ICAI Archives - Parag Gupta Classes

Evaluation of ICAI qualification by UK NARIC

Studybytech / November 4, 2019

The Institute of Chartered Accountants of India (ICAI) has always strived for academic and professional excellence for its key stakeholders, i.e., students and members. With the aim of expanding the opportunities for Professionals in foreign jurisdictions, the Institute had engaged UK NARIC (The National Recognition Information Centre for the United Kingdom) a renowned UK national agency responsible for providing information and expert opinion on qualifications and skills worldwide, to conduct an independent benchmarking study, evaluating the comparability of the ICAI Intermediate and Final level in the context of the UK education systems. Pursuant to the same, UK NARIC has announced that ICAI qualification is comparable to RFQ Level 7, Master’s degree standard. The agency has also benchmarked ICAI Intermediate course and final course separately as being comparable to an RQF Level 6, Bachelor degree standard and RQF Level 7, Master’s degree standard respectively. Speaking on the UK NARIC benchmarking, President ICAI, CA. Prafulla P. Chhajed remarked that the benchmarking of the CA qualification comparable to RQF Level 7, Master’s degree standard not only would strengthen the position of ICAI members but would also, help aspiring Chartered Accountants and even corporates gain a better understanding of the standing and relevance of the CA qualification.” He added, “ICAI members abroad are facing difficulty in settling abroad. This evaluation would help them in deciding the stage of a professional qualification for ICAI members because they now know that they not only possess a professional qualification of relevance, but it is also a qualification that is comparable to RQF Level 7, Master’s degree standard.” ICAI’s Vice President, CA. Atul Kumar Gupta, remarked,“As India is increasingly focusing on facilitating the export of accountancy services, the promotion of global mobility of accountancy services in the digital world are one of the important Champion Sector initiatives of the Government of India; this evaluation would increase the professional avenues for our members by facilitating recognition of Indian accountancy qualification”. ICAI Kuwait Chapter Chairman CA Sai Devata applauded the efforts of ICAI President and Vice President for this remarkable recognition which will enhance the footprint of ICAI globally. ICAI Kuwait chapter is working closely to sign MOU with Kuwait Accounting and Auditing Association (KAAA) which will mutually benefit both the associations and exchange the training, subject related in the areas of accounting and finance domain.

Blogs, ICAI

CA Training

Studybytech / October 3, 2019

CA Training Training in CA course – practical, practical, ICITSS and articles training Most of the students feel that there is only one CA training course in the form of Articleship. However, apart from articles in the CA course, from time to time different training programs are in the form of ICITSS, AICITSS, and industrial training. In this article today, we will give you complete information about all these training programs, which will prove very useful for the students taking the CA course. CA Training Course ICITSS Training AICITSS Training Artcileship Training Industrial Training (optional) ICITSS Training in CA Course This first training program in CA course is named ICITSS (Integrated Course on Information Technology and Soft Skills). Under this course, information technology training and Orientation Traning each have 15 days training. CA Training time Students can start ICITSS training program after registering for CA Intermediate course and before applying for the articles. The motive behind providing ICITSS training to CA students is to mold future accountant chartered accountants into a true professional by nurturing their skills in various fields as well as their honesty and transparency in various fields. Is ICITSS Training fees The fee for the Information Technology Traning has been set at 6500. And the fee for Orientation training has been fixed at Rs 7000. In this fee-only, students will have the facility of course-related material and tea breakfast during training. Articleship Traning in CA course Students who are doing Chartered Accountancy course should also be ready for 3 years of Articleship Training. The real purpose of 3 years of articleship in the CA Training course is to prepare CA students as experienced, well-informed and professional. When will it start Students coming from the general route can apply for registration in articleship after passing both groups or one group of CA Intermediate. But before starting the articleship, they must also complete the training program of ICITSS. However, students who came from direct recruitment after doing Graduation or Post Graduation can apply for articleship with registration in CA Intermediate and after completing ICITSS training program. Students who are entering the CA course from the direct recruitment route after passing the Intermediate of ICSI and ICWA course to take admission in CA Training course must also pass a group of CA Intermediate or both to apply for the articleship. And also have to complete ICITSS training. AICITSS Training in CA Course The CA Training course incorporates advanced information technology, management and communication skills in a 15-day program under AICITSS (Advanced Information Technology Soft Skill Integrated Course). The basic objective behind the training in AICITSS in CA course is to sharpen the hands-on and presentation skills of the students, develop their mutual and leadership skills, by making them understand the business environment and prepare the students for CA or other jobs. When will this training begin The training of AICITSS is done during the last 2 years of practical training. But it is necessary to complete it before the final exam. Students can start this training only when they are qualified to take the final exam. AICITSS fees The fee for advance information technology training has been fixed at Rs 7500 and for management and skill skills at Rs 7000 per student. In this fee, students will have the facility of tea breakfast during the course material and training. Industrial CA Training Course Industrial training is completely optional for students in the CA course. And it is entirely up to you whether you want to do it or not. CA has started this training so that industries can get good chartered accountants. Those from an industrial background and understand about it well. Therefore, this training program has been started for students who want to pursue a career in the industrial sector after becoming CA. When does CA training start CA students can apply for Industrial Traning after passing the CA Intermediate Course and completing the final year Practical Traning. According to the guidelines of ICAI, you will have to give this information to the principal for 3 months before starting this training. Students can do this 9 months and a maximum of 12 months of industrial training with final year Practical Traning. Students desirous of industrial training can get themselves registered as members of the institute. An associate who has been a member for a continuous period of at least 3 years can train an industrial trainee. In addition, they can simultaneously train one or two trainees who have been appointed as Article Assistant and Audit Assistant.

Blogs, ICAI

CAs play vital role in nation-building

Studybytech / September 23, 2019

Blogs, ICAI

ICAI to open new office in Srinagar

Studybytech / September 17, 2019

Blogs, ICAI

CA Course Fees

Studybytech / September 12, 2019

How much is the CA Course Fees? Chartered Accountant is India’s most prestigious job today. Being a chartered accountant opens the golden doors of your career, and you continue on the path of success. After passing 12th from any subject, students can register for CA Foundation. By becoming a CA, not only do you get a promising position, but you also get a chance to work with big companies at a good salary. CA course fees are not very expensive, and its fees have been kept very normal so that even the poorest of the poor can fulfill their dreams of becoming a CA. In this article today, we will tell you about what fees are charged in the course of Chartered Accountant, so let’s know. The CA course fees are divided into 3 phases. CA Foundation CA Intermediate CA Final CA Foundation – CA Course Fees The CA Foundation Course is the first stage of becoming a CA. This is the entry-level course for admission to the CA course fees. Students can apply in CA Foundation Course after passing 12th from any recognized board. For admission to CA, students can apply for CA Foundation through any medium of Hindi or English. Number Fee Information Fee (Indian Student) Usd Fee (Foreign Student) S.NO Course Fees Information Fees for India Fees for USD 1. Foundation Prospectscost 200 20$ 2. CA Foundation Registration Fees 9000 700$ 3. CA Foundation Form Fees 200 20$ 4. Subscription Fees for Member’s Journal 200 20$ Total 9600 760$ CA Intermediate- CA Course Fees The next stage in the CA course is the CA Intermediate. After passing the CA entrance exam, students can apply for the second stage of the CA, i.e., Intermediate. There are 8 papers in this exam. and its examination takes place in May and November every year. Sr. No. Fee Information Fees of ca course 2 Group (Indian Student) Fees of ca course 1 Group (Heavy Student) USD Fees of ca course 2 Group (Foreign Student) Fees of ca course 1 Group 1 CA Intermediate Registration Fees 15000 11000 2 Student’s Activity Fees for CA Intermediate 2000 2000 3 CA Intermediate Registration Fee as an article assistant 1000 Total 18000 13000 1000 600 There are two routes to apply for CA Intermediate. One is the common way in which students can bypass the CA Foundation exam. Students coming through the common route can apply to one group or both groups. Apart from this, students who have passed graduation or its equivalent from a recognized university can apply for CA Intermediate under direct entry without passing the CA Foundation Examination. Such students can apply to one group or both groups by depositing the fees for the prospectus at the time of registration for intermediate. To Know more about CA Foundation registration Click Here CA Final Course Fees The CA Final Course is the final stage of the CA Course. After passing this stage exam, you become a CA and can start your work as a CA. To apply for the CA Final Course, it is necessary to pass the CA Foundation and the CA Intermediate exams. Sr. No. Fee Information Indian Student (INR) Foreign Student ($) 1 CA Final Registration Fee 22000 Rs. 1100 $ Articleship Training Fees To apply for the CA final, along with passing the CA Foundation and CA Intermediate, it is also necessary to do 3 years of articleship training. Students can apply for the training of articles after passing 2 groups of intermediate or 1 group. The ICAI has fixed 2,000 fees for three years of articles. ICITSS Fees in India After registration in CA Intermediate and before the artistry training, one has to go through the ICITSS program, in which many types of technical and other information are given. Information Technology Program – Rs 6500 Orientation Program – Rs 7000 ACCESS Fees in India Click here to check to ca final books Students have to complete advanced information training programs and management and communication practice programs in the last 2 years of their internship training. The details of what the fees are for both of these courses are given below. Advanced Information Technology Program – Rs. 7500 Management and communication skills – Rs 7000 We hope that you have got complete information about the fees incurred in all the three phases of the CA course and other training. Also, we hope that this information will work for your CA course. ICAI has kept CA course fees normal so that even a student from a normal family can do CA.

CA, ICAI

CA salary in India

Studybytech / August 13, 2019

CA Salary in India How much is a CA’s salary? This will depend on his qualifications, his ability to work, and his experience. CA salary in India lives between 6 lahks to 30 lahks. If talking about the international level, then this figure goes above about 75 lakhs. In the final year of campus placement organized by ICAI, a monthly salary of Rs. 7 lacks was offered to each CA. However, many students started their independent practice after working for 2 to 3 years in a company. And if any of them is capable, then there is no limit to the good growth they can achieve. In this article, we will tell you the maximum and minimum CA salary in India. TOP 4 Best CA Companies in India Out of these, the best CA companies in India, or we can say, the top 4 CA companies, have the highest reputation and are where every CA student dreams of working. The best CA companies in India are E&Y, PWC, Deloitte, and KPMG. Most students dream of getting a 3-year articleship from top CA companies in India and then becoming a CA to get a job in these companies. Every year after the CA result, a large number of companies hire fresh CAs. If you are looking for a place where you will get to learn and where your knowledge and experience will increase, then this is the best place for you. In these companies, CA salary in India ranges between 7 to 6 lakhs on average. And after a few years of experience, this firm offers you up to Rs. 25 lahks, but it all depends on your ability and your performance in the company. CA Firms Candidates wishing to start their work also get good experience working as a fresher CA in these firms. Here, they get to know very well how to deal with customers and income tax officers. You may be thinking that you have gained such experience even in your writing training, but the scope of an article is always limited. The experience you can gain after becoming a chartered accountant may not be possible with your writing training. In such firms, CA’s are between 3 to 8 lakhs. IT Industry Large IT sector companies are a good option for new CAs because they offer a good package salary with less workload. But as a chartered accountant, you do not make much progress in your knowledge and experience. Public Sector Undertakings Many public sector undertakings, such as BSNL, ONGC, BHEL, and HEL, also recruit CAs via campus placements. These companies mostly take candidates whose numbers are between 55 and 60%. The salary of a CA in these companies varies between 7 to 15 lakhs. The salary grows a little slower here, but this is also a good option for you. Countries Which Give Highest Salary to Chartered Accountants There are Some countries provide salaries to chartered accountants. These countries give this much salary to chartered accountants based on their experience, knowledge, and working ability. Chartered accountancy is one of the most respected professions and is also one of the toughest exams in India. So, after all this handwork, a CA deserves a good salary. Below, we have shared some countries which Give the Highest salary to Chartered Accountants. Countries with the Highest salary for Chartered Accountants:- Above, we have given a list of some of the best countries that paid the highest salary to chartered accountants based on their workability and experience. Other Course By Parag Gupta Sir Parag Gupta Sir is one of the pioneers in the teaching industry for CA Final Costing, and the CMA Course is considered the best teacher in the world of coaching for CA Final Costing New Course as well as CA Final Old Course Costing. He is always considered the student’s first recommendation.

CA, ICAI

CA Course

Studybytech / July 23, 2019

CA Course In India “CA Course” (Chartered Accountant) is one of the Challenging & Respectful Fields in Accounting. Chartered accountancy was established in 1854 in Britain. In India, CA Course is coordinated by The ICAI (Indian Chartered Accountants Institute). Course Details CA Course Eligibility Source: Wikipedia CPT (Common Proficiency Test) CPT is the first level of CA Course. Syllabus Subjects are- After Clearing the CPT Exam, Student Have to enroll for the ATC. Candidates who had formerly registered for Intermediate/ Intermediate (Professional Competence) program/ Professional Education (Course-II) can enroll for ATC. IPCC (Integrated Professional Competence Course) If you apply for IPCC program, so the candidate must have to score at least 100 out of 200 marks in CPT Registration for IPCC must be done nine months prior to the first day of the month in which the exams will be conducted. The Total No of Subjects are 7. You need to get at least 40% marks in each subject. While pursuing IPCC, Candidate shall complete 35 hours of the orientation program and 100 hours of ITT program (Information Technology Training -ITT MS Office programs, ICAI CA software, Project, Etc.) IPCC syllabus includes the following subject- Group 1- Group 2- Click here to know more about IPCC Result FC (Final Course) In the CA Final Course, Practical Knowledge is very important to clear the exams. Due to which, the CA final course includes 3 years of compulsory Practical Training in the firm. CA Final Course Subjects are- Group 1- Group 2- CA Course Exams: Exams are conducted group-wise, so ICAI is providing the chance to students to give exams group wise/ both groups together so that students shall get ample time to study an revise the syllabus. Every year, ICAI conducts exams twice, in the month of May and November. For any query related to Batches for subject CA Final Costing classes provided by Parag Gupta Sir, feel free to contact us on the following address/phone no./email id. Kindly call us or visit us at the office timings i.e 9:00 a.m to 7:00 p.m (except Sunday and public holiday), we will be happy to help you. Contact Us Click Here To Register for your FREE Demo Classes

CA, ICAI

CA Final Syllabus

Studybytech / July 16, 2019

Do you want to know about CA syllabus, or searching for its topics, then you are in the right place, we will give you some information about the final syllabus. The CA Final Subjects is divided into eight subjects, which are divided into two groups. Learn: Each paper of the CA Final has a hundred points in each paper, and in all subjects, you want to get a minimum of four hundred marks and all the CA want to get five hundred points in the combination of CA Final Subjects. Download – CA Syllabus CA Final Subjects Paper No. Subjects Paper 1 Financial Reporting Paper 2 Strategic Financial Management Paper 3 Advanced Auditing and Professional Ethics Paper 4 Corporate and Economic Laws Paper 5 Strategic Cost Management and Performance Evaluation Paper 6A Risk Management Paper 6B Financial Services and Capital Markets Paper 6C International Taxation Paper 6D Economic Laws Paper 6E Global Financial Reporting Standards Paper 6F Multidisciplinary Case Study Paper 7 Direct Tax Laws and International Taxation Paper 8 Indirect Tax Laws Also Learn:-

CA, ICAI

CA IPCC Result

Studybytech / July 16, 2019

CA IPCC Result The Institute of Chartered Accountants of India (ICAI) can declare the much-awaited CA IPCC result for might 2019 communication within the third week of Gregorian calendar month 2019 (tentatively) together with CPT and CA Foundation Result, ICAI organized the examination for CA IPCC within the month of May. currently, you’ll directly check the CA IPCC 2019 Result from this page. Those students who have received 40% marks in each subject and 50% marks in the total marks of all subjects, will finish the IPCC examination, but the students who are not happy with their exams will either be required for verification. Certificates or certified copies. For further information about the possible reasons for the IPCC, how to obtain the results through percentage, CMS/email, May 2019 toppers, details of marks, merit list, verification of marks and possible reasons for the IPCC. May 2019 results. CA IPCC Result May 2019 – Dates ICAI CA IPCC Exam Start date May ICAI CA IPCC Exam End date June ICAI CA IPCC Expected Result date August CA IPCC Pass Result May 2019 Percentage/ Result Analysis Groups No. of Students Appeared No. of Students Passed Pass percentage First Group Second Group Both Groups First Group Second Group CA IPCC Pass Result Nov 2018 Percentage Groups No. of Students Appeared No. of Students Passed Pass percentage First Group 40157 5051 12.58% Second Group 68888 21708 31.51% Both Groups 5011 19.75% First Group 25375 42 0.17% Second Group 524 2.17% [wpforms id=”5747″] Check Your CA IPCC Result May 2019 IPCC Result – Check Here IPCC Exam – Click Here Click the link & directly land on the ICAI Official site from where you can download your CA IPCC Result. Here enter your “Roll No.” and “Registration No.” or “PIN” which you have submitted while submitting your Exam Application form. Enter the image captcha. Click on the submit button. The system will generate your result page and here you can take the print out for future. Check your IPCC Result through SMS ICAI has facilitated CA students to check their result on their Phone through SMS or Email to avoid the last-minute inconvenience on the result page. To get your result through SMS, you have to send an SMS on 58888 in the following manner – Check your IPCC Result through E-mail visit the website – icaiexam and register yourself for Email service. ICAI avail the email registration link on their website around 5 days prior to result date. ICAI IPCC May 2019 Center-wise Result ICAI will release CA IPCC center-wise result. The link is given below will be active once the organization will officially release the center-wise or region-wise result out. Toppers of IPCC Exam May 2019 Rank AIR-1 AIR-2 AIR-3 Name State Marks Percentage Toppers of CA IPCC Exam Nov 2018 Rank AIR-1 AIR-2 AIR-3 Name ARJUN MINOCHA DIVYA GUPTA PRAMANSHU SHARMA State DELHI / NEW DELHI CHANDIGARH DELHI / NEW DELH Marks 519/700 500/700 490/700 Percentage 74.14% 71.42% 70% Marks of Students students Marks sent through the post soon after the declaration of ICAI CA IPCC result, In case the post do not receive the same within 4-5 weeks from the date of declaration of IPCC May 2019 results, you may write to dms_examhelpline@icai.in. Pass Certificate After CA IPCC Result May 2019 A student who passes group 1, as well as group 2 exams of IPCC May 2019, will be qualified for CA Final. After clearing IPCC, Institute of Chartered Accountants of India will issue the pass certificate to all the passed students that will reach you on your registered address within 2 months of result announcement. CA IPCC May 2019 Rank Certificate The process to Check IPCC Result Rank Certificate 2019 First, visit the ICAI result page (link mentioned above) Now you can see “Intermediate (IPC) (Old) Examination” under “CHECK MERIT LIST”, click on it. Enter your roll number/ registration number and captcha code here Now this click on “Check Result” After this IPCC merit list for May 2019 exams will appear on your screen Inspection of Certified Copies The students United Nations agency aren’t glad about their result will apply for the scrutiny of evaluated answer sheets on-line solely, the physical application isn’t acceptable. Those who have applied for the scrutiny needn’t apply for the verification as before dispatching your certified answer sheets, verification is meted out by examinees moto. Follow the below mention steps to use for the scrutiny on-line – Land on the ICAI official website World Wide Web.icaiexam.icai.org. There you have got to log in to your account through your user id and countersign. There you’ll need to fill the requisite data together with the choice of certified copies for scrutiny. you wish to transfer a scanned copy of your written request punctually signed by the candidate and just in case you’re a Hindi Medium student then the applying should be in Hindi solely. If any discrepancy arises between the papers mentioned within the scanned image and people mentioned in the kind, a latter can prevail. you’ll be able to build the corrections within the application before creating the payment. The payment is created through web Banking, MasterCard, open-end credit (Master/ Visa/ Maestro/ Rupay). when the in payment, a confirmation page can seem on your screen showing your details you have got mentioned within the kind. however, bear in mind that your application can get with success submitted solely management variety is properly showing that isn’t zero or null. you’re suggested to stay a print out of this confirmation page which can work as acknowledgment. Procedure for Verification of Marks in IPCC Result May 2019 ICAI open their verification portal where students can apply for verification of marks. students have one month to use for verification of their answer sheet.in case there’s a modification in your result when verification the fee is going to be refunded …. Applications when the ultimate date is going to be rejected. the verification method for IPCC could 2019 is totally on-line.

CA, ICAI

CPT Result Date 2019

Studybytech / July 16, 2019

CPT Result Date 2019 CPT Result Date 2019 – 18 July ( announced by ICAI) also, click here to get more information about CBT result 2019 Click here to know more icai news announcement