How To Become A Chartered Accountant

Are you also looking for the answer to How To Become A Chartered Accountant? Like most people do.

So many students after passing the class 12th struggle as well as ask for the question How To Become A Chartered Accountant? If they belong to the commerce field. However, there is a lack of information regarding the same as well as a lot of miscommunication is also there while preparing for the career ahead. 

So many students follow and go behind the herd mentality, which means they themselves do not indulge or think in any career option but do exactly the same whatever their friends, as well as peer members, are doing. 

However, understanding that How To Become A Chartered Accountant? Is very easy as well as tough at the same time.

How To Become A Chartered Accountant?

A Chartered Accountant is a person who is certified as well as licensed by the ICAI the institute of chartered accountants of India for dealing in financial services like auditing, assuring, financial accounting, reporting, management accounting, applied finance, taxation policy, etc. 

The following are some of the key areas of the Chartered Accountant listed below:

1. Auditing is considered one of the major as well as key areas of working of the Chartered Accountant in India.

2. Reporting financials is considered one of the major as well as key areas of working of the Chartered Accountant in India.

3. Assuring finances is considered one of the major as well as key areas of working of the Chartered Accountant in India.

4. Financial accounting is considered one of the major as well as key areas of working of the Chartered Accountant in India.

5. Financial modeling is considered one of the major as well as key areas of working of the Chartered Accountant in India.

6. Management accounting is considered one of the major as well as key areas of working of the Chartered Accountant in India.

7. Applied finances is considered one of the major as well as key areas of working of the Chartered Accountant in India.

8. Taxation is considered one of the major as well as key areas of working of the Chartered Accountant in India.

9. Taxation filling is considered one of the major as well as key areas of working of the Chartered Accountant in India.

10. Policies making under financial dept. is considered one of the major as well as key areas of working of the Chartered Accountant in India.

The process of becoming a Chartered Accountant in India is as follows:

First of all, a student who wants to be a Chartered Accountant in India has to enroll himself or herself in the foundation course after cracking 12th.

After which there are 3 levels that are meant to be cleared by the aspirant of the Chartered Accountant in India.

Level 1 is CPT or common proficiency test.

Level 2 IPCC also commonly known as an integrated course on information technology and soft skills also known as ICITSS

Level 3 ATC or accounting technician course also commonly known as an advanced integrated course on information technology and soft skills also known as AICTSS.

Level 4 final Chartered Accountant exams in India is also most famously known as final course

The following are some quick as well as important facts about becoming a Chartered Accountant in India:

1. One of the quick as well as important facts about becoming a Chartered Accountant in India is that one must have 60 percent of aggregate in her /his bachelor degree in commerce.

2. One of the quick as well as important facts about becoming a Chartered Accountant in India is that one must have good analytical skills.

3. One of the quick as well as important facts about becoming a Chartered Accountant in India is that one must have good teamwork skills.

4. One of the quick as well as important facts about becoming a Chartered Accountant in India is that one must have an eye for the details.

5. One of the quick as well as important facts about becoming a Chartered Accountant in India is that one must have to clear all the levels. 

6. One of the quick as well as important facts about becoming a Chartered Accountant in India is that one must have articleship under a reputed as well as certified chartered accountant.

7. One of the quick as well as important facts about becoming a Chartered Accountant in India is that one must have a graduation degree.

8. One of the quick as well as important facts about becoming a Chartered Accountant in India is that one must have good knowledge of accounts.

9. One of the quick as well as important facts about becoming a Chartered Accountant in India is that one must have a dedicated mind.