Chartered Accountancy Professional-I Level

Duration: 6 months

Duration: – 6 monthsEntry requirements

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

Completed recognized educational institution’s higher secondary (10+2) program, certificate level, level, or comparable test.

Graduates/Post Graduates who did not qualify to apply immediately for the CAP-II Course because they received less than 50% in commerce and less than 60% in faculties other than commerce (see CAP- II Level registration criteria).

Chartered Accountancy Course

The Nepal Chartered Accountants Act, 1997 authorized the establishment of the Institute of Chartered Accountants of Nepal (ICAN) with the goal of boosting public confidence in accounting.

The Course:

The CAP-I level comprises 3 papers follows:

  #  Paper  Marks
  Paper 1    Fundamentals of Accounting  100 Marks  
  Paper 2    Mercantile Laws and Fundamentals of Economics  100 Marks  
  Paper 3    Fundamentals of Management and Commercial Mathematics and Statistics     100 Marks    

Registration Fees (ICAN): 30,450/-
Examination Fees (ICAN): 3,200/-

  • Fees are subject to change from time to time

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.