Early or late, everyone has to start his vocational life. Its an important event of life because then after an entirely new world starts – THE WORLD OF WORK. Many courses are available for simple and common vocations which do not require any special skill. Anyone can do them. But …………. TO BE DIFFERENT IS TO BE RENOWNED……… So if one really wants to do something challenging and diversified, then Chartered Accountancy is the most dignified profession.
A MISCONCEPTION REMOVED
It was an old image that accountant are boring and old fashioned, they crunch numbers and work in compliance and tax. But the profession of CA has replaced and upgraded this old image and has created something which has reinvigorated the professional pride.
IMPORTANCE OF ACCOUNTING AND NEED FOR AUDITING
Globalization is resulting into cross border investments and operations. Complexity of arrangements and transactions has increased a lot. This is the root cause for the symbolic growth of the profession of accountancy in India. Today accounting can be called a vital function in peace time as also during war. Accounting is an outstanding professional field, with very substantial accomplishments to date and with a great potential. And as the dust settles on the global business landscape, international and local finance communities are looking for some outstanding professional and corporate guidance.
Due to fast increasing tempo of the industrial and economic development of the country, the confidence of the public in even reliable and well managed business undertakings would be seriously undermined, if unscrupulous persons were allowed to manipulate company accounts or otherwise indulge in malpractices only to serve there own ignoble ends. Therefore the government and the public are a like interested in maintenance of the independence and integrity of the accounting profession. The accounting and auditing profession have to answer for some very