The Institute of Chartered Accountants of Nepal (ICAN)
CAP - III is the final stage of Chartered Accountancy Course. The duration of CAP - III / Final Course is three year. This course along with the practical training is basically designed to give the students a deeper insight into advanced level of professional expertise and skills. During the final level course, students should undergo paid articleship training for the period of three years under a practicing Chartered Accountant.
How to apply for admission to CAP - III / Final Course?
Student should apply with an application form duly filled up in prescribed manner along with a contract of articleship with a Chartered Accountant Member in practice to serve as an articled trainee for practical training. The Articleship Deed shall be duly filled and signed both by the Principal and the Articled Trainee. Beside, the following attested documents also shall be submitted.
Is there any deadline of Registration?
Examination is held twice a year - one in June and the other in December. For appearing in the June examination registration should be done on or before the end of May and on or before end of November for the December examination.
What are the fees for Registration?
Registration fee for CAP - III / Final course is Rs. 30,000/- to be paid at the time of registration along with other applicable fees. However, the registration fee can also be paid on installments. Accordingly, Rs. 15,000/- shall be paid at the time of registration and balance amount shall be paid within 30th November for the students registered till 31st May and within 31st May of the next year for the students to be registered till 30th November. The registration fee shall not be refundable and includes cost of Institutes' Study Material, Pre-test exam, Institute's Newsletter and Institute's Journal.
To enroll in the Final Level, a candidate must have:
The CAP - III / Final course consists of eight papers, each carrying 100 marks and divided into two groups:
PAPER 1 : Advanced Financial Reporting
PAPER 2 : Advanced Financial Management
PAPER 3 : Advanced Audit & Assurance
PAPER 4 : Corporate Laws
PAPER 5 : Management Information & Control System
PAPER 6 : Advanced Taxation
PAPER 7 : Advanced Cost & Management Accounting
PAPER 8 : Strategic Management & Decision Making Analysis