About Chartered Accountancy for 2016
One of the most popular and renounced professional course for a Commerce student is Chartered Accountancy, Known as CA. Its very essense lies in the fact that CAs are the people who make the financial statements of various organisations at the end of the accounting year. It is one of the backbones of the financial regulatory system of the country. Organizations either big or small have to be audited by a CA who made financial documents such as the Balance Sheet and Profit & Loss Account, and only then are they accepted by various government departments. The basic work of a CA are-accounting, auditing, taxation and financial analysis.
Basically, The Chartered accountancy program is of two year. It comprises of three stages-Foundation, Intermediate and Final. To pass each stage, a student has to give the exams like-Common Proficiency Test (CPT), Integrated Professional Competence Course (IPCC) and the Professional Competency Examination, or the Final examination.