CA
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New answer posted
a year agoContributor-Level 10
The CA course in India does not directly require Class 12 marks for entry. The CA course is administered by the Institute of Chartered Accountants of India (ICAI) and has three levels: CA Foundation, CA Intermediate, and CA Final.
- CA Foundation Course: To enroll in the CA Foundation Course, candidates must have completed their Class 12 from a recognised board. There is no specific minimum percentage required in Class 12 for eligibility to register for the CA Foundation.
New answer posted
a year agoContributor-Level 10
There is no maximum age-limit for the CA course. However, minimum age should by 17 years (Class 12 pass). A finance or accounting professional can pursue the CA course at any phase of their career.
CA is a designation given to an individual who has acquired Chartered Accountancy certification from a statutory body that has determined that the individual possesses knowledge and abilities.
New answer posted
a year agoContributor-Level 10
The major difference between the Chartered Accountancy or CA and Cost Accountancy or CMA courses is that - CA degree is the core study of accounting, taxation, auditing and finance, whereas CMA degree is the study of managing budgets, costing/ pricing, assets, liabilities, analysis, and much more.
Difference | CA | CMA |
|---|---|---|
Entrance Exam | Entrance Exam required after 10+2 | No Entrance Exam for CMA after 10+2 |
Articleship Training | Required | Not Required |
Duration | 4.5 Years | 3-4 Years |
Average Salary | INR 10-12 lakh | INR 8-10 lakh |
Also Read: CA vs CMA/ ICWA
New answer posted
a year agoContributor-Level 10
The fees to be paid for registration of CA courses are given below:
- CA Foundation: INR 9,800
- CA Intermediate: INR 18,000
- CA Final: INR 22,000
New answer posted
a year agoContributor-Level 10
The ICAI offers a few scholarships to students. There are four categories of scholarships schemes namely, Merit, Merit-cum-Need based, Need-based and Weaker Sections Scholarships. The scholarships are awarded twice a year (April and October). Students are required to apply for scholarship in the prescribed application form available on the ICAI website.
Relevant Link to CA:
New answer posted
a year agoContributor-Level 10
Yes, the ICAI provide Chartered Accountancy campus placements. The campus placements programme is organised for the CA Final students as well as experience CAs. The Institute serves as an intermediary to bring freshly certified Chartered Accountants and recruiters together on a single platform and has long assisted them in meeting their complementary needs. The top organisations and CA Firms engage in campus placements, which are held twice a year.
Every Company Act-registered corporation or organisation has a CA who oversees various jobs such as Finance Managers, Financial Controllers, Financial Advisers, or Directors and audits their
New answer posted
a year agoContributor-Level 10
After the 12th, you must pass the following tests to become a Chartered Accountant:
- CA Foundation course: For the May/June exams, you must complete the foundation course till January. You must apply by July 1st for the November/December exams.
- CA Intermediate: Sign up with the Board of Studies and finish this 8-month study course. Before beginning practical training, complete the four-week integrated course on information technology and soft skills.
- Articleship: Complete the three years of required practical training.
New answer posted
a year agoContributor-Level 10
Here are the roles of Chartered Accountants (CAs) summarized:
Accounting and Financial Reporting: Maintain financial records and prepare financial statements.
Auditing: Conduct audits, identify discrepancies, and provide improvement recommendations.
Taxation: Advise on tax planning, prepare tax returns, and ensure tax compliance.
Financial Management: Develop budgets, manage cash flows, and analyze investments.
Consulting and Advisory: Offer strategic advice, risk management, and support for mergers and acquisitions.
Corporate Governance: Ensure compliance with governance standards and establish internal controls.
Forensic Accounting: Investi
New answer posted
a year agoContributor-Level 10
The average salary of an MBBS doctor can range between INR 2.5 LPA and INR 15 LPA, whereas, the CA earns around 10 LPA.
However, the earning potential for Chartered Accountants (CA) and doctors can vary widely based on their specialization, experience, and the sectors they work in.
Doctors, especially those in specialised fields like surgery, cardiology, or neurology, can earn substantial incomes, particularly if they work in private practice or prestigious hospitals. On the other hand,
Chartered Accountants can also achieve high earnings, especially those who work with large corporations, and MNCs, or have successful practic
New answer posted
a year agoContributor-Level 10
Actuarial Science courses are considered one of the toughest courses in India and exams for actuarial positions can be more difficult than those for chartered accountants (CAs) because candidates must have a strong foundation in Statistics, Analysis, and Mathematics.
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