A rewarding and high profile career, Chartered Accountancy, not only equips you with the necessary knowledge and technical skills in the field of accountancy, but also develops managerial outlook in you to successfully handle even the most critical problems. The profession is quite challenging, lucrative as well as prestigious. For the deserving ones, the placements are not only available in top-notch management hierarchy but also in most of the corporate offices, government and international organizations. There is ample scope and suitable rewards for setting up your own establishment for professional practice or rendering consultancy services.
How to become a Chartered Accountant/ Steps to become a Chartered Accountant
- The first step is to enrol with the Institute for Common Proficiency Test (CPT) after passing 10th examination
- Appear in CPT after appearing in the senior secondary examination (10+2) conducted by an examination body constituted by law in India or an examination recognized by the Central government or equivalent thereto and after completion of specified period (60 days) from the date of registration for CPT with the board of studies, students registered on or before 1st April/ 1st October will be eligible to appear in June/ December examination, as the case may be.
- Register for Integrated Professional Competence Course (IPCC)
- Enrol for Group I or Group II or both of Integrated Professional Competence Courses (IPCC)
- Successfully complete 9 months of study course from the date of IPCC registration.
- Successfully complete orientation course of 1 week spanning 35 hours.
- Successfully complete 100 hours Information Technology Training (ITT) before commencement of articled training.
- Appear and pass Group I as well as Group II of Integrated Professional Competence Examination (IPCE). Group I is composed of 4 papers and Group II is composed of 3 papers.
- Register as Articled Assistant for a period of 3 years, on passing either Group I or both the Groups of IPCE
- Register for CA Final Course and prepare for CS Final Examination.
- Undergo General Management and Communication Skills (GMCS) (15 days) course while undergoing Final Course and serving the last 12 months of articled training
- Complete 3 years period of articled training
- Appear in the Final Examination on completion of the practical training or while serving last 6 months of articled training on or before the last day of the month proceeding the month in which the examination to be held.
- Pass final examination and complete GMCS, if not completed earlier.
- Enrol as a member of ICAI and designate as “Chartered Accountant”.