Chartered Accountancy Essay

hire accounting system as a profession is attracting a lot of young and witnessing a rapid growth, thanks to the growing corporate area globally. hired Accountants usually occupy high and level-headed posts in an organization. They are the ones responsible for handling accounts and finance related matters, deal with money wariness. lease Accountancy is also a dynamic, challenging and rewarding profession. Chartered Accountancy Course is a professional draw in Accounting introduced in our country in 1949, with the enactment of the Chartered Accountants Act. The Institute of Chartered Accountants of India (ICAI) was organise the same year. This Institute is both an testingining and a licensing body. It is the province 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, account statement has get dow n popular as a profession. The services of a Chartered accountant are required in money matters even in a puny business. Moreover according to the Company Act barely CAs in professional expend are allowed to be appointed as auditors of companies in India. Chartered Accountants are the one who are true as a member of the Institute of Chartered Accountants of India (ICAI) after having passed the last(a) examination of the Chartered accountancy course conducted by the institute.CA Program soon has three sections, Common Proficiency Test (CPT) that was foregoing known as Professional Education exam (PE1), Professional Competence Course (PCC or PCE) and Final examination.