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Top 5 Reasons to Pursue a Career in Chartered Accountancy And How To Pursue It


chartered accountant

Pursuing a career in chartered accountancy offers a host of advantages including versatile career options. The skills and knowledge gained through the CA program are highly sought-after, providing you with a competitive edge in the job market. Whether you aspire to work in a multinational corporation, start your own practice, or become a financial consultant, chartered accountancy equips you with the necessary skills to excel in the dynamic field of finance and accounting.

If you are analytical, detail-oriented, and have a passion for numbers, chartered accountancy could be the perfect career choice for you.

In this blog, we will cover a comprehensive guide of chartered accountant course

Top 5 Reasons to go chartered accountancy

A career in chartered accountancy (CA) offers a wide range of opportunities and rewards for those interested in the field of finance and accounting. The path to becoming a chartered accountant is challenging, but it comes with numerous benefits and advantages.

Here are the top five reasons to pursue a career in chartered accountancy.

Versatile and Global Opportunities: One of the primary benefits of a chartered accountancy qualification is the versatility it offers in terms of career options and global opportunities. As a chartered accountant, you can work in various industries such as banking, auditing, taxation, investment management, consulting, and more.

High Demand and Job Security: Chartered accountants are in high demand due to their expertise in financial management, taxation, auditing, and compliance. Organizations of all sizes and industries require the services of CAs to maintain accurate financial records, ensure legal and regulatory compliance, conduct audits, and provide strategic financial advice.

Financial Rewards and Growth Opportunities: A career in chartered accountancy offers the potential for substantial financial rewards. The CA designation is associated with both a competitive salary and excellent career progression opportunities. As you gain experience and expertise in the field, your earning potential increases significantly.

Professional Development and Continuous Learning: The process of becoming a chartered accountant involves rigorous training, examinations, and practical experience, ensuring that you acquire a strong foundation in finance, accounting, and business principles.

Prestige and Recognition: Earning the prestigious chartered accountant designation brings with it a sense of professional accomplishment and recognition. The CA qualification is widely respected and recognized in the finance and business community, both nationally and internationally.

chartered accountant course in kolkata

If you are willing to do a chartered accountant course then choose a chartered accountant institute in kolkata as in Kolkata there are many top chartered accountant institutes that will help students to advance their skills in chartered accountant and will also help them in getting better job placements.

How can you pursue chartered accounting after 12?

If you have just completed your 12th grade and aspire to become a chartered accountant, here is the process of pursuing chartered accountancy after completing 12th grade.

1. Eligibility Criteria for Chartered Accountancy Course:

To pursue chartered accountancy after 12th grade, you must meet the following eligibility criteria:

a.Educational Qualification: You should have completed your 12th grade from a recognized board or institution.

b. Minimum Marks: You must secure a minimum of 50% in the aggregate of all subjects and a minimum of 50% in mathematics to register for the CA course.

c. Age: There is no age restriction to pursue chartered accountancy after 12th grade.

Registration with the Institute of Chartered Accountants of India (ICAI):

The first step to becoming a chartered accountant is to register with the Institute of Chartered Accountants of India (ICAI). The ICAI is the regulatory body governing the chartered accountancy profession in India. You can register for the CA course by filling out the registration form available on the ICAI website or through the nearest regional office of ICAI.

3. Entrance Examination: Common Proficiency Test (CPT):

After successful registration, you need to appear for the Common Proficiency Test (CPT), which is the entry-level examination for the CA course. CPT is conducted by the ICAI and consists of four subjects: Fundamentals of Accounting, Mercantile Law, General Economics, and Quantitative Aptitude. The examination is objective-type and can be taken in either English or Hindi. Once you clear the CPT examination, you can proceed to the next level.

4. Intermediate (IPC) Course:

After clearing the CPT examination, you are eligible to enroll in the Intermediate (Integrated Professional Competence) Course, also known as IPC. The course is divided into two groups, and you have the option to either register for both groups or individual groups at a time.

girl doing tally documents office

The IPC course consists of eight subjects, which are divided into two groups:

5. Practical Training:

As a part of the CA course, you are required to undergo a practical training program. The practical training is divided into two components:

a. Articled Training: During this period, you are required to work under a practicing chartered accountant for a minimum period of three years. This practical training exposes you to real-life scenarios, helps you gain practical knowledge, and develops your professional skills.

b. Industrial Training: After clearing Group I of the IPC course, you are required to undergo a period of industrial training for a minimum of 9 months. This training can be completed with a company or a firm that is recognized by the ICAI.

6. Final (CA Final) Course:

Once you have completed the Intermediate (IPC) course and the practical training, you can register for the Final course. The CA Final course consists of two groups, and you have the option to register for both groups or individual groups at a time.

The CA Final examination is rigorous and comprehensive, covering advanced topics in accounting, auditing, taxation, law, and financial management. Clearing both groups of the Final course and successfully completing the required practical training will make you eligible to become a member of the Institute of Chartered Accountants of India.

7.Membership of ICAI:

After completing the CA Final course and practical training, you can apply for membership of the Institute of Chartered Accountants of India. Successful membership not only grants you the prestigious designation of a chartered accountant but also opens the door to a world of career opportunities and professional growth.

Recommend Post: Quick Guide To Chartered Accountant Course

Best institute for chartered accountant course

If you are looking for a top chartered accountant course in Kolkata then surely George Telegraph Institute of Accounts is the right place for you. At George Telegraph Institute of Accounts, we will provide you with a structured curriculum which will be delivered by the CA experts. At George Telegraph Institute of Accounts students will also get a dedicated placement cell that assists students in seeking job opportunities after completing the CA course.