Course Overview:
Chartered Accountancy (CA) is one of the most prestigious and sought-after professional courses in India. It deals with the financial management, accounting, auditing, and taxation fields. CAs are responsible for managing financial records, providing advisory services on taxation, and ensuring that businesses adhere to legal regulations.
Duration:
The duration to become a qualified Chartered Accountant typically ranges between 4 to 5 years, depending on the completion of the exams, articleship (practical training), and clearing the final examinations.
Syllabus (Semester-Wise / Level-Wise Structure):
Chartered Accountancy is divided into three levels as per the Institute of Chartered Accountants of India (ICAI):
1. CA Foundation (Equivalent to Semester 1 & 2):
Paper 1: Principles and Practices of Accounting
Paper 2: Business Laws and Business Correspondence & Reporting
Paper 3: Business Mathematics, Logical Reasoning, and Statistics
Paper 4: Business Economics and Business & Commercial Knowledge
2. CA Intermediate (Equivalent to Semester 3 - 6):
Group 1:
Paper 1: Accounting
Paper 2: Corporate and Other Laws
Paper 3: Cost and Management Accounting
Paper 4: Taxation (Including Direct Tax Laws and Indirect Tax Laws)
Group 2:
Paper 5: Advanced Accounting
Paper 6: Auditing and Assurance
Paper 7: Enterprise Information Systems & Strategic Management
Paper 8: Financial Management & Economics for Finance
3. CA Final (Equivalent to Semester 7 - 8):
Group 1:
Paper 1: Financial Reporting
Paper 2: Strategic Financial Management
Paper 3: Advanced Auditing and Professional Ethics
Paper 4: Corporate and Economic Laws
Group 2:
Paper 5: Strategic Cost Management and Performance Evaluation
Paper 6: Elective Paper (Options: Risk Management, Financial Services & Capital Markets, International Taxation, etc.)
Paper 7: Direct Tax Laws & International Taxation
Paper 8: Indirect Tax Laws
Average Fees:
The fees for pursuing Chartered Accountancy are quite affordable compared to other professional courses. Below is the approximate fee structure:
CA Foundation Course Fees: ₹9,000 - ₹10,000
CA Intermediate Course Fees: ₹18,000 - ₹20,000 (per group)
CA Final Course Fees: ₹22,000 - ₹25,000 (per group)
Total (Approximate): ₹50,000 - ₹70,000 (inclusive of registration and exam fees)
Exams to Attend:
CA Foundation: This is the entry-level examination, similar to the first semester.
CA Intermediate: After clearing the Foundation, candidates move on to the Intermediate level, divided into two groups.
CA Final: After clearing the Intermediate, along with completing articleship, candidates appear for the CA Final.
Ten Most Ranking Institutions Combined Ranking in India:
The Institute of Chartered Accountants of India (ICAI) - New Delhi
S.S.C.A. Academy - Bangalore
Narayana IAS Academy - Hyderabad
Yeshas Academy - Bangalore
Aldine CA - Delhi
Vidyasagar Institute of Professional Studies (VIPS) - Kolkata
JK Shah Classes - Mumbai
Sri Medha Institute - Hyderabad
Inspire Academy of CA - Chennai
Toppers' Academy - New Delhi
Top 10 Institutions in Kerala:
Inspire Academy of CA - Ernakulam
Prime Academy - Thiruvananthapuram
Logic School of Management - Kochi
Vidyarupa School of Management Studies - Calicut
Mastermind Academy - Kottayam
Logic Academy - Thrissur
Kerala Academy of Professional Studies - Kollam
T.I.M.E - Cochin
Lakshya CA Campus - Ernakulam
Hi-Point Learning Solutions - Trivandrum