CA: Course of CA
Chartered Accountancy(CA) is one of the most prestigious and difficult professional courses in the country. To this end, the institutes of chartered accountants of India (ICAI) runs a program at three levels covering foundation, intermediate and final programs. It is a matter of pride and honor for an aspirant to be a CA.
However, there are some courses (whose information is given here) which you can do after completing the Chartered Accountancy course and these can make you stronger as a professional.
After the CA, you can enroll yourself in the Chartered Financial Analyst (CFA) program which is offered by the CFA Institute. This globally recognized course is one of the most in-demand professional career options in the corporate world.
This three-stage course, which can be done after graduation, focuses on areas such as finance, investment, wealth management, stock market, portfolio analysis.
ICAI offers a course called Diploma in Information Systems Audit (DISA) for aspirants in addition to CA. This course can prove very useful for you as a CA professional. The main objective of this course is to expand professional skills in qualified chartered accountants for areas such as IT dynamics, information systems audits, bank audits, information security, and business continuity.
Cost and Management Accountancy (CMA) is a well-known program that you undertake after CA. This course is offered by the Institute of Cost Accountants of India (ICAI). Foundation, Intermediate, and Final, this three-level course covers areas such as Cost Accountancy, Cost Management, Corporate Finance, Economics, Performance Management, Financial Reporting, Strategic Planning, Organizational Management.
The Association of Chartered Certified Accountants (ACCA) of the United Kingdom offers the Chartered Certified Accountants Program of the Institute, CA. This course covers areas such as Financial Accounting, Management Accounting, Financial Reporting, Taxation, Company Law, Audit, Assurance, and Financial Management.
After completing the Chartered Accountancy course, you have the option to take a Certified Internal Auditor (CIA) course. This program gives you the option of accounting certification in the field of internal auditing.
The program is offered by the United States-based Institute of Internal Auditors (IIA) a globally recognized professional course.
Myth: Commerce is necessary for CA in 12th
Reality: It is not necessary for CA to have commerce in 12th standard. Arts and Science students can also do a CA. There is a large number of students who successfully pass the CA exam with these subjects. It is his compulsion somewhere.
Apart from this, if CA goes to any other field then he does not get as much success as an MBA student. Yes, if the student is an MBA with CA, then he/she gets more success than the student who does a pure MBA.