How To Become a CA in India

This course of Chartered Accountancy is one of the highest paid courses in India. To become a CA, a person has to pass 3 main examinations named Foundation Course, Intermediate Course and Final Course. Earlier, these exams are commonly known by as Common Proficiency Test (CPT), IPCC, Final Course.

A student can register in this course after completing Class 10th with any of the boards (ICSE Board, CBSE Board, State Boards). But after this, he/she is not eligible for giving exams. These students will be eligible for giving exams after completing their Class 12th.

Foundation Course

In Foundation Course, there are 4 papers in which 2 papers are in subjective mode and other 2 papers are in objective mode.

PAPER 1: – Principles and Practices of Accounting.

Paper 2: – Business Laws & Business Correspondence and Reporting.

Paper 3: – Business Mathematics, Logical Reasoning & Statistics.

Paper 4: – Business Economics & Business and Commercial Knowledge. Each and every paper is of 100 marks. Paper 1 and Paper 2 are of subjective nature and Paper 3 and Paper 4 are of objective nature.

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A Student can register himself/ herself from the ICAI Website and the Last date of registration for appearing in May/June exams is 31st December and for appearing Nov/Dec exams last date is 30th June.

For example: – X, a student has to register himself in CA course for Foundation Course and he wants to give exams in Nov/Dec 2021. Then, he has to complete his registration before 30th June 2021 and for the exams for May/ June month registration should be done before 31st December 2020.

The registration for Foundation Course is valid only for 3 years. As, the exam schedule is announced by ICAI. For the exams of Foundation Course held in the month of May/ June, they announce schedule in the month of January and for the exams held in Nov/Dec, they announce schedule in the month of July.

Graduates, post-graduates and students having equivalent degrees are exempt from the requirement to take the course. Commerce graduates with 55% and other graduates with 60% marks can take direct admission for the CA Intermediate. Candidates must score a minimum of 40% marks in each paper and a minimum of 50% marks in aggregate of all the papers to pass the CA Foundation exam.

Steps to become a CA


Intermediate Course

CA Intermediate is the second level exam of this course and a time period of 9 months is allotted to students to complete their syllabus.
In this, a group system is established that makes this exam more difficult as a group consists of 4 subjects and a student has to pass all 4 subjects in order to clear this group. If a student fails in any one subjects then it can cause his whole study and this failure in one subject can result in the failure in the group that means he fails in all 4 subjects.


Students after clearing the Common Proficiency Test (CPT) or CA Foundation Course become eligible to register for the CA Intermediate. Alternatively, graduates, postgraduates or students having equivalent degrees can directly register for the CA Intermediate exam without appearing for the entry level exams.

A subjective paper pattern for 4 papers and combined subjective & objective for other subjects.
CA Intermediate Paper Groups
Group 1
Paper 1: Accounting
Paper 2: Corporate and other Laws (Part 1- Company Law, Part 2- Other Laws)
Paper 3: Cost and Management Accounting
Paper 4: Taxation (Section A- Income Tax Laws, Section B- Indirect Taxes)

Group 2
Paper 5: Advanced Accounting
Paper 6: Auditing and Assurance
Paper 7: Enterprise Information Systems and Strategic Management
Paper 8: Financial Management and Economics for Finance
(Section A- Enterprise Information Systems, Section B- Strategic Management)

(Section A- Financial Management, Section B- Economics for Finance)

Students have to score 40% marks in each paper and 50% marks in aggregate of all the subjects. A student can appear in either one group or both the groups at a time.
Like the exams of CA Foundation, CA Intermediate exams are conducted twice in a year in the first week of May and November. Result of CA Intermediate announced in the month of August and February i.e. after two and half months of the exam.

A student after clearing either one group or both the groups can start his/her articleship training for three years under a practicing Chartered Accountant. But after two and half years completed of articleship students are eligible for final exam.

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How to become CA in India

Final Course

As per the ICAI guidelines, a candidate shall be declared to have passed in CA IPCC and CA Final by scoring a minimum of 40% marks in each individual subject and 50% marks in aggregate of all the subjects at one sitting either both the groups or a single group.

CA Final Course Exam Papers

Group 1
Paper 1: Financial Reporting
Paper 2: Strategic Financial Management
Paper 3: Advanced Auditing & Professional Ethics
Paper 4: Corporate & Economic Laws (Part 1- Corporate Laws, Part 2- Economic Laws)

Group II
Paper 5: Strategic Cost Management & Performance Evaluation
Paper 6: Elective Paper
List of all Elective Papers:
6A- Risk Management
6B- Financial Services & Capital Markets
6C- International Taxation
6D- Economic Laws
6E- Global Financial Reporting Standards
6F- Multi-disciplinary Case Study
Paper 7: Direct Tax Laws & International Taxation (Part 1- Direct Tax Laws, Part 2- International Taxation)
Paper 8: Indirect Tax Laws (Part 1- Goods & Services Tax, Part 2- Customs & FTP)

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