Chartered Accountant Jobs: How to become a Chartered Accountant and how much is CA’s salary?

chartered accountant jobs

Chartered Accountancy

Chartered accountancy is the most important area associated with trade. Chartered accountant is required to run the company smoothly with the benefit of the company. In the era of capitalism, the value of the market increases and every big company is trying to grab more and more markets. In such a situation, tremendous competition is seen in companies.

In addition to keeping a variety of business accounts for each company, creative ideas are needed for progress. All such responsibilities require a chartered accountant.

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Friends, this is a very challenging area. In which to build a career, a deep understanding on the subject of socio-economic and market is mandatory. Good grip on mathematics is also necessary with the ability to analyze all the finer aspects associated with the business. It should also be used in practical knowledge regarding business related knowledge.

How Chartered Accountant Became

To become a Chartered Accountant, you must become a member of the ICAI Institute of Chartered Accountants of India (ICAI). The best part is that you can register for CPT Common Professional Test (CPT) only after you pass a high school.

After 10 + 2, you have to take this exam. Here are the basic principles of accounting, mercantile law, general economics and quantitative knowledge related questions.

Students and young people who have passed the graduation examination from any class can sit directly in the second phase examination. There is no obligation to take the CPT examination for them. In this phase you will have to pass the IPCC Integrated Professional Competition Course (IPCC) Examination.

This group, divided into 2 groups, consists of 7 papers related to accounting, business communication, taxation, auditing, tax etc.

In the third phase, you have to pass the final exam of Chartered Accountancy. This test is counted among the world’s most difficult exams. It is also divided into 2 groups. In this examination, you have to give total 8 papers related to advanced level strategic financial management, auditing, corporate law, advance level accounting, information technology, tax etc.

You can become an ICAC member only after passing this final exam.

After doing CA job and salary

After becoming a member of ICAI, you can apply for any government-semi-governmental or private entity in the office of company secretary, economist, accounting, banking, stock broking etc. ICICIC Prudential Life Insurance Company, can apply for jobs in Wipro Ltd, ITC Ltd, Jindal Steel & Power Ltd, Bank, any auditing firm etc.

According to merit and ability, the pay scales of the chartered accountant changes. But at an average level, a chartered accountant gets an annual pay scale of 8 lakh to 12 lakh. An overseas company can have an annual pay scale of 16 lakhs to 22 lakhs.

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