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Chartered Accountancy (CA)

The Institute of Chartered Accountants of India (ICAI), a statutory organization, governs and upholds the chartered accountant profession in India, encompassing accounting, auditing, taxation, and financial assessment for individuals and organizations. As a premier commerce institute in Kerala, we prepare aspiring chartered accountants for essential tasks such as filing tax returns, auditing financial statements, registering businesses, maintaining investment records, and preparing financial reports. Additionally, a formally trained CA is qualified to offer consulting services to clients.

Chartered Accountancy (CA)

The Institute of Chartered Accountants of India (ICAI), a statutory organization, governs and upholds the chartered accountant profession in India, encompassing accounting, auditing, taxation, and financial assessment for individuals/organizations. This profession involves tasks such as filing tax returns, auditing financial statements, registering businesses, maintaining investment records, and preparing financial reports. Additionally, a formally trained CA is qualified to offer consulting services to clients.

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Why CA Course?

The competence of the company's CA is vital for financial stability as they offer advice and safeguard against fraud and financial irregularities. The CA field provides excellent career prospects with steady advancement, a lucrative title, and increasing salary packages based on experience and expertise.

Course Structure

The CA course comprises three levels: CA Foundation, CA Intermediate, and CA Final. Certification also mandates a 2-year articleship.

The Logician Perspective

FAQ

Students from non-commerce streams can also choose CA; they can start with the foundation course after the 12th or select direct entry after graduation.

The passing score for CA exams is at least 40% in individual subjects and 50% in aggregate.

The candidate applying for the CA Foundation exam should have successfully passed 12th grade, and the candidate applying for the CA Inter level must have graduated or have cleared four papers in the CA Foundation exam.

There is no maximum age-limit for the CA course. A minimum age should be 17 years (Class 12 pass). A finance or accounting professional can pursue the CA course at any phase of their career.

Graduates/Post-Graduates in Commerce (with minimum 55% marks) or Graduates/Post-Graduates other than in Commerce (with minimum 60% marks) or Intermediate level passed candidates of Institute of Company Secretaries of India/Institute of Cost Accountants of India are eligible for registration to Intermediate Course through Direct Entry Route.

You can register provisionally for the CA Intermediate Course through Direct Entry Route. After completing the Graduation with requisite marks and completion of eight months of study period in Intermediate Course from the date of provisional registration, you would become eligible to appear in Intermediate Examination.

The CA Foundation Exam is conducted by the Institute of Chartered Accountants of India (ICAI) three times a year

A candidate has a maximum of 6 attempts to clear the Foundation examination. The six attempts are generally valid for three years from the date of registration.

No, Chartered Accountancy exams are paper-based.

Yes, there is negative marking of 0.25 marks for every wrong answer in Objective Type papers.

The passing mark for CA Final is minimum of 40% aggregate in each individual subject and 50% aggregate of all the subjects at one sitting in either both the groups or a single group. Candidates who do not score the minimum percentage, have to take the exam again in the next cycle.

The duration to complete each paper in CA exams is 3 hours.

Yes, the CA articleship is mandatory for students to complete to be eligible to appear for the CA Final examination. The articleship is a three-year program that involves practical training under the guidance of a chartered accountant (CA). During the training, students gain real-world exposure to the field of accountancy and are involved in various tasks related to: Auditing, Taxation, ROC compliances, Filing tax returns, and Preparing financial statements

Course Explained

Chartered Accountancy

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