Career in Chartered Accountancy

What is it? 

A Chartered accountant can work across wide range of areas involving financial reporting, auditing, corporate finance, and taxation matters offering advice in business recovery and insolvency matters.

Apart from this, a CA can be involved in accounting systems and processes of an organization. Also, they provide information about the financial records.

Activities they do? 

1. Act as a business advisor for the clients in various matters
2. As an auditor, undertake financial audits for the organizations
3. As a financial consultant, preparing and forecasting financial statements and reports
4. As a management accountant, participating in decisions about capital budgeting
5. As a tax accountant, formulating taxation strategies for individuals as well as businesses

Areas they Work?

1. Corporate clients
2. Government Departments
3. Banks, Insurance companies Financial Institutions
4. Law/Taxation firms
5. NGOs

Course Details

Apart from opting for some Bachelor’s degree in the field of commerce, various levels of Chartered Accountant course (CA-CPT, CA-IPCC and CA-Final) have to be completed.

Career Prospects

A CA gets an average salary of 7-8 lacs per year based on the experience.