One of the toughest yet praised career options is CA. Quite challenging to possess excellent skills and management strategies. Only the best-polished candidates have the opportunities and the resulting benefits. The role of a CA, aka the chartered accountant, is known to all, for we approach them for help when stuck with financial issues. Arranging accounts or guiding for best investments increases their demand with the new financial schemes and policies.
No wonder such expert guidance is full of hard work and study. Aspirants aiming for a profitable CA career should accomplish the required skills and earn the professional certification showcasing the worth.
Building The Career
An effort from roots brings out the strongest shoot. As praiseworthy and prestigious is the job, so strict and disciplined is the course of study.
• Generally, after passing 10th-grade, students aspiring for CA register with ICAI and opt for commerce stream for higher secondary, though any stream is allowed.
• After completion of 12th, students have to enrol for graduate courses.
• The graduation covers four stages from foundation, intermediate, articles and final course.
• After clearing all the internal examinations for graduation, the students take up practical courses for at least three years.
• Succesful completion of all the exams and courses awards a permanent membership from ICAI called a professional CA.
Tackling The Obstacles
The hardest part in any study is always clearing the exams with desirable scores. The CA syllabus is vast and covers many practical and dynamic topics that are hard to excel in.
• The tests and assessments for every stage are registered individually with fees, payment and registration.
• The validity is given for few months, varying for all the exams with the relaxation of multiple attempts.
• Nearly 40% average is required for clearance. The toughness and the competition has demanded tutorials and extra study efforts apart from the institutional academics.
Among all the stages, the CA finals have the terror for the most challenging papers and subjects. As the course stirs to the end, the polished and practical oriented syllabus dominates the theory.
• The finals consist of 2 groups with four subjects each. Auditing and professional ethics that are practically scoring have more weightage.
• Final Test series are also beneficial for law and costing electives. The MCQ patterned examinations mirror the same final papers for better preparation.
• Coaching centres provide packages like CA Final Mock Test Series or guidance to aid the preparation best.
• Instead of loading endless theory, the model question papers profit in acquainting the pattern, getting familiar with the exams.
• Statistically, those who chose to prepare using test series hit more scores compared to the rest.
• Most of the online providers continuously update for the pattern and syllabus changes. Every day a new site opens up with the altered paper layout.
• Both distant education through online or coaching centres have the facility to provide the test series on payments. Whereas many free online sites are also available.
The timeline to become an excellent CA skilled in the domain seems hard and lengthy. But once the barriers are crossed, the career and life are undoubtedly luxurious and gifting.