Contracted bookkeeper (CA) is a universal bookkeeping assignment allowed to bookkeeping experts in numerous nations around the globe, beside the US. In the US, the comparable to the CA assignment is affirmed open bookkeeper (CPA).
CAs , around the world are run by an international setup , known as IASB( international accounting standard Board)The main role of the IASB is to build up a solitary arrangement of excellent, justifiable and implementation bookkeeping standard that require high caliber, straightforward and practically identical data in fiscal reports just as in the other money related answering to help clients of the budget reports.
Market Value
Platform for CAs in Pakistan is very vast , because it was one of toughest profession marked by experts of education, being the toughest makes it generate a very limited number of graduates per year ,which makes their demand even more in the practical world. Chartered Accountant salaries may vary based on experience, skills, gender, or location, starting from 78,000 PKR and going up to 10.7 to 20 lakh .For it is regarded as the highest paid job in Pakistan according to the survey conducted in 2019.
Admission Criteria
The section stream to this course will be as per the following: students who have HSSC with least half denotes i.e 50% marks, ‘A’ Level with least two passes, or proportional capability and graduates with least 45% imprints. Understudies meet the above criteria can enter the principal level, that is QAT, which is an assessment test for qualification to enter.
Different Paths to Enter
Path 1 |
Path 2 |
Path 3 |
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| F.Sc | A levels | Graduation | ||
| 45% marks | At least two passes | At least 2nd division | ||
| AFC CAF Three years training CFAP MSA | AFC CAF 3 years training CFAP MSA | 3 years training Start CA ,then complete 4 parts to get the degree | ||
Renowned Institutes
Biztek Institute Of Business & Technology (Karachi)
AHCE-Al Hamad College of Education (Karachi)
Undergraduate
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Pre-Requisite Competencies (PRC) |
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PRC-1 |
Business writing and comprehensive skill |
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PRC-2 |
Quantitative Methods |
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PRC-3 |
Principle of Economics |
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PRC-4 PRC-5 |
Intro to Accounting Intro to Business |
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Certificate in Accounting and Finance (CAF) |
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CAF-1 |
Code of Ethics for Chartered Accountants (2019) Financial Accounting and Reporting 1 |
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CAF-2 |
Tax Practices |
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CAF-3 |
Cost and management Accounting |
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CAF-4 |
Business Law |
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CAF-5 |
Financial Accounting & Reporting-2 |
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CAF-6 |
Managerial And Financial Analysis |
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CAF-7 |
Company Law |
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CAF-8 |
Audit and Assurance |
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Writing skills Test |
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Final
CFAP – Certified Finance and Accounting Professional
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CFAP-1 |
Code of Ethics for Chartered Accountants (2019) Advanced Accounting & Financial Reporting |
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CFAP-2 |
Advance Corporate Law & Practices |
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CFAP-3 |
Strategy & Performance Measurement |
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CFAP-4 |
Business Finance Decisions |
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CFAP-5 |
Tax Planning & practices |
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CFAP-6 |
Audit, Assurance & Related Services |
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MSA – Multi-Subject Assessment
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Subject |
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MSA-1 |
Financial Reporting & Assurance -Professional Competence |
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MSA-2 |
Management- Professional Competence |
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Related Field Jobs
- Banks
- Auditing Firms
- Finance Companies
- Mutual Funds
- Portfolio Management Companies
- Investment Houses
- Stock Broking Firms
- Legal firms
- Legal house
- Patent Firms
- Attorneys
- Trade Mark
- Copyright Registers
Work Description
- Working Records
- Overseeing Duty
- Planning and Budgetary Control
- Managing Wages and Compensations
- Doing Interior Reviews
- Estimating
- Observing Consumption
- Paying Records and Conveying Solicitations
Pros
- Dependable Guidance
- With regards to your funds, you have to realize your cash is in safe hands – contracted bookkeepers must agree to proficient advancement measures, guaranteeing their insight and abilities are constantly stayed up with the latest. Utilizing a sanctioned bookkeeper offers you the consolation that the guidance you are getting is both precise and educated.
- Exceptionally Experienced
- Contracted bookkeepers are required to take care of in extensive long stretches of expert experience to acquire their CA assignment. That is a great deal – and we mean a ton – of time spent sharpening their specialty
- And many merits like
- Solid Relational abilities.
- Keep refreshed with new and altered laws.
- Master Information on Exceed expectations.
- Great Explanatory Aptitudes.
- Great Listening Aptitude
Cons
- The training is progressing and lengthy
- On the off chance that you become a bookkeeper, the learning doesn’t stop once you’ve earned your degree. To advance in your profession, you’ll have to anticipate proceeding with training—at any rate to stay aware of changes in the business and significant accreditations
- The work can become boring and repetitive.
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