- CAREER OPPORTUNITIES
- SKILL SET
- ROLES AND RESPONSIBILITIES
- SUCCESS STORIES
Do you love crunching numbers and have a deep interest in money or anything related to money?
Well , we are not talking about playing monopoly, but serious interests in matters of money spent such as keeping track of money spent, making a budget for home event, taking the responsibility of keeping your personal budget within limits and so on.
A Chartered Accountant, by definition is a professional member of the National professional accounting body of the country, and in the case of India this professional accounting body is the Institute of Chartered Accountants of India (ICAI).
- Financial Accountant
- Tax Accountant
- Management Accountant
- Budget Analyst
- Insolvency Professional
- Associate Consultant
- Assistant Manager
- Finance Managers
- Financial Advisors
- Directors (Finance)
- Financial Controllers
- Financial Trader
- Investment Analyst
- Operational Investment Banker
- Corporate Investor Banker
- Stock Broker
The Chartered Accountancy examinations are divided into three levels. They are:
- Foundation Course
- Intermediate Course
- Final Examination
Paper of Foundation Course
Paper 1: Principles and Practice of Accounting
Paper 2: Business Laws & Business Correspondence and Reporting
- Section A: Business Laws
- Section B: Business Correspondence and Reporting
Paper 3: Business Mathematics and Logical Reasoning &Statistics
- Part I: Business Mathematics and Logical Reasoning
- Part II: Statistics
Paper 4: Business Economics & Business and Commercial Knowledge
- Part I: Business Economics
- Part II: Business and Commercial Knowledge
Papers of Intermediate Course
Paper 1: Accounting
Paper 2: Corporate & Other Laws
- Part I: Company Law
- Part II: Other Laws
Paper 3: Cost and Management Accounting
Paper 4: Taxation
- Section A: Income-tax Law
- Section B: Indirect Taxes
Paper 5: Advanced Accounting
Paper 6: Auditing and Assurance
Paper 7: Enterprise Information Systems & Strategic Management
- Section A: Enterprise Information Systems
- Section B: Strategic Management
Paper 8: Financial Management & Economics for Finance
- Section A: Financial Management
- Section B: Economics for Finance
Papers of Final Course
Paper 1: Financial Reporting
Paper 2: Strategic Financial Management
Paper 3: Advanced Auditing and Professional Ethics
Paper 4: Corporate and Economic Laws
- Part I: Corporate Laws
- Part II: Economic Laws
Paper 5: Strategic Cost Management and Performance Evaluation
Paper 6: Elective Paper (One to be chosen from the list of Elective Papers)
List of Elective Papers
- 6A Risk Management
- 6B Financial Services & Capital Markets
- 6C International Taxation
- 6D Economic Laws
- 6E Global Financial Reporting Standards
- 6F Multi-disciplinary Case Study
Paper 7: Direct Tax Laws & International Taxation
- Part I: Direct Tax Laws
- Part II: International Taxation
Paper 8: Indirect Tax Laws
- Part I: Goods and Services Tax
Part II: Customs & FTP
- Ability to reflect on one’s own work as well as the wider consequences of financial decisions
- Conceptual understanding.
- Business Acumen and Interest
- Organisational skills
- Managing the tight rope walk.
- Client-facing (customer service) and interpersonal skills
- Proficiency in it
- Analytical ability
- A methodical approach and problem solving skills
Chartered Accountants work in all fields of business and finance, including audit ,taxation, financial and general management. Some are engaged in public practice work ,others work in the private sector and some are employed by government bodies.
- Review the company’s financial records and systems and analyse the risk factor.
- Prepare monthly/quarterly/ yearly financial statements of the company.
- Help minimise the tax liability of the clients by offering advice on tax planning and other tax-related issues.
- Detect, identify and prevent fraud and embezzlement.
- Maintain the company’s accounting records and prepare accounts and management information reports.
Rahul Roy is renowned Indian CA who became the youngest person ever to head ICAI in 1988 only at the age of 34 years. He was a former president of ICAI and he had earlier served as the chairman of the ICAI’s Eastern region when he was 31 years old. The highly acclaimed ‘campus interview’ scheme was introduced by Rahul when he chaired the committee for members in industry of the ICAI. On behalf of India, Rahul executed a landmark MoU with Kingdom of Nepal to assist in developing the profess of Chartered Accountancy there. He passed away on 19th November 2009 in Kolkata.
That’s All Folks!..