Different certifications to do after CA

Not too many years ago, the Chartered Accountant course seemed to be the only certification you needed to earn. Getting a CA added to your name was a pretty big achievement in itself. However, the world is evolving fast, and the tables have turned. Finance and businesses seem very dynamic today. If you want to stay one step ahead of the competition, you need to do additional courses, like a diploma in IFRS. Let us take a look at the courses that you can do to improve your career.

1. Chartered Financial Analyst

If you want to make an international career in finance, the only plausible option you can choose is the CFA. A lot of people who complete their CFA go for the CFA right after they are done with the final rounds. With this combination, you will have a very good foundation in finance, with a specialization in investment analysis. You will be able to work in amazing profiles such as equity research, portfolio management, and stock trading. Also, you will be earning quite a handsome salary while working for these institutions.

2. Financial Risk Management

The certification for Financial Risk Management is offered by the Global Association of Risk Professionals. You might have been needed to calculate the risk associated with a portfolio during your CA journey. If you have liked that portion of your coursework, you can opt for Financial Risk Management. Unlike the IFRS course that deals with global standards for financial reporting, this is solely concentrated on risk management. There are two levels of exam that you need to clear to earn this certificate.

3. International Financial Reporting Standards

The IFRS was created in order to have a global standard of financial reporting. Different countries have independent systems for reporting financial transactions, making it difficult for companies working in multiple geographical locations to manage their businesses. Also, investors around the world can assess and compare the financial positions of various companies without the need for analysts. The IFRS course duration is small as the students need to go through one examination. Look into the IFRS course details, and you will see how it can help you get into large companies operating in different nations.

4. Certified Public Accountant

If you want to practice internationally, CPA is the American version of Chartered Accountancy. The CPA is offered by the American Institute of Certified Public Accountants. If you want to practice as a public accountant in the US, this degree is mandatory. A Chartered Accountant with a CPA can work in lots of different sectors like forensic accounting, assurance services, internal and external auditing, and tax and financial planning.

If you are looking for what to do after CA, there are a lot of things you can try out. The list does not end here. You can even go for an MBA or pursue law. The combinations are endless.