After clearing CA Final exams you become a member of Institute of Chartered Accountants in India (ICAI). Now you can use the CA prefix in your name.
As you are a chartered accountant, you have almost all the choice on earth when it comes to a choice for a job. Remember there is not a single company or industry where CAs are not required.
Basically there are three types of opportunities you can explore a) Practice CA, b) Entrepreneurship or c) Join any CA firm.
If you wish to do practice as a CA you can do the followings
Doing practice as an individual or as sole proprietor is an outdated concept these days, because of intense competition, pressure from clients. Hence it is advisable to start a partnership firm with a minimum four chartered accountants. You can also start a LLP firm in accordance with LLP act 2008.
Chartered Accountants can enter into practice with
Starting consultancy firm/becoming partner of big audit
Owning or partnering in a big audit firm is a challenging task. In order to become a partner in an audit firm you need to start as an employee in that firm. Gradually you will attain various positions in the firm like from manager to senior manager to associate director and thereafter become partner.
Job in a CA firm
A Chartered Accountant can apply for the following jobs
1) Internal Auditing
2) Tax Auditing
3) Forensic Auditing
4) Career in Accounting and Finance
5) Taxation Advisory (Both Direct and Indirect)
6) Statutory Audit under applicable statutes
7) Managing Treasury function
8) Others like Bookkeeping, Finance Controller, Preparation of financials of companies, etc.
Work as a teacher
One can also do a part-time teaching if he/she is working in an institute and the firm allows him/her to work as a teacher.
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