CEC

The students who choose CEC will study three principal subjects (i.e.) Civics, Economics and Commerce in two years of their intermediate.

After intermediate, Students can do a regular degree in Commerce by studying B.Com (Bachelor of Commerce) with electives as B.com (General/Computers),(Honors),(Foreign Trade), (International Finance &Accounting) and BA (Bachelor of Arts) with different Electives as EPP (Economic, Public Administration, Political Science), PLP(Psychology, Literature, Political Science), HLP (History, Literature, Political Science), HEP (History, Economics, Political Science), PEP (Psychology, Economics, Political Science), HPP (History, Public Administration, Political Science). At Post Graduation/Masters level  Students can do MBA, M.com, MA, etc.

They can also pursue professional courses like LLB, CA, CS, ICWA, CFA, CPA, CIMA, BBA, BBM, etc., followed by MBA, M.com, MA, LLM,.etc at Post Graduate level to choose career as Lawyer, Chartered Accountant, Economist, Investment Analyst, Insurance Advisor, Stock trader, Banker, Government jobs or private jobs in Multinational Organisations,etc.

CEC students can also choose mainstream courses like BA, B.Com, B.Ed after Graduation to start their own or family Business, Corporate/ Private Jobs, lecturer, Professor, Probationary Officers in different Nationalised  Banks, Government Jobs, UPSC-IAS, IPS, IFC,IRS,TSPSC by appearing for Group I and Group II Examinations., Indian Railways, Indian Police Department, Indian Army, Indian Navy or Indian Airforce, etc.

About CA-foundation course

One of the most sought after professional courses for Commerce students is Chartered Accountancy. Chartered Accountants are in great demand in the current rapid growing Indian economy, thanks to the growing corporate sector.

In any organization, Chartered Accountants occupy high and respectable posts. All companies, big or small have to be audited by a CA who prepares documents like the Balance Sheet and Profit & Loss Account, and only then are they accepted by various government departments. CA is responsible for handling accounts and finance related matters, deal with money management, prepare, analyze and audit accounts along with providing financial advice. It is one of the backbones of the financial regulatory system of the country.

GYANAM ACADEMY has pledged to help out these deserving candidates in every way possible to realize their dream. Let us strive together for the upliftment of the Muslim Community.

CA Advantage

In the period of recession CA profession which is free from the vagaries of the economy. It is a recession proof profession. In fact you do not even need to find a job as after qualifying as a CA, you can start working independently and start your own firm. With the competence gained in internship one can steadily gain clients and establish his own practice soon enough.

Why Work As CA - Benefits of Working as CA

There is never any dearth of work for CA’s as jobs are practically guaranteed on completion of the Chartered Accountancy course

  • One can start professional career as a CA as soon as he/she qualify his/her exams so there is no gestation period at all.
  • The compulsory article ship period provides the necessary industry exposure to prepare you for a job or independent practice, right after your degree
  • The initially remuneration given to CA is comparatively better than most of the Profession
  • Opens ups window for international career in the field of Finance.
  • Most of the CFA charter holders in India are Chartered accountant.

Over 70% of fresh candidates received Minimum offers of Rs. 6 lakh and above per annum.

Nature of CA’s Work

The work of a CA will be very interesting to students of commerce as they deal with accounts and finance. The work would entail the following:–

  • Financial Accounting: The most basic of these is preparing the accounts of a company, private or government owned. This will include all kinds of financial statements, from the Balance Sheet to the Profit and Loss Account.
  • Auditing: Chartered Accountants examine and verify the books of accounts and other necessary documents of their employers or clients. On satisfaction, they issue a certificate about the company’s financial state. Auditing can be further classified into the following sub-categories:
    • Statutory audit
    • Internal audit
    • Compulsory tax audit
  • Certification and Cost Consulting: CAs can also diversify and take up cost consultancy. Making use of their skills they can help big enterprises make viable budgets for particular operations so as to minimize costs.
  • Taxation: If auditing and accounting put you to sleep, a Chartered Accountancy course can still be of use as you can take up tax related issues as your main work. This would include filing tax returns, doling tax advice and minimization of various taxes through legal means.
  • Legal Matters: CA’s also has a big role to play in legal matters of financial contracts, estate planning as well as during insolvency and liquidation of companies.
  • Management Consulting: This is slightly different from the main auditing as it involves analyzing the financial information of different departments within an organization to assess past performance and determine the present.
  • Planning and Management: Unlike regular management jobs, planning and management for CA’s mean mostly financial management.

Chartered Accountancy Course

The Chartered accountancy program is a four year course. It has three stages–Foundation, Intermediate and Final. To clear each one of them, a student has to take the following exams, CA-Foundation Course, CA-Intermediate Course and the Final examination.

CA-Foundation Course is an entry level test for the CA course.

Eligibility: Students who have passed their 10 + 2 can enroll for this. Registrations for CA-Foundation Course are open all year round. The exam is conducted twice a year in May and November. Students have to ensure that they register at least four months before the examination.

Test Pattern and Subjects:

Papers of CA-Foundation Course

  • Paper 1: Principles and Practices of Accounting (100 marks)

 

  • Paper 2: Business Law & Business Correspondence and Reporting (100 marks)
    • Section A: Business Law (60 marks)
    • Section B: Business Correspondence and Reporting (40 marks)

 

  • Paper 3: Business Mathematics and Logical Reasoning & Statistics (100 marks)
    • Part I: Business Mathematics and Logical Reasoning (60 marks)
    • Part II: Statistics (40 marks)

 

  • Paper 4: Business Economics & Business and Commercial Knowledge (100 marks)
    • Part I: Business Economics (60 marks)
    • Part II: Business and Commercial Knowledge (40 marks)

 

This test is of 400 marks. A candidate is declared to have passed the Foundation examination, if he obtains at one sitting a minimum of 40% marks in each paper and a minimum of 50% marks in the aggregate of all the papers. This test is divided into 4 sessions of 3 hours each spread across four days.

Paper Nos. 1 & 2 will be subjective type and Paper Nos. 3 & 4 will be of Objective type with negative marking.

Why should I Start CA After 10th immediately? The advantage of getting directly into the CA course after your +2 (higher secondary pass) is that the years are being saved in addition to maximum practical experiences.

Why CA at GYANAM ACADEMY

  • Effective communication of concepts and principles.
  • Exam-oriented Coaching by expert faculties
  • Workable strategy and Time Management scheme for exam preparation
  • Classroom Practice based on Exam Expectation, with Memory Tips and Guidance to students
  • Model Exams with scientific valuation process, for practice and revision.
  • Face-to-Face interaction
  • Effective knowledge transmission and doubt clarification.
  • Constant Motivation.
  • A disciplined and purposive method of learning.

ELIGIBILITY REQUIREMENT FOR CA FOUNDATION COURSE

  1. CA Foundation Course is a centralized eligibility test to do CA course, which is conducted by Institute of Chartered Accountants of India (ICAI).
  2. The test is taken after 10+2 for admission into Chartered Accountancy course.
  3. A student who has appeared in the Class 12 examination conducted by an examining body constituted by law in India (or an examination recognized by the Central Government as equivalent thereto) may register for Foundation Course.
  4. A registered student may appear in Foundation Examination after he/ she has qualified the Senior Secondary Examination* (10+2 examination) conducted by an examining body constituted by law in India (or an examination recognized by the Central Government as equivalent thereto) and has complied with such requirements as may be specified by the Council from time to time.

A student who has got himself/ herself registered for Foundation Course and has undergone a minimum of four months study period is eligible to appear in the Foundation Examination, i.e., students registered on or before 30th June/31st December will be eligible to appear in November/May examination respectively. Foundation Examinations are held in May November every year