• Chartered Accountancy •
   T H E   I C A I   &   T H E  N E W   C U R R I CU L U M 
 

The Institute of Chartered Accountants of India (ICAI) is a Statutory Accounting Body established by the Chartered Accountants Act,1949 which was passed by the Indian Parliament.
The Institute has 5 regional councils, 96 branches in India and 11 chapters abroad, including Universal Empire Institute of Technology (UEIT) Dubai, which happens to be the only accredited coaching center of ICAI in the U.A.E
The entire CA Course has been restructured by the ICAI with effect from October 1,2001. The objectives of the new scheme are:
  • To attract young and talented students to make an early entry into the coveted profession.
  • To ensure entry to only those students who have potential to successfully complete the course
  • To improve the overall quality of education and training and the competency of the members
The entire course has been split into three tiers : PE-1(Previously 'Foundation"), PE-2(Inter) and Final.
PE-1 : Candidates on completion of 10+2 are eligible to join for PE-1 which includes 
  • Foundation of Accounting
  • Mathematics and Statistics
  • Economics
  • Business Communication and Organization Mgt.
PE-II : On Successful completion of PE-1, the candidate is eligible to join PE-II. PE-II covers :
  • Group 1 - Accounting, Auditing, Business & Corporate Laws
  • Group 2 - Cost Accounting and Financial Mgt. , Income Tax and Central Sales tax, Information Technology
The candidate can appear for both groups simultaneously or group wise. PE-II, similarly, should be completed in five consecutive attempts.
Final : On Successful completion of PE-II,   the candidate will be required to to attend and successfully complete 250 hours of computer training prior to the commencement of the practical  training years.

After completing the computer training, the candidates are eligible  for registration as article clerks for practical training and for admission to the final course.
Final CA covers
  • Group 1 - Advance accounting, Management accounting and financial analysis, Auditing, Corporate Laws and Secretarial practice.
  • Group 2 - Cost Management, Management Information and Control System, Direct taxes, Indirect Taxes.