CA - CPT
Chartered Accountancy is a challenging profession that offers practice or job opportunities in the areas of accounting, auditing, corporate finance, project evaluation, company and other business laws, taxation and corporate governance. The Chartered Accountancy Course and Profession in India is regulated by The Institute of Chartered Accountants of India (ICAI), New Delhi. The C. A. Course offered by ICAI is ranked at No. 2 worldwide.C. A. Course comprises of 4 Important Levels
1) Common Proficiency Test (CPT)
2) Integrated Professional Competence Course (IPCC)
3) Three years Articleship/ Traning under a Practicing CA
4) C. A. Final
Under the existing chartered accountancy scheme of education, training and examination, the requirements for becoming a chartered accountant are as follows:
Register for CPT:
Register with the Institute of Chartered Accountants of India (ICAI) for Common Proficiency Test (CPT) after passing class 10th examination.
Appear and Pass CPT:
Appear for CPT examination after appearing in 10+2 examination and after completion of period of at least 60 days from the date of registration for CPT with the Board of Studies as on the first day of the month in which examination is to be held, viz., students registered on or before 1st April/1st October will be eligible to appear in June/December examination, as the case may be.
Register for IPCC:
Register for Integrated Professional Competence Course (IPCC). Candidate should pass both CPT and 10+2 before registering for Integrated Professional Competence Course (IPCC). Registration for IPCC should be done 9 months before the first day of the month in which exam is held. IPCC has total 7 papers. Group I is composed of four papers and Group II is composed of three papers. Passing Group I is necessary for commencing Articleship.
Orientation and ITT:
Successfully complete Orientation Course of one week spanning 35 hours and covering topics, such as, personality development, communication skills, office procedure, business environment, general commercial knowledge, etc. Successfully complete 100 hours Information Technology Training (ITT). Orientation and ITT are to be completed before registering for Articleship.
Appear and Pass IPCC Group I Exam:
Appear and pass Group I or Both Groups of Integrated Professional Competence Examination (IPCE).
Appear and Pass IPCC Group II Exam:
Pass Group II of IPCE during Articleship if not passed earlier.
Register for CA Final Course:
Register for CA Final Course on passing both groups of IPCC.
Appear and Pass CA Final Exam:
Appear in CA Final Examination during last 6 months of 3 years of articled training. Pass Group I as well as Group II of CA Final Examination.