#CareerBytes: Additional courses to pursue after completing Chartered Accountancy
What's the story
Chartered Accountancy (CA) is one of the most sought-after and toughest professional courses. The Institute of Chartered Accountants of India (ICAI) provides the three-level program comprising Foundation, Intermediate, and Final programs. CA is a prestigious and respected profession. However, there are some courses candidates can pursue after CA to have an edge over others. Here are some additional courses to pursue after CA.
#1
The Chartered Financial Analyst (CFA) program
After CA, candidates can go for Chartered Financial Analyst (CFA) program, offered by the CFA Institute. It is one of the most in-demand professional career options in the corporate world. The CFA program, which can be pursued after graduation, is also divided into three levels. It focuses on finance, investment, wealth management, stock market, portfolio analysis, etc. CFA certification is valid globally.
#3
Diploma in Information System Audit (DISA) by ICAI
After completing CA, candidates can also opt for the Diploma in Information System Audit (DISA) offered by the ICAI. The DISA qualification can be quite beneficial for Chartered Accountants. Its main objective is to enhance qualified CAs' professional skills in the field of IT dynamics, preparing them for information systems audits, bank audits, and in the area of information security and business continuity.
#2
The ACCA Chartered Certified Accountant program
The Chartered Certified Accountant program, another globally recognized professional qualification, is also a great option to go for after completing Chartered Accountancy. ACCA is available in 180 countries, including India. It is awarded by the UK's Association of Chartered Certified Accountants (ACCA). The ACCA program involves subjects like financial accounting, management accounting, financial reporting, taxation, company law, audit, and assurance & financial management, etc.
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#4: IIA's Certified Internal Auditor course
The Certified Internal Auditor (CIA) is another good accounting certification option exclusively in the internal auditing field. It is offered by the US-based Institute of Internal Auditors (IIA). It is a globally recognized professional course that is also available in India.
#5
One can also pursue Cost & Management Accountancy (CMA)
Cost & Management Accountancy (CMA) is another popular program one can pursue along with or after CA. It is offered by the Institute of Cost Accountants of India. The CMA program also comprises three levels: Foundation, Intermediate, and Final. The course deals with cost accountancy, cost management, corporate finance, economics, performance management, financial reporting, strategic planning, and organizational management among others.