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1. What is Chartered Accountancy (CA)?
Chartered Accountancy (CA) is a professional course in accounting that equips you to deal with areas of Accountancy, Auditing, Cost Consultancy, Taxation, Legal Matters and Management Consultancy. The course involves a blend of theoretical education and practical training which run concurrently for a period of three years and equips a student with knowledge, ability, skills and other qualities required for a professional accountant.

2. Who can study Chartered Accountancy?
Students who have passed/appeared in final year of +2 examinations from any stream can join Chartered Accountancy starting from CAP-I/ CPT under ICAN / ICAI.

3. What are governing bodies of CA Studies?
Prospective students with the said criteria can register through the lnstitute of Chartered Accountants of Nepal (ICAN)/ the Institute of Chartered Accountants of India (ICAI) to pursue the CA Studies.

4. What is ICAN?
ICAN stands for The Institute of Chartered Accountants of Nepal.. an autonomous body established under Chartered Accountants Act, 1997, enacted by parliament of Nepal to regulate CA profession in Nepal 

5. What is ICAI?
ICAI stands for The Institute of Chartered Accountants of India, an autonomous established under Chartered Accountants Act, 1949, enacted by parliament of India to regulate CA profession in India.

6. Which board is more preferable, ICAN or ICAI?
Well, it depends on the personal interest and scope of career opportunities. Students are advised to join ICAN who wish to complete CA studies in their home ground and claim the opportunities, whereas students who choose ICAI board are best recommended to pursue their final level studies in India for more exposures. However, CPT and IPCC can be studied in Nepal.

7. Why CPT & IPCC in Nepal?
As India is an expansive market for CA Studies with bigger crowd and larger volume of students in the class. Whereas studying in Nepal for CPT/ IPCC students can gain intensive personal cares, frequent model test and conducive study environment to the beginners. However, in the final level students are advised to study in any state of India.

8. Which University imparting CA education?
No university in the world imparts CA education; every country has its autonomous body established under the Act of Parliament, like The Institute of Chartered Accountants of Nepal (ICAN) for Nepal and The Institute of Chartered Accountants of India (ICAI) for India. Students have got registered with the Board to pursue study.

9. What are the eligibility criteria to study Chartered Accountancy?
The eligibility criteria to study Chartered Accountancy under ICAN and ICAI are as follows:

Under ICAN

Level Required eligibility
CAP-I/ Foundation At least 10+2 passed or result awaiting students in any discipline or non-exempted Graduates.
CAP-II/ Intermediate CAP-I/ Foundation passed or Exempted Graduates.
Exempted Graduates
a. Commerce graduates having not less than 50% marks.
b. Non-commerce Graduates having not less than 60% marks.
CAP-III/ Final CAP-II/ Intermediate Passed

Under ICAI
Level Required eligibility
CPT 10+2 runners/ passed students
IPCC CPT Passed or Exempted Graduates.
Exempted Graduates
a. Commerce graduates having not less than 55% marks.
b. Non-commerce Graduates having not less than 60% marks.
CA Final IPCC passed

10. What is the duration of Chartered Accountancy Course?
The duration of Chartered Accountancy Course under ICAN and ICAI
Level Duration
CAP-I/ Foundation 6 months
CAP-II/ Intermediate 9 months
CAP-III/ Final 3 years (with articleship period)
Total: 4 years 3 months

Under ICAI
Level Duration
CPT 6 months
IPCC 9 months
CA Final 3 years (with articleship period)
Total: 4 years 3 months

11. What is articleship?
A student is required to undergo about 3 years of practical training known as articleship. The Chartered Accountancy course, thus, involves a unique blend of compulsory theoretical education and practical training, which runs concurrently for a period of 3 years. Theoretical knowledge is integrated and reinforced with practical training. The practical training of 3 years should be done after the completion of CAP-II/IPCC under ICAN/ICAI.

12. What are the Course Modules of CA Studies?

Under ICAN

CHARTERED ACCOUNTANCY PROFESSIONAL
CAP-I/ FOUNDATION LEVEL
 
The CAP-I Level consists of three papers  of 300 marks. Subjective and objective questions:
 
Paper-I
Fundamentals of Accounting 100

Paper-II
Part A: Mercantile Laws 50
Part B: Fundamentals of Economics 50

Paper-III
Part A : Fundamentals of Management 50
Part B : Commercial Mathematics and Statistics 50

CHARTERED ACCOUNTANCY PROFESSIONAL
CAP-II/ INTERMEDIATE LEVEL

The CAP-II Level consists of seven papers; each paper carries 100 marks and divided into
two groups:

Group-I
- Advanced Accounting
- Audit & Assurance
- Corporate & Other Laws

Group-II
- Financial Management
- Cost & Management Accounting
- Business communication & Marketing
- Income Tax & Vat

CHARTERED ACCOUNTANCY PROFESSIONAL
CAP-III/ FINAL LEVEL

Group-I
- Advanced Financial Reporting
- Advanced Financial Management
- Advanced Audit & Assurance
- Corporate Laws

Group-II
- Management Information & Control System
- Advanced Taxation
- Advanced Cost & Management Accounting
- Strategic Management & Decision Making Analysis

Under ICAI

CPT (Common Proficiency Test)

The CPT Level consists of four papers, divided into two sections and each section carries
100 marks. Objective questions only.

- Fundamentals of Accounting 60
- Mercantile Laws 40
- Mathematics & Statistics 50
- Economics 50

IPCC (Integrated Professional Competence Course)

The IPCC level consists of seven papers; each paper carries 100 marks and divided into
two groups:

Group I
- Accounting
- Law, Ethics & Communication
- Cost Accounting and Financial Management
- Taxation

Group II
- Advanced Accounting
- Auditing & Assurance
- Information Technology & Strategic Management

CA Final

The Final Course consists of eight papers; each paper carries 100 marks and divided into
two groups:

Group I
- Financial Reporting
- Strategic Financial Management
- Advanced Auditing and Professional Ethics
- Corporate and Allied Laws
   Section A: Company Laws
   Section B: Allied Laws

Group II
- Advanced Management Accounting
- Information Systems Control and Audit
- Direct Tax Laws
- Indirect Tax Laws
   Section A: Central Excise
   Section B: Services Tax & VAT
   Section C: Customs

13. What are the dates of registration for Chartered Accountancy Course?
Registration is open throughout the year to eligible students. However as the examinations are held in June and December under ICAN and June & December for CPT and May & November for IPCC & Final level under ICAI. Registration Calender and necessary assistance is available at CCMA office.

14. Is it really hard to study Chartered Accountancy as is generally understood?
As the saying says, "Nothing is possible for those, who do nothing" Chartered Accountancy education requires in depth dedication and regular labour with genuine effort for the successful completion of the course.

15. Where are the examinations held?
Under ICAN, the examination centre will be inside the Kathmandu valley as directed by ICAN. However the examination under ICAI will be as per the provision of Board.

16. Is there any restriction in number of attempts?
Under ICAN, for CAP-I and CAP-II students can attempt up to 3 years and 5 years respectively from the date of initial registration at ICAN. Whereas under ICAI for CPT and IPCC students can attempt up to 3 years and 4 years respectively from the date of initial registration at ICAI. For CA Final level there is no restriction in number of attempts under ICAN and ICAI.

17. Is it possible to study College programs while studying CA?
Yes, it is quite possible as well as a need for CA professionals to gain more market opportunities and exposures. However, Students are advised to join BBS program in any colleges.

18. What is the recognition of CA course?
Chartered Accountancy is an academic as well as professional education course and the CAs produced under ICAN and ICAI are globally recognized.

19. What are the scopes/ job opportunities of Chartered Accountants (CA)?
Chartered Accountants occupy the prominent role of higher-level executives in our economy and society. Members of this profession play a dominant role in:

- Audit firms

- Management and financial consulting organizations

- Various private commercial organizations

- Government departments and regulatory agencies

- Banks and financial services organizations

- Tax consultants

- Academic institutions

- Set up own CA firm


20. How dose CCMA serve students?
CCMA runs intensive coaching classes on all levels (CAP-I, CAP-II & CAP-III)/ CPT and IPCC under ICAN and ICAI respectively. CCMA not only provides the coaching classes but it also does the work of registration of students at their preferred Board along with the high class education environment to students so that they could well build up their career in CA profession.

21. Why CCMA for CA education?
Founded in 2003, CCMA deserves an established status in market with its wide recognition among CAs, management leaders and academicians. As of now the institution has already produced more than 200 Chartered Accountants who are successfully placed into reputed organizations. Well equipped learning centre, experienced faculties, supportive management and conducive environment are the major strengths of CCMA. Thus, the institution has become a proven platform of toppers, accredited by ICAN.

22. What documents are required for registration in CA ?
please brings 2 copies each of the following set of documents at the time of registration.

- Citizenship certificates

- SLC mark sheet & character certificate

- Grade XI Mark Sheet & Grade XII exam admit card ( for provisional reg.

- +2 transcript & character certificate

- Passport size photographs - 6 copies ( White Background )