What is the Full Form of CA?

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The full form of CA is Chartered Accountant. Do you know what is the full form of CA? With the passing of 12th standard, the avenues for future CA studies are opened for the students, so every year lakhs of students in the country study diligently to clear the CA exam!

Perhaps a commerce student has more knowledge about CA. But if you also want to choose CA as a profession, then you must know about the full form of CA and the information related to it. Full Form of CA

But since doing the job of CA is very respectable, we often keep hearing the word CA in daily life, but in reality many people do not know what is the full form of CA?

That’s why today’s article is only on the subject of full form of CA, in which we will try to give you useful information on the subject of full form of CA in detail! So let’s start today’s article without wasting time and know what is CA and how to do it?

What is the full form of CA?

Although the word CA is an English speaking word, but if we understand chartered accountant in native language then CA is an “Accountant”.

Full Form of CA

Yes, just as in earlier times the work of an accountant was to do accounting and give financial advice to people, in the same way today this work is done by a Chartered Accountant.

What is the Job of CA?

The job of a chartered accountant is to manage finances, which includes managing bank accounts, budgeting, auditing, business strategy, and taxation. Full Form of CA

What is the work of CA?

The main function of a CA in a firm or company is to provide professional advice related to finance. That is, a CA is expert in the field of finance and business. The details of some of the important tasks performed by a CA in a company are given below –

  • CA in a firm keeps an eye on a financial statement. And also analyzes the risk.
  • Preparation and creation of accounting statement is also done by CA only.
  • Along with this, a CA gives important financial advice in a company in tax planning, business transaction, insolvency, merger and joint venture.

When and why is CA Day Celebrated?

By now many of you will see a charted accountant as just a job! But every year in India, July 1 is celebrated as Chartered Accountants Day.

The Institute of Chartered Accountants of India (ICAI) was first established on this day in 1949.

Let us tell you that under an Act passed in Parliament at that time, the Institute of Chartered Accountant of India i.e. ICAI was established.

Therefore, Chartered Accountants Day is celebrated every year on July 1 by Indians to honor all the charted accountants of the country.

ICAI is the national professional accounting body of our country. It is a matter of pride for the country that ICAI is also known as the world’s second largest accounting organization i.e. accounting organization.

Friends, here we have shared information about the great facts related to ICAI, so let’s know what is ICAI and some important information related to it.

Facts about ICAI

ICAI is one of the oldest professional bodies ever built under the Indian Parliament Act 1949. After the (CPA) American Institute of Certified Public Accountants(ICAI) is the world’s largest accounting body and not India.’

ICAI reservation i.e. reservation is free, in which office-bearers are also selected without any reservation criteria.

The first certificate by ICAI was first given to CA Gopaldas Padamasi Kapadia. He is also known as the first President of ICAI.

Can I do CA after 12th?

If you are currently a 12th student and you want to do CA, then you can take admission for CA after passing 12th and do CA course. If you have taken arts in 12th and you want to know if you can do CA, then let me tell you that you can also do CA, just for this you have to pass the CA exam.

How long is the CA course?

The CA course takes about 5 years to complete and aims to help you strengthen your hold in accounts and the accounts industry.

Can students of any stream give the exam for Charted Accountant?

Yes, The thing to keep in mind here is that if you are in school, and are dreaming of becoming a CA in the future, then studying in commerce stream after 10th will prove beneficial for you. Because most of the commerce subjects are taught in CA.

But if you take arts and science in 11th, then you will have to take coaching to study ca subject. Only then will you be able to clear the CA exam. Because the first exam of CA is not easy for cpt students, it can be passed only after hard work.

Eligibility to become CA

There is definitely some qualification for every exam, what qualification should be required to become a CA? Let’s know.

You can apply for this course course entrance exam after passing 10th, but you can take this entrance exam only after passing 12th. Arts Commerce Science stream students of this Arts Commerce Science stream can also take this exam.

Now let us talk about the qualifications that every student who wants to become a CA should have.

It is necessary for the candidate to pass 12th from any stream.

The first students to take the CA exam after passing 12th CPT. (Common Proficiency Test) exam has to be cleared.

Note – It is necessary to have 12th pass, from which stream you are passing, it does not matter what percentage is.

To become a CA, the first step is to give the Cpt exam. To give this exam, you have to do ICAI registration. After clearing this exam, the process of becoming a CA starts again.

What is the salary of CA for month?

CA’s month salary can range from 50,000 to 1,00,000. Monthly Income of Chartered Accountant in India 2022. The salary of CA in India is 8-9 lakhs annually and it can reach up to 60 lakhs. Thus, the CA salary per month in India is Rs 50,000 to 1,00,000.

FAQs

What is the full form of CA?

The full form of CA is Chartered Accountant.

What is the full form of ICAI?

The full form of ICAI is Institute of Chartered Accountants of India.


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