Career as a Chartered Accountant (CA)

Tuesday, 28 August 2012

Career as a Chartered Accountant (CA)

A Chartered Accountant (a.k.a. CA) is one who is specialized in accounting, auditing and taxation. CA handles matter related to accounts and finance, and also serves as a management and corporate caretaker.

Chartered Accountant’s Motto:

Analyze
Audit
Advice

A Day in a Chartered Accountant’s Life:

Prepare and analyze financial reports for organizations
Create balance sheets, income and loss statements, tax statements
Offer services to public in need of financial advice and expertise
Prepare company expenditure reports, pay slips and balance sheets
Work on wealth management, financial advice and tax audits
Suggest tax mitigation for business investments
Auditing, bookkeeping and budget control
Keep check on profit/loss, cash flow estimates and capital budget
Deal with direct tax, wealth tax, income tax and filing returns
Provide consultation in internal audits, corporate law , project planning
Act as arbitrator for dispute settlement, handle work related to insolvency

Skills Required for a Chartered Accountant:

Excellent numerical ability
Good business acumen
Strong communication & negotiation skills
Independence of thought and integrity
Concentration, meticulousness and attention to detail
Logical and analytical skills
Stay up to date with latest policies and laws
Ability to work under pressure with deadlines
Basic computer and financial software skills

Career Map for Chartered Accountant:

Abbreviations:

CPT: Common Proficiency Test
ICAI: Institute of Chartered Accountants of India (http://icai.org)
IPCC: Integrated Professional Competency Course
ATC: Accounting Technician Course

Specializations:

Accountancy & Auditing
Taxation & Cost Accountancy
Investigation
Share Valuation
Budget Planning
Inventory Control

Curriculum for Chartered Accountant:

Job Avenues for a Chartered Accountant:

Registered Audit firms
Chartered Accountancy Firms
Management Consultancy firms
Law Firms
K.P.O’s and B.P.O’s
Banks and Financial Institutions
Equity Research Firms
Tax Advisory Firms
Risk Management Firms
Own Proprietary Practice

Other Related Careers:

Accounting Technician (ATC)
Cost Work Accountant (CWA)
Company Secretary (CS)
Tax Preparer
Auditor
Chartered Financial Planner (CFP)
Certified Internal Auditor (CIA)
Certified Public Accountant (CPA)

Growth Track for Chartered Accountant:

Salary Expectation:

Avg. Salary for junior accountants is Rs. 25,000 to Rs. 30,000 per month
Avg. Salary for experienced CA’s is Rs. 50,000 to Rs. 80,000 per month
CA’s can earn handsomely through their own practice

Regards,

Farzad Minoo Damania

Counsellor & Training Specialist
Career Nurturer
http://www.careernurturer.com
http://www.facebook.com/careernurturer
http://farzadminoodamania.blogspot.com

Mrs. Rochlani – 24^th April 2020

(Parent)

Mr. Damania is a thorough professional with in depth knowledge about his subject. The counselling session with him was pleasant as well as insightful. My son could connect with him instantly. He conducted the session with a lot of patience, elaborating each point and making sure that the logic is understood without imposing anything. His advice is definitely going to stay with us a long way. Thank you.

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Dhruv – 24^th Oct 2019

(Student)

It was a great experience. Mr. Farzad is a great person to talk to, extremely friendly and approachable, and it was a session spent well which will be very beneficial for me.

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Mrs. Bagwe – 3^rd Apr 2019

(Parent)

Very helpful session on career guidance. Had a personal touch during the counselling. Very informative on future career options in academics and how to set career goals. Thank you very much.

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Ananya – 4^th Dec 2018

(Student)

Felt great to know more about the field I need to get into. Very impressed by the way he helped in deciding which career to take after 10th. Overall, I would say it was very good.

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Dhwani – 5^th Aug 2018

(Student)

It was an enlightening experience which provided much needed clarity. There was a structured outline given which helped me. Overall it was an extremely helpful and communicative session.

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Mrs. Masurkar – 23^rd Apr 2018

(Parent)

We had an amazing experience with Farzad Damania. We came across different fields of education, very informative. Thanks a lot for providing us insight into different fields.

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Mrs. Dahiya – 2^nd Jan 2018

(Parent)

Mr. Farzad was very thorough in connecting the dots about my son’s interests and aptitude and explaining the career options available to him to play to his strengths. Thank you!

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Rachita – 15^th Oct 2017

(Student)

I had a great experience. Now I am clear with what career I have to choose. Thank you so much for guiding me with my career options.

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Dr. Kuthari - 30^th Jul 2017

(Parent)

Elaborate, thorough, scientific. Very insightful and knowledgeable. It was pleasant and delightful experience. Wishing all the very best to Mr. Farzad for future. Keep up the great work.

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Shefali - 12^th Apr 2017

(Student)

It turned out to be extremely helpful. It made my career choices really clear and I know what I should do now. The tests helped to get to know myself better and where I stand. It was a nice experience and I would recommend others to reach out to you for help as well.

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Neketra - 4^th Feb 2017

(Student)

I am extremely happy and now much more aware of the different careers available; and also aware of what kind of careers I would be suitable for. A huge thank you to Farzad Sir for enlightening me and helping me put things in perspective.

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Dr. Sanghavi - 22^nd Jan 2017

(Parent)

It was an excellent meeting with Mr. Farzad regarding my daughter's counselling. He seems very sincere in his work, his guidance, analysis and evaluation process are up to the mark. Overall very happy experience and got clarity about my daughter's future. I would definitely like to refer his name to others.

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Mrs. Menon - 31^st Dec 2016

(Parent)

Mr. Farzad Damania is to say the least, a true Career Nurturer. Great clarity, excellent research in the field of education. He helped us understand our son, his strengths and weaknesses and most importantly his ability and direction he has to take for a fruitful future. Would recommend Mr. Damania to all my friends. To add to this a thorough gentleman!

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Ketaki - 3^rd Nov 2016

(Student)

Very professional. Thank you for truly showing and channelizing my focus in the right direction. The counselling has opened many fields and interests and has given a large scope for career choices. I would recommend every individual to take the aptitude tests for a more secure and brighter future in career.

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Abhinav - 14^th Sep 2016

(Student)

It was a really good experience. I understood a lot about the options available to me after 12th. It was way better than the other career counselling that I had visited earlier. I would like to thank you Sir for explaining to me everything in detail. It was an wonderful experience.

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Mr. Shah - 7^th Aug 2016

(Parent)

We are satisfied with your counselling and you have given right direction for the future of my son.

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Mr. Nilesh - 31^st Jul 2016

(Parent)

Time very well spent. Excellent analysis and timely guidance to my daughter. Mr. Damania, thank you very much.

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Tuesday, 28 August 2012

Career as a Chartered Accountant (CA)

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