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Kisalay Commerce Classes > Blog > Commerce Coaching > CA In Abroad: How to Study, Scope and Opportunities (2021)
Commerce Coaching

CA In Abroad: How to Study, Scope and Opportunities (2021)

kisalay By kisalay Last updated: September 9, 2022 8 Min Read
Best CA Institute in Allahabad
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Best CA Institute in Allahabad

Many students in the field of CA (chartered accountancy) are looking forward to working in foreign countries like UAE and UK. They seek their parent’s advice about how to go abroad, what to study, and things like that; we will discuss all these aspects in this article to make students aware of the opportunities available for them. If you want to prepare your CA program in India, you can join the Best CA Institute in Allahabad known as Kisalay Commerce Classes. They offer offline and online classes for aspirants across the nation and other parts of the world.

What do you mean by ‘working as a CA

CA is also known as chartered accountancy or public accountant, which means someone who is licensed by ICAI (Institute of Chartered Accountants of India), ICWAI (Institute of Cost and Works Accountants of India), and so on after clearing one or more than one examination conducted by various agencies under laws declared by the Indian government.

CA has to keep accounts of organizations, individuals etc. and often act as an expert in financial matters like taxation, management of companies etc.

At Kisalay Commerce Classes, we are providing the best lessons and guidance. We are the Best CA Institute in Allahabad for your commerce need.

Why should I go abroad?

The opportunities for CA study are plenty in India but there is always a scope for learning more about the field; further the employment outlook is equally good in India as it is outside; however, there is no harm working abroad. You have many reasons for finding jobs overseas – your relative lives there or any other reason. If you have decided, let us discuss how to do so easily.

How to find out jobs abroad?

There are primarily three ways through which you can find out about foreign companies looking for accountants:

Through Internet – The simplest way is to browse the Internet and see if any international company is in need of chartered accountants.

Through Parents – Your parents may know some companies abroad looking for accountants, so ask them about it.

Through Agents/Firms – There are many such firms that find out jobs in foreign countries and inform people interested; you can also approach such an agency.

What is Courses offered by ICAI?
You can go through the summary given below:
Foundation course is a pre requisite for appearing in Intermediate (IPCC) and Final (FCE) Examinations. After acquiring this qualification, one can appear in IPCC examination which leads to becoming an Associate member of ICAI. This associate membership is granted for a period of five years. After the completion of these five years, he/she can appear in FCE examination to become a Fellow member of ICAI which signifies that you are approved as a professional accountant.
It is to be noted that there are no pre-requisite qualifications other than 10+2 to join CA Intermediate course. Foundation course is only an add-on course and it can be done along with IPCC or any other professional course like BBA, MBA etc., while still continuing the main course simultaneously.
The duration of foundation course is one year and candidates have to pass all subjects in order to get through the exam conducted by ICAI each year. The result will contain one positive factor i.e., either pass or fail.

For IPCC i.e., for becoming a Certified member of ICAI, a candidate has to clear all papers in one attempt and should perform well in the entire course. There is negative marking as well so be careful while you are solving question papers!
So, if you are looking for the Best Institute for Commerce in India to prepare for CA foundation course, you can reach out to Kisalay Commerce classes in Allahabad. We are providing online and offline coaching.
It is important to note here that FCE examination consists of only 4 subjects out of which three compulsory subjects have been mentioned above and as such, there will not be much weightage given to Essay/Communication skills as well as professional practice – accounts and financial management etc.

The exam conducted by ICAI is being conducted throughout India simultaneously on the specified date at various centers set up for this purpose. The result of FCE containing marks scored by the candidate in each paper is announced after one month of the exam.

The professional practice module gives you knowledge about how to maintain book-keeping records for organizations, preparing different types of chart of accounts, restrictions under which various companies are operating, allowances given by government to employees etc while accounts and financial management module will give you knowledge about taxation laws, auditing procedures etc.

Professional ethics and communication skills (PECS) course helps students improving their writing, speaking and presentation skills; it also contains study material regarding professional ethics. This subject is not there in FCE examination but is only an add-on course like foundation course which can be opted along with any other course like IPCC or professional degree courses like BBA/MBA etc.
After clearing the IPCC examination, you can either become a public accountant or corporate accountant or an individual practicing as a chartered accountant.

Scope of C.A. in Abroad:

When it comes to scope of becoming a CA, it is an immense one! You may be interested in working for any company – big or small; your salary will depend upon that company and your designation/job profile given by that company there. In other words, if you are looking forward to work in foreign countries after qualifying as a CA i.e., having membership from ICAI here or ICWA there, then there is tremendous scope for you because this profession is being recognized all over the world and so demand for accountants is increasing day by day.
And as far as opportunities are concerned, there is not even a single place where you cannot work because of this qualification! It is like holding a golden key and opening the doors of success for you everywhere. So, if you are hunting down for the Best Institute for Commerce in India, Join Kisalay Commerce classes today.

So, just try it out!

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