Chartered Accountancy is a Professional course with 3 levels – Foundation, Intermediate and Final. This course has worldwide recognition.
Government of India, through an act of Parliament, established The Institute of Chartered Accountants of India (ICAI) to regulate the Chartered Accountancy (CA) profession in India. Institute of Chartered Accountants of India (ICAI) is the 2nd largest professional body of Chartered Accountants in the world.
Chartered Accountancy is a Professional course with 3 levels – Foundation, Intermediate and Final. This course has worldwide recognition.
Whether it is a company, sole proprietorship, partnership, LLP, Trust, HUF, Society or any other form of organisation, all of them would have some requirement where they would require the services of a CA. In that sense, Chartered Accountant is a very important person for any business, NGO, hospital or educational institution today.
Normally, whenever we talk about CA profession, students think that the work of a CA is mainly related to accounting. But that is not all. A Chartered Accountant, today works in the areas of Accounting, Financial Management, Taxation, Corporate Law, Corporate Finance, Stock market, Banking (retail, corporate or investment banking), Project Finance, Capital markets, Private Equity or IT. So, if you are a CA, a wide array of jobs across various industries await you. Thus, you have amazing career options which only very few elite courses/degrees provide in India.
Pursuing this course is about competing with yourself. Merit and only merit works. It is about whether you have cleared an exam or not. The end result is whether you have passed the level or not.
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Chartered accountants were the first accountants to form a professional accounting body .Chartered accountants work in all fields of business and finance, including auditing, taxation, financial and general management.
This is the identification for the second level of the CA (Chartered Accountancy) course conducted by the ICAI (Institute of Chartered Accountants of India). The course is identified as IPCC (Integrated Professional Competence Course).
CA stands for Chartered Accountant. It is a professional designation in the field of finance. A charted accountant is a highly qualified professional who has expertise in taxation, audit and management of financial issues.
The Institute of Chartered Accountants of India (ICAI) is a statutory body set up by an act of Parliament, i.e. The Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) for the regulation of the profession of Chartered Accountancy in the country.
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