Scribd Logo
Upload

Welcome to Scribd!

  • 35 views

    New Scheme at A Glance

    Uploaded by

    nithya1989
    The document outlines the new requirements for becoming a chartered accountant in India. It details a multi-step process that includes: (1) passing the 10th grade exam and enrolling for the Common Proficiency Test, (2) passing the Senior Secondary exam and qualifying the CPT, (3) registering for practical training and the Professional Competence Course, (4) qualifying the Professional Competence Exam after 15 months of training, (5) joining the CA Final course and completing 3.5 years of training, (6) passing the Final exam and completing a general management course, and (7) enrolling for membership.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    New Scheme at A Glance

    Uploaded by

    nithya1989
    35 views3 pages
    The document outlines the new requirements for becoming a chartered accountant in India. It details a multi-step process that includes: (1) passing the 10th grade exam and enrolling for the Common Proficiency Test, (2) passing the Senior Secondary exam and qualifying the CPT, (3) registering for practical training and the Professional Competence Course, (4) qualifying the Professional Competence Exam after 15 months of training, (5) joining the CA Final course and completing 3.5 years of training, (6) passing the Final exam and completing a general management course, and (7) enrolling for membership.

    Original Title

    New Scheme at a Glance

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document outlines the new requirements for becoming a chartered accountant in India. It details a multi-step process that includes: (1) passing the 10th grade exam and enrolling for the Common Proficiency Test, (2) passing the Senior Secondary exam and qualifying the CPT, (3) registering for practical training and the Professional Competence Course, (4) qualifying the Professional Competence Exam after 15 months of training, (5) joining the CA Final course and completing 3.5 years of training, (6) passing the Final exam and completing a general management course, and (7) enrolling for membership.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    35 views3 pages

    New Scheme at A Glance

    Uploaded by

    nithya1989
    The document outlines the new requirements for becoming a chartered accountant in India. It details a multi-step process that includes: (1) passing the 10th grade exam and enrolling for the Common Proficiency Test, (2) passing the Senior Secondary exam and qualifying the CPT, (3) registering for practical training and the Professional Competence Course, (4) qualifying the Professional Competence Exam after 15 months of training, (5) joining the CA Final course and completing 3.5 years of training, (6) passing the Final exam and completing a general management course, and (7) enrolling for membership.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    New Scheme at a Glance

    Requirements for becoming a chartered accountant


    Under the new scheme, the requirements for becoming chartered accountant are as follows:
    (i) Enrol with the Institute for Common Proficiency Test after passing Class 10 examination conducted
    by an examining body constituted by law in India or an examination recognized by the Central
    Government as equivalent thereto.
    (ii) Appear CPT examination after appearing in the Senior Secondary Examination (10+2 examination)
    conducted by an examining body constituted by law in India or an examination recognised by the
    Central Government as equivalent thereto and after completion of specified period from the date of
    registration for CPT with the Board of Studies. This specified period for CPT examination to be held
    in November 2006 is 30 days.
    (iii) Join PCC, articled training and register for 100 hours ITT after passing CPT and 10+2 examination.
    (iv) Undergo 100 hours ITT on completion of three months of articled training (100 hours ITT is a 20
    days programme @ five hours per day; the training will be treated as part of the practical training).
    (v) Appear in Professional Competence Examination (PCE) If
       worked for not less than fifteen months as an articled assistant or equivalent period as an
    audit assistant or partly as an articled assistant and partly as an audit assistant, three
    months prior to the first day of the month in which examination is held; and
       completed 100 hours ITT.
    Eight months of audit training is treated as equivalent to six months of articled training. Any
    fractional period of audit training less than eight months is not counted for this purpose.
    (vi) Join CA Final course:
       After passing PCE register for Final course with the Board of Studies;
       Collect Study Materials of the Final Course and prepare for Final Examination;
       May undergo General Management and Communication Skills Course while undergoing
    Final course; and
       Complete articled training of 3½ years.
    (vii) Appear in final examination on completion of the practical training on or before the last day of the
    month preceding the month in which the examination is held.
    (viii) Pass Final examination and complete GMCS;
    (ix) Enrol for membership.
    Pass Class 10 examination

    Register with the Board of Simultaneously study and appear in


    Studies for Common Senior Secondary Examination
    Proficiency Test (10+2 Examination)

    Is the specified
    Yes
    period after
    registration over? *

    Appear and Qualify Common Proficiency Test


    No

    Register for Practical Join Professional Register for


    Training as article/audit Competence Information
    Assistant Course Technology
    Training

    Is Information
    No Is 15 months of Yes Technology No
    Practical Training over Training Over?
    3 months prior to
    examinations? Yes

    Appear and Qualify Professional Competence


    Examination

    Is 31/2 Years Yes


    Undergo Course on
    Practical Training
    Join Final General Management and
    over?
    Course Communications Skills

    Appear and Qualify


    Final Examination

    Is Course on
    General
    Qualified to become a Yes Management and
    Member Communications
    Skills Over?
    No

    New Scheme of Education and Training – At a


    Glance

    You might also like