ICAI

The time duration of the ICAI CA exams varies depending on the specific level of the exam. For eg. Foundation, Intermediate or final level anoghwith the type of paper (Theory or Practical). 

Foundation Course:

• Objective type exam: 2 hours (120 minutes)

Intermediate Course and Final Course:

• Theory Papers: 3 hours (180 minutes) each
• Practical Papers: 3 hours (180 minutes) each

At the time of form submission, the fees for CA Intermediate/Intermediate (IPC) (Old and New Schemes) are INR 1,500 for a single group and INR 2,700 for both groups. Applicants who fail to pay the fee by the form submission deadline will be subject to a 600 INR late charge penalty. There is no return for the cost. Payment for the fee must be made online via net banking, credit card, or debit card. The application for the course or exam will not be submitted until the fee is paid. A letter of acknowledgement will be sent to the candidate following a successful transaction.

The ICAI CA Foundation exam is conducted in 194 cities across India and 8 cities abroad. It is organized by the Institute of Chartered Accountants of India (ICAI), aiming to train and certify Chartered Accountants in the country. The exam is held twice a year at a national level, with a duration of two hours and conducted online in English. This professional course offers candidates an opportunity to pursue a career in Chartered Accountancy, making it accessible to aspirants across a wide geographical spread both within India and internationally.

The ICAI follows a fair method of evaluation of exam papers of candidates. Be it CA Foundation, CA Intermediate or CA Final exam papers, the ICAI checks the paper on merit of the arguments made. In theory paper, the points are given on language of the answer, clarity of the argument and presentation. In practical papers, marks are awarded if the answer is supported by working notes. If the answer is presented well, clearly in tabular format with working notes (showing calculation), it is sure to get marks. Students say that working notes help in getting grace marks.

Yes, in case you have created login from November / December 2016 CA exam onwards, you don’t need to recreate the login even if you have converted to New Course. You can log in with your credentials and avail the services offered by the ICAI.

In fact, once you have created a login ID for the CA course, be it at the time of registering for the CA Foundation course after Class 10 or 12, or at the time of registering for CA Intermediate after graduation, you will not have to create a login ID again for rest of the course levels and activities.

If you have forgotten your login password for ICAI account, you can create a new one by visiting the eservices website and using the 'forgot password' option.

After completing CA Final course, students can start independent practice or join an auditing firm as chartered accountant or analyst. Top job options for certified CAs are Finance Manager, Tax Manager, Certified Public Accountant, Teacher, Civil or Government Service, to name a few. They can also go for other professional courses such as MBA/PGDM to make a career in corporate finance. If one wishes to start independent practice, they need to set up a firm as a sole-proprietorship or in partnership. Also Read: CA career scope and job profiles