CAP – III is the final stage of Chartered Accountancy Course. The duration of CAP – III / Final Course is three year. This course along with the practical training is basically designed to give the students a deeper insight into advanced level of professional expertise and skills. During the final level course, students should undergo paid articleship training for the period of three years under a practicing Chartered Accountant. 

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 Courses:

The CAP-III level comprises 8 subjects follows:

Group I
# Subject Marks
Subject 1 Advanced Financial Reporting 100 Marks
Subject 2 Advanced Financial Management 100 Marks
Subject 3 Advanced Audit and Assurance 100 Marks
Subject 4 Corporate Laws 100 Marks


Group II
# Subject Marks
Subject 5 Management Information and Communication System 100 Marks
Subject 6 Advanced Taxation 100 Marks
Subject 7 Advanced Cost and Management Accounting 100 Marks
Subject 8 Strategic Management and Decision Making Analysis 100 Marks

Registration Fees (ICAN): 40,900/-
Examination Fees (ICAN): 8,200/-

  • Fees are subject to change from time to time

Eligibility Criteria

The following are eligible to register for CAP-III Level:

Passed the CAP-II Level Exams for both categories.

By registering an Articleship Deed, you’re officially registered as an article trainee working under a licensed Chartered Accountant. The Articleship Deed must, however, be filed to ICAN within a month of the date of signing it, as must be mentioned.


CA CAP-III Faculty Members

Coming Soon