Chartered Accountancy

ABOUT CAREERS

Do you naturally have an affinity for math and solving problems? Do you enjoy finance and accounting? Do you naturally have a passion for business? If so, you ought to pursue a career in chartered accounting.Chartered Accountants (CAs) are professionals in the business and financial domains. CAs would counsel their clients on investments, money management, and other financial matters. Auditing, taxes, financial accounting, reporting, and general management are their main areas of responsibility. CAs are employed by the government as well as by commercial companies.As an illustration: One of India’s most prosperous chartered accountants is TN Manoharan. He is Canara Bank’s chairman. His most famous achievement was reorganizing Satyam Computers, the IT business rocked by an accounting scandal. He was also a former President of the Institute of Chartered Accountants of India (ICAI).Kumar Mangalam Birla is another example of one of the most famous Chartered Accountants in India. He is the Chairman of the Aditya Birla Group, which is one of the largest conglomerates in the country.

Roles and Responsibilities

  • Prepare, examine, or analyze accounting records and financial statements.
  • Analyze financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
  • Establish tables of accounts, and assign entries to proper accounts.
  • Provide internal and external auditing services for businesses or individuals.
  • Analyze business operations, trends, costs, revenues, financial commitments, and obligations to project future revenues and expenses or to provide advice.
  • Advise management about issues such as resource utilization, tax strategies, and the assumptions underlying budget forecasts.
  • Report to management regarding the finances of establishment.
  • Develop, implement, modify, and document recordkeeping and accounting systems, making use of current computer technology.
  • Compute taxes owed and prepare tax returns, ensuring compliance with payment, reporting, or other tax requirements.
  • Maintain or examine the records of government agencies.
  • Advise clients in areas such as compensation, employee health care benefits, the design of accounting or data processing systems, or long-range tax or estate plans.
  • Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs.
  • Represent clients before taxing authorities and provide support during litigation involving financial issues.
  • Prepare forms and manuals for accounting and bookkeeping personnel and direct their work activities.
  • Appraise, evaluate, and inventory real property and equipment, recording information such as the description, value, and location of the property.
  • Survey operations to ascertain accounting needs and to recommend, develop, or maintain solutions to business and financial problems.

Salary and Demand

  • Demand is High for Chartered Accountancy.
  • Salary levels are High for Chartered Accountancy. For fresher average salary is more than 5 Lacs.
  • Fees levels of the course is Medium. To pursue this course student need to spend 3 to 4 Lakhs.
  • Level of preparation for Chartered Accountancy is High. Students spend more than 1 year to prepare for entrance test of Chartered Accountancy.

careers video

Get in Touch with Us for More Information and Guidance!