CA Books

1. What is the career opportunity for Chartered accountant A CA is considered to be a very well know profession in India. The growth for this field has tremendously increased in the past few years to its importance in high-level service and various company to handle their finance and economics revenue status. It’s been well known around students not only because of the salary it provides but also because of the responsibility one will have if they qualify in CA examination. There are many students are willing to become a CA (Chartered Accountant) irrespective of their stream they had selected in class 12 after they have cleared their Class 10 examination. There are other students who decide to carry forward their career to become a CA after competition of their bachelor or master’s degree in commerce with at least 55%, those candidates are also eligible to appear for the examination if they have completed their bachelors or masters degree in any other stream but for them, the minimum criteria is to obtain 60% marks in their degree to qualify for CA exam. It not just about obtaining great mark in the examination but it is also about having a work experience by working closely with professional as part of the 450 days of practical work experience. The examination should be cleared along with the training you will have at the different workplace for an experience of real scenario. There are basically 2 main levels which is to be cleared after you are qualified CPT i.e. the entrance exam.The first level includes IPCC (Integrated Professional Competence course) which is bifurcated into 2 groups where the first group has 4 papers: Accounts, financial management, law, tax. While the second group has 4 papers: advance accounts, audit and IT. While preparing for the examination one should always consider Chartered accountant books and CA CPT books, because of the more you read and learn the better you become. The examination would be a bit tricky for the first timers and it is advisable for them to go through various CA Previous year question papers for a better understanding of the exam pattern. There is a large option available for all those who have cleared their CA and want to practice further by becoming a part of any of the following way: Taxation: International taxation consultancy for companies which involve party like foreign entities, mainly help them in tax planning like GST/customs. As its dynamic field where various policies get updated, one should always be considered the constant reading of chartered accountant books to stay up to date. Management Consultancy services: You can be part of the company’s crucial decision like advising about project financing, mergers acquisition, rearing financial statement for companies. Auditing: Audit of companies which are governed by rotation, management audit of companies, forensic audit, cooperative audits. Be a part of a big audit/ consultancy firm: Most of the company prefers hiring a consultancy firm for their accounting, taxation, and auditing as it seems to become simple and it every cost efficient. This has increased the opportunity for CAs to join various firms so that they can provide service to other company via them. The salary for the CAs is been paid by the firm instead of the company who hires them. Join a government body: CAs can even join to work in civil services source where they can attain position like the president of ITAT tribunal, SEBI chairman which can be achieved by working for the body for a long period of time. Become an entrepreneur: Some chose the option of working as a freelancer for various company, this is beneficial for both the party, the company and the individual. https://diigo.com/0ejx0e