Charted Accountancy: A Lucrative Career Option

Among various career options, Charted Accountancy is no less than others in terms of salary and status. So if you have interest in commerce and possess highly calculative and analytical mind, you must be a Chartered Accountant. With a view to standardize the quality and quantity of professionals dealing with accountancy work, there has been founded an Accountancy Association in all the countries of the world. In India it is known as the Institute of Chartered Accountants of India (ICAI).

Career in CA has a very bright prospect and after the completion of the course, you can get a chance to work with huge corporate houses. Chartered accounting career is such a career course which most boys and girls like to pursue. At present it is reckoned among one of the best career option because of the increasing number of business industries and corporate houses in India.
The course of Chartered Accountancy includes PE-1, (Professional Examination), PE-2 and Final. Apart from these three stages, people are required undergo the mandatory two and half years of practical training and a 15 days’ GMC (General Management and Communication) program before they submit an application for the membership of Institute of Chartered Accountants of India.
Chartered Accountancy Courses

The courses involved in Chartered Accountancy are a combination of practical training and theoretical education. The three stages: PE-1 PE-2 and Final part involves the theoretical part and one is required to qualify all of them. And as a part of practical training, one has to undergo a two and a half years of practical training and in the end comes GMC program which lasts for 15 days.

It is necessary for the candidates to get registered with the Institute of Chartered Accountants of India, if they want to sit for the examination. They are given 10 months as the minimum period for each stage of study. As far as exams are concerned, they are held two times in a year.

CA as the Best Career option

There is no scarcity of jobs for Chartered Accountants and it is true that it is one of the best career options in terms of both financial gain and prestige. After attaining the membership to the Institute of Chartered Accountants of India, you can either go for public practice or work with any organization at the private or public sector or sector. So it is all up to you to decide what you want to do.

Eligibility for CA courses: You are required to have the 10+2 exam for PE-1. The minimum duration for this level of study is ten months.

For PE-2: You are required to qualifying either the PE-1 or Foundation course to obtain an eligibility certificate meant for both the groups from the Board of studies.
For Final: Only after passing the Intermediate or PE-2 exam, you become eligible for this final level. Apart from these three stages, it is mandatory for you to compete the practical training session of two and half years and 15 days’ GMC program. Having done all these things you can go for the membership to the Institute of Chartered Accountants of India.