Chartered Accountants CA Eligibility Criteria

The students that seek to get admission in the CA wanted to know about the eligibility criteria so that they can evaluate themselves according to mentioned requirements. The candidates that fall into the eligibility criteria of this qualification are only able to enroll in it. The CA eligibility criteria define the abilities and potential of the candidates that can take admission in this field. To get the CA degree the students are required to complete four parts of CA. Afterward, they have to undergo 3 years of training or 4 years of training. The criteria is divided mainly into two categories such as

• Full Time Scheme
• Trainee scheme

Full-Time Scheme

• The full-time scheme is the route of entry for such students that have done the intermediate with 50% marks.
• The students that have passed two papers of A levels can also do CA.
• The graduates can pursue CA by having a minimum of 45% marks in graduation.
• It is mandatory for the candidates to pass or obtain exemption form the assessment of fundamental competencies exam so that they can appear in the professional exams as per eligibility for CA course.
• After the successful completion of the certificate in accounting and finance, the students then have to join an authorized training institute for the prescribed time.

Trainee Scheme

• The training student can be the best opportunity for those students that directly wanted to opt the practical training.
• The students after graduation and post-graduation can take admission in CA if they secure 45% marks in graduation.
• The age limit for the training scheme is a minimum of 16 years.

Qualification Stages

The candidate qualifies for the stages stated below during the training:

• Assessment of Fundamental Competencies (AFC)
• Certificate in Accounting and Finance (CAF)
• Certified Finance and Accounting Professional (CFAP)
• Multi-Subject Assessments (MSA)

CA Eligibility Criteria Frequently Asked Questions:

• What is the age limit of trainee scheme?
  The age limit of trainee scheme is a minimum of 16 years.
• Can the students after graduation and post graduation take the admission in CA?
  The students after graduation and post-graduation can take admission in CA if they secure 45% marks in graduation.
• For CAF ICAP how many attempts are there?
  For each paper six attempts are available at CAF level. However, if in six attempts students have passed seven papers then he or she will be allowed to do two additional attempts for each remaining paper. if the examinee is appeared in the exams only then the attempt will be counted.
• What does CA involves?
  It involves financial information of individual clients, institutions and other corporate clients.
• Can CA be completed in 2 years?
  For the completion of CA course there is no fixed time-period. The time to complete CA only depends upon the candidate's performance in the examinations and the time of start of Articleship.