CA Guru Says...
ICAI - The Institute of Chartered Accountants of India - regulates the profession of Chartered Accountants in India.
Did you know?
In India there is 1.33 CA for every 10,000 of the population (approx).
For taking CPT you have to first register with the Institute of Chartered Accountants of India.
Fact of the matter:
35.4% of the test takers for CPT December 2009, passed it.
Various Fields
Accountancy: - Preparing accounts, supervising, controlling and organizing income and expenditure and making financial statements for all kind of companies and government organizations.
Auditing:- Making sure that Financial Statements represents the true picture of companies financial position and it had followed the correct accounting procedures.
Cost Consultancy:- Includes working out cost of a particular operation as well as minimizing costs and future forecasting.
Taxation:- Preparing the returns for tax purposes, rendering advice on tax matters and minimization of incidence of direct and indirect taxes using legal means. Government also hire CAs.
Legal Matters:- Handling legal aspects of contracts, estate planning and playing a crucial role during insolvency and liquidation of a company.
Management Consultancy:- Collecting, Organising and analyzing information and covering statements from various financial departments to make analysis of past and present financial performance.
Planning and Management:- Compiling various reports and suggesting clients in improving the management of their company.
Company Secretarial work:- Ensuring that the organisation complies with relevant legislation and regulation, and keeps board members informed of their legal responsibilities.