Eligibility for Chartered Accountancy (CA) at TSA
The current applicable routes to become a chartered accountant are:
General Eligibility for Registration:
- A-Level Students: Minimum of three passes with a grade above D (students with grades below D and above 50% are required to take the Qualifying Assessment Test, QAT).
- Intermediate Students (HSSC): Minimum of 60% marks in any stream (students below 60% and above 50% must appear for QAT).
- Graduates: Minimum of 45% marks.
Entry Route and Program Structure:
PRC Entry (Pre-Requisite Competencies):
- For Students Meeting General Eligibility: Start at the PRC level after registration.
- Provisionally Registered Students: Candidates awaiting results may register as full-time PRC students.
CAF Level and Training Requirements:
- Upon completing PRC, students progress to the Certificate in Accounting and Finance (CAF).
- After CAF, students must join an authorized training organization for a 3.5-year training period, required to qualify for higher stages.
Direct Trainee Scheme for Graduates:
- Eligibility: University graduates with a minimum of 60% marks can register as trainees after passing or receiving exemption from PRC.
- Training During Studies: Trainees can begin training before passing PRC; however, training may be terminated if PRC is not cleared within 1.5 years or available attempts.
- Training Duration:
- 3.5 years for standard CA route.
- 4 years for 2-3 year graduates and equivalent.
- 3 years for 4-year graduates from SDAIs (Specific Degree Awarding Institutions).
Progression Stages in CA Qualification:
- CAF: Certificate in Accounting and Finance.
- CFAP: Certified Finance and Accounting Professional.
- MSA: Multi Subject Assessments.
- Professional Competence Levels: Financial Reporting, Audit, and other competencies required for advanced professional roles.