Chartered Accountancy Essay

Chartered Accountancy as a calling is attracting a lot of young and witnessing a rapid growth, thanks to the development corporate sector globally. Chartered Accountants usually occupy high and in effect(p) posts in an organization. They ar the champions responsible for handling accounts and finance related matters, contract with money management.Chartered Accountancy is also a dynamic, challenging and honor profession. Chartered Accountancy Course is a professional course in Accounting introduced in our country in 1949, with the enactment of the Chartered Accountants Act. The instal of Chartered Accountants of India (ICAI) was formed the same year. This Institute is both an examining and a licensing body. It is the accountability of the institute to conduct the Chartered Accountancy (CA) Course.Chartered accountants are the one who are specialized in accounting, auditing and taxation. They also serve as a management and corporate caretaker. In recent times, accountancy has be come common as a profession. The services of a Chartered accountant are required in money matters even in a short business. Moreover according to the Company Act only CAs in professional practice are allowed to be appointed as auditors of companies in India. Chartered Accountants are the one who are accepted as a member of the Institute of Chartered Accountants of India (ICAI) after having passed the Final inquiry of the Chartered accountancy course conducted by the institute.CA Program soon has three sections, Common Proficiency Test (CPT) that was earlier known as Professional Education exam (PE1), Professional Competence Course (PCC or PCE) and Final examination.