About CHARTERED ACCOUNTANCY :-
CA stands for Chartered Accountant. This course is conducted by The Institute of Chartered Accountants of India, the professional accountancy body of the country, established 1949, under the Chartered Accountants,1949, enacted by the Parliament to regulate the profession of Chartered Accountancy in India. The Institute has its head quartered at New Delhi and regional branches in all parts of the country.
Enrollment in CA is open after passing matriculation itself (Xth) but can appear for CA foundation (CPT) after appearing class XIIth.
After the recent changes, now it is only 4years (approx.) from the clearance of Chartered Accountancy. CA entrance known as CA – CPT examination.
Different Stages during CA :-
There are three stages to clear the exam:
Stage I : Appear & clear the CA entrance exam - CA CPT (common proficiency test)
Stage II : Join Integrated Professional Competence course (IPCC) and clear either Group I or both groups. After clearing group I after study of 9 months, joining 100 hours compulsory computer training & 35 hours personality development training, you can start article training for three years. During this phase clear your Group II if pending
Stage III : During last six months of training appear in CA final & become a CA after clearing exams & few other formalities including General Management & communication skills course 15 days course only.
Passing Criteria for various Stages:-
50% marks are required to clear exams at any stage of CA examination. At PCC & final stage minimum 40% is required in each paper & overall 50%.
Can graduation be done along with CA ?
Only one course can be done along with CA. So definitely graduation can legally done along with CA. Permission regarding this is to be taken from CA institute through filing form no. 112.
Can any other professional course like CS, ICWA etc. be pursue along with CA?
As only one course can be done along with CA, so practically all these cannot be done.