13 Things You Must Know Before Joining CA

CA Ke admission throughout the year open hoty hain. Ap Kisi Bhi waqt admission krwa sakte Hain. •CA Ke 1st level PRC ke exams every month hoty Hain means ke Saal mein 12 times. ap ICAP board ki website pr ja kr apni registration khud Bhi Kr sakty hain, ya phir jis academy/college mein ap CA Keliye admission krwaiin gy wo khud Bhi ICAP board mein apki registration krwa dein gy. CA ki academy Ka apki degree se koi relation nhi hota, ap jis trah MDCAT ki preparation Kisi academy se krte hain aur PMC apka test conduct krta hy, bilkul ussi trah ap Kisi CA ki academy se preparation krte Hain aur ICAP board apka test conduct kre ga. Jis trah PMC ko koi concern nhi hota ke ap ne kis academy se preparation ki, bilkul ussi trah ICAP board ko Koi concern nhi hota ke ap ne kis academy se preparation ki hy.. apko bs paper pass krne hoty Hain, means ke 50% se zyada marks Lene hoty Hain..
CA mein total 21 papers hoty hain aur 4 levels.

CA ki levels yeh hain:
1. PRC (5papers)
2. CAF (8papers)

Articleship/internship

3. CFAP (6papers)
4. MSA (2papers)
Total= 21papers

Pehle 2 levels yeni (5+8=13papers) ke bad apko Kisi firm ya industry ya bank mein training krni Hoti hy us Training ko articleship/internship kehty hain, is articleship/internship ke doraan apko Kuch stipend(scholarship) Bhi Milta Hy approx. Rs.17k per month...
iss articleship/internship ke doraan apko Level 3 & 4 CFAP & MSA ke papers Bhi dene hoty Hain. Agr is articleship/internship ke doraan level 3 & 4 ke papers pass na ho paiin , to ap iss articleship/internship ke duration ke baad Bhi baqiya papers dy sakty hain..

• 1st Level PRC ke papers every month means saal mein 12 times hoty hain...
• 2nd level CAF ke papers Saal mein 2 times hoty Hain means ke March & September mein...
• 3rd level CFAP & 4th level MSA ke papers Saal mein 2 times hoty hain means ke June & December mein

• This is a myth that CA is all about math. There is only 1 paper in whole CA that is completely math. Rest of 20 papers are different from math.
The name & details of all papers of CA is:

PRC (5papers)

1. Business Writing & Comprehension Skills
2. Quantitative Methods
3. Principle of Economics
4. Introduction to Accounting
5. Introduction to Business

CAF (8papers)

1. Financial Accounting & Reporting-1 (FAR-1)
2. Tax Practices
3. Cost & Management Accounting (CMA)
4. Business Law
5. Financial Accounting & Reporting-2 (FAR-2)
6. Managerial Financial Analysis (MFA)
7. Company Law
8. Audit & Assurance

CFAP (6papers)

1. Advanced Accounting &Financial Reporting
2. Advanced Corporate Laws & Practices
3. Strategy & Performance Measurement
4. Business Finance Decisions
5. Tax Planning & Practices
6. Audit Assurance & Related Services

MSA (2papers)

1. Financial Reporting & Assurance Professional Competence
2. Management Professional Competence

Total=21papers
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• CA qualify krne ke baad ap Tax Consultant , Auditor , Financial manager, Financial analyst , Senior accountant ki job kr sakty hain, iske ilawa ap banks mein Bhi manager level ki job Keliye eligible ban jaty Hain.. aur buhut hi axay salary packages mein ap job kr sakty hain as a CA..

• CA is not offered in any public or private university, rather it's offered in Colleges/Academies just like for MDCAT,
KIPS & STARS are famous academies.
Some famous institutes for CA are:
•PAC (all campuses)
•IQ School of Finance, KHI
•SKANS (all campuses)
•CRESCENT, LHR
If you are asking for my suggestion, I would recommend PAC or IQ School of Finance as I myself also studied there.
There is a possibility not surety that you may get some concession there as well by using my reference.

• As far as it's difficulty level is concerned, yes it is difficult exam but passing percentage is good about 25% in last attempt. And each and every student from pre-medical background and pre-engineering background are on the same level in CA. It's completely different from your previous qualification. You all have to start from zero in CA. Even students having 70% marks can pass papers of CA and students with 90% intermediate marks can fail in a paper. It only depends on how much effort you put in passing your papers . that's all
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"Thinking about becoming a Chartered Accountant (CA)? Before you make that big decision, it's important to gather the right information. Don't Enroll in CA Without Watching This" is a video that reveals 13 important things you should know before committing to CA. 13 Reasons to Rethink Joining CA
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