Can we directly get admission for chartered accountant? Explain in detail.
Hii
There is no college for CA. Its a professional Course which is completed through various exams taken place in different stages.
To become Chartered Accountant you need to give Common Proficiency Test commonly known as CA CPT is an entry level test conducted by ICAI for Chartered Accountancy course.
Following is the detail analysis of C.A. Course-
C. A. Course comprises of 4 Important Levels
1) Common Proficiency Test (CPT)
2) Integrated Professional Competence Course (IPCC)/IPC
3) Three years Articleship/ Training under a Practicing C.
4) C. A. Final
Take
CPT
examination after you appear in the 12th exam and after completion of period of 60 days from the date of registration for CPT.
IPCC
- Integrated Professional Competence Course would be the next stage
after p[assing the CPT and 12th Level. Passing the CPT and 12th
exam is mandatory without wich one would not able to register for IPCC.
Generally, the registration for the IPCC must be done well in advance
that is before 9 months of the IPCC exam.
- PCC level contains total 7 papers (Group 1+ Group 2).
- Group - 1 - four papers
- Group - 2 - is composed of three papers.
-
Passing the Group - I, is necessary for commencing an Articleship.
Candidates
need to complete 100 hours Information Technology Training (ITT).
Before registering for Articleship, Orientation and ITT should be
completed. The Orientation Course of one week which is a 35 hours of
length and covers topics, such as, communication skills, personality
development, business environment, office procedure, general knowledge
of commercial aspects, etc.
Register for IPCC and pass the Group I Exam:
Candidates can appear and pass the Group - 1 or Both Groups of IPCE - Integrated Professional Competence Examination.
Appear for and pass the Group II Exam:
After passing the Group 1, candidates can appear for Group 2 in next attempt after Group 1 attempt or during Articleship.
Registration for the Articleship:
Articleship
is important and is a part of the overall process. Candidates need to
register as Articled Assistant for a period of 3 years with a practicing
CA after passing either Group - 1 or both the Groups of IPCE.
Registeration for the C.A Final Course:
Here
is what we can term it the final stage of this time driven process.
This is a Final CA exam and you need to register for C.A Final Course
after passing both the groups of IPCC.
Pass the CA Final Exam: During
the last 6 months of 3 years of articled training you have to register
and pass the CA Final. Candidates are supposed to pass the group 1 and 2
of the CA Final to complete the process successfully.
All the best.