After completion of 12th, almost every student who belongs to commerce field gets confused while choosing the right career path. Choosing commerce field in 11th class opens the gate of unlimited career opportunities and one of them is Chartered Accountancy. A lot of students, who complete their 12th from commerce stream, opt to pursue Chartered Accountancy.
Nothing can beat that proud feeling that you get after using CA before your name. A chartered accountancy is a renowned professional course administered in India by ICAI. A lot of students are choosing for MBA also, but to pursue MBA one needs to complete graduation first and then MBA. To pursue CA, you can enroll your name in ICAI after completion of 12th and pursue your graduation from distance while doing Chartered Accountancy. The provider of the best CA coaching in Delhi has brought this article for you just let you know more about CA career.
Eligibility Criteria to Pursue CA
The ICAI (Institute of Chartered Accountant of India) is responsible for conducting CA examinations and managing the educational process of CA in India. You need to pass 10 + 2 in Arts/Science/Commerce if you want to hold professional qualifications for CA in India. The course is relatively comfortable for students who belong to commerce stream because the course covers topics like accounting and finance, which are present by 11th and 12th standard curriculum. However, CA is a practical course which arts and science field students can also pursue after completion of 12th.
Levels of Chartered Accountancy Exam
There are 3 levels in Chartered Accountancy. First is CA foundation, second is CA intermediate and the final one is CA article ship. CA foundation is the entry level in Chartered Accountancy. Once you clear CA foundation, you are eligible for the CA intermediate and after passing CA intermediate exam, you need to pursue 3 years of CA article ship.
CA foundation Subjects 2020-
- Principles and Practice of Accounting
- Business Laws and Business Correspondence and Recording
- Business Mathematics, Logical Reasoning and Statistics
- Business Economics and Business and Commercial Knowledge
CA Intermediate Subjects 2020-
- Corporate and Other Laws
- Cost and Management Accounting
- Advanced Accounting
- Auditing and Assurance
- Enterprise Information Systems Strategic Management
- Financial Management and Economic Finance
CA Articleship Subjects 2020-
There are two levels of CA article ship, the first level contains following subjects –
- Accounting and Auditing (including corporate laws)
- Direct Tax
- Indirect Tax
- Internal Audit
The second level contains following subjects –
- Accounting and Auditing (Including Corporate Laws)
- Direct Tax including International Taxation
- Indirect Tax
- Internal Audit
Career and job opportunities after CA
Our country has a good demand for CA because they are experts in finance and accounting domains. You can get maximum career growth and best opportunities after the completion of CA course. If you want to earn good, want career security and power, then you can start your own CA firm and earn a good amount. Opportunities are numerous once you become a CA with good rank. But the question raised ‘How to get good rank in CA levels?’ Don’t worry, as we have the best options. Join IRS for the best CA Classes in Laxmi Nagar. IRS is a leading CA institute, where you get the right guidance to the lead a path of success in CA career.