Chartered Accountant is considered one of the best career paths and has been pursued by the students who find themselves comfortable with numbers. The chartered accountant is an international accounting designation granted to accounting professionals. They can give advice, audit accounts, and provide trustworthy information about financial records.
CA Final Examination is the last and final level of Chartered Accountancy Examinations. Any person who has passed both the groups of IPCC can take up the final examinations during the last 6 months of articleship. This exam consists of two groups consisting of four subjects each.Admission is open throughout the year.It is to gain ability to analyze financial statements and financial reports of various types of entities, to apply financial management theories and techniques for strategic decision making, to gain expert knowledge of current auditing practices and procedures and apply them in auditing engagements, to analyze and apply various provisions of the Company Law & allied law in practical situations.
There are 6 subjects to be studied arranged of 100 marks each i.e. a total of 6 papers if 100 marks each.To pass a student has to obtain a minimum of 40% in each paper and an aggregate of 50% in all the papers of both the groups together if attempting both the groups or all the papers of a single group, failing which the student has to reappear in all the papers of that group/groups again.
SUBJECTS COVERED IN CA FINAL COURSE
| Subjects | Faculty |
|---|---|
| Paper 1 - Financial Reporting | CS SMIT |
| Paper 2 - Advanced Financial Management | SHEIK |
| Paper 3 - Advanced Auditing, Assurance & Professional ethics | DR. RAJASEKAR |
| Paper 4 - Direct Tax Laws & International Taxation | CA RAKESH |
| Paper 5 - Indirect Tax Laws | CA PARAG |
| Paper 6 - Integrated Business Solutions (Multidisciplinary case study with strategic management) | CS SMIT |
NOTE: The candidate is advised in his own interest to satisfy himself/herself that he/she is re-registered immediately for training for the excess leave period if any, as on the date of filling up the examination form and before the commencement of examination (as applicable). In other words a candidate must have either completed the training or must be in service as on the first day of the month in which the examination is to be held and the balance period of training must not be more than twelve months including excess leave, if any.