What Is CA Intermediate?
CA Intermediate Course is the 2nd level test of the Chartered Accountancy (CA) course in India. There's two tips on how to enter this level. The first is by clearing the foundation level and the 2nd is actually a direct entry. The intermediate level helps learners gain a strong knowledge of the many regions of Finance and Accounting.
The team approach complicates the test even more due to the fact Every single group includes four topics, and also a prospect ought to move all four papers to pass the group. Failure to go a person subject matter ends in the failure of your entire group, suggesting that the student fails the courses he has completed. Each individual of such teams contains 4 subjects and it is Obligatory for every and every candidate to go in all 4 topics to qualify the team. If a student is struggling to rating the least essential passing marks, then he/she is totally disqualified from the particular team.
CA Exams are without doubt looked upon as one of many toughest exams while in the nation with huge syllabus and multiple topics. Because you've landed right here, you must have now cleared your Basis Examination or you must certainly be a graduate or postgraduate considering commencing your CA Journey.
Well, many learners, on The idea in their practical experience at the inspiration level, get started perceiving CA being a “not-so-hard” course. But intellect you, the practical experience with the Intermediate level is completely diverse from your one that you experienced at Basis.
I am not endeavoring to scare you relatively creating you realise that it is important to endure every little thing carefully and only then, it is best to take a perfectly-knowledgeable decision to action ahead during the journey. All things considered, you are going to invest your endeavours, time and determination in this article.
What's the eligibility for registration in CA Intermediate?
The following candidates are qualified for registration in CA Intermediate exams:
1. Candidates who have passed their CA foundation exam ( the entrance exam)
2. Commerce Graduates/Post-Graduates (with minimum 55% marks) or Other Graduates/Post-Graduates (with minimum 60% marks) (Direct Entry Route)
3. Intermediate level passed candidates of Inter DT IDT Combo by CA Bhanwar Borana CA Vishal Bhattad Institute of Company Secretaries of India and Institute of Cost Accountants of India (Direct Entry Route)
Is there any difference between graduates/post-graduates and CS/CMA level-2 qualified students registering via Direct Entry Route? If yes, what is it?
Yes, there is a difference between the two. Graduates/Post-Graduates who fulfill the above criteria can appear for Intermediate only after completing 9 months of articleship whereas, CS/CMA (Level- 2) cleared candidates will have to appear CA -Intermediate exams and can commence articleship only after clearing at least one group.
What if a student is both a Graduate/Post-Graduate with a requisite percentage as well as a qualified CS/CMA level-2 candidate?
Such a student has a choice to enroll either through Graduate/Post-Graduate route or through CS/CMA route and accordingly, the procedure shall be followed.
Can existing CPT/CA-Foundation students on becoming eligible for the Direct Entry route convert to Direct Entry Scheme?
Indeed, such college students can convert into the Direct Entry plan by paying out Intermediate Registration fees only.
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