8% to 30 %, Drastic Change in Number of Women CA's in Past 25 Years
The highest percentage of female candidates enrolled in CA courses has been witnessed in the western and southern regions
India has seen a notable and "drastic" growth in the number of female chartered accountants (CAs) over the last 25 years. The percentage of women certified public accountants in the US has increased from 8% in 2000 to over 30% today. Additionally, women make up an astounding 48% of recent CA qualifiers, suggesting an increasing trend. Eight per cent of CAs were female in 2000....
India has seen a notable and "drastic" growth in the number of female chartered accountants (CAs) over the last 25 years. The percentage of women certified public accountants in the US has increased from 8% in 2000 to over 30% today. Additionally, women make up an astounding 48% of recent CA qualifiers, suggesting an increasing trend.
Eight per cent of CAs were female in 2000. This number increased to 30% in 2023. Women have dominated CA exams in recent years; 48% of qualifiers are female. This implies that there will probably be an increase in the percentage of female CAs in the overall pool.
Stay Updated with the Latest Audit Report Formats & Audit Trials Requirements! Click here
Compared to 30% in 2019, 43% of the 8.63 lakh CA candidates were female as of 2023. In 2019, out of 2.91 lakh CAs, 73,807 were female lawyers. Out of the 3.9 lakh CAs in 2023, there were 1.2 lakh women. It's interesting to note that during the last three years, the highest percentage of female candidates enrolled in CA courses has been witnessed in the western and southern regions.
There are a number of reasons why more women are choosing to become certified public accountants and succeeding in this field. Since the Indian economy has been liberalized and the accounting and auditing industry has expanded, there are many employment openings for certified public accountants (CAs), which makes the field quite appealing. Freshmen's average yearly pay of almost Rs 12.5 lakh is a big lure.
The flexibility of the CA course, which includes the ability for practicing CAs to work from home, and its comparatively low cost are well-known. Women who may be juggling family obligations will find this appealing.
There are a number of reasons why more women are choosing to become certified public accountants and succeeding in this field. Since the Indian economy has been liberalized and the accounting and auditing industry has expanded, there are many employment openings for certified public accountants (CAs), which makes the field quite appealing. Freshmen's average yearly pay of almost Rs 12.5 lakh is a big lure.
The flexibility of the CA course, which includes the ability for practicing CAs to work from home, and its comparatively low cost are well-known. Women who may be juggling family obligations will find this appealing.
Training for positions as academics or directors is one of the programs designed to improve the professional competence, expertise, and abilities of women members. In order to help needy students, ICAI has expanded its education support fund, which can help prospective female certified public accountants who are struggling financially.
Women have continuously performed well on the CA tests, and several of them have achieved significant positions. More women are encouraged to enroll in the training as a result. Women looking for work have benefited from the expansion of the scope and demand for accounting experts brought about by India's rise as a global center for outsourced financial services.
Support our journalism by subscribing to Taxscan premium. Follow us on Telegram for quick updates
