Chartered Accountancy (CA) is a professional accounting course which was introduced in 1949 in
India. With the coming up of MNC’s in India the scope of this course has
increased manifold, and now this course is attracting a lot of young people and
witnessing a rapid growth. The main task of a chartered accountant is to handle
finance related matters, to deal with money management and audit accounts along
with providing financial advice to the company.
Eligibility: -
To become a chartered accountant you need to pass 10+2
exams. To take admission in chartered accountant course you need to pass Common
Proficiency Test (CPT), conducted by Institutes of Chartered Accountants. It takes four years to become a Charted
Accountant. The second stage of the course includes Professional Competence
Course (PCC), articled training, and 100 hours of Information Technology
Training (ITT). The third stage is the Final Course to which students is
registered after clearing PCC.
Students can also opt for General Management and
Communication Skills Course (GMSC) while undergoing Final course or after that.
Students are eligible to enroll with the Institute of Chartered Accountants of
India to become Chartered Accountants, after passing, the final examination. CA
course offers 100% job assurance.
Skills and Aptitude: -
An aspirant chartered accountants course must have good
numerical ability and analytical mind to interpret facts and figures correctly.
Career Prospects: -
Chartered accountants are appointed as
auditors of companies. A fresh chartered accountant can also start their
private practice of audit and consultancy. The consultancy work is more
profitable now days. This work contains financial accounting, which includes supervising,
operating accounts, controlling and organizing income and expenditure and
coping with taxes. The other areas of consultancy are cost accounting which
involves working out cost of a particular operation as well as minimizing costs
of the operation. Chartered Accountants can also take the work of Tax
Management. It requires minimization of incidence of direct and indirect taxes
using legal means.
Other then this CA’s can also advice to business on various
financial matters like corporate law advice, project planning and finance
Remuneration: -
The profession of Chartered Accountancy is highly paid. Average
salaries for fresh CA’s are 15,000 to 25,000 per month while a senior C.A. can earn
50000 to 60000 per month in domestic markets. In foreign countries salaries may
go up to 5,00,000 p.m.
Chartered Accountants who are working as consultant and doing
private practice are also making good returns depending upon the kinds of
clients they have.
Top Coaching
institutes
In India many coaching institutes are giving good coaching
to the CA aspirants. You can join a coaching institute after seeing the past
results of the coaching institute.
