Students often get confused about what courses to do along with CA Articleship. So, we are here to clear all of your doubts and confusion by writing a thorough guide for you!! In CA Articleship, students have to give their full-fledge time for such a long period, three years to complete their practical training under a practicing Chartered Accountant. For a long time, some of the students use to implore “Is there any Courses to do along with CA Articleship Training”. The best way to take advantage of this time is by preparing for CA Final along with learning new things in Articleship Training.
But still, with Articleship, some students want to pursue other courses which can enhance their knowledge and can be useful for their career. But students must have read guidelines issued By ICAI related to other courses that can be pursued along with Articleship, before enrolling themself in any other course even graduation. According to guidelines issued by ICAI related to other courses, the articled assistant is required to take permission from ICAI for pursuing courses along with Articleship by submitting a form Named “Form 112”.
There are uncountable courses that students can pursue, but courses that students are going to take with their Articleship should be beneficial for their Future or Proven to be useful for their CA career. So, Down below we have prepared a list of some courses that you can do and are available with CA Articleship.
WHAT IS FORM 112
Form 112 is a Form used to grant permission for courses to do along with CA
In other words, if students have an interest in pursuing an additional course during their Articleship period and wish to enroll in it, they must first obtain permission from ICAI. This permission is necessary regardless of whether the student intends to pursue the course in regular mode or through correspondence, and it is required for both graduation and post-graduation.
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LIST OF COURSES TO DO ALONG WITH CA ARTICLESHIP
1) CS (Company Secretary)
CS is one of the most endeavor courses among the commerce students After CA, and doing CS with CA can give you numerous career options. Although a person could not practice both CA and CS together at a time, the knowledge and degree can help you in getting priority over the number of candidates who are in queue to get the job. So, we added CS to the list of Courses to do along with CA Articleship.
The Chartered Secretary (CS) operates corporate governance and handles legal matters of the company.. The minimum duration of the course is three years and there is an additional exemption in CS Foundation level for the student who cleared the CA Foundation level.
The course has been organized by ICSI (Institute of Company Secretaries of India). There are many similarities between both CA & CS which is very beneficial for Ca students. Therefore, Pursuing CS along with Articleship is the best Option.
2) ACCA (Association of Chartered Certified Accountants) –
The globally recognized course, ACCA (Association of Chartered Certified Accountants), grants the qualification of Chartered Certified Accountant. While CA holds recognition in India, ACCA enjoys global recognition. This implies that pursuing ACCA alongside CA opens doors to international companies for individuals.. ACCA is very much similar to CA along with that it recognizes your CA degree and ACCA gives you exemptions on the basis of your fulfilled qualifications. So, because of all the benefits, we added ACCA on our list of Courses to do along with CA articleship.
The minimum duration of ACCA is 2 years. Candidates must clear all 14 papers to become a member of ACCA. However, if you have already passed Intermediate, you will receive 5 exemptions, reducing the number of papers to clear to 9.
3) CPA (Certified Public Accountant) –
CPA, a globally recognized qualification, excels in the field of Accountancy. This is an accounting Degree known for its eminence in accounting across the whole world. CPA opens up the doors of many Multi-National and international companies for the candidates because of these benefits we added CPA to our list of Courses to do along with CA Articleship.
Pursuing CA with CPA offers the advantage of obtaining a certificate of excellence in accounting. CPA professionals never face unemployment since businesses of all sizes require individuals who can manage their accounting needs.
Next on our list of Courses to do along with CA Articleship, we are adding FRM-
FRM, similar to ACCA and CPA, represents another globally recognized qualification and certification. This course assists candidates in enhancing their understanding of financial risk concepts, boosts their credibility in the field, and increases their earning potential. The Work of FRM is to plan a financial business strategy for a business that can gain a constant up-trend.
Chartered Accountants have great knowledge about Finance. That’s why FRM will be a great advantage for students of CA. FRM needs Five years to complete the professional qualification along with the successful completion of its levels. Hence, students need to continue it, even after completing the Articleship.
5) CMA (Cost and Management Accountant) –
CA along with CMA can give students many career opportunities in the manufacturing concern.
CMA offers expert knowledge on – Cost Accounting, Budgeting, Cost Management, Pricing of Goods and Services, Performance Evaluation, and also Asset Management within an organization.
The Advantage of pursuing CA with CMA is that students will be certified to manage the financial as well as the cost records of the company. students can take part in the financial as well as the pricing decisions of the company. Also, They will get preference over other candidates who are either CA or either Cost Accountants. so, by seeing all the advantages of CMA, we are adding CMA to our list of Courses to do along with CA Articleship.
6) DISA (Diploma in Information System Audit)
next on the list of Courses to do along with CA Articleship, we are adding DISA (Diploma in Information System Audit):-
ICAI recognizes DISA (Diploma in Information System Audit) as a course that focuses on system security and audits.In this Exam only Qualified chartered accountants can apply. ICAI has the authority to conduct it with the license got from ICASA. IT is suitable for students who want to do Bank Audits or Information Systems audits.
7) CISA(Certified Information System Auditor)
CISA is next on our list of courses to do along with CA Articleship :-
CISA has a higher value than DISA because it is an internationally recognized course.
CIA (Certified Internal Auditor) is next on the list of Courses to do along with CA Articleship.
CIA is a certification course in Internal audit by the Institute of internal auditors and has recognization worldwide. With this course, students will gain Worldwide knowledge of GAAP and SOX. Students should go with this course because It gives better opportunities as an Internal auditor.
9)CFA (Chartered Financial Analyst)
CFA (Chartered Financial Analyst) is next on the list of courses to do along with CA Articleship
CFA is a qualification course that is in demand by MNC for Investments and managing their portfolios. students having great interest in the financial sector can do this course. But it is time-consuming it takes 4 Years of practice training experience
10) LLB (Bachelors of Law)
LLB is one of the trending courses in India. bachelors of law is a postgraduate program in India. candidates must have to give an entrance test of common law admission test, law school admission test, and All India law admission test. It is best for students who have an interest in the legal field, that’s why we added LLB (Bachelors of Law) on the list of Courses to do along with CA Articleship.
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