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Who is Charted Accountant?
Careers in finance and accounting have grown in popularity as the economy has grown, and the most renowned career option in this field is that of a Chartered Accountant. Chartered Accountancy is a rewarding, exciting, and difficult profession. Every country has its own Accounting Association, which oversees the quality and quantity of accounting experts.
The Chartered Accountancy Education is a professional accounting course that was first implemented in our country in 1949, when the Chartered Accountants Act was passed. In the same year, the Institute of Chartered Accountants of India (ICAI) was founded. This Institute is a licensing and examining authority. The institute is in charge of conducting the Chartered Accountancy (CA) Course. The program consists of a three-year combination of theoretical study and practical training that provides students with the information, abilities, skills, and other traits expected of a professional accountant.
A professional practice of accounting, auditing, taxation, and financial assessment for an individual or organizations is known as chartered accounting. Chartered Accountant is an accounting expert who is a qualified professional with a certification from a statutory organization indicating that he or she is qualified to handle concerns concerning a company's accounting and taxation.
Filing tax returns, analyzing financial accounts and business procedures, keeping investment records, producing and reviewing financial reports and paperwork, and so on are all part of it. A Chartered Accountant with professional training is also qualified to provide consulting services to firms and individuals.In India, Chartered Accountancy certification is required to practice professionally as a CA.