Chartered accountant (CA)

Chartered Accountant (CA) at Merryland College, Biratnagar

If you're a student aiming to enter one of Nepal's most respected and regulated financial professions, the Chartered Accountancy (CA) program can open doors to long-term career growth. Whether you're from a Management stream or just finished your +2 studies, you might be wondering: Is CA the right choice for me? What will it take to succeed?

Here’s a detailed breakdown of what the CA course at Merryland College, Biratnagar, offers and how it aligns with your academic and professional goals.

Course Overview

The CA program at Merryland College, Biratnagar is delivered in full compliance with the syllabus, registration, and examination framework governed by the Institute of Chartered Accountants of Nepal (ICAN). As a recognized academic institution based in Biratnagar, Merryland College prepares students for all three levels of the CA qualification:

• CAP-I (Chartered Accountancy Professional – I)

• CAP-II

• CAP-III

This program is ideal for students who want to pursue a career in accounting, audit, taxation, corporate law, or finance. The course structure and mentorship approach are built around helping students systematically clear each stage of the ICAN exam.

Quick Highlights

• Program Name: Chartered Accountant (CA)

• Institution: Merryland College, Biratnagar

• Affiliation: Institute of Chartered Accountants of Nepal (ICAN)

• Location: Rangeli Road, Biratnagar, Morang

• Levels Offered: CAP-I, CAP-II, CAP-III

• Mode of Study: Full-time academic support + ICAN Registration

Curriculum Details

The CA curriculum is divided into three progressive levels, each building on the previous one.

CAP-I

• Fundamentals of Accounting

• Mercantile Law

• Economics

• Mathematics and Statistics

CAP-II

• Corporate Laws

• Advanced Accounting

• Business Communication

• Income Tax and VAT

• Cost and Management Accounting

• Auditing

CAP-III

• Advanced Financial Reporting

• Strategic Management and Decision Making

• Advanced Auditing and Assurance

• Corporate Governance and Ethics

• Dissertation or Research-Based Project

Each level must be passed in sequence. Students can only progress to the next level after clearing the earlier one as per ICAN regulations.

Course Objectives

• Prepare students for ICAN examinations through regular classes, revision sessions, and mock tests.

• Build core financial and accounting expertise relevant to both Nepali and international business environments.

• Develop practical competencies in auditing, tax planning, reporting, and financial decision-making.

• Support ethical practices and a deep understanding of Nepal's accounting laws and standards.

Scope in Nepal and Beyond

Students completing CA through ICAN are legally certified to work as Chartered Accountants in Nepal. They can work in:

• Private audit firms

• Government bodies (e.g., Office of the Auditor General)

• Banks and financial institutions

• NGOs/INGOs

• Large manufacturing and service organizations

Additionally, this qualification has growing recognition in countries like India, UAE, and Australia. Some students choose to later pursue CPA or ACCA for international practice rights.

Learning Outcomes

After completing the CA program at Merryland College, students are expected to:

• Interpret and apply Nepal Financial Reporting Standards (NFRS)

• Prepare corporate-level financial reports and analysis

• Conduct statutory audits and internal audits

• Navigate complex tax structures and perform tax planning

• Demonstrate ethical responsibility and independent judgment

Skill Development Modules

In addition to theoretical preparation, Merryland College emphasizes:

• Case study analysis

• Tax return preparation workshops

• Budgeting simulations

• Legal compliance tracking

• Accounting software practice (e.g., Tally, Swastik, MS Excel)

This hands-on learning helps students bridge the gap between textbook knowledge and real-world challenges.

Teaching Methodology

The CA preparation program at Merryland College involves:

• Structured classroom teaching by experienced faculty

• Regular tests and performance tracking

• Special weekend sessions for working students (where applicable)

• Discussion-based learning and problem-solving workshops

• Guidance for ICAN form filling and exam preparation strategy

Each student is mentored based on individual progress and needs, ensuring personalized academic support.

Admission Requirements

For CAP-I

• Completion of Grade 12 (NEB) or equivalent (Science/Management stream preferred)

• Minimum GPA or marks as per ICAN criteria

• ICAN registration and admission through the prescribed process

For CAP-II and CAP-III

• Successful clearance of CAP-I and CAP-II, respectively

• Submission of all documentation as per ICAN guidelines

Merryland College offers support throughout the ICAN registration process, including document verification and assistance with the application form.

Career Opportunities

A Chartered Accountancy qualification opens career paths such as:

• Internal Auditor

• Statutory Auditor

• Financial Analyst

• Management Consultant

• Tax Advisor

• Risk Manager

• Finance Controller

• Chief Financial Officer (CFO)

Students from Merryland who clear the CA qualification are eligible to practice independently or work under license with firms across Nepal.

Scholarships and Financial Aid

Merryland College supports meritorious and economically disadvantaged students pursuing CA through:

• Need-based partial fee waivers

• Academic merit-based scholarships

• ICAN fee subsidy application support

• Special support for female and rural applicants (as per available quota)

Scholarship schemes may vary based on availability, performance, and the number of applicants each year.

Why Choose This Course?

If you're serious about accounting, law, audit, or finance as a long-term profession, CA is one of the most respected qualifications in Nepal. Merryland College’s dedicated CA preparation structure ensures that students are not left alone to navigate the ICAN journey. Instead, they are mentored with precision, guided through every exam cycle, and encouraged to develop real professional competencies.

Conclusion

The Chartered Accountant (CA) program at Merryland College, Biratnagar, is not just about passing exams—it’s about building a profession. From your first class to your final exam, you’ll be navigating a clearly structured pathway designed for long-term success. If you’re willing to commit, this course could become your foundation for a rewarding financial career in Nepal or abroad.