Accounting is considered as the language of business. It is a science as well as art of measuring the result of an organization\'s economic activities. The information is then conveyed to investors, creditors, management and regulators. Further accounting is divided into management accounting,audit,finance.\n
Accounting is considered as the language of business. It is a science as well as art
of measuring the result of an organization's economic activities. The information is
then conveyed to investors, creditors, management and regulators. The subject of
Accountancy can be further classified into several fields such as financial
accounting, management accounting, auditing and tax accounting.
Out of the three academic streams, commerce seems to be the most desired field of
subject. Rapid industrialization has given birth to a huge number of opportunities
for commerce graduates. Accounting, however still remains the favourite profession
for students with commerce background.
While pursuing accounting as a career option, a student comes across various
professional qualifications such as Chartered Accountancy (CA), Cost and Works
Accountancy (CWA/CMA) and Company Secretary (CS).
The duration of this course is 5 years. A student needs to appear for the Common
Proficiency Test (CPT), which is a pre-requisite to pursue CA. A student becomes
eligible to sit for the exam after appearing for the standard XII examination. After
successfully clearing 12th standard as well as CPT, the student can register for
Integrated Professional Competence Course (IPCC) with Institute of Chartered
Accountants (ICAI). The next step after clearing IPCC (Group-I and Group-II) is
to apply for CA Final and start article-ship, in order to gain exposure and
experience in accountancy.
In order to become a Cost and Management Account, a student needs to appear for
an examination conducted by ICWAI. Just like CPT, examinations are held twice
in a year (in June and in December). The eligibility to appear for examination also
remains the same. However unlike CA, which gives full-fledged accounting
qualification, CWA only provides a platform for cost and management accounting.
Just like CA, a student undergoes three stages to become Company Secretary. The
examination for CS is held by the Institute of Company Secretaries of India (ICSI)
and can be taken by any student after clearing 12th standard. Although, the course
comprises three stages: foundation, executive and professional, a graduate (in any
discipline except fine arts) will have to complete only the last two levels.
The rapid industrialization and trade expansion in India has made accounting jobs
a hot property in the country. From Kolkata to Ahmedabad, from Gurgaon to
Hyderabad, from Chennai to Pune, all the cities see vacancies in accountancy round
Interestingly, Pune, which is one of the fastest growing cities in the Asia-Pacific
region, attracts a lot of aspiring accountants in search of a job.
There are thousands of opportunities for
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in Pune. Online job portals