Eligibility

The current applicable routes to become a chartered accountant are:

Full Time Studies Scheme

• Candidates who have HSSC with minimum 60% marks, ‘A’ Levels with 3 minimum passes with D grade or equivalent qualification and graduates with minimum 45% marks.
• Candidates who have HSSC less than 60% marks, ‘A’ Levels with 3 minimum passes with E grade need to appear for Qualifying Assessment Test - QAT
• Students meet the above criteria can enter the first level (PRC) after registration
• Before entering into the professional exam candidates pass or obtain exemption from entrance test; Pre-Requisite competencies (PRC). A candidate may be provisionally registered for PRC exams as fulltime student if result is awaited
• On successful completion of CAF, it is mandatory for the students to join an authorized training organization of the Institute for a prescribed period.

Trainee Scheme

• The scheme is designed for university graduates who want to pursue CA qualification.
• Candidates who possess graduation or post-graduation degree with minimum 60% marks may directly register as a trainee after passing or obtaining exemption from PRC
• These candidates also have an option to commence training before passing PRC, but their training will be terminated if they do not pass PRC within one and a half year of training or within the maximum available attempts whichever comes earlier.
• During the training the candidate qualifies for the following stages:
• Certificate in Accounting and Finance (CAF)
• Certified Finance and Accounting Professional (CFAP)
• Multi Subject Assessments (MSA)
  • Financial Reporting Professional Competence; and
  • Audit professional competence.