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ICAI is the second largest professional accounting body in the world in terms of number of membership and number of students after the AICPA. [7] It prescribes the qualifications for a Chartered Accountant, conducts the requisite examinations and grants Certificate of Practice.
The student is required to the articleship under a practicing Chartered Accountant for which they are also paid the stipend. As per the ICAI Notification, [3] the article assistant is required to work for 35 hours a week under his/her articleship. To ensure personality development and technical trainings, there are four short courses, two ...
Every incorrect answer on the CPT exam carries a 0.25 negative mark. A candidate is required to secure a minimum of 30 per cent marks in each Section and a minimum of 50 per cent marks in aggregate, in all the four Sections to pass the Common Proficiency Test.
As of 1st August 2024, the Institute had 414,758 active members. [16] 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 ...
CA Intermediate is the second level exam, of a course in India, Chartered Accountancy. It has six subjects and over 7000 pages of study material that a student is expected to cover in the nine months study period allotted to them.
This shall be applied to the companies of financial year 2015-16 voluntarily and from 2016 to 2017 on a mandatory basis Based on the international consensus, the regulators will separately notify the date of implementation of Ind-AS for the banks, insurance companies etc. Standards for the computation of Tax has been notified as ICDS in ...
The students' wing of WIRC is Western India Chartered Accountants Students Association (WICASA). The managing committee consists of 12 members who are Chartered Accountancy course students, pursuing their articleship. Apart from this Committee at regional level, there are separate WICASA Committees at Branch level which are again managed by ...
1993 (2017) Tribal Education [228] Madhav Institute of Technology and Science: Madhya Pradesh: Gwalior: 1957 (2024) Technology [229] National Institute of Advanced Manufacturing Technology: Jharkhand: Ranchi: 1966 (2024) Technology [230] National Council of Educational Research and Training: Delhi: New Delhi: 1961 (2023) Education [231]