DETAILS ABOUT CA INTERMEDIATE

ℹ️Full Form

Chartered Accountant - Intermediate Course. This is the second level of the Chartered Accountancy course offered by ICAI.

✅Eligibility

There are two routes to enter the CA Intermediate course:

• Foundation Route: Must have passed the CA Foundation Examination.
• Direct Entry Route:
  • Commerce Graduates/Post-Graduates with a minimum of 55% marks.
  • Non-Commerce Graduates/Post-Graduates with a minimum of 60% marks.
  • Candidates who have cleared the Intermediate level of either the Institute of Cost Accountants of India (ICMAI) or the Institute of Company Secretaries of India (ICSI).

🎂Age Limit

There is **no age limit** for registering for or appearing in the CA Intermediate exam.

📖Detailed Syllabus

The course is divided into two groups with three papers each (total of six papers):

• Group I:
  1. Advanced Accounting
  2. Corporate and Other Laws
  3. Taxation (Direct & Indirect Taxes)
• Group II:
  1. Cost and Management Accounting
  2. Auditing and Ethics
  3. Financial Management & Strategic Management

⚙️Path to Becoming a CA

Passing CA Intermediate is the crucial second step in the CA journey:

1. Pass CA Foundation (or be eligible for Direct Entry).
2. Clear both groups of CA Intermediate.
3. Complete a mandatory 3-year Articleship (Practical Training).
4. Pass both groups of CA Final.
5. Become a Member of ICAI.

💰Salary Potential (NA)

NA. This is a student-level exam. However, after clearing the Intermediate level, candidates begin their 3-year Articleship, during which they receive a **monthly stipend**. The stipend amount is prescribed by ICAI and varies by city, but it is typically modest and meant to cover basic expenses.

🏢Starting Post & Department (NA)

After passing CA Intermediate, the candidate's designation is **"Articled Assistant"** or **"Articled Trainee"** in a Chartered Accountant firm.

📋Job Profile of an Articled Assistant

The Articleship is a period of intense, hands-on training. The profile involves:

• Working in various domains like Auditing & Assurance, Taxation (Direct & Indirect), and Company Law matters.
• Visiting client sites for audits and verification.
• Preparing financial statements and tax returns.
• Assisting senior CAs in their professional work.

🎁Facilities (NA)

NA (This is a professional exam, not a job).

🎯Scope

Clearing the CA Intermediate exam is a major milestone. It signifies that the candidate has acquired a strong working knowledge of accounting, law, and taxation. It is the mandatory bridge to the CA Final level and the gateway to the crucial 3-year Articleship, where theoretical knowledge is converted into practical, professional expertise.

🗓️Exam Dates & Frequency

• Frequency: The CA Intermediate exam is conducted **three times a year**.
• Exam Months: Typically in May/June, September, and January.

📝How to Apply

Candidates must first register for the Intermediate course with ICAI through their Self-Service Portal (SSP). After the required study period, they must fill a separate examination form for each attempt.

📊Exam Structure & Score Pattern

Scoring Pattern: To pass a group, a candidate must obtain a minimum of **40% marks in each paper** AND a minimum of **50% marks in the aggregate** of that group. There is **negative marking of 0.25 marks** for each wrong answer in the objective (MCQ) part of all papers.

⏱️Duration of the Exam

The duration for each of the six papers is 3 hours (180 minutes).

⏳Result Time

The results are typically declared within 1.5 to 2 months after the last examination date.

💸Fees

The fee structure involves a one-time course registration fee (around ₹18,000) and a separate examination fee for each attempt (around ₹1,500 for one group or ₹2,700 for both). These fees are subject to change by ICAI.

🌐Official Website

For all official announcements, registration, and syllabus details, always refer to the official ICAI website: www.icai.org