Overview
The Chartered Accountancy (CA) CAP-I level, offered by Gurukul CA, marks the entry point into the challenging and rewarding world of Chartered Accountancy for aspiring students. Eligibility for enrollment into this foundational level requires students to have appeared for their Grade XII exams, with an emphasis on inclusivity, allowing students from various streams—Science, Management, Law, Humanities, and A Levels—to embark on this prestigious journey.
The CAP-I curriculum is meticulously designed to lay a robust foundation in accounting principles, without necessitating prior knowledge in the subject, thereby ensuring a level playing field for all entrants. Gurukul CA enhances this educational journey with a range of scholarships, rewarding merit, college topper achievements, consistent performance in weekly tests, outstanding results in Gurukul's scholarship exams, and exceptional performance in the CAP I Board Exams conducted by ICAN. This comprehensive approach, coupled with a focus on quality education, skilled faculty, and a supportive learning environment, positions Gurukul CA as a beacon for CA aspirants in Nepal, setting them on a path to professional success and distinction in the field of Chartered Accountancy.
Eligibility Criteria for CAP - I Registration
- Grade XII Examination: Candidates must have appeared for their Grade XII exams. Registration under ICAN is permissible even if the Grade XII results are pending. However, if results are already published, candidates can proceed with the registration process.
- Minimum GPA Requirement: For students with pending Grade XII results, it's crucial to anticipate a GPA of 2.4 or above. Registrations may be canceled by ICAN if the final grades fall below this threshold.
- Stream Flexibility: Students from diverse academic backgrounds, including Science, Management, Law, Humanities, and A Levels, are eligible to enroll in CAP I, provided their educational level is equivalent to Grade XII.
FAQs About CAP - I
- Accounting Background: Science students or those from non-commerce streams do not need prior accounting knowledge. The CAP I syllabus is designed to build foundational accounting skills from the ground up.
- Required Documents for ICAN Registration:
- SEE Marksheet and Character Certificate
- Plus Two Transcript (Grade XI mark sheet for those awaiting Grade XII results)
- Plus Two Character Certificate (Grade XII admit card for those awaiting results)
- Passport size photographs
- Signature on plain paper
- Citizenship Certificate (Applicants may submit a written request for a later submission if not currently available, but it must be provided before the CAP I exam registration.)
Admission Process for Gurukul CA
- Documents Needed: Plus Two Transcript (or Grade XI mark sheet if awaiting results), passport size photographs, and, if applicable, a letter from college for scholarship claims.
- Online Registration: ICAN only accepts online registrations for CAP I. Gurukul CA facilitates both online and offline admissions for students' convenience.
Registration Deadlines
- Exam Schedules: CAP I exams are conducted twice a year, in June and December. Deadlines for registration are set as November 30 for the June exams and May 31 for the December exams.
- Important Dates: For June exams, the cutoff date is around November 30 (Mangshir 15), and for December exams, it is May 31 (Jestha 15).
Special Note for Recent Grade XII Exam Takers
Students who have recently completed their Grade XII exams and are interested in pursuing CAP I should act swiftly due to the tight registration timeline post-exams. Out-of-valley students must get in touch immediately after their exams conclude. In-valley students are encouraged to visit Gurukul CA for counseling and further information on the admission process.
Eligibility and Preparation for CAP I Exams
To qualify for the CAP I exams, students must:
- Achieve a Minimum Score: Secure at least 40% in each of the five subjects during the Pre-Test Exams conducted by ICAN.
- Obtain an Eligibility Certificate: Issued upon passing the Pre-Test Exams.
- Complete 6 Months Post-Registration: A mandatory period before taking the CAP I exams.
- Fulfill Administrative Requirements: Complete exam forms and clear all dues.
Pre-Test Exams Details
- Format: These exams are held online, requiring a stable internet connection and a computer.
- Objective: Students must score at least 40% in each subject to pass, without the need for a 50% aggregate, unlike in the final exams.
CAP I Exam Schedule and Structure
- Timing: Exams typically occur over the first three days of December and June, with no breaks between papers. December exams are usually scheduled for December 1-3, and June exams for June 1-3.
- Procedure: Candidates must fill up exam forms available on the ICAN website and check the exam schedule and centers in the official notice from ICAN.
Passing Criteria for CAP I
A student is considered to have passed the CAP I exams if they:
- Score at least 40% in each subject.
- Achieve an aggregate of 50% or more across all papers.
- Complete all papers in one attempt.
Additional Notes
- CAP I does not offer subject-wise exemptions or group divisions as in CAP II and CAP III.
- The use of scientific calculators is prohibited during exams.
- Scoring 75% or above qualifies a student for Distinction.
- ICAN also announces the All Nepal Ranks for the top 10 scorers of CAP I alongside the results.
Fee Structure for CAP I
- ICAN Registration Fee: NPR 30,100, which can be paid in full or in two installments (NPR 17,600 upon registration and NPR 12,500 within 3 months).
- ICAN Exam Fee: NPR 3,200.
- Gurukul CA Tuition Fee: NPR 80,000, payable in two installments (NPR 10,000 upon admission and the balance within the next 2 months).
- Total Fees: Approximately NPR 1,13,300.
Gurukul CA Scholarship Programs:
Gurukul CA is committed to recognizing and rewarding academic excellence, leadership, and achievements among its students. With a variety of scholarships available, Gurukul CA ensures that outstanding students have the opportunity to pursue their Chartered Accountancy education without financial constraints. Here's an overview of the scholarship schemes offered:
1. Merit-Based Scholarships
This scheme offers tuition discounts based on the grades obtained in Class 11 or 12, encouraging students to excel academically. The discounts are allocated as follows:
- A+ Grade
- 1 Grade: 6% discount
- 2 Grades: 7% discount
- 3 Grades: 8% discount
- 4 Grades: 9% discount
- 5 Grades: 10% discount
- A Grade: 4% discount
- B+ Grade: 3% discount
- B Grade: 2% discount
2. Scholarship for College Toppers
Recognizing top performers, this scholarship rewards students who secured top positions in their college in either Grade 11 or 12:
- 1st Position: 15% tuition fee discount
- 2nd Position: 10% tuition fee discount
- 3rd Position: 5% tuition fee discount
To claim, students must provide a certificate from their college verifying their position.
3. Weekly Test Performance Scholarship
Rewards based on weekly test performances aim to encourage consistent study habits and academic competitiveness:
- 1st in 4 Consecutive Tests: Cashback of Rs 10,000
- Aggregate Weekly Test:
- 1st Position: Cashback of Rs 7,000
- 2nd Position: Cashback of Rs 5,000
- 3rd Position: Cashback of Rs 3,000
4. Gurukul's Scholarship Exams
These scholarships offer significant financial support and are a testament to Gurukul CA's investment in student success:
- 1st Position: 100% of CAP I tuition fee refunded or adjusted for CAP II
- 2nd Position: 60% of CAP I tuition fee refunded or adjusted for CAP II
- 3rd Position: 30% of CAP I tuition fee refunded or adjusted for CAP II
5. CAP I Board Exam Scholarships
Outstanding performance in the CAP I Board Exams conducted by ICAN is rewarded with substantial tuition fee waivers for CAP II:
- All Nepal Rank One: 100% tuition fee waiver
- Rank Two to Five: 60% tuition fee waiver
- Rank Six to Ten: 30% tuition fee waiver
- Above 75% Score: 10% tuition fee waiver
This guide aims to simplify the CAP I registration process for aspiring CA students, ensuring clarity on eligibility, required documentation, and registration timelines. Gurukul CA welcomes students from all streams, offering robust support and resources to kickstart your journey in the Chartered Accountancy profession.
