What are the criteria and eligibility requirements to become a chartered accountant?
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Criteria and eligibility requirements to become a chartered accountant as u have said for is to pass the chartered accountancy examination conducted by ICAI. It is conducted at three phases-
-CA Foundation | CA CPT
-CA Intermediate | CA IPCC
-CA FINAL
and articleship for 3yrs.after group I of IPCC
However, if a student has completed graduation then can start articleship immediately and give only last 2 phases CA Intermediate | CA IPCC and CA FINAL.
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Hie Kruthika,
**Criteria & Eligibility requirements to become a CA are :-**
1. A Candidate who has passed the 10th examination conducted by an examining body constituted by law in India (or an examination recognized by the Central Government as equivalent thereto) can register for the Common Proficiency Test (CA Foundation | CA CPT) of the CA programme. But they can write the examination only after passing the Senior Secondary Examination (10+2) or waiting for the 10+2 exam results. There are no restrictions with regard to the age of the candidate or marks secured in Senior Secondary Examination.
2. Commerce graduates with 50% marks, non-commerce graduates with subjects other than Mathematics with an aggregate of 55% marks and non-commerce graduates with Maths with an aggregate of 60% marks are exempted from the Common Proficiency Test (CA Foundation | CA CPT) and are permitted to register for Integrated Professional Competence Course (CA Intermediate | CA IPCC).
3. Candidates who have passed the Final Examination conducted by the Institute of Cost & Works Accountants of India (ICWAI) or the Institute of Company Secretaries of India (ICSI) can register for Professional Competency Course.
4. After passing Integrated Professional Competence Course, the candidates can register as Articled clerks for practical training and for admission to the Final course of the Chartered Accountant. Every graduate above18 years of age is eligible to register as an articled clerk/ Audit Clerks for Chartered Accountancy. Computer Training Programme is compulsory for the candidates who wish to register themselves as auditor clerk. They should under go 100 hours training in Information Technology along with CA Intermediate | CA IPCC.
5. Candidates aspiring for this career should have a pleasing personality, practical approach and a natural instinct to deal with figures to do well in this profession.
For further questions you can visit to site www.icai.org.in
Dear Kruthika,
As per the ICAI Structure, there is no eligibility criteria. AS per the policy of icai you should complete your senior secondary only regardless the fact that you are science student, commerce student, arts student etc. So if you completed your senior secondary successfully than you are eligible to enroll for such precisous course. its a very reputed course in our country.
So as per above descussion, you can enroll for such course if you complete your schooling successfully.
Any other query feel free to contact us
Writer
CA Chitranjan Agarwal