What is CA Course?

CA stands for Chartered Accountancy, which is a professional course that provides comprehensive knowledge and training in accounting, finance, taxation, and auditing. The course is designed to equip students with the skills and knowledge they need to become successful chartered accountants.

CA is one of the most respected and sought-after professions in India, offering a wide range of career opportunities in public practice, industry, and government. The course is administered by the Institute of Chartered Accountants of India (ICAI) and consists of three levels: Foundation, Intermediate, and Final. The CA course is known for its rigorous curriculumextensive training, and high standards of professionalism, making it a highly competitive field to enter.

Pursuing the Chartered Accountancy course is never easy. One student needs great focus and dedication to crack this one but we have your backs. Continue reading this till the end, and we guarantee that you’ll know everything there is to know about this professional yet challenging course.

After clearing your 12th final board examinations, many children get confused as to what is the best option for them. Are you going through the same? Well, deciding can be hard but make sure that you go through everything before signing up for it.

In today’s time, there’s much value of mind and of course, if you’re good at something then never to it for free. If you think that you the right kind of mind for this tough course, then go ahead. Know every detail related to this program, and please try to make the right decision.

Before we begin, here’s a reminder. The profession of Chartered Accountant is financially rewarding but also very challenging and tiring. This article will provide you with in-depth knowledge of the course including eligibility criteria, further studies & courses, career prospects and job opportunities.

Graduates, 10th and 12th standard passed students may make use of this guide and start preparing for CA course.

Regarded as the toughest professional course in the Commerce stream, Chartered Accountancy is nothing to be taken lightly. People dedicate their lives to cracking its exam and if you want to become a CA, then probably you should too!

A chartered accountant is a professional who is capable of working and managing in all fields of business and finance. Finance management, accounting, auditing, taxation and general business management are some of the tasks that chartered accountants are capable of performing.

In simple terms, they deal with accounting and money matters (management).

The Chartered Accountancy Course and Profession in India is regulated by The Institute of Chartered Accountants of India (ICAI), New Delhi. This body is responsible for maintaining the quality of CA course and education in India.

If you wish to qualify for CA course in India, then he/she must complete the training and get himself/herself registered with the ICAI. The membership has to be renewed each year.

Scope of CA Course

A Chartered Accountant has immense and in-depth knowledge of Accounting. CA  course is considered as the topmost possible profession in the field of commerce.

Another important aspect of CA  course as a profession is taxation. Every CA is expected to know and apply his knowledge of taxation, for the benefit of his client, in a legal manner.

International taxation, and the implementation of International Financial Reporting Standards (IFRS), with respect to Indian companies, is another important field, were only CA can excel.

Being trusted for intellectual work, and immense financial knowledge, a Chartered can also practice in financial, and investment consultancy.

Another most important field is Auditing and Assurance. Being a Chartered, you can always think of this field as a whole time profession.

Eligibility Criteria to become CA

Students who have passed 10+2 from any stream (Science/Commerce/Arts) can apply to pursue this course. Graduates or postgraduates, who have completed 3 or 4 years long Bachelor’s Degree program from a reputed institute is also eligible to pursue CA.

Students who opted for Commerce in their high school are always at an advantage in this course as it consists subjects like accounting and finance. Moving on, let’s also have a look at the wide course structure.

CA Career Prospects and Job Opportunities

After completing CA, there are a lot of job opportunities available. From government jobs to private, the whole world is ready to be claimed! ax related matters, finance management and auditing are the main work formats that CAs get. It is like bread and butter for them.

Some of the best job options After Completing CA Course are:

Income Tax Department

The Income Tax Department also referred to as IT Department, is a government agency in charge of monitoring the income tax collection by the Government of India. It functions under the Department of Revenue of the Ministry of Finance.

Tax Advisory Firms

The services of a tax advisor are usually retained in order to minimize taxation while remaining compliant with the law in complicated financial situations. Tax advisors can include Certified Public Accounts, tax attorneys, and financial advisors.

Auditing Firms

An audit is an objective examination and evaluation of the financial statements of an organization to make sure that the records are a fair and accurate representation of the transactions they claim to represent. It can be done internally by employees of the organization, or externally by an outside firm.

Stock Broking Firms

A stockbroker is a regulated professional individual, usually associated with a brokerage firm or broker-dealer, who buys and sells stocks and other securities for both retail and institutional clients through a stock exchange or over the counter in return for a fee or commission.

Investment Banking Firms

An investment bank is typically a private company that provides various finance-related and other services to individuals, corporations, and governments such as raising financial capital by underwriting or acting as the client’s agent in the issuance of securities.

Asset Management Firms

An asset management company (AMC) is a company that invests its clients’ pooled funds into securities that match declared financial objectives. Asset management companies provide investors with more diversification and investing options than they would have by themselves.

Law Firms (LL.B. Degree)

A law firm is a business entity formed by one or more lawyers to engage in the practice of law. The primary service rendered by a law firm is to advise clients (individuals or corporations) about their legal rights and responsibilities, and to represent clients in civil or criminal cases, business transactions, and other matters in which legal advice and other assistance are sought.

Finance Companies

A company concerned primarily with providing money, e.g. for hire-purchase transactions.

CA Firms

CA firm means a firm which provides Services like Auditing, Accounting, Business Advisory, Tax Consulting, Management consulting, Corporate advisory etc. … CA firm can be opened only by a qualified Chartered Accountant alone or in partnership.

Corporate Houses (Planning and Budgeting team)

Corporate housing is a term in the travel industry meaning renting out a furnished apartment, condo, or house on a temporary basis to individuals, military personnel, or corporations as an alternative to a traditional hotel or an extended hotel stay.

While most industries and companies have to deal with finance and tax matters, qualified CAs are a must. But if you’re looking for something other than the monotonous CA firms, then you can, of course, start your own practice.

Just before starting independent service, one must gain enough working experience by working for a firm.

Auditor (statutory, internal, tax etc)

An auditor is a person or a firm appointed by a company to execute an audit. To act as an auditor, a person should be certified by the regulatory authority of accounting and auditing or possess certain specified qualifications. Generally, to act as an external auditor of the company, a person should have a certificate of practice from the regulatory authority.

Cost Accountant

Cost accounting is the process of recording, classifying, analyzing, summarizing, and allocating costs associated with a process, and then developing various courses of action to control the costs.

Tax specialist (Direct and Indirect taxes)

The term “tax specialist” can refer to a variety of positions and roles – tax accountants, tax advisors, tax preparers, tax managers, etc. They utilize this expertise to guide companies and clients through increasingly complex and labyrinthine tax rules and regulations.

Investment Banker

An investment banker is an individual who often works as part of a financial institution and is primarily concerned with raising capital for corporations, governments or other entities.

Asset Manager

The primary function of the Asset Manager is to assist in all aspects of the administrative, financial, capital and operations of the assigned portfolio. Essential Functions: Oversee local third-party property managers and leasing agents. Assist in the preparation and approval process of property operating budgets.

Manager/Assistant Manager (Accounts, Finance, Credit etc)

The duties of an assistant manager may include direct supervision of staff, employee evaluation, initial disciplinary contact, and performing other managerial tasks when the manager is unavailable. Assistant managers are often promoted from within the ranks after being recognized for efficiency or leadership potential.


Tax consultants, also know as tax advisors are experts in tax law, planning, and compliance. A tax consultant typically expands on the role of a tax preparer. While tax consultants prepare tax returns, they also often work closely with clients throughout the year to ensure client tax liability is minimized.

Please feel free to ask any question or queries. It’s better to ask than be sorry. All the best! Hope this guide was helpful to you. Don’t forget to share it with your friends, because sharing is caring…