Chartered Accountant Minimum qualification

Can you tell me what is the minimum qualification required for entry in Chartered Accountant course as I want to try it?

[Quick Sam]

ICAI or Institute of Chartered Accountant of India conducts Chartered Accountancy course. The minimum qualification required for admission in Chartered Accountancy course are as follows:

10+2 or equivalent qualification from a recognized board

One can register for the course when studying in 12th.

After registration for the course you can apply for the 1st level of CA i.e. CPT (Common Proficiency Test)

After qualifying the CPT you will have to qualify the 2nd level of CA which is
IPCC examination (Integrated Professional Competence Course)

There are two Groups in IPCC.

First you will have to qualify Group-I of IPCC. (It is a 9 months course).

After that you will have to go for 3 years of Practical Training (Articleship) under a qualified CA. You can take the Group-II exam of IPCC during the training or after completion of that.

Once you qualify both the group of IPCC then you can join the CA Final course.

After passing CA final course examination you will complete CA course.

CA programme is of two years apart from the training period. It has three sections, Professional Education (PE-I), Professional Education (PE-II) and Final examination.

Chartered Accountant Course Details

Professional course I:-
Paper 1- Fundamentals of Accounting
Paper 2 - Mathematics & Statistics
Paper 3 - Economics
Paper 4 - Business Communication and Organization and Management

Professional Education Course-II & Final Course:-
The CA Programme is mainly divided into Professional Education Course II and Final course. After completing the Professional Education Course I or graduation with required marks can go for Professional Education Course II .

Professional Education course-II:-

Group I
Paper 1 - Accounting
Paper 2 - Auditing
Paper 3 - Business and Corporate Laws

Group II
Paper 4 - Cost Accounting and Financial Management
Paper 5 - Income Tax & Central Sales Tax
Paper 6 - Information Technology

Final Course:-

Group I
Paper 1 - Advanced Accounting
Paper 2 - Management Accounting & Financial Analysis
Paper 3 - Advanced Auditing
Paper 4 - Corporate Laws & Secretarial


Group II
Paper 5 - Cost Management
Paper 6 - Management Information and Control Systems
Paper 7 - Direct Taxes
Paper 8 - Indirect Taxes