CA After 12th Commerce – Chartered Accountant has become a dream of every commerce student. It is a highly reputed course in the Commerce field. The course with fascinating financial rewards, unexpected fame, and untold challenges.
Most of the students having commerce with Maths till class 12th have a dream of becoming a CA but students having commerce without maths also have a great interest in the Chartered Accountant course.
Many students want to know whether they can become a CA after 12th commerce with or without maths. So, the answer to this question is, YES.
In this article, we will showcase how to become CA for 12th commerce, if you have or don’t have maths. And talk about how a Non-maths student can pursue this course and what challenges will come across on his journey. Let’s talk more about challenges for a Maths and Non-Maths student but before that look at the general course requirements.
The entire CA course is divided into four steps –
- CA Foundation
- CA Intermediate
- Practical Training for 3 years
- CA Final
The Institute of Chartered Accountants has revised its curriculum and replaced entrance-level CPT (Common Proficiency Course) with the CA Foundation making it more challenging for the upcoming students.
Student Who wants to know about the complete details of Chartered Accountant. Check this article CA Kaise Bane to know the full details of the CA Process.
How to Become CA after 12th Commerce?
According to the CA Foundation eligibility, students can pursue this course after the 12th examination. You can register for the CA Foundation exam after appearing in the 12th examination and will be eligible to sit in the Foundation examination after passing the 12th examination constituted by law or recognized by the Central Government and undergoing the study period of four months.
The CA Foundation syllabus comprises of four subjects. The CA Foundation paper pattern of two of will be subjective and two will be objective. One paper in the objective paper pattern includes Business Mathematics, Logical Reasoning, and Statistics. The best part is that the paper pattern for Business Mathematics, Logical Reasoning, and Statistics is still objective and students can try their luck. Negative markings will continue to be in the objective papers. However, for every wrong answer, only ¼ marks will get deducted and every correct answer will help you in achieving one mark.
Students are required to secure 40% marks in individual subjects and 50% in aggregate of all the subjects to crack this exam. So, if you want to crack this exam and get entered into the Chartered Accountancy course you will have to clear this paper also, by securing a minimum of 40% marks. To prepare for the exams in a better way, students should join CA Foundation coaching.
Also Check: How to become CA after 12th Science
CA Course after 12th Commerce with Maths
Students from a Maths background in the class 12th would get the benefit of cracking the entrance level of the Chartered Accountancy course i.e. CA Foundation. The courses in Business Mathematics, Logical Reasoning and Business Statistics are almost similar to what you have studied in your senior secondary classes. So, you will get an advantage or say relief from preparing one subject.
Must Check: CA Course Duration After 12th
CA Course After 12th Commerce Without Maths
Even if you are a Non-Maths student, you can also pursue the CA course. However, it is a bit more difficult for the non-maths students in the CA Foundation exam than the maths students, but the further journey will be the same challenging for both students.
This doesn’t mean that for the further levels i.e. CA Intermediate and CA Final you will not going to face any practical subjects. Besides Accounts, Finance and Cost will always be the core subjects under the Chartered Accountancy course where a lot of challenging sums are welcoming you.
Now let us discuss how to prepare for the CA Foundation Maths exams.
The CA Foundation Maths paper is divided into three sections one is Maths, second is Statistics and third is Logical Reasoning. Besides the Maths, the other two sections can be scored for the non-maths students. The Logical reasoning section contains 20 marks and the other two sections cover the remaining marks equally divided among themselves i.e., 40 marks.
Being the easiest section, questions are a bit lengthy in Statistics as it contains huge calculations. And the logical reasoning is also the scoring part. The fear in attempting these sections is silly mistakes and duration in solving questions. But this is no more school. ICAI does not want you to do the labour work. You will not have to do the calculations by hand.
12-digit calculators are permitted in the CA Exams. The only thing you have to do is grasp command over the use of a calculator like learn M+, M-, G etc. This will save you very crucial time and in this way, you can easily attempt the major portion and crack the entrance level.
As you know ICAI has given a minimum of four months study period after registration to appear in the Foundation exam. So, it would be better to join coaching for this subject. Proper guidance is necessary from the correct mentor who can judge your capability and give you correct advice.
Once you pass this entrance exam the next levels that come across in your journey is CA Intermediate and CA Final. As we have already discussed besides Accounting, Finance and Cost are the core subjects in this course. It is always better to join coaching for the further levels.
The above guidance is only for the CA Foundation assuming that you love the Accounts but the only fear is Maths.
Now, What if somebody is really bad at maths but still wants to become a chartered accountant?
Well, in that case, you need to focus on the other 2 sections apart from maths i.e., Logical Reasoning and Statistics.
Also Check: Total CA Course Fee for Foundation, Intermediate and Final
Direct Entry Scheme in the CA Course
There is a big relief given by the ICAI to Graduate and Postgraduate students to register directly with the CA Intermediate without passing the CA Foundation. So, you can begin with the CA Intermediate after graduation by the direct entry scheme securing minimum marks in graduation that is 55% for Commerce students and 60% for Non-commerce students.
If you are good in the practical portion and love to solve the sums then only you are advised to pursue the CA course otherwise you may pursue other courses in commerce like CS, MBA etc. where you need to grab the command over the theoretical portion.
Chartered Accountants play a major role in the growth of the business as they are highly qualified professionals. They are expected to analyse the Financial situations and Financial operations of the business and of course, suggest ways to resolve the same.
They also act as brilliant advisors for investment purposes. Vast knowledge of finance and the share market. They play with the figures in the financial world. So, if you are expecting that you can live far away from Maths after becoming a CA then it is not even possible.
Check the complete details of the VSI CA Intermediate coaching from this page.
Conclusion
In this article, we have provided a detailed explanation of becoming CA after 12th commerce with or without maths. Importance of Maths in Chartered Accountancy course and how a Non-maths student can easily crack the CA Foundation exam. Besides the above, guidance has been provided for the theoretical lovable students.
Also Check: CA vs CMA