CHOOSE! To become a Chartered Accountant.

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Presentation transcript:

CHOOSE! To become a Chartered Accountant

Why are we here? • To give you the low-down on Chartered Accountancy as a profession • To tell you how you can become a CA(SA) • To tell you more about getting a bursary to study Chartered Accountancy • To answer any questions you might have

Why are we here? We’re a non-profit organisation that regulates the accounting profession… our job is to ensure that Chartered Accountants of South Africa CAs(SA) are always at the top of their game and remain business leaders in the global financial market.

Membership stats 39906 registered CAs(SA) in July 2016 30063 4349 3909 1343

Who should become a CA(SA)? Got dreams of making it big one day? Then becoming a CA(SA) is probably the career for you… if you have the following characteristics: • A positive attitude • Good with numbers • Diligent worker • The ability to take charge and be a leader

How to become a CA(SA)? Bachelors Degree admission (Maths and English) BCom Accountancy degree or equivalent (at a SAICA accredited university) Pass Certificate in Theory of Accounting (CTA) or equivalent (PGDA) Pass SAICA's Professional Examinations The Initial Test of Competence (ITC) The Assessment of Professional Competence (APC) Register with SAICA to be considered a CA(SA) designation

Reasons to Believe • 32% of Directors of JSE top 200 are CAs(SA) • 74.3% of Chief Financial Officers (CFOs) of JSE listed companies are CAs(SA) • 32% of Chief Executive Officers (CEOs) of JSE top 40 are CAs(SA) • JSE top 40 companies where the CEO are CAs(SA) out perform financially those not headed by CAs(SA) • 99% of all RAA’s(Auditors) registered with IRBA are CAs(SA) • CAs(SA) is most associated with delivering results, strong ethics, and requires no further training. • An entry level CA(SA) earns more than any other qualified professional.

Perks of being a CA(SA) • Your CA(SA) designation will be recognised world-wide • Competitive salaries ensure that your earning potential will always be worth your while • As a CA(SA) you’ll enjoy excellent flexibility – enabling you to choose your own work/life balance based on what you want to get out of your career • Whether you’re after creating wealth, gaining status or having time to spend with loved vv ones… having a CA(SA) designation behind your name makes it even more possible

Where can you work as a CA(SA) • Commerce and Industry • Government/Public Sector • Academic and educational institutions • Business • Public Practise

What can you do as a CA(SA)? High level strategic roles, reporting directly to top management/stakeholders • Auditing - express your opinion on financial statements • Taxation - Tax Consultant – advise clients on their tax • Judicial - Liquidator, trustee or judicial manager • Accounting officers - lead a team that handles the payroll, VAT returns, tax reports, annual financial statements, cash flow forecasts etc. • Business & business strategy - business plans, profit improvement advice, investment strategies

What can you do as a CA(SA)? Cont. • Forensic Accounting - investigate fraud, high overhead costs • Corporate Finance and Schemed Finance - mergers, acquisitions, disposals and structured deals, investments and businesses • Company Secretarial - statutory books • Wealth Management - estate planning, wills and trusts • Small and Medium Practices (SMPs) - strategic planning and management, client relationship management • Banking - broad business engagement, high level stakeholder interaction, people skills • Entrepreneur - pursue a business of your choice • Academic - Lecturer

Need financial assistance? For bursaries you can apply to: • The Thuthuka Bursary Fund • SAICA accredited training offices (www.nowican.co.za)

the Thuthuka Bursary Fund More about How learners are selected: • Be in Grade 12 • Be African, Coloured • Achieve level 5 in English & Mathematics (not Maths Literacy) • Pass an entrance test • Achieve a university entrance into BCom Accounting or equivalent at a SAICA accredited university offering a Thuthuka programme To apply: Get an application form from your educator or call 0860 72422, www.saica.co.za/thuthuka

Continue the conversation for more comprehensive information and fun tools, visit www.nowiCan.co.zawww.nowiCan.mobi Follow us on Twitter: Join us on Facebook: www.facebook.com/nowiCAn.co.za www.facebook.com/thuthukabursaryfund.co.za www.youtube.com/user/TheSAICA

Reasons to Believe SAICA ACCREDITED UNIVERSITIES? The following universities are accredited by SAICA to offer degrees that are relevant to qualifying to become a prospective CA(SA): Monash South Africa Nelson Mandela Metropolitan University (TBF) North West University (TBF) Rhodes University (TBF) University of Cape Town (TBF) University of Fort Hare University of Free State(TBF) University of Johannesburg (TBF) University of KwaZulu-Natal University of Limpopo University of Pretoria (TBF) University of South Africa University of Stellenbosch (TBF) University of Western Cape University of the Witwatersrand (TBF)

Thank you.

Any questions?