Table of Contents
What should a chartered accountant know?
Chartered accountant skills
| Skills | Details |
|---|---|
| Communication | Explain complex financial information to non-CA colleagues. |
| Commercial Awareness | Understanding of day to day changes in the business world affecting organizations. |
| Ethics | CAs deal with money and require great ethics to be professional and to be trusted by companies. |
Which institute is best for CA in world?
| Top 10 Universities for Accounting & Finance in the World Based on the QS World University Rankings by Subject 2015 | ||
|---|---|---|
| Rank | Name of Institution | Location |
| 1 | Harvard University | United States |
| 2 | Massachusetts Institute of Technology (MIT) | United States |
| 3= | Stanford University | United States |
What skills are required to be a CA?
Following skill sets, in general must be possessed by CA students.
- 1) Discipline, Diligence and hard work:
- 2) Conceptual understanding.
- 3) A head for numbers:
- 4) Analytical Skills.
- 5) Communication Skills.
- 6) Managing the tight rope walk.
- 7) Ability to Accept Failures.
How many years does it take to be a chartered accountant?
Depending where you are in your accounting career, it could take on average three to seven years to become a chartered accountant. It’s well worth knowing what path you need to take and which qualifications are best placed to help you attain chartered status.
Can a paid assistant of a foreign firm join ICAI?
(b) The member working as a paid assistant with a foreign firm of accountants outside India is eligible for admission as a fellow member provided the firm is having atleast one partner who is/was either the member of the ICAI or who is/was eligible to become its member under Section 4 (1) (v) of the Chartered accountants Act.
How to pay the fee of Chartered Accountants of India?
However the fee can also be paid in US $ at the prevailing exchange rate. The normal method of payment is by way of Demand Draft/ Local cheque in favour of the Secretary, the Institute of Chartered Accountants of India payable at respective places where the concerned decentralized offices are situated. .
What is the role of Chartered Accountants?
As pioneers of the accounting profession not only in our country but also internationally, we Chartered Accountants have a key role to play as change leaders and thought leaders in the constant growth of any economy by following virtues of independence, integrity and excellence.
Can a chartered accountant use the designation ACA or FCA?
The member cannot use the designation Chartered Accountant or the qualification ACA or FCA as the case may be. In the case of members holding certificate of Practice his right of practice will cease and his association, if any, with firm of Chartered Accountants in India as a partner etc will also came to end.