How to Become a CA: Process, CA Exam Date 2024 and 2025
One of the main questions that most CA aspirants have is the stepwise process of how to become a CA. While the internet is filled with information scattered throughout, we will be sharing the detailed step-by-step process of becoming a CA. Over here, we will be discussing the online CA courses that can improve your chances of clearing this exam.
Key Highlights
Best-suited Chartered Accountancy courses for you
Learn Chartered Accountancy with these high-rated online courses
- CA Exam Dates 2024 and 2025:
- CA Foundation Course Exam 2025 (Paper 1 to Paper 4): 12, 14, 16 and 18 January 2025
- CA Intermediate Course Exam 2025 (Paper 1 to Paper 6): 11, 13, 15, 17, 19 and 25 January 2025
- CA Final Course Exam (Group 1 and 2): 3, 5, 7, 9, 11 and 13 November 2024
- Why Become a CA:
- Good career scope
- High income
- Strong Reputation
- Job Responsibilities of a CA:
- Financial consultation
- Auditing
- Taxation Guidance
- Financial Management
- How to Be a CA: Steps
- Assess the Decision to Become a CA
- How to Become CA after 10th step-by-step: Enrol in the Foundation Course
- How to Be a Chartered Accountant after Graduation: Enrol in the Intermediate Course
- Complete 3-Year Practical Training
- Pass The Final Exam
- Enrol in ICAI
- Online CA Courses To Clear CA Exam
Table of Contents
- CA Exam Dates 2024 and 2025
- Why Do People Want to Become CA?
- Job Responsibilities of a Chartered Accountant
- How to Become a Chartered Accountant: Step-by-Step Process
Chartered accountants or CAs are types of finance professionals who provide services including auditing, taxation and financial consultancy. These professionals are accredited by ICAI. CAs can work for someone or practice on their own. In other countries, CPAs and CFAs are equivalent to Chartered Accountants in India. Chartered accountants are highly reputed professionals in India due to the difficulty level of the exam, high salaries and ability to work independently.
CA Exam Dates 2024 and 2025
Here are the details of CA exam dates 2024 and 2025:
Dates For CA Foundation Course Exam 2025
Dates | Particulars of CA Foundation Course September 2024 |
---|---|
12 January 2025 |
Paper 1 |
14 January 2025 |
Paper 2 |
16 January 2025 |
Paper 3 |
18 January 2025 |
Paper 4 |
Dates For CA Intermediate Course Exam 2025
Dates | Particulars of CA Intermediate May 2024 |
---|---|
11 January 2025 |
Group I-Paper 1 |
13 January 2025 |
Group I-Paper 2 |
15 January 2025 |
Group I-Paper 3 |
17 January 2025 |
Group II-Paper 4 |
19 January 2025 |
Group II-Paper 5 |
21 January 2025 |
Group II-Paper 6 |
Dates For CA Final Course Exam
Dates | Particulars of CA Intermediate November 2024 |
---|---|
03 November 2024 |
Group I-Paper 1 |
05 November 2024 |
Group I-Paper 2 |
07 November 2024 |
Group I-Paper 3 |
09 November 2024 |
Group II-Paper 1 |
11 November 2024 |
Group II-Paper 2 |
13 November 2024 |
Group II-Paper 3 |
Explore online courses for chartered accountants
Why Do People Want to Become CA?
Chartered accountancy is an extremely popular profession in India. Lakhs of aspirants appear every year for the CA exam. Before we learn the step-by-step process of how to become a CA, let us look at the reasons behind the mass popularity of this profession.
- Chartered accountants provide consultancy to businesses so that they can efficiently handle their finances and safeguard themselves. CAs perform several audits and checks to identify the loopholes within the finances of the business.
- Chartered accountants are paid very well as businesses often rely on their advice. After thorough audits, CAs guide companies to navigate through financial crises.
- By identifying issues with the financial system, chartered accountants can prevent the company from legal issues.
- ICAI is globally recognized due to which chartered accountants can work globally without any hassle.
Job Responsibilities of a Chartered Accountant
Chartered accountants have the following responsibilities:
- Consultation: Chartered accountants offer their advice on financial matters to safeguard businesses. By following the advice of chartered accountants, one can make more profits and save money.
- Audit: CAs perform audits to identify the areas where the company needs to improve their finances. With regular auditing, companies can reduce the chances of being indulged in financial or legal issues.
- Taxation: Chartered accountants help their clients by providing them with expert consultation on tax payments. CAs also provide consultation on tax management as per legal guidelines.
- Financial Management: Chartered accountants help clients with financial management. They manage the financial accounts of clients by tracking their income and expenses and generate reports on financial activity.
How to Become a CA: Step-by-Step Process
Let's discuss the step-by-step process to understand how to become a CA:
Step 1: Assess the Decision to Become a CA
- Do not jump to the conclusion of becoming a CA right off the bat.
- First, understand what has motivated you to become a CA.
- Assess if this motivation will last in the long run.
- Weigh both pros and cons of becoming a CA right from the preparation journey to articleship to exploring your career as a chartered accountant.
Once you have analysed whether becoming a CA will benefit you or not, then, start preparing without delay. Since you have already made up your mind to become a CA. From this point onwards, your focus should be on understanding how to become a CA.
Step 2: How to Become a CA After Class 12th: Enrol in the Foundation Course
Those who want to start the preparation for the CA exam immediately after the 12th class will have to register for the CA foundation course. Registration is done through the Institute of Chartered Accountants of India (ICAI). This foundation course has 4 papers including the following:
PAPER 1: Principles And Practice Of Accounting |
|
Accounting Principles and Conventions |
Accounting Process |
Inventories |
Final Accounts of Sole Proprietors |
Concept and Accounting of Depreciation |
Accounting for Special Transactions |
Partnership Accounts |
Financial Statements of Not-for-Profit Organizations |
Introduction to Company Accounts |
PAPER 2: Business Laws And Business Correspondence and Reporting |
|
SECTION A: Business Laws |
|
The Indian Contract Act, 1872 |
The Sale of Goods Act, 1930 |
The Indian Partnership Act, 1932 |
The Limited Liability Partnership Act, 2008 |
The Companies Act, 2013 |
|
SECTION B: Business Correspondence and Reporting |
|
Part – I: Communication
|
Part – II: Sentence Types and Word Power
|
Part – III: Comprehension Passages and Note Making
|
Part IV: Developing Writing Skills
|
PAPER 3: Business Mathematics, Logical Reasoning And Statistics |
|
Part – A. Business Mathematics
|
Part – B: Logical Reasoning
|
Part – C: Statistics
|
|
PAPER – 4: Business Economics and Business and Commercial Knowledge |
|
PART I: Business Economics
|
PART – II: Business And Commercial Knowledge
|
Step 3: How to Become a Chartered Accountant after Graduation: Enrol in the Intermediate Course
A graduate who wants to become a CA can skip the foundation course and enrol in an intermediate course. This is a nine-month long course that covers subjects of accounting. Do remember that students who have completed the foundation course will also have to complete the intermediate course as well.
Parts |
Chapters |
Group 1 |
|
Paper-1: Advanced Accounting |
|
1 |
|
2 |
|
3 |
|
Paper-2: Corporate and Other Laws |
|
PART I - COMPANY LAW AND LIMITED LIABILITY PARTNERSHIP LAW |
|
1 |
|
2 |
|
3 |
|
PART II – OTHER LAWS |
|
|
|
Paper-3: Taxation |
|
Section A: Income-tax Law |
|
1 |
|
2 |
|
3 |
|
4 |
|
5 |
|
Section B: Goods and Services Tax |
|
1 |
|
2 |
|
Group 2 |
|
Paper-4: Cost and Management Accounting |
|
1 |
|
|
|
Paper-5: Auditing and Ethics |
|
1 |
|
2 |
|
Paper-6: Financial Management and Strategic Management |
|
Section A: Financial Management |
|
1 |
|
2 |
|
Section B: Strategic Management |
|
|
Step 4: Complete 3-Year Practical Training
Once aspirants have completed the intermediate courses they can start with practical training. During this training, aspirants work with registered CAs and they have to complete accounting tasks. Through this training, one can gain experience as a working chartered accountant. During the training process, aspirants have to enrol in the CA final course and complete a 4-week course on technology.
Step 5: Pass The Final Exam
6 months before you are about to complete the CA final course, you need to enrol in the final course. This course will cover the following papers:
Paper-1: Financial Reporting |
Paper-2: Strategic Financial Management |
Paper-3: Advanced Auditing and Professional Ethics |
Paper-4: Corporate and Economic Laws |
Paper-5: Strategic Cost Management and Performance Evaluation |
Paper-6A: Risk Management |
Paper-6B: Financial Services and Capital Markets |
Paper-6C: International Taxation |
Paper-6D: Economic Laws |
Paper-6E: Global Financial Reporting Standards |
Paper-6F: Multidisciplinary Case Study |
Paper-7: Direct Tax Laws and International Taxation |
Paper-8: Indirect Tax Laws |
How to Become a CA - Step 6: Enrol in ICAI
After passing the final course, you will have to enrol in ICAI. Once you have enrolled, you can start practising on your own or work for someone as an authorized chartered accountant.
Online CA Courses To Clear CA Exam Faster
We have already talked about the step-by-step process of how to become a CA. However, one very crucial step to clear your CA exam is enrolling in online courses. Let us explore online CA courses by popular course providers that will help you in clearing the exam.
Any aspirant who wants to become a CA should enrol in this online CA course to get acquainted with accounting fundamentals so that they can easily understand the curriculum of chartered accountancy. Those who are not from a commerce background will also benefit from this course as it is meant for beginners.
Duration: 2 hours
Who Can Do This Course: Beginners
2. Internal Auditing - Fundamental Principles & Concepts
Through this online course, CA aspirants will learn about the detailed process of conducting an internal audit using accounting techniques. The course teaches you the method to prepare a draft and conduct audit reporting. It also demonstrates a way to prepare an audit summary and the role of working papers.
Duration: 3 hours
Who Can Do This Course: Graduates
3. The Fundamentals of Risk-Based Auditing
This course is a methodology that links internal auditing to the risk management framework of the organization. Through this course, chartered accountants effectively manage risks through effective risk management processes. Professionals who perform audits learn about the risk-based methodology concept.
Duration: 2 hours
Who Can Do This Course: Those who are interested in learning accounting
4. IIM Financial Management Course Online
Those who want to learn about financial analysis can opt for this course. Aspirants who want to become CA can opt for this course as it helps in developing advanced skills required for analyzing financial statements and making decisions based on this. By enrolling in this online course, CA aspirants will be able tp identify, assess and mitigate financial risks.
Duration: 12 months
Who Can Do This Course: Graduates who have work experience
5. Practical GST & Indian Income Tax Course & Certification
This course will introduce you to the Indian Income Tax system. You will learn about guidelines related to tax-saving investments and deductions. This course is useful for the practical use cases of accountants. Aspirants will gain detailed insights into GST as well.
Duration: 8 hours
Who Can Do This Course: For Tax Consultants
6. Certificate Course on Forensic Accounting and Fraud Detection
This course is offered by ICAI, the official organization for chartered accountants. Chartered accountants also work as forensic accountants to prevent the system from collapsing due to frauds and cyber crimes. They investigate financial documents, identify whether fraud has happened and accordingly advise the company to combat financial crimes.
Duration: 11 days
Who Can Do This Course: Those who want to learn forensic accounting
7. Professional Certificate in Financial Accounting
Those who want to learn how to become a CA must ensure that they have an in-depth knowledge of Financial accounting. This course helps students in learning about financial accounting tools to help them understand annual reports and footnotes to understand financial statements.
Hope this article has been helpful to you in understanding how to become a CA in a strategic manner by following step by step process. With proper planning, you can thoroughly prepare and crack one of the toughest exams of the country in less number of attempts.
FAQs
How long is CA after 12th?
After 12th, it takes around 4.5 to 5 years to become a CA.
How to become CA after 10th step by step?
After 10th, if possible, choose commerce stream. This will help you in building fundamentals before you even pass class 12th. After that, you can enrol in foundation course to start the preparation of chartered accountancy.
How to become CA after 12th commerce stream?
One can enrol in the foundation course and start their journey to become a CA after 12th commerce. This will save you some years since you are starting CA preparation directly after class 12th.
Which degree is best for CA after 12th?
Any degree related to finance and accounting is beneficial for those who want to become a CA after completing graduation. Here are some good recommendations:
Can I complete CA in 2 years?
No, it requires a minimum of 3 years to become a CA.
Can I do CA without college?
Yes, you can do CA without college. All you need to do is enrol in foundation course by ICAI. Follow the step-by-step process to crack the CA exam.
Is CA foundation easy to pass?
Just like every exam, you must have a thorough knowledge to pass the CA foundation exam. Take a look at the detailed syllabus provided at the ICAI website to improve your chances of clearing the CA foundation exam.
How many attempts are there in CA?
There are unlimited attempts in CA exam. This is valid till the validity of your registeration period. After your registration period is over, you will have to register again.
Is B.Com mandatory for CA?
No, B.Com is not mandatory for CA. If you plan to complete your graduation before preparing for CA, you can opt for B.Com to have a strong knowledge of topics that are a part of the CA exam.
Is CA exam tough?
CA exam is considered to be tough since it has lengthy subjects. Marking is also tough for the CA exam.
Jaya is a writer with an experience of over 5 years in content creation and marketing. Her writing style is versatile since she likes to write as per the requirement of the domain. She has worked on Technology, Fina... Read Full Bio