article on CA
in 100 words
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I have wanted to become a Chartered Accountant for long time even from my school life, it is my utmost wish to become a chartered accountant and to establish my own auditing and business consultancy firm.
During my school and college life I heard many success stories of the chartered accountants when I listen about the success stories from my teachers and friends it motivate me to study chartered accountancy. The selection of Commerce/Accountancy major in intermediate studies after passing matriculation in science is the first step of the path for the accomplishment of this dream.
I initially start planning to start chartered accountancy after completing my intermediate studies but due to financial problem I was not able to start chartered accountancy study after my intermediate studies. Therefore, I change my planning and decided to first study Bachelor of Commerce and then start chartered accountancy keeping in view that the bachelor’s study will expand my knowledge related to accountancy and auditing and I would be able to perform well in the chartered accountancy studies. Although I’m not quite sure that the studying Bachelor of Commerce after Intermediate studies is a good decision or not but I gain very valuable knowledge and experiences during my university life. I also received some critics and some motivational comments from my friends and teachers, for a while I change my mind after receiving suggestions from my friend and teacher that the chartered accountancy take long span of time which consists of 5 to 6 years. One day I meet with the representative of Institute of Chartered Accountant of Pakistan (ICAP) and some students who are studying chartered accountancy in an education expo, they gave very motivational remarks and also gave me valuable suggestions regarding the chartered accountancy.
In order to achieve this goal the following task should be accomplished first:
First gaining 13 course exemptions out of 21 courses after completing graduation
Obtain an article-ship (practical training) contract from a well reputed auditing & consultancy firm e.g. PWC, KPMG, Deloitte etc. for 3 years.
Start taking coaching for remaining 8 courses and passed all of them and complete the 3 years articleship in order to get chartered accountant membership of ICAP.
After achieving all the three task I would become Chartered Accountant and become a member of ICAP and have the legal right to carried on auditing services in Pakistan and could be called as a legal auditor.
My next step after gaining ICAP membership to establish my own auditing and business consultancy firm.
Charted Accountancy
Chartered Accountancy education and training has three stages — the Common Proficiency Test (CPT), the Intermediate Professional Competence Course (IPC) and the final C.A. course. Dedication and hard work is a must to complete the course. The institute provides postal coaching for all the courses.
Chartered Accountancy education and training has three stages — the Common Proficiency Test (CPT), the Intermediate Professional Competence Course (IPC) and the final C.A. course. Dedication and hard work is a must to complete the course. The institute provides postal coaching for all the courses.For CPT, students can enrol with the institute after Std X and take the test after plus two. The test is held twice a year in June and December. The course content comprises Accounting, Mercantile Laws, General Economics and Quantitative Aptitude. It is an objective-type test of 200 marks divided into two sessions of two hours each.
Chartered Accountancy education and training has three stages — the Common Proficiency Test (CPT), the Intermediate Professional Competence Course (IPC) and the final C.A. course. Dedication and hard work is a must to complete the course. The institute provides postal coaching for all the courses.For CPT, students can enrol with the institute after Std X and take the test after plus two. The test is held twice a year in June and December. The course content comprises Accounting, Mercantile Laws, General Economics and Quantitative Aptitude. It is an objective-type test of 200 marks divided into two sessions of two hours each.One is eligible for the IPC exam after nine months of study, after passing CPT. The IPC exam has two groups of seven subjects. On passing Group I, a student can register as an articled assistant for three years under a qualified C.A. The articled training is important for the C.A. course. They are paid a stipend during the training.
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