I would say ACCA is a better option to do. it is a global job and you will have more opportunities. Also there us a lot more competition in CA than in ACCA. There are more chances of you getting a better job specially if you want to settle abroad.

hope this is helpful to you.

Hello Nikhil

For CA, you first need to give the foundation exam which is called common proficiency test (CPT) conducted by ICAI. You can join coaching centres for preparations or can do it yourself at home.

First you have register yourself with ICAI then yoi can apply for the may attempt. The registrations will end and applications will be started in the first week of April tentatively. 

You can visit their website or can revert us for further assistance.

Hope this might help you.

Thanks for contacting us.

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Ajit, 

Jossa counselling is totally dependent on your preference list. When counselling will start you have to fill your choices according to your preference list. You may/may not be allotted a seat in first round. Suppose you are allotted a seat in first round. Then you have to go to reporting centre and choose the option float. 

In the second  round you will be allotted the same seat or the seat which is given priority in your choice filling list and which is above the current seat.  

For eg you have 7 choices named as 1,2,3,4,5,6,7.

In first round you get the seat no.  4 .

Now in second round you will either get seat no. 4 or seat which is above 4(that is 1,2,3).

This process will further continue in next round. 

Remember to choose the float option if you want to participate for next round. 

And one thing more,  choice below 4( that is 5,6,7) will become useless ,null and void. 

As you have given case of NIT CALICUT if you get something else in round 4/5/6/7 you won't be able to get back NIT CALICUT. 

If you still have any queries you can ask in comment section. 

BTW Dont worry for counseling jossa will conduct two mock counseling round to clear everything. 

Hey Rajat.

The syllabus for the AIL LET entrance exam includes 4 sections which is as given below. The questions are simple MCQs.

a) Law aptitude - 50 marks

b) general awareness - 50 marks

c) English comprehension - 50 marks

d) Mental Ability - 50 marks 

The General awareness sections include MCQs related to Current affairs as well as Static GK. Law Aptitude would include MCQs related to General knowledge of law as well as legal aptitude questions. Mental ability will also include logical reasoning or quantitative aptitude questions. English Comprehension would include MCQs related to the comprehension.

Best of luck 

Hello aspirant

First of all you should know that both of them are great courses and very respectable.

For your convenience here is a comparison of both

1. popularity and demand CA is more popular and known in India since it is a flagship and one of the most toughest courses of the country while Acca is more demanded outside India. Though it is steadily growing in the country but it's less popular. Though there are still many MNCs offering jobs in the same field

2. time it takes atleast 5 years to be a CA while it takes just 2 years to complete ACCA

3. pay scale it is almost same in both the careers approx 4-10 lacks

4. difficulty level it is said that ACCA is comparatively easier than CA though you may need to go through the concepts beyond the indian manner of understanding subjects. Also ACCA follows international accounting standards for which you may need to do a little more hardwork.

5. acceptance acca is a global charted accounting career it is accepted in UK and Ireland while CA is limited to India and few other parts of world.

All the best :)

Dear Sunitha, you haven't mentioned your highest qualification.But going by what you said that you are preparing for CA Inter, assuming that your highest qualification is 10+2, this answer is being written. You need to have passed your 10+2 with Physics, Chemistry, Mathematics and English as your subjects from any recognised Board or University. You need to have an aggregate of minimum 75% in Physics, Chemistry, Mathematics/Biology and 65% in these subjects individually. Which means you need to score 65% in Physics, 65% in Chemistry and 65% in Mathematics/Biology. For admission into B.Tech you need to have studied and scored those aggregates in Physics, Chemistry and Mathematics and for B.Pharmacy, the subjects are Physics, Chemistry, Biology. 

Hey,

It actually depends on your calling whether you want to take up CA or ACCA.

CA from ICAI is the only one qualification that allows a person to practice as a Chartered Accountant in India and the Association of Chartered Certified Accountants or ACCA can be called a truly global charterd accountancy qualification.

CA requires a lot of patience as it takes around 4-5 years but with ACCA it takes you around 2.5 years,that means you can start your career quite early and also if you are a working professional then your time will be saved.But if you are planning to start your own practice or if you are willing to be a partner in any Indian CA firm,then go for CA.

But it all depends on your interest and passion.

Hope this helps.

Dear Karthik, ICAI has made major changes to its curriculum. What previously was known as CA CPT is know known as CA Foundation. The other levels are CA Intermediate and CA Final. To start your journey, you should be registered with ICAI to be eligible to appear for CA Foundation. 

CA Foundation: While there is no particular stream in which students should have pursued their studies, it is mandate to have passed 10+2 to be eligible for CA Foundation. There is a 4 month study period that is mandatory and needs to be completed before appearing for the exams. There are 4 papers in this exam and to be qualified its important to pass in all the papers with a minimum aggregate of 40% individually and a total aggregate of 50%. 2 papers are Objective type and 2 papers are Subjective type with negative marking for 2 papers. The subjects are Principles and Practises of Accounting, Business alaw & Business Correspondence and Reporting, Business Mathematics & Logical reasoning and Statistics, Business Economics & Business Commercial and Knowledge. For example, the score should be 40/40/40/40 in every subject and 50% overall. Even if a student gets 50% or above overall but doesnt get 40% in any one subject, he/she doesn't qualify. He/She is considered failed. And in the same manner, even if he/she passes all subjects but scores less than 50% over all, again he/she is considered failed. The 4 months training period should be able to equip the students with the required knowledge on all these subjects and that's the reason why it is not necessary to have a Commerce background in  10+2. The exams are held in May and November of every year. 

CA Intermediate:  This is the 2nd level of becoming a CA. There are 2 routes for this phase. One is completing CA Foundation and the other is a direct entry.  Graduates/Post graduates of Commerce/Non Commerce background can directly join CA Intermediate provided they clear their qualifying examination with the required aggregate. You need to be  registered with ICAI for CA Intermediate for both the ways. There are 8 papers in CA Intermediate that are both Subjective and Objective type. And the same pass rule applies here as well. Should score above 40 in each subject with an average aggregate of 50%. The subjects are divided into 2 groups. Group 1 has Accounting, Corporate Laws and other Laws, Cost and Management Accounting, Taxation. Group 2 has Advanced Accounting, Auditing and Assurance Enterprise Informations Systems and Strategic Management  and Financial Management and Economucs for Finance. For Direct entry Commerce Graduates,  it is important to have 50% aggregate in their qualifying examination and for Non Commerce Graduates, 60% aggregate is mandatory. And then there is a mandate period of Orientation period and study period. In CA Intermediate as well, the exams are conducted in May and November of every year. 

CA Final: The Chartered Accountants Final Exam has 2 groups namely Group 1 and Group 2. Group 1 has Fiancial Reporting, Strategic Financial Management, Advanced Auditing and Professional Ethics, Corporate and Allied Laws. Group 2 has Advanced Management Accounting, Information Systems Control and Audit, Direct Tax Laws and Indirect Tax Laws. The eligibility is that you should have passed your CA Intermediate and registered with ICAI. You should have completed the mandatory 12 months Practical Training or Articleship or should be in the 12th month of training by the time of examinations. And the pass rule applies here as well. After the succesful completion of all these levels, you are now a qualified CA. 

This information is relevant until ICAI modifies its curriculum.

Hi Ajay,

You can apply for CAT in the final year of graduation. To prepare for the exam, you should start preparing for it at least 6-8 months in advance. However, it actually depends on your level of knowledge of the topics covered in the CAT exam which are Verbal Ability & Reading Comprehension, Data Interpretation & Logical Reasoning, and Quantitative Aptitude. You can refer to Arun Sharma's books to prepare for the exam. Also, join a coaching institute to get timely guidance if you feel. 

Good luck.