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The career path to become a Charted Account (CA) is challenging but is very promising. You will have to devote 5 years to your education in order to become a CA.
Chartered Accountancy is one of the highest paying careers in India and is a good career option if you are interested in subjects like taxation and accounting. The career path to become a Chartered Account (CA) is challenging but is very promising. You will have to devote 5 years to your education in order to become a CA.
There is a good demand of CAs in India within private as well as public organisations. A chartered accountant is hired to deal with the account details of an organisation. They also help in solving disputes and preventing bankruptcy. If you are planning to pursue this career then it is a better idea to start after class 10. Find out the career details of a CA below:
Exam and Courses required to become a CA:
CPT (Common Proficiency Test)
IPCC (Integrated Professional Competence Course)
FC (Final course)
Eligibility:
Candidates are eligible to register for CPT after class 10 but they will be able to appear for it only after passing class 12.
Students of commerce, science as well as arts stream can apply for CPT.
Students of Commerce Stream need to secure 50% aggregate marks in Class 12 exams in order to be eligible for CPT.
Students of all other streams need to score an aggregate of 55% excluding Mathematics and 60% including Mathematics in Class 12 board exams.
On clearing the CPT exam successfully, candidates become the member of Indian Chartered Accountants Institute (ICAI) the exam and course conducting body for all CAs in India.
How to become a CA:
1. Requirement for Accounting Technician Course (ATC):
After clearing the CPT, candidates have to enrol for the ATC. The same can be done after clearing 10+2
Candidates who have already cleared Entrance Examination or Professional Education (Examination-I) or Foundation Examination will be eligible to register for ATC.
Candidates who had formerly registered for Intermediate/ Intermediate (Professional Competence) programme/ Professional Education (Course-II) can enrol for ATC.
2. Applying for IPCC:
Candidates must have scored at least 100 out of 200 marks in CPT after class 12 in order to apply for IPCC programme.
Registration for IPCC must be dome nine months before the first day of the month in which the exam will be conducted.