1st August, 2023
Introduction to CA
A Chartered Accountant is the most prestigious title and certification that commerce students could hold. Hence, the procedure from enrolling in the course to successfully becoming a CA takes a long time. In an overview, this route takes you through three stages of achievement known as the foundation stage, the intermediate stage, and the finals. Following the second stage, the student must do an apprenticeship at a Chartered Firm as a practicum for future ambitions.
Every country has different sets of rules and regulations for pursuing this prominent course. Therefore, the Institute of Chartered Accountants of India (ICAI) regulates the CA Course and its membership in India based on the Chartered Accountant Act of 1949. This certification is only applicable within the boundaries of the country.
Chartered Accountant in India
Becoming a Chartered Accountant requires patience, determination, and dedication to the course. The CA course is five years long, with one year for each of the examinations and two years for apprenticeship. However, it can be extended dependent on the number of attempts you ought to make.
Majors in Chartered Accountancy
We know the core subject of commerce is mathematics and accountancy, but a CA takes it to another level. These financial professionals cover every aspect of the financial market. It includes filing tax returns, auditing financial statements and business practises and providing advisory services regarding financial matters.
The focus of these professionals is on fields such as
- Applied Finance
- Taxation
- Audit and Assurance
- Financial Accounting and Reporting
- Management Accounting
These fields define the line of work in which the CA specialise. Chartered Accountants are called Financial wizards for their excellent ability to grasp interesting concepts like finance and aid in the easy-going industry process.
If you want to dive deep into this analytical world, let me tell you that Nagarjuna Pre-University College has been providing CA course training integrated with the curriculum. The institution is a well-known Pre- university College in Bengaluru. Do Check it out!!