Chartered Accountancy

CA Overview

“CA” is a very renowned and valued degree in India as well as in many other countries other than India. And hence it is also a fact that same is believed to be one of the toughest exams in India especially in Commerce stream. However, this should never de-motivate any student from joining it. There are many aspects of “CA” Curriculum which actually makes it interesting at the same time very important for professional life.

Entry Routes to Chartered Accountancy Course:

Foundation Route:

  • Register with Board of Studies (BoS) after appearing in Class XII examination.
  • Complete four months study period (i.e. register till 30th June / 31st Dec.).
  • Qualify Class XII examination (if not done earlier).
  • Appear for Foundation examination in November/May after passing 10+2 Examination.
  • Qualify Foundation Course.
  • Register with the BoS for the Intermediate Course.
  • Complete 8 months of study course.
  • Appear and Pass in either or both Groups of Intermediate Course.
  • Successfully complete Four Weeks Integrated Course on Information Technology and Soft Skills (ICITSS) any time after registering for Intermediate Course but before commencement of the Practical Training.
  • Register for Three Years Practical Training on passing either or both the Groups of Intermediate Course.
  • Register for the Final Course after qualifying both the Groups of Intermediate Course.
  • Successfully complete Four Weeks Advanced Integrated Course on Information Technology and Soft Skills (AICITSS) during the last two years of Practical Training but before appearing for Final Examination.
  • Appear in Final examination during last six months of practical training.
  • Complete Practical Training.
  • Qualify both groups of Final Course. Become Member.

Direct Entry Route:

The ICAI allows the following candidates to enter directly to its Intermediate Course:

  • A. Commerce Graduates/Post-Graduates (with minimum 55% marks) or Other Graduates/Post-Graduates (with minimum 60% marks) and
  • B. Intermediate level passed candidates of Institute of Company Secretaries of India and Institute of Cost Accountants of India

Why IPFC?

IPFC have earned great reputation as a key confidante and as a powerful institution as well as a close advisor to the aspiring candidates in Chartered Accountancy. We provide a platform by availing all the courses in the syllabi there by making it a single point destination to all aspirants. IPFC Provides coaching for Foundation, Intermediate and Final Courses conducted by ICAI.

At IPFC CA Campus, yesterday's success is today's benchmark, hence we intend on providing nothing but the best. We welcome you to IPFC CA Campus to explore more and realise your dreams.

Chartered Accountancy Course Contents

Paper 1: Principles and Practice of Accounting

Paper 2: Business Laws & Business Correspondence and Reporting

  • Section A: Business Laws
  • Section B: Business Correspondence and Reporting

Paper 3: Business Mathematics and Logical Reasoning &Statistics

  • Part I: Business Mathematics and Logical Reasoning
  • Part II: Statistics

Paper 4: Business Economics & Business and Commercial Knowledge

  • Part I: Business Economics
  • Part II: Business and Commercial Knowledge

Group I

Paper 1: Accounting

Paper 2: Corporate & Other Laws

  • Part I: Company Law
  • Part II: Other Laws

Paper 3: Cost and Management Accounting

Paper 4: Taxation

  • Section A: Income-tax Law
  • Section B: Indirect Taxes

Group II

Paper 5: Advanced Accounting

Paper 6: Auditing and Assurance

Paper 7: Enterprise Information Systems & Strategic Management

  • Section A: Enterprise Information Systems
  • Section B: Strategic Management

Paper 8: Financial Management & Economics for Finance

  • Section A: Financial Management
  • Section B: Economics for Finance

Group I

Paper 1: Financial Reporting

Paper 2: Strategic Financial Management

Paper 3: Advanced Auditing and Professional Ethics

Paper 4: Corporate and Economic Laws

  • Part I: Corporate Laws
  • Part II: Economic Laws

Group II

Paper 5: Strategic Cost Management and Performance Evaluation

Paper 6: Elective Paper (One to be chosen from the list of Elective Papers)

List of 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 and International Taxation

  • Part I: Direct Tax Laws
  • Part II: International Taxation

Paper 8: Indirect Tax Laws

  • Part I: Goods and Services Tax
  • Part II: Customs and FTP

Frequently Asked Questions

The three levels will now be called as Foundation, Intermediate and Final in place of earlier levels i.e. Common Proficiency Course (CPC), Intermediate (Integrated Proficiency Competence) Course and Final Course.

In May, 2018.

For registering in Foundation Course, a student must have appeared in class 12th Examination.

You can register in CPC till 30th June 2017 and can appear for CPT in Dec. 2017. In case you register after 30th June 2017, you have to compulsorily register in Foundation (under the Revised Scheme) and can appear for Foundation Examination in May 2018.

For appearing in Foundation Examination, a student must have completed 4 months of study period and have qualified class 12th Examination. Accordingly, you will be able to appear in May 2018 Foundation exams.

The Foundation Examinations will be held in the month of May and November every year. 31st Dec. and 30th June is the cut-off date for registration for being eligible to appear in May and November examinations respectively covering a study period of four months.

You can register for the Foundation Course as per the Revised Scheme on or after 1st July, 2017. The 1 st Examination of Foundation under the Revised Scheme will held in May, 2018 Examination so you will be eligible to appear in May 2018. If you want to register for CA Course now, you can do so by registering for the existing Common Proficiency Course (CPC) till 30th June, 2017, the examination of the same will be held in December, 2017. In future however, any student who has appeared Class XII and registered for Foundation course on or before 30th June/31st December and after qualifying Class XII Examination will be eligible to write in the respective November/May examination.

There will be 4 papers in Foundation.

Out of 4 papers, 2 papers are subjective type (Paper 1 and 2) and rest of the 2 papers are objective type (Paper 3 and 4).

Yes. Negative marking is for Papers 3 and 4 only and not for subjective papers i.e. 1 and 2.

Paper 1: Principles and Practices of Accounting (100 Marks) Paper 2: Business Law & Business Correspondence and Reporting (100 Marks) Section A: Business Law (60 Marks) Section B: Business Correspondence and Reporting (40 Marks) Paper 3*: Business Mathematics and Logical Reasoning &Statistics (100 Marks) Part I: Business Mathematics and Logical Reasoning (60 Marks) Part II: Statistics (40 Marks) Paper 4*: Business Economics & Business and Commercial Knowledge (100 Marks) Part I: Business Economics (60 Marks) Part II: Business and Commercial Knowledge (40 Marks)

No. You must take the Exam in English.

You can qualify Foundation Examination by securing 50 % in aggregate and 40 % in each subject individually.

You can appear in Intermediate exams in May 2018. You have to complete 8 months of study period before appearing for the Intermediate Examination.

The results of CPT June 2017 will be declared in July 2017 while the existing scheme will be discontinued w e f 1st July 2017. Hence, you will have to compulsorily register in Intermediate Course under New Scheme.

Yes, after clearing CPT in July, 2017, you can register for Intermediate Course under the Revised Course.

No. The basic application process is the same for all candidates. Like U.S. applicants, international applicants must select the jurisdiction in which they wish to qualify and file an application with the Board of Accountancy in that jurisdiction. Any special instructions for international applicants are specified in board requirements.

For appearing in Intermediate examination a study period of eight months is required. Accordingly, you have to register latest by 1st Sep., 2017 in Intermediate Course for being eligible to appear in May 2018 Examination.

The Intermediate Examinations will be held in the month of May and November every year. 1 st Sep. and 1st March is the cut-off date for registration for being eligible to appear in May and November examinations respectively under the Foundation Route.

You have to register in Intermediate on 1st July 2017 and complete 4 weeks of ICITSS and commence the Practical Training latest by 1st August 2017 to be eligible to appear for May 2018 examination. Through Direct Entry route, a Student can appear in Intermediate after completion of 9 months of Practical Training. Under Direct Entry Route, a student has to commence the practical training latest by 1 st August/ 1st Feb. for being eligible to appear in May/ Nov. examinations respectively.

After passing either or both groups of Intermediate examination and successfully completing Four Weeks Integrated Course on Information Technology and Soft Skills (ICITSS), you can commence Practical Training.

Immediately after registering for Intermediate Course and successful completion of Four Weeks Integrated Course on Information Technology and Soft Skills (ICITSS), you can commence Practical Training.

After passing either or both groups of Intermediate examination and successfully completing Four Weeks Integrated Course on Information Technology and Soft Skills (ICITSS), you can commence Practical Training.

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