Becoming a Chartered Accountant (CA) in India in 2024-2025 is a prestigious and rewarding career path that offers numerous opportunities in the fields of accounting, auditing, taxation, and finance. The journey to becoming a CA involves rigorous academic training, practical experience, and a series of examinations conducted by the Institute of Chartered Accountants of India (ICAI). This blog provides a detailed step-by-step guide on how to become a CA in India in 2024-2025, including the latest updates and requirements.
Entry Routes To The CA Course | How To Become a CA?
Route I: Foundation Course
This is an entry to the CA Course for the candidates who have appeared for class XII examinations.
Under this route, a Class X passed student may register himself with the Board of Studies (BoS) of the Institute for the Foundation Course.
Steps under the foundation route scheme are as under:
- Register and complete 4 months of theoretical education for the Foundation Course.
- Apply to appear in the Foundation examination by filling up the prescribed Exam Form released by the Examination Section/ Department.
- Appear in the Foundation Examination after appearing in the Class XII Examination.
- Qualify Foundation Examination.
- Register for the Intermediate Course after qualifying Class XII Examination and Foundation Examination.
- Complete 8 months of theoretical education for the Intermediate Course.
- Apply to appear in Intermediate examination by filling up the prescribed Exam Form.
- Appear and Pass both the Groups of Intermediate Examination.
- Complete Integrated Course on Information Technology and Soft Skills (ICITSS) before commencement of Practical Training.
- Register for two year Practical Training after passing both the Groups of Intermediate Examination and completing ICITSS.
- Register for the Final Course after qualifying both Groups of Intermediate Examination.
- Complete the four Self-paced Online Modules and qualify for the online assessment.
- Complete Practical Training.
- Undergo and Qualify Advanced ICITSS after completion of Practical Training but before appearing in the Final Examination.
- Apply for appearing in Final examination by filling up the prescribed Exam Form.
- Appear in Final Examination after completing six months from the end of the Practical Training period.
- Qualify both groups of Final Examination.
- Become a Member.
Note: Students may opt for BAA Certificate after passing both groups of Intermediate examination, completion of 2 years of Practical Training and Advanced ICITSS and qualifying self-paced online modules by paying the prescribed fee.
Route-II Direct Entry
The ICAI allows the following candidates to enter directly into its CA Intermediate Course.
Steps under the Direct entry scheme are as under:
- Register with the BoS for the Intermediate Course (provisional registration allowed to the Final year graduates/post graduates).*
- Complete 8 months of theoretical education of the Intermediate Course.**
- Apply for appearing in Intermediate examination by filling up the prescribed Exam Form.
- Appear and Pass both the Groups of Intermediate Examination.
- Complete Integrated Course on Information Technology and Soft Skills (ICITSS) before commencement of the Practical Training.
- Register for two year Practical Training after passing both the Groups of Intermediate Examination and completing ICITSS.
- Register for the Final Course after qualifying both Groups of Intermediate Examination.
- Complete the four Self-paced online modules and qualify the online assessment.
- Complete Practical Training.
- Undergo and qualify Advanced ICITSS on completion of Practical Training but before appearing in the Final Examination.
- Apply for appearing in Final examination by filling up the prescribed Exam Form.
- Appear in Final Examination after completing six months from the end of the Practical Training period.
- Qualify both groups of Final Examination.
- Become a Member.
Note: Students may opt for a BAA Certificate after passing both groups of Intermediate examination, completing 2 years of Practical Training and Advanced ICITSS and qualifying self-paced online modules by paying the prescribed fee.
Papers at the CA Foundation Level
| Paper 1 | Accounting | 100 marks |
| Paper 2 | Business Laws | 100 marks |
| Paper 3 | Quantitative Aptitude
|
100 marks |
| Paper 4 | Business Economics | 100 marks |
Papers at CA Intermediate Level
| Group I | ||
| Paper 1 | Advanced Accounting | 100 marks |
| Paper 2 | Corporate and Other Laws | 100 marks |
| Paper 3 | Taxation
|
100 marks (50 marks each) |
| Group II | ||
| Paper 4 | Cost and Management Accounting | 100 marks |
| Paper 5 | Auditing and Ethics | 100 marks |
| Paper 6A | Financial Management | 50 marks |
| Paper 6B | Strategic Management | 50 marks |
Papers at CA Final Level
| Group I | ||
| Paper 1 | Financial Reporting | 100 marks |
| Paper 2 | Advanced Financial Management | 100 marks |
| Paper 3 | Advanced Auditing, Assurance and Professional Ethics | 100 marks |
| Group II | ||
| Paper 4 | Direct Tax Laws and International Taxation | 100 marks |
| Paper 5 | Indirect Tax Laws | 100 marks |
| Paper 6 | Integrated Business Solutions (Multi-disciplinary case study involving Papers 1 to 5 at the final level along with Self-Paced Online Modules Sets A and B and Strategic Management) | 100 marks |
CA Education And Training At A Glance
You Can Also Read:
- CA Course Duration After 10th, 12th & Graduation
- Tips to Crack CA in First Attempt
- Time Saving Calculator Tricks for CA Foundation Students
- CA Intermediate New Study Material
- CA Foundation New Syllabus
- CA Inter New Syllabus
Additional Tips for Aspiring CAs
- Stay Updated: Regularly check the ICAI website for updates on syllabus, exam dates, and other important notifications.
- Use ICAI Resources: Utilize the study materials, practice manuals, and revision test papers provided by ICAI.
- Time Management: Plan your study schedule effectively to cover all topics and allow time for revision.
- Mock Tests: Take mock tests to familiarize yourself with the exam pattern and improve your time management skills.
- Join Study Groups: Joining study groups can provide additional support, motivation, and resources for preparation.
- Seek Guidance: Don’t hesitate to seek guidance from mentors, teachers, or practicing CAs to clarify doubts and gain insights into the profession.
Why choose MASTERMINDS for the CA Coaching?
- Premier Institution: MASTERMINDS is a leading institution renowned for its specialized coaching from intermediate to CA/CMA Final levels, with an annual intake of nearly 20,000 students.
- Visionary Leadership: Founded by three visionary edupreneurs who attained the prestigious CA qualification at the young age of 21, MASTERMINDS embodies a culture of excellence and innovation.
- Extensive Coaching: With 800-1000 hours of rigorous coaching for the CA Foundation, MASTERMINDS ensures thorough preparation and conceptual clarity.
- Exceptional Track Record: MASTERMINDS boasts an impressive track record, with numerous students securing top ranks and achieving remarkable success in the CA exams.
- Comprehensive Study Materials: Research-oriented study materials provided by MASTERMINDS facilitate effective learning and thorough preparation.
- Wide Reach: With a presence in multiple cities across South India and a strong online presence, MASTERMINDS caters to students from diverse geographical locations.
- Strong Community: Boasting a vast student base and a robust online presence, MASTERMINDS fosters a supportive community conducive to learning and growth.
CA & CMA Online Classes: