Becoming a chartered accountant means that you have professional knowledge of all the accounting and financial concepts including income tax and other taxation matters. To get a better career or to get into different area like company law or costing, you are required to get some additional courses to prove your specialization. Additional course will have a benefit to prove that you can get into other areas apart from accounting and taxation.
CS – Company Secretary
Institute of company secretaries of India awards the certificate of company secretary in India after passing out its final examination. Having a qualification from ICSI along with your chartered accountant designation will prove that you are professionally qualified to handle various corporate law matters along with accounting and taxation.
Even though a chartered accountant cannot practice both CA and CS, the qualification will give extra value to him or her career in job market. If you are pursuing articleship then we suggest you to pursue either CS or CMA along with CA as any one course is allowed along with Chartered Accountancy.
CMA – Cost Accountants
CMA is awarded by Institute of cost accountants of India. Having a qualification from Institute of cost accountants of India will prove that you are professionally qualified to handle various costing matters. You can also pursue CMA along with CA course with a written permission from the CA institute.
CFA – Chartered Financial Analyst
If you want to have a career as a financial analyst then CFA is a best course for you. The chartered financial analyst (CFA) is the only course which has been recognized as a respected designation in investment world. CFA institute is located in USA and have branches all over the world. You can join the course and start clearing levels along with your job. CFA along with charted accountant designation can help you to get investment or stock market analyst jobs.
CISA – Certified information system auditor
CISA is a globally recognized designation which will be designated after passing out the certification program of ISACA. CISA designation will showcase your knowledge on IS audit and experience on handling vulnerabilities. You can pursue CISA along with your CA or JOB.
ACCA or CIMA
If you are planning to have one more additional international course along with CA which has equal value in UK, Europe and gulf countries then we suggest you go forACCA or CIMA. Both of them have international recognition and you can get a foreign offer easily.
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