Best CA Coaching in Bangalore

The Institute of Chartered Accountants of India (ICAI) was established in 1949 as a statutory body under an Act of Parliament. It is a professional accounting body that provides the Chartered Accountant Qualification, also known as the CA Course.

Chartered Accountancy is a finance, tax, and accounting profession that focuses on preparing and auditing financial records, investigating financial anomalies, forecasting financial results, tax planning, and developing and maintaining financial systems.

The CA Qualification is divided into three levels:

1. CA Foundation Level - 4 Papers

2. CA Intermediate Level - 6 Papers

3. CA Final Level - 6 Papers

The eligibility criteria to appear for the CA exams are as follows:

For CA Foundation Examination:

• Candidates should have passed the 10+2 exams, PUC, or an equivalent examination.

For CA Intermediate Examination:

• Candidates can directly take up CA Intermediate after graduation.

• For Commerce Graduates/Post Graduates: Minimum 55% marks and completion of 9 months of articleship.

• For Non-Commerce Graduates/Post Graduates: Minimum 60% marks and completion of 9 months of articleship.

Duration of the CA course

The average duration to complete all the exams and training programs of the CA course is 4 to 5 years.

CA Foundation Course Fee Structure

The CA Foundation course fee includes a registration fee of Rs 9,000 and an exam fee of Rs 1,500. Please note that this fee is paid to ICAI and does not include coaching fees.

CA Intermediate Course Fee Structure.

The CA Intermediate course fee includes a registration fee of Rs 15,000, a student activity fee of Rs 2,000, a registration fee of Rs 1,000 for article assistants, an Integrated Course on Information Technology and Soft Skills (ICITSS) fee of Rs 6,500, and an exam fee of Rs 2,500. Please keep in mind that this fee is paid directly to ICAI and does not include coaching fees.

 CA Passing Criteria.

The passing criteria for CA exams require a minimum of 40 percent marks in each paper and an aggregate of 50 percent.

CA Exam Schedule

The CA exams for all papers are conducted twice a year, in the months of May and November.

Is CA the Right Choice for You?

CA is ideal for people who are interested in finance, accounting, and taxation. It is ideal for individuals with a strong aptitude for numbers, analytical skills, and a desire to work in accounting, auditing, or finance.

Benefits of Pursuing a Chartered Accountancy (CA) Qualification

• Professional designation: Becoming a CA is prestigious and can open doors to a wide range of career opportunities in finance, accounting and management.

• Global Recognition: The CA qualification is recognized and respected worldwide, providing international employment opportunities.

• Job Security: CAs are in high demand across industries, providing a sense of job security and stability.

• Career advancement: CAs often have excellent opportunities for career advancement, with the possibility of reaching senior management positions.

• Financial compensation: CAs are generally well compensated for their skills and expertise, which can lead to higher income.

• Practical Skills: The CA qualification provides a solid foundation in accounting, finance and business, enabling individuals to develop practical skills across a range of industries.

• Career opportunities: CAs have the knowledge and skills to start their own businesses or provide financial advisory services.

• Continuous learning: The accounting profession is constantly evolving, providing CAs with opportunities to continuously learn and stay up-to-date with the latest trends and regulations.

• Contribution to society: CAs play an important role in financial transparency and accountability by contributing to the overall welfare of society.

Roles and Responsibilities of a Chartered Accountant (CA)

• Financial Reporting: CAs are responsible for preparing and analyzing financial statements, ensuring compliance with accounting standards and regulations.

• Audit and Assurance: The CAs review financial statements to ensure accuracy and compliance with laws and regulations.

• Taxation: CA provides tax planning and compliance services, helping individuals and businesses minimize taxes and comply with tax laws.

• Financial Planning and Analysis: CAs analyze financial data to provide insights and recommendations to improve financial performance and decision making.

• Risk Management: CAs identify and assess financial risks faced by organizations and develop strategies to mitigate them.

• Business Advisor: CAs provide strategic advice to companies on matters such as mergers and acquisitions, financial restructuring and investment decisions

• Compliance and Regulatory Reporting: CAs ensure that the organization complies with relevant laws and regulations, including regulatory returns and disclosures.

• Management Accountability: CAs help management make informed decisions by providing sound financial information and analysis.

CA Course Syllabus Overview.

The CA qualification is divided into three levels: CA Foundation, CA Intermediate, and CA Final, comprising a total of 20 papers.

CA Foundation Level (4 Papers):

1. Principles and Practice of Accounting

2. Business Laws and Business Correspondence and Reporting

3. Business Mathematics and Logical Reasoning & Statistics (MCQ)

4. Business Economics and Business and Commercial Knowledge (MCQ)

CA Intermediate Level (8 Papers):

1. Accounting

2. Corporate and Other Laws

3. Cost and Management Accounting

4. Taxation

5. Advanced Accounting

6. Auditing and Assurance

7. Enterprise Information Systems & Strategic Management

8. Financial Management & Economics for Finance

CA Final Level (8 Papers, further divided into Essentials and Elective):

1. Financial Reporting

2. Strategic Financial Management

3. Advanced Auditing and Professional Ethics

4. Corporate and Economic Laws

5. Strategic Cost Management and Performance Evaluation

6A. Risk Management

6B. Financial Services and Capital Markets

6C. International Taxation

6D. Economic Laws

6E. Global Financial Reporting Standards

6F. Multidisciplinary Case Study

7. Direct Tax Laws and International Taxation

8. Indirect Tax Laws

Why Choose iProledge - Best CA coaching in Bangalore

Choosing iProledge as your CA coaching partner in Bangalore comes with numerous advantages:

1. Multiple Educators: Learn from the best in the industry, with insights from a diverse panel of experts.

2. Handmade Study Notes: Comprehensive and concise notes to facilitate effective learning.

3. Personalized Study Planner: Tailored schedules to optimise your preparation journey.

4. Question Bank: Extensive practice questions for honing your skills.

5. Personal Mentorship: One-on-one guidance from experienced mentors.

6. 24/7 Support: Assistance whenever you need it, around the clock.

7. Physical and Mental Health Support: Your well-being is our priority.

8. Webinars and Meetups: Engage in interactive sessions with professionals.

9. Corporate Grooming Sessions: Enhance your professional behavior.

10. Placement Assistance: Guidance for career opportunities post-qualification.

11. Career Guidance: Chart your path with expert advice.

Finally, iProledge serves as a light of hope for aspiring CA in Bangalore. We are your partners in earning the CA certification and a fulfilling career in management accounting, thanks to our experienced assistance, comprehensive study materials, and dedication to your success. Join iProledge today and start on your path to success.

CLICK BELOW TO APPLY NOW

FAQs

How long does it take to complete the CA course?

The average duration to complete all the exams and training programs of the CA course is 4 to 5 years.

What are the eligibility criteria to appear for the CA exams?

For the CA Foundation Examination, candidates should have passed the 10+2 exams, PUC, or an equivalent examination. For the CA Intermediate Examination, candidates can directly take up CA Intermediate after graduation.

What is the passing criteria for CA exams?

The passing criteria require a minimum of 40 percent marks in each paper and an aggregate of 50 percent.

How often are the CA exams conducted?

The CA exams for all papers are conducted twice a year, in the months of May and November.

What are the fees for the CA Foundation and CA Intermediate courses?

The CA Foundation course fee includes a registration fee of Rs 9,000 and an exam fee of Rs 1,500. The CA Intermediate course fee includes a registration fee of Rs 15,000, a student activity fee of Rs 2,000, a registration fee of Rs 1,000 for article assistants, an Integrated Course on Information Technology and Soft Skills (ICITSS) fee of Rs 6,500, and an exam fee of Rs 2,500. Please note that these fees are paid directly to ICAI and do not include coaching fees.

What makes iProledge the best CA coaching institute in Bangalore?

iProledge stands out as the top CA coaching institute in Bangalore due to its multiple educators, personalized study planner, comprehensive study notes, 24/7 support, and focus on physical and mental health support, along with corporate grooming sessions, placement assistance, and career guidance, making it a comprehensive and supportive learning environment for aspiring CAs.

Can a Science student become a CA ?

Yes, students with a science background up to and including 12th grade can pursue a Chartered Accountancy (CA) degree. In fact, people with all kinds of educational backgrounds, including science, can apply for CA after graduation or even after completing 12th grade.

Here's the Summary:

After earning a bachelor's degree in any field, including science, students can apply for a CA program. They must pass the CA Foundation exam, followed by the Intermediate and Final exams administered by the Institute of Chartered Accountants of India (ICAI).

Pursuing CA after 12th Science: Students who have completed 12th grade in science can pursue a CA degree. They would typically begin by registering in the CA Foundation course, the first level of the CA program. Successful completion of the Foundation exam would allow them to progress through the Intermediate and Final levels, just like those who pursue CA after graduation.

To pursue CA, students must meet the ICAI's eligibility criteria, regardless of their educational background. This usually involves earning a certain percentage of marks in the qualifying examination and meeting other institute-specific requirements.

In conclusion, students with a science background up to and including the 12th grade can certainly aspire to be Chartered Accountants. The path may differ depending on whether they choose to pursue CA after graduation or immediately after completing their 12th grade education, but both are viable. Before beginning their journey to become a CA, interested individuals must first understand the ICAI's specific requirements and procedures.

What are the options for becoming a CA after 12th :

To pass the CA course, students must score at least 40% in each subject and 50% overall. Negative marking is used in objective papers, so an in-depth knowledge of each topic is required. So, thorough research and understanding of all subjects are required for success.

Procedure to become a Chartered Accountant after 12th

There are three levels in the CA stating:

1. Foundation

2. Intermediate

3. Final

Here's an easier overview of the process to enroll in the CA Foundation course:

Step 1: After completing Class 12th, enroll in the CA Foundation Course.

After Class 12th: 

If you have passed your Class 12 exams from a recognized board, you are qualified to enroll in the CA Foundation Programme.

Registration:

 You must register for the CA Foundation course. This registration allows you to sit for the CA Foundation Exam.

Preparation: 

Once registered, you should study for at least four months before taking the CA Foundation Exam. This ensures that you are fully prepared to meet the qualifying requirements.

Direct Entry for Graduates/Postgraduates: 

If you are a graduate or postgraduate, you can register directly at the intermediate level using the ICAI CA Direct Entry Scheme. It allows you to skip the Foundation level.

Step 2: Registration process for CA Intermediate or CA Inter

To register for CA Intermediate, you must pass both 

•  CA Foundation 

• 12th grade

 After passing the CA Foundation exam, you can register for the CA Intermediate exams. Alternatively, the Direct Entry Route allows students to enter CA Intermediate without taking the Foundation exams.

Step 3 : Articleship

The Chartered Accountancy program has four levels: CA Foundation (Entry Level), CA Inter, 3 Years Articleship Training, and CA Final.

Articleship Training: After completing CA Inter, students must complete three years of practical training called Articleship. This training attempts to connect theoretical knowledge with real-world application, preparing students for the corporate world.

Supervised Work: During articleship, students work under the supervision of a qualified CA, gaining practical experience in accounting, auditing, and finance.

Overall, articleship is an important component of the CA program, providing students with practical skills and preparing them for a professional career.

Step4: Registration for CA Final Course:

The applicant may apply for the CA final exam during the last six months of their three-year articled training period.

After passing the CA final exam, join the Institute of Chartered Accountants of India (ICAI) and declare yourself a "Chartered Accountant.".

Students who want to become CAs after completing the 12th grade science stream can apply for the CA Foundation exam, which is the course's entry-level examination. They will be eligible to apply for the CA Foundation examination once they have completed the 12th exam.

Here's a simple explanation for Science student become a CA:

Terms & Conditions: The requirements for pursuing CA after 12th grade are the same for all students, regardless of academic background.

Advantage for Science Students:  

Science students may initially feel challenged by CA's commerce-focused curriculum. CAs, on the other hand, deal extensively with numbers and practical calculations, which can benefit from their strong problem-solving abilities.

Learning Accounting: Accounting is an important subject in CA studies. To succeed in the program, science students may need to spend more time learning about accounting principles. Other subjects are new to everyone, so a solid understanding of accounting is required for advancement.

In conclusion, while science students may face some initial challenges, their analytical skills can help them succeed in the CA program.

The Institute of Chartered Accountants of India (ICAI) is the governing body for the CA program. It manages exams and provides certifications.

ICAI organizes and administers Chartered Accountancy (CA) courses across the country.

The CA program lasts two years, removing training.

Considering the lengthy five-year commitment, pursuing the CA course necessitates dedication and hard work.

Nevertheless, the effort is worthwhile. Your career prospects will improve dramatically once you have obtained your CA certification.

A CA qualification opens up a wide range of global opportunities in banking, accounting, taxation, auditing, management consulting, and other fields.

Indian chartered accountants are respected worldwide, with numerous career opportunities and recognition.

Conclusion 

You never know until you do !

Conclusion: Science or commerce, regardless of background, anyone can become a CA. For any doubts contact iProledge for better and easy understanding.

Article by~ Varshini Kumar

FAQ’s

Can science students pursue a career as a Chartered Accountant (CA)?

Yes, science students can pursue a CA degree after completing their 12th grade education.

What are the eligibility criteria for enrolling in the CA Foundation course?

Students must have completed their Class 12 exams from a recognized board to enroll in the CA Foundation course.

How long does it take to complete the CA course?

The CA course typically takes a minimum of five years to complete, including practical training.

What is Articleship training, and how long does it last?

Articleship training is a practical training component of the CA course that lasts for three years.

 When can students apply for the CA Final exam?

Students can apply for the CA Final exam during the last six months of their three-year Articleship training period.

What are the options for graduates who want to pursue CA?

Graduates can directly register for the intermediate level of the CA course through the ICAI CA Direct Entry Scheme.

Major Updates to CA Exams 2024

In a recent Twitter announcement, CCM CA (Dr.) Rohit Ruwatia Agarwal revealed significant changes to the CA exam 2024 landscape. According to the statement, the CA Foundation and CA Intermediate Exams will now be held three times per year, giving aspiring chartered accountants more opportunities to demonstrate their skills and knowledge. On the other hand, the CA Final Exam will continue to be held twice a year, as it is now.

While these changes are groundbreaking, it's worth noting that the Institute of Chartered Accountants of India (ICAI) has yet to issue an official statement on them. The lack of confirmation from the regulatory body has left students and stakeholders eager for more information.

The specifics of the revised exam schedule, including dates and other relevant details, are expected to be released by the ICAI in the coming days. The announcement by CCM CA (Dr.) Rohit Ruwatia Agarwal has sparked widespread interest and anticipation in the CA community, and candidates are advised to stay tuned for official ICAI announcements.

As these changes occur, questions arise about how they will affect CA aspirants' preparation strategies and the overall dynamics of the examination process.

Furthermore, the ICAI will soon launch the Centralised NOC (Non-Objection Certificate) policy through the UDIN (Unique Document Identification Number) Portal. Obtaining NOC from a retiring auditor has always been a critical task for an auditor, particularly for young CAs in practice who are currently having difficulty obtaining NOCs from senior members. Many certified public accountants have faced professional misconduct charges for failing to obtain NOCs. A separate NOC column will be introduced on the UDIN portal, which is a positive step.

CCM CA (Dr.) Rohit Ruwatia Agarwal confirmed that the Institute plans to implement the same on the UDIN Portal this year. Stay tuned to us for the most recent updates on this developing story, as we provide timely and accurate information about the changing landscape of CA exams 2024 and the CA Fraternity.