Becoming a Chartered Accountant (CA) in India is a prestigious and rewarding career choice. The CA profession is regulated by the Institute of Chartered Accountants of India (ICAI), which sets the standards for education, training, and examination. In this article, we will discuss the steps to become a CA in India.
Step 1: Enrol for CA Foundation
The first step to becoming a CA is to enrol for the CA Foundation course. To be eligible for the course, the candidate must have completed 10+2 with a minimum of 50% marks in aggregate. The CA Foundation course is a four-month programme that covers topics such as accounting, economics, mercantile laws, and mathematics.
Step 2: Register for CA Intermediate
After completing the CA Foundation course, the candidate can register for the CA Intermediate course. To be eligible for the course, the candidate must have completed the CA Foundation course and 10+2 with a minimum of 50% marks in aggregate. The CA Intermediate course is an eight-month programme that covers topics such as accounting, auditing, taxation, and financial management.
Step 3: Complete Articleship
The candidate must complete a three-year Articleship programme after passing the CA Intermediate exam. During the Articleship, the candidate will work under a practicing Chartered Accountant and gain practical experience in accounting, auditing, taxation, and other related fields.
Step 4: Register for CA Final
After completing the Articleship, the candidate can register for the CA Final course. The CA Final course is a twelve-month programme that covers topics such as strategic financial management, corporate and economic laws, and advanced auditing and professional ethics.
Step 5: Clear CA Final Exam
The candidate must clear the CA Final exam to become a Chartered Accountant. The exam is conducted twice a year, in May and November, and consists of objective type and subjective type questions.
Step 6: Register with ICAI
After clearing the CA Final exam, the candidate must register with the ICAI to become a member. The candidate can then use the prefix 'CA' before their name.
In conclusion, becoming a Chartered Accountant in India requires hard work, dedication, and perseverance. The candidate must enrol for the CA Foundation course, complete the CA Intermediate course, complete Articleship, register for the CA Final course, clear the CA Final exam, and register with the ICAI to become a member. Students who are interested in pursuing the CA course should check the official website of the ICAI for detailed information