Chartered Accountancy involves expertise in accounting, taxation, auditing, financial management, and business advisory. Chartered Accountants (CAs) work in public practice, private companies, or as self-employed professionals.
The Institute of Chartered Accountants of India (ICAI) is responsible for conducting and regulating the CA course. ICAI is a statutory body established by the Indian Parliament and is the sole authority governing CA courses in India. They hold CA exams twice a year across the country.
Indian chartered accountants are making a significant impact in fields such as taxation, the stock market, start-ups, and large corporations. The CA course in India also adapts swiftly to industry trends and changes in the country’s legal framework, making it a dynamic and flexible choice for aspiring professionals.
Eligibility Criteria:
Passed Class 12 (any stream, commerce preferred). Graduates/postgraduates in commerce or other streams with specific marks may get exemptions in some levels. No upper age limit.
CA Course Levels
The journey to becoming a chartered accountant involves several stages, mainly comprising four levels.
- CA Foundation
- CA Intermediate
- Articleship Training
- CA Final
CA Course Duration in India
The duration to complete the Chartered Accountancy (CA) course can vary depending on an individual’s progress and the number of attempts required to clear each exam. For candidates starting the course after completing their 12th grade, the CA program can be completed in approximately 5 years, provided all exams are cleared on the first attempt. On the other hand, candidates enrolling through the direct entry route (graduates or postgraduates) can complete the course in about 4.5 years with consistent performance. Here’s a breakdown of the total duration:
CA Course Duration in India | |
Level | Duration |
CA Foundation | 6 months |
CA Intermediate | 10 months |
Articleship | 3 years |
CA Final | 8 months |
CA Salary in India
Chartered accountants in India earn competitive salaries influenced by various factors, including their area of specialization, skill level, location, job role, and the industry they serve. Compared to many other professions, CAs often find rewarding career opportunities with substantial growth potential. Freshly qualified chartered accountants with little to no experience typically earn a starting salary in the range of ₹5,50,000 to ₹7,50,000 per annum. This salary tends to increase significantly with experience, expertise, and performance.
CAs working in leading firms such as EY, Deloitte, PwC, and KPMG in major cities usually earn higher salaries than those employed in smaller firms. These firms often provide attractive packages alongside career advancement opportunities.
Chartered accountants who acquire additional credentials like MBA, ACCA, CPA, or CS can command significantly higher salaries, often ranging from ₹20,00,000 to ₹85,00,000 per annum, especially in senior-level or specialized roles.
Chartered accountancy with Task Academy :
Chartered Accountancy (CA) with TASK Academy typically refers to pursuing a CA qualification while leveraging the coaching and training services provided by TASK Academy, which is known for guiding students through the rigorous CA curriculum.
- Structured Learning: TASK Academy provides a well-structured course plan to systematically prepare for CA Foundation, Intermediate, and Final levels.
- Focused Preparation: The academy focuses on building conceptual clarity and practical problem-solving skills.
- Doubt-Solving Sessions: Regular doubt-clearing sessions help students address challenges in real-time.
- Result-Oriented Approach: The academy emphasizes high success rates by equipping students with effective strategies to clear exams in the first attempt.
If you’d like to know more about Task Academy’s offerings or enrollment process call us +91-9921007392