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CA applying and other steps - Pls

Praveeri (Assistant Manager Finance) (197 Points)

13 December 2008

Hello Professionals & Experts,

Pls let me know the complete process of doing CA. I Have done Graduation in commerce. Just give me an over look about the procedural steps like CPT or PE of PCC. Where I will first land after I have applied. Breif heirarchy pls.

Thanks.

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3 Replies

CA Tilak Raj Sharma (Practising CA in Solan (H.P.)) (6374 Points)
Replied 13 December 2008

Under the new scheme, the requirements for becoming chartered accountant are as follows:

(i) Enrol with the Institute for Common Proficiency Test after passing Class 10 examination

conducted by an examining body constituted by law in India or an examination recognized

by the Central Government as equivalent thereto.

(ii) Appear CPT examination after appearing in the Senior Secondary Examination (10+2

examination) conducted by an examining body constituted by law in India or an

examination recognised by the Central Government as equivalent thereto and after

completion of specified period (i.e. 60 days) from the date of registration for CPT prior to

the first day of the month in which examination to be held with the Board of Studies.

(iii) Join PCC, articled training and register for 100 hours ITT after passing CPT and 10+2

examination.

(iv) Undergo 100 hours ITT on completion of three months of articled training (100 hours ITT

is a 20 days programme @ five hours per day; the training will be treated as part of the

practical training).

(v) Appear in Professional Competence Examination (PCE) If

worked for not less than fifteen months as an articled assistant or equivalent

period as an audit assistant or partly as an articled assistant and partly as an

audit assistant, three months prior to the first day of the month in which

examination is held; and

completed 100 hours ITT.

Eight months of audit training is treated as equivalent to six months of articled training.

Any fractional period of audit training less than eight months is not counted for this

purpose.

(Vi) Join CA Final Course:

- Collect Study Materials of the Final Course and prepare for Final Examination;

- May undergo General Management and Communication Skills Course while

undergoing Final course; and

- After passing PCE register for Final course with the Board of Studies; - Complete articled training of 3½ years.

(Vii) Appear in final examination on completion of the practical training on or before the last day of the month preceding the month in which the examination is held.

(Viii) Pass Final examination and complete GMCS;

(ix) Enrol for membership.

Requirements for becoming a chartered accountant