raveena sharmaMay 17, 2013
sir, i have just aapeared for class 12 exam and this time preparing for cpt june attempt . i want to...
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YoungBuzz Counselor - Dear Raveena Sharma,

B.com is a graduation degree and Chartered Accountant is a qualification. B.com can be done from any regular college whereas for Chartered Accountancy you have to register with ICAI i.e. Indian Chartered Accountant Institute. They both are pursued simultaneously.
There are three levels of Chartered Accountancy Course in India:
1. Entry Level Test: Common Proficiency Test
2. First Stage of Theoretical Education: Professional Competence Course
3. Final Stage of Theoretical Education: Final Course

A student can enroll with the ICAI for Common Proficiency Test (CPT) after passing Class 10 examination. He/She can appear in CPT after appearing in the Senior Secondary Examination (10+2 examination).

After passing CPT and 10+2 students can join Professional Competence Course, articled training, and 100 hours of Information Technology Training (ITT). Articled training is the practical training and involves working in the office of a Chartered Accountant in practice or a firm of such Chartered Accountants. There are two types of training opportunities available to a student of the course: as an articled clerk or as an audit clerk. Articled clerk is a trainee attached to a Chartered Accountant in practice under a deed of articles for the duration of the training of 3-1/2 years.

After completion of three months of articled training students are required to undergo 100 hours of Information Technology Training. Students are eligible to appear in Professional Competence Examination after working for not less than 15 months as an articled assistant or equivalent period as an audit assistant, three months prior to the first day of the month in which examination is held.

After passing the Professional Competence Examination, students are required to register for Final course with the Board of Studies. Students may also undergo May undergo General Management and Communication Skills Course (GMSC) while undergoing Final course or they can do GMSC after passing Final Course. Students can appear for final examination on completion of the practical training on or before the last day of the month preceding the month in which the examination is held. And finally you practice as a C.A - Chartered Accountant.

Wishing you all the best!
May 17, 2013

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