Is it possible for Chartered Accountants to work for the government?
Yeah, invariably, is the answer to the query. Chartered Accountants will work for the government and earn a decent salary.
Audits are performed, finances and reporting are managed, and taxes, company recovery, and insolvency are all dealt with by government agencies.
Although the rate of entrepreneurship is rising, CAs have the opportunity to jump on board and start their own company. CAs are often requested by a variety of government agencies and departments, so they have a broad range of uses in the public sector.
In a government organization, a CA's responsibilities are as follows:
- Professionals in Public Banks or Regional Rural Banks (RRB)
- Accountants in public organizations
- Treasury Manager in Regional Rural Banks (RRB)
- Chief Manager (Accounts and/or Finance Departments)
- Assistant Administrative Officer (CA)
1. Candidates interested in working for public sector Banks may apply as:
- Financial Analysts
- Branch Manager
- Loans and Advances Head
- Credit Management department
- Auditor
- Posting in Inspection Wings
2. After completing CA, CAs will apply for various positions in NRHM. To do so, they must pass an assessment and/or interview in which their qualifications will be assessed.
GAIL is one of India's most well-known state-owned natural gas refining and distribution firms. It is the strongest company with a variety of chartered accountant positions.
CAs can also work for Metro Rail Corporation LTD, the country's largest metro operator, which is owned and run by the government.
Another government agency where CAs can apply for ministerial positions is the Union Public Service Commission (UPSC). CAs who apply for the positions must pass the exams and then the Personal Interview, after which they will be able to work for the Central Government directly.
The abbreviation CA stands for Chartered Accountant. It is a finance-related technical qualification. The Institute of Charted Accountants of India (ICAI) is the national professional accounting body in India that governs the cost and management accounting profession. A Chartered Accountant is a title granted to an accounting professional who has gained certification from a regulatory body that he or she is
Must Read: How to Register for CA Foundation 2021 and Syllabus
There are three levels in the CA program:
CA Foundation which covers the following
Paper 2: Business Laws and Business Correspondence Reporting
Paper 3: Business Mathematics and Logical Reasoning and Statistics
Paper 4: Business Economics & Business and Commercial knowledge
CA Intermediate which covers the following:
Paper 2 Corporate Laws and Other Laws
Paper 3 Cost and Management Accounting
Paper 4 Taxation
Paper 5 Advanced Accounting
Paper 6 Auditing and Assurance
Paper 7 Enterprise Information System and Strategic Management
Paper 8 Financial Management and Economics for Finance
CA Final covers the following:
Paper 1: Financial Reporting
Paper 2: Strategic Financial Management
Paper 3: Advanced Auditing and Professional Ethics
Paper 4: Corporate and Economic Laws
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