Courses in Accounting

Courses in accounting are in high demand today. Everyone wants to get a better job by doing a professional course. But in today's job market, a BA, BSc, or BCom is not enough. To move your career forward, you need professional courses alongside your degree. Accounting is a career needed by every small or big private and government company. Demand for accounting professionals increases every passing day. It has become a very demanding field. With the expansion of private companies and the arrival of multinationals during the liberalization period, demand for experts like CA, ICWA, CS, and Computer Accountancy professionals continues to rise. Accounting is an area where your career graph can increase rapidly. Most commerce students want to enter accounting, but this field is open to students from other streams as well.

Chartered Accountancy (CA)

Among courses in accounting, Chartered Accountancy (CA) comes first. A chartered accountant specializes in auditing, taxation, and accounting. The CA professional is becoming increasingly popular. Even small companies and businessmen need a CA to manage their economic issues. Indian chartered accountants are now in good demand abroad, especially in West Asia, Australia, and Singapore. Demand for chartered accountants in the industry is on the rise. However, the work is quite challenging. If you complete the final course operated under the Institute of Chartered Accountants of India (ICAI), you have opportunities in Accounting, Auditing, Corporate Finance, Project Evaluation, Company and Business Law, Taxation, and Corporate Governance. According to the Companies Act, only chartered accountants can audit a company in India. After passing the final examination, you are accepted as an Associate of ICAI. ICAI's headquarters is in New Delhi, with five regional offices in Kolkata, Kanpur, Chennai, Mumbai, and New Delhi. Compulsory practical training is done alongside theoretical education in the CA curriculum.

Eligibility for CA After passing the 12th standard, you can take the CPT (Common Proficiency Test) for admission. Commerce graduates with auditing, commercial law, and accountancy can also do this. Students from Arts and Science streams can also pursue the CA course. After clearing CPT, three months of articleship training and 100 hours of ITT training are required. Then you must pass the Professional Competence Examination (PCE). Eight months of audit training is equivalent to six months of articleship training. After PCE, you must pass the final exam. After clearing it, you can practice as a chartered accountant.