A chartered accountant (CA) is an international accounting designation granted to accounting professionals in many countries around the world.
Below is How To Become A Chartered Accountant In Ghana
What is the role of a chartered accountant?
As a chartered accountant, you’ll give advice, audit accounts, and provide trustworthy information about financial records.
This might involve financial reporting, taxation, auditing, forensic accounting, corporate finance, business recovery, and insolvency, or accounting systems and processes.
What is CA qualification?
The minimum qualification required to pursue the ICAI CA course is Class 12.
The candidates who have passed Class 12 can take up the CPT course.
The second stage is IPCC (Intermediate) and the last stage is CA Final. Subjects Combination: Students from Commerce, Science, and Arts stream in Class 12 can register for CPT.
Who is the youngest Chartered Accountant in Ghana?
Hannah Ann EnyanEighteen-year-old Hannah Ann Enyan, an old student of the Labone Senior High School, has been crowned the youngest Chartered Accountant in Ghana.
How To Become A Chartered Accountant In Ghana
If you have a passion for becoming a professional accountant in Ghana, then you are in the right place. In this guide, we’ll take you through the process and requirements for becoming a qualified and chartered accountant in Ghana.
Becoming a professional accountant in Ghana is not as easy as it seems.
It requires advanced education, formal certification, and a firm commitment to learning the trade. In fact, a large number of accounting graduates in Ghana have not chartered accountants as they don’t have any professional certification to back their claim.
Before we go into how to become an accountant in Ghana, let’s take a look at the general overview of accounting.
Below is a step-by-step procedure and requirement for becoming a chartered accountant in Ghana.
1. Obtain High School Education
The first thing that you need to become a professional accountant in Ghana is to go through secondary school education. This is the basics of becoming an accountant. Now, while in high school, you need to be in a commercial class.
By this we mean you need to offer subjects that are needed to study accounting in higher institutions.
Now, regardless of your class, you are expected to pass your O’level with a minimum of credits passes in three (3) core subjects English Language, Mathematics, Integrated Science or Social Studies, and Three (3) Elective Subjects in the following groups; Business, General Arts, and General Science.
Once you have your papers complete, congratulations you are on the right path to becoming an accountant.
2. Obtain a Tertiary Education
Once you have met the above minimum requirement, you need to further your education. This could be either a university, technical university, or a polytechnic.
In these institutions, you are expected to study accounting as a course. However, even if you never studied this course during your university/polytechnic days, you can still become an accountant by passing their professional exams.
But this will require you to spend more years compared to those that studied accounting or accountancy in school.
3. Obtain Accounting Certifications
This is the last step to becoming a professional accountant in Ghana. In fact, most accounting graduates don’t get to this point. You really need this certification before you can become a professional accountant.
The certification is gotten from a professional accountancy body. You can enroll in the Institute of Chartered Accountants Ghana (ICAG). But before you do that, you need to meet their minimum admission requirements.
You also need to write and pass the ICAG examination. You can do this by downloading ICAG past questions which will serve as a guide.
Institute of Chartered Accountants Ghana
The Institute of Chartered Accountants (Ghana) has been in existence since the mid-sixties. They have been providing accountancy training at both technician and professional levels. The ICAG School is located at Okponglo, East Legon, along the Trinity Theological Seminary-IPS Road.
How much does a Chartered Accountant earn in Ghana?
An early career Accountant with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of GH₵ 32,880 based on 14 salaries.
A mid-career Accountant with 5-9 years of experience earns an average total compensation of GH₵ 29,340 based on 8 salaries.