Careers360 Logo
CA Full Form - CA Course Details, Duration, Eligibility, Syllabus

CA Full Form - CA Course Details, Duration, Eligibility, Syllabus

Edited By Team Careers360 | Updated on Nov 30, 2023 03:36 PM IST | #CA Intermediate Exam

The full form of CA is Chartered Accountant. The designation of Chartered Accountant (CA) is given to accounting professionals by the accountancy body in India, ICAI. The CA Professionals are typically those who have completed the chartered accountancy course which consists of CA Foundation, Intermediate and Final levels. The CA professionals practice Chartered Accountancy. CA’s practice professional accounting, taxation, auditing, and financial assessment for an organization or an individual.

Accountancy matters taken up by chartered accountants include tax filing, auditing financial statements as well as business practices, preparing review financial reports, etc. A professionally trained CA can also offer advisory services to their clients including either individuals or companies.

ICAI Full Form - The full form of ICAI is the Institute of Chartered Accountants of India. The ICAI is the apex accountancy body created by the Indian Parliament under the Chartered Accountants Act, 1949. The institute regulates the accountancy profession in the country.

To become a certified CA in India an individual needs to complete three levels of the CA exam including training that is designed by the Institute of Chartered Accountants of India (ICAI).

Candidates to become Chartered Accountants (CA) can take admission in CA foundation course after 10+2 or directly after graduation in the CA intermediate course. The CA foundation exams have replaced CA CPT exams and it is held twice a year for CA aspiring students. CA Foundation is followed by CA Intermediate and CA final exams.

Eligibility to enroll in Chartered Accountancy (CA) programme

To become a certified Chartered Accountant (CA), a candidate must go through a training process and also clear exams at three different levels conducted by ICAI.

Eligibility to enroll in CA foundation

  • The candidate should have passed 10+2 successfully

  • He/She should also complete four months of study period after CA registration to be eligible to appear for the CA foundation exam.

  • The candidate should get themselves registered with the ICAI board of studies and complete a four months study period.

Eligibility Criteria for CA Direct Entry Route:

  • For direct entry, graduates/ postgraduates from the commerce stream can enroll.

  • The person should have at least 55 percent marks in aggregate.

  • They must have studied accounting, mercantile laws, auditing, corporate laws, taxation both direct and indirect tax, cost and business management, etc.

  • Graduates or postgraduates from a non-commerce background should have secured a minimum of 60 percent marks in aggregate by any recognized university.

  • A person who has passed the intermediate level from the Institute of Cost Accountants of India can also get direct admission to the intermediate level of CA.

  • Candidates appearing in the final year exam of graduation can also get admission on a provisional basis but their admission will be based on successfully clearing their graduation with the required percentage of marks.

Process to become a Chartered Accountant (CA)

The process to become a CA requires very deep preparation. Aspirants willing to do a CA programme can start preparation at various stages in life. The different stages have been explained below:

CA Foundation

The foundation course is the entry level course for Chartered Accountancy (CA). Candidates who have appeared for the class 12 exams or appearing for class 12 exams can write the CA foundation exam. Graduates or postgraduates are exempted from writing this examination.

CA Intermediate

Candidates after successfully completing the CA foundation course need to enroll in the intermediate stage of CA. There is also a direct entry route for graduates and postgraduates from CA background to enroll in CA intermediate courses. Students can enroll for intermediate courses after 9 months of appearing for foundation course.

Articleship Training

After completing the CA intermediate course students must enroll themselves in the articleship training. The CA full form also consists of complete training of the CA’s in the Chartered Accountancy course. This training provides them with real time experience. In this training course, candidates get to learn about the nature of the work of CA. The primary motive of the training is to provide exposure of companies to the candidates.

CA Final

This is the last part of the course. Before coming to this, candidates need to clear GMCS and ITT exams. After clearing CA final course candidates can register themselves in the ICAI as practicing Chartered Accountants. The CA full form in commerce includes the successfully passed candidates in the CA final exams.

Course and syllabus of Chartered Accountancy course

The syllabus of the primary three levels of the CA course at each level has been mentioned below:

CA Foundation Course and Syllabus

The CA foundation course has been divided into four papers. To qualify the exam students need to pass all the papers. The subjects and topics for CA foundation course has been covered below:

CA Foundation Papers Wise Topics

CA foundation papers

Topics

Paper 1

Principles and practice of accounting

Paper 2

Part 1 : Business laws

Part 2 : Business correspondence and reporting


Paper 3

Part 1: Business mathematics and logical reasoning

Part 2: statistics

Paper 4

Part 1: Business economics

Part 2: Business and commercial knowledge


CA Intermediate course and Papers

In CA Intermediate course students need to clear eight papers of the accountancy course. The table below explains the subjects in the course:

CA Intermediate Group Wise Papers

Groups

Paper

Group 1

Paper 1: Accounting

Paper 2: Corporate and other Laws

Paper 3: Cost and Management Accounting

Paper 4: Taxation

Group 2

Paper 5: Advanced Accounting

Paper 6: Auditing and Assurance

Paper 7: Enterprise Information Systems & Strategic Management

Paper 8: Financial Management and Economics for Finance

CA Final course and syllabus

The CA Final course has been divided into two groups and eight papers. The table given below explains the syllabus in detail:

CA Final Group Wise Syllabus

Groups

Syllabus

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

Paper 7: Direct Tax Laws & International Taxation

Paper 8: Indirect Tax Laws

Important - Check the Complete List of Full Forms

Career prospects for CA after graduation

After the successful completion of the course a person becomes an official member of ICAI. They have the option to either join a company or a firm or start their own firm. Some of the domains where CA can work are:

  • Banks

  • Auditing firms

  • Taxation firms

  • Public limited companies

  • Management consultancy firms

  • Legal firms

  • CFO firms

  • Investment houses

  • Mutual funds

Apply to Amity University | M.Com Admissions

Applications for Admissions are open.

Some of the top corporate firms hiring CA’s are:

  1. E&Y

  2. BDO

  3. KPMG

  4. PwC

  5. Deloitte

  6. JP Morgan Chase

  7. Credit Suisse

  8. Edelweiss

  9. Grant Thorton

  10. Kuwait Resources House

  11. State Bank of India

  12. Khumji Khiverji & Co

  13. Luthra & Luthra

  14. ICICI bank

  15. Kotak Mahindra

  16. Axis Bank and many more

SRM University, Sonepat M.Com 2024

Upto 100% waiver in tuition fees for limited seats

MATS University M.com Admissions 2024

Approved by UGC | Merit-based scholarships

CA Salary in India

The salary of a chartered accountant in India depends on his job profile and the company that hires him. The average salary for a CA or Chartered Accountant is approcimatelt 9 lakh per annum.. IBM, Ranbaxy, Sony, TCS, Infosys, and others offer starting salaries ranging from Rs. 20 LPA to 30 LPA. The salary of a CA according to their job profile has been mentioned in the table below.

CA Salary - Based on Work Profile

Job profile

CA salary per annum (avg)

Finance officer

Rs. 35 Lakhs

Account executive

Rs. 25 Lakhs

Accountant

Rs. 25 Lakhs

Finance controller

Rs. 19 Lakhs

Finance manager

Rs. 10 Lakhs

Chartered Accountant

Rs. 7.25 Lakhs

Financial analyst

Rs. 6 Lakhs

Assistant account manager

Rs. 5 Lakhs

Senior account executive

Rs. 4 Lakhs

Senior accountant

Rs. 3.5 Lakhs

Business analyst

Rs. 4 Lakhs

Account assistant

Rs. 2 Lakhs

Frequently Asked Question (FAQs)

1. What are the eligibility criteria to get enrolled for CA intermediate?

To get enrolled at CA intermediate a candidate needs to complete graduation or post-graduation with a minimum cut-off mark of 55%. For non-commerce graduates, the percentage of marks is at least 60% from the Institute of Cost Accountants of India or ICSI.

2. Is it important to opt for mathematics in 10+2 exams to appear for CA foundation exams?

No, it is not mandatory to opt for mathematics in 10+2 exams to appear for the CA foundation course.

3. What is the total duration to clear CA course after the 12th?

The total duration of the course after the 12th class is 4.5 years.

4. Is there any limit on the number of attempts for CA exams?

No, there is no limit on the number of attempts for CA exams.

5. How can I apply for CA after 12?

Candidate who have passed their class 12, should get themselves registered with the ICAI board of studies and complete a four months study period to be eligible to appear in CA Foundation exam

6. What does a CA do?

A chartered accountant is a well-known financial professional who helps clients with budgeting, auditing, taxes, and business plans.

7. What are subjects included in CA?

CA exam included subjects such as accounting, business laws, ethics and communication, cost accounting and financial management, taxation, advanced accounting, auditing and assurance, etc.

8. Is CA easy to pass?

CA is one of the toughest exams in the country. However, with proper planning, hard work and dedication candidates can clear this exam.

9. What is the full form of CA?

The full form of CA is Chartered Accountant. The designation of CA is given by the ICAI to those who complete the CA course.

Articles

Upcoming Finance Exams

CA Final Exam

Application Date:07 August,2024 - 20 August,2024

CMA Final

Result Date:23 August,2024 - 23 August,2024

Exam Date:12 September,2024 - 12 September,2024

CS Executive Exam

Exam Date:21 December,2024 - 21 December,2024

Exam Date:21 December,2024 - 21 December,2024

View All Finance Exams

Certifications By Top Providers

Management of Commercial Banking
Via Indian Institute of Technology Kharagpur
Digital Banking Business Model
Via State Bank of India
Principles of Finance
Via Saylor Academy
Direct Tax Laws and Practice
Via Tezpur University, Tezpur
Udemy
 190 courses
Edx
 167 courses
Vskills
 52 courses
Coursera
 48 courses
Swayam
 46 courses
Futurelearn
 40 courses

Explore Top Universities Across Globe

University of Essex, Colchester
 Wivenhoe Park Colchester CO4 3SQ
University College London, London
 Gower Street, London, WC1E 6BT
The University of Edinburgh, Edinburgh
 Old College, South Bridge, Edinburgh, Post Code EH8 9YL
University of Bristol, Bristol
 Beacon House, Queens Road, Bristol, BS8 1QU
University of Nottingham, Nottingham
 University Park, Nottingham NG7 2RD
Lancaster University, Lancaster
 Bailrigg, Lancaster LA1 4YW

Questions related to CA Intermediate Exam

Have a question related to CA Intermediate Exam ?

Hello,


CMA or Cost and Management Accounting is a certificate course providing CMA designation to the qualifiers. CMA has both descriptive and objective questions. CMA foundation is a mixture of questions. It is a three hour long exam conducted by ICMAI and it is a paper based on mainly class 12th concepts.

CMA examination has a mixture of objective and descriptive questions.


I hope this helps,


All the best

Hello Aspirant,

Hope you are doing great.  A common course that covers accounting, taxation, financial analysis, and financial economics is called chartered accountancy, or CA. The three-level CA course offered in India is in high demand both domestically and internationally. Delhi, Bangalore, Mumbai, and Ahmedabad are a few of the most well-known Indian cities for studying accounting. Students frequently see each other studying B.Com and CA at the same time. Students from Nepal are also seen travelling to India to enroll in a CA programme in addition to students from India.

In India, CA programmes are typically offered by private and semi-government institutions. The Institute of Chartered Accountants of India (ICAI) considers the students certified and qualified Chartered Accountants after they complete this course (CAs).

Top CA Colleges in India:

  • Vista Academy, Dehradun
  • ETEN CA, Guwahati
  • PIRON Scholl of Business and Finance, Mumbai
  • Siddhartha Academy, Thane
  • Navkar Institute, Ahmedabad
  • The Institute of Chartered Accountants of India (ICAI), Noida
  • Indian Institute of Finance and Accounts, Pune
  • Pearn Accountants, International Accountants and Business Consultants, Kochi
  • Zell Education Mumbai
  • CMS For CA, Hyderabad
  • PIRON School of Business and Finance, Bangalore
  • International School of Financial Studies, Secunderabad

ALL THE BEST

Hi,

For being eligible for the direct entry route in CA i.e for giving CA Intermediate exam directly without apppearing for the CA foundation exam you need to atleast complete your graduation. Since you have just completed your second semester exam you are not eligible for the direct entry route as you have not completed your graduation. Hence, you must prepare for your CA foundation exam first . Only when you clear CA foundation you will be eligibe for appearing for your CA intermediate exam.

Hope this helps

Thanks

Hi

To become a CA one needs to go through given 4 levels, listed below :-

1) ca foundation

2 ) ca intermediate

3) articleship Training

4 )ca final

>>>>>>>>> Class 12th pass students need to start with foundation

>>>>>>>>>>> while graduates

  • commerce graduates with at least 55%

  • and non commerce graduate with at least 60% in their graduation

don't have to go through CA Foundation, they can start directly start from level 2 i. e CA Intermediate through direct scheme.

As you are a BA i. e non- commerce graduate with 71 %  i. e more than 60 % , so yes, you can definitely  directly start with CA Intermediate through direct entry scheme   .

To register you need to visit the  official website i. e icai.org (http://icai.org/) . And after registration you need at least 8 months of study to appear  for CA intermediate examination.

Each level you need to go through is described below briefly :-

----------------)  2. CA Intermediate

In your CA Intermediate, you have 2 groups with 4 papers or subjects in each group

>>>>>CA Intermediate Group 1:-  You have following subjects :-

*accounting

* cost and management accounting

*corporate and Other laws

* taxation


>>>>>CA Intermediate Group 2:-  You have following subjects :-

*advanced accounting

*enterprise information systems & strategic management

*auditing and assurance

*financial management & economics for finance

In oder to clear CA intermediate , you need at least 40% marks  individually in each  subjects and at least 50% in overall aggregate .


----------------) 3.  Articleship Training

You can register for articleship after 1 or  both groups of CA Intermediate. Articleship Training is of 3 years. During the last 2 years of your Articleship Training you  have to complete your AICITSS i. e Advanced Integrated Course on Information Technology and Soft Skills

----------------) 4. CA Final Group

After qualifying both groups of CA Intermediate, you become eligible for CA Final registration. And can appear in CA final examinations either after completion of your Articleship Training or when you are in the last 6 months of your articleship training.

There are 2 groups with 4 subjects in each which are given below:-

>>>>>CA Final Group 1:

*financial reporting

*advanced auditing and professional ethics

*strategic financial management

*corporate and allied Laws


>>>>>CA Final Group 2:


*advanced Management Accounting

*direct Tax Laws

*indirect Tax Laws

*information Systems Control and Audit

After the completion of articleship training and clearing CA Final , you become eligible for applying for the membership of the Institute of Chartered Accountants of India after which become a CA.

For detailed information visit

https://finance.careers360.com/articles/how-to-become-a-ca-in-india

Thank you


Hello,

The last date to register for CA Intermediate 2022 November is March 1, 2022. The Institute of Chartered Accountants of India (ICAI) keeps the registration for CA Intermediate open throughout the year.  To register for CA Intermediate course, candidates have two options - admission through direct entry route or after clearing CA Foundation exam. There is no upper age limit for CA Intermediate registration. Candidates who are in their final year of graduation can also register for the CA Intermediate course on a provisional basis.

View All
Budget Analyst

Budget analysis, in a nutshell, entails thoroughly analyzing the details of a financial budget. The budget analysis aims to better understand and manage revenue. Budget analysts assist in the achievement of financial targets, the preservation of profitability, and the pursuit of long-term growth for a business. Budget analysts generally have a bachelor's degree in accounting, finance, economics, or a closely related field. Knowledge of Financial Management is of prime importance in this career.

4 Jobs Available
Data Analyst

The invention of the database has given fresh breath to the people involved in the data analytics career path. Analysis refers to splitting up a whole into its individual components for individual analysis. Data analysis is a method through which raw data are processed and transformed into information that would be beneficial for user strategic thinking.

Data are collected and examined to respond to questions, evaluate hypotheses or contradict theories. It is a tool for analyzing, transforming, modeling, and arranging data with useful knowledge, to assist in decision-making and methods, encompassing various strategies, and is used in different fields of business, research, and social science.

3 Jobs Available
Underwriter
3 Jobs Available
Finance Executive
3 Jobs Available
Product Manager
3 Jobs Available
Operations Manager
3 Jobs Available
Stock Analyst
2 Jobs Available
Researcher

A Researcher is a professional who is responsible for collecting data and information by reviewing the literature and conducting experiments and surveys. He or she uses various methodological processes to provide accurate data and information that is utilised by academicians and other industry professionals. Here, we will discuss what is a researcher, the researcher's salary, types of researchers.

2 Jobs Available
Welding Engineer

Welding Engineer Job Description: A Welding Engineer work involves managing welding projects and supervising welding teams. He or she is responsible for reviewing welding procedures, processes and documentation. A career as Welding Engineer involves conducting failure analyses and causes on welding issues. 

5 Jobs Available
QA Manager
4 Jobs Available
Quality Controller

A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product. 

A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.

3 Jobs Available
Production Manager
3 Jobs Available
Product Manager
3 Jobs Available
QA Lead

A QA Lead is in charge of the QA Team. The role of QA Lead comes with the responsibility of assessing services and products in order to determine that he or she meets the quality standards. He or she develops, implements and manages test plans. 

2 Jobs Available
Structural Engineer

A Structural Engineer designs buildings, bridges, and other related structures. He or she analyzes the structures and makes sure the structures are strong enough to be used by the people. A career as a Structural Engineer requires working in the construction process. It comes under the civil engineering discipline. A Structure Engineer creates structural models with the help of computer-aided design software. 

2 Jobs Available
Process Development Engineer

The Process Development Engineers design, implement, manufacture, mine, and other production systems using technical knowledge and expertise in the industry. They use computer modeling software to test technologies and machinery. An individual who is opting career as Process Development Engineer is responsible for developing cost-effective and efficient processes. They also monitor the production process and ensure it functions smoothly and efficiently.

2 Jobs Available
Back to top