SECTION I: Academic
1. Which is the university imparting CA education?
No university in the world imparts CA education. For CA education, every country has its autonomous body established under the Act of Parliament, like The Institute of Chartered Accountants of Nepal for Nepal. Students have to get registered with the Board and may take private coaching classes. CAI Pvt. Ltd. supports students in every procedure including registration.
2. What is ICAN?
ICAN stands for The Institute of Chartered Accountants of Nepal, an autonomous body established under Chartered Accountants Act, 1997, enacted by the parliament of Nepal to regulate CA profession in Nepal.
3. What is ICAI?
ICAI stands for The Institute of Chartered Accountants of India, an autonomous body established under Chartered Accountants Act, 1949, enacted by the parliament of India to regulate the CA profession in India.
4. Who can study Chartered Accountancy?
Students who have cleared or appeared in final year of 10+2 or Intermediate level in any stream can study Chartered Accountancy starting from CAP I/ CA Foundation. However, students who have already passed Bachelors’ level with prescribed percentage may directly join CAP II/ CA Intermediate level. (For percentage criteria refer to Q. No 11)
Students who have cleared class 10 or a higher education can study Chartered Accountancy starting from Common Proficiency Test (CPT) level. (Students who have joined CPT level after passing class 10 have to study and appear in Higher Secondary Examination (10 + 2) before the CPT Examination. Only after appearing in 10+2, can appear in CPT Examination)
5. Can those students who have not cleared but appeared for final exams of 10+2 or Intermediate level and waiting for results join Chartered Accountancy?
Yes, the students waiting for results can also join Chartered Accountancy. They have to get registered provisionally and submit the proof of passing to the Board (ICAN or ICAI) within 6 months of registration and, the failure of which will cause the cancellation of their registration (for ICAN only). Provisional registration for CA Foundation & Intermediate under ICAN and CPT under ICAI is available.
6. Where can we get CA education?
CA education can now be completed in Nepal itself. Full facilities and support including coaching classes and training are available in Kathmandu at CAI Pvt. Ltd. However, students should go to India for Examination and for Articleship Training under ICAI.
7. How can we get the CA education?
After getting registered with the concerned Board (ICAN or ICAI), students may take private coaching classes at CAI Pvt. Ltd. and prepare for the exam.
8. Which is preferable, ICAN or ICAI?
It is the self-interest of students with which Board he/she wants to be registered. However, students can be given advice as to the preference of the Board considering their individual factors on request. You may visit CAI for the same.
9. Is there any provision of transfer between ICAN and ICAI during studies?
No, so far there is no agreements for interchange or credit transfer between ICAN and ICAI.
10. What is the difference between ICAN and ICAI?
The only difference between ICAN and ICAI is that ICAN is Nepalese Board where as ICAI is Indian Board for CA education.
11. What are the eligibility criteria to study Chartered Accountancy?
The eligibility criteria to study Chartered Accountancy under ICAN and ICAI are different and they are as follows: