Chartered Accountancy Course: Explore Everything About Eligibility, Future Prospects, Job Opportunities & Much More!

Love crunching numbers? Have a deep interest in taxation and accounting? Then think about pursuing a chartered accountancy course. The demand for skilled professionals who understand the intricacies of finance, taxation, and financial management is on the rise. But, among the various options available, pursuing a chartered accountancy course could be your key to unlocking a world of opportunities. The course is governed by the Institute of Chartered Accountants of India (ICAI). ICAI, a statutory body, oversees and upholds the CA profession. To attain this designation, candidates can follow either the Foundation Course Route, accessible after Class 12, or the Direct Entry Route for those with prior graduation. CA course is a multi-faceted journey into the world of finance and accounting. It’s not just about numbers; it’s about the art of financial stewardship.

But do you know?

In the recently released CA Final May Exam Results by the Institute of Chartered Accountants of India (ICAI), the pass percentages revealed interesting statistics. In Group I, out of 57,067 candidates, 6,795 passed (11.91% success rate). In Group II, 19,438 candidates out of 61,844 passed (31.43% success rate). For those who gave both groups, 8.33% succeeded, with 2,152 out of 25,841 candidates passing the examination.

This means the competition is huge! And we understand researching and understanding each aspect at this age might be tough for you! This is why we are presenting every important aspect in one place. In this blog, we will be covering the CA exam process, eligibility criteria, exam syllabus, important dates, prospects, and a lot more! It’s your passport to an exciting future!

Ready to explore the exciting world of Chartered Accountancy course? Let’s begin…

What is a Chartered Accountancy Course?

The Chartered Accountancy course is a professional qualification and designation that focuses on accounting, auditing, and financial management. It is globally recognized and respected, particularly in countries following the International Financial Reporting Standards (IFRS). Chartered Accountants are highly trained professionals who play critical roles in finance and business.

The chartered accountancy course typically consists of a rigorous and multi-level examination process, including the Foundation, Intermediate, and Final levels, which are administered by a professional body i.e., the Institute of Chartered Accountants of India (ICAI). Beyond exams, CA candidates often complete practical training and gain real-world experience in areas like taxation, audit, and financial analysis, making them well-prepared for a wide range of career opportunities in accounting and finance.

Overview of Chartered Accountancy Course

The Institute of Chartered Accountants of India (ICAI) is a professional public accounting authority established on 1st July 1949 as a statutory body under the Chartered Accountants Act, 1949, India. It was set up to regulate the profession of Chartered Accountants. The ICAI is the world’s leading accounting body, regulator, and developer of professionals in accounting, assurance, taxation, finance, and business advisory services.

Here’s an overview of the Chartered Accountancy course offered by the ICAI (Institute of Chartered Accountants of India):

Particulars	Overview
Name of the Course	CA
Full Form	Chartered Accountancy
Type of Degree	Professional Degree
Governing Institute	ICAI
Total Number	Around 2,84,000 members and 8,00,000 students across the globe
Eligibility Criteria	After Class 12th: Foundation Entry Route After Graduation: Direct Entry Route
CA course levels	CA Foundation CA Intermediate CA Final
CA course Fees	The CA Foundation course costs INR 9,800, while CA Intermediate fees for both groups are INR 18,000. CA Final varies: Group 1 – INR 13,000, Group 2 – INR 22,000.
Official Website	https://www.icai.org/

You Should know – CA Course Details After 12th

How to become a CA in India?

Want to know how to become a CA in India? You need to read this section for complete understanding.

The path to becoming a Chartered Accountant in India offers two distinct routes, each with its own set of eligibility criteria. Whether you opt for the Foundation or Direct Entry route, thorough preparation and dedication are essential to successfully navigate the challenging examinations and training ahead. The CA profession demands commitment, financial expertise, and a strong understanding of various aspects of accounting and business management.

Foundation Route Eligibility Criteria

Academic Qualifications

• Candidates must have passed Class 12.
• Completion of a four-month study period after CA registration is necessary to appear for the Foundation examination.

Direct Entry Route Eligibility Criteria

Graduates/postgraduates from The Institute of Cost Accountants of India or The Institute of Company Secretaries of India can directly register for the Intermediate course, bypassing the Foundation. However, they must follow the following eligibility criteria to become a CA in India.

Educational Qualifications for Commerce Graduates/Postgraduates

• Candidates from a Commerce background need at least 55 percent aggregate or an equivalent score in their qualifying examinations.
• They must have studied subjects like Accounting, Auditing, Corporate Law, Economics, and more.

Educational Qualifications for Non-Commerce Graduates/Postgraduates

• Non-Commerce graduates/postgraduates should have a minimum of 60 percent aggregate or an equivalent grade from a recognized University.
• A broad range of subjects is considered, including those from open universities.

Provisional Registration

• Candidates in their final year of graduation can provisionally register for the Intermediate course.
• Regularization of registration is contingent upon submitting the final year mark sheet or passing certificate within six months of the final year graduation examination.
• Successful completion of ICITSS (Orientation Course and Information Technology) is mandatory during provisional registration.

We hope we have covered everything on how to become a CA in India! If you still have questions, why don’t you reach out to our expert career counselors? If you looking for expert guidance in Kolkata, check out – Career Counselling in Kolkata.

Skills Required for Chartered Accountancy Course

Before you start pursuing a chartered accountancy course, you must understand that you need to have the following skills.

Skill	Description
Financial Acumen	Understanding of financial principles and concepts.
Accounting Expertise	Proficiency in accounting and bookkeeping.
Audit Skills	Ability to conduct financial audits effectively.
Taxation Knowledge	Knowledge of tax laws and regulations.
Legal Compliance	Understanding of corporate and financial laws.
Analytical Thinking	Critical thinking for problem-solving.
Attention to Detail	Precision in financial analysis and reporting.
Time Management	Efficiently manage workload and deadlines.
Communication Skills	Effective written and verbal communication.
IT Proficiency	Familiarity with accounting software and tools.
Ethical Integrity	Adherence to professional and ethical standards.
Decision-Making	Ability to make sound financial decisions.
Risk Management	Identifying and mitigating financial risks.
Problem-Solving	Resolving complex financial issues.
Continuous Learning	Keeping up-to-date with industry changes.

These skills are essential for a successful career as a CA, enabling individuals to excel in various aspects of financial management, auditing, and advisory services.

Now, after understanding everything about the eligibility requirements and skill requirements, it’s time to explore different phases/levels of the CA course.

Levels of Chartered Accountancy course

Becoming a Chartered Accountant (CA) in India is a coveted dream, entailing rigorous preparation and dedication. The CA journey is divided into 3 distinct stages, each with its challenges and prerequisites. Let’s break down the levels of the CA course:

Chartered Accountancy Course: Foundation

The starting point for aspiring CAs, the CA Foundation course is an entry-level exam, testing proficiency in commerce. It requires registration after clearing the HSC exam, while graduates can opt for the Direct Entry route. The course consists of four subjects and is held biannually in June and December. A minimum of 40% in each subject or a 50% aggregate score is necessary for success.

Chartered Accountancy Course: Intermediate

Upon clearing the Foundation course, candidates can register for the CA Intermediate exam. It’s conducted in May and November, with registration valid for four years. The syllabus comprises two groups, each with four subjects, and nine months of preparation time is provided after the Foundation exam. Graduates can directly enter this stage, but they must complete nine months of practical training. This stage demands comprehensive coaching and is best prepared with expert guidance.

Chartered Accountancy Course: Final

The pinnacle of the CA journey is the CA Final examination. Registration is possible during the last six months of the Articleship period, with a five-year validity. This exam is held in May and November annually, featuring two groups, each with four subjects. Candidates must secure a minimum of 40% in each subject or a 50% aggregate score. CA Final is considered the most challenging stage, necessitating specialized coaching for success.

Important Points to be considered

After passing both groups of CA Intermediate, candidates must undergo three years of mandatory Articleship training, gaining practical exposure in areas like GST, Income Tax, and Audit. A four-week Integrated Course of Information Technology and Soft Skills (ICITSS) is also required after one year of Articleship. It is recommended to clear both groups before commencing Articleship.

Let’s explore each level one by one…

CA Foundation Course

Take a deep breath before we start proceeding because the next sections are very crucial for your journey to become a CA….

Eligibility to pursue CA foundation course

A Candidate who has passed the Senior Secondary (10+2) examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government or the State Government as equivalent is eligible for the CA Foundation course.

Marking Scheme

A candidate is declared to have passed the Foundation examination if he/ she acquires a minimum of 40% marks in each paper and over 50% minimum marks in the sum of all papers.

Registration Process

The Institute of Chartered Accountants of India (ICAI) has streamlined the registration process for aspiring Chartered Accountants, making it efficient and hassle-free. Here is a step-by-step guide for registering for the CA Foundation Course:

1. To initiate the registration for the CA Foundation Course, visit the official ICAI portal at https://www.icai.org/post/students-services.
2. On the ICAI portal, click on the “Entry level forms [Foundation and Intermediate (Direct Entry)]” link to access the relevant registration forms.
3. Ensure you have a valid email address and mobile number as they are essential for the OTP-based registration process.
4. Complete the registration process by submitting self-attested soft copies of required documents through the portal. This centralized system eliminates the need for in-person visits and physical document submissions.
5. Once you’ve successfully submitted the forms and documents, the Institute will verify the provided information and documents. After verification, your registration for the CA Foundation Course will be confirmed.
6. Upon confirmation, you’ll receive details on how to order study material through the centralized distribution system portal, icai-cds.org.

By following these steps, you can smoothly and efficiently register for the CA Foundation Course without the need for physical visits or document submissions. ICAI’s self-service portal streamlines the process, making it accessible to aspiring Chartered Accountants.

CA Foundation Registration Fees

Below is the fee structure of the CA foundation level:

Particulars	For Indian Students (INR)	For Foreign Students (US$)
Cost of Foundation Prospectus	200	20
Foundation Registration Fees*	9000	700
Subscription of Student’s Journal (Optional) per year	200	20
Subscription of Member’s Journal (Optional) per year	400	40
Total	9800	780

* For students registering from Jammu, Kashmir, Ladakh, and the North-Eastern states a fee of just 2250/-. They are required to submit self-attested documents, including a Domicile Certificate and Proof of Identity (Aadhaar Card/Passport/Voter ID).

CA Foundation Exam Fees

The CA Foundation Exam fees for EWS, ST, SC, OBC, and General candidates, is ₹1500 for both males and females or transgender individuals when applying online. To stay informed about any updates or changes in these fees, candidates are advised to regularly check the official website of the Institute of Chartered Accountants of India (ICAI).

CA Foundation Syllabus

The CA foundation comprises of following major subjects:

Paper 1: Accounting – 100 Marks

Paper 2: Business Law, Business Correspondence & Reporting– 100 Marks

Paper 3: Quantitative Aptitude – 100 Marks

• Part A: Business Mathematics (40 Marks)
• Part B: Logical Reasoning (20 Marks)
• Part C: Statistics (40 Marks)

Part 4: Business Economics (100 Marks)

Popular Books for CA Foundation Course

1. Principles & Practice of Accounting by PC Tulsian & Bharat Tulsian
2. Grewal’s Accountancy by MP Gupta & BM Agarwal
3. Business Law by Tulsian
4. Mercantile Law by M.C.Kucchal & Vivek Kucchal
5. Quantitative Aptitude by Kailash Thakur
6. Business Economics by Bharat Tulsian & PC Tulsian
7. General Economics by SK Agarwal

Apart from the above books, it is advised to have a thorough understanding of each subject from the study material provided by ICAI.

Important Dates for the CA Foundation Exam

For June

Since the entrance exam dates for June 2024 have not been announced yet but for your understanding here’s an overview of important dates of the CA Foundation exam 2024 based on 2023 exam dates.

Particulars	Important Dates (Tentative)	Duration
Paper 1 Principles and Practice of Accounting	June 2024	3 hours
Paper 2: Business Law, Correspondence, & Reporting	June 2024	3 hours
Paper 3: Business Mathematics, Logical Reasoning and Statistics	June 2024	2 Hours
Paper 4: Business Economics and Business and Commercial Knowledge	June 2024	2 Hours

For December

Here’s the information on Important dates for the December 2023 Exam:

Particulars	Important Dates	Duration
Paper 1 Principles and Practice of Accounting	31st December 2023	3 hours
Paper 2: Business Law, Correspondence, & Reporting	2nd January,  2024	3 hours
Paper 3: Business Mathematics, Logical Reasoning and Statistics	4th January 2024	2 Hours
Paper 4: Business Economics and Business and Commercial Knowledge	6th January 2024	2 Hours

For more information: refer to this official link – https://www.icai.org/category/examination-students

Tips to Establish a Successful Career as a Chartered Accountant

CA Intermediate

In this section, we will talk about the next level which CA Intermediate Level.

Eligibility to pursue CA Intermediate course

To embark on the CA Intermediate course in India, aspiring candidates must meet specific eligibility criteria. These criteria, which are outlined below, provide a clear understanding of who is eligible to pursue this crucial stage of becoming a Chartered Accountant:

1. Foundation Course Qualification: Individuals who have successfully cleared the CA Foundation Course are automatically eligible to enter the CA Intermediate level.
2. Direct Entry for Graduates: Graduates or postgraduates from recognized universities with a minimum of 55% marks in Commerce or 60% marks in other streams can opt for direct entry into the CA Intermediate course. This requires a specific aggregate in relevant subjects such as Accounting, Auditing, Corporate Laws, Taxation, and more.
3. Qualification from Other Professional Institutes: Candidates who have passed the Intermediate level examination from The Institute of Cost Accountants of India or The Institute of Company Secretaries of India are exempt from the Foundation Course and can directly register for the CA Intermediate course.
4. Provisional Registration for Final Year Students: Those in their final year of graduation or post-graduation programs can provisionally register for the CA Intermediate Course. However, they must provide proof of meeting the minimum marks criteria before applying for the Intermediate Examination.

These eligibility pathways make the CA Intermediate course accessible to a diverse range of candidates, ensuring that individuals with varying educational backgrounds can pursue their dream of becoming a Chartered Accountant.

Marking Scheme

The CA Intermediate Exam in India is a rigorous assessment comprising eight papers, categorized into two groups, each with a weightage of 100 marks. This accumulates to a total of 800 marks for the entire examination. It’s essential to understand that there is no provision for internal choice in subjective questions, compelling candidates to address every question within the allocated time.

The marking scheme for CA Intermediate demands thorough preparation and a comprehensive understanding of the subject matter. Success hinges on achieving the requisite passing score, emphasizing the importance of holistic exam readiness and consistent performance across all papers.

Registration Process

The ICAI has streamlined the registration process for aspiring CA Intermediate Candidates, making it efficient and hassle-free. Here is a step-by-step guide for registering for the CA Intermediate Course:

1. Visit the ICAI Self-Service Portal at https://www.icai.org/post/students-services. Here, students must submit self-attested documents, eliminating the need for physical visits or document submissions.
2. Direct Entry students can complete their registration by filling out the Online Registration Form provided on the Entry level forms page, covering both Foundation and Intermediate (Direct Entry).
3. For Foundation route students seeking to switch to Direct Entry, the Self-Service Portal facilitates the conversion process. This step allows for a more flexible approach based on the individual’s progress.
4. Upon successful registration, students can order their study materials through the Centralized Distribution System (CDS) Portal at icai-cds.org, ensuring they have the necessary resources to embark on their CA Intermediate journey.

This streamlined online process enables efficient management and administration of student registrations, enhancing convenience and accessibility for aspiring Chartered Accountants.

Chartered Accountancy Course Intermediate Registration Fees

Below is the fee structure of the CA Intermediate level:

Particulars	For Indian Students (INR) – Both Groups	For Foreign Students (US$) – Both Groups
Registration Fees	15000 (to be paid once)	–
Students’ Activities Fee	2000	–
Registration fee as articled assistant	1000	–
Total	18,000	1000

Important points:

1. Concession for Specific Regions: Students from Union Territories of Jammu, Kashmir, Ladakh, and North-East States can benefit from a 75% fee concession for the CA Intermediate registration course. This concession initially applied from September 20, 2019, to March 31, 2022, but it has been extended until March 31, 2025. Importantly, this extension now includes students from the Andaman and Nicobar Islands.
2. Wards of Deceased Members: As of April 1, 2022, the intermediate course fee concession of 75% is also available for the wards of deceased members. This initiative aims to provide financial relief and support to eligible candidates pursuing their CA Intermediate journey.

Chartered Accountancy Course Intermediate Examination Fees

The CA Intermediate Exam Fees vary depending on the choice of examination units and the location of the center.

• For candidates in India, appearing for a Single Group or Units 4A to 10 (excluding 8A & 9A) costs INR 1,500, while opting for Both Groups or Units 8A/9A comes to INR 2,700.
• Overseas centers, excluding Kathmandu, have fees of USD 325 for a Single Group or Units 4A to 10 (excluding 8A & 9A) and USD 500 for Both Groups or Units 8A/9A.
• In Kathmandu, the fees are slightly higher, with INR 2,200 for a Single Group or Units 4A to 10 (excluding 8A & 9A) and INR 3,400 for Both Groups or Units 8A/9A.

These fees cover the cost of the CA Intermediate exams, ensuring that candidates are well-prepared for their future careers in accounting and finance.

Chartered Accountancy Course Intermediate Syllabus

The CA intermediate comprises of following major subjects:

Paper 1: Accounting (100 Marks)

Paper 2: Corporate & Other Laws (100 Marks))

• Part 1: Company Law (60 Marks)
• Part 2: Other Laws (40 Marks)

Paper 3: Cost & Management Accounting (100 Marks)

Paper 4: Taxation (100 Marks)

• Section A: Income Tax Law (60 Marks)
• Section B: Goods & Services Tax (40 Marks)

Paper 5: Advanced Accounting (100 Marks)

Paper 6: Auditing & Assurance (100 Marks)

Paper 7: Enterprise Information Systems & Strategic Management (100 Marks)

• Section A: Enterprise Information Systems (50 Marks)
• Section B: Strategic Management (50 Marks)

Paper 8: Financial Management & Economics for Finance (100 Marks)

• Section A: Financial Management (60 Marks)
• Section B: Economics for Finance (40 Marks)

Important Things to Consider Regarding CA Intermediate Syllabus

For CA Intermediate 2023, an updated exam pattern for Papers 2, 4, 6, and 7 is in place. These papers will now comprise 30% objective-type questions, including MCQs of 1 and 2 marks. The remaining 70% of the paper will feature subjective-type questions, necessitating descriptive answers. This change underscores the importance of a balanced approach to exam preparation, covering both objective and subjective aspects of the syllabus. For more information refer to this official website – https://www.icai.org/post.html?post_id=15871

Popular Books for Chartered Accountancy Intermediate Course

Here’s a list of recommended books for CA intermediate courses May or November Exam.

• A Handbook on Corporate and Other Laws for CA Inter by Munish Bhandari
• A Students Handbook on Auditing & Assurance by CA G Sekar & CA B Saravana Prasth
• Accountancy with Quick Revision (For CA-IPC, Group -I) by PC Tulsian
• Auditing and Assurance for CA Inter by CA Surbhi Bansal
• Cost Accounting for CA-IPC by PC Tulsian
• Dinesh Madan’s Information Technology (IT) by Dinesh Madan
• First lessons in Accounting Standards by MP Vijay Kumar
• First Lessons in Advanced Accountancy for CA. IPCC Group – II by M. P. Vijay Kumar
• First Lessons In Business Laws, Ethics AND Communication by MP Vijay Kumar
• Handbook On Taxation by G. Sekhar
• Padhuka’s Students’ Guide For Enterprise Information Systems & Strategic Management by B. Saravana & Prasath G. Sekar
• Padhuka’s Students Handbook on Advanced Accounting by CA G. Sekar & CA B. Saravana Prasath
• Padhukas Students Handbook On Cost and Management Accounting by CA B. Saravana Prasath
• Students Guide on Financial Management and Economics For Finance by B. Saravana Prasath G. Sekar
• Students Handbook on Taxation (Includes Income- Tax Law and Goods and Services Tax Law) by T.N. Manoharan
• Taxmann’s Auditing & Assurance by Pankaj Garg
• Tulsian’s Accountancy: For CA Intermediate Course (Group II) by P. C. Tulsian & Bharat Tulsian

Apart from the above books, it is advised to have a thorough understanding of each subject from the study material provided by ICAI.

Important Dates for the Chartered Accountancy Course Intermediate Exam

For May

Since the entrance exam dates for May 2024 have not been announced yet but for your understanding here’s an overview of important dates of the CA Intermediate exam 2024 based on 2023 exam dates.

Particulars	Exam Date (Tentative)	Duration
Paper 1: Accounting	May 2024	3 hours
Paper 2: Corporate & Other Laws )	May 2024	3 hours
Paper 3: Cost & Management Accounting	May 2024	3 hours
Paper 4: Taxation	May 2024	3 hours
Paper 5: Advanced Accounting	May 2024	3 hours
Paper 6: Auditing & Assurance	May 2024	3 hours
Paper 7: Enterprise Information Systems & Strategic Management	May 2024	3 hours
Paper 8: Financial Management & Economics for Finance	May 2024	3 hours

For November

Here’s the information on Important dates for the November 2023 Exam:

Particulars	Exam Date	Duration
Paper 1: Accounting	2 November 2023	3 hours
Paper 2: Corporate & Other Laws )	4 November 2023	3 hours
Paper 3: Cost & Management Accounting	6 November 2023	3 hours
Paper 4: Taxation	8 November 2023	3 hours
Paper 5: Advanced Accounting	10 November 2023	3 hours
Paper 6: Auditing & Assurance	13 November 2023	3 hours
Paper 7: Enterprise Information Systems & Strategic Management	15 November 2023	3 hours
Paper 8: Financial Management & Economics for Finance	17 November 2023	3 hours

For more information check the official bulleting by ICAI – https://resource.cdn.icai.org/75398exam60944-inter.pdf

CA Final Course

In this section, we will talk about the next level which CA Final Level.

Eligibility to pursue CA Final course

The CA Final Exam eligibility criteria for the May/November session, under the New Course, are comprehensive and encompass various scenarios for candidates.

Registration for Final New Course

Candidates should have registered or converted to the Final New Course.

Completion or Upcoming Completion of Articled Training

• The candidate must have completed the prescribed period of 3 years or 3½ years, or be due to complete it, including any excess leave, on or before 30^th April (for the May Session) or 31st October (for the November Session)
• In the case of service, the candidate should be serving the last twelve months of articled training, including excess leave, if any, and be due to complete 3 years on or before 30^th April (for the May Session) and 31st October (for the November Session), for PE-II stream students.
• For PCC stream students, the candidate must be in service and serving the last six months of articled training, including excess leave, if any, and due to complete 3½ years on or before 30^th April (for May Session) 31st October (for November Session).
• Intermediate/IPCC/IIPCE students must be in service, serving the last six or twelve months of training, including excess leave, and complete the respective articled training period on or before the specified dates.

Advice for Candidates with Termination

• Candidates who have taken termination are advised to re-register for the balance period of training to meet the eligibility criteria.
• Candidates are encouraged to carefully review these criteria and ensure they fulfill the requirements before applying for the CA Final Exam in May or November Exam.

For more information, refer to the official bulletin – https://resource.cdn.icai.org/75399exam60944-final.pdf

Marking Scheme

The CA Final Exam, comprising eight papers across two groups, demands a minimum of 40 marks on each paper and a total of 400 marks for success. Negative marking is not applicable. Each paper incorporates both descriptive and objective questions, making it a comprehensive assessment of a candidate’s knowledge and skills.

When preparing for the CA Final examination, candidates must be aware of essential details within the marking scheme. Here are some key points to keep in mind:

Elective Papers (Papers 6A to 6F)

• Each elective paper features five case studies, with candidates required to attempt any four.
• Case studies include MCQs worth 10 marks and descriptive questions for 15 marks.
• MCQ answers are marked using OMR sheets, and machine-evaluated.

Papers 3, 4, 7 & 8

• These papers introduced MCQs in May 2019, constituting 30% of the total marks.
• MCQs cover a range of topics and carry 1 or 2 marks each, with no negative marking.
• The remaining 70% of the paper follows the existing assessment pattern.

Understanding these aspects of the CA Final marking scheme is crucial for effective exam preparation, ensuring candidates are well-prepared for both the objective and descriptive components of the papers.

Registration Process

The ICAI has streamlined the registration process for aspiring CA Final Candidates, making it efficient and hassle-free. Here is a step-by-step guide for registering for the CA Final Course:

• Visit the official ICAI website (https://www.icai.org) and navigate to the “Students” tab, then select “Examination” and “Examination Portal.”
• Choose CA Final as your examination type and provide your CA program registration number, along with personal details like date of birth, email, and mobile number. Accept the declaration and click “Register.”
• If your registration number or date of birth doesn’t match ICAI data, register as a Provisional candidate and contact the Helpline.
• Once the first step is completed, go to “Complete your Profile” and enter accurate personal information.
• Verify your email and mobile on the Student Dashboard.
• Upload the required self-attested documents as specified by ICAI.
• Make the payment for CA Final Registration through the Payment portal.
• After successful payment, you’ll receive a confirmation email at your registered email address. Be sure to keep a print of this email for your records.

CA Final Registration Fees

The Registration Fee for CA final course is Rs. 22,000 for Indian students. And for NRI or Foreign Students, it is US$ 1100. ICAI has reduced CA Final registration fees to just INR 5,500 for students from Jammu and Kashmir, Ladakh, and northeastern Indian states. Eligible candidates must apply by March 31, 2022, attaching self-attested domicile certificates and IDs.

CA Final Examination Fees

The CA Final Exam fees for: 

• Indian centers are INR 1,800 for a single group and INR 3,300 for both groups.
• For overseas centers (excluding Kathmandu), it’s USD 325 for a single group and USD 550 for both groups.
• In Kathmandu, the fees are INR 2,200 for a single group and INR 4,000 for both groups.

These fees are essential for candidates aspiring to pursue the Chartered Accountancy qualification in India and abroad.

CA Final Syllabus

The CA Final comprises of following major subjects:

Paper 1: Financial Reporting (100 Marks)

Paper 2: Strategic Financial Management (100 Marks)

Paper 3: Advanced Auditing & Professional Ethics (100 Marks)

Paper 4: Corporate & Economic Laws (100 Marks)

• Section A: Corporate Law (70 Marks)
• Section B: Economic Law (30 Marks)

Paper 5: Strategic Cost Management & Performance Evaluation (100 Marks)

Paper 6: Elective Subjects (100 Marks)

• Risk Management
• International Taxation
• Financial Services & Capital Markets
• Economic Laws
• Multidisciplinary Case Study
• Global Financial Reporting Standards

Paper 7: Direct Tax Laws & International Taxation (100 Marks)

• Part 1: Direct Tax Laws (70 Marks)
• Part 2: International Taxation (30 Marks)

Paper 8: Indirect Tax Laws (100 Marks)

• Part 1: Goods & Service Tax (75 Marks)
• Part 2: Customs & FTP (25 Marks)

Popular Books for CA Intermediate Course

Here’s a list of recommended books for CA Final courses May or November Exam.

• Acing CA: Your Guide to Navigating the CA Journey by Kushal Lodha, 2023
• Corporate and Other Laws by CA. (Dr.) Girish Ahuja
• Taxmann’s Auditing & Assurance (Paper 6 | Auditing) by CA Pankaj Garg, 2023
• Taxmann’s Corporate & Other Laws (Paper 2 | Law) by Pankaj Garg, 2022
• Taxmann’s CRACKER for Cost & Management Accounting (Paper 3 | CMA) by CA Yash Doctor, 2023
• Taxmann’s CRACKER for Taxation with Application Based MCQs & Integrated Case Studies (Paper 4 | Tax) by Dr. Sanjay Kumar Bansal, 2023
• Taxmann’s CRACKER for Accounting (Paper 1 | Accounts) by CA Kapileshwar Bhalla, 2023
• Auditing and Assurance (For CA-IPCC, Group II) by Ch. Pavan Kumar K.

Apart from the above books, it is advised to have a thorough understanding of each subject from the study material provided by ICAI.

Important Dates for the CA Intermediate Exam

For May

Since the entrance exam dates for May 2024 have not been announced yet but for your understanding here’s an overview of important dates of the CA Final exam 2024 based on 2023 exam dates.

Particulars	Exam Date (Tentative)	Duration
Paper 1: Financial Reporting	May 2024	3 hours
Paper 2: Strategic Financial Management	May 2024	3 hours
Paper 3: Advanced Auditing & Professional Ethics	May 2024	3 hours
Paper 4: Corporate & Economic Laws	May 2024	3 hours
Paper 5: Strategic Cost Management & Performance Evaluation	May 2024	3 hours
Paper 6: Elective Subjects	May 2024	3 hours
Paper 7: Direct Tax Laws & International Taxation	May 2024	3 hours
Paper 8: Indirect Tax Laws	May 2024	3 hours

For November

Here’s the information on Important dates for the November 2023 Exam:

Particulars	Exam Date	Duration
Paper 1: Financial Reporting	1 November 2023	3 hours
Paper 2: Strategic Financial Management	3 November 2023	3 hours
Paper 3: Advanced Auditing & Professional Ethics	5 November 2023	3 hours
Paper 4: Corporate & Economic Laws	7 November 2023	3 hours
Paper 5: Strategic Cost Management & Performance Evaluation	9 November 2023	3 hours
Paper 6: Elective Subjects	11 November 2023	3 hours
Paper 7: Direct Tax Laws & International Taxation	14 November 2023	3 hours
Paper 8: Indirect Tax Laws	16 November 2023	3 hours

Chartered Accountancy Course: Future Prospects

The demand for Chartered Accountants in India has been steadily increasing due to economic growth, regulatory changes, and the complexity of financial transactions. CAs are required in various sectors, including finance, taxation, audit, and advisory services.

Freshers can apply for entry-level and junior-level job roles such as Tax Accountant, Bookkeeper, Controller/Comptroller, Auditor, Budget Analyst, Credit Analyst, and Finance Analyst, to name a few. For senior-level roles like Chief Accounting Officer, Chief Financial Officer, Director of Financial Operations, Accounting Vice President, Accounting Director/Manager, Management Accountant, Corporate Accountant, Senior Auditor, Senior Financial Analyst, and so on, you need industry experience and extensive knowledge about the finance, taxation, and legal aspects of business.

The 57th edition of the Campus Placement Programmed for newly qualified Chartered Accountants, conducted in February-March 2023, witnessed remarkable success. With over 10,000 candidates registering, 189 prestigious organizations participated, offering a staggering 5813 jobs. Impressively, 4248 candidates eagerly embraced these opportunities, highlighting the demand for CAs in the job market. The program also showcased the substantial earning potential for CAs, with the highest domestic posting salary reaching an impressive INR 28 lakhs per annum and an average salary of INR 12.45 lakhs per annum.

This exceptional response to the placement program underscores the promising prospects for Chartered Accountants. Their expertise and skill set are highly sought after by diverse industries, ensuring not only job security but also the potential for lucrative financial rewards. Aspiring CAs can look forward to a bright and prosperous career path with abundant opportunities for growth and success.

CA Job Profiles & Salary

Chartered accountants may find work in almost all sectors including public and private limited companies, financial firms, Capital market services, Legal & auditing firms, and so on.

• In publicly/privately owned Chartered Accounting firms,
• In large-scale consulting firms such as Deloitte, KPMG, Barclays, etc.
• In the government sector such as NRHM (National Rural Health Mission), GAIL (India) Limited, Metro Rail Corporation LTD, LIC (Life Insurance Corporation of India), etc.
• In public/private sector banks such as Regional Rural Banks (RRB), Indian Overseas Bank, Punjab National Bank, etc.
• In any mid to large-scale companies across all sectors of industries.

Some of the common specialized job roles of CAs are along with the average salary in India:

Job Profile	Average Salary
Chartered Accountants	Rs. 9.6 LPA
Auditor	Rs. 3.7 LPA
Financial Managers	Rs. 17.3 LPA
Chief Financial Officers	Rs. 46.1 LPA
GST Experts	Rs. 3 LPA
Tax Manager	Rs. 6 LPA
Consultant	Rs. 3.8 LPA
Tax Advisor	Rs. 3.2 LPA
Management Accountant	Rs. 8.5 LPA
Business Analyst	Rs. 9.2 LPA

Please note that these salary ranges are approximated and are sourced by the writer from Ambition Box; Glassdoor; or PayScale. They can vary based on factors like experience, location, and the specific organization you work for. Additionally, your personal aptitude and interest in the field should also play a significant role in your career choice. It’s essential to research and explore your options thoroughly before deciding.

Chartered Accountancy Course: Top Recruiters

Some of the top recruiters after pursuing a chartered accountancy course:

• Deloitte
• ICICI Bank
• HDFC Bank
• Kotak Mahindra Bank
• BDO
• Aiyar & Co
• Ernst & Young (EY)
• Grant Thornton International
• Hindustan Unilever Ltd
• Khanna & Annadhanam
• KPMG
• Lodha & Co.
• Luthra & Luthra
• PriceWaterhouseCoopers (PWC)
• RSM International
• S Aiyar & Co.
• SS Kothari Mehta & Co.
• Suresh Surana & Associates LLP
• TR Chadha & Co.

And many more….

Final Words!

The Chartered Accountancy course in India is a rigorous and prestigious journey that demands commitment, dedication, and a deep understanding of various aspects of accounting, finance, and corporate law. With multiple stages, including the Foundation, Intermediate, Articleship, and Final examinations, aspiring Chartered Accountants need to navigate through a comprehensive curriculum and practical training. The CA designation not only signifies expertise but also opens doors to diverse career opportunities.

However, the path is challenging, but with the right guidance and determination, countless individuals have successfully achieved their dream of becoming a Chartered Accountant in India. It remains a highly respected and sought-after profession for those who aspire to excel in the world of finance and business. So, want to embark on your career in this field? Looking for expert guidance in choosing the right course after the 11th and 12th? Look no further than iDreamCareer! Our comprehensive career guidance product provides personalized insights, aptitude assessments, and expert counseling to help you make informed decisions. With our in-depth knowledge of experts, you can select the right course and college. Our experts will assist you in selecting the perfect path for your future. Visit our website iDreamCareer to embark on your journey towards a successful career!

Useful Links

1. CA in Canada
2. CPT Exam
3. CA: All you need to Know
4. Things You Should Know Before Commerce Stream
5. Become A Chartered Accountant in the UK

Chartered Accountancy Course: FAQs