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IPSAR - Institute of Professional Studies & Research

Programme > Chartered Accountancy

C. A.

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CA

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The Chartered Accountancy Course is a professional course in Accounting introduced in our country in 1949, with the enactment of the Chartered Accountants Act, 1949. The Institute of Chartered Accountants of India was set up in that year as a statutory body to regulate the profession of chartered accountants. Under the Act, the Institute is both an examining and a licensing body. The responsibilities of conducting the Chartered Accountancy Course are also vested with the Institute. This course involves a blend of theoretical education and practical training and equips a student with knowledge, ability, skills and other qualities required of a professional accountant. On successful completion of the course, the student becomes entitled to apply for membership of the Institute, which would in turn entitle him to use the professional description of “Chartered Accountant” and start his public practice as a chartered accountant after complying with the rules in this regard. At his option, instead of starting the public practice, he can take up an employment that requires the knowledge and expertise of a professional accountant.

Institute of Professional Studies & Research (Institute Professional Studies & Research, (IPSAR), is accredited by the Institute of Chartered Accountants of India, New Delhi to conduct Chartered Accountancy Course in Bhubaneswar & Cuttack Centers. Both the centers have hostels accommodations.

Institute Professional Studies & Researchis authorized to recommend for issue of eligibility certificate on successful completion of the course.

The duration for each of the course is approximately 4 ½ months.

Entry to Chartered Accountancy Course

The entry to CA profession is through two schemes namely Professional Education Course – I (PE-I) and Professional Education Course-II (PE-II).

PE-I Scheme

For this course, the minimum qualification is a pass in (10+2) examination. There is no minimum pass percentage and students who have passed (10+2) or any examination equivalent thereto are eligible to join PE-I course. In case of students who have appeared in (10+2) examination but their result is awaited, they can be registered on provisional basis.

PE-II Scheme

For this purpose the under mentioned categories of the students would be eligible to join the course directly. Commerce graduates securing 50% aggregate marks with Accountancy, Auditing and Mercantile Law or Commercial Law as full examination Papers.

Non-Commerce graduates with 555 aggregate marks

Or Graduates other than Commerce Graduates with Mathematics as one of the subjects securing a minimum 60% of aggregate marks.

However, if the marks allotted to the subjects of Mathematics in one or more papers are less than 10 percent of total marks, the subject will not be regarded as Mathematics for this purpose and if such a graduate has secured 55% aggregate marks, he will be eligible.

Or Candidates who have passed the final examination of The Institute of Company Secretaries of India or The Institute of Cost & Works Accountants of India.

Or Candidates who have passed the PE-I course.

Provisional Registration in PE-I

The facility of provisional registration for Professional Education (Course-I) is available to those candidates who have appeared in 10+2 or its equivalent examination and are awaiting their results. Provisional registration shall be confirmed only if satisfactory proof is furnished within a period of 6 months in support of having passed that examination based on which they have been provisionally registered.

Provisional Registration PE-II:

The following category of persons can register provisionally for the Professional Education (Course-II)

	Candidates who have appeared in the Professional Education (Examination-I)
	Candidates who have appeared in the Final Examination of ICWAI / ICSI.
	Candidates who have passed the second year of Graduation Examination and are eligible to appear in the final year Graduation Examination within six months. Such students pursuing third year of Graduation will have to give a declaration of their intention to appear in the final year of Graduation Examination within the aforesaid period of 6 months.

If the candidate fails to secure the prescribed minimum marks,
he/she will not be eligible for exemption from Professional Education (Course-I)

The
cut-off dates for registration will be as follows…

	For May Examination	30^th June of the preceding year
	For November Examination	31^st December of the preceding year

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