Students of science background are eligible for CA Exam. Here I am giving you important details about CA Exam.

Qualification of C.A:
Person is eligible to apply for membership either by passing all three levels of examinations prescribed by ICAI and completing three years of practical training or by availing themselves of exemptions under mutual recognition agreements (MRAs).

C.A. Examination:

Chartered Accountancy examinations are divided into three following levels:

CPT:
CPT covers four basic subjects viz.
• Fundamentals of Accounting
• Mercantile Laws
• Economics and Quantitative Aptitude

Candidate is considered to have cleared CPT if he/she obtains in a sitting 30% in each of the 4 sections and a 50.00% aggregate in the entire examination.


IPCC:
IPCC (Integrated Professional Competence Course) is the second level of Chartered Accountancy examinations. IPCC has two groups of seven subjects. Group – I consists of four subjects and Group – II of three subjects.

Group I:
Paper 1 : Accounting
Paper 2 : Business Laws, Ethics and Communication
Paper 3 : Cost Accounting and Financial Management
Paper 4 : Taxation

Group II:
Paper 5 : Advanced Accounting
Paper 6 : Auditing and Assurance
Paper 7 : Information Technology and Strategic Management


CA Final Examination:
CA Final Examination is the last and final level of Chartered Accountancy Examinations. It is considered as one of the toughest exam in the world.

Group I:
Paper 1 : Financial Reporting,
Paper 2 : Strategic Financial Management,
Paper 3 : Advanced Auditing and Professional Ethics,
Paper 4 : Corporate and Allied Laws,

Group II:
Paper 5 : Advanced Management Accounting,
Paper 6 : Information Systems Control and Audit,
Paper 7 : Direct Tax Laws
Paper 8 : Indirect Tax Laws.