Practise of a ca as a financial consultant?

CA 667 views 1 replies

Hello all.

              i am in my 2nd year of articleship  and most of the CA's practising in my city are either in taxation or statutory audit.

I wanted to know wat scope exsists for CA to practise as a Financial consultant.?

i ve found out from my intership tat even private companies dont ve absolute control over interests charged by banks and they readily accept without having any discussion with banks.

i feel if a Chartered accountant has appropriate idea of banking industry with proper insights,this would save a lot of interest  costs to clients.Obvously primarily am speaking about financial planning here.

Banking is inherent feature of every business finance ,house finance,leasing.

Merely a CA a degree would be suffice to make career in this field ??i ve still an year of articleship left ,so tat if i spend it on this area   in firms providing this service .

Also i want to knw scope for CA's as Financial consultants exsists in a broader sense.?Is this career lucrative?

Could some one Advice me on this?

Replies (1)
Originally posted by : CA Finalist

Hello all.

              i am in my 2nd year of articleship  and most of the CA's practising in my city are either in taxation or statutory audit.

I wanted to know wat scope exsists for CA to practise as a Financial consultant.?

i ve found out from my intership tat even private companies dont ve absolute control over interests charged by banks and they readily accept without having any discussion with banks.

i feel if a Chartered accountant has appropriate idea of banking industry with proper insights,this would save a lot of interest  costs to clients.Obvously primarily am speaking about financial planning here.

Banking is inherent feature of every business finance ,house finance,leasing.

Merely a CA a degree would be suffice to make career in this field ??i ve still an year of articleship left ,so tat if i spend it on this area   in firms providing this service .

Also i want to knw scope for CA's as Financial consultants exsists in a broader sense.?Is this career lucrative?

Could some one Advice me on this?


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