Referring to placements for CAs, K. Raghu the newly elected Vice-President of the ICAI said there has been campus recruitment across 22 locations in 350 colleges where newly qualified CAs are offered a initial pay packet in the range of Rs 6 to 7 lakhs.
Qualified CAs not only get good placements in India but also find employment in Gulf like Muscat, Kuwait and earn three times the salary there. Unlike other areas, it is quite cheaper to complete CA, he added.
Raghu was in Hyderabad to inaugurate a seminar on bank audit organised by the Hyderabad branch of the Southern India Regional Council of the ICAI. About 600 CAs haven taken part in the event, said Dayakar Gelli, Chairman of the Hyderabad Branch.
Referring to delays in implementation of the International Financial Reporting Standards, Raghu said preparedness was needed for the industry as well as professionals.
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