CA Course Details 2024 – ICAI Registration, Eligibility, Fee, Last Date, Subjects, FAQs

CA course Details 2024: The Chartered Accountancy (CA) course offered by the Institute of Chartered Accountants of India (ICAI) is one of the most prestigious and sought-after professional courses in India. It is a challenging course that requires extensive knowledge and practical training in various aspects of accounting, taxation, auditing, financial management, and corporate laws.

This article provides a comprehensive overview of the CA course, including its registration procedure, eligibility criteria, fee structure, last date to apply, course subjects, and frequently asked questions. Whether you are a student aspiring to become a CA or a professional looking to enhance your skills and career prospects, this article will help you gain a deeper understanding of the CA course and its requirements.

CA Course Details 2024 – An Overview

CourseCA
Full-FormChartered Accountancy
Conducting BodyICAI
Duration5 Years
Course FeeCA FoundationCA InterCA Final
Levels3 Levels+ Articleship
Course TypeProfessional Course
CA Course Eligibility50% in Class 12th
CA salary in India7-8 Lakhs
Job RoleAccountant, Banker, Financial Manager, Consultor, Auditor

What is CA (Chartered Accountant)?

CA in India stands for Chartered Accountant, which is a professional course regulated by the Institute of Chartered Accountants of India (ICAI). A Chartered Accountant is a professional who provides financial advice, auditing services, taxation services, and other financial management services to clients. They play a critical role in ensuring that the financial statements of an organization are accurate and comply with the relevant laws and regulations.

How to Become CA in India?

To become a Chartered Accountant in India, a candidate must complete the CA course, which comprises three levels – Foundation, Intermediate, and Final. In addition, the candidate must also complete a 3-year practical training period (Articleship) under a practicing Chartered Accountant.

  1. Enrol for the Foundation Course after passing Class 10th Examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto.
  2. Register for the Foundation Course on or before the 1st day of January or the 1st day of July for the examination to be held in the months of May/June or November/December respectively.
  3. Appear in Foundation Examination after appearing in the Senior Secondary Examination (10+2 examination) conducted by an examining body constituted by law in India or an examination recognised by the Central Government as equivalent thereto and on complying with (ii) above.
  4. Join Intermediate Course after passing class 12th and Foundation Examination.
  5. Undergo Four Weeks Integrated Course on Information Technology and Soft skills (ICITSS) consisting of Courses on Information Technology and Orientation Course at the earliest but these are to be completed compulsorily before commencement of their articleship.
  6. Appear in Intermediate Examination on completion of 8 months of study course as on the first day of the month in which the examination is to be held.
  7. Join articled training after passing either of the Group or Both Groups of Intermediate Course and after successfully undergoing ICITSS.
  8. Clear the balance Group (if any) of Intermediate Examination.
  9. Register for Final Course.
  10. Successfully undergo Four Weeks Advanced Integrated Course on Information Technology and Soft skills (AICITSS) consisting of Courses on Advanced Information Technology and Management Communication Skills during the last two years of practical training but before appearing in the Final Examination.
  11. Appear in the Final Examination on completion of the practical training or while serving the 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 after successful completion of AICITSS.
  12. Complete articled training of 3 years.
  13. Pass Final Examination.
  14. Enrol as a member of the ICAI and be designated as “Chartered Accountant”.

Scope of Chartered Accountancy Course in India

The scope of a Chartered Accountant is vast and varied, as they can work in different areas such as accounting, taxation, auditing, financial analysis, investment banking, and more. A Chartered Accountant can work in the following sectors:

  • Public Accounting Firms
  • Corporate Companies
  • Banks and Financial Institutions
  • Government Agencies
  • Consulting Firms
  • Academic Institutions

What is ICAI?

ICAI stands for the Institute of Chartered Accountants of India, which is a statutory body established under the Chartered Accountants Act, 1949. ICAI is the regulatory body for the Chartered Accountancy profession in India and is responsible for the education, training, and regulation of Chartered Accountants in the country.

In addition to conducting the CA course, ICAI also plays a vital role in setting accounting and auditing standards in India. The institute is also responsible for regulating the accounting profession in India and ensuring that its members comply with the relevant laws and regulations.

ICAI is also responsible for conducting various examinations, including the CA Foundation, Intermediate, and Final exams, which are held twice a year. The institute also conducts various other professional development programs and seminars for its members to enhance their knowledge and skills.

ICAI’s CA Course Details 2024

ICAI (Institute of Chartered Accountants of India) is the regulatory body for the CA (Chartered Accountancy) course in India. The CA course is a professional course that trains students to become Chartered Accountants, who are responsible for auditing, taxation, and financial management.

3 Levels of CA Course

The CA course consists of three levels:

  1. Foundation Course: This is the entry-level course for the CA program. The course duration is 4 months, and students who have completed 10+2 or equivalent can enroll for this course.
  2. Intermediate Course: The Intermediate Course has two groups, Group 1 and Group 2. Students who have completed the Foundation Course or have a graduation degree can enroll for this course. The course duration is 8 months.
  3. Final Course: The Final Course also has two groups, Group 1 and Group 2. Students who have completed the Intermediate Course can enroll for this course. The course duration is 12 months.

In addition to the above three levels, students are also required to undergo a 3-year practical training period, which is known as Articleship. The Articleship period can be started after passing the Intermediate level.

Upon completion of the CA course, students become eligible to become a member of ICAI and are granted the designation of Chartered Accountant (CA).

CA Course Eligibility Criteria

To become a Chartered Accountant (CA), a candidate must meet the following eligibility criteria:

  • Must have completed 10+2 or equivalent from a recognized board of education
  • Must have completed the Foundation Course of the CA program
  • Must have completed the Intermediate Course of the CA program
  • Must have completed a 3-year practical training period (Articleship)

CA Course Duration

The duration of CA all levels course:

LevelCourse NameDuration
Level 1CA Foundation4 months (minimum)
Level 2CA Intermediate8 months (minimum) for each group, 1 year 6 months (minimum) for both groups
Level 3CA Final6 months (minimum) for each group, 1 year (minimum) for both groups
TotalCA Duration3-5 Years

Note: The above duration is the minimum time required to complete each level of the CA course. However, the actual time taken by students to complete each level may vary depending on factors such as study hours, coaching classes, and personal commitments.

CA Course Admission and Registration 2024

To get admission to the CA program, a candidate needs to register with the Institute of Chartered Accountants of India (ICAI) online on their website. The registration process for the CA course is open throughout the year. However, to appear for the May/June or November/December exams, the candidate must register before a specific deadline.

CA Course Fee – Foundation, Inter & Final

The fee structure for the CA course varies depending on the level of the course, the type of registration, and the mode of study (online or offline). Here is an approximate fee structure for the CA course:

  • CA Foundation Course Fee: The registration fee for the Foundation course is Rs. 9,000. In addition, there is also a fee for the study material, which is Rs. 1,500.
  • CA Intermediate Course Fee: The registration fee for the Intermediate course is Rs. 22,000. In addition, there is also a fee for the study material, which is Rs. 14,000 for both groups and Rs. 9,000 for one group.
  • CA Final Course Fee: The registration fee for the Final course is Rs. 22,000. In addition, there is also a fee for the study material, which is Rs. 14,000 for both groups and Rs. 9,000 for one group.
LevelCourse NameRegistration FeeExam FeeTotal Fee
Level 1CA FoundationINR 9,000INR 1,500 (for both groups)INR 10,500
Level 2CA IntermediateINR 22,000INR 1,600 (for each group) or INR 3,200 (for both groups)INR 23,600 (for each group) or INR 25,200 (for both groups)
Level 3CA FinalINR 22,000INR 1,800 (for each group) or INR 3,600 (for both groups)INR 23,800 (for each group) or INR 25,600 (for both groups)

Apart from the above fees, there are also other charges such as examination fees, membership fees, and articleship registration fees, which vary depending on the level of the course and other factors.

Required Documents for CA Course Registration

The required documents for ICAI CA Registration are as follows:

For Foundation Course registration:

  • Passport size photograph
  • Signature (scanned)
  • Date of Birth proof (Class X Certificate)
  • Class XII mark sheet (if appeared)
  • Category certificate (if applicable)

For Intermediate Course registration:

  • Foundation Course registration letter
  • Completion of four weeks Integrated Course on Information Technology and Soft Skills (ICITSS)
  • Copy of registration letter and marks statement of the Intermediate Course Examination passed
  • Scanned copy of the prescribed declaration duly signed by the candidate

For Final Course registration:

  • Intermediate Course registration letter
  • Completion of four weeks Advanced Integrated Course on Information Technology and Soft Skills (AICITSS)
  • Copy of registration letter and marks statement of the Intermediate Course Examination passed
  • Scanned copy of the prescribed declaration duly signed by the candidate

For Articleship registration:

  • Scanned copy of the registration letter of the Intermediate Course Examination passed
  • Scanned copy of the registration letter for the Final Course, if registered
  • Consent letter from the Principal of the Chartered Accountant firm where the candidate intends to serve the Articleship
  • Date of Birth proof (Class X Certificate)

How to Apply – CA Course Admission

To apply for the CA course, follow the steps below:

  1. Visit the ICAI website (https://www.icai.org/).
  2. Click on the “Students” tab and select “Course Registration Forms” from the dropdown menu.
  3. Choose the relevant course and fill in the required details.
  4. Upload the required documents and pay the registration fee.
  5. Submit the application form and take a printout of the confirmation page for future reference.

CA Course Subjects

The CA course comprises three levels, namely Foundation, Intermediate, and Final. The course subjects for each level are as follows:

Foundation Course Syllabus

  • Principles and Practices of Accounting
  • Business Law and Business Correspondence and Reporting
  • Business Mathematics and Logical Reasoning and Statistics
  • Business Economics and Business and Commercial Knowledge

Intermediate Course Syllabus

Group 1:

  • Accounting
  • Corporate Laws and Other Laws
  • Cost and Management Accounting
  • Taxation

Group 2:

  • Advanced Accounting
  • Auditing and Assurance
  • Enterprise Information Systems and Strategic Management
  • Financial Management and Economics for Finance

Final Course Syllabus

Group 1:

  • Financial Reporting
  • Strategic Financial Management
  • Advanced Auditing and Professional Ethics
  • Corporate and Economic Laws

Group 2:

  • Strategic Cost Management and Performance Evaluation
  • Elective Papers (choose one from the list of papers)
  • Risk Management
  • Financial Services and Capital Markets
  • International Taxation
  • Economic Laws
  • Global Financial Reporting Standards
  • Multidisciplinary Case Study

Training in Chartered Accountancy Course

Training is the third and compulsory stage of the Chartered Accountancy course. Without completing the training, the students cannot appear in the CA Final exam. The training teaches you the daily responsibilities of a CA.

There are four trainings in the CA Course, among which the articleship training is of 3 years. These are:

  • ICITSS Training
  • AICITSS Training
  • Articleship Training
  • Industrial Training (Optional)

ICITSS Training

ICITSS (Integrated course on Information Technology and Soft Skills) is the first training to develop soft skills and information technology in candidates. This training will consist of Information Technology (IT) and Orientation Course (OC) each of 15 days.

Articleship Training

The articleship training plays a crucial role in CA Course. This training will give you three years of practical knowledge and experience in the work of a CA.

The CA students can apply for the articleship training only after clearing one or both CA Intermediate groups. But to apply for the articleship training, students compulsorily need to undergo the ICITSS training.

The students who have taken the direct entry to the CA Intermediate course can directly start the articleship training after registering themselves for CA Intermediate. But here also, the ICITSS training is compulsory.

After completing the three years of articleship training, one can apply or register for the CA Final Course. You can check out the guide on how to get an articleship in the big 4 firms.

AICITSS Training

AICITSS, or Advanced Integrated Course on Information Technology and Soft Skills is compulsory training conducted by ICAI. This training will teach you 2 skills – Advanced IT and Management & Communication skills. Each of the skills requires 15 days to complete.

The main motive behind this training is to accomplish the candidates with different sets of skills such as communication, presentation, leadership skills, understanding business environment, etc. Therefore, this training also helps the students of CA to get the desired job.

Industrial Training

Industrial training is optional for CA aspirants with the motive of training candidates with industrial functioning and knowledge. So, the candidates who want to make their career in the industries and their development can opt for the industrial training program provided by the ICAI. This training program is optional and depends upon the will of the CA candidates.

CA Job roles

  1. Auditor
  2. Tax Consultant
  3. Financial Advisor
  4. Investment Banker
  5. Cost Accountant
  6. Budget Analyst
  7. Management Accountant
  8. Forensic Accountant
  9. Chief Financial Officer (CFO)
  10. Chief Audit Executive (CAE)

Top recruiting companies for CA

  1. Deloitte
  2. KPMG
  3. PwC (PricewaterhouseCoopers)
  4. EY (Ernst & Young)
  5. Grant Thornton
  6. BDO
  7. ICICI Bank
  8. HDFC Bank
  9. Reliance Industries
  10. TATA Group

Courses after completing CA

After completing the Chartered Accountancy (CA) course, there are several courses and career options available to pursue. Here are some of the popular ones:

  1. Certified Public Accountant (CPA)
  2. Certified Management Accountant (CMA)
  3. Certified Financial Planner (CFP)
  4. Chartered Financial Analyst (CFA)
  5. Diploma in Information System Audit (DISA)
  6. Diploma in International Taxation (DIT)
  7. Certification Course on Ind AS
  8. Certification Course on Forensic Accounting and Fraud Detection

Career Options for CA

  1. Finance Manager
  2. Investment Banker
  3. Business Consultant
  4. Chief Financial Officer (CFO)
  5. Risk Manager
  6. Internal Auditor
  7. Tax Consultant
  8. Forensic Accountant
  9. Business Analyst
  10. Entrepreneur

CA Job Opportunities in Abroad

The job opportunities for a Chartered Accountant in India are vast and growing, as the demand for financial professionals with specialized skills is increasing. A Chartered Accountant can expect to earn a lucrative salary package and also have opportunities for career growth.

In addition, a Chartered Accountant can also explore job opportunities abroad, as the course is recognized globally. The scope for job opportunities for a Chartered Accountant in foreign countries is vast, especially in countries such as the UK, USA, Canada, Australia, and New Zealand, where the demand for financial professionals is high.

CA Salary in India

The CA brings multiple opportunities to an individual. Candidates often get renowned higher posts in famous organizations. Below table is the various CA jobs along with the respective CA Salaries for your reference. 

Job ProfileAverage Salary
Accounting ManagersINR 5-7 Lakh per annum
Finance ManagerINR 8-12 Lakhs per annum
Tax ManagerINR 12-15 Lakhs per annum
Taxation ExpertsINR 7- 15 Lakhs per annum
AccountantsINR 4-8 Lakhs per annum
Auditing ExpertsINR 6–10 Lakhs per annum

CA Course Details – FAQs

What is the CA course in India?

The CA course is a professional course in accounting and finance that is regulated by the Institute of Chartered Accountants of India (ICAI).

What are the eligibility requirements for the CA course?

Students can enroll in the CA course after passing the 10th standard exam, and then passing the Foundation exam, which is equivalent to the 12th standard.

What is the duration of the CA course?

The CA course consists of three levels – Foundation, Intermediate, and Final – and the duration of the entire course is approximately 4.5 to 5 years, depending on the student’s progress.

What are the career opportunities for CAs?

CAs have a wide range of career opportunities, including auditing, taxation, finance, investment banking, and business consulting, among others.

What is the CA exam pattern?

The CA exam pattern varies for each level of the course, but generally includes multiple choice questions, subjective questions, and practical application of accounting and finance concepts.

What is the registration fee for the CA course?

The registration fee for the CA course varies depending on the level of the course and other factors, such as the student’s location and the date of registration.

Can I pursue other courses alongside the CA course?

Yes, students can pursue other courses alongside the CA course, such as the Certified Public Accountant (CPA) or Certified Management Accountant (CMA) courses.

Is the CA course recognized globally?

Yes, the CA course is recognized globally, and CAs are in high demand in many countries around the world.

How can I prepare for the CA exams?

Students can prepare for the CA exams by attending coaching classes, self-studying, practicing sample papers and previous year question papers, and seeking guidance from their professors and mentors.

What is the passing criteria for the CA exams?

The passing criteria for the CA exams vary depending on the level of the course, but generally require a minimum passing score in each subject and an overall passing percentage.

Becoming a Chartered Accountant in India requires a strong dedication to the field and a willingness to put in years of hard work and study. The process of becoming a CA involves enrolling in the Foundation Course, registering for the Intermediate and Final Courses, completing the required practical training, and passing the necessary examinations.

It’s important to stay up-to-date with the latest regulations and changes in the field of accounting, as well as continuously improving skills and knowledge through additional courses and certifications. The career opportunities for CAs are vast and varied, ranging from auditing and taxation to finance and investment banking.

Overall, pursuing a career as a Chartered Accountant in India can be highly rewarding, both professionally and personally. It requires a strong commitment to learning and growing, but for those who are passionate about accounting and finance, it can lead to a fulfilling and successful career.

Leave a Reply

Your email address will not be published. Required fields are marked *