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How to Prepare for CA Foundation Examination in Delhi? 2024

admin — Tue, 23 Apr 2024 03:45:00 +0000

CA Foundation is the first level of Chartered Accountancy course. To prepare for this exam, you need to follow some strategies so that you can easily pass CA foundation exams in the first attempt.

In this blog post we are going to share some important tips to score best in CA Foundation examination.

Preparation Tips for CA Foundation Exams 2024

Start Preparation from First Day

You have to start your preparation for CA foundation exams from the first day when your registered for the exams. You cannot pass your exams with few days preparation.

Find the Best CA Foundation Classes

Start finding the best classes of CA Foundation course like CA Jitin Tyagi Classes – The Best CA Foundation Classes in Delhi.

You must check these points to join any institute in Delhi:

Check the class’s past results and rank holders data.
Faculty of CA Foundation course must be have experience for teaching in this course.
New and updated syllabus based study.
Study material like notes, test papers, etc. should be available for all students.
Faculty behavior for students must be friendly and helpful for all students.

Plan Your Study

To start preparation for any exam, you have to plan your study time, daily tasks, and understand the complete syllabus. After choosing the best faculty’s classes, make your plan for study and stick to that plan. First try to make this plan yourself and then discuss it with your teachers.

Continuous Effort and Practice

There is no one who knows everything in this World, so you have to practice regularly and if anything is there which is tough to learn or practice then you should take actions to resolve those issues. You can ask to your teachers and faculties for those topics.

Participate in Test Series

Test series is the crucial part of the CA Foundation examination preparation. You must participate in all types of test series that are conducted by your mentor or faculty.

Read Also: CA Foundation Coaching in Janakpuri

Syllabus of CA Foundation for 2024 Exams

Paper 1: Accounting Syllabus

Topics	Sub Topics
Theoretical Framework	– Meaning and Scope of Accounting. – Accounting concepts, principles and conventions. – Capital and revenue expenditure, capital and revenue receipts,contingent assets and contingent liabilities. – Accounting Policies. – Accounting as a measurement discipline – valuation principles, accounting estimates. Accounting Standards-concepts and objectives
Accounting Process	– Recording accounting transactions: principles of double entrybook-keeping, books of original entry-journal,subsidiary books,cash book, ledger-format,posting from journals and subsidiary books,balancing accounts. – Preparation Of Trial Balance. – Rectification Of Errors
Bank Reconciliation Statement	Introduction, reasons and preparation of bank reconciliation statement
Inventories	Meaning, basis and technique of inventory valuation, cost of inventory, net realisable value and record system
Depreciation and Amortisation	Tangible and intangible assets- meaning & difference, concepts,methods of computation and accounting treatment of depreciation/amortisation,change in depreciation method
Bills of Exchange and Promissory Notes	Meaning of bills of exchange and promissory notes and their accounting treatment; accommodation bills.
Preparation of Final accounts of Sole Proprietors	Elements of financial statements, closing adjustment entries, trading account,profit and loss account and balance sheet of manufacturing and non- manufacturing entities
Financial Statements of Not-for-Profit Organizations	Significance and preparation of receipt and payment account, income and expenditure account and balance sheet, difference between profit and loss account and income and expenditure account
Accounts from Incomplete Records (excluding preparation of accounts based on ratios).	–
Partnership And LLP Accounts	– Final accounts of partnership firms and LLP. – Admission, retirement and death of a partner including treatment of goodwill. – Dissolution of partnership firms and LLPs including piecemeal distribution of assets
Company Accounts	– Definition Of Shares And Debentures. – Issue Shares And Debentures,forfeiture of shares,reissue of forfeited shares. – Redemption of preference shares and debentures(excluding purchase and redemption of own debentures sinking fund method). – Accounting For Bonus Issue And Right Issue.

Paper 2: Business Laws Syllabus

Topics	Sub Topics
Indian Regulatory Framework	Major Regulatory Bodies such as the Ministry of Finance, Ministry of Corporate Affairs, SEBI, RBI, IBBI, Ministry of Law and Justice, etc.
The Indian Contract Act, 1872	General Nature Of Contract, Consideration, Other essential elements of a valid contract,Performance Contract,Breach Of Contract, Contingent and Quasi Contract, Contract of Indemnity and Guarantee, Contract of Bailment and Pledge, Contract of Agency
The Sale of Goods Act, 1930	Formation of the contract of sale, Conditions and Warranties,Transfer of ownership and Delivery of goods,Unpaid seller and his rights.
The Indian Partnership Act, 1932	General Nature of Partnership, Rights and Duties of partners, Reconstitution of firms, Registration and Dissolution of a firm
The Limited Liability Partnership Act, 2008	Introduction-covering nature and scope, Essential features, Characteristics of LLP, Incorporation and Differences with other forms of organisations
The Companies Act, 2013	Essential features of company, Corporate veil theory, Classes of companies,Types of share capital, Incorporation of company, Memorandum of Association, Articles of Association, Doctrine of Indoor Management
The Negotiable Instruments Act, 1881	Meaning of Negotiable Instruments, Characteristics, Classification of Instruments, Different provisions relating to Negotiation, Presentment of Instruments, Rules of Compensation

Paper 3: Quantitative Aptitude Syllabus

Topics	Sub Topics
Part A: Business Mathematics
Ratio and proportion, Indices and Logarithms	Ratio and proportion and Time and work-related problems, Laws of Indices, Exponents and Logarithms and AntiLogarithms
Equations	Linear Equations Upto Three Variables, Quadratic and Cubic equations in one variable. Applications in Business Related Problems.
Linear Inequalities	Linear Inequalities in one and two variables and the solution space
Mathematics of Finance	– Simple Interest◦ Compound Interest – Nominal and Effective Rate of Interest – Present Value – Net Present Value – Future Value – Perpetuity – Annuities – SinkingFunds – Calculating EMI – Calculations of Returns:Nominal and Effective rate of Return – Compound Annual Growth Rate(CAGR)
Permutations and Combinations	Basic concepts of Permutations and combinations: Introduction, the factorial, permutations, results, circular permutations, permutations with restrictions, Combinations With standard results
Sequence and Series	Introduction Sequences, Series, Arithmetic and Geometric progression,RelationshipbetweenAMandGMandSumofntermsofspecialseriesand BusinessApplications
Sets, Relations, and Functions. Basics of Limits and Continuity Functions
Basic applications of Differential and Integral calculus in Business and Economics (Excluding the trigonometric applications)
Part B: Logical Reasoning	Number series coding and Decoding and odd man out, Direction Tests, Seating Arrangements, Blood Relations
Part C: Statistics
Statistical Representation of Data	Diagrammatic representation of data, Frequency Distribution, Graphical representation of Frequency Distribution–Histogram, Frequency Polygon, Ogive, Pie-chart
Sampling	Basic principles of sampling theory, comparison between sample survey and complete enumeration, some important terms associated sampling type of sampling,sampling and non-sampling errors.
Measures of Central tendency and Dispersion	Mean Median, Mode, Mean Deviation, Quartiles and Quartile Deviation, Standard Deviation, Coefficient of Variation, Coefficient of Quartile Deviation
Probability	Independent and dependent events;mutually exclusive events.Total and Compound Probability and Bayes Theorem
Theoretical Distributions	Random variables, Discrete and Continuous Random variables, Expectation of a discrete random variable, Theoretical Distributions:Binomial Distribution, Poisson distribution–basic application and Normal Distribution–basic applications
Correlation and Regression	Scatter diagram, Karl Pearson’s Coefficient of Correlation Rank Correlation, Regression lines, Regression equations,Regression coefficients
Index Numbers	Uses of Index Numbers, Problems involved in construction Index Numbers,Methods of construction of Index Numbers.BSE SENSEX NSE

Paper 4: Business Economics Syllabus

Topics	Sub Topics
Introduction to Business Economics	Meaning and scope of Business Economics. Basic Problems of an Economy and Role of Price Mechanism
Theory of Demand and Supply	– Meaning and Determinants of Demand, Law of Demand and Elasticity of Demand – Price, Income and Cross Elasticity. – Theory of Consumer’s Behaviour –Indifference Curve approach. – Meaning and Determinants of Supply, Law of Supply and Elasticity of Supply, Market Equilibrium and Social Efficiency
Theory of Production and Cost	– Meaning and Factors of Production, Short Run and Long Run. – Law of Production–The Law of Variable Proportions and Laws of Returns to Scale,Producer’s Equilibrium. – Concepts of Costs – Short-run and long-run costs, Average and Marginal Costs, Total, Fixed andVariable Costs
Price Determination in Different Markets	– Market Structures: Perfect Competition, Monopoly and Monopolistic Competition.Using Game Theory to study Oligopoly. – Price Determination in these Markets. – Price- Output Determination under different Market Forms
Determination of National Income	– Macro Economic Aggregates and Measurement of National Income – Determination of National Income: Keynes’ Two Sector Basic Model, Three Sectors and Four Sectors Models
Business Cycles	Meaning, Phases, Features, Causes behind these Cycles
Public Finance	– Fiscal functions:AnOverview, Centre and StateFinance. – MarketFailure/Government Intervention To Correct Market failure. – Process of budget making: Sources of Revenue, Expenditure Management, and management of Public Debt. – FiscalPolicy
Money Market	– Concept of Money Demand – Important theories of Demand for Money – Concept of Money Supply, Cryptocurrency Another New Terminology – Monetary Policy
International Trade	– Theories of International Trade including theories of intra-industry trade – – Krugman. – Trade Policy – The Instruments of Trade Policy. – Trade Negotiations. – Exchange Rates and its economic effects. – International Capital Movements: Foreign Direct Investment
Indian Economy	– Before 1950- Chanakya and Nand Vansh – OECD Paper (1950-1991), – Basic knowledge 1991 Onwards

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CA Foundation Coaching in Janakpuri

admin — Thu, 23 Nov 2023 07:52:49 +0000

Are you aspiring to pursue a career in Chartered Accountancy and searching for the best CA Foundation coaching in Janakpuri? Look no further! CA Jitin Tyagi Coaching Classes is your dedicated partner on the journey to success.

Why Choose CA Jitin Tyagi Coaching Classes for CA Foundation in Janakpuri?

Expert Faculty Team: At CA Jitin Tyagi Coaching Classes, we take pride in our team of seasoned professionals and subject matter experts. Our faculty members are well-versed in the intricacies of the CA Foundation syllabus and are committed to providing top-notch guidance.
Comprehensive Study Material: Success in CA Foundation requires a strong foundation in the fundamentals. Our coaching classes offer meticulously curated study materials that cover every aspect of the CA Foundation curriculum. It’s a one-stop solution for all your study needs.
Interactive Learning Environment: We believe in interactive and engaging teaching methods. Our classes are designed to foster a dynamic learning environment where students can actively participate, ask questions, and clarify doubts.
Regular Mock Tests: To excel in the CA Foundation exam, it’s crucial to be well-versed with the exam pattern and time management. CA Jitin Tyagi Coaching Classes conducts regular mock tests that simulate the exam environment, helping students build confidence and enhance their performance.
Personalized Attention: We understand that every student is unique, with distinct learning needs. Our coaching classes emphasize personalized attention to address individual strengths and weaknesses, ensuring that each student receives the support they require.
State-of-the-Art Infrastructure: Our coaching center in Janakpuri is equipped with state-of-the-art facilities, creating a conducive learning environment. From modern classrooms to well-stocked libraries, we provide the resources essential for effective learning.

Enroll Today and Kickstart Your CA Foundation Journey in Janakpuri

Are you ready to embark on your CA Foundation journey? CA Jitin Tyagi Coaching Classes in Janakpuri is your trusted companion. Our commitment to excellence and student success is unwavering. Enroll today and experience unparalleled coaching that propels you toward success in the CA Foundation exam.

In Janakpuri, CA Foundation coaching at CA Jitin Tyagi Coaching Classes isn’t just education; it’s a stepping stone towards a thriving career in Chartered Accountancy. Don’t miss out on this opportunity! Join us and witness the transformation of your CA Foundation aspirations into reality.

Enroll today for CA Foundation coaching in Janakpuri at CA Jitin Tyagi Coaching Classes – your key to unlocking success in Chartered Accountancy!

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CA vs CMA: Career Paths and Earning Potential

admin — Fri, 08 Sep 2023 10:41:43 +0000

What is a CA?

A Chartered Accountant (CA) is a professional accountant who has completed the rigorous Chartered Accountancy course provided by the respective national accounting bodies. The CA designation is internationally recognized and highly regarded for its extensive knowledge and expertise in financial management, auditing, taxation, and accounting principles. CAs often work in public practice, corporate finance, consulting, or even establish their accounting firms so read our blog CA vs CMA till and .

What is a CMA?

On the other hand, a Certified Management Accountant (CMA) is a professional who has acquired expertise in management accounting and financial management. CMAs are known for their strategic decision-making skills, cost management abilities, and proficiency in financial planning and analysis. They play a crucial role in organizations by providing valuable insights to drive business growth and profitability.

Is CMA Better Than CA?

The question of whether CMA is better than CA depends on individual career goals and interests. Both CA and CMA qualifications offer distinct benefits and career opportunities. While CAs primarily focus on accounting, auditing, and taxation, CMAs concentrate on management accounting and financial analysis. If you aspire to become an expert in financial management and business strategy, CMA could be the better choice. Conversely, if your passion lies in taxation and accounting compliance, CA might be more suitable.

Comparing the Education and Certification Process

5.1 Eligibility Criteria

To pursue CA, one typically needs to be a commerce graduate or have an equivalent qualification. Aspiring CAs have to clear multiple levels of examinations conducted by the respective accounting bodies. On the other hand, for CMA, candidates need a bachelor’s degree in any discipline to be eligible for the certification. The CMA qualification also requires candidates to pass a series of exams.

5.2 Examination Format

The CA examination is divided into three levels, consisting of theoretical and practical papers. It covers subjects like auditing, taxation, financial reporting, and corporate law. The CMA exam comprises two parts, focusing on financial planning, performance, control, and decision-making.

5.3 Time and Cost Involved

The CA course is known for its extensive duration, typically taking three to five years to complete. The course also involves practical training, adding to the overall duration. In contrast, the CMA program can be completed in a shorter span, usually around one to two years. The total cost for both CA and CMA includes registration fees, study materials, and examination fees.

Career Opportunities After CA Course

CA opens doors to various career paths. Many CAs work in public accounting firms, providing services such as auditing, taxation, and consultancy to clients. Others may opt for careers in finance, joining banks, financial institutions, or corporations as financial analysts, controllers, or CFOs. Some CAs also become entrepreneurs and start their accounting and consulting firms.

Career Opportunities After CMA Course

CMAs are in demand in both public and private sectors. They often work in management accounting, financial planning, budgeting, and forecasting roles. CMAs are valued for their ability to analyze financial data and provide crucial insights for strategic decision-making. They can pursue careers as financial managers, management consultants, or finance directors.

Salary Comparison: CA vs CMA

Salaries for both CAs and CMAs can vary based on factors such as experience, location, and the size of the organization. In general, CAs tend to earn higher salaries due to their expertise in financial management and taxation. However, CMAs also earn competitive salaries, especially in managerial positions, where their analytical skills and strategic acumen are highly valued.

Which Certification Should You Choose?

Choosing between CA and CMA should depend on your interests and long-term career goals. If you prefer a comprehensive understanding of accounting, auditing, and taxation, CA might be the right fit. On the other hand, if you have a keen interest in financial analysis, strategic planning, and decision-making, CMA could be the better choice for you.

Pros and Cons of CA

10.1 Pros of CA

In-depth knowledge of accounting principles and practices.
High demand for CAs in various industries.
Prestigious international recognition.

10.2 Cons of CA

Lengthy and challenging course duration.
Fierce competition in the job market.

Pros and Cons of CMA

11.1 Pros of CMA

Specialized expertise in management accounting.
Faster certification process compared to CA.
Strong demand for CMAs in managerial roles.

11.2 Cons of CMA

Limited scope in taxation and auditing.
Not as widely recognized globally as CA.

The Demand for CAs and CMAs in the Job Market

Both CAs and CMAs have a significant role in the corporate world. As businesses continue to grow and expand, the need for financial experts with specialized skills will only increase. With their distinct capabilities, CAs and CMAs can significantly contribute to organizational success and play vital roles in strategic decision-making.

Conclusion

In conclusion, CA vs CMA both CA and CMA offer promising career paths with unique opportunities for growth and success. While CA focuses on accounting, taxation, and auditing, CMA specializes in management accounting and financial management. Your choice between the two should depend on your interests, strengths, and long-term career aspirations.

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Best CA Foundation Classes in Janakpuri

admin — Fri, 18 Aug 2023 07:31:32 +0000

When it comes to pursuing a career in Chartered Accountancy (CA), choosing the right institute can make all the difference. For CA aspirants residing in Janakpuri, Delhi, the options may seem overwhelming. However, if you are looking for top-notch CA foundation classes in Janakpuri, look no further than Proteach CA. In this article, we will explore how Proteach CA stands out as the Best CA Foundation Classes in Janakpuri, offering exceptional guidance and fostering the growth of future accountants.

1. Understanding the Importance of CA Foundation Classes

1.1 What is the CA Foundation Course?

Before diving into the specifics, let’s understand the CA Foundation course. It is the first step for aspirants embarking on their CA journey. The course provides fundamental knowledge in subjects like Accounting, Economics, Business Laws, and more.

1.2 Why Choose CA Foundation Classes?

CA Foundation classes play a crucial role in shaping a student’s foundation. These classes offer structured learning, expert guidance, and a conducive environment to learn and grow.

2. Proteach CA: The Best CA Institute in Delhi

2.1 Unparalleled Faculty

At Proteach CA, students are guided by seasoned professionals and experienced Chartered Accountants who possess in-depth knowledge of the CA syllabus and a passion for teaching.

2.2 Comprehensive Study Material

Proteach CA provides well-researched and comprehensive study materials, making it easier for students to grasp complex concepts effectively.

2.3 State-of-the-Art Infrastructure

The institute boasts state-of-the-art infrastructure, including modern classrooms and technology-enabled learning, to enhance the overall learning experience.

2.4 Personalized Attention

Proteach CA believes in individual attention for students, ensuring that every student’s doubts are addressed promptly and effectively.

3. What Sets Proteach CA Apart?

3.1 Proven Track Record

Proteach CA has a track record of consistently producing successful CA professionals, with a high percentage of students clearing the CA Foundation exam.

3.2 Mock Tests and Assessments

To assess students’ progress, Proteach CA conducts regular mock tests and assessments, helping them identify their strengths and areas for improvement.

3.3 Career Guidance and Counseling

Proteach CA goes beyond academics and provides valuable career guidance and counseling, empowering students to make informed decisions for their future.

4. The Proteach CA Learning Experience

4.1 Interactive Teaching Methodology

The institute employs an interactive teaching approach, making learning enjoyable and engaging for students.

4.2 Practical Exposure

Proteach CA emphasizes practical learning and real-life case studies, bridging the gap between theoretical knowledge and its application.

5. Why Proteach CA is the Best CA Institute for Janakpuri Aspirants

5.1 Convenient Location

Located in Janakpuri, the institute offers easy accessibility to students residing in the area, saving time and effort in commuting.

5.2 Positive Learning Environment

Proteach CA creates a positive and supportive learning environment that fosters academic growth and personal development.

5.3 Affordable Fee Structure

Considering the importance of quality education, Proteach CA offers an affordable fee structure, ensuring education is accessible to all.

Conclusion

Choosing the right CA foundation classes is vital for a successful CA journey. Proteach CA is a Best CA Foundation Classes in Janakpuri, Delhi, emerges as the ideal destination for aspiring CAs. With its exceptional faculty, comprehensive study material, and personalized attention, Proteach CA ensures that every student receives the best guidance and support to realize their CA dreams.

FAQs

Q1: Is Proteach CA limited to CA Foundation classes only? A1: No, Proteach CA also provides coaching for CA Intermediate and CA Final courses.

Q2: Does Proteach CA offer online classes for CA Foundation? A2: Yes, Proteach CA offers online classes for CA Foundation to accommodate students’ diverse preferences.

Q3: What is the duration of the CA Foundation course at Proteach CA? A3: The duration of the CA Foundation course at Proteach CA is typically six months.

Q4: Are there any scholarship programs available for meritorious students? A4: Yes, Proteach CA offers scholarship programs for deserving and meritorious students based on their performance.

Q5: How can I enroll in Proteach CA’s CA Foundation classes? A5: To enroll in Proteach CA’s CA Foundation classes, you can visit their official website or contact them directly for further information.

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ICAI CA New Scheme of Education

admin — Sat, 29 Jul 2023 07:11:56 +0000

ICAI (Institute of Chartered Accountants of India) has recently unveiled the CA New Scheme 2023, officially notified in the Gazette of India on June 22, 2023, and set to be implemented from July 1, 2023. This scheme brings about significant changes in the CA course curriculum and practical training duration. In this article, we will delve into the intricacies of the ICAI CA New Scheme of Education, including the latest updates and a comparison between the old and new schemes.

The CA New Scheme of education and training introduced by ICAI encompasses all three levels of the CA course: CA Foundation, CA Intermediate, and CA Final. Under this new scheme, several changes have been made concerning syllabus, subjects, registration validity, and passing criteria. Let’s explore these alterations at each level.

ICAI CA New Scheme 2023 at a Glance

The details of the CA New Scheme are outlined in the following image:

Important Dates for ICAI CA New Scheme 2023

ICAI has officially declared that the CA New Scheme 2023 will be applicable from the May 2024 attempt. The date of execution for the CA New Course is set for July 1, 2023. Initially, the implementation was planned for the November 2023 attempt, but due to delays in obtaining Ministry of Corporate Affairs (MCA) approval, it has been postponed to the May 2024 attempt. For specific dates regarding the CA New Scheme’s education and training, refer to the image below:

Latest Updates

ICAI launched the CA New Scheme on July 1, 2023, and it is now applicable from the May 2024 attempt. Students who cleared Group 1 of CA Intermediate in the old course and wish to appear in the CA New Course for the May 2024 exams will be exempted from the cost and advanced accountancy papers. They will only need to take the Audit and FMSM exams.

CA Foundation New Course

The proposed CA New Scheme 2023 introduces changes to the CA Foundation course’s eligibility, registration validity, syllabus, and pass percentage. The modifications include:

CA Foundation Eligibility

Under the CA New Scheme 2023, ICAI has altered the CA Foundation eligibility criteria. Students can now appear in the CA Foundation examination after clearing their class 12th boards and completing a minimum study period of 4 months.

CA Foundation Registration Validity

In the CA New Scheme 2023, the registration validity for the CA Foundation course is set at 4 years. Students must complete the foundation course within this timeframe. Failure to pass the CA Foundation level within this period will necessitate choosing the CA direct entry route to continue the CA course. As a result, students must plan their studies accordingly and aim to pass their CA Foundation exams within the stipulated timeframe.

CA Foundation New Syllabus

The current CA course includes 6 subjects and 4 papers in the CA Foundation syllabus. However, the new course eliminates two subjects, namely “Business Correspondence & Reporting” and “Business & Commercial Knowledge.” The CA Foundation’s new syllabus comprises the following subjects:

CA Foundation Pass Percentage

In the CA New Scheme 2023, the CA Foundation passing percentage criteria have been modified. Students are now required to secure 50% marks to pass the CA Foundation exams. Additionally, ICAI has implemented a negative marking system of 0.25 for each incorrect MCQ answer in the CA New Course. These changes aim to ensure students possess a profound understanding of concepts and can apply them effectively. Therefore, students must extensively practice CA Foundation mock test papers before appearing for the exams.

CA Intermediate New Course

Under the proposed scheme, ICAI has introduced several changes to the CA Intermediate course, which include:

CA Intermediate Eligibility

The CA Intermediate eligibility criteria remain unchanged in the new scheme. Students can appear for the exams after completing the CA Foundation course or through the direct entry route. However, students following the direct entry route must undergo an 8-month study period before attempting the exams.

CA Intermediate Registration Validity

The registration validity for CA Intermediate has been extended from 4 years to 5 years in the new scheme. Students can now revalidate their registration by paying a prescribed fee just once. This change allows students more time to complete the CA Intermediate course and sit for the exams.

CA Intermediate New Syllabus 2023

In the CA Intermediate course, the paper count has been reduced. The CA Intermediate syllabus will now consist of 6 papers instead of 8. ICAI has merged “Corporate & Other Laws” from the foundation level with “Business Law,” and “Enterprise Information Systems & Strategic Management” from the intermediate level with subjects of the final level. The revised CA Intermediate course now includes the following:

CA Intermediate Pass Percentage

In the CA New Scheme 2023, the CA Intermediate passing percentage criteria have also changed. Each paper will comprise 30% MCQs and 70% descriptive questions. Additionally, a negative marking of 25% will apply for each incorrect MCQ response. Consequently, students must refrain from guessing and improve their preparation and application skills to handle MCQ-based questions effectively.

CA Intermediate Exemption

Following the application of the CA New Scheme 2023, students scoring 60% or more in papers in one attempt will be eligible for exemption for the next 3 attempts. Beyond that, students will be permanently exempted and must score at least 50% marks to pass the remaining papers individually.

CA Articleship Under CA New Scheme 2023

ICAI has proposed important changes to CA Articleship training that will be advantageous for students:

CA Articleship Duration

The duration of CA articleship will be reduced from 3 to 2 years in the CA New Scheme. This change will enable students to become chartered accountants earlier. Moreover, students can register for the CA final examination after completing their practical training and 6 months of study.

ICAI Practical Training Eligibility

To become eligible for CA articleship under the CA New Scheme 2023, students must clear both groups of CA Intermediate level and complete the ICITSS training. This change allows students to pursue CA articleship without being preoccupied with remaining and further attempts.

CA Articleship Stipend Criteria

With the implementation of the new course, ICAI has increased the stipend for articles to 100%.

CA Articleship Leaves

Under the new course, students no longer have to take any exams during their CA articleship. However, ICAI has restricted the number of leaves allowed. Students can now take only 12 leaves per year and 24 leaves throughout their complete training period.

Introduction of COP in Articleship

With the reduced time period of practical training, a condition has been introduced for aspirants who wish to become practitioners. They must hold 1 year of experience in a Chartered Accountancy firm to obtain a Certificate of Practice or COP.

Introduction of ICAI Self-Paced Online Modules

Under the CA New Course 2023, ICAI will introduce self-paced modules divided into four sets. Students must complete all sets at their own pace and achieve a minimum score of 50% in each set to become eligible for the CA final level.

Students can find a brief description of all the sets in the image below:

CA Final New Course

ICAI has made significant changes to the CA Final course eligibility, registration validity, new syllabus, pass percentage, and exemption, which are described as follows:

CA Final Eligibility

To be eligible for the CA Final course, students must fulfill the following criteria:

Pass both groups of CA Intermediate level and complete the ICITSS training.
Pass all sets of self-paced modules with more than 50% marks in each set.
Complete 6 months of study period after completing practical training.

CA Final Registration Validity

The registration for CA Final is now valid for 10 years. Students can revalidate their registration after 10 years by paying prescribed fees.

CA Final New Syllabus 2023

The number of papers in the CA Final syllabus has been reduced from 8 to 6. Both CA Final-level groups will now include 3 papers each.

The changes applied in the CA Foundation study materials are as follows:

Papers 4 and 5 subjects will be removed and included in the first set of self-paced modules.
Multi-disciplinary case studies with strategic management will be compulsory in Paper 6, which will have no further options now.
Elective subjects such as risk management, financial services, and capital markets will be included in the SET-C of the self-paced online module.

CA Final Pass Percentage

The CA Final pass percentage remains the same as the CA Intermediate level. All 6 papers will have 30% MCQs and 70% descriptive questions. A negative marking of 25% will apply for each incorrect MCQ.

CA Final Exemption

The exemption rules for the CA Final level are also the same as the CA Intermediate level. Students need to score 60% or more in papers in one attempt to be eligible for permanent exemption for the next 3 attempts. To pass the remaining papers individually, students must score at least 50%.

Exit Route Under CA New Scheme

In the new scheme of education and training, ICAI has also modified the exit route. Previously, students exited the CA course due to their inability to crack the CA Final exams. Additionally, ICAI will introduce a new certification called Business Accounting Associate in the new scheme.

To attain the Business Accounting Associate certification, students must meet the following criteria:

Pass both groups of CA Intermediate level.
Complete 2 years of CA Articleship.
Complete AICTSS Training.
Qualify for all the sets of self-paced online modules.

Conclusion

The above article provides comprehensive information regarding the CA New Scheme of education and training. Regular updates on CA New Scheme 2023 from ICAI will be provided. As the new scheme takes effect from the May 2024 exams, students are advised to prepare themselves for the upcoming changes and utilize available resources effectively.

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Proteach CA – The Best CA Coaching Institute in Delhi

admin — Thu, 27 Jul 2023 06:30:50 +0000

Venturing into the world of Chartered Accountancy is a pursuit of excellence and accomplishment. Aspiring CA students in Delhi are fortunate to have a plethora of coaching institutes to guide them on this transformative journey. Amongst these, Proteach CA stands tall as the beacon of success, offering unmatched guidance and support. With a track record of producing top-notch CAs, Proteach CA has firmly established itself as the ultimate destination for Best CA Coaching Institute in Delhi.

1. Expertise that Inspires

Proteach CA’s faculty comprises a league of extraordinary mentors and educators who bring years of experience and expertise to the table. These Chartered Accountants and subject matter experts are not just teachers but also mentors who inspire, motivate, and drive students to reach their full potential. Their guidance forms the bedrock on which students can build their CA dreams.

2. Empowering through Knowledge

In the world of CA examinations, knowledge is the key that unlocks success. Proteach CA understands this critical aspect and ensures that students have access to comprehensive and up-to-date study material. The well-structured curriculum empowers students with in-depth knowledge and conceptual clarity, paving the way for a strong foundation in CA studies. so that Proteach CA is a Best CA Coaching Institute in Delhi.

3. Nurturing Ambitions with State-of-the-Art Infrastructure

Proteach CA believes in providing an environment that nurtures ambitions and encourages growth. The institute’s state-of-the-art infrastructure caters to all the modern-day requirements of CA aspirants. Equipped with cutting-edge technology and top-notch amenities, the learning environment is designed to foster creativity, focus, and academic excellence.

4. Testing Limits: Mocks and Assessments

Success in CA examinations demands rigorous practice and continuous evaluation. Proteach CA leaves no stone unturned in preparing its students for the final battle. Regular mock tests and assessments not only gauge students’ progress but also challenge them to push their limits. Faculty feedback and analysis help students fine-tune their preparation strategies, ensuring they are fully prepared for the D-day. so that proteach CA is comes to the list of Best CA Coaching Institute in Delhi.

5. Achieving Excellence: A Proven Track Record

A CA coaching institute’s success is mirrored through the accomplishments of its students. Proteach CA proudly boasts a proven track record of producing exceptional CA rankers year after year. With a focus on holistic development and individual attention, the institute enables students to rise above the competition and achieve excellence.

Conclusion

The journey to becoming a Chartered Accountant is a life-changing experience that demands the right guidance and support. Proteach CA, with its unmatched faculty expertise, comprehensive study material, state-of-the-art infrastructure, and a commitment to excellence, stands as the undisputed best CA coaching institute in Delhi. So, if you’re ready to unlock your potential and soar to new heights of success, Proteach CA is your ultimate gateway to becoming a CA in Delhi!

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Proteach CA: the Best CA Coaching Classes in Delhi

admin — Wed, 26 Jul 2023 06:58:49 +0000

Are you aspiring to become a successful Chartered Accountant (CA) and seeking the best CA coaching classes in Delhi to achieve your goal? Look no further, for Proteach CA Institute is here to guide you on the path to success and make your dreams come true!

Why Choose Proteach CA Institute?

Proteach CA Institute has earned a stellar reputation as the premier CA coaching institute in Delhi, and for good reason. Here are some compelling reasons why Proteach CA stands out from the rest:

Experienced and Expert Faculty: At Proteach CA, we take pride in our team of highly experienced and knowledgeable faculty members. Our instructors are not only well-versed in the CA syllabus but also possess real-world experience, which allows them to offer practical insights to students.
Comprehensive Course Structure: Our CA coaching classes are designed to cover the entire syllabus in a systematic and comprehensive manner. We provide well-structured study materials, conduct regular mock tests, and offer personalized attention to ensure that each student performs at their best.
State-of-the-Art Infrastructure: Proteach CA Institute is equipped with modern facilities to create a conducive learning environment. Our classrooms are equipped with audio-visual aids, and our library is well-stocked with reference books and study material.
Small Batch Sizes: We believe in individual attention, and thus, we keep our batch sizes small to ensure that each student gets the attention they deserve. This allows our faculty to address the unique learning needs of every student.
Supportive Learning Atmosphere: We foster a supportive and encouraging atmosphere at Proteach CA, where students can freely interact with faculty and peers to clarify doubts and enhance their understanding.
Progress Tracking and Reporting: Regular assessments and progress tracking are vital for effective learning. Proteach CA provides detailed reports on students’ progress, helping them identify their strengths and weaknesses, thus enabling them to work on their areas of improvement.

Success Stories of Proteach CA Students

Our track record of producing successful CA professionals speaks for itself. Many of our past students have achieved top ranks in CA examinations and have established thriving careers in the field. The success stories of our alumni bear testimony to the quality of education imparted at Proteach CA Institute.

The Proteach CA Edge

We understand that the journey to becoming a CA is challenging and requires dedication and hard work. To give our students an edge over the competition, Proteach CA goes beyond regular coaching classes. We conduct workshops on personality development, communication skills, and interview preparation, empowering our students with the confidence to excel not just in exams but in their professional lives as well.

Conclusion

Choosing the Best CA Coaching Classes is a crucial decision that can make or break your CA dream. Proteach CA Institute in Delhi has proven its mettle time and again by producing CA professionals who shine brightly in the industry. With our expert faculty, comprehensive course structure, and supportive learning environment, Proteach CA stands tall as the Best CA Coaching Classes institute in Delhi.

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Best CA Coaching Classes: Finding the Ideal Institute in Delhi

admin — Tue, 25 Jul 2023 08:51:15 +0000

When it comes to pursuing a career in Chartered Accountancy, choosing the right coaching institute plays a crucial role in shaping your success. Delhi, being the educational hub of India, offers numerous options for CA aspirants. Among the plethora of choices, Proteach CA stands out as one of the best CA coaching classes in Delhi. In this article, we will explore the essential attributes of an ideal CA institute and highlight why Proteach CA is the leading choice for CA aspirants.

1. The Significance of Choosing the Right CA Coaching Institute

Finding the best CA coaching classes can make a remarkable difference in an aspirant’s journey. A competent institute provides the necessary guidance, study materials, and support to excel in the CA examinations. The coaching institute acts as a catalyst, enhancing the chances of clearing exams with flying colors.

2. Identifying the Ideal CA Coaching Institute

2.1 Reputation and Track Record

A reliable CA coaching institute boasts a strong reputation and a proven track record of producing successful CA professionals. Aspiring students should delve into the institute’s history, its past results, and the achievements of its alumni.

2.2 Experienced Faculty

Experienced and knowledgeable faculty members are the backbone of any reputable CA coaching institute. Proteach CA takes pride in its team of expert instructors who have in-depth expertise in their respective subjects and can impart quality education effectively. so that proteach provide Best CA Coaching Classes at Uttam Nagar

2.3 Comprehensive Study Material

The availability of comprehensive and well-structured study material is crucial for students preparing for the CA exams. Proteach CA offers a meticulously curated collection of study resources, enabling students to grasp complex concepts with ease.

2.4 Interactive Learning Environment

A conducive learning environment fosters better understanding and retention of the subject matter. Proteach CA provides an interactive learning experience, combining traditional teaching methods with modern approaches, including discussions, case studies, and mock tests.

2.5 Personalized Attention

Each student has unique strengths and weaknesses. The best CA coaching classes offer personalized attention to address individual learning needs. Proteach CA ensures that students receive the necessary support and guidance throughout their journey.

3. Proteach CA: The Best CA Institute in Delhi

3.1 Exceptional Results

Proteach CA has consistently delivered exceptional results, with a high percentage of students clearing the CA exams. The institute’s commitment to academic excellence has earned it the reputation of being one of the top CA coaching classes in Delhi.

3.2 Qualified and Supportive Faculty

The institute boasts a team of qualified and supportive faculty members who possess a profound understanding of the CA syllabus. They not only teach the subjects but also mentor and motivate students throughout their preparation.

3.3 Holistic Approach to Learning

Proteach CA believes in a holistic approach to learning, focusing on overall personality development and building a strong foundation of knowledge. This approach empowers students to tackle the challenges posed by the CA exams confidently.

3.4 State-of-the-Art Infrastructure

Proteach CA provides a state-of-the-art infrastructure, including well-equipped classrooms and modern teaching aids, ensuring a seamless learning experience for students.

3.5 Positive Learning Environment

The institute fosters a positive and encouraging learning environment, inspiring students to push their boundaries and achieve academic excellence.

Conclusion

Choosing the best CA coaching classes is a critical step towards realizing your dream of becoming a successful Chartered Accountant. Proteach CA, with its impressive track record, experienced faculty, comprehensive study material, interactive learning approach, and personalized attention, stands out as the best CA institute in Delhi. Enroll with Proteach CA to embark on a journey of academic excellence and career success.

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Best CA Foundation Coaching: Proteach CA,

admin — Mon, 24 Jul 2023 13:04:29 +0000

Choosing the right coaching institute for your CA Foundation preparation is crucial as it lays the foundation for your future success in the field of Chartered Accountancy. In Delhi, one institute that stands out among the rest is Proteach CA. With its impeccable track record and dedication to providing top-notch education, Proteach CA has earned the reputation of being the Best CA Foundation Coaching in the city. In this article, we will explore why Proteach CA is the top choice for CA Foundation aspirants and what sets it apart from other coaching centers.

The Importance of CA Foundation Coaching

Preparing for the CA Foundation exam demands a well-structured and focused approach. It is a crucial step in the CA journey, and the right coaching institute can make all the difference. CA Foundation coaching not only provides expert guidance but also instills discipline, time management skills, and a competitive spirit in aspirants. It lays a strong foundation for future studies and professional growth.

Proteach CA: An Overview

when we talking to about Best CA Foundation Coaching in delhi Proteach CA has emerged as a leader in CA Foundation coaching, and for all the right reasons. The institute was established with the aim of providing unparalleled education to CA aspirants and has consistently delivered exceptional results.

Highly Qualified and Experienced Faculty

At Proteach CA, the faculty members are the backbone of the institute. They are highly qualified, experienced, and passionate about teaching. They possess in-depth knowledge of the CA syllabus and are adept at simplifying complex concepts for students. The engaging teaching style of the faculty ensures that students grasp the subjects effortlessly.

Personalized Attention and Small Batch Sizes

One of the key strengths of Proteach CA is its focus on individual attention. The institute maintains small batch sizes to ensure that every student receives personalized mentoring. This approach allows the faculty to identify the strengths and weaknesses of each student and work on them accordingly.

Comprehensive Study Material

Proteach CA provides comprehensive study material that covers the entire CA Foundation syllabus. The study material is meticulously curated by experts and is regularly updated to keep up with the latest trends in the examination. It serves as a valuable resource for self-study and revision. so that proteach is comes to the list of Best CA Foundation Coaching institute of delhi.

Mock Tests and Regular Assessments

The institute understands the significance of mock tests and assessments in evaluating the preparation level of students. Proteach CA conducts regular mock tests and assessments that simulate the actual examination environment. These tests help students gauge their progress and identify areas that need improvement.

State-of-the-Art Infrastructure

Proteach CA boasts state-of-the-art infrastructure with well-equipped classrooms and modern teaching aids. The institute creates a conducive learning environment that fosters focus and concentration among students.

Positive Learning Environment

The institute maintains a positive and encouraging learning environment that motivates students to give their best. The friendly and approachable faculty ensures that students can freely ask questions and clarify doubts without hesitation.

Focus on Conceptual Clarity

Rather than promoting rote learning, Proteach CA emphasizes conceptual clarity. The faculty strives to make students understand the underlying principles and logic behind each topic, enabling them to apply their knowledge effectively.

Results and Success Stories

Proteach CA takes pride in its outstanding track record of producing CA Foundation toppers consistently. The success stories of past students stand as a testament to the institute’s dedication to excellence.

Affordable Fee Structure

Despite providing top-tier coaching, Proteach CA maintains an affordable fee structure, making it accessible to students from various economic backgrounds.

Flexibility in Batches and Timings

Understanding the diverse needs of students, Proteach CA offers flexibility in batch timings. This enables students to choose a schedule that aligns with their other commitments.

Holistic Development of Students

Proteach CA is not just about academics; it believes in nurturing the overall personality of its students. The institute encourages students to participate in co-curricular activities and build leadership skills.

Conclusion

In conclusion, Proteach CA stands as the epitome of excellence in Best CA Foundation Coaching. With its highly qualified faculty, personalized attention, comprehensive study material, and focus on conceptual clarity, Proteach CA ensures that its students are well-prepared to face the CA Foundation examination with confidence.

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Best CA Coaching Institute in Delhi

admin — Fri, 21 Jul 2023 12:35:01 +0000

Setting foot on the path to becoming a Chartered Accountant (CA) is a praiseworthy pursuit that demands diligent preparation, expert mentorship, and unwavering resolve. In the bustling city of Delhi, where countless CA coaching centers compete for attention, one name stands out with an unparalleled reputation – Proteach CA. Renowned as the best CA coaching institute in Delhi, Proteach has consistently proven its mettle by producing CA toppers year after year. In this blog, we delve into what sets Proteach CA apart and why it remains the preferred choice for aspiring CAs.

A Legacy of Excellence:

Proteach CA boasts an illustrious legacy of excellence that spans over a decade. Founded by a team of experienced and highly qualified Chartered Accountants, the institute has been committed to nurturing and guiding CA aspirants towards achieving their dreams. Their unwavering dedication to excellence and a student-centric approach have earned them accolades and recognition within the CA coaching domain.

Expert Faculty:

At Proteach CA, the faculty is the cornerstone of their success. Distinguished CA professionals and subject matter experts form the teaching team, bringing with them a wealth of knowledge and practical experience. These mentors are not just knowledgeable in their respective subjects; they also have a genuine passion for teaching and guiding students. They use innovative teaching methods, practical examples, and real-life case studies to simplify complex concepts, making learning an engaging and rewarding experience. so that proteach CA is come the list of Best ca coaching institute in delhi.

Comprehensive Course Structure:

Proteach CA offers a well-structured and comprehensive course curriculum that covers all aspects of the CA examination. Their courses are designed to cater to different levels of CA exams, including Foundation, Intermediate, and Final. The curriculum undergoes regular updates to stay in sync with the latest exam patterns and amendments. This guarantees that students are thoroughly equipped to tackle any challenges that may arise throughout their preparation.

Personalized Attention:

One of the hallmarks of Proteach CA is its commitment to providing personalized attention to each student. Unlike some crowded coaching centers where individual attention is scarce, Proteach ensures that every student’s learning needs are understood and catered to.
At Proteach CA, students benefit from regular doubt-solving sessions, personalized one-on-one interactions with faculty, and periodic performance assessments. These features empower students to recognize their strengths and weaknesses, allowing them to address areas of improvement effectively.

Well-equipped Infrastructure:

when we talking to about Best ca coaching institute in delhi Proteach CA understands the importance of a conducive learning environment. The institute boasts state-of-the-art infrastructure, well-equipped classrooms, and modern amenities to facilitate seamless learning. Access to a well-stocked library and online study resources further augments students’ preparation.

Mock Tests and Practice Papers:

To ace the CA exams, rigorous practice is imperative. Proteach CA organizes regular mock tests and practice sessions that simulate the actual exam environment. These assessments help students gauge their progress, build confidence, and fine-tune their exam-taking strategies.

Success Stories:

Proteach CA proudly cherishes a remarkable track record of producing CA toppers and achievers. Many of their alumni have secured top ranks in the CA examinations, which serves as a testament to the institute’s commitment to excellence.

Conclusion:

Proteach CA stands tall as the beacon of success for CA aspirants in Delhi. With its legacy of excellence, expert faculty, comprehensive course structure, personalized attention, and success stories, the institute continues to shape the future of numerous Chartered Accountants. If you dream of becoming a CA and wish to be guided by the best, Proteach CA is the ultimate destination for Best ca coaching institute in delhi.

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