Chartered accountancy in on-demand and rewarding career options in India. This course provides an international accounting designation to accounting professionals around the world. The misconceptions are also prevailing about this profession. The candidates should know about the facts related to it before getting diverted by different myths. Here are some of the misconceptions and the facts related to this field.
· Chartered accountancy is only for commerce stream students. This is one of the biggest misconceptions related to this field. The fact is that anyone can enroll in a chartered accountancy course. Chartered accountancy can be done by any student no matter which stream he/she belongs to. They have to prepare and qualify for all three levels of the CA program. Student belonging to commerce stream gets an advantage over others as they know the basics and know more about the syllabus for exams. One who has completed 10+2 or has registered themselves with ICAI can enroll for the foundation level exam of CA. The candidates can simultaneously apply for an intermediate level program that is the second level for the CA examination while pursuing their graduation. Many of you might have thought that graduation is a must for CA and that is not true.
· CA is just not whole about the math. There is a popular myth that CA is all about math. Though maths is one of the important subjects related to CA examinations one should consider other subjects and skills too. Finance, technical abilities, understanding of business - are some other major subjects that you should be good at for cracking the exams.
· Most believed that CA is one of the difficult course to crack in India. This misconception can de-motivate or discourage you. The fact is that a scheduled preparation with constant hard work and a good understanding of the course can give good result and helps you in achieving your dream to become a reputed Chartered Accountant.
· Apart from these examination facts of Chartered accountancy know this interesting fact that there is no reservation in ICAI (The Institute of Chartered Accountants of India) - world’s second-largest accounting body for students. This provides a great opportunity of equality to everyone, even there is no age the bar for students.
As we all know that nothing comes free, there are misconceptions that can divert your mind or might discourage you but know the fact that consistency is a key to success, your constant hard work and determination towards your dream will help you to achieve success. Have clarity in your thoughts towards the myths related to Chartered accountancy course if you are choosing it as your career path and become familiar with its fact that is going to help you a lot in clearing the path and achieving a reputed accounting designation.