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Chartered Accountant (CA) is a complete business solution provider, employed in areas of Accounting, Auditing, Corporate Finance, Business and company laws, Taxation and Corporate governance. CA is eligible to audit financial statements and business practices as well as offer advisory services to clientele. CA works at some of the highest levels in business as chief financial officers, CEO’s, senior managers and partners of some of the world’s largest organizations. The soul of CA is expected to have true ambition to achieve the best for his or her clients, superb analytical thinking and intuitive genius with updated awareness, top class communication skills and superior grasp of business that gives him or her unique stand in the marketplace. The professional course of CA is regulated by the Institute of Chartered Accountants of India ( ICAI) consists of practical training embedded with a high quality curriculum evaluating the contemporary business dynamics. They are trained thoroughly in all avenues of Finance and Accounting. This CA program is not only respected by business leaders but also by Board of Studies as a Graduate Diploma and this program enables a CA to become a member of a global collective of bright minds at the apex of his or her profession. It is a four year course.
Chartered Accountant is one of the reputed courses in India. CPT commonly known as Common Proficiency Test. This examination is conducted by Institute of Chartered Accountants of India (ICAI). The exam is held twice every year in the months of June and December where in students can register after class X and give the exam after class XII.
Commonly Called as: CA CPT
Exam Type: UG Entrance Exam
Exam Category: National Level
About ICAI Common Proficiency Test
Common Proficiency Test commonly known as CPT is exam for entrance into CA (Chartered Accountancy) course, conducted by ICAI (Institute of Chartered Accountants of India) in June and December. The exam is conducted two times in year such as CA Final and IPCC (Intermediate) Examinations. The details of the exam are given below. Exam is conducted at various centres of India.
To get eligible in CPT and study CA course candidate are required to meet the following eligibility criteria:
Candidates must have passed SSC.
Candidates should have registered for the exam after completion of SSC.
They write their exam after 10+2.
The average Package of CA is Rs 7.11 Lakh per annum.
As a CA you can work in both public and private sector. The initial salary for CA profession is between Rs. 25,000 to Rs 30,000 per month. With experience you may earn up to Rs. 1,00,000 per month. If you opt to work in private firms there is no upper limit as such.
The ICAI has excellent starting salaries in MNCs, commercial organizations in public and private sectors, foreign and local banks and audit firms. The Committee for Members in industry (CMII) of ICAI organizes Campus placement programs for all levels of Chartered Accountants. It is interesting to note that the highest salary offered for Domestic posting under this program of campus placement for Feb- March 2013 was Rs 16.55 Lakh per annum to 5 candidates at New Delhi by Bharti Airtel. The highest salary offered for international posting in the Campus Placement Program for Feb-March 2013 was Rs 21 Lakh per annum offered by Industries at New Delhi center to 4 candidates.
Benefits of CA: It opens ample career opportunities and provides key positions in corporate sector. The campus placement program offered by CMII of ICAI is a boon for CAs as it exposes them to top recruiters and lucrative salary packages.