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AVENUES OF WORK FOR CHARTERED ACCOUNTANTS IN SERVICE- BOTH IN INDIA AND ABROAD
   

Various opportunities available for Chartered Accountants in service are as follows:

 

1. Government departments
Government departments (in both Central and State Governments) provide an important area of employment to the members. They can be employed to assist in accounting, budget planning, Drafting and implementing various schemes, computerization of records, etc.

 

2. Co-operative sector
Within the economic framework of the Country, co-operative movement plays a very important role. The co-operative sector in the Country has, since the initial co-operative movement, grown in size and expanse.

As far as the banking industry is concerned, co-operative banks have played and are continuing to play a seminal role in reaching out to villages and the poorer sections of the population, and in micro-financing of tiny and cottage industry sector projects.

Chartered Accountants can be appointed in the top / middle level management in the co-operative banks, regional rural banks, multi state co-operative societies and state co-operative societies and can serve the co-operative sector.

 

3. Not-for-profit organization (NPO)
A not-for-profit organization (NPO) is an organization whose primary objective is to support an issue or matter of private interest or public concern, without concern for monetary profit. It  may be involved in a areas relating to the arts, social concerns, charity, education, healthcare, politics, religion, research, sports or some other endeavor.
Right from conceptualising the NGO, chartered accountants have several opportunities in this sector. They range to

          • Proposal formulation
          • Execution of the project
          • Monitoring of the project
          • Assessing the capacity building needs
          • Compliances of various regulations
          • Governance

4. University/research bodies
Chartered Accountants can serve as professors / readers / lecturers in university/colleges. They can also be appointed as research associates in accountancy / financial/ economical research bodies.

 

5. Public sector
In the public sector, the opportunities envisaged for employment are considerable. Banks, financial institutions and insurance companies have a large intake of members.

 

6. Private sector
In the private sector Chartered Accountants can render their services in companies, banks including foreign banks and multi- national banks, non-banking finance companies, non-corporate business houses, as well as companies in the service industry.

 

7. Global organizations With the growth in international trade, several global organizations will look for professionals who understand the nuances of international finance, international capital markets and risk management.

 

8. Large Accounting firms and consulting services
A chartered accountant may choose to join an existing firm. Besides, chartered accountants can practice and hold executive positions in companies that are exclusively into consultancy services.

 
 
 
 
 
 
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