The Chartered Accountancy Course is a distance learning professional course offered by The Institute of Chartered Accountants of India, although very popular among the commerce students.
It is a professional course which is not only a reputed one rather is very lucrative in terms of salary. Infact Chartered Accountancy is one of the most sought after and the toughest examination in the country as far as the professional accountancy examinations are concerned.
- The different stages of examination includes the following-
- Qualifying Chartered Accountancy
- 1. Chartered Accountancy gives avenues for various career options
- 2. Chartered Accountants are well paid professionals
- 3. Varied Career Paths
- 4. International Benefits and Operations
- 5. Vast Learning and a Secure Profession
Students who are interested to pursue this course has to undergo different stages of examinations along with some practical training sessions. The Institute of Chartered Accountants of India provides a three level CA program comprising the following 3 stages.
The different stages of examination includes the following-
- Foundation Programme
- CA Intermediate Programme
- CA Final Programme
As all of us understand that now a days, there’s a great emphasis on adherence to norms of efficient Corporate Governance and Risk Assessment, hence the demand of professional of Chartered Accountants have also risen especially after enactment of Company Act 2013.
Qualifying Chartered Accountancy
Chartered Accountancy being a very lucrative profession opens up various career opportunities for the qualified candidates. Also it is to be noted that Chartered Accountancy is an in demand and a secure profession.
Irrespective of their size, almost all companies need to have Chartered Accountants.
Apart from these all there are other major reasons for doing Chartered Accountancy Examination and becoming Chartered Accountants, which are as follows-
1. Chartered Accountancy gives avenues for various career options
After qualifying chartered accountancy, the candidates have numerous options with themselves like getting into the job or doing their own professional business or practice or on partnership basis-
a. Auditing Jobs
b. Taxation Jobs
c. Finance Jobs
2. Chartered Accountants are well paid professionals
There is no doubt that Chartered Accountants gets handsome salary/ income from whatever option they chose. They are considered as highly paid in the companies and when it comes to practice/ own business there is no limit once they decide the type of business they chose to proceed with.
The take home salary once they decide can vary between Rs. 5 lacs to Rs. 10 lacs but with experience the rise and growth can be exponentially high.
3. Varied Career Paths
When into job, the Chartered Accountants can select as many options for them as they think for. These days Chartered Accountants play a very major role in helping companies grow and succeed.
They also act as business advisors and they may not always be in forefront but still an intrinsic part of the strategy making and planning. They also occupy various critical positions in business setting.
While acting as business advisors they also help the business owners to reach to a higher level of profits and excellent margins. Over the years the experience and skill set acquired by them have actually helped them in establishing their own Chartered Accountancy Firm.
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4. International Benefits and Operations
The demand for CAs in the foreign market is getting higher and higher day by day and infact at a peak right now. If anyone has anytime dreamt of settling abroad then this is the right choice for him.
The demand for CAs in the foreign market is as much as the demand is in India. Pursuing CA would be a great option for you if you are thinking of starting your international career.
5. Vast Learning and a Secure Profession
Chartered Accountancy has evolved like a secure learning platform for all the candidates who aspire to learn something new and exciting every time they start their career. Even there is a big misconception that Chartered Accountancy is only about numbers, rather it carries vide knowledge and coverage when it comes to different subjects and approaches.
The program also helps the aspirants to develop a good understanding of business, great expertise in finance-related subjects, and technical skills as well. This type of training helps CAs adapt to and work in almost any sector nowadays. For those who have an entrepreneurial streak, the CA program also offers a good foundation for starting their own business.