CA as a Career

INTRODUCTION


Chartered accountancy is the core of all business, be it big or small. A chartered accountant’s work involves auditing, taxation, accounting and financial planning. It can be a very challenging and rewarding job.

Career prospects after doing chartered accountancy are exciting. Chartered accountancy can be the first step to other rewarding careers in finance, investment consultancy and fund management.

The Chartered Accountancy course is conducted by the Institute of Chartered Accountants of India, which has its headquarters in New Delhi, 5 regional offices (Calcutta, Kanpur, Chennai, Mumbai and New Delhi) and 81 branches under these regional centres.



STAGES TO BECOME CA


To become CA, a student has to clear following subjects at 3 levels of Examination:

CPT Level

Fundamentals of Accounting, Mercantile Laws, General Economics & Quantitative Aptitude

IPCC Level
Group – I
  • Accounting
  • Business Laws, Ethics and Communication
  • Cost Accounting and Financial Management
  • Taxation
Group-II
  • Advanced Accounting
  • Auditing and Assurance
  • Information Technology and Strategic Management
Final Level
Group I
  • Paper 1 : Financial Reporting
  • Paper 2 : Strategic Financial Management
  • Paper 3 : Advanced Auditing and Professional Ethics
  • Paper 4 : Corporate and Allied Laws
  • Section A : Company Law
  • Section B : Allied Laws
Group II
  • Paper 5 : Advanced Management Accounting
  • Paper 6 : Information Systems Control and Audit
  • Paper 7 : Direct Tax Laws
  • Paper 8 : Indirect Tax Laws
  • Section A : Central Excise
  • Section B : Service Tax
  • Section C : Customs & Foreign Trade Policy


Passing Criteria


A candidate is declared to have passed the CA-CPT examination, if he/she secures at one sitting a minimum of 30% marks in each paper and 50% marks in the aggregate of all subjects and in CA-IPCC/ Final examination he/she has to secure minimum of 30% marks in each paper and 50% marks in the aggregate of all subjects.



Examination


- For CA-CPT Examination is conducted twice a year in June and December. For CA-IPCC / Final Examination is conducted twice a year in May and November.



Exam Pattern

  • CPT Level All subjects are of Objective type.
  • IPCC Level All the papers are of subjective type.
  • Final Level All the papers are of subjective type.



Medium of Exam


The Institute allows facility to students to appear in examination in Hindi & English medium.



TRAINING


ITT & OTC TRAINING 1 month ITT & 5 Days OTC Training conducted by various chapters of ICAI is to be done before start your articleship. 3 Years of Articleship after passing CA-IPCC Gr.-I by CA-CPT Route & Direct Entry student joining articleship from ITT & OTC Training.

GMCS
  • Undergo General Management and Communication Skills-I (GMCS) course (15 days) during the first year of articled training.
  • Undergo General Management and Communication Skills-II (GMCS) course (15 days) after completion of 18 months of articled training but before completion of articled training.
  • Alternatively, attend Four Week’s Residential Programme on Professional Skills Development.
ADVANCE ITT Complete advance Information Technology Training (100 hrs.) conducted by the Branch of ICAI during the third year of practical training but to be compulsorily completed before applying membership of ICAI. Training Component focus on advance features of MS Access, MS excel, CAAT, Core Banking Solution (CBS), Enterprises Resource Planning (ERP), Office automation application and IT security in CA’s office are the main components. If any candidate has registered after May 2012, Advance ITT is compulsory for him/her.



Total Investment (Tentative)


Calculation of an approx. amount to be invested by a student for becoming Chartered Accountant (CA)

I. Approx. Fees to be paid:

SCOPE AND CARRER OPTIONS IN CHARTERED ACCOUNTANCY


Chartered accountancy is the core of all business, be it big or small. A chartered accountant's work involves auditing, taxation, accounting and financial planning. It can be a very challenging and rewarding job.
Career prospects after doing chartered accountancy are exciting. Chartered accountancy can be the first step to other rewarding careers in finance, investment consultancy and fund management.
Chartered Accountants may be involved in any of the following tasks: Financial Accounting

Financial accounting deals with keeping financial records. The job involves interpreting accounts, supervising, controlling and organizing expenditure and income, etc. It includes compiling daily, monthly and yearly management accounts.

The tasks are

  • Operating accounts
  • Carrying out internal audits
  • Dealing with wages and salaries
  • Paying accounts and sending out invoices
  • Managing tax
Auditing
  • Statutory audits are required as per the Company Act by both the private and public sector.
  • CAs carry out internal audit to keep track of management procedures and internal controls and ensure that records are accurate and controls are appropriate. They review compliance with corporate policies and procedures.
  • Tax auditors review financial records and other information provided by taxpayers to determine the appropriate tax liability. Government departments have tax auditors who may be appointed to audit the taxpayers' accounts.
Cost Accounting

Cost accounting deals with the complex business of working out what particular operations, jobs, products really cost to produce
  • Budgeting and budgetary control
  • Forecasting
  • Monitoring expenditure to see that costs are not over-shooting
Tax Management
  • CAs specialize as tax managers and assist in optimizing the firm's financial structure. They look at the tax implications of new plans, changes in company structures, in fact any major decision. They advise on the tax effect of performance goals.
Management Accounting
  • Management accounting is a task senior chartered accountants perform.
  • They collect, organize, collate and analyses information from all parts of the organization.
  • Make regular critical analysis of past and present financial performance
  • Make projections for the future.
Consultancy
  • Consultancy is a challenging opening for bright and ambitious young CAs. Business today needs right information related to accounting. Consultant's functions relate to the following areas.
  • Corporate law advice regarding company formation and structure, liquidation and financial aspects
  • Project planning and advice on financial resource
  • Investigation of share valuation for takeovers, issue of capital shares, amalgamation with other firms.
  • Business advice regarding expansion, profit analysis, profit improvement, joint venture programmes, etc.
  • Secretarial practice and procedures
  • Information systems management
CA in the industry
  • In the industry CAs are generally found in the higher positions of the accounting department and in the finance division at all levels. Besides the regular role CAs are involved with planning and financial strategies, preparing prospectuses for share issues, managing pension funds and long-term investments, investigation of prospective investments, merger or takeover.



Top Companies/Verticals


Following are the areas where CAs find an opportunity

  • Banks (Both private and public)
  • Public Limited Companies (mandatory for the purpose of law)
  • Auditing Firms (such as KPMG, Price Waterhouse, etc.)
  • Finance Companies, Mutual Funds, Portfolio Management Companies, Investment Houses, Stock Broking Firms
  • Legal firms, Legal houses, Patent Firms, attorneys, Trade Mark and Copyright Registers

CS as a Career

INTRODUCTION


The Institute of Company Secretaries of India constituted under an Act of Parliament i.e. the Company Secretaries Act, 1980 is the only recognized professional body in India to develop and regulate the profession of Company Secretaries in India and to award the certificate bestowing the designation of Company Secretary to a candidate qualifying for membership of the Institute.



STAGES TO BECOME CS

To become CS, a student has to clear following subjects at 3 levels of Examination:

Business Environment & Entrepreneurship, Business Economics& Statistics, Business Management, Ethics and Communication, Fundamentals of Accounting and Auditing.
  • Group I - Company Law, Cost and Management Accounting, Economic and Commercial Laws, Tax Laws and Practice.
  • Group II- Company Accounts and Auditing Practices, Capital Markets and Securities Laws, Industrial, Labour and General Laws
  • Group I - Advanced Company Law and Practice, Secretarial Audit, Compliance Management and Due Diligence, Corporate Restructuring, Valuation and Insolvency.
  • Group II - Information Technology and Systems Audit, Financial, Treasury and Forex Management, Ethics, Governance and Sustainability.
  • Group III- Advanced Tax Laws and Practice, Drafting, Appearances and Pleadings, & Elective Subject i.e. student need to submit any one out of five subjects, those subjects are- Banking Law and Practice, Capital, Commodity and Money Market, Insurance Law and Practice, Intellectual Property Rights - Law and Practice, International Business-Laws and Practices.


Passing Criteria


A candidate is declared to have passed the Foundation / Executive / Professional examination, if he/she secures at one sitting a minimum of 40% marks in each paper and 50% marks in the aggregate of all subjects.



Examination


Examination is conducted twice a year in First Week of June and Last Week of December.



Exam Pattern

To become CS, a student has to clear following subjects at 3 levels of Examination:

Objective type questions
Three papers i.e. Taxation, Costing and ILL are of objectives type. Rest papers are of Subjective type.
All the papers are of subjective type.


TRAINING


Training to be done before getting membership, as per new training structure a student has to do following types of training

  • 15 days Management Training conducted by various chapter of ICSI, done after passing executive level.
  • Articleship Training- Student has to undergo compulsory practical training, under a practicing CS or Company registered with ICSI. Duration of training is an under: -
    • After Foundation level- 3 years, or
    • After Executive level - 2 years, or
    • After Professional level - 1 years
  • MSOP after passing CS Professional Level
  • 15 days specialized training after passing CS Professional Level


  • Total Investment


    Calculation of an approx. amount to be invested by a student for becoming CS

    I. Approx. Fees to be paid:

    • Coaching Fees

    Levels Registration Fees Exam Fees
    Foundation Programme Rs. 4500 Rs. 1200
    Executive Programme Rs. 8500 Rs. 2400 (1200*2)
    Professional Programme Rs. 12000 Rs. 3600 (1200*3)
    Total Rs. 25000 Rs. 7200

    Gross total = Rs. 32200 (25000+7200)

    • Registration Fees with ICSI


    Total Fees (Coaching Fees + Registration Fees with ICSI) = 1,53,700/-

    II. Stipend to be received during articleship period (Approx.)

    Rs. 3000 per month for 2 years of training, i.e. (Rs. 3000*24) 72,000/-

    Total investment to become a CS (I-II) = Rs. 81,700/-

    CAREER AS A COMPANY SECRETARY


    1. The Company Secretary is

    • An in-house legal expert; a compliance officer of the Company.
    • An expert in corporate laws, securities laws & capital market and corporate governance
    • Chief advisor to the board of directors on best practices in corporate governance
    • Responsible for all regulatory compliances of company
    • Corporate planner and strategic manager


    2. Role of a Company Secretary

    A Company Secretary being multidisciplinary professional renders services in the following areas

    • Corporate Governance and Secretarial Services
    • Corporate Laws Advisory and Representation Services
    • Financial Market Services
      • Public Issue, listing and Securities Management
      • Takeover Code, Insider trading, Mergers & Amalgamation
      • Securities Compliance and Certification Services
      • Finance & Accounting Services
      • Taxation Services
      • International Trade & WTO Services

    3. EMPLOYMENT PROSPECTS

    A qualified Company Secretary has openings in Employment and as Practising Independent Professional

    Company Secretary in Employment
    • Companies with a paid up share capital of Rs.5 crore or more are compulsorily required to appoint a whole-time Company Secretary under section 203 of Companies Act, 2013.
    • All companies seeking listing on Stock Exchange are required to appoint a whole-time Company Secretary
    • Membership of the Institute is recognized for appointment to superior posts and services under Central Government
    • Membership of the Institute is a recognised qualification for recruitment from Grade I to Grade IV in the Accounts branch of the Indian Company Law Service.
    • Almost every kind of organization whose affairs are conducted by boards, councils or other association, federation, authority, commission or like , finds it useful to appoint a person who holds the qualification of Company Secretaries in key managerial position.
    • Annual package Approx. Rs. 4,00,000 to Rs. 6,00,000 for beginners
    SELF EMPLOYMENT (PRACTICE)

    After obtaining a ‘Certificate of Practice’ from the Institute, Members of the Institute can go for Independent Practice.

    • Only a PCS can Sign and Certify the Annual Returns of companies and perform secretarial Audit.
    • Certificate for Corporate Governance of Listed companies.
    • Practising Company Secretaries have also been recognized to appear before various Tribunals such as Company Law Board, Securities Appellate Tribunal, Competition Commission, Telecom Dispute Settlement and Appellate Tribunal, Consumer Forums, Tax Tribunals etc.,
    • Reserve Bank of India has recognized the Practising Company Secretaries to undertake Diligence Report for Banks
    • A Company Secretary in practice is recognized to issue certificates and attest documents under, Companies Act, 2013, SEBI Act, SCRA and regulations made there under Depositories Act, 1996, Exim Policy etc.
    • Company Secretaries in Practice also render services in the areas like, Taxation Legal, Secretarial and Corporate Governance, Corporate Restructuring, Foreign Collaborations and Joint Ventures, Arbitration and Conciliation, Financial Management, Project Planning & Finance, Capital Market and Investor Relations, Due Diligence, Corporate Advisory Services.

    CMA as a Career

    INTRODUCTION


    The Institute of Cost Accountants of India is the only recognized statutory professional organization and licensing body in India specializing exclusively in Cost and Management Accountancy. The member of this institute i.e. “Cost Accountant" is a person who offers to perform services involving the costing or pricing of goods and services or the preparation, verification or certification of cost accounting records and related statements.

    • Maintenance of Cost Records and Cost Audit.
    • Valuation Audit under Central Excise Act.
    • Audit under Vat and Special audit under Customs Act.
    • Determination of product prices.
    • Income Tax, Sales Tax, Service Tax, Commercial Tax consultant.
    • Project planning or financial adviser.
    • MCA returns preparation and filling work, Company formation work.
    • Internal Audit of corporate and other organizations.
    • Portfolio Management.
    • All type of Management Consultancy Services.
    • Legal, Secretarial and Corporate Governance.
    • Corporate Restructuring.
    • Foreign Collaborations and Joint Ventures.
    • Arbitration and Conciliation.
    • Financial Management.
    • Project Planning
    • Capital Market and Investor Relations.
    • Due Diligence Audit
    • Corporate Advisory Services


    STAGES TO BECOME CMA

    To become CMA, a student has to clear following subjects at 3 levels of Examination

    • Fundamentals of Economics & Management
    • Fundamentals of Accounting
    • Fundamentals of Law & Ethics
    • Fundamentals of Business Mathematics & Statistics
    • Group I
      • Financial Accounting (FAC)
      • Law, Ethics & Governance (LEG)
      • Direct Taxation (DTX)
      • Cost Accounting & Financial Management (CAFM)
    • Group II
      • Operations Management & Information Systems (OMS)
      • Cost and Management Accounts (CMA)
      • Indirect Taxation (ITX)
      • Company Accounts & Audit (CAA)
    • Group I
      • Corporate Laws & Compliance (CLC)
      • Advanced Financial Management (AFM)
      • Business Strategy & Strategic Cost Management (BSCM)
      • Tax Management & Practice (TMP)
    • Group II
      • Strategic Performance Management (SPM)
      • Corporate Financial Reporting (CFR)
      • Cost & Management Audit (CMAD)
      • Financial Analysis and Business Valuation (FABV)


    Passing Criteria


    A candidate is declared to have passed the CMA-Foundation examination, if he/she secures a minimum 50% marks in the aggregate of all subjects and in CMA-Intermediate / Final examination he/she has to secure minimum of 40% marks in each paper and 50% marks in the aggregate of all subjects.



    Examination


    CMA-Foundation Examination is conducted 4 times in a year (i.e. March, June, September, December). CMA- Intermediate / Final Examination is conducted twice a year in June and December.





    Medium of Exam


    The Institute allows facility to students to appear in examination in Hindi & English medium.



    TRAINING


    Practical Training Scheme

    • 1. Objectives of the Practical Training
      • To develop among the students, the necessary skill required to apply theoretical knowledge of cost and management accounting to practical situations in different professional fields.
      • Exposure to environments under which different organizations work.
      • Providing on-job experience of practical aspects of cost and management accounting.
      • Developing disciplined attitude required for a professional.
      • Creating awareness on ethical values in professional work.
    • 2. Who are to undergo Practical Training
      • Every student having registered under Revised Syllabus 2008/Syllabus 2012, shall be required to undergo practical training for a period of 3 years on whole time basis to the satisfaction of council in any one or more of the organization specified in Appendix A, and in areas as specified in Appendix B for the recognition for training.
        However, students for being eligible to make an application to appear in the final examination must

      • complete at least 6 months of Practical Training in any one or more of the organization specified in Appendix A, and in areas as specified in Appendix B,
        (OR);
      • must have an experience of at least 6 months in any one or more of the organization specified in Appendix A, and in areas as specified in Appendix B,
        (OR);
      • enroll for the I- CMA Training Module as indicated in Appendix C
    • Exemption from Practical Training
      • A student of the Institute who is working or has already worked in any of the recognized Organizations as given in Appendix A and in any of the recognized areas as given in Appendix B, can claim exemption from Practical Training by following the procedures given below:

      • (i) Submission of Form T-3 to Directorate of Training and Placement of the Institute along with a DD for Rs. 2000/- drawn in favour of Institute of Cost Accountants of India payable at New Delhi.
      • (ii) The students whose applications are received & found eligible on or before 31st March will be eligible to appear for June Examination & 30th September will be eligible to appear for December Examinations.
      • (iii) A student can seek exemption from Practical Training immediately after joining the Intermediate course, or at any time during the course of studies subject to dates given in 3(ii) if he is otherwise eligible.
      • During practical training period student will get stipend approximately Rs. 2000 per month, and it can be increased according to their knowledge & skill.



    Total Investment


    Calculation of an approx. amount to be invested by a student for becoming Cost Management Accountants (CMA)

    I. Approx. Fees to be paid:

    • Coaching Fees

    SCOPE AND CARRER OPTIONS IN COST MANAGEMENT ACCOUNTANS (CMA) :


    Employment (Job perspectives)

    • Private Sector

      There has been increasing awareness amongst the business entrepreneurs of the most vital contribution made by cost and management accountancy services in the business houses to the attainment of business objectives. This has accentuated the demand for cost and management accounting services in all the sectors of economy. Many members of the Institute are holding top management positions, viz., Managing Director, Finance Director, Financial Controller, Chief Accountant, Cost Controller, Marketing Manager, Chief Internal Auditor, CEO, CFO. Those managing their own business have found in themselves a Manager and an Accountant to control and flourish their business. No wonder a Cost Accountant can attain the highest ladder of professional career.

    • Government Sector

      Realizing the importance of the profession of the Cost and Management Accountancy in the economic development of the nation, the Central Government has constituted an all-India cadre known as Indian Cost Accounts Service (ICAS) at par with other Class-I services such as IAS, IFS etc. to advise the government in cost pricing and in framing the appropriate fiscal and tax policies.

    • In Educational Institutions

      University Grants Commission (UGC) has notified “UGC Regulations on Minimum Qualifications for Appointment of Teachers and Other Academic Staff in Universities and Colleges and Measures for the Maintenance of Standards in Higher Education, 2010 vide its Circular No. F.3-1/2009 dated 30th June 2010.
      The Regulations prescribe the minimum qualification for appointment of teaching faculty in universities and colleges in the area of Management/ Business Administration. The qualifications specified for appointment of Assistant Professor, Associate Professor and Professor in the above area and Principal/Director/Head of the Institution include First Class Graduate and professionally qualified Cost and Works Accountant among other qualifications and subject to other requirements including qualifying NET/SLET/SET as the minimum eligibility condition for recruitment and appointment of Assistant Professors.

    Self-Employment (Practice)

    A Cost and Management Accountant may build up his own practice by obtaining a license from the Institute which would enable him to practice as a Cost Accountant, either individually or in partnership with one or more members of the Institute in practice. His clientele includes private and public companies, large, medium and small scale undertakings, partnership and proprietary concerns, industrial, commercial and service undertakings etc. Now a days CMA can join and create Limited Liability Partnership Firm with other professionals like Chartered Accountants, Engineers etc.

    EMPLOYMENT PROSPECTS

    A qualified Company Secretary has openings in Employment and as Practising Independent Professional

    XI / XII Career Options

    • CA-CPT
    • CS-Foundation
    • CMA-foundation
    • B. Com
    • L.L.B.
    • CLAT
    • B.B.A.
    • B.C.A.
    • B.C.M.
    • S.S.C. (Matric Level)

    Regular Course:


    • 1st Batch: Starting from 1st April (XI/XII)
    • 2nd Batch: Starting from 1st June (XI/XII)


    Scholarship Scheme (XI / XII): –




    Crash Course


    Summer Vacation 50 days Crash Starting from 25th April



    Capsule Course


    Exam preparation Capsule Course starting from 1st week of January (XI/XII)



    Summer Vacation 50 days Crash Starts from 25th April

    Schedule


    Exam preparation Capsule Course starting from 1st week of January (XI/XII)



    Schedule


    B.COM as a Career

    Career in Commerce After B.COM.


    C.A. Direct entry in CA-IPCC if secured minimum 55% in B.Com.

    C.S Direct entry in CS-Executive if secured minimum 55% in B.Com.

    CMA Direct entry in CMA-Inter if secured minimum 55% in B.Com.

    UPSC & State PSC Exam.

    S.S.C Graduate Level Exam.

    Export & Import Diploma

    M. COM

    L. L. B

    M. B. A.

    BANKING



    EXCEL’S CLASS SCHEDULE:


    YEARLY BATCHES SCHEDULE:


    • 1st Batch starts from 15th July
    • 2nd Batch starts from 15th Dec.

    ICA

    Admission: -


    Admission is open throughout the year.



    Eligibility: -


    12th appearing or Passed.



    CIA


    Business Computer Applications and Advanced MS Excel:


    • Work on MS Word to perform tasks such as letters and mail merge.
    • Create, edit and manage data in Excel spreadsheets, perform Excel modeling and data mining
    • Prepare MIS reports using spreadsheets under Advanced MS Excel module.


    Business Accounting:


    • Understand the importance and basics of accounting
    • Identify accounts documents, classify them into appropriate ledgers and manage books of accounts
    • Calculate stock, account for depreciation and reconcile bank statements while making final accounts.


    Tally ERP:


    • Create ledgers and groups with complete understanding of accounts and tax
    • Pass journal entries, and create reports and analysis online
    • Infer tax implications for Income Tax, TDS, Service Tax, Central Excise and Local Taxes within transactions. Account for payroll including Provident Fund (PF) an Employee State Insurance (ESI)


    Additional Accounting Package:


    • An organization may not be using only Tally. This module helps you familiarize with an additional accounting package that is popular in your region


    Advanced Accounts:


    • Ensure all transactions have been covered error free
    • Finalize the accounts online after profit screening and year-end adjustments


    Direct and Indirect Taxes:


    • Understand tax concepts, maintain books of accounts and file tax returns using simulated software helps in filing of returns of Income Tax, TDS, Service Tax, Central Excise or Local taxes such as VAT.


    Banking, Cost Management and Auditing:


    • Perform banking functions such as cheque management, using online baking environment and e-transaction.
    • Also understand the concepts of Cost Management and Auditing such as vouching and verification


    Business Communication:


    • Appear for an interview with much confidence
    • Have a great resume built for yourself and practice how a good professional works in a corporate environment. Empower yourself with skills such as making presentation, communicate better and better e-mail etiquettes.


    CIA+


    Business Computer Applications and Advanced MS Excel:


    • Work on MS Word to perform tasks such as letters and mail merge.
    • Create, edit and manage data in Excel spreadsheets, perform Excel modeling and data mining
    • Prepare MIS reports using spreadsheets under Advanced MS Excel module.


    Business Accounting:


    • Understand the importance and basics of accounting
    • Identify accounts documents, classify them into appropriate ledgers and manage books of accounts
    • Calculate stock, account for depreciation and reconcile bank statements while making final accounts.


    Tally ERP:


    • Create ledgers and groups with complete understanding of accounts and tax
    • Pass journal entries, and create reports and analysis online
    • Infer tax implications for Income Tax, TDS, Service Tax, Central Excise and Local Taxes within transactions. Account for payroll including Provident Fund (PF) an Employee State Insurance (ESI)


    Additional Accounting Package:


    • An organization may not be using only Tally. This module helps you familiarize with an additional accounting package that is popular in your region


    Advanced Accounts:


    • Ensure all transactions have been covered error free
    • Finalize the accounts online after profit screening and year-end adjustments


    Direct and Indirect Taxes:


    • Understand tax concepts, maintain books of accounts and file tax returns using simulated software helps in filing of returns of Income Tax, TDS, Service Tax, Central Excise or Local taxes such as VAT.


    Banking, Cost Management and Auditing:


    • Perform banking functions such as cheque management, using online baking environment and e-transaction.
    • Also understand the concepts of Cost Management and Auditing such as vouching and verification


    Business Communication:


    • Appear for an interview with much confidence
    • Have a great resume built for yourself and practice how a good professional works in a corporate environment. Empower yourself with skills such as making presentation, communicate better and better e-mail etiquettes.


    SAP:


    • Work in a company which has deployed SAP and account for Accounts Receivable / Payable and navigate in SAP


    MCA:


    • Understand the companies act and file returns with the Ministry of Corporate Affairs (MCA) with or without XBRL
    • Also get an overview of the Companies Act 2013 and stay ahead of the competition.


    IFRS:


    • New Financial Reporting framework- International Financial Reporting Standards (IFRS) and work with Ind AS when it becomes applicable for Indian companies.


    Financial management and Share Markets:


    • Perform basic Financial Management functions such as calculate loan EMIs
    • A basic capital budgeting exercise
    • Practice trading on Share Markets after practicing in near live environment using ODIN terminal


    Income Tax Planning /Import Export Management:


    • Save taxes for self / clients / employer after better planning
    • Understand regulatory environment for import / export and comply as required


    Microsoft certification on MS Excel 2013:


    • Take Microsoft’s MS Excel 2013 certification test and be globally recognized as proficient in MS Excel.


    CIA ASSUMPTION


    Advanced Accounts:


    • Ensure all transactions have been covered error free
    • Finalize the accounts online after profit screening and year-end adjustments


    Direct and Indirect Taxes:


    • Understand tax concepts, maintain books of accounts and file tax returns using simulated software helps in filing of returns of Income Tax, TDS, Service Tax, Central Excise or Local taxes such as VAT.


    Business Communication:


    • Appear for an interview with much confidence
    • Have a great resume built for yourself and practice how a good professional works in a corporate environment. Empower yourself with skills such as making presentation, communicate better and better e-mail etiquettes.


    Banking, Cost Management and Auditing:


    • Perform banking functions such as cheque management, using online baking environment and e-transaction.
    • Also understand the concepts of Cost Management and Auditing such as vouching and verification


    Advance MS Excel:


    • Advanced applications of Excel in Accounts and Finance
    • Power BI Model, Dash Board, ASAP Utilities, Google Drive, Real Life Project


    CIA+ ASSUMPTION


    Advanced Accounts:


    • Ensure all transactions have been covered error free
    • Finalize the accounts online after profit screening and year-end adjustments


    Direct and Indirect Taxes:


    • Understand tax concepts, maintain books of accounts and file tax returns using simulated software helps in filing of returns of Income Tax, TDS, Service Tax, Central Excise or Local taxes such as VAT.


    Banking, Cost Management and Auditing:


    • Perform banking functions such as cheque management, using online baking environment and e-transaction.
    • Also understand the concepts of Cost Management and Auditing such as vouching and verification


    Business Communication:


    • Appear for an interview with much confidence
    • Have a great resume built for yourself and practice how a good professional works in a corporate environment. Empower yourself with skills such as making presentation, communicate better and better e-mail etiquettes.


    SAP:


    • Work in a company which has deployed SAP and account for Accounts Receivable / Payable and navigate in SAP


    MCA:


    • Understand the companies act and file returns with the Ministry of Corporate Affairs (MCA) with or without XBRL
    • Also get an overview of the Companies Act 2013 and stay ahead of the competition.


    IFRS:


    • New Financial Reporting framework- International Financial Reporting Standards (IFRS) and work with Ind AS when it becomes applicable for Indian companies.


    Financial management and Share Markets:


    • Perform basic Financial Management functions such as calculate loan EMIs
    • A basic capital budgeting exercise
    • Practice trading on Share Markets after practicing in near live environment using ODIN terminal


    Income Tax Planning /Import Export Management:


    • Save taxes for self / clients / employer after better planning
    • Understand regulatory environment for import / export and comply as required


    Microsoft certification on MS Excel 2013:


    • Take Microsoft’s MS Excel 2013 certification test and be globally recognized as proficient in MS Excel..




    Contact Us

    The Institute of Computer Accountants
    Mo.: 07693921000, Ph.: 0771-4011100
    Email : Raipur.cia@icagroup.in