A career as a chartered accountant

A career as a chartered accountant

To become a chartered accountant, you need to be very hardworking and committed. But once you become a chartered accountant, you can have a flourishing career.

How to become a chartered accountant:
Under the new scheme, you can register to become a chartered accountant even as soon as you complete your 10th class. But the eligibility is II PUC, so you get two years to prepare for the entrance exam. This is called Common Proficiency Test (CPT). The ICAI conducts these CPTs quarterly — in the first week of February, May, August and November. Once you pass the CPT, you must join articleship under a practising CA for three and a half years. During the three and a half years, you have two exams to clear. The first is the Professional Competence Course or PCC.This was formerly called the Intermediate or PE2.You can do the PCC if you have completed one and a half years of articleship under a practisiong CA.
You can do the final exam after three-and-a half years of articleship.
There is another exam you must do before the PCC. That is the Information Technology Test —which you must do after three months of articleship and 100 hours of IT training.
Also, after completing the final exam or after two years of articleship or after passing PCC, there’s another exam you must pass and that is the General Management and Communication Skills.

Scope:
Once you complete your CA, you can easily be attached to a firm and earn a minimum pay of Rs 3 lakh to 4 lakh a year. In fact some even get as high as Rs 8-10 lakh a year. So keep your nose to the grindstone and work hard — you will reap benefits in the end.