Chartered Accountancy (CA) - CA Program and CA Coaching in India
Chartered Accountant is a certification given by a statutory body to an accountant that he/she is trained & qualified to handle matters related to accounting and taxation of a business. Some of these are file tax returns, audit financial statements, and business practices, maintaining records of investments, preparing and reviewing financial reports and documents. With the finest CA online classes & certification, She/he is also qualified to offer advisory services to companies and individuals.
The Chartered Accountant program consists of three levels. It is designed by the ‘Institute of Chartered Accountants of India’ (ICAI). ICAI is a statutory body that regulates and maintains the profession of chartered accountancy in India.
Based on the Scheme of Education and CA Coaching in Bangalore or an online CA courses, a candidate can pursue Chartered Accountancy Course either by doing the Foundation Course or by taking the direct Entry Route. Foundation course is the first step to the course after Class XII, while Direct Entry is for those who have completed Graduation.
Eligibility
- Candidates who have passed 10thclass or equivalent can apply for the Common Proficiency Course (CPC) first.
- Candidates with 12th/PUC or Equivalent have to qualify in the CA Foundation exam.
- Candidates with graduation or post-graduation can go for direct entry to the intermediate level.
- Direct entry can be availed only by candidates with a minimum of 55% score for graduates/post graduates in commerce whereas other graduates or postgraduates require a minimum of 60%.
Highlights
- Topmost qualification in India for Finance professionals
- 50% marks to Pass for group or level
- Signing authority
- Written or Offline exams
- Acceptance across India and various countries
- Exams are available in English as well as Hindi
Number of Papers in Detail
- CA certification has 4 Levels and CA Coaching in India covers all 4 levels–
- CA Foundation
- CA Intermediate
- Articleship
- CA Final
CA Foundation
- 2 Exam Windows – May and November.
- 4 Papers – (2 Descriptive and 2 Objective)
- Total Marks – 100
- Duration – 3 hours per Paper
- The objective type of questions will be having negative marking for wrong answers. 1/4th of the marks will be deducted for each wrong answer.
- The minimum score is 40% in each paper and minimum 50% marks, collective of all the papers to pass the CA foundation exam.
When to register for Foundation Online:
Registrations are accepted 60 days before the first day of the month in which the examination is held.
Appearing for Foundation Exam:
A student can appear for the chartered accountant course after 12th class and immediately register and appear for Foundation. The sooner she/he starts, CA coaching classes in Bangalore or online CA course the better for their confidence and performance.
Students need to wait for at least a minimum of 60 days post registering for the exam.
CA Foundation is conducted as a qualifying exam that tests whether students are proficient to pursue Chartered Accountancy or not. With the best online CA coaching or with our best CA coaching classes in India, it is an easy milestone to achieve.
CA Intermediate
After the successful completion of the CA Foundation, CA Intermediate is the next big hurdle. Our CA coaching classes in Bangalore is comprehensive taking into account all the nitty-gritty mentioned below
- 2 Exam windows – May and November
- 2 Groups
- Each group contains 4 paper
- Duration – 3 hours
- The candidates will have to score a minimum of fifty percent marks in the group to qualify for the exam.
- The question paper will be of a maximum of 100 marks, and a minimum of forty percent marks are required to clear the individual paper.
- There will be no negative marking as per the exam pattern of CA intermediate 2020.
- If the candidates are appearing for both groups then the calculation of fifty percent qualifying marks will be done from the total of both groups. The total should be a minimum of 400 marks to clear the exam.
- To get exemption in any paper the candidates will have to secure a minimum of sixty marks in that paper.
When to register for Intermediate:
Registrations are accepted 9 months prior to the exam following which they are required to complete 100 hours of Information Technology Training.
Articleship
Candidates can start their articleship training either after clearing both groups or after clearing at least one group of IPCC. It is a three-year training program designed to help students gain complete work experience.
Completion of CA intermediate level is mandatory before becoming eligible for CA final level registration. This can be achieved by joining one of the best CA coaching classes in India.
CA Final
- 2 Exam windows – May and November
- 2 Groups
- Each group contains 4 paper
- Duration – 3 hours
- The candidates will have to score a minimum of fifty percent marks in the group to qualify for the exam.
- The question paper will be of a maximum of 100 marks, and a minimum of forty percent marks are required to clear the individual paper.
- There will be no negative marking as per the exam pattern of CA Final 2020.
- If the candidates are appearing for both groups then the calculation of fifty percent qualifying marks will be done from the total of both groups. The total should be a minimum of 400 marks to clear the exam.
- To get exemption in any paper the candidates will have to secure a minimum of sixty marks in that paper.
Registration Procedure for CA
Registration is a simple process. Students can pick up the prospectus for Rs.100 at the sales counter of decentralized offices and submit it along with the filled-in registration form downloaded from Institute's website www.icai.org. The form should be submitted at the concerned Regional Office in consonance with the address. Study materials for ATC and the registration letter will be issued on receipt of filled-in form and requisite fee by the appropriate decentralized office.
Students on successful completion of 12 months’ work experience required to submit prescribed Application Form (link: https://resource.cdn.icai.org/14835ATC.pdf ) to the concerned Regional Office, which is then processed and sent to the Examination Division for the issue of “Accounting Technician Certificate”.
Cost of the program
The fee for a CA program is nominal and inclusive of the cost of study material. Apart from that students have to pay Rs.9000 for registering with IPPC and Rs.6700 for CPT.
Prospects of the online CA course and certification
Increased Job Prospects - Different Roles, Different Names
CA coaching in India or the online CA course offers a well-rounded approach and gives you the benefit of being able to take on various roles -
- A CA can start a career with auditing activities, which is the basic work area of a CA
- A fulfilling career in finance can be pursed after getting enough exposure to intricacies of finance
- As an investment consultant, fund manager or offer their services in the capital market
- CA also work in project management and consultancy services
- A can play the role of a top decision-maker taking the quick decision and make profits for the firm
- CA can choose to start up their own independent practice or make their clients on the basis of merit
- They can also apply for the job of Chartered Accountant in an existing firm
- The qualified CA can apply for a government job, public or private sectors both
Pay Packet
Candidates holding CA inter-qualification are paid between Rs.7, 500, and 15,000. In some cases where the candidates hold other qualifications like M.Com or an MBA, the pay can be higher.
Starting salaries range between Rs 12,000 to 30,000 For CA Final (FCA).
Pay packages for CAs are largely dependent on the type of firm and nature of the economy.
However, a CA with at least 5years of experience with a top firm can expect a salary between Rs.30, 000 to 75,000.
Start online CA course early with MyLogicVideos
In today’s cut-throat competitive world, you have to take every opportunity to be number one. Enrolling in best online CA coaching or in our CA Coaching in Bangalore is one of the steps you can take that will help you grab opportunities.
For online CA courses and CA coaching classes in Bangalore, students can enroll with MyLogicVideos and prepare for an entry-level test while pursuing 10+2. Students of commerce stream can also start CA coaching while pursuing this career.
Our latest online videos and live lectures for online CA courses are designed to encourage young talented students to have an aptitude for accounting education to become well-resourced and successful professionals.
Why MyLogicVideos is important?
We are one of the best Professional Qualification Training Providers in India and are committed to providing both, the best online CA coaching and the best CA coaching classes in India for CA FOUNDATION, IPCC, and CA FINAL. We have been in the field of CA coaching for more than a decade, offering remarkable results.
Training at MyLogicVideos is handled by experienced Chartered Accountants and subject-matter experts, who are really passionate about CA coaching in India and have got practical experience in their respective areas. Above all, our team at MyLogicVideos is always striving to do the best and provide value and make our students resourceful, creative, and critical thinkers.
CA coaching in India at MyLogicVideos has a seasoned approach and will prepare you for a stressful job with enormous responsibilities with no room for any errors. We also provide Regular updates of knowledge to avoid stagnation in career.
Mylogic Institute, Awarded recently as the Most Promising Ed Tech Start-Up of the Year 2022 by FICCI and New India Express, offers flagship courses like CMA USA, CPA USA, FP&A, CIA, CFP, IFRS ACCA, FRM and many more in the field of Finance and also has helped aspirants with job opportunities through their Industry tie-ups and collaboration.
How to enroll for an online CA course at MyLogicVideos
You can prepare for CA with our best online CA coaching at your comfort and convenience and enjoy the resources we provide on our online learning platform. What you need to do is follow the below steps:
- Visit www.mylogicvideos.com
- Click on ‘Sign up’
- Create your own account with the necessary details.
- Click on ‘CA’ at the top bar.
- Choose the paper(s)/Group(s) you wanted to prepare.
- Click on ‘Buy Now’
- Make the payment and save the receipt
- MyLogicVideo Team will approach you soon with access and other assistance.
- Once your access is active, you can log in anytime and watch video lectures and learn.
- If you get any sort of syllabus related doubts, you can either post in our discussion forum on the same website or can book an appointment with an expert faculty.
- MyLogicVideo will extend further support for you related to exam preparations, registration, and mock exams.