Full form of CA is Chartered Accountant. CA is related to accountancy. They are a financial advisor for individual, business or government sectors. In India at present around 270000 CA’s are providing their services to public and private sectors.They are an important part of all sorts of business and finances. CA can have their own private office or can work in big companies. Almost all government and private sectors hire CA’s to manage their accounts and taxation.
Chartered accountant responsibilities
profit and loss and lastly verifies and gives remarks for the accounts of the company. He is the final authority to give remarks.
How to become CA
Becoming a CA is a long process which needs hard work and dedication.
The student should be 12th pass out from commerce stream. B.Com, M.Com, PhD commerce degree holders can also give charted accountancy exams which are taking on a national level. To clear ca exam is very tough but it’s possible. Those who have a strong will and zeal to become a CA do the best as they will give their
100 percent for preparing themselves to clear ca exam.
Stages of becoming CA
After completing 12th students enrol to various ca institutes. in this the level, they are taught basic level which is very much similar to what they are taught in 12th commerce.
After giving 9 months to foundation course they enter in the intermediate course. This level becomes tough as they are taught many new terms like company laws.
Aspirants after completing the intermediate course go for article ship training. This internship gives them a real-time experience which will be very helpful to them in future. In the internship, they learn what is the nature and work of CA. This gives them exposure to various companies.
This is the last part of the CA process. To enter CA final level they have to clear GMCS and ITT exams. Very fewer students succeed in clearing these as these are toughest of all. Many students go for many attempts to clear this level. After so many tries only a few get success.
What abilities aspirates who want to become a CA should have:
CA is one the high earning job as in this he deals with finances. A beginner gets 30000 to 45000. 2 to 5 years experienced get 55000 to 70000 and those who have experience of 5 years of more can earn 1 lakh to 3 lakh.