Is C.A. really a profitable scope

Is C.A. really a profitable scope??? What are the scopes available for the economic & social students………..

CA is really a profitable course, once you become CA, then your single signature matters a lot. CA needs more hard work when compared to Engineering or other fields.

All companies have its own C.A. for auditing the accounts of their company CA plays a vital role in the smooth functioning of any company.

You can earn 50,000 to 80,000 rs. per month depending on the company.

You really have to study hard as the syllabus of CA is very Wide and cover almost everything in the field of Accounts, Audit, commercial law, Financial Reporting, etc. after becoming a CA you can join any industry or even start your own practice.

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Answered By StudyChaCha Member

hii sir, please tell me is it profitable to do CA ? please provide me the scope of the CA ?

Yes, it is good to do CA. As per my knowledge the 90% of Employees are CA in a Business Organizations. . Moreover budgeting, financial planning, taxation and above all costing exercises which are taken up the CA's will never loose their sheen and every business, small or big, will require the services of CA to file their tax returns and comply with tax laws in vogue.

Scope of CA:
They can apply for job at an existing firm of Chartered Accountants.
They can offer their services in the field of capital market.

A qualified Chartered Accountant can join the Government Service, Public Sector or even in the Private Sector.

Institute of CA of India is also well recognized abroad like in England, Wales and Australia so one can even practice in these countries as well.

It is not necessary that a CA has to work only on number crunching and excel sheets. A CA employed with a firm can also contribute towards decision making and enhancement of profits for the firm.

Pay scale:
According to TN Manoharan, former ICAI president, for 50 years till 1999, the number of women CA’s in country was 8%. In the past decade, the numbers grew phenomenally, and women constituted 16% of the nearly 1,70,000 CAs in India. "

In short it is a globally recognized course and ones you cleared the examination you may be work on the highly profile companies.

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Answered By StudyChaCha Member