The document outlines the Chartered Accountant (CA) course in India, including eligibility, exam structure, and preparation requirements. It details the three-year program, internship mandates, and potential career paths post-qualification, highlighting the necessity of CA certification for legal auditing and tax purposes. Also included are alternative certifications and their relevance for international practice.

1. Program: THE ONE STEP UP CAREER PROGRAM
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CA stands for Chartered Accountant
It is a Professional Course usually
pursued after 12th Class along with
graduation
A CA is an expert in auditing financial
statements & businesses, taxation and
offer advisory services to clients
Certifying Account Books by a CA and
filing tax returns is compulsory by
Law, which makes a CA indispensible

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In India, the CA course can only be pursued
through the Institute of Chartered
Accountants of India (ICAI). They have many
branches all over the country.
CA can also be pursued through the Certified
Public Accountant (CPA) course from the US.
This can be pursued from India by taking
these exams in India. The course material,
however, will not be specific to India. IFRS
certification will help you in your work.

4. Eligibility
•Appearing for
Class 12 usually
from commerce
stream but can be
done from any
stream
•Graduates from
other streams can
also pursue
Entrance
Exam
•3 Papers:
A foundation or
entrance Exam
needs to be
cleared
•Min 40% marks in
each paper
•Min 50% overall
•Exams are held
twice a year
Test
Contents
•Theory questions
•Covers subjects
like Accounting,
Law, Math,
Statistics,
Economics
Preparation
Required
•10 months of
preparation time
•Preparation to
start after Class 11
•Course material
given by the
institute
•Many also join
coaching centers
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√
√
√
Science
Commerce
Arts

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S o u r c e :
w w w . I C A I . o r g

6. Duration
•3 years 9 months
•Internship after
passing at least Group I
of IPCC [4 papers].
Group II [3 papers]
•Final exam after 3
years 3 months [In last 6
months of articleship]
•Both inter & final
exams held twice a year
Subjects Covered -
CPT
•Common Proficiency
Test (CPT):
•Paper 1 - Accounting,
Auditing, Law,
Economics, Quantitative
Aptitude
•Integrated Professional
Competence Course
(IPCC) – 6 subjects, 7
papers Cost
Accounting, Financial
Management, Business
& Company Law,
Taxation, IT
•100 hrs of IT training
Subjects Covered -
Final
•Final -
•Group 1 [4papers]-
Advanced Accounting,
Mgmt Accounting,
Advanced Auditing,
Law
•Group 2 [4 papers] -
Cost Mgmt, MIS and
Control Systems,
Direct Taxes, Indirect
Taxes
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7. Preparation
•Course modules are
given by the institute
for self study
•Students generally join
coaching centers
•Approx 1% of the
students clear both
their inter and finals in
their first attempt
Internship
•Internship with a CA
firm is mandatory for 3
years
•This can span multiple
CA firms in that period
•Given a monthly
stipend (not very high!)
•Work on live auditing
and taxation
assignments
Placements
•At the end of the
course, you need to
take membership with
the ICAI
•Campus interviews are
held in some centers
for fresh CAs
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8. • Get 55% marks in graduation
• Enrol directly for IPCC
Commerce
Graduate or Post
Graduate
• Get 60% marks in graduation
• Enrol directly for IPCC
Other
Graduates/Post-
Graduates
• Enrol directly for IPCCICSI & ICWAI
intermediate level
passed
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Institute of Company Secretaries of India (ICSI)
and Institute of Cost Accountants of India (ICWAI)

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 International Financial Reporting
Standards or IFRS is a Standard
Accounting Practice
 Starting April 1, 2011, India has
made it mandatory for every
listed company to adopt Indian
Accounting Standards(IND ASs)
 The certification is a good to
have
 You need to be a CA to take this
certification
Practice
accounting
Apply
online
Pay 200
pounds
Study three
months
Clear exam
More info? Go to….www.accaglobal.com, www.IASB.org

10.  Chartered Financial Analyst (CFA ) - assesses values and
identifies risks
◦ ICFAI (India)
◦ CFA Institute (Abroad)
 Institute of Cost & Works Accountant (ICWA)
 Company Secretary (CS) - ensures conformity with legislative and
regulatory requirements and communicates with shareholders. Handles
matters related to sales tax, excise, labour and corporate law
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Accounting
Firms
Finance
Department
Own
Practice
Any Corporate
One can also start their
practice

12. The Not So Good The Good
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13. Good with money
matters
Good with numbers
Reading business
section of
newspapers
Enjoy academics
Good
communication
skills
Eye for detail
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14. Course Fee Average Salaries
CPT
Intermediate
+ IT Training
Finals
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Total Course Fee Rs.47,000
excluding coaching center fee
Entry Level
Middle
Management
Level
Senior
Level
Overall, it is an rewarding
profession in the long run
Average
to Good
Good
Good
Rs 6,500
Rs
10,600+
Rs 4000
Rs.12,250
Budget about Rs 13,000 more for
course, training and articleship
registration

15. CA
Pursue
MBA
BPO
Operations
Turn
Entrepreneur
Teaching
Assignments
with Coaching
Classes
Stock
Markets
Consulting
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16.  If I have done CA in India, can I practice
abroad?
 You can if you take the final exam for CPA in
USA and final exam ACCA for the Association
of Chartered Certified Accountants in UK
 If I have done CPA in the US, can I practice in
India?
 You can by writing the CA final exams in India
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 www.icai.org
 www.cainindia.org
 www.icfai.org
 www.cfainstitute.org
 www.onestepup.in