Career Counselling Sub-group Under BOS, ICAI The Institute of Chartered Accountants of India Established by an ACT 0f Indian Parliament “The Chartered Accountants Act, 1949 Career Counselling Sub-group Under BOS, ICAI Career Counselling Sub-group Under BOS, ICAI

Ray Of light in Student’s life COMMERCE

WHAT & WHY COMMERCE

Exchange of goods & services for consideration What is Exchange of goods & services for consideration Lifeline of any economy Basis of any transaction Backbone of any exchange of goods/ services Best of imagination has link with commerce Contributes to growth of community

WHY COMMERCE WHY COMMERCE? C – CASH O – OPTIMIZATION M – MANAGEMENT M – MARKETING E – EXPANSION R – RESEARCH C – CUSTOMER/COMPETITION E - ECONOMY

Similarly Just like blood in Human Body Commerce is must for any Economy

DREAM CA BELIEVE CA ACHIVE CA MONEY REPUTATION INTERNATIONAL EXPOSURE WELL SETELLED LIFE CAMPUS PLACEMENT CA STUDENT DEDICATION

USP OF CA COURSE Constitutional support (Created by Act of Parliament) Regulators of Audit & Assurance Function Age is no bar Purely merit based course Distant Learning Course Theoretical & Practical Learning in 3 year articleship Cloud Campus for students Great Learning at minimal cost Open for all streams : Commerce/Arts/Science Standardized Course with regular updation 100% employment (Unlimited Career Options) Makes one multitasking

Career Counselling Sub-group Under BOS, ICAI Global Career Opportunity Industry Employment Professional Practice Career Counselling Sub-group Under BOS, ICAI

CA Career Opportunities Professional Practice Industry/ Service Management Services Career Counselling Sub-group Under BOS, ICAI

Career Opportunities for Chartered Accountants Independent Professional Practice Management Consultancy service/practice Service in industry / Govt. organisation (1) Independent Professional Practice As practitioners of accounting, CAs may start professional practice as a proprietor or join any firm as a partner or staff member. A CA provides compliance and review services, also acts as a business advisor by rendering all kinds of services including the preparation of financial reports, helping the business to secure loans, preparing financial projections and determining the viability of a business in following traditional areas besides practising: (1) Audit (2) Income Tax (3) Service Tax (4) Value Added Tax etc.

Career Opportunities for Chartered Accountants (2) Management Consultancy Services A CA plays a vital role in assisting businesses to improve the use of their resources, increase their efficiency and achieve their objectives. The range of management consultancy services rendered by CAs reflect their expertise in diverse areas like  (1) Financial Management (2) Strategic Management (3) Planning and financial policy determination.

Career Opportunities for Chartered Accountants (3) Service in Industry/Government Organisation A CA may prefer to join an industry or government department and ultimately hold responsible positions. Alternately, a CA may take up the job of an educator at a University/college level. Many chartered accountants hold responsible positions in business or industrial entities as CEOs, CFOs, COOs, Managing Directors, Director (Finance), in the following sectors:-Banking Information Technology, Insurance & other industries.

ICAI Profile Particulars No. ORGANIZATIONAL SPECIAL PURPOSE OUTFITS Regional Offices 5 Branches 164 Chapters Abroad 30 SPECIAL PURPOSE OUTFITS CPE Study Circle CPE Chapters Reference Libraries Accredited Institutions MEMBERSHIP 2,72,000 % in Practice About 50% STUDENTS 8,00,000

and 8 more overseas destination Decentralized Offices ICAI Network Bahrain Abu Dhabi Botswana Indonesia Doha Jeddah Dubai Kuwait Port Moresby (Papua New Guinea) London Riyadh Melbourne Saudi Arabia (Eastern province) Muscat Singapore Nairobi (Kenya) Sydney New York Toronto Nigeria Zambia Ras-al-Khaimah and 8 more overseas destination Decentralized Offices

Role of ICAI To regulate the profession of Accountancy Exercise Disciplinary Jurisdiction Advice on Policy matters to Government Ensuring Standards of performance of Members Formulation of Accounting Standards Laying down Ethical Standards Continuing Professional Education Conducting Post Qualification Courses

More than 15 CERTIFICATE COURSES ELIGIBLE FOR APPEARING IN CIVIL SERVICES EXAMINATION TIE UP WITH “IIIM “ ON CERTAIN MANAGEMENT COURSES ELIGIBLE FOR PHD . IN CERTAIN UNIVERSITIES More than 15 CERTIFICATE COURSES

POLITICS SOCIETY A CA HAVE CONTROL OVER LEGAL ECONOMY TECHNOLOGY WELL IDENTIFIED & RESPECTED IN SOCIETY POLITICS: CA ARE WELL PLACED & RECOGNISED TECHNOLOGY: IN LINE WITH WORLD : FULLY HI-TECH ECONOMY: HANDLING FINANCE & RESHAPING ECONOMY LEGAL: EXPERTISE OF VARIOUS LAWS

Purely Merit Based Course We believe in equality. No discrimination on any basis.

CHARTERED ACCOUNTANTS ARE BRIDGE BETWEEN PEOPLE AND GOVERNMENT. CA CONNECTING…. PUBLIC GOVERNMENT CHARTERED ACCOUNTANTS ARE BRIDGE BETWEEN PEOPLE AND GOVERNMENT.

ACCOUNTING 7 CONTINENTS..1 LANGUAGE

Future Prospects in india

(New Course Curriculum) Entry to CA Profession (New Course Curriculum) Foundation Scheme Direct Entry Scheme (Foundation exempted)

Direct Entry to Chartered Accountancy Course Intermediate Examination Pass of Graduates/ Post Graduates The Institute of Company Secretaries of India The Institute of Cost Accountants of India Others with 60% Marks In Commerce with 55% Marks Career Counselling sub-group under BOS, ICAI

Foundation Course Career Counselling Sub-group under BOS, ICAI

Course after appearing in Foundation Course Eligibility 12th Pass Enroll for Foundation Course after appearing in 12th Examination Pass in Class XII Examination Appear For Foundation Exam Pass Foundation Examination Enroll CA course

Foundation Course Paper-2 Paper -4 Principle & Practices of Accounting (100 marks) Paper-2 Business Law & Business Correspondence and Reporting (100 Marks) Paper -3 Business Mathematics and Logical Reasoning &Statistics (100 Marks) Paper -4 Business Economics & Business and Commercial Knowledge (100 Marks) Notes Paper 3 and Paper 4 will be Objective type papers. Passing percentage: Aggregate- 50% and Subject-wise- 40% at one sitting. Objective type question of 1 or more marks. Examination: In the month of November and May after passing Class XII. Business Law (60 Marks) Business Mathematics and Logical Reasoning (60 Marks) Business Economics (60 Marks) Business Correspondence and Reporting (40 Marks) Business and Commercial Knowledge (40 Marks) Statistics (40 Marks)

Intermediate (IPC) Course

Career Counselling Sub-group Under BOS, ICAI Final Course Final Course Career Counselling Sub-group Under BOS, ICAI

Practical Training Articled Training of 3 Years Practical Exposure System of on the job training for professional careers Exchange of services for experience Practical Exposure Articled Training of 3 Years Practical Training in the form of three years of articled training as a part of the education and training for the CA Course is perhaps the foremost distinguishing factor ensuring all round development and outstanding position of Chartered Accountants in the economy. The Practical Training provides practical exposure and experience in handling accounting, auditing, taxation and other services. Students provide service in exchange for practical experience critical to succeed in todays world. Articled training is a system of on the job training, which serves as the base for their professional career.

Articled Training - Importance Personality Improvement Communication skills Enhance Confidence Expand Knowledge Practical Point of View Useful for future career Real Learning Empowerment Time Management Skilled Employers Dedicated Learning Independent Judgment Articled Training is indeed important as It is very useful in the future career as a Chartered Accountant It provides a Practical Point of View in professional life It Expands Knowledge and experience base It Enhances Confidence in handling professional assignments through practical exposure It improves Communication skills through personal interactions with Statutory Bodies and Clients It leads to Personality Improvement It fosters Independent Judgment formation in practical situations It enables one to get Dedicated Learning experience on-the-job It enables one to learn from Skilled Employers It Fosters Time Management habbit Leads to Empowerment as a professional It provides Real Learning experience

Stipend Minimum Stipend payable per month to articled assistants I year II year Remaining period Cities/ Towns having population of 20 lakhs and above 2000 2500 3000 Cities/ Towns having population of above 4 lakhs but less than 20 lakhs 1500 Cities/ Towns having population of less than 4 lakhs 1000

Orientation Course Subjects Details About the Institute, Academic & Technical Guidance Personality Development Conversational Skills Office Procedures Grooming Business Details Organised at Regional Councils and Branches of Regional Councils Attendance Requirement: 90% Environment

Success as you clear CA Once you have cleared your CA final exam, you are ready to give wings to your dreams !

Other Courses with CA Course Prior Permission – Essential Under Regulations 65 & 78 of CA Regulations, 1988 Only One Course Permitted with Practical Training Permission may be obtained by Submitting Form 112 Career Counselling Sub-group Under BOS, ICAI

ICAI Cloud Campus - Revolutionizing CA Education Learn Anytime & from Anywhere Examination Oriented Teaching First Student Cloud Campus in Accounting Education Learning System to be pursued along with Practical/ Articled Training ICAI Cloud Campus Learn Anytime & Anywhere Learn on Mobile Devices

Institute Website www.icai.org   Further Details Institute Website www.icai.org

Business Accounting Associate (New Course Curriculum: Subject to Notification) BAA Scheme under the Revised Scheme of Education and Training Route I - Foundation Course Under the Foundation Course Route, the following steps are required: • Register with Board of Studies (BoS) after appearing in Class XII examination. • Appear for Foundation examination after four months of study period. The first Foundation examination can be taken in November/May, as applicable, following passing of Class XII examination. • Qualify Foundation Course. • Register with the BoS for the Intermediate Course. • Complete 8 months of study course. • Appear and Pass in either or both Groups of Intermediate Course. Successfully complete Four Weeks Integrated Course on Information Technology and Soft Skills (ICITSS) before commencement of the practical training. • Register for Three years Practical Training on passing either or both the Groups of Intermediate. • Successfully complete Four Weeks Advanced ICITSS during the last two years of Practical Training. • Complete Practical Training. • Become Business Accounting Associate (BAA).

Business Accounting Associate (New Course Curriculum: Subject to Notification) BAA Scheme under the Revised Scheme of Education and Training Route II – Direct Entry Route The ICAI allows Commerce Graduates/Post-Graduates (with minimum 55% marks) or Other Graduates/Post-Graduates (with minimum 60% marks) and Intermediate level passed students of Institute of Company Secretaries of India and Institute of Cost Accountants of India to enter directly to its Intermediate Course. The following steps are required to be undertaken by the eligible Graduates and Post Graduates under this route: • Register with the BOS for the Intermediate course (provisional registration allowed to the students doing Final year of graduation). • Successfully complete Four Weeks Integrated Course on Information Technology and Soft Skills (ICITSS) before commencement of the practical training. • Register for Three Years Practical Training. • Appear in Intermediate Examination after Nine months of Practical Training. • Qualify Intermediate Course. • Successfully complete Four Weeks Advanced ICITSS during the last two years of Practical Training. • Complete Practical Training. • Become Business Accounting Associate (BAA). Note: Candidates who have passed Intermediate level examination of Institute of Company Secretaries of India or Institute of Cost Accountants of India and enter the CA Intermediate course directly shall be treated at par with Foundation passed students and shall have to undergo the CA course in the manner akin to the Foundation passed students.

QUERIES ??? Career Counselling Sub-group under BOS, ICAI ccc.counselling@icai.in ???