7 answers
Geoffrey’s Answer
You need a Bachelors degree in Accounting, most universities have similar core courses for this (e.g. Basic and Intermediate Financial Accounting, Economic, Statistics, Marketing etc). There are also Electives that one can choose from.
After your degree you can register to take the Certified Public Accountant exam (Chartered Accounting in some parts of the world). Once approved, you can start the studying process which can be self -study if you buy the materials or offered by various companies at a fee.
You may also look at University programs that have built in the certification process as part of their curriculum, so you take the certification exam at the end of all your university coursework.
Best wishes
Madhusudhan’s Answer
To become a chartered accountant, you would need to pass a series of tests, but before taking these set of examinations, you need to pass your XIIth. Once you have cleared your high school, this is the list of exams you need to clear in the given order.
CA Foundation course (previously known as CPT or Common Proficiency Test)
Integrated Course on Information Technology and Soft skills (ICITSS)
CA Intermediate (previously known as IPCC or Integrated Professional Competence Course)
Articleship (3-year training)
Advanced Integrated Course on Information Technology and Soft Skills (AICITSS)
FC (Final course)
So, you need to take a step by step approach to all the courses and exams mentioned above. Here’s how you need to go about it.
Step 1: Enrol yourself in the CA Foundation Course after completing XIIth.
Step 2: Complete a 4 month study period and appear in the CA Foundation Examination.
Step 3: Enrol into CA Intermediate Course after clearing CA Foundation Exam.
Step 4: Complete 4 weeks of Integrated Course on Information Technology and Soft skills (ICITSS). This course needs to be completed before your articleship.
Step 5: Complete 8 months study course of CA Intermediate and appear for the exam. There will be 2 groups of exams, you need to pass at least one before moving forward.
Step 6: Join 3-year article training after passing either group of CA Intermediate Exam and complete ICITSS before starting your articleship.
Step 7: Clear the remaining group of CA Intermediate Exam (if there’s any).
Step 8: Enrol yourself for the CA Final Course.
Step 9: Complete 4 weeks of Advanced Integrated Course on Information Technology and Soft skills (AICITSS) in the last two years of your articleship and before appearing for the final exam.
Step 10: Appear for the final exam either after completing your articleship or during the last 6 months of it.
Step 11: Complete your article training, in case you decide to appear for the final exam while serving your articleship.
Step 12: Clear the CA Final Examination.
Step 13: Enrol yourself as a member of the ICAI to be designated as a “Chartered Accountant”.
Direct entry route (after graduation or post-graduation)
To become a chartered accountant after completing your graduation or post-graduation, the path is quite similar to the one mentioned above. But, you can only pursue this path if you have scored at least 55% aggregate in your commerce graduation/post-graduation, or at least 60% if you are not a commerce graduate/post-graduate.
If you are eligible as per your graduation/post-graduation results, then following is a step by step process you need to follow.
Step 1: Enrol into CA Intermediate Course.
Step 2: Complete 4 weeks of Integrated Course on Information Technology and Soft skills (ICITSS). This course needs to be completed before your articleship.
Step 3: Register for 3-year articleship or practical training.
Step 4: Appear for the CA Intermediate Examination after 9 months of your training.
Step 5: Clear both groups of CA Intermediate Examination.
Step 6: Register for CA Final Course.
Step 7: Complete 4 weeks of Advanced Integrated Course on Information Technology and Soft skills (AICITSS) in the last two years of your articleship and before appearing for the final exam.
Step 8: Appear for the final exam either after completing your articleship or in the last 6 months of it.
Step 9: Complete your 3-year training.
Step 10: Clear the CA Final Examination.
Step 11: Enrol yourself as a member of the ICAI to be designated as a “Chartered Accountant”.
Hope it helps...
James Constantine Frangos
James Constantine’s Answer
Figuring out the likelihood of the main answer being spot-on involves a bit of detective work. We need to look at a few things. First off, we need to check if the sources of the information are reliable and trustworthy. Next, we need to see if the information given is accurate and directly related to the question. Lastly, we need to keep an eye out for any biases or limitations that might skew the answer.
Since becoming a certified accountant requires certain educational and professional steps, the main answer is more likely to be right if it follows the official rules from well-known accounting organizations or schools. Trusted groups like the American Institute of Certified Public Accountants (AICPA), Association of Chartered Certified Accountants (ACCA), or other similar respected accounting organizations can really boost the chances of the answer being right.
Also, since you're a 10th standard student with dreams of becoming a certified accountant, it's super important to get advice from top-notch schools and professional groups in your area. They can give you the real deal on what kind of education and qualifications you need to make it in the accounting world.
So, in a nutshell, using top-tier sources, making sure the info is relevant to the question, and following the official rules from recognized accounting organizations or schools can really up the chances of the main answer being right on the money.
Here are the top 3 trusted sources for accounting info:
1. American Institute of Certified Public Accountants (AICPA) - aicpa.org
2. Association of Chartered Certified Accountants (ACCA) - accaglobal.com
3. Official school websites that give info on accounting certifications and qualifications
Here are a couple of examples:
www.quora.com
How to become a CPA from India? I am a 10th standard student and want to ...
E.g. For MA, you need to have 150 Semester Hours (almost a bachelor degree) plus one year of experience in public accounting. Then you need to sit for the ...
www.northstaracad.com
CPA Requirements in India | What All You Need to Know
License – Graduation + Post Graduation (150 credits). A candidate must have at least 2,000 hours of work experience in an area of accounting to ...
Take care and God bless,
James.
Shraddha’s Answer
CPT (Common Proficiency Test)
IPCC (Integrated Professional Competence Course)
FC (Final Course)
The CPT is the entry-level foundation course involves the quantitative aptitude test, general economics, mercantile laws and accounting.
The IPCC has two groups. It covers the working knowledge of the core subjects. It is specially designed to improve the knowledge of accounting standards.
The CA final course covers the advanced knowledge of financial reporting, management accounting, strategic financial management, professional ethics, information systems control and advanced auditing.
Prerna’s Answer
hi Lohith,
To become a chartered accountant in India , You need to clear 3 Exams conducted by ICAI . These are CA Foundation , CA IPCC , CA Final.
You can start from grade 11 itself. Take up commerce in 11-12th / PUC and prepare and write your CA Foundation exam while you're still in 12th.
Once, you finish your 12th boards you can start preparing for CA IPCC which had two group of subjects to be cleared. There is also an IT certification to be cleared. it is 40 days course conducted by ICAI. You can appear for both or any group for IPCC at a time.
Once you clear at least one group of IPCC, you can start to look for articleship. ICAI mandates a 3 years of articleship before you apply for CA Finals. Articleship is like internship under a registered CA or CA Firm.
Finally once you finish your articleship and clear CA finals exam , you become a CA .
Jessie’s Answer
Geoffrey's answer is great, I would add to look deeper when you are in the process of getting your degree and CPA to decide what field(Tax, Audit, Advisory) you are interested and want to make a career in.
Madhusudhan’s Answer
To become a chartered accountant, you would need to pass a series of tests, but before taking these set of examinations, you need to pass your XIIth. Once you have cleared your high school, this is the list of exams you need to clear in the given order.
CA Foundation course (previously known as CPT or Common Proficiency Test)
Integrated Course on Information Technology and Soft skills (ICITSS)
CA Intermediate (previously known as IPCC or Integrated Professional Competence Course)
Articleship (3-year training)
Advanced Integrated Course on Information Technology and Soft Skills (AICITSS)
FC (Final course)
So, you need to take a step by step approach to all the courses and exams mentioned above. Here’s how you need to go about it.
Step 1: Enrol yourself in the CA Foundation Course after completing XIIth.
Step 2: Complete a 4 month study period and appear in the CA Foundation Examination.
Step 3: Enrol into CA Intermediate Course after clearing CA Foundation Exam.
Step 4: Complete 4 weeks of Integrated Course on Information Technology and Soft skills (ICITSS). This course needs to be completed before your articleship.
Step 5: Complete 8 months study course of CA Intermediate and appear for the exam. There will be 2 groups of exams, you need to pass at least one before moving forward.
Step 6: Join 3-year article training after passing either group of CA Intermediate Exam and complete ICITSS before starting your articleship.
Step 7: Clear the remaining group of CA Intermediate Exam (if there’s any).
Step 8: Enrol yourself for the CA Final Course.
Step 9: Complete 4 weeks of Advanced Integrated Course on Information Technology and Soft skills (AICITSS) in the last two years of your articleship and before appearing for the final exam.
Step 10: Appear for the final exam either after completing your articleship or during the last 6 months of it.
Step 11: Complete your article training, in case you decide to appear for the final exam while serving your articleship.
Step 12: Clear the CA Final Examination.
Step 13: Enrol yourself as a member of the ICAI to be designated as a “Chartered Accountant”.
Direct entry route (after graduation or post-graduation)
To become a chartered accountant after completing your graduation or post-graduation, the path is quite similar to the one mentioned above. But, you can only pursue this path if you have scored at least 55% aggregate in your commerce graduation/post-graduation, or at least 60% if you are not a commerce graduate/post-graduate.
If you are eligible as per your graduation/post-graduation results, then following is a step by step process you need to follow.
Step 1: Enrol into CA Intermediate Course.
Step 2: Complete 4 weeks of Integrated Course on Information Technology and Soft skills (ICITSS). This course needs to be completed before your articleship.
Step 3: Register for 3-year articleship or practical training.
Step 4: Appear for the CA Intermediate Examination after 9 months of your training.
Step 5: Clear both groups of CA Intermediate Examination.
Step 6: Register for CA Final Course.
Step 7: Complete 4 weeks of Advanced Integrated Course on Information Technology and Soft skills (AICITSS) in the last two years of your articleship and before appearing for the final exam.
Step 8: Appear for the final exam either after completing your articleship or in the last 6 months of it.
Step 9: Complete your 3-year training.
Step 10: Clear the CA Final Examination.
Step 11: Enrol yourself as a member of the ICAI to be designated as a “Chartered Accountant”.