As a practise and profession, Chartered Accountancy is controlled and regulated by the Institute of Chartered Accountants of India (ICAI).
How to become a Chartered Accountant
There are two ways of pursuing CA. One way is to pursue it right after completing 12th and the other way is to pursue it after obtaining a graduate degree in commerce or related field. Most students prefer to pursue CA right after class 12. This is how to do it.
The best thing about having a professional qualification like CA is that one doesn’t have to start their career with an entry level job. As a CA, one can start their careers as
With experience, in future, they can move on to become
However, to reach the said roles, it may take a professional experience of 10 years. Chartered Accountants can also work in the following sectors:
Professionally qualified Chartered Accountants are also hired for research, to prepare project reports and most importantly; for budget planning and cost analysis.
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Chartered accountants perform a variety of functions. A few of them are listed below.
A chartered accountant can also act as an arbitrator to settle disputes concerning insolvency and company fraud.
Salaries of CAs employed in public or private sector companies vary depending upon qualification and experience. Average salaries at junior level are 10000 to 15000 per month while person with 5 years’ experience can expect to get 50000 to 60000 per month.
Chartered Accountants who are engaged in consultancy and private practice also earn enviable incomes depending upon the numbers and kinds of clients they have.
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