How difficult is it to become a Chartered Accountant? In India, I have heard that only 5% of the entrants pass the CA exam. Is this true?

Chartered Accountancy (CA) is one of the most difficult professional qualifications. Pass rate of CA examination is traditionally very low. Analysis of past few years result indicate, that average pass percentage is traditionally below 5% across the country. Institute of Chartered Accountants of India (ICAI), which conducts the exam, has not specified any particular reason for the low pass rate and always attributed it to performance of the students. As per ICAI, the content in the question paper is totally from the study material provided to the students. Students are scored on what they write in examination. Students need to focus on how to learn and acquire knowledge rather than just clearing the exam. If CA aspirants, plan and prepare methodically, then you can easily clear CA.

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Pass rate of CA examination is traditionally very low. Analysis of past few years result indicate, that average pass percentage is traditionally below 5% across the country. Institute of Chartered Accountants of India (ICAI), which conducts the exam, has not specified any particular reason for the low pass rate and always attributed it to performance of the students. As per ICAI, the content in the question paper is totally from the study material provided to the students. Students are scored on what they write in examination. Thank you.

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The short answer: YES. The long answer has been written w.r.t. the Indian Chartered Accountancy exam. 1. The 1st Level a. Common Proficiency Test (CPT) which is an objective based test. b. The earliest you can take this test is along with you 12 grade exams. So, you are expected to balance and score well both in your HSC and your CPT. c. The passing percentage of CPT is roughly around 25%. 2. The 2nd Level a. Integrated Professional Competence Exam (IPCE) which comprises of 7 papers. b. These 7 papers are divided into 2 groups which can be either taken individually or together. c. Assuming a person clears in the first attempt in CPT, he / she is expected to study and pass IPCE along with first year of B.Com. d. The passing percentage is roughly around 10% 4. The Final Exam a. The Final Exam comprises of 8 papers divided into 2 groups. b. Assuming a person clears all the previous exams at the earliest and also undergoes articleship as prescribed, he will be eligible for this exam at the age of 21. c. The passing percentage is roughly around 8%.

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