Accounting & Commerce

ACCA have a good scope in the present as well as future. It provides job opportunities in the following sectors:- Financial Services, Industry/Commerce and Public Sector in which Professionals can also work for Education & Health departments, Local government organizations & Non-Profit Organizations. The main advantage is that ACCA has global accountancy partnerships. Therefore It delivers value to accountants around the world. This course contains the following subjects:Financial Accounting, Management Accounting, Financial Reporting, Taxation, Company Law, Audit, Assurance & Financial Management. Following completion of up to 14 professional examinations and three years of supervised, relevant accountancy experience, it enables an individual to become a Chartered Certified Accountant. For entry to ACCAs qualification, you should have completed 18 years of age and qualified the 10+2 exams with an aggregate of 65% in Mathematics/Accounts and English and a minimum of 50%in other subjects. The ACCA professional examinations are offered worldwide twice yearly, in June and December.

The CA (Chartered Accountant) is one of the respectful and challenging career fields. CA is a good option for higher education in India. It is governed by ICAI and It takes 5 years to complete the CA course. The ICAI has launched the three level of this course: 1. Foundation 2. Intermediate 3. Final
The foundation is the entry-level foundation course involves the quantitative aptitude test, general economics, mercantile laws and accounting. The students who had cleared their plus two examination can go for the foundation level test conducted by the ICAI
The Intermediate has two groups. It covers the working knowledge of the core subjects. It is specially designed to improve the knowledge of accounting standards. After passing the group 1st or both Groups of Intermediate, the students have to undergo the on-job training period of 3 years called articleship with an audit or accounts firm. After completion of the articleship, the student can appear the final course. The CA final course covers the advanced knowledge of financial reporting, management accounting, strategic financial management, professional ethics, Direct Taxation as well as Indirect Taxation (GST) and advanced auditing. After the completion of this course you can go for the works as auditing, cost accounting, tax management, management accounting, consultancy and financial works in an industry.