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What Is CA? How to Start Your CA Journey.
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What Is CA?
A Chartered Accountant (CA) is a highly qualified accounting professional recognized for their expertise in financial management, auditing, taxation, and business advisory services. Chartered Accountants play an important role in ensuring the accuracy and Justice of financial reporting, helping businesses make informed decisions. They are certified through hard examinations and practical experience, typically under the guidance of professional accounting bodies like ICAI (Institute of Chartered Accountants of India). it is known for its higher education and professional ethics. If you want to know more specific focus check out this link.https://cavijenderaggarwal.com/what-is-icai-courses-offered-by-icai/ here are two entry routes to the CA course on how do you start your CA journey.
– Foundation Course
– Direct Entry
Route-1 Foundation Course
This is an entry to the CA Course the candidates who completed their Class XII examinations are now eligible to enroll in the CA Course.
A student who has passed Class X can register with the Institute’s Board of Studies (BoS) for the Foundation Course.
Steps under the foundation route scheme and how do you start your CA Journey are as under :
– Register for the foundation course and complete 4 months of theoretical education for the Foundation Course.
– Apply to appear in the Foundation Examination by filling up the prescribed exam form released by the Examination Section/Department.
– Appearing in the class XII Examination before appearing in the Foundation Exam.
– Qualify Foundation Examination.
– Qualifying class XII Examination and Foundation Exam before registering for Intermediate Exam.
– Complete 8 months of theoretical education for the Intermediate Course.
– Apply to the Intermediate Examination by filling out the prescribed Exam Form.
– Appear and pass both groups of the Intermediate Examination.
– Complete the Integrated Course on Information Technology and Soft Skills (ICITSS) before starting your Practical Training.
– Register for the Final Course after qualifying for both Groups of the Intermediate Examination.
– Enroll in the two-year Practical Training program after successfully passing both groups of the Intermediate Examination and completing the ICITSS.
– Complete the four Self-Paced Online Modules and qualify for the online assessment.
– Complete Practical Training.
– Undergo and Qualify Advanced ICITSS after completion of Practical Training but before appearing in the Final Examination.
– Apply to appear in the final examination by filling out the prescribed Exam Form.
– Candidates can appear for the Final Examination six months after completing their Practical Training period.
– Qualify both groups for the Final Examination.
– Become a Member.
NOTE: How do you start your CA journey? Most of the Students can obtain the BAA Certificate after successfully passing both groups of the Intermediate examination, completing two years of Practical Training, finishing the Advanced ICITSS, and passing the self-paced online modules. This can be done by paying the required fee.
Route-2 Direct Entry
The ICAI permits the following candidates to directly enroll in its Intermediate Course and if you want to know more about the specific check out this link https://cavijenderaggarwal.com/ca-inter-taxation/
How do you start your CA journey? Commerce Graduates/Post-Graduates (with minimum 55% marks) or Other Graduates/Post-Graduates (with minimum 60% marks) and Intermediate level passed candidates of the Institute of Company Secretaries of India and Institute of Cost Accountants of India.
Candidates who are Graduates or Post-Graduates in Commerce, who have secured at least 55% aggregate marks (or equivalent grade) from any recognized university (including open universities), and have studied a minimum of three subjects with at least 50 marks per semester/year and a total of 100 or more marks. What is CA and their subjects like Accounting, Auditing, Mercantile Laws, Corporate Laws, Economics, Management (including Financial Management), Taxation (both Direct and Indirect Tax Laws), Costing, Business Administration, or Management Accounting (or similar subjects with different titles), are eligible for exemption from the Foundation Exam. Additionally, how do you start your CA journey? Candidates from Commerce streams with a minimum of 60% aggregate marks, as well as those who have passed the Intermediate level examinations conducted by the Institute of Cost Accountants of India or the Institute of Company Secretaries of India, can also directly register for the Intermediate Course without needing to qualify the Foundation exam.
Candidates currently in their Final Year of Graduation or Post-Graduation are eligible for provisional registration in the Intermediate Course. However, this registration will only be confirmed upon submission of satisfactory proof that they have passed their Graduation/Post-Graduation exam with the required minimum marks, as outlined above, before applying for the Intermediate Examination.
If a candidate fails to secure the required minimum marks before applying for the Intermediate Examination, their provisional registration will be canceled. No credit will be given for any theoretical education completed, so how do you start your CA journey? However, upon receiving a request from the candidate, the Council may allow a refund of the registration and tuition fees, as per its policies at the time.
Eligible Graduates/Post-Graduates/Intermediate level qualified candidates from the Institute of Company Secretaries of India/Intermediate level qualified candidates from the Institute of Cost Accountants of India have to register through the Direct Entry Scheme.
Steps for the Direct Entry Scheme and how do you start your CA journey are as follow:
– Enroll with the BoS for the Intermediate Course, with provisional registration available for final-year graduates and postgraduates.
– Complete 8 months of theoretical education for the Intermediate Course.
– Apply to the intermediate examination by filling out the prescribed exam form.
– Appear and pass the both Group of Intermediate Examination.
– complete the Integrated Course on Information Technology and Soft Skills (ICITSS) before starting your Practical Training
– Register for the Final Course after qualifying for both Groups of the Intermediate Examination.
– Enroll in the two-year Practical Training program after successfully passing both groups of the Intermediate Examination and completing the ICITSS.
– Complete the four Self-paced Online Modules and qualify for the online assessment.
– Complete Practical Training.
– Undergo and Qualify Advanced ICITSS after completing Practical Training but before appearing in the Final Examination.
– Apply to appear in the final examination by filling out the prescribed exam form.
– Candidates can appear for the Final Examination six months after completing their Practical Training period.
– Qualify both groups for the Final Examination.
– Become a Member
NOTE: How do you start your CA journey? Most of the Students can obtain the BAA Certificate after successfully passing both groups of the Intermediate examination, completing two years of Practical Training, finishing the Advanced ICITSS, and passing the self-paced online modules. This can be done by paying the required fee.
Papers Chart
Papers At CA -Foundation Level
Group 1.
Paper 1 Accounting (100 Marks)
Paper 2 Business Laws (100 Marks)
Paper 3 Quantitative Aptitude (100 Marks)
– Business Mathematics
– Logical Reasoning
– Statistics
Paper 4 Business Economics (100 Marks)
Papers At CA- Intermediate Level
Group 1.
Paper 1 Advanced Accounting (100 Marks)
Paper 2 Corporate and other Laws (100 Marks)
Paper 3 Taxation
Section A – Income-Tax Law (50 Marks)
Section B – Indirect Taxes (50 Marks)
Group 2.
Paper 4 Cost and Management Accounting (100 Marks)
Paper 5 Auditing and Ethics (100 Marks)
Paper 6A Financial Accounting (50 Marks)
Paper 6B Strategic Management (50 Marks)
Self- Paced Online Modules
SET A Corporate and Economic Laws (100 Marks)
[ Compulsory]
SET B Strategic Cost and Performance (100 Marks)
Management [Compulsory]
SET C Elective (100 Marks)
(Choose one module)
– Risk Management
– Sustainable Development and Sustainability Reporting
– Public Finance and Government Accounting
– The Insolvency and Bankruptcy Code, 2016
– International Taxation
– The Arbitration and Conciliation Act, 1996
– Forensic Accounting
– Valuation
– Financial Services and Capital Markets
– Forex and Treasury Management
SET D To support the inherent qualities of CA students and integrate the multidisciplinary approach outlined in NEP 2020, select one module from where you start your CA journey. (100 Marks)
- The Constitution of India & Art of Advocacy
- Psychology & Philosophy
- Entrepreneurship & Start-Up Ecosystem
- Digital Ecosystem and Controls
Papers At CA-Final Level
Group 1.