Requirements To Study Chartered Accounting In Namibia

Requirements To Study Chartered Accounting In Namibia

What is Chartered Accounting?

Chartered accountants were the first accountants to form a professional accounting body, initially established in Scotland in 1854.

These are the requirement to study Chartered accounting in Namibia

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. The journey towards a CA (SA) professional qualification includes three major steps. These are: (1) obtaining the necessary university qualifications, (2) completing a learnership programme, and (3) completion of two final professional examinations administered by SAICA.

Frequently Asked Questions

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 you need to study to become a chartered accountant in Namibia?

  • Accounting Systems and Processes.
  • Financial Accounting and Reporting.
  • Audit and Assurance.
  • Business Law.
  • Economics.
  • Finance and Financial Management.
  • Management Accounting.

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 many chartered accountants are there 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.

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.

Where can I study accounting in Namibia?

  • National Institute of Technology, Windhoek. Level 4.
  • International Training College , Windhoek.
  • Goldstone Software Engineering Institution, Windhoek.
  • Triumphant College, Windhoek.

How do I register as a Chartered Accountant in Namibia?

The articled training is of 3 years and a CA student can either appear for CA Final exam after completing the articled training or while serving the last 6 months of articled training. Students who clear the CA Final exams have to enroll as a member of the ICAI to be designated as a Chartered Accountant.

Can I become CA without maths in Namibia?

Chartered Accountancy is one of the most popular career options in commerce without maths. A great thing about this career choice is that you don’t need to study maths in the 12th standard to pursue it. To become a Chartered Accountant, you must pass a three-tier exam.

Can we pass 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.

Is CA or CS better in Namibia?

Easy Studies – CS is much easier as compared to CA which has been referred to the toughest course in Namibia. The CA course is easy to enter but tough to exit. Company Secretaries are held responsible to operate the company within the terms of Company Law. Less Duration Course – The duration of CS is less than CA.

Can CA be done online in Namibia?

Students can enjoy CA online Classes at home and take the classes whenever it is best suitable for them. Many of the students doing a job along with the studies prefer to take the classes at night. Online CA Coaching resolves this issue by providing lectures on your demand and according to your convenience.

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 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. They need to devote more of their time to preparations.

Can I complete CA in 3 years in Namibia?

Graduates can directly apply for the CA Intermediate without passing the entrance level i.e. CA Foundation. According to the above figures, the total duration to complete the CA course duration after graduation is 3 years approx. Although 3 Years is the minimum duration, every attempt increases your six months.

Is CA a good career in future in Namibia?

Post liberalization, privatization and globalization, chartered accountancy has become an extremely rewarding career in terms of prospects in India. Considering the various benefits of becoming a chartered accountant (CA), it is a common understanding that many would want to pursue this career path.