About #Chartered #Accountancy #CA #Profession Part 05

Summary

The video explains the journey to becoming a Chartered Accountant (CA) in Bangladesh. It discusses the eligibility criteria, emphasizing that individuals from any background—Science, Arts, or Commerce—can pursue CA, though a graduation degree is recommended. The process involves completing three levels of exams: Certificate, Professional, and Advanced. Students must also complete an Articleship for practical training. The video highlights the challenges, including balancing work and study, and the importance of practical experience. Ultimately, it provides a clear roadmap for those interested in pursuing a CA certification.

Takeaways

• 😀 CA can be pursued by students from any academic background (science, arts, or commerce).
• 😀 There is no restriction to coming from a commerce background to study CA.
• 😀 Students with a commerce background may have an advantage due to their prior knowledge of accounting.
• 😀 It's better to have at least a graduation degree before attempting the more advanced levels of CA.
• 😀 It is possible to pursue CA after completing HSC or A-levels, but it can be challenging without a graduation degree.
• 😀 Pre-articleship is now available, allowing students to start CA while still in university.
• 😀 Many universities have partnerships with the Institute of Chartered Accountants (ICAB) that offer course exemptions for students.
• 😀 After completing the Certificate Level, students must register for articleship with a firm to continue their CA journey.
• 😀 The CA journey involves attending classes for three levels: Certificate, Professional, and Advanced.
• 😀 Exams are held multiple times a year for each level: Certificate Level (four times), and Professional & Advanced Levels (three times).
• 😀 Balancing work and study is challenging; students need to dedicate weekends for focused study and may have to sacrifice social activities.

Q & A

What backgrounds are eligible for pursuing CA?

There is no specific requirement for a background to pursue CA. Students from any discipline (Science, Arts, or Commerce) can join the CA program. However, students with a commerce background may have an advantage due to their prior knowledge of accounting-related subjects.

Is it necessary to have a commerce background to pursue CA?

No, it is not necessary. CA can be pursued by students from any background. While students from a commerce background may have an advantage, those from other disciplines like Political Science or Mathematics can also successfully complete the program.

Is it advisable to start CA after completing SSC or HSC?

Although it is possible to start CA after completing SSC or HSC, it is generally recommended to complete at least a graduation (such as BBA or B.Com) before pursuing the higher levels of CA. The second and final levels of CA are quite challenging and require a solid academic foundation.

What are the levels in the CA program?

The CA program consists of three levels: Certificate Level, Professional Level, and Advanced Level. Each level involves different stages of learning and examinations.

Can students join the CA program while still in university?

Yes, students can join the CA program while still in university. Through the Pre-Articledship initiative, students can complete their Certificate Level during their BBA or Honors degree program, which allows for a more flexible and earlier start.

What is Pre-Articledship and how does it benefit students?

Pre-Articledship allows students to begin their CA program and complete their Certificate Level while still pursuing their university degree. It offers benefits such as course exemptions and the ability to start the CA process early, providing a smoother transition into professional training.

What role does Articledship play in becoming a Chartered Accountant?

Articledship is an essential part of the CA program. After completing the Certificate Level, students must join a CA firm and undergo practical training under the supervision of a principal. This experience is required before moving on to the Professional and Advanced Levels.

How challenging is the CA program, especially the Professional and Advanced Levels?

The CA program, particularly at the Professional and Advanced Levels, is quite challenging. It involves real-life case-based exams that require critical thinking and decision-making skills. Practical experience gained during Articledship is crucial for successfully passing these stages.

What is the importance of time management for CA students?

Time management is crucial for CA students, as they need to balance working at a firm during the day and attending classes in the evenings. Weekends are also essential for intensive study and exam preparation, so students must manage their time effectively to succeed.

How often are exams held for the different levels of CA?

Exams for the CA program are held multiple times a year. For the Certificate Level, exams are conducted four times a year. For the Professional and Advanced Levels, exams are held three times a year. Students need to clear the exams at each level to progress in the program.