Steps to Become a Chartered Accountant (CA)
Are you aspiring to become a Chartered Accountant? Vihaan Education is here to guide you through every step of the journey. Chartered Accountancy is a prestigious and rewarding profession, and the path to achieving this goal requires dedication and structured learning. Here’s a step-by-step guide to help you navigate through the CA journey.
• Appear for the Class 10th examination and register with the Board of Studies of ICAI.
• Complete a 4-month study period before attempting the CA Foundation exam (registration deadlines: before 1st February & 1st August for June & December exams respectively).
• Collect study materials and prepare thoroughly.
• After qualifying Class 12th and completing the study period, appear for the Exam Details: CA Foundation exam held three times a year in January, May, and September.
CA Foundation Exam Overview
The CA Foundation exam consists of four subjects:
Paper 1: Accounting (100 Marks)
Paper 2: Business Law (100 Marks)
Paper 3: Quantitative Aptitude (100 Marks) (Objective with negative marking of 0.25 per wrong answer)
Paper 4: Business Economics (100 Marks) (Objective with negative marking of 0.25 per wrong answer)
Exam Details:
• Total Marks: 400
• Passing Marks: Minimum 200 (with at least 40 marks in each subject)
• Foundation Registration Fee: ₹9,000/-
• Register with ICAI for the Intermediate Course.
• Undergo 8 months of self-study before appearing for the exams.
• Complete the 4-week Integrated Course on Information Technology and Soft Skills (ICITSS) before starting practical training.
• Exams are held three times a year in January, May, and September.
Subjects of CA Intermediate
Group I :
Paper 1: Advanced Accounting
Paper 2: Corporate Laws & Other Laws
Paper 3: Taxation
Group II:
Paper 4: Cost and Management Accounting
Paper 5: Auditing and Ethics
Paper 6A: Financial Management
Paper 6B: Strategic Management
Registration Fee: ₹18,000/- (Both Groups)
Exam Details:
• Total Marks : 600 (300 per group)
• Passing Marks : Minimum 40 marks per paper and 50% aggregate in each group
• Negative marking applies to objective-type questions
Articleship Training
• Begins after clearing both groups of CA Intermediate and completing ICITSS.
• Join as an Article Assistant under a practicing CA for 2 years.
• Complete Advanced ICITSS (AICITSS) during the last two years of training.
• ICAI offers Self-Paced Online Learning Modules:
• Set A: Corporate & Economic Laws
• Set B: Strategic Cost & Performance Management
• Set C (Elective): Options like Risk Management, Valuation, Forensic Accounting, etc.
• Set D: Topics including Entrepreneurship, Digital Ecosystem, Psychology & Philosophy
• Register for CA Final Course after clearing CA Intermediate.
• Registration Fee: ₹22,000/-
• Appear for the Final Examination after completing 2 years of practical training.
• Exams are held in May and November every year.
Subjects of CA Final
Group I:
Paper 1: Financial Reporting
Paper 2: Advanced Financial Management
Paper 3: Advanced Auditing, Assurance, and Professional Ethics
Group II:
Paper 4: Direct Tax Laws & International Taxation
Paper 5: Indirect Tax Laws
Paper 6: Integrated Business Solutions
Scope of a Chartered Accountant
✔ Independent Practice: Set up your own CA firm.
✔ Freelancing Opportunities: Work as a consultant for taxation, accounting, and financial management on a project basis.
✔ Management Consultancy: Work in financial management, project reports, and system analysis.
✔ Corporate Jobs: Secure high-paying jobs in multinational corporations, banks, and finance firms.
✔ Government & Public Sector: Opportunities in RBI, SEBI, and PSU companies.
✔ International Scope: ICAI certification is recognized in UK, Australia, Canada, and UAE.
✔ Entrepreneurship: Many CAs successfully run their businesses or family enterprises.
✔ Women in CA: Provides flexibility and financial independence.
Why Choose Vihaan Education?
✅ Expert Faculty with Proven Track Record
✅ Comprehensive Study Material
✅ Regular Mock Tests & Doubt-Solving Sessions
✅ Personalized Mentorship & Career Guidance
📞 Call/WhatsApp: 7517000369 / 9850322529📧
Email: vihaaneducations@gmail.com
🌐 Website: Vihaan Education
Start your journey towards becoming a Chartered Accountant with Vihaan Education today!