A Chartered Accountant, or CA, uses their accounting expertise to guide their client's financial plans and ensure all tax activities are compliant with provincial and federal regulations. Their duties include planning taxes, auditing accounts, and recommending solutions to accounting issues.
A Chartered Accountant will advise accounting, financial statements, audit of various institutions, and financial matters. Apart from these core jobs, a chartered accountant can be involved in forensic audit, financial planning, corporate finance, etc.
So, here are five things that a CA student should do every day to get a better direction in life.
Aug 12, 2019
Top 50 CA firms have almost all kinds of assignments under their bag. Be it statutory audits, central statutory audits of banks, tax representations, tax consultancy, ROC compliances, due diligence, investigation or forensic audits, etc.
Can Chartered Accountants have a government job? The answer to the question invariably is Yes. Chartered Accountants and especially experienced ones can get a government job along with good salary packages.
The exam is not very hard. It can be attempted by students who have completed 12th standard, graduates and professionals. The syllabus and examination are modelled in a way that even students can crack them. But, still, it is considered as one of the hardest tests to crack in India.
Chartered Accountants are regarded as one of the highest paying career professionals in India. Chartered Accountancy is a good career option if you are interested in subjects like taxation and accounting. The career path to becoming a Chartered Account (CA) is challenging but very promising as well.
5 Years
CA Subjects
| Course | Chartered Accountancy |
|---|---|
| Short Form | CA |
| Offering Body | The Institute of Chartered Accountants of India (ICAI) |
| Levels of the Course | 3 Levels |
| Duration of Course | 5 Years |
•
Feb 4, 2022
Doing ca fully free of cost is not possible. You have to incurr expenses of registration at ICAI, say for foundation registration,then ipcc registration and than for finals including exam fees which would in total come to around 35000(aprox).
A: CA exam refers to the qualifying exams during the Chartered Accountancy course. The Institute of Chartered Accountants of India (ICAI) conducts CA exam at three levels – Foundation, Intermediate and Final. Candidates who clear all the three levels are certified as Chartered Accountants.
Ans: No, pursuing CA is not a stressful job. Candidates opted for CA has to do hard work for preparing for the CA exams. They need to devote more of their time to preparations.
ICAI CA Syllabus 2021 | CA Foundation Syllabus
| PAPERS | CA Foundation Syllabus | CA Subjects |
|---|---|---|
| Paper 1 | Principles and Practice of Accounting | |
| Paper 2 | Business Laws and Business Correspondence | Business Laws |
| Business Correspondence and Reporting | ||
| Paper 3 | Business Mathematics, Logical Reasoning, and Statistics | Business Mathematics |
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Sep 14, 2021
You need to pass level 2 and should have completed two and half years of articleship to be eligible for this course. You need to clear the CA final exam after the course and articleship to become a CA. The Institute of Chartered Accountants of India (ICAI) regulates chartered accountants in India.
The minimum duration to pursue CA after graduation is 3 years as you can directly take IPCC exams after 9 months from registering yourself after which you also need to complete 2.5-3 Years of Articleship to become a Chartered Accountant.
What is the average salary of a Chartered Accountant? The average salary is between INR6-7 lakhs per annum in India. A CA's Salary, on average, could rise to INR40-60 lakhs depending on his skills and experience. If he gets an International posting, he could earn INR 75 lakh pa.
High Paying Employers to CA in India:
| Employer | CA Salary per annum (Avg) |
|---|---|
| Reliance Industries | Rs. 25-45 Lakhs (Highest) |
| Hindustan Unilever Ltd | Rs. 10-36 Lakhs |
| Deloitte | Rs. 14-35 Lakhs |
| KPMG | Rs. 14-32 Lakhs |
The total fees for chartered accountancy are approximately INR 1,90,000. They include the approximate cost of tuition, registration fees, and reference books. However, if you calculate the stipend you will receive during the three years of articleship, you can estimate it as INR 1,75,000.
Currently ICAI is also providing live virtual classes at very affordable prices like INR 3750 for whole group. It is advisable to take classes for all the subjects at CA Intermediate level -- once student clear their basics then they can even do self study at CA Final levels.
Students who want to become the ca after 12th science stream can apply for the CA Foundation exam, which is the entry-level examination for the program, after passing the 12th board exams. After completing the 12th examination, they will be eligible to apply for CA Foundation examination.
You undergo 3 years of mandatory training or Articleship and start receiving a stipend during Articleship training. In the last 6 month of practical training, you can register for Final level and appear for the exam by filling the CA Final exam form or application form online.