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After clearing the CA Foundation Exam, he can register for CA Intermediate Course and should complete the Orientation Program and Information Technology Training (ITT). The aspirant is required to pass both groups of CA Intermediate to Join the Articleship, a 2-year practical training program with a registered Chartered Accountant or a ...
CA Foundation contains 5 series of papers. The CA Foundation exam replaced the CA-CPT exam and now is conducted by the Institute of Chartered Accountants of India (ICAI) thrice a year. After the CA Foundation exam, students need to complete the Intermediate and Final levels as well to become a chartered accountant
Flowchart on how to become a Chartered Accountant by the Examination route The CPT or Common Proficiency Test was the first level of Chartered Accountancy examinations in India which has been changed to CA Foundation according to ICAI's revised scheme.
Entry to the profession can be made by taking the CA Foundation Course after completion of schooling (12th grade). Alternatively, graduates may train as an articled assistant for three years in a chartered firm before final exam or after completion of Intermediate of Cost Accountant or Company Secretary.
The management of the institute is vested with its council with the president acting as its chief executive authority. A person can become a member of ICAI and become a financial (i.e. statutory) auditor of Indian Companies. The professional membership organization is known for its non-profit service.
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The average passing percentage up to the year 2020 has been 16.76% only, which means only 4 out of every 25 students appearing for the exam manage to pass it. That being said, the least passing percentage was just 8.88% in the attempt of November 2018 Chartered Accountancy Course in India. [1]
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