How to become a Chartered Accountant after 12th

Chartered accountant designation is worldwide, and it refers to professional accountants who are qualified to take on a number of specific activities within the spectrum of accountancy. Such tasks include auditing financial statements, filing of corporate tax returns and financial advising. Chartered Accountants have been a mark of excellence across all aspects of business and financial life for over 150 years. Today, Chartered Accountants advise organisations, lead major companies, shape economic policy and deliver effective financial management and reporting.

For detailed information CA CPT Entrance Exam 

What Chartered Accountants Do

There are four areas in which these accountancy professionals serve. They are taxation, financial accounting and reporting, applied finance and management accounting. The specialization an accountant chooses determines under which umbrella he or she works. Chartered accountants can wear a number of hats. It’s possible that they may oversee a corporation or business’s entire accountancy needs. They may have a more narrow function such as being in charge of just one aspect of a business like auditing or taxes. Many of these highly skilled workers will go out on their own as freelancers or consultants for hire.

Reasons Chartered Accountants Are in Demand

There are a number of reasons why a business, corporation or individual would want to hire a chartered accountant. Many financial and accounting matters are quite sensitive and require someone incredibly knowledgable to undertake them. Business people want to feel assured that their monetary issues are being competently handled, without worry of legal ramifications or errors that could cost them money. They want to hire the best and most qualified accountants.

The eligibility requirement to become a Chartered Accountant:

  1. A candidate is eligible for enrolment to Accounting Technician Course (ATC) on passing the Common Proficiency Test and Senior Secondary Examination (10+2 examination) conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto.
  2. A candidate who has already passed Entrance Examination or Foundation Examination or Professional Education (Examination-I) shall be eligible for enrolment to Accounting Technician Course subject to complying with relevant conditions.
  3. A candidate who was already registered for erstwhile Intermediate/ Professional Education (Course-II)/ Intermediate (Professional Competence) Course shall be eligible for enrolment to Accounting Technician Course subject to complying with relevant conditions. Students who have registered for the Intermediate (IPC) course without the option of ATC can also opt Accounting Technician Course subsequently.

How to Become a Chartered Accountant

How to become a chartered accountant depends upon the country where you want to work, as each has its own requirements for certification. Regardless of specifics, chartered accountants do meet more stringent academic and practical requirements than other levels of accountant. In most cases, there is a standard bachelor’s level degree consisting of coursework in business and accounting subjects, followed by a practicum or internship or some kind and then a specific program in chartered accounting principals. A person must be quite dedicated in order to achieve the rank of CA, but the position is a well-respected one that usually carries a higher salary than other types of accountant.

Institutes offering Chartered Accountants course:

The Institute of Chartered Accountants of India (ICAI) is both an examining and a licensing body. It is the responsibility of the institute to conduct the Chartered accountancy (CA) Courses throughout the country. A CA programme is of two years apart from the training period. It has three sections, Competency Professional Test (CPT) that was earlier known as Professional Education exam PE1, Professional Competency Examination (PCE) and Final examination

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