Is there a shortage of Chartered Accountants in India?
As of April 2018, there are only 2.82 lakh CAs in India, and out of which only 1.25 lakh members are in full-time practice that makes approx. 44\% of the total strength.
Is chartered accountancy a stressful job?
Is pursuing a CA a stressful job? Ans: No, pursuing CA is not a stressful job. Candidates opted for CA has to do hard work for preparing for the CA exams. They need to devote more of their time to preparations.
What is the future of CA in India?
CA can choose to start up their own independent practice or make their clients on the basis of merit. They can also apply for the job of Chartered Accountant in an existing firm. They can also give their services for the capital market. The qualified CA can apply for a government job, public or private sectors both.
Is chartered accountancy easy?
The exam is not very hard. It can be attempted by students who have completed 12th standard, graduates and professionals. The syllabus and examination are modelled in a way that even students can crack them. But, still, it is considered as one of the hardest tests to crack in India.
Is CA a good career in India?
Chartered Accountants are regarded as one of the highest paying career professionals in India. Chartered Accountancy is a good career option if you are interested in subjects like taxation and accounting. The entire Chartered Accountancy course duration is almost 5 years.
Can a Chartered Accountant firm in India have any logo?
Originally Answered: Can a Chartered accountant firm in India have any logo other than provided by Indian chartered accountants of India on its website & official documents? Since Chartered Accountants in practice/firms of Chartered Accountants are not permitted to use logo with effect from 1st July, 1998, they cannot use logo on Website also.
What is the role of Chartered Accountants in every field?
A Rational person can see the participation of Chartered Accountants in every field. Whether it is related to budget forecasting, Tax planning, preparation of books of accounts, capital budgeting, financing or any other activity, need of Chartered Accountants are in every field. Their expertise knowledge is required in every area.
How to become a Chartered Accountant (CA) in India?
In India, the Institute of Chartered Accountants of India (ICAI), conducts CA exams and certify a candidate as a qualified Chartered Accountant on successful completion of the three-level course. Common Proficiency Test is the entry level exam for CA course, followed by Intermediate and Final examination.
What is the role of a CCA in the Indian economy?
CAs are foundation base of the economy and utilizing the financial expertise, the nation gets right direction in various financial and economy related measures to enhance the decaying Indian economy and enhance the economy along with industrial growth.