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Why we choose Chartered accountant (CA) ?


What  is chartered accountant ?

Chartered accountancy has been one of the most popular career choices in India. This profession is not easy to get into but if you manage to do so, it offers a great career path, salary, and respect among people. One of the reasons why people respect chartered accountants is not because of the designation or pay, it is mainly because it is not easy to become one. The path to becoming a chartered accountant or CA is tough and it can be easily said that it is one of the, if not the toughest profession. We like to keep our career guides very real and honest, so we had to open with the harshest truths about this profession. If you think you are determined and dedicated, then let us move into this career line . In today’s world when the commerce field grows more and more in demand, chartered accountancy offers one of the brightest career opportunities. The CA course  comprises education in the field of business, taxation, accounting, and auditing required to excel.

Who is chartered accountant ?

A Chartered Accountant is an accounting professional. After receiving certification from a statutory body they prove that they are qualified to take care of the matters related to accounting and taxation of a business. For example, file tax returns, audit financial statements, maintaining records of investments, reviewing and presenting financial statements. Plus, a Chartered Accountant is also qualified to provide advisory services to their clients. It is one of the ideal career options for students from the commerce  stream. Pursuing a financial management course can also be beneficial to those who are interested in taking up this career. Anyway, India needs more and more good chartered accountants. The pay is higher as well as the designation is very desirable.  A chartered accountant meaning defines accounting professionals with international accounting qualification, apart from the United States, in many countries throughout the world. In the United States, a certified public accountant (CPA) is the equivalent of the CA designation.

Types of a Chartered Accountant

AccountantAn accountant  is a professional who manages accounts of a company. He or she is responsible for creating sales and cash flow reports, maintaining balance sheets and administering payroll. An accountant work responsibilities include carrying out billing activities, managing budgets and keeping inventory. 

ActuaryAn actuary is a finance professional. He or she contributes to development of insurance policies. An actuary analyses financial costs of risk or uncertainty. An actuary applies mathematics, statistics and financial theory to determine the risk involved in potential events. 

AuditorAn auditor is also a finance career. He or she is responsible for ensuring the accuracy of financial records and financial information compliance with state laws. An auditor calculates tax owed and prepares tax returns. His or her work responsibilities involve calculating evaluating the performance of accounting record and payment processes. 

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What is the role of Chartered Accountant?

A  career as chartered accountant is considered as a reputed profession. Chartered accountant  requires good management and decision-making skills, in the public sector. A chartered accountant career involves preserving the credibility of public expenditure. Ensuring whether taxpayers achieve value for money through efficient and accurate distribution and monitoring of resources. Individuals who choose a career as Chartered Accountants who work in practice provide companies with qualified financial services. Auditing, valuation, accounting, financial analysis, risk management and financial structure advising are only some of the wide-ranging services chartered accountancy firms offer.

Tax accounting

From day-to-day VAT to sharing schemes, tax matters arise in every aspect of running a company. Tax accountants prepare corporate and personal income tax statements, and design tax plans which include topics such as financial preference, how best to proceed with a merger or sale, tax deferment, when to spend products, and other.


Working in audit includes reviewing accounting ledgers and corporate financial statements, which is the basis of many accounting practices. Auditing research is increasingly being computerized and may rely on efficient methods of random sampling. Auditing will require a great deal of travel which enables Chartered Accountants to operate in a wide variety of industries.

Financial accounting

A financial accountant's job may be varied, one day they may be involved in significant financial matters concerning mergers and acquisitions, the next they may visit a client or supplier to set up a new invoice and talk about business. This research includes a clear understanding of both financial and accounting matters.

Cost management

Many company accountants have traditionally been mocked as "bean counters." As management accountants most frequently work side by side with marketing and finance staff to grow new companies, this attitude has undergone significant change. Management accountants work in companies and assist in capital financial planning and business account review.

Budget analysis

Budget analysts are responsible for the creation and implementation of financial arrangements for an organization. There are plenty of government and private-sector jobs in this area. Besides mathematical aptitude, due to the compromises involved in the job, many budget analyst positions need superior people skills. The Chartered Accountancy certification provides students with the resources to succeed in this area.

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What are the skills and qualities required to become a/an Chartered Accountant?

Discipline: CA course syllabus is huge and takes a lot of time. Chartered accountancy require hard work, and social life often comes to an end. CA course syllabus is considered toughest and requires extended hours of study. Chartered accountant syllabus tests are difficult, with very poor passing rates. Furthermore, article ships are mandatory for successful completion of chartered accountant qualification. It is infamous for being paid peanuts for twelve to fourteen hours of work. That means students got to have the courage and determination to fulfil the curriculum, tests, and articles. The regular order of the day is to be difficult work. In short, the applicants have to be able to make compromises, maintain their concentration and handle their job and studies intelligently.

Numerical Ability:  In CA course syllabus numbers are set to be students' best friends. Accuracy and pace in mathematics, in general, helps tremendously. The calculator is their reliable companion.

Learning Skills: Most of the students are trying to hurry up and acquire chartered accountant jobs. However, only the conceptually sound can really make progress in the industry. You have to grasp the principles for this, rather than simply mugging methodologies mechanically.

Communication Skills: The applicant will communicate with clients from various sectors and provide tailored services according to their unique requirements during the course of the internship. This requires good communication skills from the CA students.

Analytical Skills: In the case of chartered accountant qualification, analytical skill sets are required.  CA course syllabus require candidates to develop technical qualifications during the period of the article ship and develop analytical skills when working on practical examples.

Project management: Chartered accountancy students should bear in mind that the CA course is a difficult line to walk and involves balancing between the studies and the article ship. Besides, regular practices and continuity will ensure success as the chartered accountant syllabus is very comprehensive and the institute is rigorous in evaluating the mark sheets. A balanced approach is required as all chartered accountant subjects allow the student to score minimum mandatory marks.

How to Become a Chartered Accountant in India?

There are various phases completing which a candidate finally gets certified as a Chartered Accountant. In this profession, candidates explore how to manage the financial liability of a particular business. To Become a CA, candidates need to go through several phases, including fulfilling eligibility requirements, applying and completing the degree needed, etc. Check the stages in the section below.

  • Step 1: Students need to complete the form and apply for the CPT exam which is also known as the Foundation Course. Students can sit for this exam while in school. 
  • Step 2: After completing the foundation course students will have to go through the IPCC Programme which is also known as the Intermediate Program. Students need to pass class 12 boards in order to be eligible. 
  • Step 3: With the completion of the IPCC course, candidates need to undergo CA article ship. This is a 3 year internship under a chartered accountant. This is the opportunity to explore their way of handling accountancy under an Chartered Accountant who is experienced.
  • Step 4: Completing the CA final course and cracking the exams is the final step towards becoming a certified Chartered Accountant. Candidates can apply for the course during their internship span.




Full Form


Chartered Accountant



CA is the highest degree for Chartered Accountants within India. It is exclusively for Indian Students. It covers all the

Taxation and Auditing related subjects along with some common Corporate Law related subjects suitable for the Chartered Accountant profession in India.




Institute of Chartered Accountants of India



10+2 with minimum 60% aggregate marks.

Levels of



3 levels

Admission Process



Examination Type


Level Based

Average Annual Fees


INR 50,000 to 3,00,000

Job Profiles


Accountants, Accounting Managers, Auditing Experts, Taxation Experts, etc.

Average Annual Salary


INR 5,00,000 to 25,00,000