Sunday, March 31, 2013

ICAI - ATC Course Structure


How to become an Accounting Technician (Accounting Technician Course)
Ø  Enrol for Common Proficiency Test (CPT), after passing Class 10 examination.
Ø  Appear and pass in CPT after appearing in Senior Secondary (10+2) Examination. However one should pass both CPT and 10+2 examination before registering for ATC.
Ø  Enrol for Accounting Technician Course (ATC).
Ø  Successfully complete 8 months of study course from the date of registration for the ATC.
Ø  Successfully complete Orientation Course of one week spanning 35 hours and covering topics, such as, personality development, communication skills, office procedures, business environment, general commercial knowledge etc.
Ø  Successfully complete 100 hours Information Technology Training (ITT).
Ø  Pass ATE (Group I of Intermediate (Integrated Professional Competence) Examination).
Ø  Group I is composed of four papers.
Ø  Successfully complete one year work experience under chartered accountant in practice or in industry.
Ø  Get Accounting Technician Certificate.
Ø  Designate as “Accounting Technician”.

How to become a CA, even after becoming Accounting Technician
Ø  Enrol in Group II of Intermediate (Integrated Professional Competence) Course.
Ø  Register as Articled Assistant for a period of 3 years.
Ø  Undergo GMCS I (15 days) during the 1st year of practical training.
Ø  Pass Group II of Intermediate (IPC) Examination.
Ø  Undergo GMCS II (15 days) after completion of 18 months of articled training but before completion of practical training.
Ø  Appear in CA Final Examination during last 6 months of 3 years of practical training.
Ø  Complete Advanced Course on Information Technology Training during the third year of practical training but before appearing in the Final Examination.
Ø  Pass both the Groups of CA Final examination.
Ø  Complete 3 years period of practical training.
Ø  Enrol as a member of ICAI and designate as “Chartered Accountant”.

Sources: Institute of Chartered Accountants of India (icai.org)