Chartered Accountancy (CA) is a professional accounting designation awarded by the Institute of Chartered Accountants of India (ICAI). The CA course is divided into three levels: Foundation, Intermediate, and Final. The CA Inter exam is the second level of the CA course.
Overview
The CA Inter exam is a challenging exam, but it is also a great opportunity for those who want to pursue a career in accounting and finance. The exam covers a wide range of topics, so it is important to start studying early and make a study plan. It is also important to practice with previous year’s question papers and join a study group or take online courses.
Eligibility Criteria
Here are the eligibility criteria for the CA Inter exam:
- You must have passed the 12th standard examination with at least 50% marks in aggregate.
- You must also have completed 15 years of age at the time of admission.
In addition to the above, the following are also eligible to apply for the CA Inter exam:
- Candidates who have passed the 10+2 examination with at least 45% marks in aggregate and have completed a three-year diploma course in accounting or finance from a recognized institute.
- Candidates who have passed the 10+2 examination with at least 45% marks in aggregate and have completed a three-year degree course in commerce or business administration from a recognized university.
- Candidates who have passed the 10+2 examination with at least 45% marks in aggregate and have completed a three-year degree course in any discipline from a recognized university and have also passed the Foundation Course of the ICAI with at least 50% marks.
The ICAI may also grant exemption from the 12th standard examination to candidates who have passed a qualifying examination conducted by the ICAI or any other recognized institute.
The ICAI may also grant relaxation in the minimum marks requirement for candidates belonging to certain categories, such as SC/ST/PwD candidates.
Exam Pattern
Exam |
Stage |
Subject |
Number of Questions |
Time Duration |
Marking Scheme |
---|---|---|---|---|---|
Main Exam | Group 1 | 400 (100 each for Accounting, Business Law, Economics, and Taxation) | 3 hours | 4 marks for each correct answer, 1 mark deducted for each incorrect answer | |
Main Exam | Group 2 | 400 (100 each for Corporate Accounting, Auditing and Assurance, Information Technology, and Strategic Financial Management) | 3 hours | 4 marks for each correct answer, 1 mark deducted for each incorrect answer |
Application Process
Here are the steps involved in the application process for the CA Inter exam:
- Go to the official website of the ICAI
- Click on the “Examinations” tab.
- Click on the “CA Intermediate Examination” link.
- Click on the “Apply Online” button.
- Create a new account or log in to your existing account.
- Fill out the application form and upload the required documents.
- Pay the application fee.
- Submit the application form.
Syllabus
The syllabus for the CA Inter exam:
Group 1
- Accounting: This subject covers the basic concepts of accounting, such as double-entry bookkeeping, financial statements, and auditing.
- Business Law: This subject covers the legal aspects of business, such as contracts, torts, and company law.
- Economics: This subject covers the principles of economics, such as microeconomics and macroeconomics.
- Taxation: This subject covers the taxation laws of India, such as income tax, sales tax, and excise duty.
Group 2
- Corporate Accounting: This subject covers the accounting principles and practices of corporate enterprises.
- Auditing and Assurance: This subject covers the auditing and assurance services provided by accountants.
- Information Technology: This subject covers the use of information technology in accounting and finance.
- Strategic Financial Management: This subject covers the strategic financial management of businesses.
Important Dates
Event | Date |
---|---|
Notification released by ICAI | September 2023 |
Online application starts | October 2023 |
Online application closes | November 2023 |
Admit card released | December 2023 |
Tips for Exam Preparation
- Start studying early and make a study plan.
- Focus on the topics that are most important for the exam.
- Practice with previous year’s question papers.
- Join a study group or take online courses.
- Get enough sleep and eat healthy foods.
FEES
Exam | Stage | Category | Fee |
---|---|---|---|
CA Inter | Main Exam | General | INR 15,000 |
CA Inter | Main Exam | SC/ST/PwD | INR 7,500 |
CA Inter | Re-exam | General | INR 7,500 |
CA Inter | Re-exam | SC/ST/PwD | INR 3,750 |
FAQ?
To be eligible for the CA Inter exam, you must have passed the 12th standard examination with at least 50% marks in aggregate. You must also have completed 15 years of age at the time of admission.
The CA Inter exam is a two-part exam: Group 1 and Group 2. Each group consists of four subjects. The exam is conducted in pen and paper mode.
The application process for the CA Inter exam is online. You can apply through the official website of the ICAI. The application fee is INR 15,000 for general candidates and INR 7,500 for SC/ST/PwD candidates.
To pass the CA Inter exam, you must pass all four subjects in each group. The minimum pass percentage for each subject is 40%.
Conclusion
The CA Inter exam is a challenging exam, but it is also a great opportunity for those who want to pursue a career in accounting and finance. The exam covers a wide range of topics, so it is important to start studying early and make a study plan. It is also important to practice with previous year’s question papers and join a study group or take online courses.