How to Make Career in Chartered Accountancy
Introduction: Career in Chartered Accountancy
A rewarding and high profile career, Chartered Accountancy, not only equips you with the necessary knowledge and technical skills in field of accountancy, but also develops managerial outlook in you to successfully handle even the most critical problems. The profession is quite challenging, lucrative as well as prestigious.
For the deserving ones, placements are not only available in top-notch management hierarchy but also in most of the corporate offices, government and international organizations. There is ample scope and suitable rewards for setting up your own establishment for professional practice or rendering consultancy services after completing your chartered accountant courses.
Best Tips How to Make Career in Chartered Accountancy
How to become a Chartered Accountant?
Under the New Scheme, the requirements for becoming Chartered Accountant are:
(i) You have to enrol with the Institute for Common Proficiency Test after passing Class 10 examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto.
(ii) You have to appear in CPT examination after appearing in the Senior Secondary Examination (10+2 examination) conducted by an examining body constituted by law in India or an examination recognised by the Central Government as equivalent thereto and after completion of specified period (this is intimated to you when you apply) from the date of registration for CPT with the Board of Studies.
(iii) Join PCC, articled training and register for 100 hours ITT after passing CPT and 10+2 examination.
(iv) Undergo 100 hours ITT on completion of three months of articled training (100 hours ITT is a 20 days programme for five hours per day; the training are treated as part of the practical training).
(v) Appear in Professional Competence Examination (PCE) If worked for not less than fifteen months as an articled assistant or equivalent period as an audit assistant or partly as an articled assistant and partly as an audit assistant, three months prior to the first day of the month in which examination is held; and completed 100 hours ITT.
(vi) Join CA Final course: After passing PCE register for Final course with the Board of Studies; Collect Study Materials of the Final Course and prepare for Final Examination; may undergo General Management and Communication Skills Course while undergoing Final course; and Complete articled training of 3½ years.
(vii) You have to appear in final examination on completion of the practical training on or before the last day of the month preceding the month in which the examination is held.
(viii) Pass Final examination and complete GMCS;
(ix) You can enrol for membership.
To make a rewarding and high profile career in Chartered Accountancy, you should be dedicated one to your study and follow the above mentioned tips to convert your dream of becoming a chartered accountant into reality.
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