In the highly competitive world, where education is the dream of the rich, CA is the course that opens the door to the dream job with less money. Yes, In India the top ten CA firms as of 2020 have operations internationally and nationally. The names of these top companies are Erns& Young, KPMG, Deloitte, BDO International, RSM international, Grant Thornton international, SS Kothari Mehta & Co., SahniNatrajan&Bahl, and Lodha& Co. CA firms need to get registration, trade license, and approval of the municipal corporation. CA firms streamline the liquidity and profitability aspects of the companies.
The start-up companies in India grow only with efficient auditing firms. They advise in matters like what is the right time and amount to take a loan and which sort of investment is good for the long term plans of the company. The tax filing of the companies has many documents and the auditors keep all the documents for proper planning. Financial decisions like a loan, investment, and tax planning with expert knowledge will boost the profit of the company. So, auditors are the backbone of the country.
There are four subjects in the CA foundation. Revise with the important question paper and previous year’s question paper for securing a high score. By doing proper planning the time management becomes easy. As CA is a vast subject use the energy and time with planning. This helps in completing the CA exams successfully. Auditors need to have additional qualifications apart from core knowledge in the areas like forensic accounting, international tax system, anti-money laundering laws, fraud detection, bank audit, and information system audit. This is to manage the competition happening in the commercial market. Join the best institute like RR academy to participate in the growth of the country.
List of courses after 10th standard
After 10th standard, the courses that are open to the students are diploma in Engineering subjects, vocational courses, NEET exam for medical students, certification courses, ITI courses, JEE for engineering students, and CA foundation for CA students. The two choices left to the students are to go with a skill-based course or a core subject-based course. The three streams in the school are arts, commerce, and science. If the student opts for the diploma courses then the wide range of choices are mechanical, electrical, Minning engineering, civil, IC, EC, and textile engineering. If they pass the diploma course then the admission of engineering becomes easy. They get admission into the second year of engineering by having the certificate of diploma. In the case of ITI, the wide range of courses is a plumber course, electrician course, welder course, turner course, machinist course, and mechanic course. Software certification courses like ethical hacking, web designing, graphic designing, and app development are open to the students. The vocational courses are for specialized knowledge. The wide range of choices here is agriculture, automobile, retail management, food processing, textile technology, and medical laboratory technology. CAT course is open to the 10th students with foundation level entry. The second part is the competency level and the third part is the internship. This CAT course helps get admission in B-schools. For pursuing MBA in B-schools this entrance mark forms the ground. There are around 1,200 B-schools across India.
Why CA is better than any other professional course?
The last but best option left to the students after completing 10th standard is the CA foundation course. The approval of the government for amendments from 28G, 25E, and 25F opened the door for doing CA after the 10th standard. 25F is the foundation new scheme, 28 E is the regulation for the intermediate, and regulation 31 is the act for CA final course. ICAI also provides access to online free classes. Education minister Mr. K.A. Sengottaiyan said that as there is a demand for chartered accountants the government and government-aided schools are provided with free training for the foundation from this year as a new norm. The school education department had entered into a memorandum of association with the ICAI institute for the free training. These free online classes are organized between June and September for three months. This is to support the poor students and bridge the gap of professionals in the economy. After completing plus two the students can make use of this free online training. Apart from the free classes, coaching with a long stretch of 6 months to one year is necessary for ambitious students.
RR academy provides online CA foundation classes from the best teachers of the subject. This is to prepare with 100 percent hard work and dedication for the success of the students. Government supports the CA course with fewer fees and free classes which shows that this is the course that develops the Indian economy. Globally engineering graduates demand is more. Indian Chartered accountants are working with high profile jobs in developing nations around the world. Former president of the ICAI, New Delhi said in the inauguration function of Sri Krishna Arts and science college that “the growth of the Indian economy is about to surpass the growth of China. There is a demand in the Indian economy for young professionals and women professionals. He also mentioned that frauds, risks can be prevented by employing CAs. They do the consultation for GST with developing Indian companies which matters a lot”. So, Chartered accounts have their roots in the development of the nation. Academicians like RR academy know about the importance of chartered accountant supply to the economy. So, we bridge the gap and initiate the stable growth of the economy. This is the right time to turn knowledge into a powerful tool for the growth of the Indian economy.