May, 2019
Chartered Accountancy (CA) is one of the most sought-after and toughest professional courses in the country.
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One of the most popular career options after pursuing the Chartered Accountancy course is starting one's own independent professional CA practice.
A Chartered Accountant interested in individual practice can explore areas like Taxation (direct tax, international taxation, GST, etc.), Auditing (statutory audit of companies, cooperative audits, forensic audit, internal/management audit of companies, etc.), and Management Consultancy services (project financing, mergers acquisition, valuation, etc.)
Becoming a partner of audit, tax, or consultancy firms is another good option after completing the CA course.
This is the best option for fresher CAs who find it difficult to start their own professional practice.
However, before becoming a partner, a Chartered Accountant should work in those firms consistently and rise through the positions. Though it's a challenging journey, it's a great option.
One can also join large organizations/institutions or global firms and work in their finance/accounts/audit department. CAs are considered finance experts and can handle the financial tasks/activities of the companies, including auditing, accounting, taxation, statutory compliance, etc., irrespective of the industry.
Chartered Accountants can also work in the banking industry. They can handle the critical accounts of banks better than regular accountants and ensure compliance with banking regulations and norms.
However, for handling these tasks, one must be well versed with the banking regulations and be capable to participate in the financial matters of a bank and work on its financial strategies, forecast, funding, etc.
Also read: What is the difference between CA and ICWA?
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