faq

Ans: The Institute of Chartered Accountants of India (ICAI) (http://icai.org/)

Ans: The Institute of Chartered Accountants of India (ICAI) is a statutory body established under the Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) for the regulation of the profession of Chartered Accountants in India.

Ans: Following are the alternate ways in which you one can start the Chartered Accountancy course:

• Start after 10+2 examination by giving CPT examination
• Start IPC exams after completing graduation in Commerce with 55% marks
• Non-commerce graduate with 60% marks
• Start IPC just after clearing Intermediate exams for CS / CWA

Ans: There are 3 levels of exams conducted by ICAI. These are:

• Common Proficiency Test - CPT (Not required for graduates with 55% marks in commerce stream and 60% marks for other graduates)
• Integrated Professional Competence - IPC
• Non-commerce graduate with 60% marks
• Final

Ans: To enroll for CA course a student needs to register with The Institute of Chartered Accountants of India ( http://icai.org/).

Ans: No, a student has to apply for examination only after appearing in the Senior Secondary Examination (10+2 examination) conducted by an examining body constituted by law in India or an examination recognised by the Central Government as equivalent thereto.

Ans: The CPT exams are conducted twice a year, generally in the month of June and December. A student who registers for the exams with ICAI on or before 1st April will be eligible for the June Examination.

Students registered on or before1st October will be eligible to appear in December examination.

Ans: The examination is Objective type with Multiple Choice Questions (MCQs). Every wrong answer will attract negative marking of 0.25 mark.

Ans: One Paper, Two Sessions 200 Marks

Session I:

Section A: Fundamentals of Accounting - 60 Marks

Section B: Mercantile Laws - 40 Marks

Session II:

Section C: General Economics - 50 Marks

Section D: Quantitative Aptitude - 50 Marks

Ans: A candidate is required to secure a minimum of 30 per cent marks in each Section and a minimum of 50 per cent marks in aggregate, of all the four Sections

Ans: Log on to http://www.icai.org/ To apply for online Registration (http://www.icai.org/cptform.htm )

Ans:Yes. But only for the following categories of students:

• Commerce Graduates with more than 55% marks from a recognised university
• Non-Commerce Graduates with more than 60% Marks
• Any Candidate who has passed the Intermediate Exam conducted by the Institute of Cost Accountants of India or by the Institute of Company Secretaries of India

Ans:GOLS CA Online Coaching will prepare you for CPT exams. For more details click here.

Ans: This is the Level 2 examination for CA Course.

Ans:A person can take the IPC Examination after passing CPT examination and 8 months of study course as on first day of the month in which the examination is to be held. CPT Exempted Students.

Ans: Log on to http://www.icai.org
Apply for online Registration form ( http://www.icai.org/directcaform.html)

• For CPT passed students or students joining after clearing intermediate exams CS/CWA, the articleship starts after clearing Group – I or both groups of IPC examination
• For students joining after graduation, the articleship starts immediately after they register for IPC
• For joining Articleship, every student has to first complete, 100 hours of Information Technology Training (ITT) and orientation course of 35 hours

Ans: As a part of the scheme of education and training for Chartered Accountancy Course, a student has to mandatorily pursue a course on 100 hours Information Technology Training from any of the ITT Centers established at Regional Offices/ branches and Chapters of ICAI all over the country.

Ans:Orientation Programme is a one week programme of 35 hours. The programme focuses on the students to make them complete business managers with an all round personality encompassing managerial skills, soft skills and communication.

Ans: General Management & Communication Skills Course is 15 days full time course introduced to equip the entrants to the profession with interpersonal and management skills.

• CPT passed students can appear for the IPC exams only after completing 8 months of study course
• Students joining after graduation can appear only after completing 8 months of study course and 9 months of practical training both of which can be done together

Ans: The examination will be subjective type.

Ans: Group I:

Paper 2: Business Laws, Ethics and Communication (100 marks)
Part I: Business Laws (60 marks) comprising
Business Laws (30 marks)
Company Law (30 marks)
Part II: Ethics (20 marks)
Part III: Communication (20 marks)

Paper 3: Cost Accounting and Financial Management (100 marks)
Part I: Cost Accounting (50 marks)
Part II: Financial Management (50 marks)

Paper 4: Taxation (100 marks)
Part I: Income-tax (50 marks)
Part II: Indirect Taxes (50 marks)

Group II
Paper 5: Advanced Accounting (100 marks)
Paper 6: Auditing and Assurance (100 marks)
Paper 7: Information Technology and Strategic Management (100 marks)
Section A: Information Technology (50 marks)
Section B: Strategic Management (50 marks)

Ans: If the candidate obtains 40% marks in each subject (a subject is attributed 100 marks) and an aggregate of 50% in all the subjects of each group.

Ans:

• Undergo First General Management and Communication Skills (GMCS) course (15 days) during the first year of articled training.
• Undergo Second General Management and Communication Skills (GMCS) course (15 days) after completion of 18 months of articled training but before completion of articled training. Alternatively, attend Four Week’s Residential Programme on Professional Skills Development.
• Clear Group II of Intermediate (IPC) Examination if not done earlier.

Ans:

• A student who has passed Intermediate / Professional Education (Examination – II) and registered in Final Course and has completed either practical training or is serving the last 12 months of practical training is eligible to undergo the course.
• A student who has passed Professional Competence Course / Integrated Professional Competence Course and registered for Final Course and either has completed practical training or is serving the last 12 months of practical training is eligible to undergo the course.

Ans: A student who completes Four Weeks Residential Professional Skills Development programme organized by the Board of Studies will not be required to undergo GMCS Course.

Ans:This is the Level 3 examination for CA Course.

Ans: Any person who has passed both the groups of IPC and completed 3 year Articleship OR Any person who has passed both the groups of IPC and is in the last six months of articleship.

Ans:Group I
Paper 1: Financial Reporting (100 Marks)
Paper 2: Strategic Financial Management (100 Marks)
Paper 3: Advanced Auditing and Professional Ethics (100 Marks)
Paper 4: Corporate and Allied Laws (100 Marks)
Section A: Company Law (70 Marks)
Section B: Allied Laws (30 Marks)

Group II
Paper 5: Advanced Management Accounting (100 Marks)
Paper 6: Information Systems Control and Audit (100 Marks)
Paper 7: Direct Tax Laws (100 Marks)
Paper 8: Indirect Tax Laws (100 Marks)
Section A: Central Excise (25 Marks)
Section B: Service Tax (50 Marks)
Section C: Customs & Foreign Trade Policy (25 Marks)

Ans:The exams conducted for CA course are very difficult and passing percentage is very low.

Ans: It is normally very difficult to prepare on your own due to many reasons. The most common reason is that if you do not understand a concept/topic/subject, you will get stuck and may feel demotivated. Without Personal coaching and constant guidance, passing the examination will be very difficult. a student you need to be told about where you stand exactly in your preparation and be guided on how to prepare for the exams with constant feedback.

Ans:Yes this is true, but that is a small fraction of the total number of students giving the exams every year.

Ans:Free study material is not structured in a way that you need to study for a difficult exam like CA. Also, a lot of the material is not updated with the changes as required by the exam, and hence can misguide you. So, we recommend you to be very careful while referring to such material.

Ans: It is not compulsory, but it is highly recommended to join coaching for smooth completion of CA course. A few advantages of our coaching are:

• Expert faculties with industry Experience many of whom are Gold medalists, Ph.Ds, CA ,CS, Post Graduates. Most of them have industry experience and hence provide practical exposure
• Personalised guidance from faculty right from scheduling Study Plan till facing the exam and even after the results are declared!
• Video Lectures which are specially recorded for the purpose(Not just recording of classroom lecture) using latest instruments and technology with excellent voice, picture and text clarity, available 24X7
• Convenient and Flexible study from home, office or even on the go. Study anytime, anywhere and as many times. It is device independent with accessibility from any device- desktop, laptop, Android phone
• Hundreds Of Examples to learn from, by way of step-by-step learning and simulations to understand practical subjects like Maths, Statistics, Accountancy, Costing and Taxation
• Numerous case studies and scenario based learning in all subjects of Laws for conceptual understanding
• Collaborative Learning Through Discussion Forum (Non-Live) to post your doubts and queries and receive replies within 48 hours
• Live Virtual Classroom (LVC) sessions where teachers interact with students like you LIVE to deal with difficult topics, case studies. You can also raise doubts and ask questions on the topics of LVC
• Archived LVCs in case if you are unable to attend any LVC, you can still access to the important discussions happened there and also access all previous LVCs
• Live Doubt Clearance (LDC) sessions where teachers interact with you LIVE to solve your doubts on any topic. The beauty of LDC is, your anonymity will be maintained. Therefore, you can raise any doubt or question without slightest hesitation or fear of being ridiculed by peers
• Regular Assignments to test clarity of concepts and level of understanding of different topics. Valuable personalised feedback given to improve answers from exam point of view
• Practice Tests (MCQs) to test your understanding of every topic / subject
• Studies Progress Reports With Feedback given that tells you the percentage of the “lectures” you have “attended”. For example, if your exams are in May and by February you have not completed even 10% to15% of the syllabus, it means you need to increase your pace of learning and give more time to your studies
• Exam Preparatory Series /Mock Exams With Model Question Paper (Marks & Template as per the Institute exam pattern) are conducted to test just before exams and feedback given on improvement areas to maximise your exam preparation
• Last Minute Revision (LMR) which are useful short notes on important concepts and topics for revision before the exam
• Pre-Exam Student’s Helpline by experienced counsellors to help overcome exam related anxieties. The helpline opens 15 days before exams
• Post-Result Student’s Helpline, open up to 10 days after the results, for both successful and unsuccessful students. The counsellors give valuable advice to help chart out future road map to successful students. Instead of ‘giving up’ their dreams of a life changing career opportunity, unsuccessful students get full support, advice and tips on how to go past the unfortunate situation and leverage upon the experiences gained to hit the target next time
• Additional academic support to extra ordinary students who aspire to be rank holders. We identify such students and help and prepare them to reach their goals.
• Flexible fees option pay only for what you enroll, for subjects/ group
• Affordable fees Te@chBest™ offers a complete package of High quality faculties, interactive content, quality academic support and guidance, Student Helpline before exams and after results, Mock Exams with Model Answer papers and personalised feedback, convenience and flexibility of studies - all delivered at affordable fees much lower than Classroom Coaching

To check what our students say about their study experience with GOLS Online Coaching please click here.

Ans: Our focus is to give “Personal Attention and constant Feedback “to every student” who enroll with us. For Comparison with classroom coaching and other eLearning institutes please click here.

Ans: Deciding on the best institute could be a little difficult but if any coaching institute answers below mentioned questions, then you might think to join the same…

• Does the institute have Rank Holders in any of its offered courses and how consistently it is delivering Rank Holders, semester- on- semester?
• Has it won any awards, or recognition from well-known National/State bodies?
• Does the Institute provide flexibility and convenience of studies?
• Are the faculties only busy with completing syllabus or provide special Doubts Solving Session and personalised feedback to students?
• Will the institute track your studies and suggest improvements?
• Will it allow you to sit in the class as a guest student for at least a week before you decide to join?
• Does its faculties have rich industry experience besides, excellence in Academics and teaching experience?
• Is the fees charged reasonable? Does it allow you the flexibility to pay only for what you want i.e. either enroll for your chosen subjects or time duration?

Ans:GOLS is a pioneer, innovator and proven name in Online Coaching in the country.

• GOLS Online Coaching has received following 3 prestigious awards
  • ASSOCHAM National Education Excellence Awards 2013
  • CONCERN Indian Education Innovation Awards 2014
  • eMaharashtra Award 2013
• GOLS has created history in the country by securing AIR-1 in CS exam for the first time through online coaching.
• GOLS also has a unique record of AIRs consecutively for the last 6 semesters in CS exams- 18 in all.

Over 200,000 students from across the country including villages, districts and towns have enrolled themselves with GOLS for Company Secretaries (CS), Chartered Accountancy (CA) and many other courses in the BFSI industry.

Students from over 2000 locations including all state capital, Tier 1,2,3,4 towns and even villages have studied and passed successfully through GOLS. Many have passed even the most stringent exams in their very first attempt.

GOLS has spent hundreds of man years of R&D in all facets of eLearning including, eLearning technology and system integration, custom content, eLearning pedagogy (methodology of instructions), hosting on cloud and support.

Today GOLS has the unique distinction of being a totally integrated eLearning company offering, custom content and courseware, eLearning technology, rigorous academic support with huge academic faculty pool and 16X7 technical and admin support.

GOLS proprietary teaching methodology, Te@chBest enables students to get personal attention and feedback, customised Study Plan, tips on proper time management and constant guidance. Te@chBest helps not just scholars to be AIRs but also common students to be successful with minimum but guided efforts.

Ans: YES. The coaching is delivered by using Internet. If you don’t have live internet connection or slow internet connection, we also provide offline content (in Pen drive/CD/DVD - compatible on windows operating system only) covering the entire syllabus so that you can study without any inconvenience.

In some cases, where there are significant changes (amendments) in any subject, we conduct Live Virtual Classroom (LVC) to update with you latest changes, which you can attend from your home, office or cybercafé.

Alternately, you can also view archive LVC from anywhere at your convenience. Wherever possible we also include such archived LVCs in offline content besides making it available online, so that no student misses out any important topic.

Students from over 2000 locations including all state capital, Tier 1,2,3,4 towns and even villages have studied and passed successfully through GOLS.

Interestingly, many of our students have passed even the most stringent exams in their very first attempt. Please click here to see Students Testimonials of GOLS.

Ans:In Satellite Coaching students still have to travel to a center to attend the class at a fixed date and time. So it’s very inflexible and doesn’t give you opportunity to attend missed classes or repeat lectures. Thus Satellite Coaching is very inconvenient for working and even non-working students who are pursuing other studies alongside.

Besides, those students (boys or girls) who can’t travel to other cities for coaching or homemakers (housewife/ves) who have to look after their families, Satellite Coaching is an impractical option.

In addition, the coaching institute passes on all the costs of expensive real estate, utility bills and maintenance charges etc. to you. Besides, they also advertise heavily, cost of which is passed on to students. Hence overall fees of such coaching institutes remains high.

And above all, Satellite learning is mostly one-way teaching with very little scope of personal attention from the faculties and provides limited opportunity to interact with faculties whose sole priority is to complete the portion within the stipulated time. This leaves with very little time to give feedback, guidance to individual student or solve doubts.

Since Online Coaching is of recent origin comparatively, Satellite Coaching flourished in absence of a viable alternative in spite of all its drawbacks.

But now, students have a much better option. In fact, Online Coaching is flexible, convenient, anywhere, anytime and as many times learning. At the same time it is effective and reasonably priced too.

GOLS Online coaching is much beyond Online Coaching offered by any other players. It offers multi-featured, personalised teaching with rigorous academic support to students. Some of its features are:

A few advantages of our coaching are:

• Expert faculties with industry Experience many of whom are Gold medalists, Ph.Ds, CA ,CS, Post Graduates. Most of them have industry experience and hence provide practical exposure
• Personalised guidance from faculty right from scheduling Study Plan till facing the exam and even after the results are declared!
• Video Lectures which are specially recorded for the purpose(Not just recording of classroom lecture) using latest instruments and technology with excellent voice, picture and text clarity, available 24X7
• Convenient and Flexible study from home, office or even on the go. Study anytime, anywhere and as many times. It is device independent with accessibility from any device- desktop, laptop, mobile
• Hundreds Of Examples to learn from, by way of step-by-step learning and simulations to understand practical subjects like Maths, Statistics, Accountancy, Costing and Taxation
• Numerous case studies and scenario based learning in all subjects of Laws for conceptual understanding
• Collaborative Learning Through Discussion Forum (Non-Live) to post your doubts and queries and receive replies within 48 hours
• Live Virtual Classroom (LVC) sessions where teachers interact with students like you LIVE to deal with difficult topics, case studies. You can also raise doubts and ask questions on the topics of LVC
• Archived LVCs in case if you are unable to attend any LVC, you can still access to the important discussions happened there and also access all previous LVCs
• Live Doubt Clearance (LDC) sessions where teachers interact with you LIVE to solve your doubts on any topic. The beauty of LDC is, your anonymity will be maintained. Therefore, you can raise any doubt or question without slightest hesitation or fear of being ridiculed by peers
• Regular Assignments to test clarity of concepts and level of understanding of different topics. Valuable personalised feedback given to improve answers from exam point of view
• Practice Tests (MCQs) to test your understanding of every topic / subject
• Studies Progress Reports With Feedback given that tells you the percentage of the “lectures” you have “attended”. For example, if your exams are in May and by February you have not completed even 10% to15% of the syllabus, it means you need to increase your pace of learning and give more time to your studies
• Exam Preparatory Series /Mock Exams With Model Question Paper (Marks & Template as per the Institute exam pattern) are conducted to test just before exams and feedback given on improvement areas to maximise your exam preparation
• Last Minute Revision (LMR) which are useful short notes on important concepts and topics for revision before the exam
• Pre-Exam Student’s Helpline by experienced counsellors to help overcome exam related anxieties. The helpline opens 15 days before exams
• Post-Result Student’s Helpline, open up to 10 days after the results, for both successful and unsuccessful students. The counsellors give valuable advice to help chart out future road map to successful students. Instead of ‘giving up’ their dreams of a life changing career opportunity, unsuccessful students get full support, advice and tips on how to go past the unfortunate situation and leverage upon the experiences gained to hit the target next time
• Additional academic support to extra ordinary students who aspire to be rank holders. We identify such students and help and prepare them to reach their goals.
• Flexible fees option pay only for what you enroll, for subjects/ group/duration
• Affordable fees: Te@chBest™ offers a complete package of High quality faculties, interactive content, quality academic support and guidance, Student Helpline before exams and after results, Mock Exams with Model Answer papers and personalised feedback, convenience and flexibility of studies - all delivered at affordable fees much lower than Classroom Coaching