How To Become A Chartered Accountant? – Complete Procedure by CA in India
Chartered Accountancy has been one of the frequently chosen career options in India. This profession is hard to achieve but once if you manage to do so, it will offer a great success line that includes high Salary Packages, Big MNC’s, and respect among the people. One of the reasons why people respect CA’s is not because of the designation or salary, it is mainly because of its difficulty level, seriously it’s hard to achieve.
VSI Jaipur is one of the best CA Coaching in India which makes the Chartered Accountant Course not only easy but also very interesting to achieve. VSI is known for breaking historical records by giving the 1st AIR’s every year and more than 50% of the students clear the levels. You can see the magical rewarding achievement of VSI Jaipur. Students who wish to join the Best CA Coaching in India can enroll for CA Online Classes at VSI Jaipur.
What is Chartered Accountancy?
Chartered Accountancy or CA is a profession that involves the management of finance for a particular entity. This includes having a check on financial accounts, managing budgeting, business strategy, auditing, taxations, and complete banking.
The only difference between the two professions- Accountant and a Chartered Accountant is that the latter has gone through an in-depth training of CA Course and has passed repeated CA exams in various levels of accounting to earn the tag of a Chartered Accountant.
Update: Chartered Accountant Course 2021
The below tabular snapshot will let you know the validity, eligibility, and registration fees, examination month of all the levels including the subjects of CA Course 2021.
|Subjects||CA Foundation Course 2021||CA Intermediate Course 2021||CA Final
|Last date Month of registration||Update Soon||Update Soon||Update Soon|
|Examination held||May and November||May and November||May and November|
|Validity of registration||3 year||4 year||Five year|
|CA Registration Fees||11300||Rs27200/23200rs||Rs 32300|
|Eligibility||12th Passout can apply for CA Foundation||Cleared Foundation, or Graduate, or PG||cleared Intermediate Exams and 3-year practical training|
How Many Stages of CA is to be Cleared?
There are mainly 4 stages, one has to clear according to the 2017 updated CA Course.
- CA Foundation Course
- CA Intermediate Course
- CA Articlehship
- CA Final Course
This article provides you a detailed answer to How To Become A Chartered Accountant? Follow the basic step and detailed procedure of clearing CA.
Procedure To How To Become A Chartered Accountant
To become CA in India, you have to follow 4 basic steps and the very first step is CA Foundation Course Exams.
Step:1 Register For CA Foundation Course
Eligibility: You need to clear the 12th Boards from any stream (Science, Commerce, Arts) with a minimum score of 33% percentage.
Registration for Foundation: For the registration of CA Foundation, you need to fill up the basic details online at ICAI’s official website and attaining a registration number, user ID, and password.
Validity: The validation for registration for CA Foundation Exams is for 3 Years. This means students after clearing 12th Boards have 6 attempts which can be exercised during the validation period.
Step:2 Register for CA Intermediate Course
Eligibility: You need to clear CA Foundation Exams by at least 50% aggregate marks. Just after the result, you can register yourself for the CA Intermediate Exams.
Registration and Exams: You need to register for CA Intermediate which is held in the month of March and September for the respective exams of March and November.
Validity: The validity of registration for CA Intermediate is for 4 Years. That means students after clearing CA Foundation have 8 attempts which can be exercised during the validation.
Exam Pattern: CA Intermediate Course has 2 groups. Where 1st Group has 4 subjects with 100 marks each and same as the Group 2 with 4 subjects which carry 100 each.
Step:3 Applying for Articleship And Register for Final
After clearing your CA Intermediate Exams, you are on the way to appear for the CA Finals, but before that, you need to apply for articleship for 3 years.
Articleship: Students can register for Articleship after clearing the CA Intermediate any group exams. This way you can commence the practical training after clearing both the groups of CA Intermediate Exams. This articleship is of 3 years which is a practical mandatory training into the Chartered Accountant Field and aspirants do receive a stipend during their Articleship.
After completing your 6 months training, students can register for CA Final Exams and appear for them by filling the main CA Final Exam Forms aka application form online.
CA Final Registration: There is no last date for registering for the CA Final Exams but make sure to register at least before 2 months prior.
Validity: Final Exams held in the month of May and November 2021. Validity for CA Finals registration would b for 5 years means, you simply have 10 attempts to do.
“You have become a CA now”
Surely, you must have got the answer to “How To Become A Chartered Accountant” through this blog post. To become a CA, one has to commit for a minimum of 4 years with a lot of practice and hardwork. CA after graduation can be done, you must have an aggregate of 55% marks in your graduation. For more details, you can visit VSI Jaipur and can acknowledge the complete information about the CA Course, CA Fees, and Average Salary Of CA In India. We wish you good luck.