Chartered Acountant (CA)

Chartered Accountant is an internationally recognized professional designation. A person with this designation specializes in the fields of audit, taxation and mainly accounting. Many a times CA acts as a management and corporate caretaker. The CA profession has risen in importance in the industry. MNCs, small-scale companies and businesses mostly compulsorily require a Chartered Accountant to manage the company’s money matters. In India, a candidate qualifies as a Chartered Accountant on successful completion of the three-level course set by the Institute of Chartered Accountants of India (ICAI), which also conducts CA exams and certifies the students. Wisdom Academy offers the Best CA Classes in Mumbai as well as Home Tuitions for the same.

The three levels of the CA Course are:

Basic Eligiblity Criteria

  • Register for CA Foundation after passing Class 10 (registration valid for 4 years)
  • Appear for CA Foundation Examination after appearing for 10+2 examination and completion of 4 months from registration (passing marks 50% in each paper)
  • Register for Intermediate Course after passing Foundation Examination/graduate or post-graduate with requisite marks (registration valid for 5 years + 5 years with revalidation)
  • Registration for Intermediate Course would also be treated as registered for Business Accounting Associate (BAA)
  • Appear for Intermediate Examination (6 papers –2 groups) after completion of the study period of 8 months (passing marks 40% in each paper and 50% in each group)
  • Pass both groups of Intermediate Examination, complete integrated course on Information Technology and Soft Skills (ICITSS) and START articleship.
  • Register for Final Course and registration valid for 10 years which can be revalidated after every 10 years
  • Articleship period will be 2 years of which 2nd year can be for industrial training (eligible leave 24 days for 2 years)
  • Undergo Advanced Integrated Course on Information Technology and Soft Skills (AICITSS) Course, pass self-paced online modules and Complete articleship before appearing in Final Examination
  • Appear for Final examination (6 papers –2 groups) after and completion of 6 months from end of articleship (passing marks 40% in each paper and 50% in each group). If unsuccessful, apply for Business Accounting Associate.
  • A candidate getting exemption in any paper will need to pass the remaining papers within the next 3 attempts. The exemption can be availed further subject to passing marks of 50% in each paper.
  • Pass both groups of Final Examination and apply for ICAI membership. To apply for Certificate of Practice undergo 1 year work experience under a fellow CA in practice.

Ca foundation (New syllabus June 2024 )

Accounting (100 marks )
Business laws (100 marks)
Quantitative aptitude (100 marks)
Business economics (100 marks)


What are career opportunities after completing CA?

Chartered Accountancy is a course that leads to a plethora of job prospects. This course's possibilities are nearly endless, and they may be adjusted as per your interests, working standards, and earning potential. A Chartered Accountant must either establish their own practise or work for an enterprise or a corporation. Due to their professional knowledge in several sectors, a CA can be appointed to a variety of job profiles ranging from auditing and taxes to investing and finance. After joining the Best CA Coaching in Mumbai, the last step is the announcement of the CA Final results, and those studying for the course have questions on the minds and they start to wonder what the next thing to do is. Read on to know the career one can pursue after becoming a Chartered Accountant. Opting for the Best CA institute in Mumbai will help CA students in their future endeavours.

How long it takes to complete CA?

The overall length of the CA course after the 12th might be anticipated to be 4.5 years. The sole requirement is that you complete all of its levels on your first try. Because each effort extends your time in this procedure by six months. CA Tutorials in Mumbai specifically cater to these requirements.

How difficult is the CA course?

Many people dream of becoming accountants. People desire to be chartered accountants for a variety of reasons, including the numerous benefits the profession provides. It is natural for novices to be confused by the format of the CA test and what the course entails. The exam is not difficult. It is open to students who have finished the 12th grade, graduates, and professionals. The curriculum and examination are designed in such a way that even students can pass them. However, CA Coaching in Mumbai can help you pass one of the most difficult examinations in India. CA courses need planning, hard work, dedication, and the ideal batch size for learning. Above all, you will need a suitable approach to deal with the chapters and tests. You will benefit from studying at the Best CA Coaching Institute. You must determine what will assist you in attaining the finest results . Joining the Best CA institute in Mumbai will help you with your CA coaching in Mumbai for all levels listed below:

Which among CA and CS has a better scope?

With the growth of the Indian economy, the opportunities for CA professionals are expanding. Chartered Accountants either work for themselves or in the accounting and finance departments of large corporations and enterprises. A plethora of students enrol in the Best CA Coaching Institute in Mumbai in order to pursue careers in different sectors in the city. The advancement of the economy is creating new challenges for CAs to improve their knowledge and abilities in certain domains of work. Despite the fact that both CA and CS are incredibly challenging and desirable courses , there are some notable differences between their scopes. Some of them are as follows:

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