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   Chartered Accountant

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To become a CA, you need to pass the final exam of chartered accountancy and be registered as a member of the Institute of Chartered Accountants of India.

The professional course of a chartered accountant is of 3 years’ duration and is a blend of theoretical education and practical training so that students acquire knowledge as well as professional skills. The CA course is conducted by the ICAI, which has its headquarters at New Delhi. It has five regional offices at Bombay, Calcutta, Madras, Kanpur and New Delhi with 81 branch offices across the country.

The CA programme has three sections, Professional Education (course-I), Professional Education (course-II) and Final examination. A student who has passed the Senior Secondary Examination (plus two) can register for the CA programme, and start the study while pursuing graduation. While Economics and Commerce graduates are particularly suited in terms of background knowledge and skills, students of any discipline can take up the CA programme.

Commerce graduates with 50 per cent marks, non-commerce graduates with subjects other than mathematics with an aggregate of 55 per cent marks and non-commerce graduates studying maths with an aggregate of 60 per cent marks are exempt from doing the Professional Course I and are permitted to register for Professional Education Course II.

Skill set

You can register for Professional Education Course-I and Course II any time during the year. However, as the examination is held twice a year in May and November, it is necessary that a student must register at least ten months before the examinations.

Academic ability, analytical ability and numerical aptitude are some of the personal attributes a CA requires. In addition, those with business acumen, information management skills and a methodical approach to work can go far. The extremely rigorous and prolonged training period also demands a lot of hard work, motivation and endurance.

The training programme is conducted through postal tuitions. Answering test papers forms an integral part of the postal tuition scheme. These tests have to be cleared before each exam can be taken.

After passing the Professional Education Exam II, you are eligible for registration as articled clerks/audit clerks for practical training. The Computer Training Programme is compulsory for the candidates who wish to register themselves as auditor clerk.

Students can undergo this programme while pursuing Professional course I or course II. On completion of articles and industrial training, an articled clerk can join a CA in the profession and work until the final exam is completed. This means a job and a salary while training, which is not the case in most other professions.

During the training period, you are required to work in different areas learning the basics of auditing and taxation. This training enables you to learn the technical details of the job as well as to develop professional competence and related skills and acquire certain ethical values and norms expected of professional accountants.

Two to five years after qualifying in the final exams, depending upon an individual's abilities, the CA can become a partner. Most professional firms make an experienced CA a partner in due course. But since this may take several years, a qualified CA can also open a firm, or form partnerships with other CAs.

Source:www.tribuneindia.com
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