Q: How to become a Chartered Accountant in India?

A: Here we will list steps to becoming a Chartered Accountant in India.

1. Pass the Common Proficiency Test [CPT]

– Anyone who has completed 10th standard can register for the CPT.
– Test can only be given once the student clears his 12th standard exams.

Graduates are exempt from the CPT if:
– Bachelor of Commerce Graduate with over 55% marks.
– Any other Bachelors Degree with over 60% marks.

CPT is one paper of four hours and 200 marks divided in 4 sections –

  • Fundamentals of Accounting – 60 marks
  • Mercantile Law – 40 marks
  • General Economics – 50 marks
  • Quantitative Aptitude – 50 marks

2. Complete Integrated Professional Competence Course [IPCC]
– Complete 9 months of Study Course for IPCC.
– Complete 100 hours of Information Technology Training [ITT]
– Complete Orientation Course [35 hours / 1 week].
– Pass Group I or both Groups of Integrated Professional Competence Examination (IPCE).

3. Register as Articled Assistant for a period of 3 years.

4. Pass both the Groups of Final examination.
– Pass Group II of IPCC if not already passed.
– Appear in Final Examination during last 6 months of 3 years of articled training.

5. Enroll as a member of ICAI and designate as “Chartered Accountant”
– Get Final Examination Certificate.
– Complete remaining period of articled training, if applicable
– Complete Course on General Management and Communication Skill