CA in Abroad: Scope in 2024, Eligibility, Opportunities
Let us try to answer the question, “What is Chartered Accountant?” and various aspects of CA in abroad by covering the following points:
- CA Course Details | CA Course Fees
- CA Syllabus
- Eligibility for CA in Abroad
- Colleges to Pursue CA Abroad
- Scope of CA Abroad
Whats is the Role of a Chartered Accountant (CA)?
A certified accountant, CA, plays a vital role in an organisation's financial health and integrity. A Chartered Accountant (CA) is a globally recognised financial expert who works for businesses, governments, or individuals. A CA generally handles audits, taxes, budgets, business strategies, clients and risk analysis. CAs give financial advice to people (their clients) and guide them on how to use their money.
CA Course Details
There are 3 levels of the CA course; these include the CA Foundation Course, the CA Intermediate Course, and the CA Final Course. In addition to these three levels, students must also complete an Articleship of 3 years. After passing 3 levels and completing the articleship, you will become a Chartered Accountant. The overall duration of the CA course is 5 years. Moreover, in order to be eligible for CA course, students must secure at least 50% in their 12th. The following points provide the journey of becoming a Chartered Accountant:
- Registration for CA Foundation Course
- Clearing the CA Foundation Exam
- Registration for CA Intermediate Course
- Clear either or both groups of the Intermediate Exam
- Registration for Practical Training (PT) of 3 years
- Register for CA Final Course once you have passed both groups of the Intermediate Exam
- Complete Advanced ICITSS (4 weeks in duration) in the last 2 years of the Practical Training
- Clear CA Final Exam + Complete Practical Training
Students who have cleared 12th exams are eligible for the CA exam. However, it is usually recommended that the students obtain a degree in commerce with at least 55%. CA Course duration is 5 years with 6 months for the CA Foundation course, 10 months for the CA Intermediate course, 3 years for Articleship (Practical Training), and 8 months for CA Final course.
Predict your IELTS, TOEFL, and PTE in just 4 steps!
Also, Read: MBA in Finance Abroad
CA Syllabus
Now that students are aware of the CA course details after 12th, it is important for them to know the CA syllabus. CA course syllabus primarily consists of taxes, laws, accounting, financial management, and auditing. Let us look at the overview of the CA syllabus for each of its levels.
1) CA Foundation Syllabus
CA Foundation syllabus consists of the following:
- Paper 1 = Principles and Practice of Accounting
- Paper 2 = Business Laws and Business Correspondence and Reporting
- Section A = Business Laws
- Section B = Business Correspondence and Reporting
- Paper 3 = Business Mathematics, Logical Reasoning and Statistics
- Part A = Business Mathematics
- Part B = Logical Reasoning
- Part C = Statistics
- Paper 4 = Business Economics and Business and Commercial Knowledge
- Part I = Business Economics
- Part II = Business and Commercial Knowledge
2) CA Intermediate Syllabus
CA Intermediate syllabus consists of the following:
Group I:
- Paper 1 = Accounting
- Paper 2 = Corporate and Other Laws
- Part I = Company Law
- Part II = Other Laws
- Paper 3 = Cost and Management Accounting
- Paper 4 = Taxation
- Section A = Income Tax Law
- Section B = Indirect Taxes
Group II:
- Paper 5 = Advanced Accounting
- Paper 6 = Auditing and Assurance
- Paper 7 = Enterprise Information Systems and Strategic Management
- Section A = Enterprise Information Systems
- Section B = Strategic Management
- Paper 8 = Financial Management and Economics for Finance
- Section A = Financial Management
- Section B = Economics for Finance
3) CA Final Syllabus
CA Final subjects include the following:
- Paper 1 = Financial Reporting
- Paper 2 = Strategic Financial Management
- Paper 3 = Advanced Auditing and Professional Ethics
- Paper 4 = Corporate and Economic Laws
- Part I = Corporate Laws
- Part II = Economic Laws
- Paper 5 = Strategic Cost Management and Performance Evaluation
- Part A = Strategic Cost Management and Decision Making
- Part B = Performance Evaluation and Control
- Part C = Case Study
- Paper 6 A = Risk Management
- Paper 6 B = Financial Service and Capital Markets
- Paper 6 C = International Taxation
- Part I = Taxation of International Transactions and Non-resident Taxation in India
- Part II = Other Aspects of International Taxation
- Paper 6 D = Economic Laws
- Paper 6 E = Global Financial Reporting Standards
- Paper 6 F = Multidisciplinary Case Study
- Paper 7 = Direct Tax Laws and International Taxation
- Paper 8 = Indirect Tax Laws
- Part I = Goods and Services Tax
- Part II = Customs & FTP
Eligibility for CA in Abroad
Let us understand some vital aspects of CA abroad. Students who have completed 12th are eligible for the Chartered Accountancy exam. Usually, it is suggested that the students obtain a degree in commerce with at least 55%.
ACCA (Association of Chartered Certified Accountants) is an international body for professional accountants and is responsible for providing the ACCA Qualification, which is a testament to a candidate’s knowledge of finance. Here are some highlights of ACCA:
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- It has 241,000 members and 542,000 future members.
- Its members are spread across 178 countries.
- It has 17 joint exam partnerships with national accountancy bodies.
- It has 98 global partnerships with accountancy bodies, universities and international donor communities.
Once a student has gained the ACCA qualification, he/she can practice CA in abroad. Here are the requirements to achieve the ACCA qualification:
- Class XII = At least 5 subjects in Class XII. English, Mathematics, and Accountancy are compulsory with at least 65% in 2 subjects and more than 50% in others.
- Qualify in 13 exams.
- Finish the Ethics and Professional Skills module
- 3 years of practical work experience.
Also, Read: Diploma in Finance Abroad
Colleges to Pursue CA Abroad
The best countries to pursue CA abroad include the USA, the UK, Australia, New Zealand, etc. Here are some of the best colleges to pursue CA in abroad:
- AICPA & CIMA: American Institute of CPAs (AICPA) and The Chartered Institute of Management Accountants (CIMA) – They are connected to 689,000 members, students and professionals who span across 196 countries.
- CPA Canada: Chartered Professional Accountants Canada – They have an MoU with the Institute of Chartered Accountants of India (ICAI), which can help a CA obtain an advanced setting in the CPA certification programme. The erstwhile CICA is now a part of CPA Canada.
- ICAS: The Institute of Chartered Accountants of Scotland
- CA ANZ: Chartered Accountants Australia & New Zealand (CA ANZ) – It has more than 134,000 members.
- ICAEW: The Institute of Chartered Accountants in England and Wales has more than 150,000 members.
- Edith Cowan University, Australia: Its Accounting major is accredited by Chartered Accountants Australia and New Zealand (CA ANZ).
- Lincoln University, New Zealand: It offers a Master of Professional Accounting (CPA) course.
- Bangor University, UK: Courses offered by Grwp Llandrillo Menai (GLLM) are accredited by ACCA (Association of Certified Chartered Accountants).
Scope of CA Abroad
Depending on the nation and the state of the local labour market, the scope of Chartered Accountants abroad may differ internationally. The scope of CA in abroad can depend on various factors. Here are some points that will help you understand the scope of CA abroad:
- Chartered accountants are in high demand throughout numerous nations. They may be able to get employment with accounting firms, investment banks, consulting firms, and other businesses.
- The Middle East considers Indian chartered accountants for finance and accounting positions and the job profile is comparable to that in India.
- Indian CAs may go on to pursue CPA/CPA, ACCA, CMA, etc. abroad.
Developing cultural sensitivity and overseas experience can be quite beneficial for an accounting or finance job. Working overseas may make it simpler for chartered accountants to grow in their careers and acquire a variety of experiences that will be useful in their future professional endeavours.
Now that students have an idea of CA in abroad and various aspects of CA course in abroad, they can take an informed decision. For help with university applications, students seeking to study abroad can contact our Shiksha Study Abroad Counsellors. The comments section below allows candidates to contact us as well.
Also, Read:
MBA Abroad | BBA Abroad | MIM Abroad |
MBA in Accounting Abroad | Diploma in Accounting Abroad | MS in Finance Abroad |
Q: How can I get admission in the University of Manchester?
The application process at the University of Manchester may vary depending on the course and level of study. However, here is the application process for UG and PG courses:
The Undergraduate Application Process:
Step 1: You can apply through the UCAS common application portal.
Step 2: Go to the website and select the course you are interested in.
Step 3: Ensure you meet the Entry requirements (Academic qualifications, English proficiency, etc.
Step 4: Once you decide on the course, submit documents such as SOP, Transcripts and personal statements.
Check out: tips to improve your SOP.
Step 5: You can track the application's progress through your given credentials by UCAS.
Step 6: Once the applicant submits the application to UCAS, it forwards to the University, and the admission teams carefully analyse the application document.
Step 7: The university will send you an offer letter once selected. Hence keep checking your UCAS portal for your application status.
The Postgraduate application process:
Step 1: Select the postgraduate course you are interested in from the University of Manchester.\
Step 2: Ensure you meet the entry requirements for the chosen program, as they vary depending on the course.
Step 3: Complete the online application by providing your personal information.
Step 4: Upload the required documents, such as Academic transcripts and proof of English language proficiency ( TOEFL/ IELTS). experience in your fields and references (depending on the course). You also may require Two LORs depending on the course.
To make your admission better, check out the following: How Admission Officers Evaluate your application.
Step 5: If your application is successful, you will receive an offer from the University of Manchester.
Q: Is university of West of Scotland good for international students?
The University of the West of Scotland has five modern and diverse campuses in United Kingdom. The University has welcomed more than 3,000 international students which are representing 1/3 of the globe. They also have 130 European partners who are actively in global study and exchange options through the Commonwealth universities programmes. The University also offers study abroad opportunities for UWS who are eligible for the same and also have more than 20 transnational education partners worldwide which helps them deliver UWS Bachelors and Masters Degrees around the world.
Q: What is University of Wales, Trinity Saint famous for?
University of Wales, Trinity Saint (UWTSD) was founded in 2010, is a public institution for higher education and research at multiple locations. It was set up under the 1828 royal charter of Lampeter, the institution was the result of the merger between Trinity University College and the University of Wales. The institution merged with the Swansea Metropolitan University in 2013.
- Top Ranked University: The UWTSD is not ranked by any major ranking body, however as per the university ranking given on the official website of the university, it is ranked among:
- #1st in Wales and UK Top 5 Film Production and Photography
- #1st in Wales and UK Top 5 Fashion and Textiles
- #1st in Wales and UK Top 20 Graphic Design
- #1st in Wales and UK Top 5 Education
- #1st in Wales and UK Top 20 Sports Science
- #1st in Wales and UK Top 20 Mechanical Engineering
- #1st in Wales for Fine Arts
- Variety of Courses: UWTSD offers more than 300 programs at various levels including undergraduate, postgraduate degrees as well as multiple online courses.
- Highly distinguished and learned faculties: the faculty at UWTSD is highly learned and distinguished which enables students to be the best in their field of study.
- High Placements: According to Graduate Outcome data 2019-2020 quoted by the UWTSD, more than 95% of its graduates were found to be employed within 15 Months of graduation. The average salary of a graduate is not explicitly released by UWTSD, however, as per some unofficial sources the average salary of the graduates of UWTSD is approximately INR 30-35L. with the highest salary being reported as high as INR 66.5L for jobs in Financial Services.
Q: What rank is Wolverhampton University in UK?
The University of Wolverhampton is one of the best universities in the United Kingdom. The university is consistently ranked among the best universities nationally and globally. For nearly 200 years, the University of Wolverhampton has been consistently providing a quality of education to students and producing highly skilled graduates. The national rankings of the University of Wolverhampton are given below:
Ranking Body | Ranking |
---|---|
The Guardian University Guide 2024 | #101 |
The Complete University Guide 2024 | #117 |
Q: Does the University of Essex require IELTS?
International students whose native language is not English must meet the University of Essex English language requirements to get admission. The university accepts IELTS scores as proof of English language proficiency. Mentioned below are the IELTS scores required for UG and PG admission at the university:
English Language Test | Score |
---|---|
IELTS | Overall score of 5.5 to 8.0 with minimum of 5.5 to 7.5 in each section |
The university also accepts the score of other English language tests such as TOEFL and PTE for admission to undergraduate and graduate programs:
English Language Test | Score |
TOEFL iBT | Overall score of 72 to 114 |
PTE | Overall score of 59 to 84 with minimum of 59 to 80 in each section |
Also read: Required IELTS Score for UK Universities
Q: Why indian students choose to study at Hult International Business School - UK?
Indian students choose to study at Hult International Business School in the UK for several reasons, including its highly ranked programs, global outlook, and career support. Hult offers a range of full-time master’s degrees, immersive bachelor's programs, and MBA options that prepare students to excel in the global job market. The school is the largest and top-ranked global business school, providing students with an incomparable universal outlook. Additionally, Hult's focus on experiential learning, extensive career support, and the opportunity to study at multiple campuses around the world are attractive to Indian students seeking a global business education. Furthermore, the school's emphasis on innovation and meeting the needs of students and employers may also contribute to its appeal to Indian students
Q: How to prepare for UK 10th board exam 2025?
Those who are preparing for the UK Class 10 exam 2025 are recommended to follow the tips below.
- Know the exam pattern
- Make a proper time table as per the syllabus
- Solve previous year question papers
- Make short notes of important formulas and theorems
- Revise regularly
- Figure out weaker areas and learn them well
With proper planning and hard work, students can easily clear the UK 10th board exam.
Q: How to download UK Board 12th date sheet 2024?
Following are the steps to download the UK 12th date sheet 2024.
- Open the Uttarakhand Board's official website at ubse.uk.gov.in
- Click on 'Examination Scheme' available on the homepage
- A new window will appear on the screen containing a link of the UK Board 12th date sheet 2024
- Click the link and download the Uttarakhand 12th date sheet 2024
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