• +91 98147-62054
  • info@kcctutorials.com

Tag Archives: b com ca course details

All About Chartered Accountancy (CA) Course (FAQs)

CA course General FAQs

Q. What is Chartered Accountancy (CA) course?

Ans: Chartered Accountancy is a professional practice of accounting, auditing, taxation, and financial assessment for an individual or an organisation

Q. How many years is the CA course?

Ans: The CA course duration is between 4 to 5 years.

Q. What is the qualification for CA course?

Ans: The eligibility criteria for this course is graduation with 55% aggregate marks in commerce or 60% aggregate marks in non-commerce subjects or qualifying the first level. There are two groups of CA intermediate exams and you need to clear both the exams.

Q. Can I finish CA in 2 years?

Ans: Completing CA generally takes a minimum of 3 years. However, the duration may vary depending on individual circumstances, including the time taken to clear the exams and complete the required practical training.

Q. What is the age limit for CA?

Ans: There are no CA age limit restrictions for candidates who want to apply for the CA Foundation exam.

Q. How many attempts are there for CA?

Ans: Initial registration for Final Course is valid for 5 years (10 attempts as there are 2 exams in a year). After 5 years, a student should revalidate it for another 5 years. There is no limit to the number of attempts taken to clear a CA exam.

Q. Is Math compulsory for CA?

Ans: No, Mathematics is not compulsory for pursuing the Chartered Accountancy (CA) course in India.

Q. What is the total fees of CA course?

Ans: The CA Foundation course fees is Rs. 11,300. The CA Intermediate fees is Rs. 34,200 for both groups and Rs. 28,000 for a single group. Further, the CA Final course fee is Rs. 39,800 for both groups. Furthermore, the fee for the direct entry candidate is Rs. 76200, which includes the exam form fees and registration fees only.

Q. How much can CA earn?

Ans: The average annual salary of a CA in India ranges from 6-7 lakh rupees to 40 lakh rupees.

Q. What is minimum salary of CA in India?

Ans: The starting salary package of CA is Rs 6-9 LPA and those who have experience of 4-5 years, get a salary package of Rs 20 LPA and above.

Q. Who earns more CA or MBA?

Ans: The average salary of a CA is much higher than an MBA . The average salary of a CA is around INR 8.06 LPA while the salary of a MBA Graduate is around INR 4 L – 5 LPA.

Q. Can CA and B. Com be done together?

Ans: Yes. You can do B. Com and CA together. 

Q. When is the First Foundation Examination under New Scheme?

Ans: June 2024

Q. When is the First Intermediate and Final Examination under New Scheme?

Ans: May 2024

Q. When is the Last Foundation Examination under Old Scheme?

Ans: December 2023

Q. When is the Last Intermediate and Final Examination under Old Scheme?

Ans: November 2023

Q. How many levels does CA have?

Ans: Chartered accountancy Course has three levels – Foundation, Intermediate and Final including Self-Paced Online Modules.

CA Foundation FAQs

Q. What are the total marks of CA Foundation exam?

Ans: The CA Foundation exam is conducted for a total of 400 marks, with each paper carrying 100 marks. 

Q. How many years is the CA Foundation course?

Ans: The Foundation Course takes about 8 months to complete and focuses on developing your basic understanding of Accounting concepts and Finance

Q. Can I pass CA Foundation easily?

Ans: Passing the CA Foundation Exams opens the first doorway to the CA career. CA Foundation is the easiest of the three levels of the Chartered Accountancy course,

Q. What are the passing marks for CA Foundation?

Ans: You need 200 out of 400 to pass and atleast 40 marks in each exam.

Q. How can I study CA at home?

Ans: You can Study CA/CS at Home with KCC Tutorials On YouTube for free.

Q. How many hours to study for CA?

Ans: Daily study for 10 hours is good enough.

Q. How many hours is the CA Foundation exam?

Ans: 3 Hours for each subject.

Q. Is CA Foundation online or offline?

Ans: CA Foundation Examination is a Pen and Paper-based offline test.

Q. Can I study CA while doing job?

Ans: Yes, you can definitely pursue CA along with a full-time job. 

Q. When can I register for Foundation Course?

Ans: Candidates may register in Foundation Course after passing Class 10th Examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government or the State Government as equivalent thereto.

Q. What is the fee for Foundation Course?

Ans: Fee for Foundation Course is Rs.9,000/- which is to be paid at the time of registration. This fee is inclusive of Prospectus for CA Course and Study Material of Foundation Course.

Q. Where can I get the Prospectus for CA Course and Study Material of Foundation Course?

Ans: After successful registration in the Foundation Course, the student will receive an e-mail bearing the login credentials for ordering the Study Material through Centralized Distribution System (CDS) Portal. Prospectus for CA Course will be delivered to the student along with the Study Material, whenever ordered by the student.

Q. When will I get the Study Material of Foundation Course?

Ans: Study Material of Foundation Course will be available on the BoS Knowledge Portal at the link https://www.icai.org/post/new-scheme-of-education-and-training after the launch of the New Scheme of Education and Training on 1st July, 2023. Hard copy of the Study Material will be available for ordering on Centralized Distribution System (CDS) Portal upon confirmation of registration in Foundation Course.

Q. I have already registered in Foundation Course after passing Class 10th Examination and presently I am in Class 11. When I will be eligible for Foundation Examination and under which Scheme of Education and Training.

Ans: Your first attempt for Foundation Examination under New Scheme of Education and Training will be in June, 2025 after appearing in Class 12th examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government or the State Government as equivalent thereto.

Q. I have already registered in Foundation Course and presently I am in Class 12. When I will be eligible for Foundation Examination and under which Scheme of Education and Training.

Ans: Your first attempt for Foundation Examination under New Scheme of Education and Training will be in June, 2024 after appearing in Class 12th examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government or the State Government as equivalent thereto.

Q. When I can register in Foundation Course to become eligible for June/ December Foundation Examination.

Ans: You should be registered in Foundation Course with the Board of Studies of the Institute for a minimum period of four months on or before the 1st day of the month in which the examination is held. For example, you should be registered in Foundation Course on or before 1st February, 2024 for June, 2024 Foundation Examination and on or before 1st August, 2024 for December, 2024 Foundation Examination. Before appearing in the Foundation Examination, you should also have appeared in Class 12th Examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government or the State Government as equivalent thereto.

Q. Do I need to fill any separate form for appearing in Foundation Examination?

Ans: After registration in Foundation Course, you need to submit the online examination form for appearing in Foundation Examination. The examination form for June and December examination usually opens in the month of February and August respectively. ICAI makes an announcement when the examination forms open for the forthcoming examination. You are advised to visit the Institute’s website for announcements.

Q. What are the papers in Foundation Course?

Ans: There are 4 papers in Foundation Course which are as under:

Paper 1: Accounting (100 marks)

Paper 2: Business Laws (100 marks)

Paper 3: Quantitative Aptitude (100 marks)

  • Business Mathematics
  • Logical Reasoning
  • Statistics

Paper 4: Business Economics (100 marks)

Q. When are Foundation Examinations held?

Ans: Foundation Examinations are held twice a year in the months of June and December.

Q. What is the examination pattern in Foundation Examination?

Ans: Paper 1 & 2 are subjective type and Paper 3 & 4 are objective type.

Q. Is there negative marking in Foundation Examination?

Ans: Yes, there is negative marking of 0.25 mark for every wrong answer in objective type papers.

Q. What is the passing criteria for Foundation Examination?

Ans: A student is declared to have passed the Foundation examination, if he/she obtains at one sitting a minimum of 40% marks in each paper and a minimum of 50% marks in the aggregate of all the papers.

Q. What is the validity period of student’s registration in the Foundation Course?

Ans: The validity period for registration in the Foundation Course is for 4 years from the first eligible attempt in the Foundation Examination.

Q. Whether revalidation of registration is permitted at the Foundation level?

Ans: Revalidation is not permitted at the Foundation level.

CA Intermediate Course FAQs

Q. What is the intermediate level of CA course?

Ans: CA Intermediate or CA Inter is the second level of the Chartered Accountancy course. It consists of two groups of four subjects each. 

Q. Can I do CA Intermediate directly?

Ans: Graduates who are eligible for the direct entry scheme can register for the Intermediate level of the CA course at any time after they have graduated.

Q. What is the preparation time for CA Inter?

Ans: The ICAI provides students with 8 months of study time, which is sufficient for preparing for the CA Inter level exam

Q. What is the duration of CA Inter course?

Ans: The duration to complete the CA Intermediate course is 10 months. 

Q. Is Group 2 CA inter tough?

Ans: Yes, cracking the CA Intermediate Group 2 exams can be challenging.

Q. Is CA Inter equal to graduation?

Ans: Yes, a CA intermediate will be considered as a Bachelor’s equivalent or PG diploma 1 year or 2 year.

Q. Is 4 months enough to crack CA Inter?

Ans: Yes! It is possible to prepare well for both the groups in a time span of 4 months.

Q. How can I register for Intermediate Course?

Ans: A candidate can register in Intermediate Course through either of the following two routes – Foundation Route or Direct Entry Route

Q. What is the eligibility criteria for registering in Intermediate Course through Foundation Route?

Ans: Candidates after passing Foundation Examination and Class 12th examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government or the State Government as equivalent thereto, are eligible for registration to Intermediate Course through Foundation Route.

Q. What is the eligibility criteria for registering in Intermediate Course through Direct Entry Route?

Ans: Graduates/ Post-Graduates in Commerce (with minimum 55% marks) or Graduates/ Post-Graduates other than in Commerce (with minimum 60% marks) or Intermediate level passed candidates of Institute of Company Secretaries of India/ Institute of Cost Accountants of India are eligible for registration to Intermediate Course through Direct Entry Route.

Q. I am pursuing the last year of How can I join CA Course?

Ans: You can register provisionally for the CA Intermediate Course through Direct Entry Route. After completing the Graduation with requisite marks and completion of eight months of study period in Intermediate Course from the date of provisional registration, you would become eligible to appear in Intermediate Examination.

Q. I have registered provisionally for Intermediate Course through Direct Entry Route and my Graduation result is When will I become eligible for Intermediate Examination?

Ans: You will become eligible for Intermediate Examination after completing the Graduation Course with requisite marks and completion of eight months of study period in Intermediate Course from the date of provisional registration.

Q. I have secured requisite marks in Graduation and I am pursuing Post-Graduation. How can I join CA Course?

Ans: You can register for the Intermediate Course through Direct Entry Route based on the marks secured in Graduation and appear in the Intermediate Examination after completion of eight months of study period from the date of registration.

Q. I have not secured requisite marks in Graduation and I am pursuing Post-Graduation. How can I join CA Course?

Ans: You can register provisionally for the Intermediate Course through Direct Entry Route during the last year of Post-Graduation. After completing the Post-Graduation with requisite marks and completion of eight months of study period in Intermediate Course from the date of provisional registration, you would become eligible to appear in Intermediate Examination.

Q. I have registered provisionally for Intermediate Course through Direct Entry Route. When will my registration get confirmed?

Ans: If you have registered in the last year of Graduation, your Intermediate Course provisional registration will be confirmed after submission of marksheet of Graduation examination result with requisite marks. The marksheet should be submitted within six months of declaration of result of Graduation examination.

Alternatively, if you have registered in the last year of Post-Graduation, your provisional registration will be confirmed after submission of marksheet of Post-Graduation examination result with requisite marks. The marksheet should be submitted within six months of declaration of result of Post-Graduation examination.

Q. When are the Intermediate Examinations held and what is the cut-off date for registration in Intermediate Course for appearing in Intermediate Examination?

Ans: The Intermediate Examinations are held twice a year in the months of May and November Candidate should be registered in Intermediate Course for a minimum period of eight months on or before the 1st day of the month in which the examination is held. For example, a candidate should be registered in Intermediate Course on or before 1st September, 2023 for appearing in Intermediate May, 2024 Examination and on or before 1st March, 2024 for appearing in Intermediate November, 2024 Examination.

Q. What is the fee for Intermediate Course?

Ans: Fee for registration in both the groups of Intermediate Course is Rs.18,000/-.

Q. When will the students registered through Direct Entry Route get Prospectus for CA Course?

Ans: After successful registration in the Intermediate Course through Direct Entry Route, the student will receive an e-mail bearing the login credentials for ordering the Study Material through Centralized Distribution System (CDS) Portal. Prospectus for CA Course will be delivered to the student along with the Study Material, whenever ordered by the student.

Q. I wish to appear in one of the groups of Intermediate Examination at a time. Can I register for one group of Intermediate Course?

Ans: You can appear in one of the groups of Intermediate Examination at a time but you need to register for both the groups of Intermediate Course.

Q. What are the papers in Intermediate Course?

Ans: There are 6 papers in Intermediate Course which are as under:

Group I

Paper 1: Advanced Accounting (100 marks)

Paper 2: Corporate and Other Laws (100 marks)

Paper 3: Taxation

  1. Section A – Income-tax Law (50 marks)
  2. Section B – Goods and Services Tax (GST) (50 marks)

Group II

Paper 4: Cost and Management Accounting (100 marks)

Paper 5: Auditing and Ethics (100 marks)

Paper 6: Financial Management and Strategic Management

  1. Section A – Financial Management (50 marks)
  2. Section B – Strategic Management (50 marks)

Q. How to get the Study Material of Intermediate Course?

Ans: After successful registration in the Intermediate Course, the student will receive an e-mail bearing the login credentials for ordering the Study Material through CDS Portal.

Q. What will be the syllabus for Intermediate May, 2024 Examination?

Ans: Intermediate May, 2024 Examination will have the syllabus of the New Scheme of Education and Training, which is available at the link: https://www.icai.org/post/new-scheme-of-education-and-training

Q. What is the examination pattern in Intermediate Examination?

Ans: There will be 30% case scenario/ case-study based MCQs and 70% descriptive questions in all the six papers of Intermediate Examination.

Q. Is there negative marking in MCQ based questions in Intermediate Examination?

Ans: There is no negative marking in MCQ based questions in Intermediate

Q. What is the passing criteria in Intermediate Examination?

Ans: A student is declared to have passed in both the groups of Intermediate Examination simultaneously, if he/she –

  • secures at one sitting a minimum of 40% marks in each paper of each of the groups and a minimum of 50% marks in the aggregate of all the papers of each of the groups, or (b)secures at one sitting a minimum of 40% marks in each paper of both the groups
  • and a minimum of 50% marks in the aggregate of all the papers of both the groups taken

Alternatively, a student is declared to have passed in a group, if he/she secures at one sitting a minimum of 40% marks in each paper of the group and a minimum of 50% marks in the aggregate of all the papers of that group. He/she can pass both the groups individually in different sittings.

Q. What is the criteria of securing exemption in paper(s) in Intermediate Examination and subsequently passing the Group?

Ans: If a student has appeared in all the papers in a Group and fails in one or more papers but secures a minimum of 60% marks in any paper or papers of that Group, he/she shall be exempted for that paper or papers in which he/she has secured 60% or more marks for the immediately next three following examinations. The student will be required to obtain a minimum of 40% marks in each of the remaining paper(s) and a minimum of 50% marks in the aggregate of all the papers including the exempted paper(s) to pass the Group.

If the student is not able to pass the said Group in the following three attempts and has exhausted the exemption granted to him/her, the student may opt for continuing of the said exemption to the subsequent examinations provided that he/she shall be required to obtain a minimum of 50% marks in each of the remaining paper or papers of that Group in order to pass that Group.

Q. What is the validity period of student’s registration in the Intermediate Course?

Ans: The validity period for registration in the Intermediate Course is for 5 years from the date of registration in the Intermediate Course which can be revalidated for 5 years with revalidation fee of Rs.400/-. Revalidation is permitted only once for Intermediate Course

CA Final Course FAQs

Q. Can I complete CA final in 2 years?

Ans: Yes, You have approx. 2 -2.5 years to prepare for CA Final.

Q. When can I register for the Final Course?

Ans: Student can register for the Final Course any time after passing both the groups of Intermediate Examination. At the time of registration for Final Course, students would also be registering for Self-Paced Online Modules.

Q. What is the fee for Final Course?

Ans: Fee for registration in both the groups of Final Course is Rs.22,000/-.

Q. What are the papers in Final Course?

Ans: There are 6 papers in Final Course which are as under:

Group I

  • Paper 1: Financial Reporting (100 marks)
  • Paper 2: Advanced Financial Management (100 marks)
  • Paper 3: Advanced Auditing, Assurance and Professional Ethics (100 marks)

Group II

  • Paper 4: Direct Tax Laws & International Taxation (100 marks)
  • Paper 5: Indirect Tax Laws (100 marks)
  • Paper 6: Integrated Business Solutions (100 marks) (Multidisciplinary Case Study with Strategic Management)

Q. How to get the Study Material of Final Course?

Ans: After successful registration in the Final Course, the student will receive an e-mail bearing the login credentials for ordering the Study Material through CDS Portal. The student may order the Study Material of Final Course as well as that of Self-Paced Online Modules SET A and SET B through CDS Portal.

Q. When can I appear for the Final Examination?

Ans: You can appear for the Final Examination if you have fulfilled the below eligibility criteria:

  • Registered for the Final Course,
  • Have completed Practical Training six months before the first day of the month in which the examination is to be held,
  • Successfully completed Advanced Integrated Course on Information Technology and Soft Skills (Advanced ICITSS), and
  • Qualified all the 4 Self-paced Online

Q. What will be the syllabus for Final May, 2024 Examination?

Ans: Final May, 2024 Examination will have the syllabus of the New Scheme of Education and Training, which is available at the link https://www.icai.org/post/new-scheme-of-education-and-training

Q. What is the examination pattern in Final Examination?

Ans: There will be 30% case scenario/ case-study based MCQs and 70% descriptive questions in all the six papers of Final Examination.

Q. What will be the manner of assessment in Final Examination?

Ans: Assessment for Paper-6: Integrated Business Solutions (Multidisciplinary Case Study with Strategic Management) which is entirely case study based, would be open book examination. Assessment for all the other five papers would be through closed book examination.

Q. Is there negative marking in MCQ based questions in Final Examination?

Ans: There is no negative marking in MCQ based questions in Final Examination.

Q. What is the passing criteria in Final Examination?

Ans: A student is declared to have passed in both the groups of Final Examination simultaneously, if he/she –

  • secures at one sitting a minimum of 40% marks in each paper of each of the groups and a minimum of 50% marks in the aggregate of all the papers of each of the groups, or
  • secures at one sitting a minimum of 40% marks in each paper of both the groups and a minimum of 50% marks in the aggregate of all the papers of both the groups taken

Alternatively, a student is declared to have passed in a group, if he/she secures at one sitting a minimum of 40% marks in each paper of the group and a minimum of 50% marks in the aggregate of all the papers of that group. He/she can pass both the groups individually in different sittings.

Q. What is the criteria of securing exemption in paper(s) in Final Examination and subsequently passing the Group?

Ans: If a student has appeared in all the papers in a Group and fails in one or more papers but secures a minimum of 60% marks in any paper or papers of that Group, he/she shall be exempted for that paper or papers in which he/she has secured 60% or more marks for the immediately next three following examinations. The student will be required to obtain a minimum of 40% marks in each of the remaining paper(s) and a minimum of 50% marks in the aggregate of all the papers including the exempted paper(s) to pass the Group.

If the student was not able to pass the said Group in the following three attempts and has exhausted the exemption granted to him/her, the student may opt for continuing of the said exemption to the subsequent examinations provided that he/she shall be required to obtain a minimum of 50% marks in each of the remaining paper or papers of that Group in order to pass that Group.

Q. What is the validity period of student’s registration in the Final Course?

Ans: The validity period of registration in the Final Course is for 10 years from the date of registration in the Final Course which can be revalidated every 10 years with revalidation fee of Rs.500/-.

error: Content is protected !!