Chartered Accountancy

A brief overview of the CA Course that covers all papers of all levels, examination requirements, how to register and appear for the CA examinations, and practical training requirements.

A Brief Overview of the CA Course

 

The Chartered Accountancy Course (CA Course) and Profession in India falls under the preview of the ICAI (The Institute of Chartered Accountants of India), New Delhi, India.

The CA course takes, on average, around 5 years to complete and is one of the most prestigious professional courses in India. The course itself consists of a theoretical component and practical requirements.

If you are looking for information about the CA course in general, study material and passing tips, you’ve come to the right place.

On this page, we have gathered all the resources you will need to pass the CA course. You get:

  • A brief overview of the CA Course, examination requirements, how to register and appear for the CA examinations, and practical training requirements
  • An idea of the content availability on the platform including paper descriptions, tips on how to pass each paper, topics covered, information about faculty who teach each paper, demo video lectures, downloadable notes, etc.
  • Tips on how to pass the examinations including tips on how to tackle MCQs, effective memorisation techniques, steps to be taken before, during and after examinations, etc.

The CA Course consists of a theoretical component as well as practical training requirements. The CA Course is regulated by the ICAI. Here are more details about the ICAI, its functions and responsibilities:

CA Foundation

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Principles and Practice of Accounting consist of 100 Marks  (Three hours )
The objective of CA Foundation Paper 1 is to develop an understanding of the basic concepts and principles of Accounting and acquire the ability to apply the same in preparing financial statements and simple problem-solving.

Business Laws and Business Correspondence Reporting consist of 2 sections 100 Marks ( Three hours)
Section 1 : 60 Marks – Business Law
The Objective of CA foundation paper 2 is to develop an understanding of significant provisions of select business laws and acquire the ability to address basic application-oriented issues.
Section 2 :  40 Marks – Business correspondence and  Reporting
The Objective of CA Foundation Paper 2 sections 2 objectives to acquire and develop good communication skills required for business correspondence and reporting
Business Mathematics and Logical Reasoning and Statistics consist of 100 Marks (3hrs) .
The objective of CA Foundation Paper 3 is to develop an understanding of the basic mathematical and statistical tools and their application in Business, Finance, and Economics. and to develop logical reasoning skills and apply the same in simple problem-solving
Business Economics and Business and Commercial Knowledge consist of 100 Marks (3hrs) and 2 parts
 Part I : Business Economics (60 Marks) 
The main objective of this paper is to develop an understanding of the concepts and theories in Business Economics and apply such concepts and theories in simple problem-solving.
Part – II : Business and Commercial Knowledge (40 Marks) 
The main objective is to develop an understanding of common business and commercial concepts and to keep abreast of developments in the business and commercial world.

CA Intermediate

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Accounting ( Three hours – 100 Marks)
The Main Objectives of paper 1 in CA Intermediate is
  1. To lay a foundation for the preparation and presentation of financial statements,
  2. To gain a working knowledge of the principles and procedures of accounting and their application to different practical situations,
  3.  To gain the ability to solve simple problems and cases relating to a sole proprietorship, partnership and companies and
  4.  To familiarize students with the fundamentals of a computerized system of accounting
Corporate Laws and Other Laws  (Three hours – 100 Marks)
Part I – Company Law (60 Marks) 
The main objective of Part 1 of CA Intermediate Paper 2 is to develop an understanding of the provisions of company law and acquire the ability to address application-oriented issues.

Part II – Other Laws (40 Marks)

Objectives:

  1. To develop an understanding of the provisions of select legislations and acquire the ability to address application-oriented issues.
  2. To develop an understanding of the rules for the interpretation of statutes

Cost and Management Accounting( Three hours- 100 Marks)

The main objectives of CA Intermediate Paper 3 is

  1. To develop an understanding of the basic concepts and applications to establish the cost associated with the production of products and provision of services and apply the same to determine prices.
  2. To develop an understanding of cost accounting statements.
  3. To acquire the ability to apply information for cost ascertainment, planning, control and decision making.
Taxation (Three hours – 100 Marks) 
The main objective of CA Intermediate Paper 4 is to develop an understanding of the provisions of income-tax law and goods and services tax law and to acquire the ability to apply such knowledge to make computations and address application-oriented issues.

Advanced Accounting ( Three hours – 100 Marks)

The Main Objective of CA Intermediate is

  1. To acquire the ability to apply specific Accounting Standards, Guidance Notes and legislation to different transactions and events and in preparation and presentation of financial statements of business entities;
  2. To understand and apply financial reporting and regulatory requirements of Banking, Financial Services and Insurance sector

Auditing and Assurance ( Three hours – 100 Marks)

The main objective of CA Intermediate Paper 6 is to develop an understanding of the concepts in auditing and of the generally accepted auditing procedures, techniques and skills and acquire the ability to apply the same in audit and attestation engagements.

Enterprise Information Systems and Strategic Management. (Three hours – 100 Marks)
SECTION A : Enterprise Information Systems (50 Marks)
The main objective is to develop an understanding of technology-enabled Information Systems and their impact on enterprise-wide processes, risks, and controls .
SECTION B : Strategic Management (50 Marks)
Objectives To develop an understanding of strategic management concepts and techniques and ac quire the ability to apply the same in business situations
Financial Management and Economics for Finance (Three hours – 100 Marks)
Section A: Financial Management (60 Marks) 
Objective: To develop an understanding of various aspects of Financial Management and acquire the ability to apply such knowledge in decision-making.
Section B : Economics for Finance (40: Marks) 
Objective: To develop an understanding of the concepts and theories of Economics in the context of Finance and acquire the ability to address application-oriented issues.

CA IPCC

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Accounting (Three hours – 100 Marks) 
The Main Objectives of paper 1 in CA IPCC is
  1. To lay a foundation for the preparation and presentation of financial statements,
  2. To gain a working knowledge of the principles and procedures of Accounting and their application to different practical situations,
  3. To gain the ability to solve simple problems and cases relating to a sole proprietorship, partnership and companies and
  4. To familiarize students with the fundamentals of a computerized system of accounting.
Business Laws and Ethnic and Communication (Three hours – 100 Marks)
Part I – Business Laws (60 Marks) 
The main Objective of business law is to test working knowledge of Business Law and Company Law and their practical application in commercial situations.
Part II – Ethics (20 Marks)
Objective: To have an understanding of ethical issues in business.
Part III – Communications (20 Marks)
Objective: To nurture and develop the communication and behavioral skills relating to business.
Cost Accounting and Financial Management (three hours – 100 marks)
Part – I : Cost Accounting (50 Marks) 
Objectives:
  1. To understand the basic concepts and processes used to determine product costs
  2. To be able to interpret cost accounting statements,
  3. To be able to analyze and evaluate the information for cost ascertainment, planning, control and decision making
  4. To be able to solve simple cases.
 Part – II: Financial Management (50 Marks)
Objectives:
  1. To develop ability to analyse and interpret various tools of financial analysis and planning
  2. To gain knowledge of management and financing of working capital
  3. To understand concepts relating to financing and investment decisions
  4. To be able to solve simple cases.
Taxation ( Three hours – 100 Marks) 
The main Objective: To develop an understanding of the provisions of income-tax law and goods and services tax law and to acquire the ability to apply such knowledge to make computations and address application orientated issues.

Advanced Accounting ( Three hours – 100 Marks)

Level of Knowledge:

  1.  To have an understanding of the conceptual framework for the preparation and presentation of financial statements,
  2. To gain a working knowledge of the professional standards and application of accounting principles to different practical situations, and
  3. To gain the ability to solve advanced problems in the case of different entities.

Auditing and Assurance( Three hours – 100 Marks)

Level of knowledge:  To understand the objective and concept of auditing and gain a working knowledge of generally accepted auditing procedures and of techniques and skills needed to apply them in audit and attestation engagements.

CA Final (New)

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Financial Reporting (Three hours – 100 Marks) 
Objectives:
  1. To acquire the ability to integrate and solve problems in practical scenarios on Indian Accounting Standards for deciding the appropriate accounting treatment and formulating suitable accounting policies.
  2. To gain the prowess to recognize and apply disclosure requirements specified in Indian Accounting Standards while preparing and presenting the financial statements.
  3. To develop the skill to prepare financial statements of group entities which include subsidiaries, associates and joint arrangements based on Indian Accounting Standards.
  4. To develop an understanding of the various forms of reporting (other than financial statements) and accounting for special transactions, and apply such knowledge in problem-solving.

Strategic Financial Management (Three hours – 100 marks)

To acquire the ability to apply financial management theories and techniques in strategic decision making.

Advanced Auditing and Professional Ethics ( Three hours – 100 marks) 
The main Objective:
  1. To acquire the ability to analyze current auditing practices and procedures and apply them in auditing engagements;
  2. To acquire the ability to solve cases relating to audit engagements
Corporate and Economic Laws (Three hours – 100 marks)
Part – I: Corporate Laws (70 Marks) 
Section A : Company Law
Objective: To acquire the ability to analyze, interpret and apply the provisions of the company law in practical situations
Section B: Securities Laws
Objective:

To acquire the ability to analyse the significant provisions of select securities laws

  1. The Securities Contract (Regulation) Act, 1956 and the Securities Contract (Regulation) Rules, 1957: Introduction and important provisions
  2. The Securities Exchange Board of India Act, 1992, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 and SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015
Part II: Economic Laws (30 Marks) 
Objective: To acquire the ability to analyse the significant provisions of select economic laws
Strategic Cost Management and Performance Evaluation (Three hours- 100 Marks) 
The main Objective:
  1. To apply various cost management techniques for planning and controlling performance in order to set, monitor and control strategic objectives.
  2. To develop skills of analysis, synthesis and evaluation in cost management to address challenges and issues which might affect or influence the management of performance within organisations.
Risk Management (Three hours – 100 Marks)
Objective:
  1.  To gain knowledge and an insight into the spectrum of risks faced by businesses and to learn techniques of managing risks.
  2.  To build capacity for applying such learning to address risk-related issues in real business scenarios.
Direct Tax Laws and International Taxation (Three hours –100 Marks)
Part I : Direct Tax Laws (70 Marks) 
Objective: To acquire the ability to analyze and interpret the provisions of direct tax laws and recommend solutions to practical problems.
Part II: International Taxation (30 Marks)
Objective: To develop an understanding of the concepts, principles and provisions of International Taxation and acquire the ability to apply such knowledge to make computations and to address application-oriented issues.
Indirect Tax Laws ( Three hours – 100 Marks)
Part-I: Goods and Services Tax (75 Marks) 
Objective: To acquire the ability to analyze and interpret the provisions of the goods and services tax law and recommend solutions to practical problems.
Part-II: Customs & FTP (25 Marks)
Objectives:
  1. To develop an understanding of the customs laws and acquire the ability to analyze and interpret the provisions of such laws.
  2. To develop an understanding of the basic concepts of foreign trade policy to the extent relevant to indirect tax laws, and acquire the ability to analyse such concepts.

CA Final (Old)

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Financial Reporting ( Three hours – 100 marks)
Objectives:
  1. To gain ability to analyze financial statements including consolidated financial statements of group companies and financial reports of various types of entities,
  2. To gain ability to apply valuation principles,
  3. To familiarise with recent developments in the area of financial reporting,
  4. To gain ability to solve financial reporting and valuation cases

Strategic Financial Management (Three hours – 100 marks)

Objective: To apply financial management theories and techniques for strategic decision making

Advanced Auditing and Professional Ethics (Three hours – 100 marks) 
Objectives:
  1. To gain expert knowledge of current auditing practices and procedures and apply them in auditing engagements,
  2. To develop ability to solve cases relating to audit engagements.
Corporate and Allied Laws (Three hours – 100 marks)
Section A: Company Law & Insolvency and Bankruptcy Code, 2016 (70 Marks) 
Objective: To be able to analyze and apply various provisions of the Company Law in practical situations.
Section B: Allied Laws (30 Marks) 
Objective:  To develop the ability to analyze the requirements of laws stated in the Section.

Advanced Management Accounting (Three hours – 100 marks)

Objective: To apply various management accounting techniques to all types of organizations for planning, decision making and control purposes in practical situations. To develop the ability to apply quantitative techniques to business problems.

Direct Tax Laws (Three hours – 100 Marks) 
Objectives:
  1. To gain advanced knowledge of the provisions of direct tax laws,
  2. To acquire the ability to apply the knowledge of the provisions of direct tax laws to various situations in actual practice.
Indirect Tax Laws (Three hours – 100 marks)
Part-I: Goods and Services Tax (75 Marks) 
Objective: To acquire the ability to analyze and interpret the provisions of the goods and services tax law and recommend solutions to practical problems
Part-II: Customs & FTP (25 Marks) 
Objectives:
  1. To develop an understanding of the customs laws and acquire the ability to analyze and interpret the provisions of such laws.
  2. To develop an understanding of the basic concepts of foreign trade policy to the extent relevant to indirect tax laws, and acquire the ability to analyse such concepts
Steps on How to Register CA Course

Here are the steps on how to register and appear for the different levels of the CA Course:

 

  • How to Register and Appear for the CA Foundation Exam
  • How to Register and Appear for the CA Intermediate exam 
  • ICITSS -All about ICITSS eligibility, registration and syllabus details 
  • AICITSS – All about AICITSS eligibility, registration and syllabus details.
  • How to register for CA Articleship 
  • Where to train during CA Articleship 
  • Articleship Tests During the CA Course
Tips on How to Pass the CA Course

Here are resources we have gathered to give you tips on how to pass the CA Course, what to do just before the exams, during the exams and after becoming a CA

 

  • How to create a study timetable for the CA Course 
  • Tips on how to pass the CA Course 
  • How to memorize important concepts
  • Tips on how to solve MCQs based on mathematics and logical reasoning  
  • Tips on tackling open book exams of the CA Course 
  • How does ICAI evaluate exam papers
  • How to calm yourself before taking up the exams related to the CA Course 
  • What to do a day before the exams
  • What to do after completing the CA Course and becoming a CA 
  • How to crack the CA Campus Interviews