Who is the most successful chartered accountant in India?

The 5 most successful Chartered Accountants in India

• Suresh Prabhu. Suresh Prabhu is currently the Minister of Commerce & Industry and Civil Aviation of Government of India.
• Rakesh Jhunjhunwala.
• Naina Lal Kidwai.
• Aroon Purie.

Is ACCA equivalent to CA in India?

ACCA is an international degree and accepted across the globe; more than 180 countries. CA is only valid in India as the course is designed for India only. The Institute of Chartered Accountants is the authorized entity for the course. CA is applicable only in India and was commenced in the year 1944.

What is the success rate of CA in India?

According to the latest ICAI results, the success rate for the CA finals exam has dropped by 2.45\% – from 8.25\% in May 2015 to 5.75\% in November 2015. However, there is no upper age limit for taking admission in Chartered Accountancy course or clearing it.

Is there a shortage of CA in India?

As of April 2018, there are only 2.82 lakh CAs in India, and out of which only 1.25 lakh members are in full-time practice that makes approx. 44\% of the total strength.

What is ICAI BOS app?

Ans: This “ICAI-BOS” is course specific mobile app. In other words, Foundation course students can only view the lectures, recorded lectures, educational contents, mock test, etc.

How to set up a chartered accountancy firm in India?

In order to establish a CA firm or your Chartered Accountancy Practice, one must be a graduated chartered accountant from the Institute of Chartered Accountants of India (ICAI). Then the graduated CA can apply for the certificate of practice by providing the details while filing the ICAI form.

Can a chartered accountant open his own CA firm?

He can open his own CA firm. If he chooses to open his own CA firm, then he must get the name of the authorized firm from ICAI. For studying the chartered accountancy, one has to pay the fees to ICAI.

How to start a chartered accountancy firm after graduation?

Then the graduated CA can apply for the certificate of practice by providing the details while filing the ICAI form. He can open his own CA firm. If he chooses to open his own CA firm, then he must get the name of the authorized firm from ICAI. For studying the chartered accountancy, one has to pay the fees to ICAI.

How to start a CA firm in India without practice certificate?

Without practice certificate, the candidate can neither establish a CA firm nor join any existing CA partnership firm in India. As per the requirements of the state government, for establishing a CA firm, one must take professional tax registration, approval from Municipal Corporation and trace license.