Chartered Accountancy (CA) has been regarded as one of the challenging courses in Accounting discipline by the students and is one of the prestigious and responsible accounting profession. The course is a perfect blend of theoretical and practical education which prepares students to be able to manage and operate the Business and several organizations. And, with the evolution of information technology and data everywhere, this course has also been covering not just the finance and accounting but also other disciplines of Account and Management as well.
Chartered Accountants are the professionals who have a deep knowledge regarding finance, financial management, and economy and these sectors are everchanging with the change in needs, demands of the people and organizations. Planning, managing, taking care of investments and management, auditing, supervising, guiding etc are some of the responsibilities of a Chartered Accountant. Thus they are an integral part of any private, public or governmental firms and organizations.
Thus the profession of a CA is regarded as one of the highest paying ones.
ICAN is the member of International Federation of Accountants (IFAC), Confederation of Asia and Pacific Accountants (CAPA), and South Asian Federation of Accountants (SAFA). ICAN has been providing medals and awards to the meritorious students who perform well in different levels of CA exam. It also conducts different seminars, conference, and counseling for the students who want to join CA program or are studying it.
Students can join CA course under distance learning method of ICAN and can get admission in any of the Institutes providing CA course in Nepal. Students may also opt for self-learning and then give the examination. Also, there are scholarships for the students for various levels of CA program i.e. CAP I, CAP II, and CAP III which are:
These scholarships are being provided since 2007 AD and include the following:
Under ICAN, CA course is a distance learning based program and has been divided into:
It comprises three papers:
Paper 1: Fundamentals of Accounting
Paper 2: Mercantile Laws and Fundamentals of Economics
Paper 3: Fundamentals of Management and Commercial Mathematics and Statistics
It comprises seven papers which are divided into further two groups:
Paper 1: Advanced Accounting
Paper 2: Audit and Assurance
Paper 3: Corporate and Other Laws
Paper 4: Financial Management
Paper 5: Cost and Management Accounting
Paper 6: Business Communication and Marketing
Paper 7: Income Tax and VAT
It comprises eight papers which are divided into further two groups:
Paper 1: Advanced Financial Reporting
Paper 2: Advanced Financial Management
Paper 3: Advanced Audit and Assurance
Paper 4: Corporate Laws
Paper 5: Management Information System
Paper 6: Advanced Taxation
Paper 7: Advanced Cost and Management
Paper 8: Strategic Management and Decision Making Analysis
The eligibility criterion for CA program can be best described as: