It's a challenging course which doesn't follow regular teaching method but only practical training. The three years of article ship is the most interesting part of this course. There is a great demand for Chartered accountants nowadays. Because every company needs a CA.
No student societies and clubs etc are there at ICAI. The main festivals on the campus are Pongal, Diwali, and Dussehra. College life is very much professional.
Till IPCC the routine is quite straightforward.Individuals have to attend classes and study for the exams. Typically a 6hr class for 6days. Post-IPCC since you also have to do the study part and less attention and the classes are in the mornings or in the evenings around 2 hrs per day. Teaching in the institute is not very good, you have to look for better options in the private space.
Annual festivals and cricket tournaments are conducted by the institute but are not routine as there are lot of other considerations like leave, infrastructure issues etc
It is a correspondence course which can be done after clearing the 12th exam. The duration of the course is 5 years wherein there are 3 levels of examinations to be cleared. The curriculum is vast and gives in depth knowledge on accounting, company law, taxation, audit and financial accounting. The course also comprises of a full-time practical training for 3 years which ensures a better understanding of the subjects and a good hand on experience of working in a CA Firm. There is also a 1-month training provided to improve management and communication skills of the students. Since it is a correspondence course, the fees structure is also reasonable and affordable.
The curriculum of the course consists of company law and taxation laws of India. However, it is a recognised course outside India as well i.e. one can practice in countries other than India by clearing some specific exams of that particular country (e.g. CPA in the United States of America). The Institute of Chartered Accountants of India ("ICAI") has also entered into an MOU with the Institute of England and Wales ("ICAEW") wherein the members of ICAI can also become members of ICAEW and vice - versa by clearing some specific exams. For more details refer to http://www.icai.org/post.html?post_id=3699. The Institute also conducts various international conference in affiliation with the Chartered Accountants Institute of other countries.
Its a difficult course so whole day is spent in making notes, completing the syllabus.
The overall experience of the university is quite good.
CA is quite a tough course. Thus it needs dedication and hard work. Basically we don't get time to involve in extracurricular activities.
Good, its very good experience here you will get many faculties in the institute.
One can go to class or can self study depends upon whether you can pay fees or not. Quality of teaching is very professional. My experience in college is very good as of now.
College life is nice . And more like a professional environment you get to see here
The Institute of Chartered Accountants of India (ICAI) is a statutory body established under the Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) for the regulation of the profession of Chartered Accountants in India. During its 64 years of existence, ICAI has achieved recognition as a premier accounting body not only in the country but also globally, for its contribution in the fields of education, professional development, maintenance of high accounting, auditing and ethical standards.ICAI now is the second largest accounting body in the whole world.
The Chartered Accountancy Course is a professional course in Accounting introduced in India in 1949, with the enactment of the Chartered Accountants Act, 1949. The Institute of Chartered Accountants of India was set up in that year as a statutory body to regulate the profession of chartered accountants. Under the Act, the Institute is both an examining and a licensing body. The responsibilities of conducting the Chartered Accountancy Course are also vested with the Institute. This course involves a blend of theoretical education and practical training and equips a student with knowledge, ability, skills and other qualities required of a professional accountant. On successful completion of the course, the student becomes entitled to apply for membership of the Institute which would in turn entitle him to use the professional description of "Chartered Accountant" and start his public practice as a chartered accountant after complying with the rules in this regard. At his option, instead of starting the public practice, he can take up an employment that requires the knowledge and expertise of a professional accountant. Scholarships: The Institute offers a range of scholarships and other financial assistance to all its students. Placement: In a dynamic and challenging business environment, the Chartered Accountants are looked upon as Complete Business Solution Providers. They are thoroughly trained practically in all avenues of Finance and Accounting. They can undertake responsibilities ranging from carrying out feasibility study, raising financial resources, compliance with regulatory framework, capital structure and planning, organizational development, installation of efficient accounting, budgetary control, information system apart from giving advice on complex issues such as joint ventures, foreign collaborations, amalgamation, merger, diversification, modernization, product pricing, BPO, restructuring etc.
The Institution provides placement to eligible students through Campus Interviews from reputed companies.
Asked By: Anonymous 08 Apr 2016
Common Proficiency Test is an entry level test for Chartered Accountancy Course. It is a test of four subjects i.e., Accounting, Mercantile Laws, General Economics and Quantitative Aptitude. This test is of 200 marks. This test is divided into two sessions of two hours each with a break in between. CPT is an objective type test with negative marking.
Given below is the list of subjects
SESSION – I (Two Sections– Two hours – 100 Marks)
Section A: Fundamentals of Accounting ( 60 Marks )
Section B: Mercantile Laws ( 40 Marks )
SESSION – II (Two Sections– Two hours – 100 Marks)
Section C: General Economics ( 50 Marks )
Section D: Quantitative Aptitude ( 50 Marks )
Exam Helpline Number:
|Common Proficiency Test (CPT)||[email protected]||3054806, 4953706|
Answer By: Getmyuni
21 Apr 2016