Chartered Accountancy Professional-II Level

Duration: – 9 months

Entry requirements

The following are eligible to register for CAP-II Level:
CAP-I Level Examination passed, or

Acquire a graduate or postgraduate degree in commerce, business administration, or management with accounting, auditing, or taxation as a major and a minimum of 50% overall, or

Acquire a minimum cumulative GPA of 60% and be a graduate or post-graduate in a field other than those mentioned above.

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-II level comprises 7 papers follows:

Group I
# Paper Marks
Paper 1      Advanced Accounting 100 Marks 100 Marks
Paper 2      Audit and Assurance 100 Marks
      Paper 3                                               Corporate and Other Laws                                                                100 Marks                               
Group II
# Paper Marks
Paper 4  Financial Management 100 Marks
Paper 5 Cost and Management Accounting 100 Marks
Paper 6 Business Communication and Marketing 100 Marks
Paper 7 Income Tax and VAT 100 Marks

Registration Fees (ICAN): 33,200/-
Examination Fees (ICAN): 7,200/-

  • 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.