Do you want to grow a CA (Chartered Accountant, this is a step-by-step guide where all the significant details about flattering a CA have been stated below Graduates, 10th and 12th typical passed scholars may make use of this leader and start making for CA course!
Before title to the step-by-step guide, let us chickened out some basic details about leased accountancy course and occupation. What is CA course all about? Who is a CA, pardon are his/her tasks? What is it like to convert a CA, what is the countryside of the work like? Next unit will response all such questions of yours.
CHARTERED ACCOUNTANCY: AN INTRODUCTION
A chartered accountant is an expert who is accomplished of working in all fields of business and finance. Finance management, accounting, auditing, taxation and general business organization are some of the tasks that chartered accountants are capable of performing. In humble terms, they deal with accounting and money matters (management).
CAs consume diverse job chances and profiles available in front of them. Many CAs opt to do self-practice. They can be seen contribution services through private Accountancy firms and Consultancy firms. Administration bodies are also known to rental CAs. When it originates to secluded sector, MNCs, Finance Institutes (Banks, Loan firms, VC firms etc), Small/Medium scale Industries, Private CA firms etc are known to hire them.
In India, ICAI (The Institute of Chartered Accountants of India) is the commanding body leading the excellence and values of CA education and training. CAs employed in India are registered members of ICAI. Membership has to be renewed to continue practice in India.
WHAT TO DO AFTER 10TH TO BECOME A CA
Let us check out CA course details now-
COURSE DETAILS
CA course consists of 4 main levels. They are-
- CPT (Common Proficiency Test)
- IPCC (Integrated Professional Competence Course)
- Article ship / Practical Training
- CA Final
Let us check red out each step involved in this whole process-
BECOME A CA: STEP-BY-STEP GUIDE
1 REGISTER FOR CPT
The initial step is to catalogue with the ICAI for CPT. This can be completed by scholars who have approved 10th standard. Thus, it is safe to say that the first step towards flattering a CA can be taken after finishing 10th standard.
2 APPEAR FOR CPT EXAM AND CLEAR IT
WHAT TO DO AFTER 10TH TO BECOME A CA
After implementation 12th standard, students who have listed for CPT have to clear the CPT exam. Note: Pupils are eligible to take CPT test only after completing at slightest 60 days after initial date of recording with the ICAI.
3 JOIN IPCC
Scholars who have passed 12th typical and cleared CPT are qualified to join IPCC. Within IPCC course, there happen Orientation Program and ITT (Information Technology Training). Schoolchildren have to compulsorily complete 35 hours of orientation package and 100 hours of ITT training.
4 APPEAR FOR IPCC GROUP EXAMS
After conclusion of the 9 months long IPCC course, students have to appear for (and clear) the IPCC Group 1 and Group 2 examinations.
It is obligatory to clear the Group 1 inspection to proceed to article ship stage. Group 2 stage can be empty during article ship stage too (if one can’t clear it before).
5 START ARTICLESHIP
This is 3 years long applied training stage. To enter this level, a scholar must have empty IPCC Group 1 exam. Those who haven’t empty IPCC Group 2 exam may seem for (and clear it) during the object ship period!
6 JOIN CA FINAL COURSE
After passing both the Groups- 1 and 2 of IPCC course, fruitful students may list for the CA final course.
After 2 years of object ship training, scholars have to experience and complete 15 days long sequences on general management and communication skills.
Also read: 5 Days SSB procedure
While portion the last 6 months of CA final course, scholars may appear for (and clear) CA final examination (Group 1 and 2).
7 COMPLETE ARTICLESHIP
If all goes according to the plan, you will be able to whole article ship after clearing CA final check. Note: One must clear essential papers in first attempt itself to shadow the path mentioned in this article.
8 ACQUIRE MEMBERSHIP
After implementation all the necessary courses, exams and object ship training stated above, successful applicants may acquire ICAI association. After registration with the ICAI and obtaining membership, one is eligible to use the title of ‘Chartered Accountant’!
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