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Can we do CA simultaneously with Engineering?

Sai krishna Thummala (undergraduate) (27 Points)

08 July 2011

Hiii everyone.. I am currently doing my B.tech... Is it possible to do CA parallelly with my engineering?? please suggest me about this and if possible kindly provide the details..

Thanks and regards

sai krishna

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9 Replies

Nagarjuna (article assistant) (56 Points)
Replied 08 July 2011

well u can....... but i can't guarantee that u can pass............ Engineering and ca are two diff roads... engineering needs paying attention at classroom. ca needs paying attention at home(reading). choose one boat. Engineering is also the best if u r at top..... ca will be at its best even if u pass

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Sai krishna Thummala (undergraduate) (27 Points)
Replied 08 July 2011

@ nagarjuna: Thank you for the suggestion.. As a matter of fact very few of us actually attend the classes in engineering :P.. can you give me more details about where and how to start ??

Thank you

Nagarjuna (article assistant) (56 Points)
Replied 09 July 2011

well ........... how to start up means........

ca has no specified colleges. There is only a board formed by an act of Parliament.

The board takes care of registrarions, conducting exams and all.

There are 3 stages in CA.

1. CPT- Common Proficiency Test. 4 papers.

2.IPCC-Integrated professional Competence Course. 7 papers groupI .4 papers groupII. 3 papers.

3.Final - 8 papers grup1. 4 and the rest second group.

To Start up u hav to get registered with ICAI board, for CPT. u will get exam eligibilty in 6 months.

exams will be conducted two times an year may and november.

If u pass u hav to get registered with IPCC and u get exam eligibility in 9 months.

Wen u pass IPCC group 1 or both then u will be eligible to do article ship(training).

u hav to do articles compulsorly to get final eligibility .... articles lasts for 3 years. In the meanwhile at end of ur second year training u will get eligibility to final exam.

'I dont know perfect marks for pass in cpt. But for IPCC u hav to get 40% in each subject and 50% aggregate on a group.

even if u fail a single paper or no aggregate, u hav to write all papers again unless u get an exemption in a subject.

exemption is awarded if u get 60 marks in a subect.to get 60 is like distinction.

Now pass % in IPCC is 19% before its 14 and 6 %.

wen ever u fail u hav to wait for further 6 months and clear that exam. U will b promoted to next level only wen u clear a stage...;........ CPT is easy. IPCC & Final tests u lot.

Sai krishna Thummala (undergraduate) (27 Points)
Replied 09 July 2011

@ Nagarjuna: Thanks you very much.. this is exactly what I was looking for..one small question..If somehow I manage to clear CPT and IPCC, then, should I do aricleship as a full time ,like 10 hours everyday for 3 years (or) is it a part time job like 2 hours a day?? Dont take this otherwise but Since we are talking about India is it possible to get a dummy certificate for articleship?? I have heard from one of my friends about this..kindly clarify the above issues.

Thank you

Nagarjuna (article assistant) (56 Points)
Replied 09 July 2011

Articles is not like a part time job. U might hav to spend min of 7 hours a day in office.

mmmmm........

U can get that said DUMMY thing outside....... with a cost of some 50k.

Y articles is necessary means, after becomin a CA the expectations on u will be at peak.

Noone will giv u training or something. U will b posted in positions such as Finance manager , Investment Banker, Tax depot etc. wen u see the practical things they will b completely different from wat u learnt. U cant go there and ask whats this form and that. It wud b gud if u learn them as a student. U can study different type of business and managers u meet.

Moreover now a days Final exam papers are framed with full Practical cases.. Articles will help u lot.

If not 3 Years, atleast an year u go thru articles. Choosing good CA for articles is also an Imp thing.....

well disadvantages of articels are ,

U find very less time for preparation. we might feel our work routine and boring... we will be paid less

But still they become minute wen u compare advantages...

Good luck