Introduction to CA:

Chartered Accountancy (CA) is a program that equips students with the knowledge and skills needed to succeed in the field of accounting. In Nepal, the Institute of Chartered Accountants of Nepal (ICAN) is the regulatory body responsible for overseeing the CA program. Aspiring chartered accountants in Nepal must pass professional exams and gain practical experience to obtain their CA qualification. Pursuing a career in CA in Nepal can be an excellent option for individuals interested in finance and accounting, regardless of their background in science or commerce.

Eligibility Criteria:

To qualify for the CA program in Nepal, students must have completed their 10+2 or equivalent education from a recognized board and scored at least 50% marks in both aggregate and each commerce subject. There is no age limit for pursuing CA in Nepal, and the program is open to graduates, non-graduates, accountants, and experienced professionals seeking CA qualifications.

To apply, the candidate must complete the application form and provide the following documents, which must be attested by a Gazetted Officer or ICAN Officer. Then, the candidate should submit the application and documents to the Institute.

1. Copy of Mark sheet/Transcript, starting from School Leaving Certificate (SLC) and above
2. Copy of Citizenship Certificate
3. Copy of Character Certificates
4. Receipt of Registration Fee payment.

Curriculum/Syllabus:

The Chartered Accountant program in Nepal is structured into three levels: Foundation, Intermediate, and Final, which has total of 18 papers. The syllabus covers an extensive range of topics, such as accounting, taxation, auditing, financial management, and corporate laws. Below is a detailed summary of the syllabus for each level:

Papers	Subjects/Papers	Levels
Paper-1	Fundamentals of Accounting	CAP-I
Paper-2	Part A – Mercantile Laws Part B – Fundamentals of Accounting	CAP-I
Paper-3	Part A – Fundamentals of Management Part B – Commercial Mathematics & Statistics	CAP-I
Paper-4	Advanced Accounting	CAP-II (Group-I)
Paper-5	Audit and Assurance	CAP-II (Group-I)
Paper-6	Corporate and Other Laws	CAP-II (Group-I)
Paper-7	Financial Management	CAP-II (Group-II)
Paper-8	Cost & Management Accounting	CAP-II (Group-II)
Paper-9	Business Communication & Marketing	CAP-II (Group-II)
Paper-10	Income Tax & VAT	CAP-II (Group-II)
Paper-11	Advanced Financial Reporting	CAP-III (Group-I)
Paper-12	Advanced Financial Management	CAP-III (Group-I)
Paper-13	Advanced Auditing	CAP-III (Group-I)
Paper-14	Corporate Laws	CAP-III (Group-I)
Paper-15	Management Information & Control System	CAP-III (Group-II)
Paper-16	Advanced Taxation	CAP-III (Group-II)
Paper-17	Advanced Cost & Management Accounting	CAP-III (Group-II)
Paper-18	Strategic Management & Decision Making Analysis	CAP-III (Group-II)

Examination Pattern:

The CA program in Nepal follows a rigorous examination pattern. Each paper is of 100 marks, and students must secure at least 40% marks in each paper and 50% marks in aggregate to pass the exam. The exams are usually conducted twice a year, in June and December. The duration of each paper is three hours. The fee structure for the CAP-I level is Rs. 27,500.00 and the CAP-II level is NPR 32,000.00.

Resources for CA:

There are a variety of resources available to CA students in Nepal. ICAN offers study materials, coaching classes, and online resources to help students prepare for their exams. In addition, there are private coaching centers that offer specialised coaching for CA students. Below are some resources that CA students can take advantage of:

• ICAN Study Materials: ICAN provides study materials for each level of the CA program. These materials cover the entire syllabus and are designed to help students prepare for their exams. You can find the link to the student manual for further information here:
• Coaching Classes: There are several coaching classes available for CA students in Nepal. These classes provide specialised coaching and guidance to help students prepare for their exams. British Management College, located in Butwal city, is one such coaching institute that currently offers “Pass Guarantee” for CAP-I. If you’re interested, check out our website
• Online Resources: CA students can also access a range of online resources, including study materials, mock tests, and video lectures. These resources are available from anywhere and can be very helpful in preparing for the exams.

Benefits and Career Opportunities:

Pursuing CA in Nepal can be a great career choice for those who are interested in finance and accounting. Charted Accountancy is a Prestigious and rewarding Profession in society. With the increase in business , CA’s are in high demand in Nepal, and they can work in a variety of industries, including banking, finance, and accounting. Additionally, CA’s can start their own accounting firms and provide services to clients.

A Handsome Salary: A certified accountant in Nepal can typically earn between Rs 500,000 to 600,000 per year, with a starting salary of approximately Rs 500,000. As you gain more experience and expertise in your field, there is potential for a significant increase in salary. Experienced C.A’s, for example, can make up to NPR 20 Lakhs annually. Additionally, registration and exam fees are relatively affordable, making it one of the most cost effective ways to become a certified accountant in Nepal.

Diverse Career Options: CA’s can also work in government organisations, NGOs, and multinational corporations. They can start their own accounting firms and provide services to clients, which can be a great opportunity for those who want to be their own boss and work independently. In addition to these options, CA’s can also work as financial analysts, investment bankers, tax consultants, internal auditors, and management consultants. They can also work in the field of forensic accounting, which involves investigating financial crimes such as fraud and embezzlement. CA’s can also work in the field of education and research, as well as in the public sector as auditors and accountants.

Conclusion:

As the author of this blog on Chartered Accountancy (CA) in Nepal, I am excited to highlight the numerous benefits and opportunities available to those interested in pursuing this career path. The blog covers all aspects of the CA program in Nepal, including the eligibility criteria, syllabus, examination pattern, and resources available for CA students.

I am particularly impressed by the rigorous nature of the CA program in Nepal, which equips students with the knowledge and skills required to become successful accountants. The syllabus covers a wide range of topics, including accounting, taxation, auditing, financial management, and corporate laws. In addition, I am excited to highlight the diverse career opportunities available to CA’s in Nepal, including working in various industries, such as banking, finance, and accounting, and starting their own accounting firms. CA’s can also work in the government sector, NGOs, multinational corporations, and as financial analysts, investment bankers, tax consultants, internal auditors, and management consultants.

Overall, I believe that pursuing CA in Nepal can be a great career choice for those interested in finance and accounting, and I hope that this blog will provide valuable insights and information for those considering this career path.