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How to Start CA Preparation After Graduation – A Complete Guide

Have you graduated and now considering pursuing Chattered Accountancy but don’t know how to prepare for it?  Don’t worry we will provide you with all the things you need to know to become a CA after graduation. In this article, you will get complete guidance and details on how to prepare for CA after graduation.

Needless to say, CA is one of the most thriving professions at current times. Chartered Accountant provides a really exciting and successful future. Due to this, CA has become a popular choice for the students. Many students after completing their schooling or graduation prefer to go for Chartered Accountancy.

However, Chartered Accountants are extremely qualified professionals who are responsible for managing numerous responsibilities related to the accountancy spectrum. A person needs to have an excellent knowledge of Financial Management and Auditing, Regulations, Fiscal Laws, Ethics, and Strategic Financial Management to become a successful CA. But, the aspirants should also know about the complete process to become a CA, from understanding how to pursue a CA after graduation to when a person is finally declared a qualified Chartered Accountant.

C.A. Admission Highlights
Profession Chartered Accountant
Conducted by Institute of Chartered Accountants of India (ICAI)
Duration 3-3.5 Years
Percentage Required 55% for Commerce

60% for Art/ Science/ Humanities

Eligibility For Commerce Students- 55%

For Arts and Science Students- 60% (Must have studied any 3 subjects related to Commerce like Accounting, Auditing, Corporate Law, Economics, Taxation, etc.

Process
  1. Directly Appear for IPCC
  2. Complete the Articleship after 9 months.
Fees 19,000-27,000
Syllabus Business Ethics and Communication Courses, Advanced Accounting Courses, Costing, Taxation, Insurance, Auditing, Information Technology, Strategic Management, and more.

How to Become a C.A.?

There are two most popular ways to pursue a degree in CA, the Direct Entry Route or the CA Foundation Route. For students interested in becoming a Chartered Accountant after graduation, Direct Entry Root is the best method for them.  Fulfilling the below-mentioned requirements is important to be eligible for the course of Chartered Accountant:

CA After Graduation Eligibility Criteria

Students who are willing to pursue a CA degree after their graduation, need to know the following things:

Percentage Required- A minimum of 55% is required for the graduates and postgraduates in Commerce. A minimum of 60% is compulsory for graduates or postgraduates from Arts, Humanities, or Science.

Duration- 3 years is the minimum duration to get a CA degree after graduation as students can take the IPCC exam directly after 9 months from registering themselves. After completing the 3-year degree, aspirants also have to complete an Articleship of 2 years to become a Chartered Accountant.

CA Foundation- Applicants who wish to enroll in the Chartered Accountancy Program after the 12th, must have the eligibility to take the CA Foundation exam. The students must register on or before 4 months before the date of the exam held twice in May/November or June/December.

CA Direct Entry Route- For applicants who have qualified Company Secretary (CS) Intermediate level exam from the Institute of Chartered Accountants of India or CWA Intermediate examination from the Cost Accounts of India, the CA Direct Entry route is available for them.

CA After Graduation Duration

The duration to complete a Chartered Accountancy degree differs from student to student. Those who are applying after completing graduation, do not need to take the CA Foundation exam. After graduation, the CA courses usually take 3 years it is assumed that candidates can complete their training and qualify for the exam in the First Attempt.

Details  Direct Entry Route CA Foundation (CPT Route)
Exemptions CA Foundation Exempted No Exemptions
Qualification After Graduation After 12th
Duration 3 Years 4.5 Years
Eligibility to appear in the IPCC After 9 months of training After 9 months of training
Articleship Eligibility After Registration After completing the 1st group.

CA After Graduation Direct Entry Scheme

A candidate can also sign up for a course to pursue a CA after graduation and can appear for the CPT, while the CA Foundation examination. Students with a specific percentage of passing graduation can apply directly for the articles and IPCC Exams. Moreover, the CA Direct Entry Scheme exempts students from the CA Foundation examination and they can directly appear for the Intermediate level exam for the CA. Following are the steps to follow for the Direct Entry Scheme of the CA courses:

  1. Enroll for both the groups of IPCC.
  2. 100 hours of training in Information Technology.
  3. Course of Orientation
  4. Complete 9 months of compulsory Articleship (Practical Training)
  5. Appearing for both the groups of the IPCC exam.
  6. CA Final Exam.
  7. CA designation Awarding.

CA After Graduation Fees

The fees to enroll in a course for CA after graduation can be around 19,000 to 27,000 INR. Registration fees, article registration fees, orientation course fees, and information technology fees, all are included in this amount. For more details, students can visit the official website of the Institute of Chartered Accountants of India (ICAI).

CA After Graduation Preparation

Students who are enrolling in the Chartered Accountant Course after graduation or who have completed the Intermediate level of the ICSI or ICWA are exempt from taking the CA Foundation Exam. But, the candidates who prefer the Direct Entry Scheme for CA after graduation need to follow some steps that are mentioned below:

  • Take an Integrated Course on Information Technology and Soft Skills(ICITSS) training offered by the ICAI.
  • To appear for the CA Intermediate exam, applicants must register themselves with the ICAI Board of Studies.
  • Enroll in an Articleship training program of three years to obtain exposure and practical experience.
  • Successfully complete the first 9 months of the Articleship Training period.
  • Complete the Articleship training and follow an Advanced Integrated Course on Information Technology and Soft Skills  (AICITSES)
  • If there is any remaining group from the Intermediate exams for CA, clear them during the Articleship period.
  • Once, the candidate has finished the training and the CA Intermediate exams, they then can register for the CA Final exam.

FAQs

How one can become a CA after graduation?

The students planning of doing Ca after graduation need to give CA Foundation exam. they directly have to complete the ITT program along with the 9 months of article ship. They can then sit for the group 1 and 2 examinations of the IPPC exam.

What is the procedure to pursue CA after graduation?

Candidates with a graduation degree do not need to sit for the CA Foundation exam, they can take IPCC exam directly. Applicants have to wait for 9 months after registering for it to give their first examination attempt after completing the articleship. The exam is conducted every year in May and November.

How much time it takes to complete Chartered Accountancy after Graduation?

3 years is the overall average duration to complete a CA after graduation. But with every fail attempt, the duration get extended by 6 moths.

Who conducts the exam Chartered Accountant exams?

The Institute of Chartered Accountants of India (ICAI) conducts all the CA exam.

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