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Chartered Accountancy
Introduction
Chartered Accountancy Course is
a professional course in Accounting
introduced in our country in 1949,
with the enactment of the Chartered
Accountants Act. The Institute of
Chartered Accountants of India (ICAI)
was formed the same year . This
Institute is both an examining and a
licensing body. It is the
responsibility of the institute to
conduct the Chartered accountancy
(CA) Course. The course involves a
blend of theoretical education and
practical training which run
concurrently for a period of three
years and equips a student with
knowledge, ability, skills and other
qualities required of a professional
accountant.
A
Chartered accountant is one who is
specialised in accounting, auditing
and taxation. He also serves as a
management and corporate caretaker.
In recent times, accountancy has
become popular as a profession. The
services of a CA is required in
money matters even in a small
business . Moreover according to the
Company Act only CA's in
professional practice are
allowed to be appointed as auditors
of companies in India. A chartered
accountant is a person who is
accepted as a member of the
Institute of Chartered Accountants
of India (ICAI) after having passed
the Final examination of the
Chartered accountancy course
conducted by the institute.
CA
programme is of two years apart from
the training period. It has three
sections, Professional Education
(course-I), Professional Education
(course-II) and Final examination. A
candidate
who has passed the Senior Secondary
Examination (10+2) or waiting for
the 10+2 exam results can register
for the CA programme. Commerce
graduates with 50% marks,
non-commerce graduates with subjects
other than Mathematics with an
aggregate of 55% marks and
non-commerce graduates with Maths
with an aggregate of 60% marks has
exemption from doing the
professional course I and are
permitted to register for
Professional Education Course II.
The registration for
Professional Education Course-I
& Course II is open throughout
the year. A student may register at
any time during the year. However,
as the examinations will be held
twice a year in May and November, it
is necessary that a student must
register at least ten months before
the examinations.
After passing the Professional
Education exam II candidates are
eligible for registration as
articled clerks/audit clerks for
practical training.Computer Training
Programme is compulsory for the
candidates who wish to register
themselves as auditor clerk.
Students can undergo this programme
while pursuing Professional course I
or course II. Articled clerk is a
trainee attached to a practicing
chartered accountant under a Deed of
Articles for the duration three
years. During this period the
articled clerk will also need to
continue studies for the CA exam. An
audit clerk is a person who has
served as a salaried employee for a
minimum period of one year under a
practicing chartered accountant.
During the training period,
candidates would be required to work
in different areas learning the
basics of auditing and taxation .
This training enables them to learn
the technical details of the job as
well as to get an idea of the
working environment of the
profession.
The
scope for this lucrative career is
bright in an economically developing
nation like ours and as such the
career can be termed as challenging
and rewarding for competent
professionals in the field.
Eligibility: A
candidate
who has passed the Senior
Secondary Examination (10+2) or
waiting for the 10+2 exam results
can register for the CA programme. Click
here for more details
Job
prospectus and Work area :The
growing importance of trade and
industry along with the rapid growth
of capital and money markets in an
economically developing nation like
ours, has increased the importance
of Chartered Accountants enormously.
Click
here for more details
Course
Details: Anyone who has a 10 + 2
can enroll for the Professional
Education Course I . Click
here for more details
Remuneration: Chartered
Accountancy is a well-paid
profession.
Click here for more details
Useful
contacts: Click
here for more details
Institutes
: Click
here for the list of institutes
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