If you are interested in making a career in chartered accountant, you need to know that as a chartered accountant you will audit, analyze and verify your clients' accounts and give a fair financial picture. You could also work as a financial guide or consultant and push an organization’s profitability. You will also advice clients on investments, general taxation and act as executors and trustees.
Students who are planning for a career in chartered accountant should know that auditing means analysing and verifying a client's accounts to make sure that they give a fair financial picture. As a Chartered Accountant, you will also interview staff and management. Most companies hire CA’s as financial guides or consultants.
Budgeting, fund raising and other financial activities related to corporate finance will be your domain. Chartered Accountants are experts in corporate law.
Procuring finance for projects needs high level of skills and expertise in finance. Chartered Accountants are trained to advice on financial sources and prepare project reports.
If you are making a career in chartered accountant, you also need to know that as a chartered accountant you will analyze the profitability on business expansion as well as its long-term returns. Your advice will also be sought in matters such as mergers and acquisition, diversification etc.
Those who are planning for a career in chartered accountant should be aware of the fact that this profession calls for a lot of travelling. So if you hate to pick your bag and leave the comforts of your office, think twice. Auditing will see you move from one office to another, unless you have your own practice
If you want to make a career in chartered accountant, you need to possess the following qualities
• Logical and analytical skills
• Critical outlook
• Good interpersonal skills
• Good organizing abilities
• Excellent numerical abilities
• Ability to take initiatives
• Loads of patience
Those planning for a career in chartered accountant should be aware of the fact that candidates should have to complete the course conducted by the Institute of Chartered Accountants of India (ICAI). After your class Xth, you can register for the Common Proficiency Test at www.icai.org. However, you can appear in the Common Proficiency Test only after you have appeared for your HSC. CPT is the entry-level test for the Chartered Accountancy Course. It is an objective type test.
If you have all the above-mentioned requirements, a career in chartered accountant will be the right career for you.