How Long is CA Course in Pakistan | CA Duration | How to Become a Chartered Accountant
As all the students of Chartered Accountancy knows very well there are 4 stages in CA. To qualify as a chartered accountant, Students must have to pass all the 4 stages to become a chartered accountant. Students of CA and Interested students always want to know :
Like above, there are many questions raises in the students of Chartered Accountant. So, I am here to tell you the total duration of CA in Pakistan.
CA is not Degree, So, its exact time is not mentioned anywhere. It all depends on the students intelligence and their skills and also their interest, that how much they are interested in Chartered Accountancy. The more interested student is better than a normal student. Normally for an average student, the board of Chartered Accountancy ( Institute of Chartered Accountancy) describes that a normal student can qualify as a chartered Accountant in 5.5 years. This duration is not Obvious because Duration depends upon your subjects passed in one attempt. It varies from Stage to Stage. Every stage has its own duration. Let's start from First Stage and so on:
how-long-is-ca-course-in-pakistan-ca |
Assessment of Fundamental Competencies ( AFC) :
In this stage ( First stage of CA in Pakistan), there are 4 subjects which a Student has to pass to move on to next stage.
Subjects of first stage are Following:
- Functional English
- Introduction to information technology
- Business Communication
- Quantitative Methods Tecqniques
Its total duration to pass 4 subjects is 6 months. A normal or average student can can easily pass these 4 subjects in 6 months.
Its papers are conducted after every 3 months ( 4 times in a year).
how-long-is-ca-course-in-pakistan-ca |
Certificate in Accounting and Finance ( CAF) :
This is the second stage in the field of Chartered Accountancy. I t includes 9 subjects to move on to the next stage:
For an average student, It takes 1.5 years to pass the 9 subjects. Students can easily pass 3 subjects in 6 months. Student can't move next till the 9 subjects have passed. Its papers are conducted after each 6 months.
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After passing 9 subjects, Students will join Chartered Accountancy Firm for training for a period of 3.5 years. During this period, Students can sit in exams after 1.5 years and clear their papers of next stage.
CFAP:(Certified Finance and Accounting Professional)
This is 3rd stage of Chartered Accountancy. Student will have to pass 6 subjects in this stage. Their is no specified time for this stage. But for an average student, a period of 1.5 years is mentioned by board. Its papers are also conducted by Board (ICAP) after 6 months. Subjects of CFAP are following:
how-long-is-ca-course-in-pakistan-ca |
- CFAP-01 Advanced Accounting and Financial Reporting
- CFAP-02 Corporate Laws
- CFAP-03 Business Management and Strategy
- CFAP-04 Business Finance Decisions
- CFAP-05 Advanced Taxation
- CFAP-06 Audit, Assurance and Related Services
MSA :
Students can enter into MSA by passing all subjects of CFAP. MSA is the final stage to qualify as a CA. There are 2 Subjects in MSA:
- Financial Reporting And Assurance Professional Competence
- Management Professional Competence.
Student can pass these 2 subjects in 6 months. After passing these 2 subjects, Student call himself as a qualified Chartered Accountant.
4 Comments
After intermediate it will take how much time and after graduation it will take how much exactly?
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