The document summarizes the path to becoming a Chartered Accountant in India. It involves passing the Common Proficiency Test (CPT), the Integrated Professional Competence Course (IPCC) with two groups of subjects, and then the Final exam with two groups. Students must also complete 3 years of apprenticeship training and 100 hours of IT training. The Institute of Chartered Accountants of India (ICAI) regulates the profession and has its headquarters in New Delhi along with 5 regional offices in major cities. Chartered Accountants work in fields like audit, taxation, finance, banking, outsourcing, academics, and the corporate sector.

3. Chartered
Accountancy
Accounting, auditing and taxation are the
core areas dealt with by chartered
accountants.
They are also capable of expert level
services in the areas of General
Management, Personnel Management,
Financial Management, Operations
Management, HR Management

4. STAGES
Stages in CA
Common
Proficiency
Test
Integrated Professional
Competence Course
(IPCC)
Final
4 subjects-
2 papers 9 subjects
4 papers- group I
3 papers- group II
Article ship +
ITT
Apprenticeship
Under a practicing
CA for 3 years
+
100 hours of
IT training
8 subjects
4 papers- group I
4 papers- group II
General
Management
Course
Compulsory
GMC course
During/ after
Finals
• Academic Qualification-
10+2 or equivalent as
recognized by ICAI

5. Common Proficiency Test
(CPT)
• Pass Marks- To pass/qualify at the examination a
student has to obtain a minimum of 50% marks
in all the papers together.
• Re attempting- Failing to get the pass mark
requires the student to reappear in all the papers
again.
• No Exemptions- There are no provisions for
exemptions, even in conditions where the
student has obtained high marks.
 CPT duration is minimum 2 months.
 Each session is of 2 hours.

6. Subjects
Session IISession I
Mercantile Laws
(40 Marks)
Fundamentals
Of Accounting
(60 Marks)
Quantitative
Aptitude
(50 Marks)
General
Economics
(50 Marks)

7. Integrated Professional
Competence Course (IPCC)
• Pass Marks- Minimum of 40% in each paper and
an aggregate of 50% in all the papers of both the
groups together if attempting both the groups or
all the papers of a single group, A student has to
get through both the groups either at once or
separately to be eligible to go for the next level
i.e. Final.
• Exemptions- In cases where the student has
obtained 60% and above in one or more papers
that paper will be exempted although he was
failed in that group.

8. Subjects in IPCC
Group IIGroup I
Law, Ethics
and
Communication
Advanced
Accounting
(100 Marks)
IT and Strategic
Development
Auditing and
Assurance
(100 Marks)
Information
Technology
(50 Marks)
Strategic
Management
(50 Marks)
Business
Communications
(20 Marks)
Business Ethics
(20 Marks)
Law
(60 marks)
Cost Accounting
And Financial
Management
Cost Accounting
(50 Marks)
Financial
Management
(50 Marks)
Taxation
VAT
(25 Marks)
Service Tax
(25 Marks)
Income Tax
(50 Marks)

9. Subjects in
Finals
Group I Group II
Corporate &
Allied Laws
Company
Law
(70 Marks)
Strategic
Financial
Management
(100 Marks)
Financial
Reporting
(100 Marks)
Allied Laws
(30 Marks)
Advanced
Auditing and
Professional
Ethics
(100 Marks)
Advanced
Management
Accounting
(100 Marks)
Information
Systems
Control &
Audit
(100 Marks)
Direct Tax
Laws
(100 Marks)
Indirect
Tax
Laws
Central
Excise
(40 Marks)
Service Tax
And VAT
(40 Marks)
Customs
(20 Marks)

10.  The Institute of Chartered Accountants of India
(ICAI) is a statutory body established under the
Chartered Accountants Act, 1949 (Act No. XXXVIII
of 1949) for the regulation of the profession of
Chartered Accountants in India.
 ICAI now is the second largest accounting body
in the whole world
 The institute has its headquarters in New Delhi.
Continue……

11. 1. Five regional offices at
 Mumbai,
 Chennai,
 Calcutta,
 Kanpur and
 New Delhi
with branch offices located in
almost all major cities and towns of India.

12.  Audit and Taxation
 Project Finance/ Financial Advisory/
Mergers & Acquisitions
 Investment Banking
 Banking and Financial Services
 Outsourcing
 Academics
 Corporate Sector
 Recession

16. By Achyut Awasthi