All Questions

Chartered Accountant

Follow
Showing 791 - 800 out of 928 Questions
86 Views

What is the process to become catat account (CA)

Anonymous 19th Mar, 2018

Dear Student,

C. A. Course comprises of 4 Important Levels


1) Common Proficiency Test (CPT)
2) Integrated Professional Competence Course (IPCC)/IPCE
3) Three years Articleship/ Training under a Practicing C.A
4) C. A. Final


Register with the Institute of Chartered Accountants of India (ICAI) for Common Proficiency Test (CPT) after passing class 10th examination.

You can appear for CPT exam after completing your 12th class. 


Good Luck!!

58 Views

How to do preparation for charted financial analyist

Ambika Sharma 2nd Apr, 2018
Hello Kashish

All of the three exams within the CFA program are designed as a self-study curriculum, but you can study it yourself or can take coachings for it.
There are other fews things that you should consider for better preparation.

  • Time: the earliest you start, the more time you'll have to cover all the topics, from top to bottom. The more familiarized you are with the curriculum, the better, and for that you need time.
  • Knowledge: it's a long exam and they ask everything. Study well and know the curriculum, you'll have 1,5 minutes on average to answer each question, you have to be quick.
  • Practice: you are not going to pass the exam if you read only. You have to test yourself with exercises. Go through with previous question paper or mock tests.
  • Commitment: make a study plan and commit to it. Follow it and make the correct adjustments when necessary.
Best of luck
233 Views

CA-CPT examination registration date ...mam

Anonymous 17th Mar, 2018

Dear Ganesh,

ICAI will open the application form of CA CPT 2018 for June session on April 4, 2018. 

 

To know in detail you can refer below link

https://finance.careers360.com/articles/ca-cpt-application-form

 

Good Luck!!

71 Views

If Im p preparing for CA..which way of graduation is better ..regular or correspondence????

Anonymous 14th Mar, 2018

Dear Kajal,

It totally depends on you which type of graduation you prefer.

If you choose regular program then you have to manage your time for both the courses. If you can manage your time you can go for regular course it will hold advantage if by chance you leave CA course.

If you choose correspondence course then you will get plenty of time to prepare for you CA program.

It totally depends on your comfortable level and goal which program you prefer.

 

All the Best!!

1190 Views

Best course other than CA CS icwa Cma cfa

Ambika Sharma 19th Mar, 2018
Hello

There are numerous courses out there other than these courses but for that please share a view of what you actually want to do to help you better .

117 Views

Can I do my graduation with preparing for ca

Anonymous 13th Mar, 2018

Dear Kajal,

Yes, you can prepare for CA along with your graduation.

There are many students who used to do that. 

If you are a student of B.Com then you will also find similarity between your syllabus. 

It is a good idea to prepare along with your graduation as you will be having good options in your hand if by chance you decide to quit your CA. 

So, at last it is a good option you can go for it.

 

Good Luck!!

133 Views

Im complete +2 commerce I want to study CA.. Which bacholer degree is best for this course

Srishti singh 13th Mar, 2018
Dear student,

These are the bachelor degrees, once go through it.

Top courses to do after 12th Commerce in 2018 Details of 12 good courses to do after 12th Commerce
1 B.Com.
2 Law
3 C.A. (Chartered Accountancy)
4 B.B.A.
5 Bachelor of Economics
6 C.S. (Company Secretary) course
7 Hospitality Diploma courses
8 Animation and Multimedia Courses
9 Journalism and Mass Communication
10 Event Management course
11 Fashion Design and Technology
12 Hotel Management
13 Bachelor of Statistics
14 Actuarial Science15 C.M.A.

All the best
126 Views

What I should do to become CA

Ambika Sharma 12th Mar, 2018
Hello Trishanka

First of all get yourself registered for CA. Go to the official website of Institute of Chartered Accountants of India (ICAI) and get yourself registered for CPT. After you register yourself for CPT, ICAI will send you study material by post at your registered address.
You can take classes for CPT from private coaching center or prepare it yourself if you are intelligent choice is yours.

Best of luck
91 Views

Which is best MBA vs CA and which college better to study both the course

Sk Arif Ahmed 9th Mar, 2018
This is what I answered:CA is a good and rewarding career although, like in medicine, building a practice from scratch takes time. Of course, there is the option of working for someone else -- CAs are in demand in the industry like never before.

KPOs, equity analysis and accounting firms employ a lot of CAs at very good salaries. But remember, it can be a very boring profession if you don't like working with numbers. So don't make a choice based only on the job potential!

Half-a-dozen readers sent in angry emails saying that Chartered Accountancy was a great profession -- and that I was projecting a wrong picture. That no profession can be termed as 'boring'.

Well, I'm afraid I can't be politically correct and will go out on a limb to say that CA -- despite being a respectable profession with great career prospects -- has lost out to the MBA. And, like it or not, this trend will only grow stronger.

The ABCD of CA

Ask most engineers why they did a BE and they'll tell you: "That's what all bright students who opt for science do... unless they want to do medicine."

The situation is something similar with CA. "That's what all bright commerce students do... unless they want to do MBA." Of course, the situation is a bit different. Even those doing the CA may eventually top it off with an MBA.

Thedifference between the CA and MBAis a bit like the difference between a five day test match and one day cricket. Acquiring a CA takes a lot of plodding and perseverance; at the end of the day, a result may prove inconclusive.

The MBA, like one day cricket, is quick, glamorous and performers get faster recognition as stars.

Okay, let's not stretch it. One day or five day -- in both cases, the players hold a bat and throw a ball. In case of CA and MBA, thereisa difference. Both may join the same companies, but their job profiles would be completely distinct.

This is not to say that one job is 'superior' to the other. But the fact is that, starting as a CA, you can expect to climb up the ladder upto the CFO position. While an MBA's career path could -- in theory -- lead upto CEO. There are notable exceptions such as Deepak Parekh of HDFC, but, generally, this holds true.

Why MBAs are preferred

The reason is simple: being CEO is about vision and leadership. This would require you -- at times -- to take a leap of faith, even when the numbers are against you. For example, you diversify into a new area of business. This may mean investing a lot of money, literally burning cash in the initial phase. It may look very bad on the balance sheet for a while, but there is a gameplan and eventually it pays off.

MBAs are exposed to all aspects of the business -- their role is to take a bird's eye view of the organisation. On the other hand, CAs are trained to look at the eye of the fish. And they do a damn good job of it.

But should a CA decide to throw down his accounting and auditing arrow and don a different hat, it is not easy. The mobility into general management and consulting that comes with an MBA from a premier institute is missing for CAs. Even though the CA has battled equally hard; a rank holder in particular would be one among several thousand aspirants.

Overall, it appears that MBAs score when it comes to communication skills, presentation and customer orientation. The 'soft skills' so crucial for success in today's corporate world.

The bottomline is that certain jobs are purely in the CA domain: Statutory & Regulatory compliance, Consolidations, Taxation, International Accounting (GAAP), Internal Audit,Systems Audit, Transaction Advisory -- to name a few.

Other profiles are available to both CA s and MBAs: MIS, Budgeting forecasting, Business Planning, Equity Research, Treasury, Investment Banking, Mergers and Acquisitions, Portfolio management, Fund management, Sector Analysis.

However, these are diversified roles. Many employers prefer to hire MBAs from premier institutes for these roles, as it is felt they are more equipped to provide insight and analysis.

Does a CA + MBA combination provide anextraedge? Well, it never hurts to have a double degree but there's no sure fire formula to become a finance whizkid. An engineer + MBA or a B Com with a degree from a top 10 institute stands an equal chance!

So, how do you decide?

Reasons to do a CA include:

1. Dad owns a CA firm, it makes sense to join the business

2. Professional qualificationchahiye. CA is a good one -- nothing stops you from doing an MBA later.

3. You genuinely like accounting. It's what you've always dreamt of doing in life.

As few 17 or 18 year olds know what they want in life, Reason 3 is rare. But Reasons 1 and 2 are perfectly valid.

If lucky, you may find that you enjoy the subjects and become an excellent CA. If not so lucky but smart, you may not like what you study but still become a competent CA. If neither smart nor lucky, you will probably remain a frustrated 'trying to clear my CA' student.

The perception is that the CA success story is 'all or nothing'. Either you clear the exam -- rather, three different exams -- or you get left behind. Whereas, in the case of an MBA, while only a few make it to the top 10 institutes, there is always the hope of the next 10 and then the next 10.

However, things are changing on that front. In arecent interview, T N Manoharan, president of theInstitute of Chartered Accountants of India, stated the pass percentage has risen dramatically in recent years. 'Gone are the days when the pass rates were 2-3 percent. Now, if you consider both groups at the final level, these are at 15-20 percent. In a single group, it is often as high as 30 percent,' he said.

What's more, 83 percent of the 7,445 candidates who passed out in 2005 were absorbed by industries. Out of a total number of 1.3 lakh CA professionals, 10,000 are settled abroad. Of the rest, 55,000 were employed in industries, and the rest were practitioners.ICAI believes there is a requirement of 40,000 m

103 Views

How much can a student rely on Online Coaching for preparing for CA Exams ?

Prashant Kumar 8th Mar, 2018
Dear you can't totally depend on online coaching. You have search for the institute located physically.  You can't depend on online catching only.  It's need lot of hard working in online coaching where in Institute teacher make the thing easier
The question have been saved in answer later, you can access it from your profile anytime. Access now

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

Careers360 App
150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books