09 August 2010
DETAILS OF CHARTERED ACCOUNTANCY COURSE:
Chartered Accountancy is a dynamic, challenging and rewarding profession. Chartered Accountancy Course is a professional course in Accounting introduced in our country in 1949, with the enactment of the Chartered Accountants Act. The course involves a blend of theoretical education and practical training which run concurrently for a period of three years and equips a student with knowledge, ability, skills and other qualities required of a professional accountant.
A Chartered accountant is one who is specialised in accounting, auditing and taxation. He also serves as a management and corporate caretaker. In recent times, accountancy has become popular as a profession. The services of a CA is required in money matters even in a small business . Moreover according to the Company Act only CA's in professional practice are allowed to be appointed as auditors of companies in India. A chartered accountant is a person who is accepted as a member of the Institute of Chartered Accountants of India (ICAI) after having passed the Final examination of the Chartered accountancy course conducted by the institute.
PROCESS
CA programme is of two years apart from the training period. It has three sections, Competency Professional Test (CPT) that was earlier known as Professional Education exam PE1, Professional Competency Examination (PCE) and Final examination. The registration for CPT and PCE is open throughout the year. A student may register at any time during the year. However, as the examinations will be held twice a year in May and November, it is necessary that a student must register at least ten months before the examinations. After passing the Professional Competency Examination (PCE) candidates are eligible for registration as articled clerks/audit clerks for practical training. Computer Training Programme, ie 100 hours Information Technology is compulsory for the candidates who wish to register themselves as auditor clerk. Students can undergo this programme while pursuing CPT or PCE. The scope for this lucrative career is bright in an economically developing nation like ours and as such the career can be termed as challenging and rewarding for competent professionals in the field.
Eligibility: A candidate who has passed the Senior Secondary Examination (10+2) or waiting for the 10+2 exam results can register for the CA programme. Click here for more details.
09 August 2010
Q1- Do I need to appear and clear Comp Prof Test (CPT) even if I am a commerce Graduate? (Bcom graduates had exemption from CA Foundation)
CAclubindia
