Should I Pursue CA? A most commonly asked Question, Answered!
If you search on Google about the top 10 most difficult courses to pursue, you will definitely find CA examinations. CA also known as CHARTERED ACCOUNTANT, is one of the toughest courses in India and almost 4 out of 5 commerce students have once thought of pursuing and becoming a CA. We would say why think about becoming a CA? Start pursuing today. As people say chase your dreams, so start chasing yours and become a Chartered Accountant, one of the most respected and rewarded professions in our country.
We know there must be a lot of questions popping up in your mind which may be or somewhat maybe related to –
- Should I pursue or should I do CA or not?
- Who can or who should do CA course?
- Why should I choose CA as a career?
- Is CA worth doing in future?
- Is CA a good option for career?
About Chartered Accountancy Course
Let’s begin by a quick go through of some important details and points about CA course.
Chartered Accountancy is the study of methods and procedures of accounting and taxation. In CA one does not need to pursue degrees or attend college to get a degree, then pursue master’s degree and further go for Ph.D. CA is a whole of a professional degree in itself and is recognized by ICAI (INSTITUTE of CHARTERED ACCOUNTANTS of INDIA). In CA, one needs to qualify all the three levels of examinations which are – CA Foundation, CA Intermediate and CA Final. Hence to work as a CA professional, you must qualify all three levels of CA examinations. All the examinations of CA are conducted by ICAI, twice in a year in the months of May and November. There are two paths in CA examinations –
- Foundation path- students who wish to pursue CA via Foundation path should complete their 12th class from any institution which is recognized, in order to be eligible to appear for CA Foundation.
- Direct entry- Candidates who wish to pursue CA via direct path should posses an undergraduate degree to register with ICAI and appear for Intermediate exams. The non-commerce candidates should posses 60% in aggregate whereas commerce candidates should posses 55% in aggregate in their under graduation.
To know complete details about CA Level-wise Registration, Direct Entry, Elibility, visit the following:
- For CA Foundation- Click Here
- For CA Inter- Click Here
- For CA Foundation- Click Here
Role of a Chartered Accountant
A well-skilled Chartered Accountant plays an important role and handles different financial duties in a firm. They perform Auditing & Assurance, Tax Consultancy, Accounting Services, Accountants & Finance Outsourcing, and Financial Reporting.
Almost every registered company or firm under the Company Act has a CA that ensures to manage different tasks like Financial Controllers, Finance Managers, Financial Advisers, or Directors and inspect their accounts.
After becoming a CA, there are multiple scopes and jobs for interested individuals pursuing the Chartered Accountant course. Moreover, aspiring professionals can either work in a firm or even start with their private practice if they like.
CA Scope in India
Many candidates ask that how much do we need to study for CA? or why do need to study so much for CA? what is the scope after becoming CA? It is a point to agree that studying for CA requires long hours of studying which is very difficult and requires ample amount of focus, attention and dedication. It takes a lot of dedication, hard work and effort to reach the particular level of skillsets to qualify for the examinations because CA is a profession which requires utmost perfection and precision.
Becoming a CA brings a lot of scope as those candidates who qualify the examinations work with business organizations and firm looking after their accounting and taxation work, they can start working as an individual by opening their own firm, they can work as a financial advisors where they work as well as for other organizations. A CA plays a major role in preparation, maintenance of a company’s financial records and reports. A CA can work in any of the business sectors and firms, and also, they can work in more than one businesses or firms. This can happen only once you get qualifies as a Chartered Accountant.
Candidates who are commerce graduates or are from a commerce background mostly look for their careers in CA as they have a basic idea of the core subjects but students from any stream who aspire to become a CA, can definitely enroll themselves in ICAI and start preparing.
When a person chooses their career, they think about it from different viewpoints which are – salary, respect, scope and stability.
- Salary – Chartered Accountancy profession is considered as on of the most rewarded and well-paid profession in India. A CA’s salary is far better than compared to the other employees in the organization. An average CA who has recently qualified to become a professional can expect their annual alary to be around 5-6 LPA.
- CAs are one of the most respected people in our society.
- Chartered Accountancy is popular globally and not only in India; hence we can say that career in CA has a global scope. After qualifying professionally, you can give exams for global certifications if you are looking for a career outside India.
- A job of a CA is very stable as compared to other professions as CAs are required in big or small-scale businesses, public or private or personal firms as every business needs a CA to handle and maintain their financial records, accounts and audit needs.
Career Opportunities
Some of the top profiles for qualified CA professionals are –
- CA – Chartered Accountant
- CFO – Chief Financial officer
- Auditor
- Accounts Clerk
- Financial Advisor
- Tax Accountant
- Cost accountant and many more…
CA Scope Abroad
The scope of Chartered Accountancy in foreign countries has only increased in recent years. CA is an internationally recognized and acknowledged credential that is widely recognized around the world.
The Institute of Chartered Accountants of India has MoUs with several nations that allow CAs to join the ICAI counterpart in those countries. ICAI currently has MoUs with Australia, Canada, England, and the United Arab Emirates.
Due to the growth in business sector, we can safely say that the demand for Chartered Accountants in India will see a huge rise in the coming 10 years. So, gear up and start preparing if you –
- Dream to become a CA
- Work hard to achieve your dreams
- Are ready to face any challenge.
- Think you dream has no limits.
- Don’t care what people think about you.
- Have the guts to face your fear
- Have the courage to face your failures.
- Have the patience.
- Are motivated.
So, if you really are motivated, then visit zeroinfy.in and start your preparation today with best faculties in India.
Zeroinfy
Zeroinfy is the Largest Online Platform for Exam Preparation in India, with over 2000+ HD quality video courses, 95+ best Professors. Presently it covers exams like CA, CS, CMA, UPSC CSE, IIT-JEE. We provide access to the best, most reputed Professors, from across India, by streaming their classes online/ delivering it in pen drives. Moreover these lectures can be viewed multiple times, 24X7, anytime anywhere. In addition to this there is a complete freedom to ask questions and clear all doubts at every step by dedicated faculty who give unmatched, personalized feedback. For furthermore enquiries call 8100800600/601.
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