CAs is highly demanded professionals in industry. They are statutorily recognized Audit professionals. They are sought after experts in the practice of income tax, Service Tax and other indirect Tax areas. CA’s are well equipped to perform as management consultants.

A Chartered Accountant may prefer to join industry or a governmental department. Many CA’s hold responsible positions in business or business or industrial firm in the capacity of CEO, MD, Director (Finance) and Chief Accountants.

The accounting department prepares analyses financial reports and documents of an organization. Auditing involves checking the accuracy of the financial statements, ensuring that the accounting presented are drawn up on correct accounting principles.

Cost Accountancy involves maintaining cost auditing records, compiling cost in foundations & installing cost in formation system. Taxation involves dealing with direct taxes like income tax & wealth tax, assessment of taxes, filing returns and providing advice on indirect tax.

The various areas of consulting include management accounting, project planning & finance, internal audit, system audit Chartered Accountants also act as directors, arbitrators for setting disputes, handling work related to insolvency, bankruptcy etc. They also perform market research, budget planning working capital management, inventory control, policy planning, securities consultancy, register of issues of securities.

ICAI is well recognized by institute of Chartered Accountants of England and Wales (ICAEW) of UK and Certified Public Accountant (CPA) of Australia. The member of ICAI can do practice or they can go for employment in these countries. ICAI members are equally valid for job opportunities at Africa and Gulf countries.

In a nut shell, Chartered Accountancy is a career which brings out best return on investment of time and money.