With the rapidly growing Indian economy, Chartered Accountants are highly in demand. Careers in the fields of finance and accounts have achieved remarkable popularity in the last decade or so. If we talk about accountancy, Chartered Accountancy is the most prestigious career option in the field of commerce. Chartered Accountants hold key positions in top notch companies. Furthermore, under the Company’s Act, only CA’s are preferred to be appointed company auditors.
The Institute of Chartered Accountants of India (ICAI) is a statutory body regulating the profession of chartered accountants. It is the body that conducts the Chartered Accountancy Course as well grants the licence to successful candidates post completion of the course.
Education Qualification:
Students willing to register with ICAI for pursuing the course need to meet with the following criteria:
- He should be at least 18 years of age
- He should have completed the ‘Foundation Course’ of 10 month duration conducted by ICAI or (after 10+2 one can go for ‘Foundation Course’)
- He should be a graduate or post graduate in a subject that makes him qualified to be exempted from the foundation course viz.
a. Commerce Graduates with 50% marks
b. Graduates, without math, with 55% marks
c. Non-commerce graduates with math, having 60% marks
A student has the option to enrol for the Foundation Course right after 10+2 and after successful completion, can get registered in the CA course. However, he also needs to be enrolled in graduation as it is a mandate for being a fully fledged CA.
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