Opportunities for ICAI Members
Globalization has had a positive impact and opened new avenues for the country to establish its distinctive position in the knowledge world. The accelerated economic growth within the country has also increased the demand for skilled and competent human resources. The global accountancy profession has been particularly conscious of this need and has been working towards the integration of knowledge and skills to develop competent chartered accountants to keep pace with the growing demands of the knowledge economy.
Chartered Accountancy is a challenging career at the cutting edge of the trade, industry, and economic growth. The best way for a chartered accountant to leverage knowledge economy is to imbibe its traits - innovation, dynamism, and change management is the most significant. It is also critical for them to keep a tab on technological developments. Finally, they should be able to "MAP the GAP" by integrating their knowledge with the requisite professional skills and values to evolve as competent chartered accountants. No wonder that the Chartered Accountancy is a high-status profession and a passport to a challenging and rewarding career in industry and commerce. Chartered Accountants possess abilities necessary for deciding and acting upon the high-pressure situations.
Chartered Accountancy is a profession that imparts the best of technical skills in accounting, auditing, taxation, financial, and management areas. Chartered Accountants today, have occupied top management positions in public as well as private sectors. They also render professional and consultancy/advisory services in the areas of financial reporting and auditing, taxation, finance, and management accounting.
The society has increasingly recognized the services of CAs in the entire gamut of financial reporting and management consultancy including management accounting, management information and control systems, international finance, information technology, and financial services sector. CAs today are part of the top management team and hold key positions in the corporate sector. Even in the government, they occupy prominent positions. Rapid changes taking place in the economy have further opened up new vistas of opportunities for the Chartered Accountants. On becoming a Chartered Accountant, you have many options for pursuing a challenging and rewarding career.
In this Scheme, the chartered accountant will be equipped not only with the technical competence, professional skills and professional values but also with ethics and attitudes in order to gear up to take on new roles. The emerging CAs would be able to help industry and small businesses in understanding the nuances and the compliances under the new regime thereby facilitating ease of doing business. CAs would now be able to play a significant role in helping businesses avert risks thereby facilitating the businesses to contribute towards make in India and nation-building.