There are tons of Institutes in India that offer CA Education in India for the preparation of the CA foundation, Intermediate as well as Final etc. But, it is all the way tough to find the Best CA Coaching Institute in India. Almost every coaching claims to be the best in every manner for the preparation. But, one should believe in the claims of the coaching institute.
You must first do the proper cross-check, ask for reviews of exiting students and at last, check their past results etc before you opt to join the CA Coaching Institute in India. One also has the option to Join the Online CA Foundation Coaching. Always join the best CA Institute that could train you, educate you in a better manner and make you able to clear the Exam.
Top 5 Best CA Coaching Institute in India:
Here is the list of the top 5 CA Institutes Coaching in India for the preparation for the three levels of the exam. The name of the institutes has been shared here are based on their overall performance and rank holders given in the field of CA.
- VSI (Vidhya Sagar Institute)
- Kisalay Commerce Classes
- Nahata Professional Academy
- MK Gupta CA Education
- Takshila Learning Institute etc.
These are some institutes that have given better results in the field of CA (Chartered Accountants). The cost of Offline Classes for CA education is too much. A candidate must opt for Online Classes as it is much cheaper when it comes to the fee structure. The Online Classes also allow you to study at your own schedule but prepare according to the coaching institute.
Syllabus for a Chartered Accountancy (CA) course
I. Fundamentals of Accounting
- Basic Accounting Concepts and Conventions
- Recording of Transactions
- Bank Reconciliation
- Depreciation Accounting
- Provisions and Reserves
II. Financial Accounting
- Preparation of Final Accounts for Sole Proprietors
- Partnership Firms
- Companies
III. Cost Accounting
- Cost Concepts and Classifications
- Cost Sheet
- Marginal Costing
- Budgetary Control
- Standard Costing
- Variance Analysis
IV. Taxation
- Goods and Services Tax (GST)
- Income Tax
- Direct Taxes Code (DTC)
V. Auditing
- Auditing Concepts and Standards
- Internal Audit
- Statutory Audit
- Internal Control and Cash Management
VI. Information Technology and Strategic Management
- Information Technology
- Strategic Management
How to find the Best Coaching for CA preparation:
There are no magical tips to find out the best CA Foundation Coaching. You must do a proper cross-check and look for the education which is more comfortable and you understand things in a better manner.
The Coaching Institutes can never be the best. The teachers are there who train and educate you. You need to find the best mentor who guides you throughout the process and at last, could make you able to clear the examination.
The preparation for the exam can be done by self-study only. But, sometimes you need to have someone who can guide you better and make you aware of the tips of tricks that are needed to be used to clear the exam.
Never follow the crowd and join the coaching. Always have your own research and then opt for admission to any coaching either Offline or Online Coaching for CA Foundation.
In the better preparation of the exam, the study material is something that plays an important role in the preparation for the exam. Join the Best CA Coaching that could arrange for you the best study materials that cover the complete syllabus of the exam and give you the best preparation at the end.
Read- How To Find The Right Courses After 12th For Your Bright Career?
Eligibility criteria for becoming a Chartered Accountant (CA) in India
- Age limit: There is no upper age limit for appearing for the CA Foundation, Intermediate, and Final exams.
- Educational qualification:
- For the Foundation Course: Candidates who have cleared Class 10th examination are eligible to appear for the Foundation Course.
- For the Intermediate Course: Candidates who have cleared Class 12th examination or equivalent are eligible to appear for the Intermediate Course.
- For the Final Course: Candidates who have completed their graduation or equivalent degree are eligible to appear for the Final Course.
- Percentage requirements: There is no minimum percentage requirement in Class 10th, 12th, or graduation for appearing for the CA Foundation, Intermediate, and Final exams.
- Attempts: There is no limit on the number of attempts for appearing for the CA Foundation, Intermediate, and Final exams.
- Articled training: To become a CA, candidates are required to undergo practical training, also known as Articled Training, for a period of 3 years with a practicing CA.
Chartered Accountancy (CA) exams in India
- Levels of examination: The CA program consists of three levels: Foundation, Intermediate, and Final.
- Exam frequency: The Foundation, Intermediate, and Final exams are held twice a year, in May and November.
- Exam pattern:
- Foundation Course: The Foundation Course exam consists of four papers: Principles and Practices of Accounting, Business Mathematics and Logical Reasoning and Statistics, Business Economics and Business and Commercial Knowledge.
- Intermediate Course: The Intermediate Course consists of two groups, each group consisting of four papers.
- Final Course: The Final Course consists of two groups, each group consisting of three papers.
- Duration: The duration of each paper in the Foundation, Intermediate, and Final exams is 3 hours.
- Marking scheme: The CA exams are objective type multiple choice questions (MCQs) and subjective type questions. Each paper is divided into sections, and each section is assigned a certain number of marks.
- Passing criteria: A minimum of 40% marks is required in each paper and a minimum of 50% marks in aggregate in the Foundation Course. For the Intermediate and Final Course, a minimum of 40% marks is required in each paper and a minimum of 50% marks in aggregate in each group.
- Result: The result for the CA Foundation, Intermediate, and Final exams is usually declared 4-6 weeks after the examination.
How to prepare for the Chartered Accountancy (CA) exam in India
- Know the syllabus and exam pattern: Familiarize yourself with the syllabus and exam pattern for each level of the CA exam (Foundation, Intermediate, and Final).
- Make a study plan: Create a study schedule that allows you to cover the entire syllabus in a systematic manner, taking into account your strengths and weaknesses.
- Study materials: Use ICAI study materials and reference books to prepare for the CA exam. Additionally, you can also use online resources, mock tests, and sample papers to supplement your preparation.
- Practice: Regular practice is essential to perform well in the CA exam. Solve practice problems, attempt mock tests, and work on past years’ papers to build your problem-solving skills.
- Stay organized: Keep a track of your progress and take notes on important concepts and formulas.
- Time management: During the exam, manage your time effectively to ensure that you attempt all the questions within the allotted time.
- Take care of your health: Maintain a healthy diet, exercise regularly, and get enough sleep to keep your mind and body in top condition for the exams.
- Stay motivated: Stay positive, keep your motivation levels high, and don’t give up if you face any setbacks.
How To Fill CA Form 2023
- Go to the official website of the Institute of Chartered Accountants of India (ICAI) to download the CA form.
- Fill in your personal details, such as name, date of birth, and contact information.
- Choose the examination level you want to apply for (Foundation, Intermediate, or Final).
- Provide your educational qualification details, including your class 10th and 12th board examination details, graduation details (if applicable), and any other relevant qualifications.
- Choose the examination center of your choice and the medium of the examination.
- Upload a recent passport-sized photograph and your signature in the specified format.
- Make the payment for the application fee using the online payment gateway provided on the website.
- Review the information entered in the form before submitting it.
- Take a printout of the confirmation page and keep it for future reference.
Note: The specific details and the process for filling the CA Form 2023 may change from year to year. It’s always best to check with the ICAI for the most up-to-date information and process.