgraduate degree programme

    Focus Area

    The ICAI CA course focuses on imparting in-depth knowledge to students about Accounting, Economics, Finance, and Taxation, etc.

    MBA programme’s core focus is on corporate administration and management.


    It is an economical course. Compared to an MBA degree, the total cost of a CA certification is far lower.

    If you want to study it at a Top B-School like XLRI, IIMs, etc., it will be quite expensive. MBA degrees are generally very expensive in India as well as abroad.

    Pass Percentage

    Only 3 - 15% of candidates out of 100 are able to qualify all the Chartered Accountancy levels and receive a CA certification.

    Most of the candidates who get admitted to the course, pass each semester without much difficulties and are offered lucrative job opportunities, especially if they have passed from some reputed institutes in India.

    Career options

    CA career options have a narrower scope as compared to an MBA degree. A CA only has scope in finance, auditing, taxation, and accounting domain.

    MBA graduates have a wider job opportunities due to a broad spectrum of skills in business and management.

    Salary Offered

    CA are offered handsome salaries in India ranging from INR 5,00,000 to INR 20,00,000

    MBA graduates receive a starting average annual pay ranging from INR 4,00,000 - INR 7,00,000 in India.

    Practical Experience

    Articleship period of 3 years

    Mandatory internship of 3 - 6 months

    Difficulty Level

    Very Difficult

    Moderate to Difficult

    CA vs CS: Which is better?

    Chartered Accountancy and Company Secretary are two popular courses offered in the Commerce stream. After 12th Commerce, both CA and CS are often chosen courses, and their course material and professional job profiles are typically seen to be connected. The Chartered Accounting degree and the Company Secretary course, despite their apparent similarity, are two distinct programmes that concentrate on various aspects of an organization. These are also recognised as the most challenging exams in India.

    In terms of the course content, length, academic levels, available jobs, etc., both of these programmes differ greatly from one another. The table below lists the key points where CA and CS differ from one another.

    ParticularsCACompany Secretary (CS)
    Conducting BodyInstitute of Chartered Accountants of India (ICAI).Institute of Company Secretaries of India (ICSI).
    Who is it for?Applicants with a strong foundation in mathematics and logicApplicants who favor theory and the company laws

    CA course has 3 levels:




    Note: Aspirants may also follow the direct entry method.

    CS course also has 3 levels:




    Note: Exempted candidates may also take direct admission to the CS Executive course


    Course Duration4.5 - 5 years3 - 4 years
    Entrance ExamChartered Accountancy Common Proficiency TestCompany Secretary Executive Entrance Test
    Eligibility Criteria

    For CPT Route:

    • A candidate must have finished the four months of mandatory study time after enrolling as a CA and have passed the Class 12 exam in order to be qualified to take the Foundation exam.
    • The candidate must enroll with the Board of Studies and complete the four months of education which is mandatory.

    For CA Direct Entry Route:

    • A candidate must have finished the four months of mandatory study time after enrolling as a CA and have passed the Class 12 exam in order to be qualified to take the Foundation exam.
    • The candidate must enrol with the Board of Studies and complete the four months of education that are necessary.
    • Candidates who have completed the Commerce stream at any authorised university or open university with a cumulative grade point average of 55% are exempt from taking the CA Foundation exam.
    • Graduates and postgraduates in non-commerce subjects must have passed the exam given by any reputable university with a minimum cumulative grade point average (GPA) of 60% or its equivalent (including Open University).


    • In order to participate in the CS Executive programme, candidates who have completed class 12 are required to take the CSEET exam.
    • Applicants who have completed their undergraduate or graduate degrees in any discipline other than the fine arts are excluded from taking the CSEET exam and may instead apply directly for admission to the CS Executive programme. CA or CMA Final passed candidates are also exempt from taking the CSEET examination with an exemption fee.
    • Candidates for the CS Professional course must have passed the Executive level with a minimum of 40% in every subject and 50% overall.
    Job Profiles
    • Forensic Audit
    • Financial Analyst
    • Auditor
    • Chartered Accountant
    • Research Analyst
    • Investment Advisor
    • Credit Analyst


    • Corporate Policymaker
    • Principal Secretary
    • Company Registrar
    • Corporate Planner 
    • Chief Administrative Officer
    • Associate Company Secretary
    • Legal Advisor


    Average Annual SalaryRs. 5,00,000 - 20,00,000Rs. 3,00,000 - 15,00,000
    Employment OpportunitiesAccounting, Independent professional practice, Consultancy companies, Taxation, Auditing, Large organizations, Capital market services, Financial companies, Consultancy companies, Large organizations,  Chartered Accountant firms, etc.Public Relations, International Trade and WTO, Corporate Governance, Company Law Advisor,  etc. 
    Official Websitehttps://www.icai.org

    CA vs CMA: Which is better?

    Despite the fact that the CA and CMA curricula share a lot of similarities. The exam syllabuses for the CMA and the CA are quite dissimilar. The main areas of focus for the CA programme include accounting, law, audit, taxation, and finance. In contrast, the CMA course covers organizational management, corporate finance, internal controls, cost management, cost accounting, economics, and more.





    Entrance exam i.e CPT is mandatory for class 12th students to enroll in the CA Foundation programme.

    You can apply for the CMA programme if you have completed your class 12th from a recognized school board in India/ Undergraduate degree in any field other than the fine arts/ or you have passed the ICSI Foundation/ ICAI Inter exams.

    Course structure

    The CA course levels are as follows:

    • Foundation
    • Intermediate
    • Articleship Training
    • Final

    The CMA course structure is as follows:

    • Foundation
    • Intermediate
    • Final

    Course Fees

    The total CA course fees is around INR 50,000

    The overall CMA course fees comes around INR 54,100 for all the three levels of the course.


    CA course duration through CPT route is 4.5 - 5 years and after graduation it is 3 years. 

    The CMA course duration is for a period of  3 years

    Salary Offered

    A Chartered Accountant may earn an average salary of approximately 6 - 7 lakhs right after course completion. A rank holder's salary may exceed INR 25, 00,000 per annum

    The typical compensation for a CMA ranges from Rs. 5 - 7 lakhs and rises over time with skills and experience.

    Careers prospects

    CA job opportunities include the following:

    • Statutory auditor
    • Tax Advisor
    • Finance Manager
    • Business Consultant
    • Finance Controller, etc.

    CMA job profiles include the following:

    • Financial Analyst
    • Senior Accountant
    • Financial Risk Manager
    • Corporate Controller
    • Cost Accountant
    • Management Accountant

    Market Demand

    Chartered Accountants can be employed by both individuals and businesses. The market has a very strong need for CAs.

    Only big businesses must employ CMAs. They therefore have relatively little demand.

    CA vs ACCA: Which is better?

    The Association of Certified Chartered Accountants is known by the initials ACCA. The candidates mostly deal with the rules and regulations that apply to a corporation and how those rules and regulations are put into practise. They also combine with the Auditing and Taxes component. The Institute of Chartered Accountants of India awards the CA degree in India. At the level of Gazette Officer, CA collaborates with both the government and a private company. For Accounts and Finance professionals who are passionate about a career in Accounting, Taxes, Auditing, and Finance, both CA and ACCA are highly qualified finance programmes.

    Let’s take a comparative look at both of these courses to clear your confusions and help you in making an informed decision if you are someone who is ruminating on choosing between the two courses for your professional career path.




    About the CourseThe full name of ACCA, which is accredited by the Association of Chartered Accountants, is Association of Certified Chartered Accountants. Applicants who complete the course successfully are qualified for positions in auditing, taxation, management accounting, handling accounts, etc., for both public companies and private organizations.The abbreviation CA stands for Chartered Accountant, a profession that focuses on financial accounting and finance while serving all financial disciplines. The Institute of Chartered Accountants of India bestows the degree. Candidates are given access to numerous disciplines in accounting and finance after completing the exam.
    Nature of JobThe main task is to audit taxation and accounting for the general public, private entities, etc. Before being inspected by public and private bodies, candidates had to pass the exam and obtain the certifications. In addition to taxation and auditing, ACCA is capable of working internationally in any area of finance, including finance controlling, accounting, and financial analysis. International Accounting Standards are dealt with by ACCAs.Chartered Accountants generally work in private companies and government organizations in a variety of finance positions. With the aid of their own registration number, they are able to operate for their own business. Since the Indian Institute of Chartered Accountants awards the degree, the certificates are primarily recognised throughout India. Outside of India, the Degree is not recognised. They mostly deal with GAAP and IAS as accounting standards.
    Time DurationThe ACCA programme lasts three years for students who have finished their 12th grade, 2 - 2.5 years for Commerce graduates, two years for IPCC groups, and one year for BCom and CA graduates.The CA course lasts 4.5 - 5 years for 12th passed students and 3 years for graduation/ post graduation/ CMA or CS Intermediate/ Executive level passed candidates.
    Duties and ResponsibilitiesChartered Certified Accountants largely work on the Auditing and Taxes portion, which combines with the rules and regulations and policy implementations within a corporation.CA collaborates with both the government and a commercial company as a Gazetted Officer. The ICAI grants the power of attorney to CAs.
    Certification AvailabilityCandidates must complete all the 3 levels of the course along with the mandatory work experience of at least 3 years in a finance or accounting related role(s).Applicants must complete all the 3 levels of the course along with a mandatory articleship training of 3 years after the completion of CA Intermediate course level (either Group I or both Group I and II).
    Eligibility Criteria 

    The following are the eligibility criteria for the ACCA course:

    • Students must be at least 18 years old.
    • For students to be eligible for an ACCA course, they must at least completed their class 12th from a recognized school board.
    • Students must have received at least 65% aggregate marks in Accounts/ Mathematics and English and 50% aggregate marks in all other subjects.

    The CA eligibility criteria is as follows:

    For CPT Route

    • Candidates must have completed their class 12th from a recognized school or equivalent exam recognized by the Central Government of India.
    • Candidates must complete 4 months of study period after registering with the Board of Studies.

    For Direct Entry Route

    • Candidates for this admission route must have completed their undergraduate or graduate studies in the Commerce stream and have a minimum cumulative GPA of 55% (or an equivalent score).
    • Graduates and postgraduates in subjects other than commerce must have received an overall score of at least 60 percent, or its equivalent, on the examination conducted by any accredited university (including Open University).
    •  Direct entry is also available to those who have successfully completed the Executive or Intermediate levels of the Institute of Cost and Work Accountants of India (ICWAI) or the Institute of Company Secretaries of India (ICSI).
    Job Profiles 
    • Transaction Advisor
    • Accounting Advisor 
    • Treasury
    • Auditor
    • Corporate finance expert
    • Business Analyst, etc.
    • Internal Auditor
    • Statutory Auditor
    • Investment Manager
    • Finance Controller
    • Management Consultant, etc.
    RecognitionACCA qualification is globally recognized in more than 180 countries like Canada, Singapore, UK, UAE, etc.ICAI CA qualification is only recognized in India, Singapore, Qatar, Saudi, and UAE.


    CA Career Options and Job Prospects

    Chartered Accountants act as business advisors in high-level strategic decisions such as increasing market share for clients or employers and improving profit margins. Aside from that, many CAs start their businesses and become highly successful entrepreneurs.

    Below is a list of top industries for Chartered Accountants:

    • Audit and Taxation
    • Tax Advisory Firms
    • Cost Accountant
    • Insurance Sector
    • Corporate Houses (includes planning and budget team)
    • Law Firms
    • Project Finance or Financial Advisory
    • Banking and Financial Services (Government and Private)
    • Investment Banking Firms
    • Chartered Accountant Firms
    • Outsourcing
    • Academics

    Also Read: Career as Chartered Accountant

    Chartered Accountancy (CA) Salary in India

    The following table provides the average annual salary of a CA in India based on various job profiles.

    Job ProfileAverage Annual Salary (INR)
    Auditor4 - 10 LPA
    Finance Officer5 - 10 LPA
    Accountant4 - 8 LPA
    Finance Controller6 - 20 LPA
    Accounting Manager5 - 9 LPA
    Finance Manager4.5 - 10 LPA

    Chartered Accountancy (CA) Top Recruiters

    Many CAs practice independently, while a majority of them also join reputable business organizations after completing the course. Mentioned below are some of the top organizations hiring chartered accountants.

    Hindustan Unilever LtdDeloitte
    Reliance IndustriesKPMG
    ITCTata Company
    Aditya Birla Sun LifeICICI Bank
    Bharti AirtelSBI Bank
    Kotak  Mahindra Ernst And Young
    Deloitte Grant Thornton

    FAQs about CA

    What does a Chartered Accountant (CA) do?

    Chartered accountants are professionals who work in a range of economic sectors, managing the finances of a business, offering financial counsel, and assisting with money management. A chartered accountant’s services are not just limited to a firm, it could also include persons and the government.

    What is the ICAI new scheme 2023?

    The ICAI new scheme 2023 has introduced changes in the number of papers available at each level of the CA course and the duration of the Articleship is also altered. The CA new course will come into effect from May 2024. As per the new scheme, there will be 4 papers in the Foundation level, 6 papers (3 in each group) in the Intermediate and Final level of the course. The articles will now be able to complete the articleship in only 2 years. 

    The CA New Scheme 2023 states that in order to be eligible to start the articleship training, students must successfully complete both the ICITSS training and the CA Intermediate group exams. The student will benefit from the adjustment because it allows them to totally focus on their practical training without having to worry about exam preparation.

    Is there any CA course online?

    Yes, interested candidates may join CA course online classes provided by various institutions across India. The CA online sessions cover each and every topic that is mandated by the ICAI approved syllabus. All the lessons, lectures, tips, training, tutorials, etc. are provided to students who sign up for CA online classes on an encrypted pen drive or google drive. The facility of online live lectures is also provided by quite a few training institutes in the country.

    What will be the CA scope by 2025?

    Every company or organization that registers under the Companies Act has a CA appointed who oversees Financial Reporting, Tax Consulting, Accounting Services, Auditing & Assurance, and Accountants & Finance Outsourcing. For a CA, there are many job options both in the present and in future. CAs play a pivotal role in maintaining the financial balance of any firm and there are even more startups that will go large in the near future requiring CAs to handle the finances, therefore, future growth projections indicate that by 2025, demand for Chartered Accountants (CAs) will increase manifolds.

    What are the passing marks for all the CA levels?

    To pass each level of the CA, students must receive at least 40% on each paper and more than 50% in each group of the CA course levels.

    Show More

    Related Questions

    How can I do CA after 12th plzz explain.
    -Shivam -Updated on Dec-19-20223 Answers

    Navneet, Student / Alumni

    For doing CA, the candidate should have graduation or post-graduation in Commerce. B.Com is a 3-year undergraduate course offered in various B.Com. The Bachelor of Commerce course has been designed to train and qualify the students on the different aspects of commerce, finance and banking. Along with focusing on subjects such as Accounting, Commerce, Economics, Finance, B.Com students will also explore subjects in Marketing, Human Resources and much more. Commerce colleges across India offer B.Com in two different degrees, i.e. (Hons) and B.Com or also known as B.Com General or B.Com Pass. The following for either of the degrees are equally high, however, for B.Com (Hons) students must have cleared Mathematics as a compulsory subject in the qualifying exam. There are many universities that offer M.Com degree, being alumni of LPU, M.Com is available in LPU as well .Let me share the course highlights for it. in LPU is Accredited by ACBSP (USA). Industry certifications, MOOCs, Hackathons / Co-curricular Competitive events, Workshops, Guest lectures, Educational Trips, Live projects, Incubation projects, Community projects, projects with NGOs etc. are an integral part of curriculum. Student may be given an option to go for 4 weeks study tour to USA/ European countries or any other country as decided by the University subject to conditions.
    Is ACCA course is available?
    -Damnpreet -Updated on June-10-20221 Answers

    Jayita Ekka, CollegeDekho Expert

    Dear student,

    ACCA stands for ASSOCIATION OF CHARTERED CERTIFIED ACCOUNTANTS in India. ACCA is a professional body for this qualification. It has members and students across the world in 170 countries. It works in the interest of the public, and its members have regulated appropriately.

    Pursuing a Chartered Accountancy course and ACCA is similar. If you want to go abroad, then ACCA course is better. However, if you plan to stay in India, we advise you to pursue CA. You may choose from the many Accountancy colleges in India

    Know about career opportunities as a Chartered Accountant

    If you want to discuss further, you may call our IVR - 18005729877

    Good luck!

    Can I study CA course here
    -Harianantham -Updated on June-05-20221 Answers

    Diksha Nautiyal, Student / Alumni

    Dear Student

    IIKM Business School (IIKM) offers courses under MBA, BBA, B.Com and BBA+MBA degrees. The college does not offer a CA programme. Check the full list of courses offered at IIKM Business School here

    To get a list of top CA colleges in India, Click Here.

    To know all about the CA programme, Click Here.

    For admissions-related help, please fill our Common Application Form (CAF) or call our toll-free student helpline number 1800-572-9877.

    Thank you.

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