Commerce graduates with 50% marks, non-commerce graduates with subjects other than Mathematics with an aggregate of 55% marks and non-commerce graduates with Maths with an aggregate of 60% marks are exempted from the Competency Professional Test (CPT) and are permitted to register for Professional Competency Course (PCC).

Subjects for Professional course I:
Paper 1- Fundamentals of Accounting
Paper 2 - Mathematics & Statistics
Paper 3 - Economics
Paper 4 - Business Communication and Organization and Management
Professional Competency Course (PCC)

The CA Programme is mainly divided into Professional Competency Course and Final course. After completing the CPT or graduation with required marks one can go for Professional Competency Course (PCC). The registration for PCC is open throughout the year. A student may register at any time during the year. The exam will be held twice a year in May and November, it is necessary that a student must register at least ten months before the examinations.

Subjects for Professional Competency Course (PCC) The Professional Competency Examination has two groups that consists of three papers each (i.e total 6 papers) and each paper consist 100 marks each.

Group I
Paper 1 - Accounting
Paper 2 - Auditing
Paper 3 - Business and Corporate Laws

Group II
Paper 4 - Cost Accounting and Financial Management
Paper 5 - Income Tax & Central Sales Tax
Paper 6 - Information Technology

The student should get 40% mark minimum with an aggregate of 50% in a group. Along with PCE one has to under go 100 hours training in Information Technology, i.e the computer training programme as specified by the council. The candidate can register as an articled clerk with a firm of chartered accountants for undergoing practical training and simultaneously as a student with the Board of Studies for theoretical education. The candidate is a trainee for a period of three years. During this period he gets thorough knowledge of the various fields in which a Chartered Accountant can render services. During this period the articled clerk will also need to continue studies for the CA exam. The student should get 40% mark minimum with an aggregate of 50% in a group. Along with PCE one has to under go 100 hours training in Information Technology, i.e the computer training programme as specified by the council. The candidate can register as an articled clerk with a firm of chartered accountants for undergoing practical training and simultaneously as a student with the Board of Studies for theoretical education. The candidate is a trainee for a period of three years. During this period he gets thorough knowledge of the various fields in which a Chartered Accountant can render services. During this period the articled clerk will also need to continue studies for the CA exam.

Final Course
The candidate could register as a final student and write the final exam once they passed the PCE and the Information Technology training. The final examination also has similar type of papers of two groups, four papers each

Subjects for Final Course
Group I
Paper 1 - Advanced Accounting
Paper 2 - Management Accounting & Financial Analysis
Paper 3 - Advanced Auditing
Paper 4 - Corporate Laws & Secretarial Practice

Group II
Paper 5 - Cost Management
Paper 6 - Management Information and Control Systems
Paper 7 - Direct Taxes
Paper 8 - Indirect Taxes

The person should get minimum of 40% mark with an aggregate of 50% in a group and once the final examination and article ship completed, the Charted accountant should under go a communication and management course that would help him for better communication. On successful completion of the Final examination one becomes the member of the Institute. Member of the Institute may either practice as a Chartered Accountant on his own or go for employment. The Institute of Chartered Accountants of India (ICAI), (Website : www.icai.org ) with its headquarters in New Delhi, acts as the nodal agency in regulating the profession of the CAs as well as conducting examinations, granting certificates and exercising disciplinary control over the members. There are five Regional Councils and several branches under them. There are several chapters overseas also.

Head Office :
The Institute of Chartered Accountants of India,
ICAI Bhawan, Indraprastha Marg, Post Box. No. 7100, New Delhi - 110 002

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