CHARTERED ACCOUNTANT AND THE BENEFITS OF PURSUING IT
WHAT IS CHARTERED ACCOUNTANT?
The designation of a chartered accountant is accepted worldwide which generally refers to those professional accountants who have enough qualification to carry out specific activities related to accountancy. These may include the auditing of financial statements and filling of tax returns.
REASONS TO BECOME A CHARTERED ACCOUNTANT
Chartered accountancy is one of the conventional options for commerce students. The Institute of Chartered Accountants of India (ICAI) regulates everything in relation to chartered accountancy. There are several reasons of students opting for chartered accountancy, some of which are-
- Mobility of the profession
The course of chartered accountant trains the students in all aspects of commerce. As a result, they can switch their job roles later in life. Chartered accountants in Bangalore usually start as an accountant and then become entrepreneur later in life after gaining experience. Some of the chartered accountant even act as advisory for large organizations. They play a vital role in several businesses and are welcome in all sectors.
- International opportunity
Around 14% of the alumnus of Institute of Chartered Accountants of India are placed abroad. The foreign market just like India has a high demand of chartered accountants, so people who dream of setting abroad can opt for the chartered accountant course. This is indeed a lucrative option for anyone who wants to start their international career.
- Salary benefits and remuneration
Chartered accountants with a professional experience of atleast three to five years have an average salary of around 5 lakhs. The biggest advantage of the profession is that the salary only rises steep and you do not need to look back.
- Benefits of the Institute of Chartered Accountant of India
When students go for any course other than the chartered accountants, it becomes extremely difficult to pick the right college and academic course. However in case of chartered accounting in India, there is a single premium name of Institute of Chartered Accountant in India. The institute has a very low absorption rate of applicants, making it difficult to achieve for your resume. However on committed attempt to earn success, you can certainly start your career as you can receive their campus placement at the first opportunity. The institute also offers the course at a very affordable fee which is an added bonus.
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