What is difference b/w ca and fca


This query is : Resolved 

(Querist)
24 September 2011 Dear Sir,
Please tell me what is difference b/w CA and FCA

24 September 2011 CA stands for Chartered Accountant.
FCA stands for Fellow Chartered Accountant.
ACA stands for Associate Chartered Accountant.

Members of the Institute are known as Chartered Accountants. Becoming a member requires passing the prescribed examinations, three years of practical training (known as articleship) and meeting other requirements under the Act and Regulations. A member of ICAI can use the title CA before their names. A member of ICAI may either be an Associate Chartered Accountant (A.C.A.) or a Fellow Chartered Accountant (F.C.A.) based on his/her experience.

24 September 2011 thanks expert ji

When person /she (he) acquires membership, remains ACA for the first 5 years and FCA after that.

24 September 2011 It is not necessary to became FCA automatically after completion of 5 years of ACA. because ACA may be in service and not a practicing member.

FCA is who had completed the continuance Practice of 5 years after registered as member the of the ICAI.


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