Why i choose Chartered Accountancy as a Career?

This blog is continuous post of a series, where i talk about my career and academic life. In case you missed previous one, do read by clicking here. 

Introduction
I already shared my reason for taking Commerce after 10th. During 11th and 12th, i took tuition classes 1st time. This was because in our school, we had two months summer vacation, whole may and june. After 10th exams, on 1st april 2018 i finalized and moved to Darbhanga, Bihar for 3 months fast-track coaching. Till end of june, we group of 5-6 students have good basic understanding of accounts and business studies. In 12th also we did same thing from same place, but only two months. These basic building class was quite beneficial for us. Somehow studying average in school days, I managed to pass high school with higher marks. 

I heard about CA course from beginning only, that many Commerce students opt this course in early career and very less could completely exit from it by qualifying. Apart from CA, there is CS and CMA too, which is also a big choice. 

How i make me to CA?
I have no family background of business, also none of my siblings were taken commerce during their time. After looking my high school marks, many close ones influenced me to join this course. Parents always have example of many known persons and duur ka relatives, who did CA and currently earning well. 
One of my cousin brother ( too younger than me, having approx 16yr working experience ) motivated me with real industry examples, and assured full support and guidance during the journey. That was a big kick to start it, so i enrolled with Institute of Chartered Accountants of India ( ICAI ). 

My current views about this course?
After spending three years between various finance accounts and management subjects, i find myself in the position to present my views. 
The length and coverage of each paper, the whole curriculum is designed in such a way that you gets vast knowledge of many fields. Unlike school and college exams, where you could get easily pass without having any knowledge of any subjects, here you will need 70-80% deep knowledge of every subject, with writing and presentation skils to pass the course. 
This course is totally complete in its own. It doesn't require any further certifications to do more better. 

What makes it different and unique?
The entire country, or world or everything needs finance to survive. Finance is the blood of whole economy. 
What you study in this course, that things you will exactly do in your professional life too. 

Here subjects like Accounting ( from basic business accounting to corporate and international branch and merger, amalgamation, liquidation everything then financial reporting, many Indian and global standards which governs everything), Taxation ( Income Tax, GST, Customs ), Cost Accounting, Management Accounting, Corporate and economic laws ( companies act, partnership/ limited liability partnership act, foreign exchange management act, contract act, and many other laws ) Auditing and Ethics, Strategic Management, Financial Management, Risk Management and many others..
Having knowledge of all these things is Fully complete in itself. It opens door for any individual from getting placed in any company in India or abroad, and to start own business and firm of such advisory and consulting services. 
Studying other decipline is fine, but anyone who is desirous yo do own business, will always need someone who have knowledge and understanding of above mentioned subjects. 

One best thing in this course is before attempting final papers, that is in between of course, one have to do compulsorily 2 years practical training. Where one can learn practical aspects of all these topics, and get on the job training and experience. 

Key qualitative characters that your personality gets?
Studying continuously days and weeks gives you Discipline. One the job training gives you good Communication and Presentation skills. Failures in between, taking care kf huge syllabus, getting partial success decorates your character with more Patience and Perseverance. 
Fast reading and understanding skills, good writing skills - everyone can get easily. 

What about future? 
Becoming everything technology driven doens't limits the scope of CA but it makes new door open too. ICAI also introduced new subjects in course like AI and data analytics tools. 

New tools will help in more early detection of fraud and errors, which will result in more faithful and errorfree presentation of records and facts. Advisory and consulting jobs will get new boost when both human intelligence and artificial intelligence collectively work. 

Change is the only constant thing in world. You have always be adaptive towards changes, as early you adapt, it will be more beneficial क्योंकि जो तटस्थ है, समय लिखेगा उनका भी अपराध। 

Conclusion

Anyone desirous to opt this course should choose it. No matter what is your educational background, many engineers are getting rank in CA exams and many B.com grads are struggling to pass. Only thing is you have interest in such topics and fields, you love to read finance accounts and taxation content, then it is for you. 

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