Commerce graduates like Chartered Accountants, Company Secretary(s) & Cost Accountants are revered, respected and their intellect is acknowledged in every walk of life.

The Governing bodies of these courses namely the CA Course, CS Course and the CWA Course are, The Institute of Chartered Accountants of India (ICAI), The Institute of Company Secretaries of India (ICSI) and The Institute of Cost & Works Accountants of India (ICWAI) respectively, who regularly keep track on the curriculum to update it with the recent updates and developments in the academic field.

With ever increasing competition levels among the students of CA / CS / CWA and the final result percentages still being low it demands from the students a structured method of preparation and a balanced approach to preparation for exams. Students need to practice problem solving and regular preparation through best possible coaching or tuitions available.

We, at Wisdom Academy provide group tuitions for CA, CS, ICWA. We strongly believe learning should be in a disciplined environment. Conceptual clarity and proper understanding of the subject is a vital component for achieving success in any field of education. To inculcate this, we provide teaching based on logic and clarity of concepts. Our qualified and well-experienced tutors always give personal attention to every student.

At Wisdom Academy we have small batch sizes so as to give individual attention to every student, which gives him in-depth conceptual clarity and success in the examinations.

 

Chartered Accountant

This title is an internationally recognized professional designation. A Chartered Accountant is the person who specializes in the fields of audit, taxation and mainly accounting. Many a times he acts as management and corporate caretaker. This professional has taken its peak importance in the industry. Be it big MNCs or small-scale companies and businesses a Chartered Accountant is mostly compulsorily required to manage the company’s money matters.

 

Basic Eligibility Criteria:

A student applying for CA should have passed his/her Higher Secondary examination i.e. (10+2) or any other equivalent examination. Even a Commerce background graduate with Auditing, Commercial Law, Accountancy are known as eligible for pursuing this program. A CA passed candidate specializes in Auditing, Cost accountancy, Accountancy, Taxation.

 

Our Services:

CPT

Course Structure

Preparation for CA starts with clearing the Common Proficiency Test (CPT). A student can appear for CPT when he has appeared for his 12th class exams.

Session

Section

Paper

Marks

I

A

Fundamentals of Accounting

60

I

B

Mercantile Law

40

II

C

General Economics

50

II

D

Quantitative Aptitude

50

 

 

Total Marks

200

 

Pattern of Exam

  • There is one paper divided into 2 sessions of 2 hours each with a break of 1 hour in between.
  • CPT is an objective type exam with MCQs with negative marking
  • A student needs to score a minimum of 30% in each section and an overall score of 50% to pass the CPT exam.
  • The Test will be conducted twice a year: June & December.
  • As seen from the above comparison chart, if the student concentrates on his studies for the Class XI and Class XII examinations, it shall be sufficient to revise those topics effectively for the CPT Exams.
  • The level of knowledge required for CPT is only Basic Knowledge. Hence, detailed “research” into any of the topics is not warranted.

 

After CPT

  • After C.P.T., the student has to appear for I.P.C.C. Exam along with 100 hours of Computer Training with Recognized Institutions.
  • Only after I.P.C.C. Group – I is cleared, three years articleship can be started.
  • After Clearing I.P.C.C both groups and completing 3 years of articleship, the student should appear for and pass final C.A. Exam.
  • On passing Final C.A. Exam, the student becomes a Chartered Accountant.

IPCC

The Integrated Professional Competence Test (IPCC) consists of six subjects divided into two groups, each of them having a separate examination

1. Accounting
2. Business Laws, Ethics and Communication
3. Cost Accounting and Financial Management
4. Taxation

1. Advanced Accounting
2. Auditing and Insurance
3. Information Technology and Strategic Management

Information Technology Training

Students who have registered themselves for IPCC should get themselves registered for 100 hours of ITT classes conducted by ICAI. It is suggested that the student complete the ITT at an early point of time, in order to plan his main exam preparation in a systematic manner and to avoid last minute tension.

CA Final

After passing the IPCC Exams, the student should register with the ICAI, for the Final Course. He should register for Articleship Training and prepare for the Final Exam. He is eligible to appear in the Final Exam, if he has completed the articleship training or is serving the last 6 months of his articleship training on or before the last day of the month preceding the month in which the Final Exam is held.

Pre-requisite: Must have passed IPCC (Integrated Professional Competence Course)

Syllabus:

1. Advanced Accounting
2. Management Accounting and Financial Analysis
3. Advanced Auditing
4. Corporate laws and secretarial practice

1. Cost Management
2. Management Information and control system
3. Direct Taxes
4. Indirect Taxes 

All the subjects have equal weightage of 100 marks each.

Other Requisite: Must do Articleship for 3 years.

 

 

Prominent Features:

  1. Highly qualified and experienced tutors handle the subjects effectively and efficiently.
  2. Unlike regular classroom coaching of CA/CS/ICWA where no personal attention is paid and it has strict class timings, Wisdom Academy’s group tuition have a batch size of not more than 10-12 students thereby providing students with one-to-one attention and making sure all doubts are cleared.
  3. Early morning, evenings and weekend batches for working professionals
  4. Concentration on exam-oriented appreciable number of quality problems to provide a firm grounding for students in various subjects and to face the professional exams with high Confidence
  5. Systematic exploring of syllabus in a scheduled time frame without sacrificing quality and number of classes.
  6. Regular tests to track the progress of students.

 

CA Classes

Wisdom Academy provides group tutions for CPT/IPCC/CA final by experts at Andheri and Borivali centers.