How to become a chartered accountant after 12th is a student one of the dream course because it makes your life rich if you good in the field. Every student wants to make their career hassle-free.
In backdate also chartered accountant courses was high in demand and again in today date too it’s in the same page.
This article is going to tell you about how to become a chartered accountant after 12th through exam details, eligibility, and other steps to become ca.
In the past few years chartered accountants filed get more expended because of GST, CST, Direct TAX, TAX Return, Demonetization, etc.
CA course duration is around four years and five months of solid study for after 12th class students.
Eligibility Criteria for How to Become a Chartered Accountant after 12th.
There are multiple ways through which you can start your career as a chartered accountant. Eligibility criteria for chartered accountants also depend on what minimum qualification you have in your hand right now. So, we will try to cover them as much as an aspect of possibility through which you can become a chartered accountant.
Step 1: You can clear the Entrance exam like the CA Foundation Exam or Common Proficiency Test (CPT) for taking admission to the Institute of Chartered Accountants of India. You can give this exam right after 12th class.
Step 2: Another best way to become a chartered accountant is to take direct admission. But, how to become a ca after 12th by direct admission. For that, you have to complete the graduation first. You can choose any commerce subject. Your graduation degree will allow you direct admission (ICAI) it’s even not required entrance exam (CPT).
Other Basic Eligibility.
If you have clear the CMA or CS exams, but not complete the graduation or entrance exam like CPT. Then also you are eligible for direct admission to ICAI (Institute of Chartered Accountants of India).
For the CA foundation exam there are no upper age limits are mentioned by the CA foundation higher authority.
Basic Knowledge of Computer (optional).
After passing out the entrance exam which is the Common Proficiency Test (CPT). You can register yourself for IPCC (Integrated Professional Proficiency Test).
If you want to know what is minimum marks are required in 12th for CA. Then here it is if you belong to the commerce stream then it needs 50% marks in 12th class for the CPT entrance exam.
If you are from other streams like science then 55% marks are minimum and 60% including maths.
You can also do the ca after 12th commerce without maths. There are no such requirements that say that you need commerce with maths for CA.
The most asking question can I do ca after 12th science yes every student who wants to make their career in chartered accountant line can pursue the ca course.
So, no matter you have a science stream or you have graduated from a science stream you can pursue your chartered accountant career.
Steps to Become CA.
|1.||12th Pass Out.|
|2.||CA Foundation Exam.|
|3.||CA Intermediate Exam.|
|4.||CA Final Exam.|
You can start your career of ca course after passing class 10th or you can become a chartered accountant after 12th too. See below how it’s possible for you.
After 10th class, you can go for the two options first register with the board of studies for the common proficiency test, or second you can go for the simultaneous study and give the 10+2 examination.
Next after completing the 12th standard appear for the CPT Examination and pass out with good marks.
Another step to becoming a chartered account after 12th is you have to enroll yourself for the IPCC. IPCC has 7 subjects and it takes 700 marks of subjective exam test.
It’s required 40 marks in each subject, however, overall its need 50% or above for best career option in chartered accountant field.
Here in IPCC, you will get the two options of choice Group I and Group II. This means 9 months of dedicated study. Which cover lots of major topics such as general business, office strategy, data innovation, and relational ability.
Later you have to pursue the hundred hours of Information Technology Training (ITT).
Now you have to appear for the Group I and Group II Assessments. Both groups carry the four exam papers in each. This exam is also known as a halfway assessment or Integrated Professional Competence Test (IPCE).
If you have a graduation degree with subjects like accounting, auditing & commercial, etc with 50% of marks. Or you have other graduation degrees with 55% marks then you can legitimately for the IPPS course. You did not need to show up for the foundation course.
Now to become a ca after 12th you have to clear both Group examination and need to enlist as Assistant Articleship for three years.
Between these three years, you must go for the different profitable seminar or you can say 15 days of small course which teach you about General Management & Communication Skills (GMCS).
Get prepared for yourself for the last final assessment to complete the years of articled preparing. After get passed on the final assessment you will be soon assigned as Chartered accountants.
CA course details after graduation.
If you have complete the graduation or post-graduation or want to know what ca course details after graduation is available.
Then here it is as I have mentioned above too that after graduation you do not have to appear for the CPT entrance examination.
You have to pursue or complete the ITT or oriented programs. Plus you have to complete the 9 months of Articleship study. Later you have to apply for the IPCC Group I and Group II exam.
After that, you have to go for the 3 years of Articleship. After completing the Articleship you can appear for the CA finals attempts.
Total fees for CA course.
A common question comes to our mind how much fee for ca course takes. So if I talk about CA Foundation Registration Fees it’s 9000 INR (it can be changed as per foundation).
Other Subscription fees for students Journal is 200 which is optional. Another Subscription fee for Member Journal is 400 which is again optional.
Total fees for ca course also depend on how you are applying through are you apply after 12th class or after graduation.
Benefits of Become a Chartered Accountant.
- Growing filed with consistent required by small to big companies.
- Multiple career opportunities such as auditor, accountant, secretary, consultant, financial advisor, so on.
- From Time to time getting a high level of strategic skills and knowledge to enhance your job position.
- Smart salary package with the secure profession because it has strong demand in the market.
- You will be good in the analytical and problem solving ability.
- Direct indirect as a chartered accountant you are improving the society through managing people accounting and finance work.
CA Course Subjects.
|Paper No.||Name of the subjects.||Part of Subject.|
|Paper 1.||Principle & Practices of Accounting.||
|Paper 2.||Business Law and Business Correspondence & Report.||
|Paper 3.||Business Mathematics & Logical Reasoning and statistic.||
|Paper 4.||Business Economics and Business & Commercial knowledge.||
IPCC Subject for CA.
|Paper No.||Name of the Subjects||Part of Subjects.||Total Marks of questions.|
|Paper 1.||Accounting.||–||100 Marks.|
|Paper 2.||Corporate Law and other Laws.||Corporate Law.
|Paper 3.||Cost and Management Accounting.||–||50 Marks.|
|Paper 4.||Taxation.||Income Tax Law.
Indirect Tax Laws.
|Paper 5.||Advanced Accounting.||–||100 marks.|
|Paper 6.||Auditing & Assurance.||–||100 Marks.|
|Paper 7.||Enterprise information system and strategies management.||Enterprise Information System.
|Paper 8.||Financial Management and Economics for finance.||Financial management.
Economics for finance.
Final Course Subject for CA.
|Paper No.||Final Course Subjects.|
|Paper 1.||Financial Reporting.|
|Paper 2.||Strategic financial management.|
|Paper 3.||Advanced auditing and professional ethics.|
|Paper 4.||Corporate laws and other economic laws.|
|Paper 5.||Strategic cost management & performance evaluation.|
|Paper 6.||Elective paper.|
|Paper 7.||Direct tax laws.|
|Paper 8.||Advanced indirect tax laws.|
CA Course top college after 12th.
Ca courses in India will solve your little part of the question of how to become a chartered accountant in India after 12th.
Choose the right college or institute after 12th can make you a way of ca is quite easy. See top college after 12th.
- Vidya Sagar Carrer Institute Ltd.
- Academy of Commerce.
- Northern India Regional Council of ICAI.
- Nahata Professional Academy.
- Chanakya Academy for Management & Professional Studies.
- Peari CA College.
CA Career Prospects.
CA gives you the opportunity to build your career in many fields. Such as.
- Public Sectors Companies.
- Auditing Firms.
- Mutual Funds.
- Portfolio Management Companies.
- Stockbroking firms.
- Trade Mark.
- Patent Firms.
- Copyright registers.