CA Coaching Institute in Barwala - Best CA Classes
Barwala is a town that lies 30 km northeast of Hisar city. It is one of the 4 sub-division of Hisar in the state of Haryana, India. The town was founded by the Raja Bal, and wala in Hindi means belonging to. Thus, Bala+wala means(a town) belonging to Bal, which in alter form came to be known as Barwala.
If we see the educational sector Barwala is having colleges like Government College, Barwala, Ambika college of education, Gurudham college of education, Shree satguru dev college of education Golpura, Barwala, and skylark college of education. It also has higher secondary schools.
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 Barwala 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 Barwala 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: