CA Course Details 2024: Full Form, Admission, ICAI Exam, Fees, Syllabus, and Salary Insights
The Chartered Accountancy (CA) course is a prestigious and rigorous professional program that equips individuals with comprehensive knowledge and skills in accounting, auditing, taxation, and financial management. In 2024, aspiring CAs can look forward to updated admission processes, details of CA course 2024 exam guidelines, structured fee structures, and an extensive syllabus that prepares them for a dynamic career. This post delves into the full form of CA, the step-by-step admission process, crucial exam details, associated fees, and the syllabus. Additionally, it explores the potential salary prospects, offering a complete overview for those aiming to embark on a rewarding journey in the field of Chartered Accountancy.
Visit Here for CA Foundation January 2025 Registration
CA Course Details 2024
Particulars |
Course Details |
|---|---|
| CA Full Form | Chartered Accountancy |
| CA Course Level | Certification |
| Course Exam Conducting Body | Institute of Chartered Accountants of India (ICAI) |
| CA Course Exams | Foundational Exam, Intermediate Exam, Articleship, Final Exam |
| CA Course Admission Routes | Foundation Course or Direct Entry |
| Eligibility Criteria | Foundation Route: After Class 12 Direct Entry Route: Graduation |
| CA Areas of Employment | Audit, Taxation, Banking, Finance, Management, etc. |
| Job Profiles | Accountants, Finance Managers, Accounting Managers, Business Analysts, Chartered Engineers, etc. |
| Average Salary | INR 10.8 LPA |
| Top Recruiters | KPMG, Deloitte, Ernst & Young (EY), Lodha & Co., PriceWaterhouseCoopers (PWC), etc. |
If you wants to register in CA Foundation January 2025, then CLICK HERE
Why Pursue a CA Course?
There is currently a record-high demand for CA course graduates in the global market. For candidates who have always wished to reside abroad and advance their career opportunities, earning a CA certification is an excellent choice. CA graduates can start their own auditing companies and offer auditing services to clients. Although the process of becoming a CA is challenging, many students choose it because it offers some of the best career prospects and stable employment in a variety of positions. Here’s the all details for CA Course 2024.
Career Versatility
Chartered Accountants work as business consultants, helping businesses grow and move forward. They play a critical role in propelling companies to greater heights, contributing to better profit margins, dividends, and market share.
Attractive Payscale
Due to their financial expertise, especially in taxation, Chartered Accountants are always in demand. A CA with 3 to 5 years of experience can easily earn an average package of INR 6-8 lakh per annum.
International Recognition
The ICAI, the organizing body for the CA course, holds international value, enabling CA graduates to land job opportunities in other countries if they meet the eligibility criteria and visa requirements.
VISIT HERE for CA Intermediate May 2025 Registration Details
CA Course Eligibility Criteria
To pursue a Chartered Accountant course, candidates must undergo training and clear examinations at various course levels conducted by the Institute of Chartered Accountants of India (ICAI). There are three main course levels details in CA 2024: Foundation, Intermediate, and Final.
CA Course Admission Route |
Eligibility Criteria |
|---|---|
| Chartered Accountancy Foundation Route | – The candidate must have passed Class 12.
– Must complete a four-month study period after registration to appear for the Foundation examination. – Must register with the Board of Studies and complete the four-month study period. |
| Chartered Accountancy Direct Entry Route | – Graduates/postgraduates from the Commerce stream with at least 55% aggregate or equivalent score can apply. They must have studied subjects like Accounting, Auditing, Mercantile Laws, Corporate Laws, Economics, Management (including Financial Management), Taxation (including Direct Tax Laws and Indirect Tax Laws), Costing, Business Administration or Management Accounting, or similar subjects.
– Graduates/postgraduates from non-commerce streams must have secured a minimum of 60% aggregate or its equivalent grade from a recognized university (including Open University). – Candidates who have passed the intermediate-level examination conducted by The Institute of Cost Accountants of India or The Institute of Company Secretaries of India are exempted from the Foundation exam and can register directly for the Intermediate course. – Final year graduation students can register for the Intermediate course on a provisional basis. Their registration will be regularized upon submission of the final year mark sheet or passing certificate within six months of appearing in the final year graduation examination and successful completion of ICITSS (Orientation Course and Information Technology). During the provisional registration period, candidates can undergo and complete ICITSS (Orientation Course and Information Technology). |
CA Intermediate Direct Entry Guidence
How to Become a CA?
Under the Education and Training Scheme, there are two ways to start a CA 2024 course with details: the Foundation Course Route and the Direct Entry Route. If you want to start the CA course right after finishing Class 12, you need to take the Foundation Route, which includes passing exams given by the Institute of Chartered Accountants of India (ICAI). However, if you have already finished your graduation or postgraduation, you can skip the Foundation exams and directly apply for the Intermediate exams. In short, the Foundation Course is for students who just completed Class 12, while the Direct Entry Route is for graduates.
To Become a CA Through CA Foundation Route
Below is the process of CA Foundation route entry for pursuing a CA degree from ICAI:
- Register for the CA Foundation Exam and Pass It
- Register for the CA Intermediate Exam 2024
- Enroll for the Articleship and Final Exam After Passing CA Intermediate
- Enroll in the Institute of Chartered Accountants
How to Become a CA Through Direct Entry Route
- Pass Class 12
- Commerce stream with a minimum aggregate of 55% marks.
- Other graduates or postgraduates must score a minimum aggregate of 60% marks.
- Candidates in the final year of graduation can register provisionally.
- Directly Register with ICAI – CA Inter
- Register and Complete 4 Weeks of ICITSS
- Orientation Program and Information Technology
- Register for Articleship
- Total Duration: 3 years (9 months to be completed before appearing for the CA Inter Exam)
- Study along with Articleship
- Appear and clear both groups of CA Inter
- Register for CA Final
- Undergo 4 Weeks of AICITSS
- During the last two years of practical training but before appearing for the CA Final Examination
- Appear for the CA Final Exam
- In the last 6 months of the Articleship
- Qualify Both Groups of CA Final
- Complete the Articleship and Become a Member of ICAI
To Become a CA After Passing Intermediate-Level Exams of the ICSI or the ICAI
- Sign Up for CA Inter with ICAI
- The registration process for CA Intermediate is the same for these students as it is for regular students.
- Study for Eight Months
- To prepare for CA Intermediate Exams
- Take and Pass One or Both Groups of CA Intermediate Exams
- Enroll in a Three-Year Articleship Training Program
- Upon passing one or both groups of CA Intermediate
- Register for the CA Final
- After completing both groups of CA Intermediate
- Complete a 4-Week AICITSS Course
- During the last two years of practical training but before taking the CA Final Examination
- Sit for the CA Final Examination
- During the final 6 months of Articleship training
- Pass Both Groups of CA Final Exams
Finish Articleship Training
- Become a Member of ICAI
Check Here CA Intermediate September 2024 Exam Schedule
CA 2024 Course Syllabus with full details
The CA degree is divided into three levels: CA Foundation, CA Intermediate, and CA Final Level. Below are the papers covered at each level and the marking schemes (officially known as skill assessment) of education and training at all levels of a CA degree:
CA Foundation Course Syllabus
The CA Foundation course is divided into four papers. One must clear all four papers to qualify for this level of the Chartered Accountancy course. Students learn Principles of Accounting, Business Laws, Business Mathematics, and Business Economics under the CA Foundation syllabus. Below is the table indicating subjects and topics included in the four papers of the CA Foundation course:
Foundation Course Papers |
Subjects and Topics |
|---|---|
| 1 Paper | Accounting |
| 2 Paper | Business Laws |
| 3 Paper | Quantitative Aptitude |
| 4 Paper | Business Economics |
CA Intermediate New Syllabus 2024
The CA Intermediate course now consists of 6 papers, instead of the previous 8 papers. Below are the changes proposed by the ICAI in the CA Intermediate subjects:
- Paper 1 and Paper 5 are merged into one, and the 1st paper will be Advanced Accounting.
- Enterprise Information Systems is removed from Paper 7, and Economics for Finance is removed from Paper 8. The remaining parts are merged into Paper 6 as Financial Management and Strategic Management (50 marks each).
- Paper 2 of Corporate Law will now cover the Companies Act entirely. The Business Law portion will be covered at the CA Foundation level.
Intermediate Subjects & Exam Pattern under New Scheme
Major changes are expected in CA Intermediate, including updates in Accounting and Auditing, with the introduction of a code of ethics in CA Inter Auditing.
| Paper | Subjective | Objective |
|---|---|---|
| 1 Paper: Advanced Accounting | 70 Marks | 30 Marks |
| 2 Paper: Corporate Laws | 70 Marks | 30 Marks |
| 3 Paper: Cost and Management Accounting | 70 Marks | 70 Marks |
| 4 Paper: Taxation | 70 Marks | 30 Marks |
| 5 Paper: Auditing and Code of Ethics | 70 Marks | 30 Marks |
| 6A Paper: Financial Management | 35 Marks | 15 Marks |
| 6B Paper: Strategic Management | 35 Marks | 15 Marks |
Changes in CA Articleship Training by ICAI
ICAI has proposed significant changes to the CA articleship training that will benefit the students. Below are the key changes:
- Practical Training Duration:
- The CA articleship duration has been reduced from 3 years to 2 years.
- This change allows CA aspirants to complete their course and become CA professionals earlier than before.
- Condition for Aspiring Practitioners:
- Students who wish to practice CA must have 1 year of experience in a Chartered Accountancy firm.
- After completing this 1-year experience, they will receive a certificate of practice.
- Condition for Existing CAs:
- Existing CAs who have worked for one year in a CA firm within the last 5 years will have this condition treated as fulfilled.
- This condition does not apply to aspirants who aim to pursue a job instead of practicing.
Articleship Eligibility
Under the new CA scheme of 2023, students must meet the following criteria to be eligible to start their articleship training:
- Clear both groups of CA Intermediate.
- Complete ICITSS training.
This change benefits students as they can focus entirely on their practical training without worrying about exam preparation.
Articleship Stipend
To address student concerns about low stipends during their articleship, ICAI has decided to increase the stipend by 100%.
Articleship Leaves
Since students do not have to take any exams during their practical training, ICAI has reduced the number of leaves allowed. Students can now take only 12 leaves per year, totaling 24 leaves over the two-year duration.
CA Final Course under New Scheme of Education and Training
Final Eligibility and Registration
To become eligible to register for the CA Final course, students must:
- Pass both groups of CA Intermediate exams.
- Complete the ICITSS training.
To appear in the CA Final exams, students need to:
- Complete the Advanced ICITISS Course.
- Complete a 6-month study period after the practical training is over.
- Crack all 4 self-paced modules.
The CA Final registration is valid for 10 years. Aspirants can revalidate their registration after 10 years with the prescribed fee.
CA Final New Syllabus 2024
In the new scheme for 2024, ICAI has revised the CA Final question papers from 8 to 6. The syllabus is now divided into 2 groups, each containing 3 papers. Here are the major changes in the CA Final subjects:
- Reduction of Papers:
- The number of question papers has been reduced from 8 to 6.
- Changes in Subjects:
- Subjects from papers 4 and 5 have been removed and included in the self-paced modules.
- Paper 6 will now be a Multi-disciplinary case study with Strategic Management, with no optional subjects.
- Elective subjects such as risk management and financial services and capital markets are now part of Set C of the self-paced modules.
Final Nov 2024 Subjects and New Exam Pattern
Below is the updated subject list and exam pattern for the CA Final May 2024 exams:
| CA Final Subject | Subjective | Objective |
|---|---|---|
| 1 Paper: Financial Reporting | 70 Marks | 30 Marks |
| 2 Paper: Advanced Financial Management (AFM) | 70 Marks | 30 Marks |
| 3 Paper: Advanced Auditing and Professional Ethics | 70 Marks | 70 Marks |
| 4 Paper: Multi-Disciplinary Case Study with Strategic Management | 70 Marks | 30 Marks |
| 5 Paper: Direct Tax Laws and International Taxation | 70 Marks | 30 Marks |
| 6 Paper: Indirect Tax Laws | 35 Marks | 15 Marks |
Tap Here for CA Final Exam dates for Nov 2024
CA Career Scope: Job Profiles, Salary, and Top Recruiters
Chartered Accountants (CAs) are highly sought-after professionals in the finance world, offering their expertise to maintain and review the financial health of businesses. They play crucial roles in both public and private sectors, acting as business advisors who help in various financial aspects.
Key Responsibilities of a Chartered Accountant (CA)
- Preparation and Maintenance: Prepare and maintain financial statements and budgets.
- Financial Audits: Conduct financial audits to assess the organization’s financial status.
- Financial Advice: Provide sound financial information and advice to clients.
- Tax Planning and Compliance: Advise clients on tax planning and ensure compliance with tax laws.
- Business Advisory: Advise on financial risks, business acquisitions, mergers, and other critical financial decisions.
- Fraud Detection and Prevention: Detect and prevent fraud and address financial irregularities.
- Reporting: Produce reports and recommendations based on financial analysis.
CA Job Profiles
- Accountant
- Finance Manager
- Accounting Manager
- Business Analyst
- Chartered Engineer
Top Recruiters for CAs
- KPMG
- Deloitte
- Ernst & Young (EY)
- Lodha & Co.
- PriceWaterhouseCoopers (PWC)
Tap here for CA Foundation September 2024 Exam form details
CA Salary in India
The qualified CA has a wide range of employment options. They are typically recruited to handle the accounting, taxation, and financial accounts of the companies and corporations, but they are capable of much more. A person after completing the CA course can work in the below-mentioned job profiles. The table below provides details on CA 2024 Course salaries for different positions.
CA Job Profiles |
Description |
Average Salary(INR) |
|---|---|---|
| Chartered Accountants | CAs are professionals who provide financial advice, audit financial statements, and prepare tax returns for individuals and businesses. | 10 to 20 LPA |
| Financial Controllers | Financial controllers oversee financial activities within an organization, including financial reporting, budgeting, and ensuring compliance with regulations. | 15 LPA |
| Tax Accountants | Tax accountants specialize in preparing and analyzing tax documents for individuals, businesses, and organizations, ensuring compliance with tax laws and regulations while maximizing tax efficiency. | 8 LPA |
| Chief Financial Officers | CFOs manage an organization’s financial actions, including financial planning, reporting, and forecasting, as well as overseeing investments, risk management, and financial strategies to achieve the company’s goals. | 20 LPA |
| Auditors | Auditors review financial records, ensure accuracy and compliance with relevant laws and regulations, and provide independent assessments of an organization’s financial health and performance. | 7 LPA |
Visit Here for CA Latest Updates
Join Our New CA & CMA Batch at ECP
Embark on your journey to becoming a Chartered Accountant (CA) or Cost & Management Accountant (CMA) with ECP’s new batch.
Flexible Learning Options:
- Face-to-Face Classes: Enjoy direct interaction with our experienced faculty.
- Live Sessions: Benefit from flexible learning with real-time engagement.
- Recorded Lectures: Study at your own pace with comprehensive materials.
ECP offers a dynamic educational experience with:
- Comprehensive Study Materials
- Personalized Attention
- A Supportive Environment
Secure your spot today and seize the opportunity to excel in the competitive fields of CA and CMA. Join ECP and pave the way for a successful career in finance and accounting.
For CA/CMA Coaching: ENROLL NOW
FOR MORE DETAILS, CONTACT US :-
9534443950 , 7827675575
GMAIL :-
FACEBOOK :-
https://www.facebook.com/excellentcommerce.point.1/
INSTAGRAM :-
https://www.instagram.com/excellent_commerce_point/
LINKEDIN :-
https://www.linkedin.com/in/excellent-commerce-point-004680236/
TWITTER :-
