Know more about Chartered Accountancy Under ICAN
Eligibility Criteria
Eligibility Criteria for Chartered Accountancy Under ICAN (CAP I):
- +2 passed (or result waiting) student from any stream who have maintained (or expected to maintain) average C+ or CGPA 2.4 in +2 level
- Graduates or Post Graduates who have scored less than 50% in Commerce and/ or less than 60% in any faculty other than Commerce.
Course Duration Under ICAN
Course duration for Chartered Accountancy Under ICAN:
CAP I: 6 Months
CAP II: 9 Months
CAP III: 3 years (including articleship period)
Course Content Under ICAN
CAP I | CAP II | CAP III |
|---|---|---|
Paper 1: Fundamentals of Accounting | Paper 1: Advanced Accounting | Paper 1: Advanced Financial Reporting |
Paper 2: Part A Mercantile Laws
Part B Fundamentals of Economics | Paper 2: Audit & Assurance | Paper 2: Advanced Financial Management |
Paper 3: Part A Fundamentals of Management PartB Commercial Mathematics & Statistics | Paper 3: Corporate & Other Laws | Paper 3: Advanced Auditing |
Paper 4: Financial Management | Paper 4: Corporate Laws
| |
Paper 5: Cost & Management Accounting | Paper 5: Management Information & Control System | |
Paper 6: Business Communication & Marketing | Paper 6: Advanced Taxation | |
Paper 7: Income Tax & VAT | Paper 7: Advanced Cost & Management Accounting | |
Paper 8: Strategic Management & Decision Making Analysis |
Note: CAP I consists of 50% subjective and 50% objective pattern, whereas CAP II & CAP III consists of 100% subjective.
Registration Deadline
Registration deadline: CAP I Under ICAN for December attempt is 31 May & for June attempt is November 30.
Fees & Scholarships
Fees
CAP I | CAP II | CAP III | |
|---|---|---|---|
ICAN Registration Fee | 30,100 | 33,200 | 40,000 |
Exam Fee | 3,200 | 7,200 | 8,200 |
Performance Based Rewards:
- Internal Test
- Class Topper: Rs. 5000
- Class Runner up: Rs 2000
2. Mock Test
- Elite CA Topper: Rs. 10000
- 1st Runner up: Rs. 7000
- 2nd Runner up: Rs 5000
Scholarships
GPA | Scholarship |
|---|---|
4 GPA | 35% Scholarship |
3.9 GPA | 30% Scholarship |
3.8 GPA | 25% Scholarship |
3.7 GPA | 20% Scholarship |
3.6 GPA | 15 % Scholarship |
3.5 GPA | 10% Scholarship |
3.4 GPA | 10% Scholarship |
Special Discount For College Toppers. |
This Fees doesnot include institute fee. It will be charged separately Note: Terms & Conditions applied for scholarships.
Passing Criteria
Passing Criteria of CAP I Under ICAN:
A candidate shall be declared passed in the CAP-I Examination under mention conditions
• A candidate shall be declared passed in all papers simultaneously if he/she secures at one sitting.
• A minimum of 40% marks in each paper with an aggregate of 50% of all the papers.
Passing Criteria of CAP II & III Under ICAN:
A candidate will be declared to have passed CAP-II Examination only if he passes in boththe groups.
i) a minimum of 40%in each paper of each of the group and an aggregate of 50%of all the papersof each of the groups OR
ii) a minimum of 40% in each paper of both the groups and 50% in the aggregate of all the papersof both groups taken together.
iii) A candidate shall be declared to have passed in one group if he/she secures at one attempt a minimum
of 40 % in each paper of the group and 50% in the aggregate of all the papers of that group.
Note:
Exemption (Only for CAP II & CAP III) : A student who has scored 60% or more in any paper(s) but has failed in that group, shall be entitled for exemption in that particular paper(s), provided, he has scored a minimum of 30% in any one of the subjects of that group, and should have attempted all the papers in that group.
The exemption shall remain valid for the next three consecutive examinations but those students who are entitled for exemption are not considered for rank.
Distinction: A student securing 75%or above, in the aggregate of both groups, at one sitting, shall be considered to have secured distinction.
Verification of Marks: A candidate may apply to the Institute within a period of 30 days from the date of declaration of results of the examination accompanied with the requisite fees for verification of marks in any paper(s). However, re-evaluation of the answers is not permissible.
Stipend to Articled Trainees Under ICAN
Year | Amount |
|---|---|
1st Year | NRs. 4000 |
2nd Year | NRs. 5000 |
3rd Year | NRs. 7000 |
