Is a B.Com compulsory for becoming a CA

Is a B.Com compulsory for becoming a CA

Financial degrees are not only hard to secure but are the most valuable too as far as the field of commerce is concerned. The Bachelors of commerce (B.COMM) degree is a great financial degree but it is a great misconception among the masses that it is a part of the requirement for the Chartered Accountant (C.A.). The regulations released by the ICAI states that the basic requirement that is needed to do the Chartered Accountancy is a senior secondary pass certificate and then you can take the foundational route to C.A. he foundational route is for the 12TH pass out who would like to gain insight into the foundation as far as Chartered accountancy is concerned. 

The Chartered Accountancy is divided into three levels that are as follows:

• Foundation 
• Intermediate 
• Final 

A candidate needs to complete the above mentioned stages in order to become a Chartered accountant. Let us now talk about Is a B.Com compulsory for becoming a CA?

The answer to this is no. As mentioned above the candidate who is interested to become a Chartered accountant does not need a Bachelors of commerce degree if they would like to start from the beginning which is the foundation level. However if the candidates are looking for a direct entry into the C.A program then having a B.comm degree can be a great idea. Apart from this a b.com degree ill ensure true understanding of the subjects that are included in C.A. Hence if you consider the bigger picture then getting a B.comm degree is quite helpful and also allows candidates the chance to get a direct entry in the course.

However, there is no denying in the fact that having a B.COM degree makes it easy for the candidates to get through the subjects that they deal with while studying for Chartered accountancy. There is also a lot of similarity between the subjects and therefore the candidates are able to grasp them with much ease. Therefore it is a great option but not compulsory.