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Chartered Accountancy

I would like to share about my days when I was pursuing the Chartered Accountancy Course,

Although this course is so Rigorous but through consistent efforts everything can be achieved.

It took Numerous Ups and downs when I was in and dedicated study paid the value of Prestige of Priory dreamt Designated point.

I got the result All of Sudden when too much tiny neurons built in my brain and mind got fulfilled with joy of reaching highest on ladder.

Let we discuss about Process to Become a Qualified Chartered Accountant and Examination and Body which is Responsible for this Rigorous course.

The CA course is designed to combine theoretical study with practical training. The Chartered Accountancy course is considered to be the rigorous professional courses both in India and Worldwide with only 3-10 % of the students passing in every attempt in Inter and Final Level. At Present, pass rate in Foundation is Approx 15 %, Inter 4-10 %, Final 3-7 %, that means students who take admission in CA Course, only 0.0225% to 0.096% actually pass CA. For instance,in the November 2013 CA Final exam, the pass percentage was merely 3.11% (Both Groups) As of April 2010, The prestigious institute has 874,694 students, studying various levels of the Chartered Accountancy Course. The Chartered Accountancy examinations are divided into three levels. They are

  • Common Proficiency Test (CPT)

  • Integrated Professional Competence Course (IPCC)

  • Final Examination

PS: Statistics Data can vary as per year on year basis.

The Institute of Chartered Accountants of India (ICAI) is the national professional accounting body of India. It was established on 1 July 1949 as a statutory body under the Chartered Accountants Act, 1949 enacted by the Parliament (acting as the provisional Parliament of India) to regulate the profession of Chartered Accountancy in India. ICAI is the second largest professional Accounting & Finance body in the world in terms of membership, after American Institute of Certified Public Accountants. ICAI is the only licensing cum regulating body of the financial audit and accountancy profession in India.

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