ICWA - It stands for Cost and Work Accountancy. Institute of Cost and works Accountants of India

The entrance exam for ICWA is held twice a year in the month of June and December.

Stages of ICWAI
Foundation Course
Intermediate Course
Final Course

Eligibility
Foundation Course:-
Must have passed 10+2 from recognized board or exam recognized by the central government

Intermediate Course:-
Must have passed 10+2 and Foundation Course of the Institute of Cost Accountants of India or Graduation in any discipline other than Fine arts

Final Course:-
Must have passed Intermediate

ICWA Course Structure
Foundation Course – Six months
Paper 1: Fundamentals of Economics and Management (One

Paper: 3 hours:100 marks)

Paper 2: Fundamentals of Accounting (One Paper: 3 hours:100 marks)

Paper 3: Fundamentals of Laws and Ethics (One Paper: 3 hours:100 marks)

Paper 4: Fundamentals of Business Mathematics & Statistic (One

Paper: 3 hours:100 marks)

Intermediate Course(Part I) -Six months
Paper 5: Financial Accounting (One Paper: 3 hours:100 marks)

Paper 6: Laws, Ethics and Governance (One Paper: 3 hours:100 marks)

Paper 7: Direct Taxation (One Paper: 3 hours:100 marks)

Paper 8: Cost Accounting and Financial Management (One Paper: 3 hours:100 marks)

Intermediate Course(Part II) -Six months
Paper 9: Operation Management & Information System (One Paper: 3 hours:100 marks)

Paper 10: Cost and Management Accountancy(One Paper: 3 hours:100 marks)

Paper 11: Indirect Taxation(One Paper: 3 hours:100 marks)

Paper 12: Company Accounts and Audit(One Paper: 3 hours:100 marks)

Final Course (Part III) – Six months
Paper 13: Corporate Laws and Compliance(One Paper: 3 hours:100 marks)

Paper 14: Advanced Financial Management (One Paper: 3 hours:100 marks)

Paper 15: Business Strategy & Strategic Cost Management(One Paper: 3 hours:100 marks)

Paper 16: Tax Management and Practice(One Paper: 3 hours:100 marks)
Final Course (Part IV) -Six months

Paper 17: Strategic Performance Management(One Paper: 3 hours:100 marks)

Paper 18: Corporate Financial Reporting(One Paper: 3 hours:100 marks)

Paper 19: Cost and Management Audit(One Paper: 3 hours:100 marks)

Paper 20: Financial Analysis & Business Valuation(One Paper: 3 hours:100 marks)