Preparing for the qualifying exam takes months of sincere practice and dedication. Pro tip: Conduct research on the different organizations conducting placements in their universities before deciding where to work. This proves helpful for aspiring CA’s as a fundamental requirement for chartered accountancy is a minimum work experience of 3 years under a certified employer. The employers providing job opportunities will also have registered financial firms that can help you gain the relevant exposure you need as a chartered accountant. Once undergraduate programs are complete, students often opt to take part in the placement process to gain a job opportunity. These programs train you with dedicated exam courses and also help you focus on acquiring the skills required to crack the exam and fare well in your career. So taking relevant courses such as statistics, auditing, taxation, and finance can be a great way to strengthen your foundation in quantitative methods and prepare for the chartered accountant exam.Ĭompleting a preparatory course, besides an undergraduate degree, can create a firm foundation for the profession.Īnother good step to take is enrolling in a chartered accountancy preparatory program. Most undergraduate universities in your city will be offering weekend courses or extra accounting classes in addition to your regular subjects. These degrees are around 2 years and will help you lay a foundation for a career as a CA. There are also a good number of professional institutions that offer associate degrees in accounting. Some of the most preferred undergraduate specializations for aspiring chartered accountants include-Ĭhoose your program depending on what you expect to achieve with your undergraduate qualification. One of the first steps to receiving this accreditation is completing a recognized 4-year undergraduate program. There are several educational requirements that you need to complete to become a practicing CA. This can include a myriad of opportunities across public and private sectors. For example, you can choose to shape a school’s budget, direct an organization’s funds, prosecute criminals, or advise charities on filing taxes! 2. Understanding what kind of professional career you hope to achieve with a chartered accountancy qualification will help you determine what kind of training you need to receive and also what kind of organization you see yourself working in.Īnother aspect to take into consideration is the kind of work that you want to do as a chartered accountant. There is a wide range of options to select from under this broad spectrum. To become a CA professional, the first step you need to take is choose a path that is most relevant to your interests and professional goals. Do your research on chartered accountancy It’s also possible for a CA to choose more than one niche. Many opt for the specialization that they are most interested in, depending on the umbrella they choose to work under. Their job also includes financial advising, corporate tax returns, and auditing of financial statements.Īccountancy professionals specialize in 5 niches within the industry. So let’s get started! Who is a chartered accountant?Ĭhartered accountants are skilled professionals who have the qualifications to monitor a company’s finances, provide financial feedback and suggestions. And if you want to be a part of this boom, you need to learn all that you can about chartered accountancy. There is a continual rise in the demand for qualified Chartered Accountants in countries around the globe. The top four leading accountancy firms in the United States employed over 1 million accountants from across the world. But this growth is not limited to America. The accounting industry was estimated to value a whopping USD 157 billion in 2020.
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