WHY CA COULD BE A GREAT CHOICE OF CAREER PATH?
From cutting-edge technology companies to global financial centers, accountancy firms and government bodies, becoming a CA is your passport to success. If you’ve got an entrepreneurial streak, chartered accountancy also offers the perfect foundation for starting your own business. There are many reasons behind it like
Interesting and exciting work
The stereotype is that chartered accountancy is dull and boring. However, the reality is anything but one can do so much more than crunch numbers as a CA you will get to grips with what it means to make (and keep!) a business successful…
CA is always in demand anywhere in the world
As a CA the world really is yours. You’ll be in demand at home and abroad. The ICAS CA qualification is internationally recognized and respected around the world. What’s more, with 14% of ICAS members now based overseas, you’ll be in good company if you decide an international career is for you
Great salary and benefits
Chartered accountants are pretty impressive, and compare favorably with Starting salaries for those starting out in law, general management and banking. Future salary prospects for chartered accountants are also great. According to a recent salary survey, more than 40% of ICAS members got an above-inflation pay rise in 2015.
Recession-proof professions
If you choose to become a chartered accountant, your career is likely to be stable with a strong demand for your skills.
Better than Other professions
Chartered Accountancy is a recognized profession by industry mainly focuses on Finance, Auditing and Accounting. Chartered Accountants are the only person who enjoys the monopoly of auditing the Financial Statement of an organization. Without a CA’s signature, Financial Statements could not be presented in the AGM before shareholders. Chartered Accountants enjoy a high reputation in the society besides fascinating incentives
CA v/s CS
Chartered Accountancy is a recognized profession by industry mainly focuses on Finance, Auditing and Accounting. Chartered Accountants are the only person who enjoys the monopoly of auditing the Financial Statement of an organization. Without a CA’s signature, Financial Statements could not be presented in the AGM before shareholders. Chartered Accountants enjoy a high reputation in the society besides fascinating incentives
CA v/s MBA
Most of the universities MBA syllabus does not include depth knowledge of finance that’s why in the today’s scenario, more and more companies are hiring CA’s to handle their financial matters and management as well due to the expert knowledge of CA in every field.
CA v/s ICWA
This is now also known as ICAI (Institute of Cost Accountants of India). While this may be true, the option to pursue a combination of both courses is also open for people but you can practice only one of the two. If you are serious about pursuing a career in accountancy you should go for CA. the reason is ICAI is limited till the cost accountancy and CA syllabus is a wider profile
CA v/s CFA
CFA stands for Chartered Financial Analyst which is basically focused on Finance covering Investment Management, Ethics, Equity Investments, Derivatives, Portfolio Management, and Research, Investment Banking etc. while CA persist high knowledge of Finance besides accounting, auditing, taxation and Company Law. CFA has higher exam fees and tedious to clear this is the reason it’s less popular and mostly recruiter prefer a CA for all finance related profiles.
If you want your career to be challenging, rewarding and exciting, becoming an ICAS CA offers all of this. Hope you if you are a commerce student, it become now easy for you to choose a best career option.
