I have completed 12th with pcm, can i do ca. But i doesn't have basic knowledge about account. So, tell me whole procedure
Hello
Actually I want to have a talk with someone who already experienced his/her life of becoming a CA with pcm in 12th
So can I get a chance to talk to someone regarding this as I m really very very confused regarding my future of becoming a CA
The process to become a Chartered Accountant (CA) is as following:
First you will have to do Registration for the CPT (Common Proficiency Test):
Get pass the CPT(Common Proficiency Test):
You can appear in CPT examination after you appear in the 12th exam and after completion of period of 60 days from the date of registration for CPT and that's highly unlikely because you are still new to commerce
So, you will need to give extra time.
Then the next process is Registration of the IPCC level:
IPCC stands for Integrated Professional Competence Course would be the next stage after passing the CPT .
The 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.
IPCC 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.
ITT (Information Technology Training) and Orientation Course:
You 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:
You 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, you can appear for Group 2 in next attempt after Group 1 attempt or during Articleship.
Keep in mind that you can register for the Articleship after passing the only Group 1 also.
Registration for the Articleship:
Articleship is important and is a part of the overall process. You 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:
This will be Final process and you need to register for C.A Final Course after passing both the groups of IPCC.
Pass the CA Final Exam:
You need to pass the group 1 and 2 of the CA Final to complete the process successfully.And do remember to complete the Articleship
I hope this helps.
.
Hello ujjwal.
In my beleif it'll not be difficult if you take the entrance very seriously. You will find many people saying that CA entrance (CPT or CA foundation) is very easy but believe me it's going to be not so easy for you because you are from a Science background. Yes, it can bedi fficult, but only in the initial stages.
Let's see what advantages or disadvantages you have compared to a person who has commerce at +2 level (subject wise):
Accounts - a commerce student would have a huge headstart over you. You'll have to work harder here
Audit - we had no audit subject at +2 level. But understanding financial statements does ease the understanding of audit
Law - no law in school. This is totally new subject for commerce students too
IT - if anything, science background will only make it easier to understand
Business management - not much relation to commerce as such, should not be difficult
Taxation - no taxation at school level even in commerce, so it's same for science students too
Cost accounting - being from science, it will be easier for you because it is mostly mathematics
Financial management - same as cost accounting
So as you see, you have more advantages than disadvantages. So you can go ahead.
Thank you.