CA

Chartered accountants work in all fields of business and finance, including audit, taxation, financial and general management. Some are engaged in public practice work, others work in the private sector and some are employed by government bodies.A candidate who desires to become a member of the Institute of Chartered Accountants of India (ICAI) and thereby a practicing chartered accountant must:
(a) Clear the intermediate and final examination of the institute.
(b) Register as an articled or audit clerk with a practicing chartered accountant.
(c) Register with the board of studies of the institute.
In order to be eligible for appearing in the intermediate and final exams of the institute, the aspirant must have successfully completed and passed the foundation course. Most chartered accountants are commerce graduates, which provides them with a b back up before they embark on such an important nay-tough course. Registration to the foundation course of one-year duration is open to those who have completed 10+2.
The foundation course can also be taken up simultaneously with graduate or postgraduate studies. Commerce graduates with 50% marks, non-commerce graduates without maths, with 55% marks and non-commerce graduates with maths and an aggregate of 60% marks are exempted from the foundation exam and are permitted to register as articled clerks for practical training.
The CA course is conducted through lectures and postal tuitions by the Institute of Chartered Accountants of India (ICAI), head-quartered in New Delhi.
The ICAI has five regional offices at Mumbai, Calcutta, Chennai, Kanpur, and New Delhi, with 81 branches to these regional centers.

The Chartered Accountancy examinations are divided into three levels. They areCommon Proficiency Test (CPT)Integrated Professional Competence Course (IPCC)Final Examination
CPT covers four basic subjects viz. Fundamentals of Accounting, Mercantile Laws, Economics and Quantitative Aptitude. A person can register for CPT after completing Grade 10 and take the exam after completing High School. IPCC or Integrated Professional Competence Course is the second level of Chartered Accountancy examinations. A person can take the IPCC Examination after passing CPT and nine months of study. IPCC has two groups of seven subjects. Group – I consists of four subjects and Group – II of three subjects.
Group I:
Paper 1 : AccountingPaper 2 : Business Laws, Ethics and CommunicationPaper 3 : Cost Accounting and Financial ManagementPaper 4 : Taxation
Group II:
Paper 5 : Advanced AccountingPaper 6 : Auditing and AssurancePaper 7 : Information Technology and Strategic Management
CA Final Examination is the last and final level of Chartered Accountancy Examinations. Any person who has passed both the groups of IPCC, during the last six months of articleship can take the Final Examination. This exam consists of two groups of four subjects each.
Group I:
Paper 1 : Financial Reporting,Paper 2 : Strategic Financial Management,Paper 3 : Advanced Auditing and Professional Ethics,Paper 4 : Corporate and Allied Laws,
Group II:
Paper 5 : Advanced Management Accounting,Paper 6 : Information Systems Control and Audit,Paper 7 : Direct Tax LawsPaper 8 : Indirect Tax Laws.
ICAI conducts CPT exams in June and December, IPCC and Final examinations in May and November each year. Examinations are conducted in major cities in India and other countries. After passing Group – I of IPCC, a candidate must undergo a rigorous 3-year on-the-job training as article or audit assistant, articleship. Only members in practice are entitled to engage such assistants. After passing Group – I of IPCC, a candidate must undergo a rigorous 3-year on-the-job training as article or audit assistant, articleship. Only members in practice are entitled to engage such assistants. Advanced Information Technology Training should be done during third year of articleship but before appearing in Final Examination