CA Coaching Classes in Uklana - Best CA Institute
Uklana Mandi s a city in the state of Haryana, India. The city supplies grains to thousands of local traders and the rest of the country.
If we see the educational sector In Uklana Mandi there are government and private schools which provide education of all the streams like arts, science, and commerce affiliated to CBSE. In Uklana Mandi, there are many colleges also such as Government senior secondary school, Government College, Govt high school and Krishna Devi Gurukul International School.
A chartered accountant is a professional with expertise in auditing, accounting, and taxation. He is in charge of corporate and management security. Accountancy is currently experiencing a huge spike in popularity. A CA's services are crucial in financial concerns affecting even small businesses.
Furthermore, in India, CA specialists are the only ones who are accountable for company audits. After passing the final examination of the ICAI-regulated CA programme, a CA is regarded a member of the Institute of Chartered Accountants of India (ICAI).
Total CA in India till 2022
In India, there are around 327081 CA until 2022.
Here we will cover about the best CA coaching institute in Uklana and its CA course structure, myths and other topics.
Chartered Accountant Course:
Chartered accountancy was established in 1854 in Britain. In India, The CA course is introduced by the ICAI (Indian Chartered Accountants Institute) in 1 July 1949.
A Chartered Accountant is the member of ICAI, and the students can use the prefix “CA” after his/her name after the CA final examination.
According to the latest update, ICAI has changed the format of Chartered Accountancy Course. They introduced foundation course against CPT (Common Proficiency Test), Intermediate course against IPCC (Integrated Professional Competence Course), and new final course against the old final course. The minimum CA course duration is approx. 4.5 years, if a student clears the exams in the first attempt.
Who can enroll in CA Course?
A 12th or senior secondary passed student from any stream or board and has scored more than 50% in aggregate, or in graduation, can easily enroll in the CA (Chartered Accountant) course by giving CPT or CA foundation.
CA Foundation:
Qualifications:
Students need to clear their 12thstandard from any stream (Commerce, Arts, Medial, and Non-Medical) with a minimum of 33% of marks.
How to Register for CA Foundation:
CA Foundation Registration process includes filling up basic details online at ICAI official website and obtaining a user id, registration number, and password.
CA Foundation’s Paper Format:
There are four subjects in which two papers are subjective and the other two are objective.
The following are the CA foundation subjects:
- Principle and Practice of Accounting
- Business Laws and Business Correspondence and Reporting
- Business Mathematics and Logical Reasoning & Statistics
- Business Economics and Business and Commercial Knowledge.
Foundation Examinations:
Foundation exams held twice a year, once the in month of May and other in November, and students must register for these tests in the month of December and June, respectively.
Fees:
S.No. |
Description of Fees |
Rs. |
For foreign students (US $) |
1 |
Cost of Foundation Prospectus |
200 |
20 |
2 |
Foundation Registration Fee |
9000 |
700 |
3 |
Subscription for Student’s Journal (For One Year) (Optional) |
200 |
20 |
4 |
Subscription for Member’s Journal (For One Year) (Optional) |
400 |
40 |
|
TOTAL |
9800 |
780 |
Result:
The CA foundation examination result of February attempt announced in the month June-July and of December attempt, the results declared in January-February.
Passing Marks:
Students who pass the CA Foundation exams with a score of 40% in each subject or 50% overall are eligible for the CA intermediate course.
Validity:
The course is valid for three years after registration, and students can take six attempts. They can reconsider their registration after it expires with nominal fees.
CA Intermediate:
Qualifications:
Student interested in pursuing CA intermediate must have passed their 12th board exam as well as the CA Foundation exam.
How to Register for Inter:
Students must register for the intermediate exam online and download the CA Intermediate Admit card after filling up the exam form and Application form.
CA Inter Paper Format:
The CA Inter course is divided into two groups, each of which has four subjects each carry 100 marks.
Group 1:
Paper-1: Accounting (100 Marks)
Paper-2:Corporate Laws & Other Laws (100 Marks)
- Part I: Company Law (60 Marks)
- Part II: Other Laws (40 Marks)
Paper-3:Cost and Management Accounting (100 Marks)
Paper-4: Taxation (100 Marks)
- Section A: Income-tax Law (60 Marks)
- Section B: Indirect Taxes (40 Marks)
Group 2:
Paper-5: Advanced Accounting (100 Marks)
Paper-6:Auditing and Assurance (100 Marks)
Paper-7: Enterprise Information Systems & Strategic Management (100 Marks)
- Part I: Enterprise Information System(50 Marks)
- Part II: Strategic Management (50 Marks)
Paper-8: Financial Management and Economics for finance(100 marks)
- Part I: Financial Management( 60 marks)
- Part II: Economics of Finance (40 marks)
Intermediate Examinations:
CA Inter exams are held twice a year, one in the month of November and other in May, and students register for these tests in the month of March and September, respectively.
- Fees:
Details of Fees |
Both Groups (Rs) |
Both Groups (US $) |
Single Group (Rs) |
Single Group (US $) |
|
|
|
|
|
CA Intermediate Registration Fees |
15000 |
|
11000 |
|
Student’s Activity Fees for CA Intermediate |
2000 |
|
2000* |
|
CA Intermediate Registration Fees as an Article Assistant |
1000 |
|
|
|
Total CA Intermediate Fees |
18000 |
1000 |
13000 |
600 |
Validity:
The course is valid for four years after registration, and students get eight attempts.
Articleship:
Articleship is an important part of the CA program structure as it enhances the overall learning experience. In India, The CA course involves three years of articleship which must be pursued after clearing group 1 or both of intermediate.
How to Register for Articleship:
For the articleship, CA Inter qualified candidates find CA companies that have openings for article trainees and then notify the ICAI within 30 days of starting the training. Paras Institute of Commerce Pvt Ltd- the best CA classes in Uklana helps its every student in getting the article ship at top companies.
Students have to fill an Articleship Registration form and attach all required documentation. Candidates have to submit form number 102 and 103 to the ICAI, as well as articleship registration fees.
Importance of Articleship:
Articleship helps CA students in building their professional growth and also helps them in their exams. With theoretical knowledge, it is very important for every student to gain practical knowledge of the course. ICAI allows students to do training in good companies where students gain professionalism and working methods on how the companies work internally.
CA Final:
Qualifications:
A Student who has cleared CA final both groups can only be enter into CA final.
When to Register for CA Final:
There is no last date for registering into the CA final course but students need to register before appearing for the final exams.
CA Final’s Paper Format:
The course is divided into two groups, each of which has four subjects carrying 100 marks each.
The subjects for Final level are:
Paper-1: Financial Reporting
Paper-2: Strategic Financial Management
Paper-3: Advanced Auditing and Professional Ethics
Paper-4: Corporate and Economic Laws
Paper-5: Strategic Cost Management and Performance Evaluation
Paper-6A: Risk Management
Paper-6B: Financial Services and Capital Markets
Paper-6C: International Taxation
Paper-6D: Economic Laws
Paper-6E: Global Financial Reporting Standardsy
Paper-7: Direct Tax Laws and International Taxation
Paper-8: Indirect Tax Laws
Passing Marks:
Students need to score of 40% in each subject or 50% overall to pass the CA Final Course.
Validity:
The course is valid for five years after registration, and students can take ten attempts.
- After clearing both groups of CA Final and undergoing three years of practical training, students will acquire membership of ICAI family.
How to prepare for CA examination:
The CA Coaching institute in Uklana prepares students for CA examination. Paras institute of Commerce- the CA Classes in Uklana on regular basis organizes webinars and give tips on how to prepare and crack CA examination at first attempt.
The few tips are:
- Make a solid study plan:
The first step for every CA student is to create a good study plan for the entire year of preparation.
- Manage Time:
To pass the CA exam, students must have a good time management. Students should concentrate on achieving good results rather than wasting time on social media. All they need to do is prepare and implement best time management strategy.
- Be specific:
Make sure to be specific when creating your study plan. Make the study plan for the CA examination quite simple.
- Stay positive:
Every stage of CA is mentally and physically demanding. Always stay positive and cheerful which also builds confidence and helps to get good results. Worrying too much for exams can affect the results.
Career options after CA examination:
What comes after Chartered Accountant Course? Any idea? Majority of students come to us having this question in mind that if they will not get successful in CA examination, then what else they can do. CA is a dream course that can lead to a variety of job aspects and at Paras Institute of Commerce, CA Institute in Uklana, we leave no stone unturned to make our students a successful CA. But if they lack somewhere, then there are some options available:
- Practice CA
- Entrepreneurship
- Civil Services
- Finance Management
- Work as a teacher
- Further courses after CA:
- DISA (Diploma in Information System Audit)
- CISA (Certified Information System Auditor)
- CIA ( Certified internal Auditor)
- CFA (Chartered Financial Analyst)
- ACCA (Association of Chartered Certified Accountants)
- LLB (Bachelors of Law)
- FRM (Financial Risk Management)
Why students quit CA:
Here are some of the reasons why many students opt to leave their ideal career of becoming a Chartered Accountant.
- After several attempts, they left the course
- Due to Syllabus of CA
- Distraction from studies, social media influence
- Taking advice from random people.
Best CA Classes in Uklana - Paras Institute of Commerce always make students to believe in their strengths and motivates them on regular basis so they don’t quit CA course.
Hope, every student found this article informative. If there is any query regarding this blog post or any question related to CA course, please feel free to ask in the comment section.