Chartered Accountants (CA) is a professional course. The CA (Chartered Accountant) is one of the most respected and challenging career fields. CA is a good option for higher education in India. After the CA course completion, aspirants can work in a company's taxation and financial sector and start with titles such as consultants, auditors, financial managers, and more.
Chartered Accountant is a designation given to an accounting professional who has received certification from a statutory body that he/she is qualified to take care of the matters related to accounting and taxation of a business. It includes filing tax returns, auditing financial statements and business practices, maintaining records of investments, preparing and reviewing financial reports and documents, etc.
Chartered Accountant is a designation given to an accounting professional who has received certification from a statutory body that he/she is qualified to take care of the matters related to accounting and taxation of a business. It includes filing tax returns, auditing financial statements and business practices, maintaining records of investments, preparing and reviewing financial reports and documents, etc.
Chartered Accountant (CA) Highlights
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Degree |
Bachelors |
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Full-Form |
Chartered Accountancy |
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Duration |
Course Duration of CA (Chartered Accountancy) is 5 Years. |
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Age |
17-25 |
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Minimum Percentage |
50% |
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Average Salary Offered |
INR 7-10 LPA |
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Employment Roles |
Accountant, Financial Manager, Banker, Taxation Consultant, Consultant and more |
Eligibility Criteria for Chartered Accountant (CA)
1. Candidates must successfully clear their 10th and 12th exams from a recognised educational institute.
2. Also, the minimum mark they need to attain in their 12th standard is 50% aggregate.
3. There is no age restriction to apply for the CA foundation course.
Admission Process
1. Applicant on relevant entrance examinations determines admission to various universities and colleges.
2. Some private colleges and deemed universities perform their counselling process by conducting their university-level entrance exams.
3. You must also prepare for GMAT, IELTS and TOEFL and pass them with flying colours.
Career after Chartered Accountant (CA)
The CA final course covers the advanced knowledge of financial reporting, management accounting, strategic financial management, professional ethics, information systems control and advanced auditing. After the completion of this course, you can go for work in auditing, cost accounting, tax management, management accounting, consultancy and financial work in the industry.
This qualification opens the door to a vast range of exciting career opportunities in the sphere of business and finance. Candidates must have studied Accounting, Auditing, Mercantile Laws, Corporate Laws, Economics, Management (including Financial Management), Taxation (including Direct Tax Laws and Indirect Tax Laws), Costing, Business Administration or Management Accounting or similar to the title of these papers with different nomenclatures.
Chartered Accountancy is not just a course but a social responsibility for which individuals are trusted by the public, corporate firms, government authorities and other pillars of the economy. They are generally hired to take care of the accounting, taxation and financial statements of businesses and firms, but they can offer much more than that. They instil in them the knowledge and the skills to analyze the financial report to suggest different measures to improve it and to make effective financial strategies.
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Job Profile |
Job Description |
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Accounting Managers |
Accounting managers manage and supervise daily accounting operations. They monitor and analyze accounting data and financial statements. They also set up proper accounting principles, methods and policies. |
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Taxation Experts |
Taxation experts or tax advisors look for ways to bring down the tax liabilities for clients. They also do the work of estimating taxes on different investment portfolios. |
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Accountants |
Accountants examine financial statements ensuring accuracy and compliance with existing regulations and laws. They also handle tasks which are tax related. |
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Auditing Experts |
Auditing experts help the auditors in securing sufficient as well as appropriate audit evidence. Auditing experts are of two types having two different specializations, i.e., internal auditors and external auditors. |
Chartered Accountant (CA) Syllabus
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Accounting Process |
The Sale of Goods Act, 1930 |
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Inventories |
The Indian Contract Act, 1872 |
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Theoretical Framework |
The Limited Liability Partnership Act, 2008 |
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Bank Reconciliation Statement |
The Indian partnership act, 1932 |
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Concept of Accounting of Depreciation |
The Companies Act, 2013 |
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Partnership Accounts |
Communication |
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Final Accounts of Sole Proprietors |
Sentence Type |
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Accounting for Special Transaction |
Vocabulary Root Words |
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Introduction to Company Accounts |
Prefixes |
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Financial Statements of Not-for-Profit Organization |
Synonyms and Antonyms |
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Basic Accounting ratios (Solvency, Profitability, liquidity and turnover) |
Phrasal verbs, Suffixes, Collocations and Idioms |
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Comprehension Passages, Note Making |
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Introduction to Basic Writing, Article Writing, Precis Writing, Report Writing |
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Writing Formal Mails, Writing Formal Letters, Meetings, Resume Writing |
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