This is the best professional course for building a successful career in commerce.Becoming a Chartered Accountant opens the various doors to exciting career opportunities in diversified sectors.You can act as a Tax Consultant,an auditor,an advisor,a financial officer and so on depending upon whether you go in your own independent practice or you settle for a corporate job.
What is a Chartered Accountant ? A Chartered Accountant is the person apply for membership either by passing all three levels of examinations prescribed by ICAI and completing three years of practical training or by availing themselves of exemptions under mutual recognition agreements (MRAs).The Chartered Accountant’s profession is very popular among the youth. Seeing the growth, stability and sophistication that the job profile brings, its popularity is well spoken for.
There is Chartered Accountants work in a wide range of business Companies and sectors and in a broad spectrum of roles, from Chief Executives to Financial Controllers. Below are a few examples of the type of positions that Chartered Accountants occupy.
1. Tax Accountant : Tax Accountant has major role in aspect of running a business and helps to prepare corporate and personal income tax statements and formulate tax, from day-to-day VAT to share schemes.large corporations are looking for Chartered Accountant persons with skill of accounting and a legal background in tax. While tax issues vary by sector.
2. Management Accountants : Management accountants has major role in cost analysis, analysis of new contracts and participation in efforts to control expenses efficiently.He participates in decisions about capital budgeting and line of business analysis in companies.His work is analysis of the structure of organisations.and check spent money in a company at the right level of our organisation.
3. Financial Accountants : Financial accountants prepare financial statements based on general ledgers and participate in important financial decisions involving mergers and acquisitions, benefits planning and long-term financial projections. This type of work can be really varied – one day you may be running spreadsheets, the next you may be visiting a customer or supplier to set up a new account and discuss business. This work requires a good understanding of both accounting and finance.
4. Budget Analysts : Budget analysts are responsible for developing and managing an organisation’s financial plans. There are plentiful jobs in this area in government and private industry. Besides quantitative skills, many budget analyst positions require superior people skills because of negotiations involved in the work.
5. Auditor : Auditor checks accounting ledgers and financial statements within corporations and government, and is the basis of much of accountancy practice. Auditing work is becoming increasingly computerised and can rely on sophisticated random sampling methods. This area may involve considerable travel and allows you to work in a wide array of sectors, to get a great understanding of how money is being made and managed.