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 Damania

Head Counsellor

EduGroomers Career Counselling
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EduGroomers is a professionally managed educational organization offering Unbiased Career Assessment,Counselling, and various Empowerment Training Programs for students (school andcollege), teenagers, graduates, job seekers and working professionals.

Established with an endeavor toempower and groom individuals of all ages including students (school andcollege), teenagers, graduates, job seekers, working professionals, housewivesand seniors, EduGroomers offers numerous integrated learning solutions and unmatchedCareer Advice with assistance of its adroit team of professionals and experts,who are always updated with the latest Career Opportunities and Career trends inIndia and abroad.

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Bachelors of Financial Markets (BFM)

Bachelors Of Financial Markets (BFM) - Mumbai University

The University of Mumbai started the Bachelor of Commerce (Financial Markets) course in 2008-2009. The course not only aims at training students to gain knowledge in the ever changing field of Financial Market but also leads to the all-round development of their personality.

The B.F.M. course provides comprehensive training to students in the field of Financial Market by way of interaction, projects, presentations, industrial visits, practical training, job orientation and placements. It is a perfectly designed full time course for all those aspiring to make a career in the growing and ever evolving field of Financial Market.

BFM Course Syllabus (Mumbai University):

The course shall be a full time course. The duration of the course shall be six semester spread over three years. The course shall consist of 38 modules of 100 marks each & 2 projects of 100 marks each. Total 4000 marks.

FIRST YEAR - Semester 1
- Principles of Investment
- Micro Economics
- Basic Statistics
- Basic Computer Skills
- Financial Accounting
- Business Environment

FIRST YEAR - Semester 2
- Environment of Financial Systems
- Macro Economics
- Statistical Applications
- Communication Skills
- Management Accounting
- Principles of Business Management

SECOND YEAR - Semester 3
- Debt Markets
- Corporate Finance-1
- Equity Markets - I
- Banking in Financial Systems
- Computer Application in Investments
- Business Ethics
- Organizational Behaviour

SECOND YEAR - Semester 4
- Commodities Market
- Corporate Finance - II
- Equity Markets - II
- Financial Services
- Taxation for Investments
- Security Analysis
- Business Law

THIRD YEAR - Semester 5
- Global Capital Markets
- Regulations of Securities Markets
- Insurance (Fund) Management
- Derivatives Markets
- Foreign Exchange Markets
- Portfolio Management
- Project - I

THIRD YEAR - Semester 6
- Risk Management
- Corporate Governance
- Computer Applications in Financial Services
- Marketing of Financial Services
- Mutual Fund Management
- Customer Relationship Management in Financial Services
- Project - II

Regards,
Farzad Damania
EduGroomers Career Counselling
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CA Aspirants – Mark Your Calendars

CA Aspirants – Mark Your Calendars for CPT/IPCC/Final 2011

CPT (Common Proficiency Test)
CPT will be held on 18^th December, 2011
First Session:
10:30AM to 12:30PM (Section A – Fundamentals of Accounting, Section B – Mercantile Laws)
Second Session:
2:00PM to 4:00PM (Section C – General Economics, Section D – Quantitative Aptitude)
You can apply online at http://icaiexam.icai.org from 7^th October 2011 to 28^th October 2011.

PCC (Professional Competence Course) – 2:00PM to 5:00PM
Group I – 2^nd, 4^th, and 14^th November 2011
Group II – 6^th, 9^th and 16^th November 2011

IPCC (Integrated Professional Competence Course) – 2:00PM to 5:00PM
Group I – 2^nd, 4^th, 6^th and 9^th November 2011
Group II – 12^th, 14^th and 16^th November 2011

Final Course – 2:00PM to 5:00PM
Group I – 1^st, 3^rd, 5^th and 8^th November 2011
Group II – 11^th, 13^th, 15^th and 17^th November 2011

Join EduGroomers blog at http://edugroomers.blogspot.com for latest updates in career and education space.

Best wishes to all CA aspirants.
Regards,
Farzad Damania
EduGroomers