Chartered Accountant

Chartered Accountants were the first Accountants to form a professional accounting body initially established in Scotland in 1854.

An Accountant is a person who specialises in the field of accounting. Chartered Accountants are Accountants for hire. They work in various sectors of the economy,managing the finance of an entity, providing financial advice and helping out with money management.

Chartered Accountancy has been one of the most popular career choices in India. There is no fixed time to complete chartered Accountancy. In this career your hard work decides your destination. There is no colleges for Chartered Accountancy. CA aspirants can approach any Institutes and work as per the instruction given by the Institutes.

Exam structure:

The Institute of Chartered Accountancy of India divided CA courses into four levels: CA foundation/CPT, CA intermediate/IPCC, 3 years of Article ship training and CA final. Each level tests students on different paper pattern based on their level and maturity.

Eligibility:

The one who passed class 12 can appeal for CPT(Common Proficiency Test) /foundation level in CA.

The degree holder can directly appeal for IPCC(Integrated Professional Competence Course) /intermediate level.

Roles of chartered Accountant:

Cost Accountant:

Collecting cost information and maintaining an expenses database. Constructing data accumulating systems

Financial controller:

Financial controller is a company’s lead Accountant. They oversee accounting activities and ensure that ledger accurately reflect money coming on and out of the company.

Auditor:

An Auditor is an authorized person who reviews and verifies the accuracy of financial records and ensures that companies comply with tax norms.

Accounts Clerk:

The responsibility of accounts clerk is to keep financial records updated, preparing reports and reconciliation statement.

Chief Financial Officer:

Chief Financial Officer is the senior executive responsible for managing the financial actions of a company. The CFO’s duties include tracking cash flow and financial planning as well as analysing the company’s financial strengths and weaknesses.