Notable Alumni from Chartered Accountancy

1. CA Harish Salve, A senior Indian advocate who has also hold the position of Solicitor general of India.

2. CA Rakesh Jhunjhunwala, also known as Warren Buffet of India, A billionaire investor and also founder of Akasa airlines.

3. CA Naina Lal Kidwani, Country head of HSBC group.

4. CA Piyush Goyal, he is a very famous politician currently the minister of textile and minister of commerce and industry.

5. CA Kumar Manglam Birla, he is the chairman of Aditya Birla Group, one of the biggest business houses in India.

6. CA Motilal Oswal, chairman and managing director of Motilal Oswal financial services ltd.

7. CA Aman Gupta, Co-founder BOAT Lifestyle, a leading brand in wearables and audio gadgets.

8. CA Arun Poorie, founding Chairman and former Editor-in-chief of India Today Group.

Chartered Accountant (CA) – How to become CA, Work & Salary

In order for an economy to grow at a rapid pace it requires proper guidance, and chartered accountants are truly the pillar of economic national building. The chartered accountants have a very important role to play in the economy of India, they are the watchguards of our economy and it won’t be wrong to say that they are the caretakers of our economy. They have a wide range of services to provide ranging from the very basic company registration to the audit of the financial statements of the company.

Table of Content

  • Who is Chartered Accountant (CA)?
  • How to Become CA?
  • Work of a CA
  • Abilities of Chartered Accountant (CA)
  • Resources Availability for CA Exams
  • Salary of CA in India
  • Notable Alumni from Chartered Accountancy
  • FAQs on Chartered Accountants

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Who is Chartered Accountant (CA)?

Chartered Accountant is a qualified professional from the Institute of Chartered Accountants of India (ICAI). ICAI is the mother body of Chartered Accountants, headquartered in New Delhi. ICAI is formed by an act of parliament and is governed by the Ministry of Corporate Affairs(MCA). Chartered Accountants have high expertise in several matters ranging from Financial Reporting, Direct Tax, Indirect Tax, Litigation matters, Auditing and Assurance, Forensic Audits, Due Diligence, and etc., CA’s are the backbone for maintaining financial well-being in society as they not only service the private sectors but they also play a vital part in formulating public policies....

How to Become CA?

Step 1: Determine the Eligibility Criteria...

Work of a CA

1. Accounting: The scope of CA in accountancy ranges from the very basic preparation of book of accounts to proper financial reporting of the financial statements. CA’s have to ensure that proper accounting standards or IND AS are applied by the management in preparation of books of accounts....

Abilities of Chartered Accountant (CA)

1. Technical Knowledge: A CA should possess a deep understanding of accounting principles, taxation laws, and financial reporting standards in order to provide better service to the client. CAs must be updated with the latest amendments and new developments in the industry to provide correct resolution to their clients....

Resources Availability for CA Exams

1. ICAI Website: ICAI has set up an online facility for students, where all the study material is available online. ICAI modules, RTP, MTP, and past year papers are available on the ICAI website. ICAI has also launched BOS portal where free online coaching classes are conducted for all three levels of CA exams....

Salary of CA in India

Being the master of their fields CA’s get a handsome salaries in service industry, their salaries are basically proportionate to the years of experience and there exposure. In case of freshers, as per the reports of 58th campus placement programme organized by ICAI, 5813 jobs were offered to CA students with an average CTC of 12.45 LPA, also recording 28 LPA as the highest salary offered for domestic operations. As per the data the highest ever salary offered was 76 LPA offered for overseas operations. CA’s have global demands but as per the trends observed. CA’s get huge salary offers from Middle East and Arab countries. CA’s have a good opportunities in public sectors as well where the package offered to CA’s depends upon years of experience, but average packages in public sectors ranges some where around 12-20 LPA. In normal cases average packages offered by big 4 ranges from around 6-9 LPA....

Notable Alumni from Chartered Accountancy

1. CA Harish Salve, A senior Indian advocate who has also hold the position of Solicitor general of India....

FAQs on Chartered Accountants

1. Who can become a CA?...