INDIAN ACADEMY PU COLLEGE
PUC Plus- A Visionary Course
The accounting and finance profession is a dynamic, challenging and
rewarding profession always. The Chartered Accountancy (CA) Course
is a blend of theoretical education and practical training to equip a
person with knowledge, skills, competency, confidence, and attitude
required of a professional accountant. Specifically, a chartered
accountant is specialized in accounting, finance, auditing and taxation.
But all these disciplines are highly integrated to enable a chartered
accountant perform a variety of finance and accounting functions. A
typical chartered accountant can perform as a practicing auditor, chief
accountant, chief finance manger, financial analyst,
stock/commodity/forex market analyst, tax consultant, portfolio
manager, finance advisor, etc. The domain of jobs for a chartered
account is so vast across private sector, public sector, and government
organizations like Indian Railways, India Posts, etc. There is no
organization, whether it is a for-profit organization or a not-for-profit
organization that can function without involvement of a chartered
account either directly or indirectly. In fact, a chartered account is a
family doctor to keep up the financial health of an organization. With
the world becoming more and more integrated by ever-increasing
cross-border trade and investments, the career options for a chartered
accountant are becoming globalized. So a chartered account can place
himself/herself anywhere in the world.
For a student who passed +2 examinations, the Chartered Accountancy
Programme has three levels namely Common Proficiency Test (CPT),
Integrated Professional Competence Course (IPCC) and Final Course.
The examinations are held twice a year in June and December.
Following are the subjects in the entire programme of chartered
accountancy.
Subjects at CPT Level
1. Fundamentals of Accounting
2. Mercantile Law
3. General Economics
4. Quantitative Aptitude
Subjects at IPCC Level
Group I
1. Accounting
2. Law, Ethics and Communication
3. Cost Accounting and Financial Management
4. Taxation
Group II
5. Advanced Accounting
6. Auditing and Assurance
7. Information Technology and Strategic Management
Subjects at Final level
Group I
1. Financial Reporting
2. Strategic Financial Management
3. Advanced Auditing and Professional Ethics
4. Corporate and Allied Laws
Group II
5. Advanced Management Accounting
6. Information Systems Control and Audit
7. Direct Tax Laws
8. Indirect Tax Laws
 Indian Academy PU College offers PUC plus course for the students
who seek admission in the commerce stream of PUC. It consists of
regular PUC course of PU Board of Karnataka and CA-CPT.
 A student who joins PU plus will do all the subjects of PUC
(Commerce) as usual in regular college hours. In addition, he/she
would do CA-CPT outside the working hours of the college.
 PUC subjects are taught by the regular faculty of the college while
the CA –CPT subjects are taught by faculty who are specialized in
teaching the subjects of CA-CPT.
 The teaching hours are not less than 250 for CA-CPT subjects,
spanning over two years of PUC.
 A student who takes admission into PUC Plus in June 2013 will
appear for CA-CPT examination in June 2015.
 As the syllabus of PUC (Commerce) and CA-CPT are highly
overlapping, it may not be difficult for a student to pass both PUC
and CA-CPT.
 As the courses are complementary, with extra teaching and
coaching, the students may aspire to score very high percentage of
marks (even state ranks) in their PUC examinations as well.
 PUC certificate shall be in the usual format of PU Board of
Karnataka state without any mention of CA-CPT.