Chartered Accountancy ( CA ) is one of the most desirable career paths in India for the finance and commerce stream. Although it is true that the exam is difficult to pass. But once you do, it offers a fantastic career path, a competitive income, and widespread recognition. People appreciate chartered accountants for a variety of reasons, but one of them is that it's not simple to acquire the title.

We intend to convey our true perspective on this career because we want to keep our professional guidelines very real and honest.

Who are Chartered Accountants ( CA )? 

The primary work of a CA is in the field of financial matters in a business. They work for both the private and the govt sectors. Chartered Accountants are hired to take care of the revenue and expenses of a business.  

Being familiar with the financial laws and regulations of the respective country, they act as an advisor and help businesses to remain profitable. Every nation has organisations that serve as these professionals' governing bodies in this field. In India, we have the Indian Institute Of Chartered Accountant aka ICAI as the main governing body of CA. 

Accountants & Chartered Accountants - The Difference  

Accountancy and chartered accountancy have fundamentally the same meaning. The job involves overseeing an organization's management of finances. Accounts management, planning, auditing, corporate strategy, and taxation are all included in this job role. 

Accountants and Chartered Accountants are different in that the latter has to undergo years of intensive training and has to successfully pass numerous exams in a variety of accounting-related topics to obtain the designation of a chartered accountant.

Demand For CA Today 

Statistics say, there were just 2.82 lakh CAs in India in April 2018, with only 1.25 lakh practicing full-time. This means that only 44% of all CAs were actively employed. Given that India has 8 crore taxpayers and that new firms are being founded annually, the requirement for CAs is greater than ever.

So, now is the time to jump on the CA trend and pursue this lucrative career. The number of job opportunities is enormous, and it is expected to rise as more companies and organisations are founded.

CA -  Responsibilities, and Activities: 

Financial Counsel to the Company:

Perform Financial Audits:

They are in charge of checking and preparing financial statements and ledgers,          which is one of the key functions of a certified accountant. Auditing allows a CA to gain experience and exposure in a variety of industries. Following the audits, they offer findings and suggestions that are critical for decision-making.

Acts as a Financial Accountant:

Protects the Organization's Reputation:

They are responsible for preventing and investigating any fraud or financial abnormalities in the company. A chartered accountant's monthly or annual financial statement is crucial for creating a reputation in the industry. It illustrates the company's financial swings, income, and expenses.

Read more: Should I Do CA? 

Qualifications Needed to be a CA Aspirant: 

Understanding Of Concepts: 

Often we come across students who try to force themselves to become CA.  However, only those who are conceptually sound will be able to advance in this field. To accomplish this, you must comprehend the principles rather than simply memorise the procedures.

Analytical and Communication Abilities: 

CA candidates must possess a wide variety of analytical abilities. While working on real examples for their articleship, they obtain professional qualifications and develop analytical skills.


Persistence, dedication, and hard work: 

The curriculum is extensive and at times gloomy. There will be plenty of late nights, stress lines, and social alienation. The examination is known to be challenging, with a low pass rate. Furthermore, these articleships are well-known to entail working 12-14 hour days for poor pay. This means that you will need to be resilient and determined to complete the courses, examinations, and articleship requirements. 


Willingness to Accept Failure: 

Amidst your best efforts, you may fail the exam for a variety of reasons. Aspirant has to be ready to accept defeat as a necessary part of the learning process and plan for the next encounter.

Read More: What is the secret to being a CA?

Salary Scale for a CA :

Although a Chartered Accountant's remuneration is determined by his or her experience and expertise, the average pay of a CA in India ranges from 6-7 lacs to 30 lacs.

According to ICAI campus recruitment statistics from the previous year, the average yearly pay of a CA  in India was approximately 7.36 lacs. A Chartered Accountant's greatest remuneration package ranges from 7 lacs to 30 lacs, depending on performance and expertise.

CA - Best Recruiters: 

CA (Chartered Accountants) is usually recruited by top-tier and varied Multinational Corporations (MNCs) all over the world. The following are some of the top organizations that hire CA graduates:

Top CA OF India:

 Kumar Mangalam Birla:

A business tycoon best recognised for his role as Chairman of the Aditya Birla Group. Mr. Birla is also the head of the Birla Institute of Technology and Science.

Before taking over the Aditya Birla Group, he had obtained his CA and MBA degrees. Mr. Birla has stated in numerous interviews that his CA degree was crucial to his advancement within the company.

Rakesh Jhunjhunwala:

Rakesh Jhunjhunwala, also referred to as the "Warren Buffet of India," is a stock market star and one of India's wealthiest people.  Mr. Jhunjhunwala earned his Chartered Accountant certification in 1985 from Sydenham College of Commerce and Economics. 

He acknowledges his CA certification for providing him with security as he learned to ride the tides of the share market.

Naina Lal Kidwai:

Madam Naina Lal Kidwai received the Padam Shri award in 2007 for her significant commitment to business and industry. She is currently HSBC India's National Head and Group General Manager. She obtained a bachelor's degree in Economics from the University of Delhi before graduating with an MBA from Harvard Business School. 

Madam Kidwai, who holds a CA degree, has also served as President of the Federation of Indian Chambers of Commerce and Industry (FICCI).

CA Forum: 

Here’s a list of chartered accountancy forums:

Read More: CA Old Syllabus To New Syllabus

CA will play a greater role in international commerce as the global economy grows more interconnected. Becoming a CA is a simple process, but it is also extremely difficult. The growing interest in economic growth in the coming decades will lead to an increase in the demand for CAs all over the world. 

How Can SJC Institute Help You To Become A CA? 

We have conducted research on the various ways that students learn and has tailored its courses to accommodate different learning styles. This approach aims to provide personalized instruction for each student, with the goal of maximizing their learning and understanding. 

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