1. Session I – (Two Sections – Two Hours – 100 Marks)
   • Section A : Fundamentals of Accounting (60 Marks)
   • Section B : Mercantile Laws (40 Marks)
2. Session II – (Two Sections – Two Hours – 100 Marks)
   • Section C : General Economics (50 Marks)
   • Section D : Quantitative Aptitude (50 Marks)

As per ICAI (Institute of Chartered Accountants, India) the candidates will be declared as passed if they obtain a minimum of 50% marks. This is a multiple choice questions based exam, hence its recommended to go through all the options and read as much information prior to the exam on the respective subjects. The study material offered by the Chapter is most important course book to go through for the exam and the additional books should be read if you have got extra time because main focus should be on the study material only.

A career in Chartered Accountancy expects you to thoroughly know the personal Income Tax, Corporate Tax and other matters relating to tax laws. You should be able to grasp the changes in the laws immediately and also the implication of the changes on the tax matters of your clients. You will be required to audit the large corporations and submit the report to the board of directors and share holders. Your report is very valued to the share holders and the bankers of the corporations. So, you should be a man of high morals and integrity. The reports you submit to the management should contain the true financial picture of the company and also you should suggest ways and means to come out of the difficult period of the company if it is passing through one. You will be drawing up the Balance Sheet of the company after thoroughly auditing the accounts of the company.

A career in Chartered Accountancy is a dream career. But, you have to work hard to realize your dream and get recognized in the society. If you have a flair for playing with numbers and interested in legal matters you can take up this career. You have the option to work in a big corporate for a handsome salary and perquisites or you can practice on your own. But, you should have patience to wait till you are recognized in the private practice.

The Institute of Chartered Accountants of India [ICAI] is a accountancy body whose headoffice is located in New Delhi and five regional councils located in Mumbai, Chennai, Kolkata, Delhi & Kanpur and 117 branches all over the country. The ICAI institute has 18 chapters located at Abu Dhabi, Bahrain, Botswana, Doha, Dubai, Indonesia, Jeddah, Kuwait, London, Melbourne, Nairobi, Nigeria, Port Moresby, Riyadh,
Saudi Arabia, Sydney, Toronto and Zambia which handles the students courses, examinations and complete procedures.

Requirements Steps to become a CA :

1. Once you pass out your Class 10th examinations from a school which is recognized by the central government you need to Enrol with the Institute for Common Proficiency Test.
2. After completing the Class 12 ie Senior Secondary Examinations the student should appear for Common Proficiency Test which is held twice a year ie june & december though the exam dates keep changing.
3. Join PCC, articled training with a certified Chartered Accountant and register for a 100 Hours Information Technology Training[ITT] with listed institutes like NIIT, Aptech etc after passing CPT & 10+2 Exams.
4. The Student should complete the 100 Hours ITT Course within 3 months of time which is generally a 25days program based on 4 hours/day schedule with the computer institute and its useful for learning computer based auditing and related computer course.
5. Next the CA Student has to appear for PCE Exam[Professional Competence Examination] if he has worked as a article clerk with a CA for a period of 15 months minimum 3months prior to the exam month and also has to have completed the 100 Hours computer training course. Note that 8 months of audit training is equally treated as 6 months of articled training as per the requirement.
6. Next the student has to join the CA Final course after passing the above mentioned PCE and while registering collect study materials and start the preperation for final CA Exams. He should also complete General Management and Communication Skills Course during the last 12 months of articled trianing and should also have completed 3.5 years articled training.
7. Appear for the final CA Exam when the practical training is completed. Pass the final exam and complete the General Management and Communication Skills Course[GMCS]

After the completion of all the above mentioned steps , the student would be called Associate Chartered Accountant[ACA] because he is in the starting stage and after professional experiance he would become Fellows Chartered Accountant[FCA] after which he is eligible to hold a certificate for public practice.

List of Chartered Institutes all over the World :
* Institute of Chartered Accountants of Australia
* Bahamas Institute of Chartered Accountants
* Institute of Chartered Accountants of Bangladesh
* Institute of Chartered Accountants of Barbados
* Canadian Institute of Chartered Accountants
* Institute of Chartered Accountants in England & Wales
* Institute of Chartered Accountants of Ghana
* Institute of Chartered Accountants of Guyana
* Institute of Chartered Accountants of India
* Institute of Chartered Accountants in Ireland
* Institute of Chartered Accountants of Jamaica
* Institute of Chartered Accountants of Namibia
* Institute of Chartered Accountants of Nepal
* New Zealand Institute of Chartered Accountants
* Institute of Chartered Accountants of Nigeria
* Institute of Chartered Accountants of Pakistan
* Institute of Chartered Accountants of Scotland
* Institute of Chartered Accountants of Sierra Leone
* South African Institute of Chartered Accountants
* Institute of Chartered Accountants of Sri Lanka
* Institute of Chartered Accountants of Trinidad and Tobago
* Institute of Chartered Accountants of Zimbabwe

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