What are eligibility criteria for CA ?
The Institute of Chartered Accountants of India (ICAI) offers the Chartered Accountancy Course in India.
There are two ways to get admission for Chartered Accountacy Course.
Firstly you can do so by appearing for CPT test for which you must have passed at least 10th standard
Secondly there is also a direct entry for those with graduation degree.
1. Candidate Must have passed B.Com with 55 percent marks.
2. Candidates who have completed other graduation course may also apply. (but need 60 percent marks)
To understand this recruitment you need to understand that Chartered Accountancy course has 3 stages These stages are :
1. Common Proficiency Test (CPT)
2. Integrated Professional Competancy Test (IPPC)
3. Final Course
A. Common Proficiency Test (CPT)
The first stage of Chartered Accountacy course basically is a written test. The exam is called Common Proficiency Test (CPT). Anyone interested in CA has to clear the CPT exam. CPT is 200 marks paper and you require 50 percentage or 100 marks to clear it.
B. Integrated Professional Competancy Test (IPCC)
Second stage of the CA is Integrated Professional Competancy Test (IPCC). There are two ways to get admission for IPCC. In the first method in which you need to clear the CPT test with at least 50 percent marks.
However due to recent changes made by the IACI, candidates can skip the CPT exam and seek direct admission for IPCC. But to do so, you need to meet these requirements:
1. Must have passed B.Com with 55 percent marks.
2. Candidates who have completed other graduation course may also apply but need 60 percent marks.
Note : (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)