CA Course Details after 12th

Chartered Accountancy (CA) is a highly esteemed and rewarding profession that offers many career opportunities worldwide. It is a popular career choice among commerce students, and it involves rigorous training, extensive study, and practical experience.

Have you ever wondered how to become a Chartered Accountant after 12th?

If you are someone who has completed their 12th grade abroad and is interested in pursuing a CA course, this blog is for you. This blog will discuss the CA course details, eligibility criteria, and career opportunities for international students who wish to pursue a CA course after 12th grade abroad.

Continue reading to learn everything you need about pursuing a CA course abroad.

CA Course Highlights

What is a Chartered Accountant?

A chartered accountant (CA) is a professional accountant who has obtained the Chartered Accountant designation from an accredited professional accounting field. The CA designation is internationally recognised and granted to accounting professionals in many countries worldwide, except for the United States, where the equivalent designation is a certified public accountant (CPA).

Chartered accountants (CA) are highly trained in various financial management skills, including auditing, accounting, taxation, and financial planning. They play a vital role in ensuring the accuracy and transparency of financial reporting and guide individuals and businesses on matters related to financial management.

CAs can work in various sectors, including public accounting organisations, corporations, government agencies, and non-profit firms.

Read More: What is a Chartered Accountant (CA)?

How to Pursue CA Course after the 12th abroad?

Let's examine how you can pursue a CA course after 12th grade and review the qualifying criteria. If you are in your final year of high school or have completed your exams, it's recommended to start studying as soon as possible.

The criteria and details of the CA course that you need to know after the 12th are given below. Analyse them carefully to determine how you can achieve your desired career.

Here are some ways to pursue the CA course after completing high school:

• STEP 1: Start the CA course through the CPT route after passing Class 10.
• STEP 2: Enrol in the Integrated Professional Competence Course (IPCC).
• STEP 3: Complete a three-year article ship, which is a mandatory internship, in addition to the Final CA exam.
• STEP 4: Register for the CA Final Course.

Chartered Accountant Course Details after 12th: Stepwise Guide

After going over the qualifying criteria briefly, let's look at how you can pursue a Chartered Accountant Course, i.e., CA after 12th. If you are in your last year of high school or have finished your examinations, you should begin studying as soon as possible. Following the 12th, the criteria and all needed CA course details are shown below. Examine each of these to see how you might obtain your ideal profession.

Following are a few ways to pursue a CA course after graduating from high school:

STEP 1: After passing Class 10, begin the CA course via the CPT route.

STEP 2: Sign up for the Integrated Professional Competence Course (IPCC)

STEP 3: An articleship is a three-year internship that you must finish in addition to the Final CA test.

STEP 4: Register for the CA Final Course

Chartered accountant CA Courses

There are 4 levels of CA courses available for international students. Therefore, we have compiled a list of CA Course details and their levels for you below:

• CA Foundation
• CA Intermediate
• CA Final

Chartered accountant CA Foundation Course

Students who have passed their 10th final examinations or boards can enrol at this level. They must first register with the ICAI Board of Studies. They have until 60 days before the exam date to register for their foundation exams. However, they can only apply for CA Foundation after passing their 12th boards.

The foundation test includes objective and subjective questions, with 400 points distributed evenly across four subjects.

The disadvantage is that it also features a negative marking scheme. For the clearing, students must receive at least 50% of the marks.

• Principles and Practices of Accounting (100 Marks)
• Business Laws and Business Correspondence and Reporting (100 Marks)
• Business Mathematics, Logical Reasoning and Statistics (100 Marks)
• Business Economics and Business and Commercial Knowledge (100 Marks)

Chartered accountant CA Intermediate Course 

This stage comprises an additional eight subjects divided into two groups of four each. Students can register for intermediate courses in three different categories.

This Chartered Accountant course level is for students who have completed their 12th grade and wish to study abroad after graduation.

Graduates and non-graduates from the commerce or non-commerce streams are eligible for direct entry.

For students who have passed the Intermediate exams of Cost Accountant colleges.

Group - 1

• Accounting (100 Marks)
• Corporate and other Laws (100 Marks)
  • Corporate Laws (60 Marks)
  • Other Laws (40 Marks)
• Cost and Management Accounting (100 Marks)
• Taxation (100 Marks)
  • Income Tax Law (60 Marks)
  • Indirect Taxes (40 Marks)

Group - 2

• Advanced Accounting (100 Marks)
• Auditing and Assurance (100 Marks)
• Enterprise Information System and Strategic Management (100 Marks)
  • Enterprise Information System (50 Marks)
  • Strategic Management (50 Marks)
• Financial Management and Economics of Finance (100 Marks)
  • Financial Management (60 Marks)
  • Economics of Finance (40 Marks)

Chartered accountant CA Aritcleship

After passing the first two stages, students must complete the three-year CA articleship programme under the supervision of a practising CA. During this time, they must participate in two separate management and communication skill programmes.

Chartered accountant CA Final Course

This is the final stage. Eight subjects are separated into two groups in this as well. In this final stage, we expect students to have complete knowledge of the subjects.

Group - 1

• Financial Reporting (100 Marks)
• Strategic Financial Management (100 Marks)
• Advanced Auditing and Professional Ethics (100 Marks)
• Corporate and Economic Laws (100 Marks)

Group - 2

• Strategic Cost Management and Performance Evaluation (100 Marks)
• Advanced Management Accounting (100 Marks)
  • Risk Management
  • Financial Services and Capital Markets
  • International Taxation
  • Economic Laws
  • Global Financial Reporting Standards
  • Multidisciplinary Case Study
• Direct Tax Laws and International Taxation (100 Marks)
  • Direct Tax Laws (70 Marks)
  • International Taxation (30 Marks)
• Indirect Tax Laws (100 Marks)
  • Goods and Services Tax (75 Marks)
  • Customs and FTP (25 Marks)

Cost of Studying Abroad After 12th Commerce

Skills Required to Become a CA Abroad

Becoming a successful Chartered Accountant (CA) abroad requires combining technical and soft skills. Here are some of the key skills required to become a CA abroad:

1. Strong accounting knowledge.
2. Communication skills.
3. Analytical and critical thinking skills.
4. Attention to detail.
5. Time management skills.
6. Adaptability.
7. Ethics and integrity.

Aspiring CAs must possess a solid foundation in accounting principles, be able to communicate complex financial information, analyse financial data, and manage deadlines effectively. They should also be adaptable and open to learning new skills while maintaining ethical standards and integrity.

Top Countries to Pursue CA Abroad

Some of the countries that provide excellent courses for study abroad in CA after 12th grade are as follows:

• Australia
• Canada
• USA
• UK
• Germany
• New Zealand

Top International Universities to Study CA Courses

Here are some of the top international universities where you can study CA courses:

These universities offer world-class accounting and finance programs that provide students with a solid foundation for the CA qualification. Graduates of these programs are well-prepared to pursue a career in accounting and finance in various industries.

Career Opportunities after CA Courses Abroad

Though location-specific statutory bodies provide these certifications, each institute has signed memorandums of understanding (MOUs) with other organisations, making the certifications applicable in several areas. Your experiences from one country can be transferred to the country where you want to work. The new location may provide you with a wider platform for advancement in accounting and finance. What's remarkable is that regardless of where you work, the income of a CA is substantial and continues to rise as you build a good clientele. A CA's annual pay in the United States is US $90,400. The following are some of the most prevalent job roles:

• Financial Accountant
• Internal Auditor
• Tax Manager
• Consultant
• Share Valuer

A CA's initial pay abroad typically varies between INR 5 lakhs and 8 lakhs per year. It may rise to INR 28 lakhs per year with more knowledge, abilities, and experience.

Check the table below to know the average salary of the Chartered Accountants:

Please remember that other nations have either signed MOUs or have their authorised authorities certify a CA. This field is most significant to the United States, the United Kingdom, Canada, Australia, and other Middle Eastern countries. Thus, if you intend to study CA in your home country but practise in another, you must ensure that your certification is valid in the desired area. Being a CA invariably provides you with good fortune and a platform for growth and interest as new industry trends arise over time, requiring you to stay current and act properly. Thus. Being a CA is the best choice if you enjoy managing finances and accounting.

If you are an accountant student who wishes to study CA abroad, contact AECC. We offer end-end services to select the best universities for your choice at FREE of cost.

FAQs about CA Course Details after 12th