Eligibility

To be eligible for the CA Final Course, candidates must meet the following requirements:

• Intermediate Examination: The candidate must have passed the CA Intermediate Examination.
• Registration: The candidate must obtain a Final Course registration number from the Board of Studies section of the relevant decentralized office of the Institute after passing the Intermediate Examination.
• Practical Training: Candidates must have completed the required 3 years of practical training or be serving the last 12 months of their training on the first day of the month in which the examination is scheduled.

Note

Candidates should ensure they are re-registered for any excess leave period before filling out the examination form. In summary, candidates must either have completed their training or be actively training on the examination date, with the remaining training period (including any excess leave) not exceeding 12 months.

Subjects

The CA Final Course comprises a total of 8 subjects, organized into two groups, with 4 papers in each group. Each paper is worth 100 marks.

Group I

• Financial Reporting
• Strategic Financial Management
• Advanced Auditing and Professional Ethics
• Corporate and Economic Laws

Group II

• Advanced Management Accounting
• Information Systems Control and Audit
• Direct Tax Laws and International Taxation
• Indirect Tax Laws

Examinations

The CA Final exams are held twice a year, typically in May and November. Candidates can appear for both groups simultaneously or take them one at a time. To pass the CA Final examination, candidates must achieve a minimum of 40% in each paper and an overall aggregate of 50% across all papers in both groups, or within a single group if attempting only one. If a candidate fails to meet these criteria, they must reappear for all papers in the respective group(s).

Practical Training

Completion of 3 years of practical training is mandatory, allowing candidates to gain real-world experience in various areas such as auditing, taxation, and financial management.

Importance

The CA Final Course is crucial for developing the expertise required to practice as a Chartered Accountant. Success in this course opens up various career opportunities in fields such as auditing, taxation, consulting, and corporate finance.

Post-Completion

Upon successfully passing the CA Final exams, candidates are eligible to become Chartered Accountants and can apply for membership in the Institute of Chartered Accountants of India (ICAI).