CA – Chartered Accountant

The full form of CA is “Chartered Accountant.” CA – Chartered Accountant professionals specialize in various areas such as professional accounting, taxation, auditing, and financial assessment for organizations and individuals. The designation of Chartered Accountant (CA) is granted by the statutory body, The Institute of Chartered Accountants of India (ICAI).

CA professionals are responsible for various aspects of accountancy, including tax filing, auditing financial statements, and advising on business practices. They play a crucial role in preparing and reviewing financial reports.

To become a certified CA in India, individuals must complete three levels of exams and training set by the Institute of Chartered Accountants of India (ICAI). ICAI is a statutory body that oversees and regulates the Chartered Accountancy profession in India.

Aspiring Chartered Accountants can enroll in the CA Foundation course after completing their 10+2 education or directly after graduation for the CA Intermediate course. The CA Foundation exams have replaced the CA CPT exams and are conducted twice a year. The CA Foundation is followed by the CA Intermediate and CA Final exams, which complete the CA qualification process.

Eligibility to enroll in CA Programme

To become a certified Chartered Accountant (CA), candidates need to undergo a comprehensive training process and successfully clear exams at three different levels. These levels are conducted by the Institute of Chartered Accountants of India (ICAI), which is the regulatory body for the CA profession in India.

Eligibility to enroll in CA Foundation

  • Successful completion of 10+2 is necessary to pursue the Chartered Accountancy (CA) profession.
  • Candidates must register with the Institute of Chartered Accountants of India (ICAI) board of studies.
  • A study period of four months is mandatory for candidates before appearing for the CA foundation exam.

Eligibility Criteria for CA Direct Entry Route

  • Graduates or postgraduates from the commerce stream can directly enroll for the CA program.
  • A minimum aggregate of 55 percent marks is required for commerce graduates/postgraduates to be eligible for direct entry.
  • The commerce stream candidates should have studied subjects such as accounting, mercantile laws, auditing, corporate laws, taxation (both direct and indirect), cost and business management, etc.
  • Graduates or postgraduates from a non-commerce background should have secured a minimum of 60 percent marks in aggregate from a recognized university.
  • Individuals who have passed the intermediate level from the Institute of Cost Accountants of India are also eligible for direct admission to the intermediate level of CA.
  • Candidates appearing in the final year of graduation can apply for admission on a provisional basis, but their admission will be confirmed upon successfully clearing their graduation with the required percentage of marks.

Process to become a CA – Chartered Accountant

The journey to becoming a CA requires careful preparation and dedication. Here are the different stages explained:

CA Foundation

This is the entry-level course for Chartered Accountancy. Candidates who have completed or are appearing for their class 12 exams can write the foundation exam. Graduates and postgraduates are exempted from this examination.

CA Intermediate

After successfully completing the CA foundation course, candidates can enroll in the intermediate stage of CA. There is also a direct entry route for graduates and postgraduates from a CA background to enroll in CA intermediate courses. Students can enroll for intermediate courses after 9 months of completing the foundation course.

Articleship Training

After completing the CA intermediate course, students must undergo Articleship training. This training provides real-time experience and exposes candidates to the nature of CA work. The primary goal is to provide practical exposure to companies and enhance the skills of candidates.

CA Final

This is the final part of the course. Before reaching this stage, candidates need to clear the GMCS (General Management and Communication Skills) and ITT (Information Technology and Orientation) exams. After successfully clearing the CA final course, candidates can register themselves with the Institute of Chartered Accountants of India (ICAI) as practicing Chartered Accountants. This marks the successful completion of the CA journey.

So, in the CA new scheme applicable from May 2024, a student will now take 42 months to become a Chartered Accountant.
ICAI CA Course Level Current (Till 2023) New Changes (From 2024)
CA Foundation Registration/ Appear 10 + 2 Start Start
CA Foundation Study Period 4 Months 4 Months
CA Intermediate Study Period 8 Months 8 Months
CA Articleship 36 Months 24 Months
CA Final Study Period 6 Months
Total CA Course Duration 48 Months 42 Months
Work Experience for CoP 12 Months

Syllabus of CA – Chartered Accountant course

The syllabus of the CA course at each level according to the New Scheme has been mentioned below:

Foundation Syllabus

  • Paper – 1: Accounting (100 Marks)
  • Paper – 2: Business Laws (100 Marks)
  • Paper – 3: Quantitative Aptitude (100 Marks)
    • Business Mathematics
    • Logical Reasoning
    • Statistics
  • Paper – 4: Business Economics (100 Marks)

Intermediate Syllabus

CA Intermediate Subjective Objective
Paper 1 :Advance Accounting 70 Marks 30 Marks
Paper 2 :Corporate Laws 70 Marks 30 Marks
Paper 3 :Cost and Management Accounting 70 Marks 70 Marks
Paper 4 :Taxation 70 Marks 30 Marks
Paper 5 :Auditing and Code of Ethics 70 Marks 30 Marks
Paper 6 :Financial Management and Strategic Management 70 Marks 30 Marks

Final Syllabus

CA Final Subjective Objective
Paper 1 :Financial Reporting 70 Marks 30 Marks
Paper 2 :Advance Financial Management (AFM) 70 Marks 30 Marks
Paper 3 :Advance Auditing, Assurance and Professional Ethics 70 Marks 70 Marks
Paper 4 :Multi- Disciplinary Case Study with Strategic Management 70 Marks 30 Marks
Paper 5 :Direct Tax Laws and International Taxation 70 Marks 30 Marks
Paper 6 :Indirect Tax Laws 70 Marks 30 Marks

Top Scorers of CA – Chartered Accountant : ECP

ECP (Excellent Commerce Point) is renowned as the Best CA Coaching in Gurgaon and Delhi/NCR. We offer a range of learning options including face-to-face classes, live/online classes, and pen drive classes for CA courses. Our highly qualified and experienced faculty members are dedicated to helping students succeed in their CA exams with excellent marks on their very first attempt. Join ECP and unlock your full potential for success in the CA exam.

Top scorers of CA - ECP


Career prospects for CA – Chartered Accountant

After successfully completing the course, individuals become official members of ICAI, opening up various career opportunities. Some domains where CAs can work include:

  • Banks

  • Auditing firms

  • Taxation firms

  • Public limited companies

  • Management consultancy firms

  • Legal firms

  • CFO firms

  • Investment houses

  • Mutual funds

Some of the top corporate firms hiring CA’s are:
  1. E&Y

  2. BDO

  3. KPMG

  4. PwC

  5. Deloitte

  6. JP Morgan Chase

  7. Credit Suisse

  8. Edelweiss

  9. Grant Thorton

  10. Kuwait Resources House

  11. State Bank of India

  12. Luthra & Luthra

  13. ICICI bank

  14. Kotak Mahindra

  15. Axis Bank and many more

CA – Chartered Accountant Salary in India

The salary of a Chartered Accountant in India varies based on the job profile and the company they work for. On average, a CA can expect an annual salary of around 9 lakhs. However, certain companies like IBM, Ranbaxy, Sony, TCS, Infosys, and others offer starting salaries ranging from Rs. 20 lakhs per annum to 30 lakhs per annum. The salary of a CA can vary depending on their job profile, and the following table provides an overview of salary ranges for different profiles:

  • Audit Associate: Rs. 5-8 lakhs per annum
  • Tax Consultant: Rs. 6-10 lakhs per annum
  • Financial Analyst: Rs. 7-12 lakhs per annum
  • Internal Auditor: Rs. 8-15 lakhs per annum
  • Finance Manager: Rs. 10-20 lakhs per annum
  • CFO (Chief Financial Officer): Rs. 15 lakhs and above per annum

Please note that these salary ranges are approximate and can vary based on factors such as experience, location, and the size of the company.

Frequently Asked Questions (FAQs)

Ques 1. What are the eligibility criteria for enrolling in CA Intermediate?

Ans. To enroll in CA Intermediate, candidates need to have completed graduation or post-graduation with a minimum cutoff mark of 55%. Non-commerce graduates must have at least 60% marks from the Institute of Cost Accountants of India or ICSI.

Ques 2. Do I need to choose mathematics in my 10+2 exams to appear for the CA Foundation exams?

Ans. No, choosing mathematics in 10+2 exams is not mandatory to appear for the CA Foundation course.

Ques 3. How long does it take to complete the CA course after the 12th?

Ans. The total duration to complete the CA course after the 12th is 4.5 years.

Ques 4. Is there a limit on the number of attempts for CA exams?

Ans. No, there is no limit on the number of attempts for CA exams.

Ques 5. How can I apply for CA after the 12th?

Ans. To apply for CA after the 12th, you need to register with the ICAI Board of Studies and complete a four-month study period to become eligible to appear for the CA Foundation exam.


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