Chartered Accountancy Education and Future Prospects

Chartered Accountancy is a professional education course. Chartered Accountancy profession occupies a prominent role of higher level executives in our society, economy, trade and business, banking, education, taxation, finance, etc. Chartered Accountancy in other words means a door to a secured and sophisticated carrier. Student who have cleared or appeared in final year of 10+2 or intermediate level in any stream can study Chartered Accountancy starting from CA Foundation/PE 1. However, students who have passed passed bachelor with prescribed percentage may directly join intermediate/ PE II level. The students waiting for results can also join Chartered Accountancy. They have to get registered provisionally and submit the proof of passing to the Institute of Chartered Accountants of Nepal (ICAN) or Institute of Chartered Accountants of India within 6 months of their registration and failing to provide this record will cause the cancellation of their registration. Provisional registration for CA foundation and PE I is available from both Board. However provisional registration for PE II level is available only under ICAI. CA education can now be completed in Nepal itself. Full facilities including classes and training are available in Katmandu. However if desired, students may go to other countries for the same. After getting registered, with the concerned board (ICAN or ICAI), students may take private coaching classes and prepare for the exam.CA education is not imparted by any university in the world. For CA education, every country has its autonomous body established under the Act of parliament, like the ICAN for Nepal. Students have to get registered with the board and may take private coaching classes. Students can register in any board as their self interest. And there is not any provision of interchange between ICAN and ICAI. Eligibility Criteria: 1. Under ICAN CA Foundation: Intermediate levels pass or result waiting or non-exempted Graduates. CA intermediate: CA foundation pass, exempted graduates (commerce graduate having more than 50% marks, non-commerce with math 60% marks, non commerce without math 55% C CA Final: CA intermediate pass 2. Under ICAI Professional Education-I (PE I): Intermediate levels pass or result waiting or non-exempted Graduates. Professional Education-I (PE II) : PE I pass, exempted graduates (commerce graduate having more than 50% marks, non-commerce with math 60% marks, non commerce without math 55% C CA Final: PE II pass Registrations are open thought the year and examination are held in June and December under ICAN and May and November under ICAI. Therefore, you are advised to register within the prescribed time. Examinations are held inside the Katmandu valley. Depth dedication and genuine effort is needed for the completion of CA course. You can do your CA with other program like BBS and BBA, etc. Future Prospects: you can work as Accountant, Manager, Financial Analysist, Auditor, Academician, Economist, Tax advisor, Planner. Etc. there are more demanding of CAs in the Nepali market in business and other sector. CA course is recognized by TU as Master's degree and you can pursue your higher degrees leading to PhD.