Post on 17-Jul-2015
Chartered Accountancy
Accounting, auditing and taxation are the core areas dealt with by chartered accountants.
They are also capable of expert level services in the areas of General Management, Personnel Management, Financial Management, Operations Management, HR Management
STAGES
Stages in CA
CommonProficiency
Test
Integrated ProfessionalCompetence Course
(IPCC)
Final
4 subjects-2 papers 9 subjects
4 papers- group I3 papers- group II
Article ship + ITT
ApprenticeshipUnder a practicing
CA for 3 years+
100 hours of IT training
8 subjects4 papers- group I4 papers- group II
GeneralManagement
Course
CompulsoryGMC courseDuring/ after
Finals
• Academic Qualification-10+2 or equivalent as recognized by ICAI
Common Proficiency Test (CPT)
• Pass Marks- To pass/qualify at the examination a student has to obtain a minimum of 50% marks in all the papers together.
• Re attempting- Failing to get the pass mark requires the student to reappear in all the papers again.
• No Exemptions- There are no provisions for exemptions, even in conditions where the student has obtained high marks.
CPT duration is minimum 2 months. Each session is of 2 hours.
Subjects
Session IISession I
Mercantile Laws(40 Marks)
FundamentalsOf Accounting
(60 Marks)
QuantitativeAptitude
(50 Marks)
GeneralEconomics(50 Marks)
Integrated Professional Competence Course (IPCC)
• Pass Marks- Minimum of 40% in each paper and an aggregate of 50% in all the papers of both the groups together if attempting both the groups or all the papers of a single group, A student has to get through both the groups either at once or separately to be eligible to go for the next level i.e. Final.
• Exemptions- In cases where the student has obtained 60% and above in one or more papers that paper will be exempted although he was failed in that group.
Subjects in IPCC
Group IIGroup I
Law, Ethics and
Communication
AdvancedAccounting(100 Marks)
IT and StrategicDevelopment
Auditing and Assurance
(100 Marks)
InformationTechnology(50 Marks)
StrategicManagement(50 Marks)
BusinessCommunications
(20 Marks)
Business Ethics(20 Marks)
Law(60 marks)
Cost AccountingAnd FinancialManagement
Cost Accounting(50 Marks)
FinancialManagement(50 Marks)
TaxationVAT
(25 Marks)
Service Tax(25 Marks)
Income Tax(50 Marks)
Subjects in Finals
Group I Group II
Corporate &Allied Laws
Company Law
(70 Marks)
StrategicFinancial
Management(100 Marks)
FinancialReporting
(100 Marks)
Allied Laws(30 Marks)
AdvancedAuditing andProfessional
Ethics(100 Marks)
AdvancedManagementAccounting(100 Marks)
InformationSystems
Control &Audit
(100 Marks)
Direct TaxLaws
(100 Marks)
IndirectTaxLaws
CentralExcise
(40 Marks)
Service TaxAnd VAT
(40 Marks)
Customs(20 Marks)
The Institute of Chartered Accountants of India (ICAI) is a statutory body established under the Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) for the regulation of the profession of Chartered Accountants in India.
ICAI now is the second largest accounting body in the whole world
The institute has its headquarters in New Delhi.
Continue……
1. Five regional offices at Mumbai, Chennai, Calcutta, Kanpur and New Delhi
with branch offices located in almost all major cities and towns of India.
Audit and Taxation Project Finance/ Financial Advisory/
Mergers & Acquisitions Investment Banking Banking and Financial Services Outsourcing
Academics Corporate Sector Recession