The Chartered Accountancy Course is the one of the most prestigious course in the field of Accounting and Finance in India and worldwide. The course is designed to combine theoretical study in Accountancy along with hands-on practical training.
In India, the course is provided by The Institute of Chartered Accountants of India (ICAI), a statutory body set up by the Government of India under an Act of Parliament to regulate the profession of Chartered Accountancy in India. The ICAI is also the second largest professional body of Chartered Accountants in the world with a strong tradition of service to the Indian economy.
A Chartered Accountant is a designation given to accounting professionals in many parts of the world, except in the USA where the equivalent of a CA is a CPA (Chartered Public Accountant). A qualified CA Professional can work in any industry, irrespective of the type and size of the organization. A qualification in Chartered Accountancy proves that the candidate has the requisite qualifications to focus on any of the four core business areas such as Audit and Assurance, Financial Accounting and Reporting, Management Accounting and Applied Finance, or Taxation.
Depending on their area of focus, CAs may handle one aspect of a company’s business or may oversee all of the company’s accounting needs. A qualified CA professional may also work as an independent financial consultant handling multiple client portfolios.