Khatri Classes

CA Course Complete Guide - Q&A Format

BASIC INFORMATION

The CA (Chartered Accountant) course is conducted by the Institute of Chartered Accountants of India (ICAI) to develop globally ready accounting professionals with technical competence, professional skills, and ethical values.

  • Foundation Level
  • Intermediate Level
  • Final Level

  • Route I: Foundation Course (after Class X/XII)
  • Route II: Direct Entry to Intermediate (for graduates/post-graduates)

ROUTE I: FOUNDATION COURSE

Students who have passed Class X examination can register for the Foundation Course.

After completing 4 months of theoretical education and after appearing in Class XII examination.

  • Paper 1: Accounting (100 marks)
  • Paper 2: Business Laws (100 marks)
  • Paper 3: Quantitative Aptitude (100 marks) - Business Mathematics, Logical Reasoning, Statistics
  • Paper 4: Business Economics (100 marks)

    You must also pass Class XII, then register for the Intermediate Course.

ROUTE II: DIRECT ENTRY

  • Commerce Graduates/Post-Graduates with minimum 55% marks
  • Other stream Graduates/Post-Graduates with minimum 60% marks
  • Intermediate level passed candidates of ICSI or ICMAI

    • Yes, final year graduation students can take provisional registration, which will be confirmed upon submission of final mark sheets with required minimum marks.

      Your provisional registration will be cancelled, no credit will be given for theoretical education, and you may get a partial refund as decided by ICAI.

    INTERMEDIATE LEVEL

    8 months of theoretical education is required before appearing in the examination.

    Group I:

  • Paper 1: Advanced Accounting (100 marks)
  • Paper 2: Corporate and Other Laws (100 marks)
  • Paper 3: Taxation - Section A: Income-tax Law (50 marks), Section B: GST (50 marks)

    • Group II:

  • Paper 4: Cost and Management Accounting (100 marks)
  • Paper 5: Auditing and Ethics (100 marks)
  • Paper 6A: Financial Management (50 marks)
  • Paper 6B: Strategic Management (50 marks)

      • Yes, you must pass both groups of Intermediate examination.

      Integrated Course on Information Technology and Soft Skills - must be completed before starting Practical Training.

    PRACTICAL TRAINING

    After passing both groups of Intermediate and completing ICITSS.

    2 years of Practical Training is mandatory.

      An advanced IT and soft skills course that must be completed after Practical Training but before appearing in Final Examination.

    SELF-PACED ONLINE MODULES

    Four online modules (Sets A, B, C, D) that students must complete and qualify through online assessment.

    SET A (Compulsory): Corporate and Economic Laws

    SET B (Choose one - Elective):

    Strategic Cost & Performance Management Risk Management Sustainable Development and Sustainability Reporting Public Finance and Government Accounting The Insolvency and Bankruptcy Code, 2016 International Taxation The Arbitration and Conciliation Act, 1996 Forensic Accounting Valuation Financial Services and Capital Markets Forex and Treasury Management

    SET C (Compulsory): As determined by ICAI

    SET D (Choose one - Multi-disciplinary approach):

    The Constitution of India & Art of Advocacy Psychology & Philosophy Entrepreneurship & Start-Up Ecosystem Digital Ecosystem and Controls

    FINAL LEVEL

    After qualifying both groups of Intermediate examination.

    Six months after completion of the 2-year Practical Training period.

    Group I:

  • Paper 1: Financial Reporting (100 marks)
  • Paper 2: Advanced Financial Management (100 marks)
  • Paper 3: Advanced Auditing, Assurance and Professional Ethics (100 marks)

    • Group II:

  • Paper 4: Direct Tax Laws and International Taxation (100 marks)
  • Paper 5: Indirect Tax Laws (100 marks)
  • Paper 6: Integrated Business Solutions (100 marks) - Multi-disciplinary case study

    • A multi-disciplinary case study involving Papers 1 to 5 at Final level along with Self-Paced Online Modules Sets A and B and Strategic Management.

    BECOMING A CHARTERED ACCOUNTANT

  • Complete all Self-paced Online Modules
  • Complete 2 years of Practical Training
  • Complete Advanced ICITSS
  • Appear in Final Examination (6 months after PT completion)
  • Pass both groups of Final Examination
  • Apply for ICAI Membership
  • Become a Chartered Accountant

    • BAA CERTIFICATE

    Business Accounting Associate Certificate - an optional certificate students can obtain.

    After passing both groups of Intermediate, completing 2 years of Practical Training, Advanced ICITSS, and qualifying self-paced online modules by paying prescribed fee.

  • Minimum 40% in each paper (40 marks out of 100)
  • Minimum 50% in aggregate (200 marks out of 400 total)

  • Minimum 40% in each paper (40 marks out of 100)
  • Minimum 50% in aggregate for each group

  • Minimum 40% in each paper (40 marks out of 100)
  • Minimum 50% in aggregate for each group

    • No, there is no negative marking in CA Foundation, Intermediate, or Final exams. Students should attempt all MCQs.

    Under the new scheme, papers where candidates score 60 marks or above are considered permanently passed - meaning you don't need to appear for that paper again in future attempts. For remaining papers, you must score minimum 50%.

    Yes, under the new ICAI scheme, students have the flexibility to relinquish their exemptions.

    Candidates who score 70% or above in overall aggregate are declared to have passed with Distinction.

    No, there is no limit on the number of attempts for CA Foundation, Intermediate, or Final exams.

    Candidates can write CA exams in either English or Hindi, except for the Paper on Business Communication, which must be written in English only.

    Pass percentages are typically low due to exam difficulty:
  • CA Foundation: Around 14-15%
  • CA Intermediate: Around 9-13% for both groups, 14-27% for individual groups
  • CA Final: Around 16-18% for both groups, 22-26% for individual groups