They're alternatively caricatured as bean counters and sought after by
everyone who has a tax return to file or money to spend. Love them or hate
them, you just can't ignore chartered accountants.
Chartered accountancy is a career option that's only growing in
stature, and it's evident in the rush of young people intent on joining the
profession, because Chartered As today don't necessarily have to be
independent. They also land top jobs in Fortune 500 companies, law firms and
prestigious establishments across all sectors of the economy.
You can start working towards a career as a Chartered Accountant right
after clearing your Class X Board exams. Register with the Institute of
Chartered Accountants of India (ICAI) for the Common Proficiency Course (CPC),
which will help you prepare for the Common Proficiency Test (CPT), the first
step towards your dream of becoming a CA, which is held in June and in December
for students who have cleared Class XII. The CPT, available in both pencil-
and- paper and online versions, tests your basic knowledge in four subjects -
Accounting, Mercantile Laws, General Economics and Quantitative Aptitude. And
the best first step to preparations for the test is a visit to the ICAI
website.
This year too, the test will follow the same pattern as it has in the
past so many years. The competition is intense. You must have an aptitude for
solving business problems, but that alone won't see you through. You'll have to
answer all the model test papers and study the entire syllabus thoroughly and
not just two or three chapters.
Complement the study material with standard text books and prepare
notes covering all key points. How well you've understood the topics will
determine how capably you answer questions. In the initial stages, use your
model test papers to understand and absorb the study material, rather than
assess whether you can answer within the prescribed time limit..
Join an ICAI test preparation centre at least three months before the
test. Allocate time daily to the various units after gaining a broad
understanding of the macro-level syllabus, answer the questions papers of the
previous years and take the mock papers, and read the practice manuals
thoroughly.
The more you practice, the more you'll be aware of your strengths and
weaknesses for chartered accountancy. The exam is open to students of all
streams, so we try to make it a level playing field. Student can enrol with our
regional councils for preparations and we also have online oral coaching
centres to help them.
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