Chartered Accountant - Students studied Commerce stream in 12th aim to become a Chartered Accountant (CA). However, they remain confused about how to pursue Chartered Accountancy courses. CA Course is the highly preferred course after 12th commerce. There are three levels of Chartered Accountancy - Foundation, Intermediate, and Final. Aspirants who have just passed their class 12th exams can enroll themselves for CA Foundation programme. Chartered Accountant is an accounting professional hired by banks, auditing companies, auditing firms, public limited companies, etc. to manage accounting matters, taxation, auditing financial statements, etc. Chartered Accountants are also qualified to provide advisory services to clients (companies and individuals). Aspiring candidates of Chartered Accountancy can know more about becoming a CA in the article below.
For Indian aspirants, the Institute of Chartered Accountants of India (ICAI) offers CA programmes and conducts CA exams. There are three levels of exams that the aspirants need to qualify to become a Chartered Accountant -
CA Foundation/ Common Proficiency Test (CPT)
CA Intermediate/ Integrated Professional Competence Course exam (IPCC)
Chartered Accountant- Role
Companies hire CAs to look after their accounting, taxation, financial management, etc. Some of the key roles of a Chartered Accountant are listed below.
Making reports following internal audits or external audits
Advising clients on financial risks, mergers, tax planning, and business acquisitions, etc.
Advising clients for business improvement
Preparing and maintaining financial statements and budget
Providing financial information and advice to the client
Detecting and preventing fraud and dealing with financial irregularities when they arise
Chartered Accountant- Eligibility Criteria
It is essential that the candidates are familiar with the eligibility requirements before registering for the CA exams. The level-wise CA eligibility criteria has been provided below.
For registration to the course
For registration to the course
Must have passed the CA Foundation exam
Candidates must have registered with BoS for CA Final
Chartered Accountant- Course Fees
All three levels or programmes have a different course fee. It is important that the candidates pay the fee for each level separately as well as registering for the CA exams. The level-wise ICAI CA fees has been provided in the tables below.
CA Foundation Fee
CA Foundation Registration Fee Details
Cost of Foundation Prospectus
CA Foundation Registration Fee
Subscription for Students' Journal (Optional)
Subscription for Members' Journal (Optional)
CA Intermediate Fee
Fee for both groups
Fee for any one group
CA Inter Registration Fee
Student’s Activities Fees
Registration Fees as Articled Assistant
CA Final Fee
CA Final Registration Fee
Chartered Accountant Syllabus & Subjects
ICAI provides a different curriculum for each level of the CA exams. CA Foundation has one set of papers that the candidates have to take while for CA Intermediate and CA Final, the lists of subjects are divided into 2 groups. Candidates can choose to appear for both groups in one single cycle of the exams or to take one group at a time. The lists of subjects in each of the programmes have been provided below.
Paper 1 - Principles and Practice of Accounting
Paper 2 - Business Laws & Business Correspondence and Reporting
Sec 1 - Business Laws
Sec 2 - Business Correspondence and Reporting
Business Mathematics and Logical Reasoning & Statistics
Sec 1 - Business Mathematics and Logical Reasoning
Sec 2 - Statistics
Business Economics & Business and Commercial Knowledge
Sec 1 - Business Economics
Sec 2 - Business and Commercial Knowledge
Group - II
Paper 1: Accounting
Paper 5: Advanced Accounting
Paper 2: Corporate and other Laws
Sec 1 - Company Law
Sec 2 - Other Laws
Paper 6: Auditing and Assurance
Paper 3: Cost and Management Accounting
Paper 7: Enterprise Information Systems & Strategic Management
Sec 1 - Enterprise Information Systems
Sec 2 - Strategic Management
Paper 4: Taxation
Sec 1 - Income Tax Law
Sec 2 - Indirect Taxes
Paper 8: Financial Management and Economics for Finance
Sec 1 - Financial Management
Sec 2 - Economics for Finance
Group - II
Paper 1: Financial Reporting
Paper 5: Strategic Cost Management and Performance Evaluation
Paper 2: Strategic Financial Management
Paper 6: Elective Paper
List of CA subjects for elective paper -
6A - Risk Management
6B - Financial Services and Capital Markets
6C - International Taxation
6D - Economic Laws
6E - Global Financial Reporting Standards
6F - Multi-disciplinary Case Study
Paper 3: Advanced Auditing and Professional Ethics
Paper 7: Direct Tax Laws & International Taxation
Sec 1 - Direct Tax Laws
Sec 2 - International Taxation
Paper 4: Corporate and Economic Laws
Sec 1 - Corporate Laws
Sec 2 - Economic Laws
Paper 8: Indirect Tax Laws
Sec 1 - Goods and Services Tax
Sec 2 - Customs and FTP
Chartered Accountant - Recruiters
All companies whether they are small or big, private or public, require a financial expert. The list of some of the top recruiters of candidates who clear all the exams of Chartered Accountancy are provided below.
Topaz Energy & Marine
Qatar Insurance Co
State Bank of India
JS Sundaram & Co
JP Morgan Chase
Luthra & Luthra
Bajaj Finserv & Group
Frequently Asked Question (FAQs) - Chartered Accountant
Question: Is there an age limit to apply for CA courses?
No, there is no age limit for applying to CA courses.
Question: Do I have to appear for both groups of CA Intermediate and CA Final together?
No, candidates can appear for one group in one cycle of the exam or they can choose to appear for both groups in the same cycle.
Question: What is the total fee of the CA Foundation programme?
The total fee of CA Foundation programme is Rs. 9,800.
Question: Is it important to be a student of the Commerce stream to be able to apply for CA?
No, candidates from any stream can apply for Chartered Accountancy.