The Institute of Chartered Accountants of India Established by an ACT 0f Indian Parliament The Chartered Accountants Act, 1949 Career Counselling Sub-group Under BOS, ICAI Career Counselling Subgroup Under BOS, ICAI 1
Ray Of light in Student s life COMMERCE
Y H W T& A H W C EO M R
What is Exchange of goods & services for consideration Lifeline of any economy Basis of any transaction Backbone of any exchange of goods/ services Best of imagination has link with commerce Contributes to growth of community
C E O Y MH R W qc WHY COMMERCE? CASH q O OPTIMIZATION q M MANAGEMENT q M MARKETING q E EXPANSION q R RESEARCH q C CUSTOMER/COMPETITION q E - ECONOMY
Just like blood in Human Body Similarly Commerce is must for any Economy
DREAM CA BELIEVE CA ACHIVE CA MONEY REPUTATION INTERNATIONAL EXPOSURE WELL SETELLED LIFE CAMPUS PLACEMENT CA STUDENT DEDICATION
USP OF CA COURSE Constitutional support (Created by Act of Parliament) Regulators of Audit & Assurance Function Age is no bar Purely merit based course Distant Learning Course Theoretical & Practical Learning in 3 year articleship Cloud Campus for students Great Learning at minimal cost Open for all streams : Commerce/Arts/Science Standardized Course with regular updation 100% employment (Unlimited Career Options) Makes one multitasking
Global Career Opportunity Industry Employment Professional Practice Career Counselling Sub-group Under BOS, ICAI
CA Career Opportunities Industr y/ Servic e Professio nal Practice Managem ent Services Career Counselling Sub-group Under BOS, ICAI
Career Opportunities for Chartered Accountants 1. 2. 3. (1) Independent Professional Practice Management Consultancy service/practice Service in industry / Govt. organisation Independent Professional Practice As practitioners of accounting, CAs may start professional practice as a proprietor or join any firm as a partner or staff member. A CA provides compliance and review services, also acts as a business advisor by rendering all kinds of services including the preparation of financial reports, helping the business to secure loans, preparing financial projections and determining the viability of a business in following traditional areas besides practising: (1) Audit (2) Income Tax (3) Service Tax (4) Value Added Tax etc.
Career Opportunities for Chartered Accountants (2) Management Consultancy Services A CA plays a vital role in assisting businesses to improve the use of their resources, increase their efficiency and achieve their objectives. The range of management consultancy services rendered by CAs reflect their expertise in diverse areas like (1) Financial Management (2) Strategic Management (3) Planning and determination. financial policy
Career Opportunities for Chartered Accountants (3) Service in Industry/Government Organisation A CA may prefer to join an industry or government department and ultimately hold responsible positions. Alternately, a CA may take up the job of an educator at a University/college level. Many chartered accountants hold responsible positions in business or industrial entities as CEOs, CFOs, COOs, Managing Directors, Director (Finance), in the following sectors:-banking Information Technology, Insurance & other industries.
ICAI Profile Particulars No. ORGANIZATIONAL Regional Offices Branches Chapters Abroad 5 164 30 SPECIAL PURPOSE OUTFITS CPE Study Circle CPE Chapters Reference Libraries Accredited Institutions MEMBERSHIP 2,72,000 % in Practice About 50% STUDENTS 8,00,000
ICAI Network New Delhi Kanpur Calcutta Mumbai Chennai Decentralized Offices Bahrain Abu Dhabi Botswana Indonesia Doha Jeddah Dubai Kuwait Port Moresby (Papua New Guinea) London Riyadh Melbourne Saudi Arabia (Eastern province) Muscat Singapore Nairobi (Kenya) Sydney New York Toronto Nigeria Zambia Ras-al-Khaimah and 8 more overseas destination
Role of ICAI e o a r e f g t l T s h u p s o nf i c A ca t n o y u s cixeoe nd stri ujesay in r cd l p i c i ved cs imtaaonpylrvg gasmcnd osirt fes nper uo f M e bs m r c gosdnfaiasc tl rumno r F c i shad tse nl gr oalwdi y e o fg sn rpi usc naodei lct n s c g i n o r C eu Ps f d a t Q l
ELIGIBLE FOR APPEARING IN CIVIL SERVICES EXAMINATION ELIGIBLE FOR PHD. IN CERTAIN UNIVERSITIES TIE UP WITH IIIM ON CERTAIN MANAGEMENT COURSES More than 15 CERTIFICATE COURSES
A CA HAVE CONTROL OVER TECHNOLOGY SOCIET SOCIETY: WELL IDENTIFIED & RESPECTED IN SOCIETY Y POLITICS: CA ARE WELL PLACED & RECOGNIS ED TECHNOLOG Y: IN LINE WITH WORLD : FULLY HITECH POLI LE TICS ECON GA OMY ECONOMY: HANDLING FINANCE & RESHAPING ECONOMY L LEGAL: EXPERTISE OF
Purely Merit Based Course We believe in equality. No discrimination on any basis.
CA CONNECTING. PUBLIC GOVERNMENT CHARTERED ACCOUNTANTS ARE BRIDGE BETWEEN PEOPLE AND GOVERNMENT.
7 CONTINENTS..1 LANGUAGE ACCOUNTIN G
Future Prospects in india
Entry to CA Profession (New Course Curriculum) Foundation Scheme Direct Entry Scheme (Foundation exempted)
Direct Entry to Chartered Accountancy Course Graduates / Post Graduates In Commerce with 55% Marks Others with 60% Marks Intermediate Examination Pass of The Institute of Cost Accountants of India The Institute of Company Secretaries of India Career Counselling sub-group under BOS, ICAI
Foundation Course Career Counselling Sub-group under BOS, ICAI
Foundation Course Eligibility 12th Pass Enroll for Foundation Course after appearing in 12th Examination Pass Appear For in Foundation Class XII Exam Examination Pass Foundation Examination Enroll CA course
Foundation Course Paper -1 Principle & Practices of Accounting (100 marks) Notes Paper 3 and Paper 4 will be Objective type papers. Passing percentage: Aggregate50% and Subject-wise40% at one sitting. Objective type question of 1 or more marks. Examination: In the month of November and May after passing Class XII. Paper-2 Business Law & Business Correspondence and Reporting (100 Marks) Paper -3 Business Mathematics and Logical Reasoning &Statistics (100 Marks) Paper -4 Business Economics & Business and Commercial Knowledge (100 Marks) Business Law (60 Marks) Business Correspond ence and Reporting (40 Marks) Business Mathemat ics and Logical Reasonin g (60 Marks) Business Economics (60 Marks) Statistics (40 Marks) Business and Commercia l Knowledge
Intermediate (IPC) Course Intermedi ate (IPC) Course
Final Course Final Cour se Career Counselling Sub-group Under BOS, ICAI
Practical Training 31
Articled Training - Importance 32
Stipend Minimum Stipend payable I year per month to articled assistants Cities/ Towns having population of 20 lakhs and above 2000 Cities/ Towns having population of above 4 lakhs but less than 20 lakhs 1500 Cities/ Towns having population of less than 4 lakhs 1000 II year 2500 2000 1500 Remaining period 3000 2500 2000
Orientation Course Subjects About the Institute, Academic & Technical Guidance Personalit y Developm ent Environm Conversati ent onal Skills Office Procedure s Details Organised at Regional Councils and Branches of Regional Councils Attendance Requirement: 90%
Success as you clear CA Once you have cleared your CA final exam, you are ready to give wings to your dreams!
Other Courses with CA Course Prior Permission Essential Under Regulations 65 & 78 of CA Regulations, 1988 Only One Course Permitted with Practical Training Permission may be obtained by Career Counselling Sub-group Under BOS, ICAI Submitting Form 112
ICAI Cloud Campus - Revolutionizing CA Education 37
Further Details Institute Website ww w.icai.org
Rs. For foreign students US$ 9,000 700 18,000 1000 Orientation Course 7,000 325 ITT 6,500 300 22,000 1100 GMCS 7,000 325 Advanced ITT 7,500 350 77,000 4100 Course and Fees Foundation Registration Fee Intermediate Registration Fee(With Articles) ICITSS (Integrated Course on Information Technology and Soft Skills) Final Registration Fee AICITSS (Advanced Integrated Course on Information Technology and Soft Skills) TOTAL 39
Business Accounting Associate (New Course Curriculum: Subject to Notification) BAA Scheme under the Revised Scheme of Education and Training Route I - Foundation Course Under the Foundation Course Route, the following steps are required: Register with Board of Studies (BoS) after appearing in Class XII examination. Appear for Foundation examination after four months of study period. The first Foundation examination can be taken in November/May, as applicable, following 40
Business Accounting Associate (New Course Curriculum: Subject to Notification) BAA Scheme under the Revised Scheme of Education and Training Route II Direct Entry Route The ICAI allows Commerce Graduates/Post-Graduates (with minimum 55% marks) or Other Graduates/PostGraduates (with minimum 60% marks) and Intermediate level passed students of Institute of Company Secretaries of India and Institute of Cost Accountants of India to enter directly to its Intermediate Course. The following steps are required to be undertaken by the eligible Graduates and Post Graduates under this route: Register with the BOS for the Intermediate course (provisional registration allowed to the students doing Final year of graduation). 41
ICAI (SIRC) COACHING CLASSES (Since 1965) fo r FOUNDATION IPCC FINAL @ ICAI BHAWAN, No.122 Mahatma Gandhi Road, Renowned Faculty Nungambakam, Chennai 34 Affordable Fees Ph: 044-30210380 Online Registration Email: sircclasses@icai.in Fee concession for Merit and Needy students Website: www.sircoficai.org Fee waiver for physically Challenged ü C AS M P U C A R O U E T N ED RT CASH TA I XE T& EN SDUT 42
AWARDS FOR MERITORIOUS STUDENTS UNDER PRIZE FUNDS (ENDOWMENTS) OF SIRC OF ICAI P. Gopalakrishna Rao Prize Fund To Lady candidate securing the highest marks in the May and November CA Final Examination in the Southern Region L.N. Vasudevan Memorial Fund To candidate securing the highest marks in the May and November CA Final Examination in the city of Chennai
AWARDS FOR MERITORIOUS STUDENTS UNDER PRIZE FUNDS (ENDOWMENTS) OF SIRC OF ICAI M.G. Subramanian Memorial Fund To candidate securing the highest marks in the May and November CA Final Examination belonging to the State of Tamil Nadu V. Soundararajan Memorial Fund To candidate securing the highest marks in the May and November CA Final Examination in the Southern Region
AWARDS FOR MERITORIOUS STUDENTS UNDER PRIZE FUNDS (ENDOWMENTS) OF SIRC OF ICAI B.Shyam Sundar Memorial Fund To candidate securing the highest marks in the May and November. CA PE-II Examination from the Southern Region CA. T.K. Chandrasekaran Endowment To candidate who secures the highest marks in Advanced Accountancy Paper in the CA Final Examination
AWARDS FOR MERITORIOUS STUDENTS UNDER PRIZE FUNDS (ENDOWMENTS) OF SIRC OF ICAI B Ramaraj Memorial Prize Fund To candidate securing the highest marks in the subject of Economics in CPT Examination from Southern Region for those appearing in June/December Examination. L Mallikarjuna Rao Memorial Prize Fund (Two Endowments) Prize to a student of the Southern Region who secures the highest aggregate of marks in Group I of the Final
MERIT CUM MEANS SCHOLARSHIP SIRC of ICAI awards Merit-cum-Means Scholarships to students pursuing CA Course for under the following Endowment Funds. The scholarships are confined to the students enrolled in the Southern Region only. R. Sivabhogam Memorial Scholarship Endowment Reimbursement of fees on joining IPCC/IIPCC/Intermediate for 3 girl students plus one scholarship for a physically handicapped student (Total 4 scholarships). (Minimum scholarship amount of Rs.2000/-)
MERIT CUM MEANS SCHOLARSHIP R. Sivaraman Scholarship Endowment Two scholarships (minimum amount of Rs.4000 each) for two students at the final level on their enrolment after completing IPCC/IIPCC/Intermediate (preferably a rank holder with merit and need based) 4 Scholarships for reimbursement of fees for joining the IPCC/IIPCC/Interemediate. (Minimum scholarship amount of Rs.2000/-) D. Rangasamy Memorial Scholarship Fund Reimbursement of fees on jointing the IPCC/IIPCC/Intermediate (4 scholarships). (Minimum scholarship amount of Rs.2000/-). Ashok Kumbhat Endowment Fund Scholarship to needy preferably girl students joining the CA Course. (4 scholarships) (Minimum scholarship amount of Rs.2000/-).
Application can be downloaded from the following link http://sircoficai.org/announcementdetails.aspx?id=68 The filled in application shall be sent to/submitted at the office of SIRC of ICAI addressed to The Chairman, Southern India Regional Council of the Institute of Chartered Accountants of India, ICAI Bhawan, 122, Mahatma Gandhi Road, Nungambakkam, Chennai 600034. The decision of the SIRC of ICAI shall be final in all matters regarding this Merit cum Means Scholarship.
Career Counselling Sub-group under BOS, ICAI ccc.counselling@icai.in QUERIES??? 50