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Job Role; Remuneration

Those who complete the final examination for Chartered Accountancy would have good job prospects in the corporate sector of both public and private companies. They can also be employed by banks, financial institutions and stock exchanges, and as specialists in the fields of finance, law, accounts and merchant banking. Many companies recruit young professionals to work in the CA department of the organisation and move to a senior position with experience.

Those who want to join the government need to qualify in the UPSC exam for jobs in Grade I to IV in the Accounts branch of the Central Government Law Service. Company Secretaries are also eligible for recruitment on the panel of bodies such as the Bureau of Public Enterprises, and state government financial institutions.

A qualified Chartered Accountant can also set up practice as an independent company secretary, after obtaining a ‘Certificate of practice’ from the Institute. A CA in practice is authorised to issue certificates and attest documents under the Companies Act 1956, the SEBI Act and the Exim Policy.

Those with an inclination for academics can go in for teaching as lecturers in universities.

The globalisation of the Indian industry and the advent of multinationals has been a boon for Chartered Accountant. The responsibilities of Chartered Accountant have been considerably extended and their status is now that of the chief functionaries of the corporate sector. They are indispensable to the efficient management of the corporate sector, particularly in cases of mergers and acquisitions, joint ventures and so on. Moreover, with a growing legal regulatory framework, in order to ensure the protection of the interests of employees, consumers, creditors, government financial institutions, and the public at large, the role of Chartered Accountant has become established as that of conscience-keepers of their respective companies and custodians of public interest.

Moreover, an experienced Chartered Accountant by virtue of expertise and academic background is suited to become a member of the board or the governing body of any organisation. Many senior members have become chairmen, managing directors, and whole-time directors in several reputed companies.

If you have a sound business sense, an interest in commerce and accounts, logical ability with a flair for numbers and good inter-personal skills this is a good career to pursue. Other attributes would include basic common sense, and an ability to negotiate with people at all levels in an organisation.




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