Overview

Chartered Accountant (CA) is an exceptionally famous and esteemed degree in India and also in numerous different nations other than India. Chartered Accountant (CA) is an accounting designation given to accounting experts in numerous nations around the globe.

What's more? Henceforth it is likewise a reality that same is accepted to be one of the hardest exams in India, particularly in Commerce Stream. Be that as it may, this ought to never de-motivate any understudy from going along with it. There are numerous parts of "CA" Curriculum which really makes it fascinating in the meantime imperative for proficient life.

CA has the qualifications to file a business tax return, audit financial statements etc., and offer advisory services to clients.

Courses & Eligibility

For Chartered Accountant (C.A.) course, a candidate must not be from any particular stream. The following educational eligibilities are required for the course of CA:

  • After 10th class, from any Recognised Board, a student can apply for Common Proficiency Course (CPC).
  • After qualifying 12th class student needs to qualify for Common Proficiency Test (CPT) exam.
  • After the CPT, Integrated Professional Competence Course (IPCC) is to be cleared.
  • After IPCC, successful training under an officially practicing CA has to be done for a duration of 3 years.
  • Then comes the CA Final.

Course Curriculum

The course curriculum for CA course is as follows:


Common Proficiency Test (CPT)

Section A - Fundamentals of Accounting
Section B - Mercantile Laws
Section C - General Economics
Section D - Quantitative Aptitude


Intermediate (Integrated Professional Competence) Course

GROUP-I
Accounting
Business Laws, Ethics & Communication
Cost Accounting and Financial Management
Taxation

GROUP-II
Advanced Accounting
Auditing and Assurance
Information Technology and Strategic Management

CA Final

GROUP-I
Financial Reporting
Strategic Financial Accounting Management
Advanced Auditing and Professional Ethics
Corporate and Allied Laws

GROUP-II
Advanced Management
Information Systems Control and Audit
Direct Tax Laws
Indirect Tax Laws


Career Prospect

CA candidates are required in every field for the finance related matters. They can get job opportunities in public as well as private firms. They can also work separately. Some of the job opportunity fields for CA are:

  • Banking
  • Financial Services
  • Information Technology – Software
  • Mining
  • Oil & Gas Refining
  • Chartered Accountancy Firms
  • Iron & Steel
  • Heavy Engineering
  • Engineering Procurement and Construction

Pay & Remuneration

CA has a very good salary structure. The minimum salary for a fresher Chartered Accountant (CA) is Rs. 30,000- 50,000 per month. It may increase with working experience and eligibility of employee.

Famous Personalities

Some of the famous Chartered Accountants (CA's) are as follows:

  • T N Manoharan (7 April 1956)
  • Kumar Mangalam Birla (14 June 1967)
  • Deepak Parekh (18 October 1944)
  • Naina Lal Kidwai (1957)
  • Piyush Goyal (13 June 1964)
  • T.V. Mohandas Pai

Top Colleges in India

There are various colleges available for the course of CA across India. Some of the famous and top colleges are as follows:

Top Colleges for CA
Deshbhakt Ratnappa Kumbhar College of Commerce, Kolhapur
Aaaradhya Financial School for Excellence, Hyderabad
Loyola College, Chennai
Academy Of Commerce, New Delhi
Mar Ivanious College, Thiruvananthapuram
Eastern India Regional Council of ICAI, Kolkata
Mumbai Branch of W.I.R.C of I.C.A.I, Mumbai
Pearl CA College, Kochi
Delhi Branch of NIRC of ICAI, New Delhi
Indian School of Business Management & Administration (ISBM), Gwalior
Navkar Institute, Ahmedabad
Triumphant Institute of Management Education (T.I.M.E.), Hyderabad
Coimbatore Branch of S.I.R.C. of I.C.A.I., Coimbatore
Academy Of Commerce, New Delhi