The CAP-I level comprises 3 subjects as follows:
CAP-I is a basic course for Chartered Accountancy Course. The duration of CAP – I / Foundation Course is one year. The course has been designed to provide students basic knowledge and skills as part of the entry standard for the professional level.
Registration for the CAP – I Course is opened throughout the year. Student should apply filling up Application Form prescribed by Annexure 1 (Rule – 2061) along with copies of Mark sheet / Transcript and Character Certificate of SLC and 10+2 (PCL), copy of Citizenship or Passport and Receipt of Fee Pad.
Examination and Passing Criteria
Examinations are held twice a year (June and December). However, a student is required to complete the prescribed period from the date of registration to appear in the examination. A student is declared passed if he / she secures a minimum of 50% in aggregate and 40% in each subject in each level.
IT (Practical) Training
Information Technology Practical Training is designed for 100 hours. Students should register and take training in two sessions. They are required to complete basic level of 60 hours training in CAP II and the rest 40 hours advanced level course in CAP III level. Students are required to pay the prescribed amount by the ICAN to register for the IT practical training.
Articleship Training
After the completion of Intermediate (CAP-II) level, students are required to join articleship training for 3 years under a practicing Chartered Accountant member. But the students admitted to CAP-II Level from Bachelor Degree may join Articleship Training after passing group 1st of CAP-II Level. Students will get some prescribed amount of stipend during the training period.
The CAP-I level comprises 3 subjects as follows:
| # | Subjects | Marks |
|---|---|---|
| Subject 1 | Fundamentals of Accounting | 100 Marks |
| Subject 2 | Mercantile Laws and Fundamentals of Economics | 100 Marks |
| Subject 3 | Fundamentals of Management and Commercial Mathematics and Statistics | 100 Marks |
Registration Fees (ICAN): 30,450/-
Examination Fees (ICAN): 3,200/-
