• Public/ Private Practice Practice
• Government Organizations
• Business Enterprises
• Corporate finance
• Not for profit organisations
• Banking and Insurance Sector
• Law Firms
• Civil Services

• The majority of chartered accountants train in public practice and the first three years are typically devoted to achieving the CA or ACA qualification. During this time you will build up experience and take on additional responsibilities, including supervising junior staff and liaising more directly with clients.

  It may be possible to complete a secondment, where you'd spend time in another area of the practice to broaden your experience, or even work for a period overseas. You would usually remain with the same employer throughout the training contract.

  Progression is often structured and opportunities for development and promotion are plentiful. You may become a manager two years after qualification and a senior manager three years after that. Progress to partnership is competitive but is achievable between eight and 15 years after qualification. In small firms, progression may be more rapid. It's possible to attain the position of finance director of a major company within 10 to 15 years of qualification.

  After training, around half of all qualified chartered accountants work outside public practice, in commerce, industry, financial services, banking and the public and not-for-profit sector. Typical roles at the newly qualified stage include internal auditor, financial accountant and business analyst.

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• Salary of a Chartered Accountant in India depends on his/her skills, capabilities, and experience. The average salary of Chartered Accountants in India ranges from 6-7 lakhs to 30 lakhs. International packages are even higher ranging up to 75 lakhs. Last year stats show that average salary of CAs in India was offered around 7.36 lakhs p.a. in the campus placement conducted by ICAI. Rank Holders and Single attempt passed students get a priority over the multiple attempts passed students.

  However, there are many candidates who start their own practice after taking job experience of 2-3 years in a reputed CA Firms. If such candidate is well capable to do so then there is no upper limit for his/her growth. Although, many such small firms shut down in a short span due to high competition.

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  Scrutinize financial statements to ensure that they are accurate and comply with laws and regulations
• Calculate taxes owed, prepare tax returns, and ensure that taxes are paid properly
• Review account books and accounting systems for efficiency and use of accepted accounting procedures
• Assess financial operations and make best-practices recommendations to management
• Suggest ways to reduce costs, enhance revenues, and improve profits
• Review the company's systems and analyze risk;
• Advise clients on tax planning and tax issues on business acquisitions and mergers;

Career Pros Details

• Good remuneration and social status
• Good for people who like to work without much social interaction
• High demand for CA professionals

Career Cons Details

• Requires much hard-work and patience
• Long hours of work and difficult to maintain work-life balance
• Takes more time to settle down in the career

• general business interest and awareness
• self-motivation and commitment, in order to combine study while working
• communication and interpersonal skills
• organisational and time management skills
• a methodical approach
• IT proficiency
• strong analytical and problem-solving skills
• numeracy
• leadership qualities and effective teamworking skills
• motivation and initiative