CA Course Details Under the New Scheme: Your Complete Guide
The Chartered Accountancy course, under the new scheme by ICAI, offers a structured and rigorous curriculum designed to produce highly skilled accounting professionals. This comprehensive guide provides aspiring candidates with detailed insights into the CA course details, outlining the key components and stages.
Details of the CA Course:
- Foundation Course:
- The CA journey begins with the Foundation Course, which can be pursued after passing the Class 10 examination or its equivalent.
- The Foundation Course introduces candidates to fundamental concepts in accounting, business laws, and quantitative aptitude.
- Intermediate Course:
- After completing the Foundation Course, candidates progress to the Intermediate level.
- The Intermediate Course is divided into two groups, each comprising four papers, covering subjects like Accounting, Law, Cost and Management Accounting, Taxation, and more.
- Practical Training:
- As part of the CA course, candidates undergo three years of practical training, commonly known as Articleship.
- Articleship provides hands-on experience in various areas of accounting, auditing, and taxation under the guidance of a practicing Chartered Accountant.
- Integrated Course on Information Technology and Soft Skills (ICITSS):
- The ICITSS program focuses on enhancing candidates’ skills in information technology and developing soft skills.
- It includes two components: Information Technology (IT) and Orientation Course (OC) before the commencement of articles and Advanced Information Technology Training (AITT) during the last two years of practical training.
- Final Course:
- The Final Course is the last stage of the CA journey, consisting of two groups with four papers each.
- It covers advanced topics such as Financial Reporting, Strategic Financial Management, Advanced Auditing and Professional Ethics, and more.
- Final Practical Training:
- Candidates undergo the Final Practical Training during the last two years of articleship.
- This phase focuses on developing advanced practical skills in various specialized areas.
- Advanced Integrated Course on Information Technology and Soft Skills (AICITSS):
- The AICITSS is the advanced stage of the earlier ICITSS and is undertaken during the last two years of practical training.
Conclusion:
Embarking on the CA course under the new scheme involves a structured progression through Foundation, Intermediate, and Final levels, accompanied by practical training and skill development initiatives. This guide serves as a roadmap for individuals aspiring to become Chartered Accountants, offering a glimpse into the comprehensive curriculum and stages involved in the CA course.
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