Chartered Accountant (CA) in India is the most reputed professional course not just because of the high pay, but it is not easy to crack. The CA journey starts from the Commerce Stream after class 12th. Hence, every Commerce student dreams to be a CA in India but fighting a Chartered Accountant is not a cup of tea for all. It needs complete dedication, passion, and hard work for around four years of continuous determination. If you are ready to give your four years of life with complete dedication, CA is just for you! Below is the article, where you will find How To Become A Chartered Accountant.
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VSI Jaipur’s student Ajay Agarwal secured 1st All India Rank in May 2019 Batch in CA Final with the EVER HIGHEST Marks in the history of ICAI. In 2018, Atul Agarwal secured 1st All India Rank with Highest Marks. |
What is a Chartered Accountancy Profession?
Chartered Accountancy Post essentially means the professional that deals with the management of finances or an entity. These highly paid Chartered Accountant Salary jobs include the managing of taxation procedure, business strategy, auditing, and management of Financial Accounts.
There is only a single yet most effortful difference between an Accountant and a Chartered Accountant that is the latter has taken an in-depth training of years and one has to pass multiple levels of accounting examinations every six months to just earn the title of a Chartered Accountant.
What Exactly A Chartered Accountant Do?
Chartered Accountants are professionals who manage various sectors of the economy, dealing with the finances of an entity, giving Financial Advice, and helping businesses with monetary circulations. CAs can work for businesses, individuals, or the government.
What is the Qualification Required for the Chartered Accountancy
You can start your CA journey right after clearing your Class 12th boards. There are many students who also built interest after clearing their graduation, so CA after Graduation is also possible which surely has extra benefits after enrollment for CA Foundation Exams. Both the paths are similar, but if you are a graduate or post-graduate, you have the opportunity to skin a few steps which are compulsory for the 12th pass-outs to clear.
Why India’s Youth Should Choose Career in Chartered Accountancy?
The popular reason to build a career in CA is that it is the most secured profession and CAs get the highest Chartered Accountant Salary jobs. The whole globe runs on money and every business needs someone to manage their finances, and help while filing taxes and work on audits.
As a CA, the opportunities to explore the work is simply endless. Regardless of the industry, every organization needs finance management and CA is the solution for everyone.
How To Become A Chartered Accountant After 12th? A Big Question Mark
If you want to know the step-by-step procedure of “How To Become A Chartered Accountant After 12th”, check-out the following instructions.
Step 1: Register yourself for the CA Foundation Course just after completing your Class 12th Boards. You can check CA Registration Fees at VSI Jaipur’s official website.
Step 2: Start preparing for the 4 months study period and appear for the CA Foundation Exams 2021.
Step 3: Now you can simply enroll yourself into the CA Intermediate Course after clearing CA Foundation Examinations.
Step 4: You can now complete your 4 weeks of ICITSS course. This technical course is necessary for before your articleship.
Step 5: You can now complete 8 months study course of CA Intermediate and appear for the CA Inter Exams 2021. So, you need to clear the 2 groups of exams before enrolling for CA Final Exams.
Step 6: After clearing any group of CA Inter Course, you can join a 2-year articleship or CA training where you are offered some stipend for your work.
Step 7: Now you can clear the remaining group examinations if there are any exams left.
Step 8: You can register for CA Final Course during the last 6 months of training.
Step 9: Complete 4 weeks of AICITSS in the last 2 years of your articleship before appearing for the final examinations.
Step 10: You can simply appear for the CA Final Exams 2021.
Step 11: After checking your cutoff and ranks, if you cleared CA Final Exams, you can simply enroll yourself as a member of the ICAI to be designated as “Chartered Accountant” CA.
Scope of Chartered Accountant Over the Globe
A CA can work globally in the following industries:
- Capital market services
- Consultancy firms
- Chartered accountant firms
- Financial institutions
- Independent practice
- Businesses and industries
- Institutions
- Consultancy firms
Demand For Chartered Accountants
It has been reported by the Times of India in 2018, there was only 2.82 lakh Chartered Accountant in India with 5.67 lakh as the Average Salary Of CA In India. Out of these only 1.25 lakh were in full practice. This means that a total of 44% of CAs were actively working for the industries in India. With the fact known to us, there are around 7 crores taxpayers in India and more and more businesses are getting established each year with the increasing demand for the CA in India.
TakeAway
So, what do think about getting on the CA bandwagon and pursue this highly established career option? The employment facilities are growing every day with more and more startups globally. I Hope, you have to know the complete procedure of “How To Become A Chartered Accountant After 12th” and now you must be planning to get into this demanding job profession. Wish you good luck with your bright future!
