What is Chartered Accountancy?
CA course or Chartered Accountancy is a highly reputed professional degree which essentially deals in business and finance. A person who is qualified as a Chartered Accountant can administer the matters related to taxation, accounting, auditing business firms and financial statements, file tax returns and so on. A Chartered Accountant can also offer advisory services to clients- individual and business firms. Those who want to become a CA in India must complete Chartered Accountant course 2020.
Who is a Chartered Accountant?
To become a certified Chartered Accountant a person needs to qualify all the three levels of CA examinations – CA Foundation, CA Intermediate or IPCC (Integrated Professional Competence Course) and CA Final. All the three examinations are regulated and maintained by a statutory body called ICAI – Institute of Chartered Accountants of India.
Who can apply for CA examinations?
Under the scheme of Education and Training, a person can pursue Chartered Accountant course either through Foundation course route or through Direct entry route. Foundation Course is the entry point for a candidate after 12th and Direct entry route is for candidates who have completed their graduation.
The eligibility criteria described by the ICAI for CA Foundation is as mentioned below –
For Foundation Course:
- The aspirant must have passed Class XII and completed four months of study period to be able to appear for the CA Foundation exam.
- The candidate needs to register with the Board of Studies for four months of study period.
For Intermediate Course:
- Students who have cleared their CA Foundation exams held by ICAI.
- Commerce Graduates/Post-Graduates (with minimum 55% marks) or Other Graduates/Post-Graduates (with minimum 60% marks) from a recognized university (including Open University). (Direct entry route to CA Intermediate)
When does the different exams for CA take place?
All the exams conducted by ICAI take place twice a year. CA Foundation is conducted twice a year, first in the month of May and then November. CA Intermediate and CA Final exams also take place twice a year in the month of May and November as well. One should start their preparation for Chartered Accountant course as soon as they get the exam dates as this is one of the toughest course in India.
CA Syllabus Details:
The CA course 2020 is divided into three levels – CA Foundation, CA Intermediate and CA Final. For full details of the syllabus and papers covered in each level.
Chartered Accountancy – Job Profiles and Top firms in India
Chartered Accountancy as a profession demands from you, specialization in a variety of skills such as accounting, auditing, taxation, financial and management of an individual as well as an organisation. Chartered Accountancy is one of the most sought-after profession in the world of finance which offer its services in maintaining and reviewing financial health of a business. Chartered Accountants today, have acquired an important position in public as well as private sectors. A CA also acts as business advisor helping in the preparation of financial reports, securing loans, preparing financial projections, showing how the loans will be repaid, and determining the viability of business. The CA also helps its client to comply with tax laws and represent him before government agencies.
A chartered accountant is the need of all kinds of businesses whether small or big. Every business that is generating revenue needs a chartered accountant to manage its finance and taxes.
We have curated a list of top firms – National and International that hire CAs on a regular basis.
International Firms –
- Citi Bank
- Kuwait Resources House
- Citi Bank
- Landmark Group
- Qatar Insurance Co
- Olam International
- Topaz Energy & Marine
- JP Morgan Chase
National Firms –
- HDFC Bank
- Axis Bank
- Khumji Khiverji & Co
- SS Kothari Metha & Co
- Luthra & Luthra
- ICICI Bank
- Standard Chartered
- Federal Bank
- State Bank of India
- Kotak Mahindra
After 12th opting CA course is a good option to those who want to make a career in it.