what is the role of chartered accountant?
TRANSCRIPT
What is the role of Chartered Accountant?
Accounting, auditing and taxation are the core areas dealt with by chartered accountants.
They are also capable of expert level services in the areas of General Management, Personnel Management, Financial Management, Operations Management, HR Management.
Which stream should I opt for in 11th to become a Chartered Accountant?
ARTS
SCIENCE
COMMERCE
Where can you do it from ?
In India, the CA course can only be pursued through the Institute of Chartered Accountants of India (ICAI). They have many branches all over the country.
CA can also be pursued through the Certified Public Accountant (CPA) course from the US. This can be pursued from India by taking these exams in India. The course material, however, will not be specific to India. IFRS certification will help you in your work
Are there any Entrance Exams for Chartered Accountant in India?
A) CPT (Common Proficiency Test )
B) IPCC (Integrated Professional Competence Course)
C) Final Exam
Responsibilities of a Chartered Accountant?
Accounting, auditing and taxation and financial analysis are the core areas dealt with by chartered accountants.
They are also capable of expert level services in the areas of General Management, Personnel Management, Financial Management, Operations Management, HR Management
Expert in auditing financial statements & businesses, taxation and offer advisory services to clients.
Responsibilities of a Chartered Accountant?
Chartered accountants are better equipped to discharge accounting and audit functions in a computerized business environment.
The multifaceted knowledge a chartered accountant enjoys through unique academic program blended with practical training is what the business and industry need in the advent of liberalization, privatization and globalization of Indian economy.
Chartered Accountants are statutorily recognized audit practitioners. Chartered Accountants are technically equipped to act as management consultants.
Career options for Chartered Accountant?
❏ Practitioner❏ Entrepreneur❏ Advisor
Where can a Chartered Accountant work?
★ Banks (Both private and public)
★ Public Limited Companies (mandatory for the
purpose of law)
★ Auditing Firms (such as KPMG, Price
Waterhouse, etc.)
★ Finance Companies, Mutual Funds, Portfolio
Management Companies, Investment Houses,
Stock Broking Firms
★ Legal firms, Legal houses, Patent Firms,
attorneys, Trademark and Copyright Registers
Expected Salary of a Chartered Accountant
In India - 7L - 30L per annum
● Salary may be lower in public sector
● May receive additional benefits like shares, health cover & pension
Income figures are intended as guide ONLY
Other related courses
➢ Chartered Financial Analyst (CFA) - assesses values and identifies risks
● ICFAI (India) ● CFA Institute (Abroad)
➢ Institute (Abroad) Institute of Cost & Works Accountant (ICWA)
➢ Company Secretary (CS) - ensures conformity with legislative and regulatory requirements and communicates with shareholders. Handles matters related to sales tax, excise, labour and corporate law
Enjoy Academics
Good with moneymatters
Eye for detail Good with numbers
Good communicati
on skills
Reading business section of
newspapers
Qualities That Help
