Chartered Accountant - CA


DEFINITION of 'Chartered Accountant - CA'

An accounting designation given to accounting professionals in many countries around the world outside of the United States. A Chartered Accountant (CA) designation typically proves the holder has the qualifications to audit financial statements and business practices as well as offer advisory services to clientèle. The equivalent to a CA designation in the U.S. is the CPA.

BREAKING DOWN 'Chartered Accountant - CA'

Chartered Accountants claim to be the first accounting group to form a professional body, in 1854 in Britain. Today there are many organizations that such accountants belong to across the world, including the Institute of Chartered Accountants in England & Wales in the UK and the Canadian Institute of Chartered Accountants in Canada. The CA designation in Canada is one of the few designations transferable to a CPA in the U.S. by writing a reciprocity exam.

  1. Accountant

    A professional who performs accounting functions such as audits ...
  2. Audit

    An unbiased examination and evaluation of the financial statements ...
  3. The Institute Of Chartered Accountants ...

    The world's first professional body of financial bookkeepers. ...
  4. Canadian Institute Of Chartered ...

    A non-profit organization for accounting professionals in Canada. ...
  5. Certified Consumer Debt Specialist ...

    A professional designation awarded by the Center for Financial ...
  6. Institute Of Chartered Accountants ...

    A group of accountants and finance professionals who have met ...
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  1. Can working capital be depreciated?

    Working capital as current assets cannot be depreciated the way long-term, fixed assets are. In accounting, depreciation ... Read Full Answer >>
  2. Do working capital funds expire?

    While working capital funds do not expire, the working capital figure does change over time. This is because it is calculated ... Read Full Answer >>
  3. How much working capital does a small business need?

    The amount of working capital a small business needs to run smoothly depends largely on the type of business, its operating ... Read Full Answer >>
  4. What does high working capital say about a company's financial prospects?

    If a company has high working capital, it has more than enough liquid funds to meet its short-term obligations. Working capital, ... Read Full Answer >>
  5. How can working capital affect a company's finances?

    Working capital, or total current assets minus total current liabilities, can affect a company's longer-term investment effectiveness ... Read Full Answer >>
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