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Take A QuizCareer Talk Work & Career 2 years ago
Posted on 16 Aug 2022, this text provides information on Work & Career related to Career Talk. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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manpreet
Best Answer
2 years ago
If you talk to various Chartered Accountants (CA), you will get different opinions on question like, "Which is more difficult to qualify as a CA or surviving as a CA after completing the course." However, you will find a common answer to this question that CA is one of the most difficult professional qualifications in India, because the passing rate of CA examination is traditionally very low. There are multiple aspirants, who leave CA mid-way, because of high rate of failure in CA examination. Therefore, we can say that clearing CA examination is tough. Indian financial rules and regulations, in term of financial reporting, taxation, auditing, forensic accounting, corporate finance, business recovery and insolvency are constantly changing due to Government policies which leads to frequent changes in accounting systems and processes. Therefore, in order to professionally survive a CA has to constantly upgrade his knowledge and skills to meet customer’s expectation. In addition to survive in competitive environment, a CA has to create its unique selling proposition. Survival in industry also requires constant effort.