Principles and practice of accounting is a crucial subject for the CA exam. It covers the fundamental principles and concepts of accounting, including the preparation and interpretation of financial statements, recording transactions, and analyzing business performance. Understanding accounting concepts such as accruals, matching, and consistency is essential for successful completion of the exam. Additionally, knowledge of accounting software and tools is also necessary for practical application in the real world.
Eligibility Criteria
To be eligible to appear for the chartered accountant exam in India, you need to fulfill the following criteria:
Educational Qualification
- You should have completed 10+2 from a recognized board.
- You should have completed graduation in any stream from a recognized university.
Registration
- You need to register with the ICAI for the CA course.
- You need to complete the required period of articleship (3 years) under a practicing CA.
Age
- There is no age limit for appearing in the CA exams.
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