CA in India

Hi Vaibhav, CA has 3 stages
Foundation
IPCC
FINAL
If you are a class 12 student or have completed class 12 you can register yourself with ICAI for the foundation program. After completing foundation you have to give IPCC which consist of 2 groups. You have to do 3 years of articleship after completing IPCC. Within 1 year of articleship you have to do orientation, ITT and GMCS. On completion of 2.5 years of articleship you can give FINAL exams.
If you are a graduate you an opt direct entry to IPCC so that you don't have to bother about foundation. But in that case you have to complete 9 months of articleship, orientation and ITT before giving IPCC

A chartered accountant is the member of ICAI. The membership can be continued through the prescribed fees or yearly payment.
A chartered accountant deals with the Financial Management and carries out the financial audits. A chartered accountant works as a private adviser or in the accounts department in an organization.
After the completion of this course you can go for the works as:
1. Auditing.
2. Cost Accounting.
3. Tax Management.
4. Management Accounting.
5. Consultancy and
6. Financial Works in an Industry.
It takes the 5 years to complete the CA course. By the year 2006, the ICAI has launched the three level of this course.
A. CPT (Common Proficiency Test).
B. IPCC (Integrated Professional Competence Course).
C. FC (Final Course).
The CPT is the entry-level foundation course involves the quantitative aptitude test, general economics, mercantile laws and accounting.
The IPCC has two groups. It covers the working knowledge of the core subjects. It is specially designed to improve the knowledge of accounting standards.
The CA final course covers the advanced knowledge of Financial Reporting, Management Accounting, Strategic Financial Management, Professional Ethics, Information Systems Control and Advanced Auditing.
The students who had cleared their plus two examination can go for the foundation level test conducted by the ICAI. After passing the group 1st, the students have to undergo the on-job training period of 3 years called article ship with an audit or accounts firm.
After completion of the article ship, the student can appear the final course. The GMCS (General Management and Communication Skill Course) is the 15 days mandatory training course introduced in 2003.The students with the commerce or science or arts background can get the admission in CA course. Students should have the knowledge of the computer as the all account work done with the help of a computer.
After the completion of 12th standard, students can take the admission in the CA program through the CPT (Common Proficiency Test). If he/she becomes passing in CPT, he/she would be enrolled as the member of ICAI.