Sunday, May 29, 2011

Requirements for becoming a Chartered Accountant


Requirements for becoming a Chartered Accountant
Under  the  existing  chartered  accountancy  scheme  of  education,  training  and  examination,  the
requirements for becoming a chartered accountant are as follows: 
(i) Enrol  with  the  Institute  for  Common  Proficiency  Test  (CPT)  after  passing  class  10
th 
examination  conducted  by  an  examining  body  constituted  by  law  in  India  or  an  examination 
recognized by the Central Government as equivalent thereto. 
(ii) Appear  in CPT  after  appearing  in  the  senior  secondary  examination  (10+2 examination)  
conducted  by  an  examining  body  constituted  by  law  in  India  or  an  examination recognized  by  
the  Central  Government  as  equivalent  thereto  and  after  completion  of  specified period (60 days) 
from the date of registration for CPT with the Board of Studies as on the first day of the month in 
which examination is to be held, viz., students registered on or before 1st April/1st October will be 
eligible to appear in June/December examination, as the case may be. However, candidate   should   
pass   both   CPT   and   10+2   before   registering   for   Integrated   Professional  Competence 
Course (IPCC). 
(iii) Enrol for Group I or Group II or for both Group I and Group II of  Integrated Professional 
Competence  Course  (IPCC)  to  become  “Chartered  Accountant”. 
(iv) Successfully complete 9 months of study course from the date of IPCC registration. 
(v) Successfully  complete  Orientation  Course  of  one  week  spanning  35  hours  and  covering 
topics,   such  as   personality  development,   communication   skills,   office  procedure,   business 
environment, general commercial knowledge, etc., before commencement of articled training. 
(vi) Successfully complete 100 hours Information Technology Training (ITT) before commencement 
of articled training. 
(vii) Appear  and  pass  Group  I  as  well  as  Group  II  of  Integrated  Professional  Competence 
Examination (IPCE). Group I is composed of four papers and Group II is composed of three papers. 
(viii) Register as Articled Assistant for a period of 3 years, on passing either Group I or both the 
Groups of IPCE. 
(ix) Register for CA Final Course and prepare for CA Final Examination. 
(x) Undergo General  Management  and  Communication  Skills (GMCS) (15 days) course while 
undergoing Final Course and serving the last 12 months of articled training. 
(xi) Complete 3 years period of articled training. 
(xii) 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 preceding the month in which the 
examination is to be held. 
(xiii) Pass final examination and complete GMCS, if not completed earlier. 
(xiv) Enrol as a member of ICAI and designate as “Chartered Accountant”. Chartered Accountancy Course (CPT+IPCC+Final)
No
Yes
Pass Class 10 Examination
Register with the Board ofStudies
for Common Proficiency Test
Is the specified
period of 60 days
after
registration over?
Appear and Qualify CPT
and 10+2 Examination
Appear and Pass in Both Groups/ Group I of IPCE
after completion of 9 months study course
Join CA Final Course
Simultaneously study and appear
in 10+2 Examination
Undergo
35 hours
Orientation
Programme and
100 hours ITT
Join IPCC
Join 3 Years Practical Training
after passing Group I of IPCE
Acquire Membership of ICAI
Appear and Qualify CA Final
Examination while serving
last 6 months of Articled Training
Appear and Qualify Group II of
IPCE if not qualified earlier
Undergo 15 days Course
on General Management and
Communication Skills after
2 Years of Article TrainingHow to become an Accounting Technician
(i) Enrol  with  the  Institute  for  Common  Proficiency  Test  (CPT)  after  passing  class  10
th 
examination  conducted  by  an  examining  body  constituted  by  law  in  India  or  an  examination 
recognized by the Central Government as equivalent thereto. 
(ii) Appear  in CPT  after  appearing  in  the  senior  secondary  examination  (10+2 examination)  
conducted  by  an  examining  body  constituted  by  law  in  India  or  an  examination recognized  by  
the  Central  Government  as  equivalent  thereto  and  after  completion  of  specified period (60 days) 
from the date of registration for CPT with the Board of Studies as on the first day of the month in 
which examination is to be held, viz., students registered on or before 1st April/1st October will be 
eligible to appear in June/December examination, as the case may be. However, candidate   should   
pass   both   CPT   and   10+2   before   registering   for   Accounting Technician Course (ATC). 
(iii) Enrol for ATC. 
(iv) Successfully complete 9 months of study course from the date of ATC registration. 
(v) Successfully  complete  Orientation  Course  of  one  week  spanning  35  hours  and  covering 
topics,   such  as   personality  development,   communication   skills,   office  procedure,   business 
environment, general commercial knowledge, etc. 
(vi) Successfully complete 100 hours Information Technology Training (ITT). 
(vii) Appear  and  pass  Accounting Technician Examination (ATE) (i.e. Group  I  of  Integrated  
Professional  Competence  Examination (IPCE)) comprising of four papers. 
(viii) Successfully complete one year work experience under a chartered accountant in practice or 
in industry. 
(ix) Get Accounting Technician Certificate. 
(x) Designate as “Accounting Technician”. How to become a CA, even after becoming Accounting Technician
(i) Enrol for Group II of Integrated Professional Competence Course (IPCC). 
(ii) Register as an Articled Assistant for a period of 3 years. 
(iii) Appear  and  pass  Group  II  of  Integrated  Professional  Competence  Examination (IPCE) 
comprising of three papers. 
(iv) Register for CA Final Course and prepare for CA Final Examination. 
(v) Undergo General  Management  and  Communication  Skills (GMCS) (15 days) course while 
undergoing Final Course and serving the last 12 months of articled training. 
(vi) Complete 3 years period of articled training. 
(vii) 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 preceding the month in which the 
examination is to be held. 
(viii) Pass final examination and complete GMCS, if not completed earlier. 
(ix) Enrol as a member of ICAI and designate as “Chartered Accountant”. 
for more details click here  http://www.icai.org/

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