CA Course Details after 12th for Sri Lankan Students

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CA Course Details after 12th 

Are you among the lucky few million students who have made it to the 12th grade? If so, what are your plans? The vast majority of you will go to university after your 12th. But CA Course details will give you a rare and valuable opportunity - the chance to study abroad. Find out the CA Course details after 12th for Srilankan Students who want to study CA Degree in Study Abroad below.

What is a Chartered Accountant Course?

Chartered accountancy is among the reputed courses with high-paying professions in the commerce stream. Chartered Accountant course is usually done after the 12th grade. Chartered Accountant is an accounting designation recognised internationally and awarded to accounting professionals of different countries across the globe. 

It has been proved by the credentials of CA that the qualifiers of CA have capabilities of filing tax returns of businesses, business practices, auditing of financial statements, and other advisory services to clients. Chartered accountants were the first group of accounting that was established in 1854. Today, there are several organisations that accountants belong to from all over the world, encompassing the Canadian Institute of Chartered Accountants and the Institute of Chartered Accountants in Whales and England.

CA Course Details after 12th: Highlights 

Level of Degree Bachelors
Full-Form Chartered Accountancy
Course Duration Course Duration of CA (Chartered Accountancy) is 5 Years.
Age 17-25
Eligibility Percentage 50%
Average Fees Incurred LKR 919380 LPA
Average Salary Offered LKR 3217800 LPA
Employment Roles Accountant, Financial Manager, Banker, Taxation Consultant, Consultant and more.

If you're planning to study CA Courses Abroad, find out the Study Guide on the following destinations.

CA Course Duration for International Students

  • CA course after 12th comprises of 4.5 years and if it is done after graduation, then its time becomes three years.
  • Additionally, the period of this course is seven years if started after 10th class. 
  • The duration of this course increases with the attempts taken to clear the exam.
  • There are different exams that a CA student has to clear during his course, and these exams encompass CA foundation, intermediate, and final exams. Apart from the exams, the student must have three years of article ship training.
  • For doing CA, there is no age limit. It is important to note that there is no maximum duration of the CA course because the restrictions on attempting papers have been removed. 

CA Course Syllabus

There are three-course levels in chartered accountancy. They encompass Common Proficiency Test CPT, Integrated Professional Competence Course IPCC, and Final Course FC. CPT is thought to be a basic foundation of chartered accountancy courses that include general economics, quantitative aptitude test, accounting, and mercantile laws. 

Two groups in IPCC cover operative knowledge regarding core subjects of the CA course. The primary purpose of IPCC is to develop and enhance accounting knowledge with professional standards. The final course in CA includes the knowledge of management accounting, financial reporting, professional ethics, strategic financial management, advanced auditing, and information system control.

CA level

Subjects



CA foundation

Practice and Principles of accounting

Business & Business law

Reporting and correspondence

Logical Reasoning, Mathematics and Statistics

Business Economic & Commercial and Business Knowledge





IPCC CA

Accounting

Business Law, ethics and communication

Taxation

Financial Management and Cost Accounting

Advanced Accounting

Assurance and Auditing

Enterprise Information System & Strategic Management




CA Final

Financial Reporting

Advanced Auditing and Professional Ethics

Strategic Financial Management

Economic Laws and Corporate Laws

Strategic Cost Management and Performance Evaluation

International Taxation and Direct Tax

Indirect Tax Laws

Chartered Accountant Course after Graduation

  • After graduation, the CA duration is of 3 years. Students can take the IPCC test directly after nine months of registering.
  • After that, students need to complete their article ship internship of 2.5 to 3 years to become a complete Chartered Accountant.
  • Students can study CA courses by getting an exemption from CPT after graduation.
  • To pursue CA after graduation, students or graduates must achieve 55% in their graduation course. 

Top Universities for Chartered Accountant Courses Abroad

Top Universities for Chartered Accountant Courses abroad are listed below;

Universities

Locations

Florida International University

United States of America

Aberyswyth University

United Kingdom

University of Greenwich

United Kingdom

Federation University Australia

Australia

University of Cincinnati

United States of America

University of Aberdeen

United Kingdom

Coventry University London

United Kingdom

Coventry University London

United Kingdom

Brunel University London

United Kingdom

University of Ottawa

Canada

Hillsborough Community College

United States of America

James Cook University

Australia

More relevant Universities in the following Destinations for CA Courses.

What are the Eligibility Criteria to Study CA Courses Abroad

Students who have passed their 12 grade are eligible for the CA course. However, a commerce degree is preferred before giving the CA exam. Still, if students are confident, they can take the CA exam. There are different criteria in different countries regarding the qualification of CA. Still, every standard follows the Generalised agency that develops the same course opted worldwide for ACCA and CA.

  • If students want to pursue CA after graduation, they must secure at least 55% in their graduation.
  • One other condition is that students should have studied three commerce subjects in their graduation course, such as Economics, Accounting, Corporate Laws, Auditing, Costing, and Taxation.
  • However, if students don't have any commerce background or knowledge, the eligibility criteria percentage climb up to 60 per cent.

The Application Process to Study CA Abroad

Chartered Accountant and other accounting degrees are famous in Australia, the United Kingdom, and the United States of America. First, students must have English language certification, i.e. IELTS, TOFEL, and GRE. There is another course of accounting in different countries encompassing

  • ACCA, United Kingdom
  • CFA, United States of America
  • CPA from AICPA, United States of America.

Besides these courses, students can also apply for other accounting courses and have their Bachelor's in accounting from abroad. There is one important thing to remember Accounting laws varies from country to country. In addition to the language requirement, the student must provide a letter of recommendation, a letter of intent, transcripts, and other pertinent papers. 

However, to gain admission to top-ranked educational institutions worldwide that provide CA because foreign admission has intense competition. Students must visit the educational institute's official website to get an insight into eligibility criteria and the application process.

Chartered Accountant Course Fees Abroad

The fee structure of CA course is as follows

Registration fees for CA foundation

700 US dollars

Yearly Journal Membership

20 US dollar

Examination fees of CA foundation

325 US dollars

Online form fee

20 US dollars

Registration fees for CA foundation are taken to register students for the CA course, and students can be kept updated from current and new demanded skills.

After the registration fee for foundation CA, students need to pay an application fee for CA foundation to register themselves in the CA foundation exam.

How to Apply for Chartered Accountant Course Abroad

  • The Chartered Accountancy course is so valuable that it opens the scope of multiple professions. 
  • There is a high demand for Chartered Accountants in Sri Lanka and worldwide.
  • Students can apply by submitting an admission form with their credentials and documents.
  • After the inspection, students are called for an interview. If they clear the consultation, they can pursue their CA course abroad. 

Jobs & Salary for CA Courses

In different countries, the demand for Chartered Accountants has increased, making CA's scope brighter across the globe. Every multinational company demands CA for managing the financial duties and operations of the company.
Organisations look for CA that can perform Assurances, Auditing, Accounting services, Tax Consultancy, Financial Reporting, etc.
In every company, there is a need for a Finance Manager, Financial Controllers, Financial Advisors, Directors of accounts, etc.

  • After completing the CA course, individuals can work in a company or practice privately. The average salary of a CA is around 90,000 US dollars a year.
  • It can be 50,000 US dollars a year minimum to 150,000 US dollars and above maximum. These salaries are dependent on the experience and skills of chartered accountant individuals. 

Careers After CA Course for International Students

CA individuals can choose different career options because a Chartered accountant is a self-contained qualification. Chartered Accountant can start their jobs in the following positions.

Internal auditors:

Individuals can pursue their careers as internal auditors because auditing of the organisation's financial statements is done by CA professionals only. The demand for CA is high in the audit industry, and in this field, CA significantly receive compensation increase.

Direct or indirect taxation:

CA professionals are also called taxation experts. CA individuals can practice their services in both direct and indirect taxation.

Banking sector:

CA individuals can work in the banking industry and manage their financial statements according to the rules and regulations of banking. CA can take part in the financial affairs of Banks and assist banks in informing financial strategies, tax strategies, funding strategies etc.

Finance management:

The finance manager is highly demanded by multinational organisations because of financial affairs. CA should know lucrative investment industry trends and anticipate the company's business. The Finance Manager provides financial advice to the company.

There are businesses and educational fields where chartered accountant professionals can give their services. There are different courses which CA do as Masters which encompass Diploma in Information system Audit, Certified Information System Auditor, Certified Internal Auditor, Association of Chartered Certified Accountant, Investment Banking, etc.

CA course gives profound knowledge and comprehension regarding the financial operations of organizations. It enables CA qualifiers to acquire financial tools in order to make better decisions. With CA, individuals can incorporate both technical and management skills. The scope of CA is all over the world.

AECC Global is one of the world's leading educational consultancies with versatile expert professionals who are ready to help you with any queries you may have. Contact us so we can be of assistance to you in your journey of fulfilling your dream.


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