How To Become A CA In Namibia

How To Become A CA In Namibia

What is CA?

A chartered accountant (CA) is an international accounting designation granted to accounting professionals in many countries around the world, aside from the United States. In the United States, the equivalent to the CA designation is a certified public accountant (CPA).

Where and how to become a CA in Namibia

  • Enrol yourself in the CA Foundation Course after completing XIIth.
  • Complete a 4 month study period and appear in the CA Foundation Examination.
  • Enrol into CA Intermediate Course after clearing CA Foundation Exam.

To become a chartered accountant in Namibia, you have to get an Honours degree, Certificate in Theory of Accountancy (CTA), Articles of clerkship, final exams and applying for a Chartered Accountant membership are all part of the journey to being able to write CA (SA) or similar.

Frequently Asked Questions

How much do chartered accountants earn in Namibia?

Average salary for Chartered Accountant / Namibia is 690,215 NAD per year. The most typical earning is 610,681 NAD. All data are based on 8 salary surveys.

How long does it take to become a chartered accountant in Namibia?

The duration of the programme extends over three years of full-time study. The maximum duration is 5 years. The Faculty has the right to amend the curriculum for academic and professional reasons any time during the period of study.

What subjects do I need to become a CA in Namibia?

You will need to have the following school subjects in order to study towards a Chartered Accounting qualification: English (matric level) Accounting (not required but helpful) Mathematics/Mathematical Literacy (depending on the institution you apply to)

How many chartered accountants are in Namibia?

As of 1 April 2019, the Institute has 2,91,698 members out of which 1,92,857 are associates and 98,841 are fellows.

What is a qualified chartered accountant in Namibia?

Chartered Accountant is a designation given to an accounting professional who has received certification from a statutory body that he/she is qualified to take care of the matters related accounting and taxation of a business, like file tax returns, audit financial statements and business practices, maintaining records.

How many years do you study for chartered accountant in Namibia?

If you choose to become a chartered accountant, your career is likely to be stable with strong demand for your skills. Depending on the degree course you choose, it will take you four to five years to complete your degree at a university.

Is CA a government job in Namibia?

The answer to the question invariably is Yes. Chartered Accountants and especially experienced ones can get a government job along with good salary packages.

Is CA a good career in Namibia?

Chartered Accountants are regarded as one of the highest paying career professionals in Namibia. Chartered Accountancy is a good career option if you are interested in subjects like taxation and accounting. The career path to becoming a Chartered Account (CA) is challenging but very promising as well.

Is CA a stressful job in Namibia?

No, pursuing CA is not a stressful job. Candidates opted for CA has to do hard work for preparing for the CA exams.

Is CA difficult than IIT in Namibia?

Another point is, IIT JEE is an entrance exam for undergraduate courses, whereas, CA is a professional course with different levels, so there is no direct comparison between these two. If looked upon the success rate, CA exam has a pass percentage of about 15-18% overall.

Can I clear CA in first attempt in Namibia?

Although it takes a lot of practice and commitment to clear the exam in the first attempt, it is not impossible. The Chartered Accountancy (CA) course is considered one of the most sought-after professional courses in India that demands years of strenuous practice and training to obtain the certification.

How many hours should a CA student study in Namibia?

Daily study for 10 hours is good enough. You may be able to study for more hours but your productivity will be very less. Hence take enough sleep to increase your productivity. Make planning in such a way that all coaching should be completed before two months of your exam.

Is CA difficult than MBBS in Namibia?

Both CA and MBBS are almost equally difficult – you have to work hard and study extensively in order to complete both these degrees.

Is CA is a private job in Namibia?

While it is largely assumed that a Chartered Accountant heads for private companies, they are equally equipped and in demand to pick up a competitive government job as well. After finishing your CA course and internship, you can directly be recruited by government banks.

What is the work of CA in Namibia?

Chartered accountants are professionals who work in various sectors of the economy, managing the finances of an entity, providing financial advice and helping out with money management. This can be for a business, individual or government.

Is CA good for future in Namibia?

Every registered firm or organization under the Company Act, has a CA appointed that manages Auditing & Assurance, Tax Consultancy, Accounting Services, Accountants & Finance Outsourcing and Financial Reporting. There are numerous job opportunities for a CA in the present as well as in the future.