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New answer posted

a year ago

0 Follower 1.1k Views

M
Muskan

Contributor-Level 10

Since Foundation is the first level of the Chartered Accountancy course, the difficulty level of CA Foundation papers is often easy to moderate compared to Intermediate and Final levels. But CA Foundation is a challenging course in itself. Just 25% of test takers in the CA Foundation in December 2022 were able to pass the exam. A significant portion of applicants retake the test. Even with a 40% overall passing percentage, the Chartered Accountancy course is challenging. As a result, enrolling in a coaching programme is crucial if you want to pursue a CA degree. For this course, self-study is not sufficient.

New answer posted

a year ago

0 Follower 175 Views

A
Anamika Jha

Contributor-Level 10

The Institute of Chartered Accountants (ICAI) conducted the CA examinations through online mode . The candidates will have to reach the centre and appear in the examination through computer based test and full the answer on their respective computer screens .

The CA Examination is divided into three stages - CA Foundation, CA intermediate and CA Final . It is to be noted that a candidate will have to pass all the three stages to be termed as a Chartered Accountant. 

To know more about it, refer to the official website or Shiksha.

New answer posted

a year ago

0 Follower 213 Views

A
Anamika Jha

Contributor-Level 10

In the CA Foundation, there are 4 papers, followed by 8 papers each in CA intermediate and CA Final. The candidate must score at least 40 percent in each paper respectively to pass the examination. 

To know more about the CA Examination, Candidates can refer to the official website or Shiksha.

New answer posted

a year ago

0 Follower 2 Views

T
Tasbiya Khan

Contributor-Level 10

It is estimated that studying CA in Chennai is affordable. The below table shows the popular colleges with their fee range:

Fee Range

Names of Colleges

< INR 1 lakh

IIKMFE Financial Education

New answer posted

a year ago

0 Follower 2 Views

T
Tasbiya Khan

Contributor-Level 10

Accounting is referred to as the process of recording and assessing financial transactions of a commercial organisation. Account subject is commonly opted by students nowadays as it is the backbone of every business organisation. Accounting is the only way of keeping a check on the financial health of a company and helps the stakeholders make future decisions. Those who wish to make a career in accounting need to start early, i.e. opt for the Commerce stream in higher secondary (Class 11-12).

New answer posted

a year ago

0 Follower 1 View

T
Tasbiya Khan

Contributor-Level 10

To pursue Chartered Accountancy, the candidate has to go through a process of training and clear examinations at various course levels, conducted by the Institute of Chartered Accountants of India (ICAI).

There are three main course levels in Chartered Accountancy - Foundation, Intermediate and Final.

CA Course Admission RouteCA Course Eligibility Criteria
Chartered Accountancy Foundation Route
  • The candidate must have passed Class 12 and completed four months of study period after Chartered Accountancy registration to be able to appear for the Foundation examination.
  • The candidate needs to register with the Board of Studies and complete four months of study period.
Chartered Accountancy Direct Entry Route
  • In this entry route for Chartered Accountancy, graduates/postgraduates from the Commerce stream with at least 55 per cent aggregate or equivalent score can apply. However, they must have studied Accounting, Auditing, Mercantile Laws, Corporate Laws, Economics, Management (including Financial Management), Taxation (including Direct Tax Laws and Indirect Tax Laws), Costing, Business Administration or Management Accounting or similar to the title of these papers with different nomenclatures.
  • Graduates/postgraduates from non-commerce must have secured a minimum of 60 per cent aggregate or its equivalent grade in the examination conducted by any recognised University (including Open University).
  • Direct Route entry in Chartered Accountancy is also open to candidates who have passed the intermediate-level examination conducted by The Institute of Cost Accountants of India or by The Institute of Company Secretaries of India. Such candidates are exempted from qualifying Foundation and can register directly for the Intermediate course.
  • Candidates in their final year of graduation can also register for the Intermediate course on a provisional basis. Registration of such candidates would be regularised only on submission of the final year mark sheet or passing certificate within six months from the date of appearance in the final year graduation examination and on successful completion of ICITSS (Orientation Course and Information Technology). During the provisional registration period, a candidate can undergo and complete ICITSS (Orientation Course and Information Technology).

New answer posted

a year ago

0 Follower 5 Views

T
Tasbiya Khan

Contributor-Level 10

The table below shows the top CA colleges in Chennai along with their total tuition fees:

College NameTotal Tuition Fee
IIKMFE Financial EducationINR 70,000

New answer posted

a year ago

0 Follower 7 Views

T
Tasbiya Khan

Contributor-Level 10

There are 2 CA colleges in Chennai,  offering only Accounting specialization. FTMS Global Academy (India) Private Limited and IIKMFE Financial Education are the top CA colleges in Chennai. CA course is a professional designation given to accounting professionals in India, denoting expertise in accounting, auditing, taxation, financial management, and general management. CA course graduates are qualified to offer a wide range of economic and business advisory services to organizations and individuals. CA course is a prestigious and challenging profession that offers diverse career opport

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