Chartered Accountancy

Global career opportunities through a premier professional Institute Board of Studies
The Institute of Chartered Accountants of India New Delhi

About the Institute
The Institute of Chartered Accountants of India (ICAI) is the premier professional accounting body of the country, established in July, 1949 under the Chartered Accountants Act, 1949, as amended by the Chartered Accountants (Amendment) Act, 2006 enacted by the Parliament to regulate the profession of Chartered Accountants in India. Headquarters in New Delhi. 5 Regional Offices located in Mumbai, Chennai, Kolkata, Kanpur and New Delhi. 119 Branches in India. 344 CPE Chapters/Study Circles/Study Groups in India. 21 Chapters outside India.

Career Opportunities for Chartered Accountants
Why Chartered Accountancy Course? Chartered Accountancy Course offers the students a dream career in the specialized areas of Accounting, Auditing, Corporate Finance, Corporate Laws, Taxation. Chartered Accountants are highly demanded professionals in industry. Chartered Accountants are statutorily recognized audit practitioners. Chartered Accountants are greatly sought-after professionals in the practice of Income-tax, Service-tax and other indirect tax areas. Chartered Accountants are equipped to act as management consultants.

Career Opportunities for Chartered Accountants
(1) Independent Professional Practice (2) Management Consultancy service/practice (3) Service in industry / Govt. organisation (1) Independent Professional Practice As practitioners of accounting, CAs may start professional practice as a proprietor or join any firm as a partner or staff member. A CA provides compliance and review services, also acts as a business advisor by rendering all kinds of services including the preparation of financial reports, helping the business to secure loans, preparing financial projections and determining the viability of a business in following traditional areas besides practising: (1) Audit (2) Income Tax (3) Service Tax (4) Value Added Tax

The range of management consultancy services rendered by CAs reflect their expertise in diverse areas like  (1) Financial Management (2) Strategic Management (3) Planning and financial policy determination. . increase their efficiency and achieve their objectives.Career Opportunities for Chartered Accountants (2) Management Consultancy Services A CA plays a vital role in assisting businesses to improve the use of their resources.

a CA may take up the job of an educator at a University/college level. CFOs.Career Opportunities for Chartered Accountants (3) Service in Industry/Government Organisation A CA may prefer to join an industry or government department and ultimately hold responsible positions. Managing Directors. COOs. Alternately. in the following sectors:(1) Banking (2) Information Technology (3) Insurance. Many chartered accountants hold responsible positions in business or industrial entities as CEOs. . Director (Finance).

CPT Examination Twice a year in June and December Appeared or passed in 12th standard examination and registered for CPT at least 2 months prior to the first day of the month in which the CPT exam is scheduled to be held. . Students appearing in 12th class examination in March 2010 will be eligible to appear in CPT examination to be held in June 2010. There is also provision for On-line CPT Examination.

students should register for CPT course with the Board of Studies of the Institute on or before 1st October 2009. CPT Prospectus containing registration form is available for Rs.CPT Examination For December 2009 examination.100/ from the regional and branch offices of the Institute all over India. .

students are required to fill in CPT examination form separately.org .CPT Examination After getting registered for CPT course. CPT exam Notification/Announcement may be looked for in Newspapers/www. For CPT June/December examination.icai. Information Brochure cum Application Form costing Rs.600/ (inclusive of examination fee) would be available from all regional and branch offices of ICAI in the month of April/October onwards.

Small paragraph of two-three lines. Numerical having four alternative answers (wherever applicable). followed by a question having four alternative answers. Fill in the blanks having four alternative answers.Pattern of Objective Type Questions One question having four alternative answers. .

Fee structure Fee for (i) Indian students residing in India and other SAARC countries and Bhutan (ii) Students belonging to other SAARC countries and Bhutan Fee for (i) students of foreign countries other than SAARC countries and Bhutan (ii) Indian students residing abroad (other than SAARC countries and Bhutan) Rs.000 US$ 350 (approx. 6.) .

such as personality development. etc. However. business environment. communication skills. after passing Class 10 examination Appear and pass in CPT after appearing in (10+2). office procedures. you should pass both CPT and 10+2 before registering for Integrated Professional Competence Course (IPCC) Enrol for Group I or Group II or for both Group I and Group II of IPCC Successfully complete 9 months of Study Course from the date of IPCC registration Successfully complete Orientation Course of one week spanning 35 hours and covering topics.To Qualify as a Chartered Accountant Enrol for Common Proficiency Test (CPT). . general commercial knowledge.

Register as Articled Assistant for a period of 3 years. Ethics and Communication (3) Cost Accounting and Financial Management (4) Taxation.To Qualify as a Chartered Accountant Successfully complete 100 hours Information Technology Training (ITT) Appear and pass Group I as well as Group II of Integrated Professional Competence Examination (IPCE) Group I comprises of four papers as under: (1) Accounting (2) Business Laws. . Group II consists of three papers: (5) Advanced Accounting (6) Auditing and Assurance (7) Information Technology and Strategic Management. on passing either Group I or both Groups of IPCE.

To Qualify as a Chartered Accountant Appear in CA Final Examination during the last 6 months of 3 years of articled training Pass Group I as well as Group II of CA Final Examination Complete 3 years period of articled training Successfully complete the Course on General Management and Communication Skills (15 days) Enrol as a member of ICAI and be eligible to designate yourself as ³Chartered Accountant´ .

business environment. communication skills. office procedures. . general commercial knowledge etc. Enrol for ATC Successfully complete 9 months of Study Course from the date of registration for the ATC Successfully complete Orientation Course of one week spanning 35 hours and covering topics. such as personality development. you should pass both CPT and 10+2 before registering for ATC.To become an Accounting Technician (Accounting Technician Course  ATC) Enrol for Common Proficiency Test (CPT) after passing Class 10 exam Appear and pass in CPT after appearing in (10+2). However.

(3) Cost Accounting and Financial Management (4) Taxation.To become an Accounting Technician (Accounting Technician Course) Successfully complete 100 hours Information Technology Training (ITT) Pass Group I of Integrated Professional Competence Examination (IPCE) Group I comprises of four papers: (1) Accounting (2) Business Laws. Ethics and Communication. Successfully complete one year work experience under a chartered accountant in practice or in industry Get ATC Certificate Designate as ³Accounting Technician´ .

.To become a CA. even after becoming Accounting Technician Enrol for Group II of Integrated Professional Competence Course (IPCC) Register as an Articled Assistant for a period of 3 years Pass Group II of IPCE Appear in CA Final Examination during the last 6 months of 3 years of articled training Pass both Groups of CA Final Examination Complete 3 years period of articled training Successfully complete the Course on General Management and Communication Skills (15 days) Enrol as a member of ICAI to be eligible to designate yourself as ³Chartered Accountant´.

Accounting Technician Course (ATC) Accounting Business Laws. Ethics and Communication Cost Accounting and Financial Management Taxation (Direct & Indirect Taxes). .Course Structure at a Glance Accounting Technician Course (CPT + ATC) Common Proficiency Test (CPT) Section A Section B Section C Section D (1) (2) (3) (4) ± ± ± ± Fundamentals of Accounting Mercantile Laws General Economics Quantitative Aptitude.

Part-II Business Ethics. Accounting 2. Cost Accounting and Financial Management 4. Taxation (Direct & Indirect Taxes). Ethics and Communication. . Business Laws. Part-III Business Communication. 3.ATC (CPT + ATC) Accounting Technician Course (ATC) 1. Part-I Law  Business Laws. Company Law.

Chartered Accountancy Course (CPT + IPCC+ CA Final) Common Proficiency Test (CPT) Section A ± Fundamentals of Accounting Section B ± Mercantile Laws Section C ± General Economics Section D ± Quantitative Aptitude. .

Accounting Business Laws.Chartered Accountancy Course (CPT + IPCC+ CA Final) Integrated Professional Competence Course (IPCC) Group-I 1. 4. Ethics and Communication. . 2. Part-I Law  Business Laws Company Law Part-II Business Ethics Part-III Business Communication Cost Accounting and Financial Management Part-I Cost Accounting Part-II Financial Management Taxation (Direct & Indirect Taxes) 3.

Information Technology and Strategic Management. Auditing and Assurance 7. . Advanced Accounting 6.Chartered Accountancy Course (CPT + IPCC+ CA Final) Integrated Professional Competence Course (IPCC) Group-II 5.

Advanced Auditing and Professional Ethics 4.Chartered Accountancy Course (CPT + IPCC+ CA Final) CA Final Group-I 1. Corporate and Allied Laws. Strategic Financial Management 3. Financial Reporting 2. .

Chartered Accountancy Course (CPT + IPCC+ CA Final) CA Final Group-II 5. Service Tax & VAT. . Advanced Management Accounting 6. Direct Tax Laws 8. Information Systems Control and Audit 7. Customs). Indirect Tax Laws (Central Excise.

Data base Management System. . Webtechnology and System Security and Maintenance are strengthened. The training synchronizes theoretical knowledge with practical training.100 Hours Information Technology Training (ITT) The training components would focus on application softwares relevant for accounting and auditing. In addition. The ITT has been linked to theoretical knowledge imparted through Information Technology subject under Group II of IPCC. knowledge of Electronic Spread Sheet.

The 100 hours ITT is moduled in 20/40 days @ 5/3 hours per day on full time basis.100 Hours Information Technology Training (ITT) The 100 Hours ITT would commence after a student gets registered for IPCC. . The 100 hours ITT is conducted through Regional Councils and Branches of the ICAI for which a separate fee is charged.

6 hrs.About 100 hrs. 15 hrs. 15 hrs. . 5 hrs. Information Technology Training Topic Introduction to Computer Operating Systems Introduction to Word Processor ± MS-Word 2007 Introduction to Electronic Spread Sheets ± MS-Excel 2007 Introduction to Presentation Software ± MS-PowerPoint 2007 Data Bases Duration 1 hr. 6 hrs.

5 hrs. Information Technology Training Topic Other Utilities & Office Automation Tools ± Outlook 2007 Accounting package Computer Aided Audit Techniques Web Technology & System Security and Maintenance Introduction to Visual Basic Digital Signature and Verification of Electronic Records Total Duration 3 hrs.About 100 hrs. 100 hrs. . 10 hrs. 20 hrs. 12 hrs. 2 hrs.

New Delhi. Hisar.Com/BBA. Courses To facilitate pursuance of graduation and post-graduation courses by the students. M. ICAI has entered into MOUs with the following Universities: (i) Indira Gandhi National Open University (IGNOU). Coimbatore for B. (ii) Netaji Subhas Open University. (iv) Bharathiar University. (iii) Guru Jambeshwar University. Kolkata. Com and M. .Pursue B. Com.Com/MBA.

4.50 lacs to Rs.99 lacs Rs.PLACEMENT OPPORTUNITIES Packages offered by different companies in the Campus Interviews conducted during March ± April. 7. 3. 7. 3 lacs to Rs.99 lacs Rs.50 lacs to Rs. 3. 9 lacs & above Rs. 8. 5 lacs to Rs.49 lacs Rs. 2009 Salary Range per annum Rs.49 lacs Number of Candidates 11 79 189 105 11 .

2009 Campus Interviews Sl. Company Name No. 1. 6. Jaypee Capital Services Ltd. 2. IOCL SBI Genpact SIDBI Power Grid Corporation Ltd.Top Recruiters during March ± April. 3. Selected 64 40 34 28 18 18 . 5. 4.

Remuneration Offered (Rs. 2009 Campus Interviews Sl. 3.68 6. PWC Company Name Tolaram Corporation Pvt. 7.00 8. Ltd. 1. 6. 11. ONGC BPCL Rural Electrification Corporation Ltd. 9. 10. In lacs P. 4. Ltd. SEBI Power Grid Corporation Nestle India Ltd.00 7. No.32 .50 6.) 23.50 7. IOCL Credit Suisse India Pvt.50 8.00 6. 8. 5. Jaypee Capital Services Ltd.20 7.Top Ten Remunerations offered during March ± April.50 7. 2.00 (International Posting) 9.A.

06 lacs per annum during March ± April. 2009 Campus Interviews . 6.The average salary offered Rs.

56 June.82 .-2008 June.2009 38.42 37.Trends of Pass Percentages in CA Examination CPT Examination 39 38 37 36 35 34 33 32 31 33. 2008 Dec.

52 20 15 10 5 0 Group-I Group -II Both Groups 3.09 28.97 12.30 .76 1.Trends of Pass Percentages in CA Examination Professional Education (Examination-II) 30 25 20.05 May.53 20.-08 June.25 7.08 Nov.81 0.98 16.

27 May.-08 June-09 .52 25.31 30.42 22.05 14.08 Nov.68 36.44 22.82 14.96 38.Trends of Pass Percentages in CA Examination Professional Competence Examination 45 40 35 30 25 20 15 10 5 0 Group-I Group-II Both Groups 21.

83 28.08 Nov-08 June-09 .16 25.04 15 10 5 0 Group-I Group-II Both Groups 13.42 27.Trends of Pass Percentages in CA Examination Final Examination 40 35 30 25 20.85 36.72 32.00 May.32 24.27 20 15.

Common Proficiency Test (CPT) Registration Fee : Rs. 10. 600 2. Integrated Professional Competence Course (IPCC) Registration Fee : Rs.000 Exam Fee : Rs. 1.000* 6. 3. 4. 1.500 Exam Fee : Rs.600 4.07.000* Total Rs. 9. GMCS Fee : Rs. 8. Final Examination Registration Fee : Rs.000 Exam Fee : Rs. 2.950 * Likely to undergo revision shortly. 6.49.2009 1. .000 3. Orientation Fee for IPCC students : Rs. Accounting Technician Course (ATC) Registration Fee : Rs. 100 hours ITT Fee : Rs.000 Exam Fee : Rs.000* 7.Fee Structure for CA Course at a glance as on 01.250 5. 4.

000 1.000 =18.000 1.250 v 12 36.500 v 12 45.000 = 15.Minimum Stipend payable per month to articled assistants Cities/Towns having population of 20 lakhs and above Cities/Towns having population of above 4 lakhs but less than 20 lakhs Cities/Towns having population of less than 4 lakhs I year II year Remaining Total period during 3-year period 1.000 1.000 750 v 12 = 9.250 v 12 = 15.000 v 12 = 12.000 v 12 = 12.000 .000 v 12 27.000 750 v 12 = 9.000 1.000 1.000 500 v 12 = 6.000 = 12.

org/ bosnoida@icai.http://www.org .icai.