The Chartered Accountancy course is conducted by the Institute of
Chartered Accountants of India, which has its Headquarters in New
Delhi, 5 regional offices (Calcutta, Kanpur, Madras, Mumbai and New
Delhi) and 81 branches under these regional centres. In order to become
a member of this Institute, a candidate needs to Pass the intermediate
and final examinations of the institute.
The Foundation course Introduced by the Institute of Chartered
Accountants of India, this course was created for candidates passing
their 10+2 with any subject but can be taken along with
graduate/post-graduate studies (eligibility rules vary). It is a 1-year
programme done through correspondence. Once a student registers, they
are sent the study materials and he/she has the option of either
self-study or attending classes organised by accredited institutions
(thereby, exempting themselves from taking test papers under the postal
tuition scheme). At the end of the study/course period of 12 months, a
foundation examination is given in four 3-hour papers in Fundamentals
of Accounting, Economics, Mathematics, Statistics and Mercantile Law.
On passing this examination, candidates can apply for articleship with
a practicing CA.
On completion of the training, the candidates need to gain membership
to the ICAI before they can start practicing as a CA. A member wishing
to practice in India or abroad needs to obtain a Certificate of
Practice from the ICAI, the yearly fee of which is Rs. 400. Once
membership is taken, the practicing member cannot work in any other
business or occupation without taking permission from the council; they
are only permitted to work in areas as specified in the CA regulations.
More information on enrollment or the examinations can be requested
from the Institute's offices or the Headquarters at Indraprastha, New
Delhi OR the Board of Studies, C1 - Sector 1, Noida - 201301

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