All About CA
A Chartered Accountant is an accounting professional who has been certified by a regulatory body as competent to handle matters relating to accounting and taxation of a company, such as filing tax returns, auditing financial statements and business practices, keeping investment records, and preparing and reviewing financial reports and documents. A Chartered Accountant is also eligible to provide consulting services to businesses and individuals.
The Institute of Chartered Accountants of India has designed three stages of training to become a certified Chartered Accountant (ICAI). The Institute of Chartered Accountants of India (ICAI) is a statutory body that governs and maintains the practice of chartered accountancy in India. An applicant may follow a Chartered Accountancy Course either through the Foundation Course Route or the Direct Entry Route under the Scheme of Education and Training. After Class 12, students can enroll in the Foundation course, and those who have completed their high school diploma can enroll in Direct Entry.
CA Eligibility Criteria
To become a Chartered Accountant, an applicant must complete a series of training courses and exams administered by the Institute of Chartered Accountants of India at different levels (ICAI).
Foundation Route Eligibility Criteria:
To sit for the Foundation test, an applicant must have completed Class XII and four months of study time.
The applicant must register with the Board of Studies for a four-month period of review.
Direct Entry Route Eligibility Criteria:
The following qualifications are needed for direct entry into the Intermediate course:
Graduates/Post-Graduates in Commerce (with a minimum of 55%) or Other Graduates/Post-Graduates (with a minimum of 60%) from a recognized university (including Open University)
Candidates who have passed the intermediate level examinations of the Institute of Company Secretaries of India (ICSI) and the Institute of Cost Accountants of India (ICAI)
A Chartered Accountant's work is one of the most difficult in the business world. The CA's competency is crucial to a company's financial health because he not only advises the client on financial issues but also detects and avoids fraud and deals with financial irregularities. The CA must have the following skills to be able to manage this extremely sensitive area of business:
All About SBI PO
Every year, the State Bank of India (SBI) conducts the SBI PO exam to select suitable candidates for the position of Probationary Officer from a large pool of applicants. It is one of the most highly sought-after SBI exams in the world.
SBI PO is regarded as one of the most prestigious positions in the banking industry, and millions of candidates from all over India apply for the exam in the hopes of landing a dream bank job. The SBI Bank PO exam is held once a year, and applicants from all over the world apply for a chance to work for the country's largest public-sector bank.
SBI PO Recruitment
In India, the SBI PO recruitment process is more complex than that of other public sector banks. Aspirants who want to sit for the exam must first complete the SBI PO online application as the first step in the registration process.
The selection process for SBI PO recruitment should ideally consist of three stages:
1. The Preliminary Exam (Conducted Online)
2. The Final Exam (Conducted Online)
3. Personal Interview/Group Discussion
Candidates that have cleared all stages and advanced successfully through each stage are considered shortlisted. The final decision is made solely on the basis of merit.
SBI PO Eligibility Criteria
Before sitting for the test, SBI PO candidates must meet the following eligibility requirements:
SBI PO Age Limit: According to the official notice, an applicant must be at least 21 years old and not more than 30 years old.
Educational Qualification: A applicant must be a graduate of a recognized university in any field or possess an equivalent degree or a qualification recognized by the Central Government.
Which is better CA or SBI PO?
It's not a particularly useful comparison. Although all SBI POs receive the same pay, CAs do not. An SBI PO is also an occupation, while a CA is a technical qualification. Many people who are CAs by qualification aren't really CAs by specialty. A lot of them work in banks, some in businesses, and a lot more just handle income tax, sales tax, and other tax-related work, which is probably more of a lawyer's job than a CA's. A large number work as financial analysts, which is not an accounting career.
There are senior accountants who are also CEOs of businesses. That is certainly prestigious, but it usually only happens to people with MBAs from reputable institutions who are employed rather than practicing their practice.
Although there are several eligible CAs who are also SBI POs, a large number of them fail the PO exam. That is not to assume that all SBI POs can pass the CA exam because their skill sets are vastly different.
Many CAs still operate in the banking industry as specialists. They have a set career path, decent pay, and so on, but they are not in the banking industry.
Money and credibility are two things that vary from person to person. Some CAs will make far more than any SBI PO will ever make, but many more will never make as much.
Furthermore, a Branch Manager or a Regional Manager would have much more social prestige than other CAs in terms of credibility in society. It's a lot harder for every CA to have the same credibility. Yes, some will be recognized, but the majority will not.
Is the SBI PO a government position?
SBI is not a government position. The SBI is India's largest public sector bank and the government owns a large portion of it, but its workers are not classified as government employees.
Is there a term of probation for SBI PO?
Yes, newly appointed Probationary Officers must serve a two-year probationary term. It could be extended depending on the employee's success during the two-year probation period.
Which is better CA or SBI PO?
CA is a better choice if you get hired by MNCs or large profit-making firms, but if you don't get hired by a good company, allowances, bonuses and carrier development are all good as an SBI PO.
Is working as an SBI PO a respectable position?
SBI PO is one of the most prestigious positions in the banking sector of the country. After all, SBI PO Salaries and Benefits are among the best in the industry, and SBI PO offers enough opportunities for POs to train their skills and expertise in order to stay current with industry trends.
Is there a pension for SBI POs?
An SBI PO with four additional increments of Rs 700 each. The standard pay scale, which includes the Dearness Allowance (DA), is 76.50 percent. Bank Contribution to PF and Pension: This is an extra benefit provided by SBI to its employees.