A Chartered Accountant manages budgets, files audits, does risk and tax planning, prepares financial statements, and provides financial advice. The journey to becoming a CA is not easy. It requires much hard work, planning, and mastery in accounting, auditing, tax management, etc. To complete the course, one has to go through 4 stages. The first stage is CPT (Common Proficiency Test) which tests candidates on accounting, Quantitative Aptitude, Mercantile Laws, and General Economics. After passing the CPT, candidates must write IPCC, which consists of 7 papers. Then, they proceed with articleship. Candidates must gain 3 years of practical experience by working at a firm. The last stage is to pass the final CA exam, after which a candidate can register with the ICAI and formally receive the designation of CA.