The career path of a Chartered Accountant is a lucrative one, providing ample job opportunities to aspirants. This blog entails the detailed process of becoming a CA and unlocking career prospects for your future. It's honored for his proficiency in tax, account and financial operation. Consulting services Accountants play an important part in the business world. This blog will guide you through the process, skill norms, If you want to become a CA.
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The CA profession is quite popular among the youth and here are some reasons why thousands of students every year apply to become one:
- High salary: This is one of the most prominent reasons for students wanting to become a Chartered Accountant. CAs in India are paid huge remuneration packages in return for the expert financial advice and services they offer.
- Global recognition: The Institute of Chartered Accountants of India (ICAI) enjoys global recognition, making it easier for CAs enrolled with the institute to find jobs in any part of the world.
- High industry demand: There is always a demand for these skilled professionals in every sector and industry of the country. This can be attributed to the significant contribution they make to an organization - handling its finances and maintaining the overall financial health of the company.
- Legal protection: CAs are skilled in identifying any potential problems with the financial operations of the organization they work for. This enables the company to take timely preventive measures and avert any legal problems.
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How To Become A CA (Chartered Accountant)?
If you’re ready to start your career as a Chartered Accountant, listed below is a step-by-step process to get started:
- Evaluate your decision well: So you have decided to become a CA but it’s important to take time and assess that decision to ensure that you don’t quit midway. Identify the inspiration behind becoming a CA and also list all the good and not-so-good points of pursuing a career in this field.
- Sign up for the Foundation Course: This applies to students interested in pursuing a CA career path immediately after completing class 12. You would need to enroll yourself for the CA Foundation Course through ICAI.
- Graduates need to enroll for the Intermediate Course: If you are applying to become a CA after completing your undergraduate degree, you can skip the Foundation Course and directly sign up for the 9-month Intermediate Course that primarily covers Accounting. Also, students completing the Foundation Course after class 12 will be required to enroll in the Intermediate Course as the next step to becoming a CA.
- Start your hands-on training program: The next step after completing the Intermediate Course is to start the practical training where students are encouraged to work directly with registered CA professionals and complete the assigned tasks. This way, CA aspirants gain hands-on experience working in the real world of Accounting. During the training, students sign up for the CA final course and also pursue a one-month course on Technology.
- Clear the final CA exam: As stated above, you will be enrolling for the final course, which takes you one step closer to your dream of becoming a CA.
- Register with the ICAI: Once you complete the final course, you will be required to register with the Institute of Chartered Accountants of India (ICAI). As a registered member of the institute, you can start working for an organization as an authorized CA or start independent practice of your own.
Online Courses To Prepare For CA Exam
We detailed the step-by-step procedure to become a professional practicing CA in India. Clearing the CA examination is one of the key steps in the process. The good news is - there are many online courses available on different platforms that can help you with preparing for the examination and boost your chances of clearing it amidst tough competition.
Some of the most popular online courses are listed below:
- Internal Auditing - Fundamental Principles & Concepts
- Practical GST & Indian Income Tax Course & Certification
- Basic Accounting
- The Fundamentals of Risk-Based Auditing
- Certificate Course on Forensic Accounting and Fraud Detection
Amity Online offers many online courses to help prepare students for CA competitive exams. Choose a course on the platform that best aligns with your academic background and career aspirations and gear up to sit for the CA exam, your first step to becoming a CA.
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EnrolL Now →Conclusion
Chartered Accountants are among the top-demanded skilled professionals in every industry in India. How to become a CA, some of the top qualities required are educational qualifications, practical training, and perseverance. You would need to clear competitive exams as well.
This blog explained in detail the procedure for becoming a CA in the country, including some of the online courses that you can consider pursuing to assist in your preparations for the CA exam. These courses are convenient to pursue anytime, anywhere, and offer the flexibility of learning at your own pace. With the right training and by following the procedure outlined in this blog, you can aspire to unlock career opportunities for yourself and chart a path of future success.
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