How To Become a Charted Accountant
Thursday, March 02, 2023

How To Become a Charted Accountant After Plustwo Career Guidance Courses after Plustwo Career as a chartered accountant job profile of a CA


Introduction:

Chartered Accountancy (CA) is a prestigious profession that is highly respected and in demand. Chartered Accountants play a critical role in a variety of sectors, including finance, taxation, auditing, and consulting. Becoming a CA is not an easy task, but with the right guidance and effort, it is an achievable goal.

Career Growth of a CA: Chartered Accountancy offers excellent career opportunities, both in India and abroad. CA's can work in various fields, including public accounting, auditing, taxation, corporate finance, and advisory services. They can also work in government departments, public sector undertakings, and non-profit organizations. A CA's salary can vary depending on their experience and the organization they work for. As they gain more experience and knowledge, they can take up leadership positions and manage teams. Many CAs also choose to start their own practice and become entrepreneurs.

How to Become a CA: To become a CA in India, you must follow the steps outlined below:

  1. Register for the Foundation Course: Register with the Institute of Chartered Accountants of India (ICAI) for the Foundation Course after completing your Plus Two.
  2. Complete the Foundation Course: The Foundation Course is a four-month course that comprises four subjects. You must pass the Foundation Course exam to proceed further.
  3. Register for the Intermediate Course: After completing the Foundation Course and passing the exam, register for the Intermediate Course.
  4. Complete Articleship: After passing the Intermediate Course, you will need to complete three years of Articleship under a practicing CA.
  5. Clear the Final Exam: After completing your Articleship, you will need to clear the Final Exam, which consists of two groups.

Exams and Syllabus: The CA course consists of three levels: Foundation, Intermediate, and Final. Each level has its syllabus and exams.

  1. Foundation Course Syllabus: The Foundation Course comprises four subjects: Principles and Practice of Accounting, Business Law and Business Correspondence and Reporting, Business Mathematics and Logical Reasoning & Statistics, and Business Economics and Business and Commercial Knowledge.
  2. Intermediate Course Syllabus: The Intermediate Course is divided into two groups, each consisting of four subjects. Group 1 subjects include Accounting, Corporate and Other Laws, Cost and Management Accounting, and Taxation. Group 2 subjects include Advanced Accounting, Auditing and Assurance, Enterprise Information Systems & Strategic Management, and Financial Management & Economics for Finance.
  3. Final Course Syllabus: The Final Course consists of two groups. Group 1 subjects include Financial Reporting, Strategic Financial Management, Advanced Auditing and Professional Ethics, and Corporate and Economic Laws. Group 2 subjects include Strategic Cost Management and Performance Evaluation, Elective Paper, Direct Tax Laws and International Taxation, and Advanced Indirect Tax Laws.

Conclusion: Becoming a Chartered Accountant requires dedication, hard work, and commitment. However, the profession offers excellent career opportunities and growth. As a CA, you can work in various fields and sectors, and you can also choose to start your own practice. The CA course is rigorous, and it is essential to have a strong foundation in accounting principles and practices. If you are willing to put in the effort and time, becoming a CA can be a rewarding and fulfilling career choice.

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