CA stands for Chartered Accountant. A chartered accountant, also known as a certified public accountant, is a professional accountant qualified to work with a spectrum of accountancy-related activities.What work does a Chartered Accountant do?
A chartered accountant(CA) handles his clients’ finances and carries out financial accounting, auditing, taxation, financial advisory, etc. If taken as a profession, a CA manages the finance, accounts, auditing, taxation, and budgeting for his clients which could be firms, Partnership firms, individual persons, etc. If he works for an organization, he
overlooks all the accounting and financial activities of the business. Chartered
Accountants excel in activities of Financial Accounting, Auditing, Cost accounting, Tax management, and Consultancy majorly. But there is a wide scope and areas they can work on.
There is a high demand for Chartered Accountants as it is the most difficult to pursue. It is also one of the highest-paying professions. There is a vast scope for chartered accountancy as you can work in any industry as every organization, every firm, and every individual needs its finance to be well managed. Becoming a chartered accountant
is not everyone’s cup of tea, but once you succeed, you can achieve the greatest things you dreamed of.
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Any person who has completed 12th grade graduated, or post-graduation can opt to pursue CA. The first step is to take up the foundation after 12 the clearance of which the next step is to take up CA intermediate for 8 months after which at least one of the two groups of exams should be cleared. The next step is to take up an ICITSS( Integrated
Training on Information Technology and Soft Skills) and then a 3-year articles program. The remaining group of intermediate exams must be cleared and then the final exam has to be attempted either after article training or in the last 6 months of it. After clearing the final examination, you can be designated as a ‘Chartered Accountant’ and as a
member of the ICAI. More about ICAI The Institute of Chartered Accountants of India is the main head and professional accounting body in India. It is owned by the Government of India under the Ministry of Corporate Affairs (MCA). It was first established under the Chartered
Accountants Act, 1949 on 1 st July 1949. The body head designates candidates who undergo 36 months of training, pass all the exams, and meet the rules and regulations of the act as ‘Chartered Accountants’.
Chartered Accountants should be good in Technical knowledge and skills such as Accounting software and tools such as Zoho Books, Quick books, CA Office Automation, etc Good accounting and financial knowledge and good practical knowledge of the areas of they are required to work on Soft skills such as Communication, Awareness, Critical thinking,
Professional skepticism, etc
Top 5 best CA services providers in Delhi With Ratings
- Vishal Madan and Co. 4.3. 137 Ratings
- Ajay Kumar Goyal & Associates. 4.9. 19 Ratings
- Ca Pradeep Verma. 4.6. 347 Ratings
- Gupta Agarwal & Co. 4.7. 58 Ratings
- Nitin Rajput & Co. 4.5. 68 Ratings
These people are the best inspiration to young CA aspirants in India. Presently in India, there are more than 3 lakh Chartered Accountants out of which 1.25 lakh members are in practice. There has been an increasing demand with a 37% hike for CA in India, thus it makes it the most demanding career. As the motto goes, ‘Ya Aeshu Suptaeshu
Jagruthi’ which means a person who is awake in those that sleep’, Chartered Accountant is the most difficult career path in India and can be achieved only by truly dedicated and hardworking enthusiasts. But once the designation is yours, you can be your own boss!
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