Q&A: CA(SA) salary, and how to become one.
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- Опубліковано 4 лип 2024
- let's connect on LinkedIn: / mpho-makhubele-ca-sa-4...
Timestamp
0:00 Intro
1:00 How do you become a CA(SA)
5:12 How much do CA(SA)s earn
8:18 My CA(SA) Journey
12:41 Advice to (aspiring) Chartered Accountants
14:47 Outro
Video mentioned: Is being a CA(SA) worth it? • Is being a CA(SA) wort...
Robert Walters Salary Survery: engage.robertwalters.com/indi...
Disclaimer:
Please note that presented herein are my own, not my employer or any associates. #WeAreNedbank
About Mpho
I am CA(SA), wife, mom of two, property finance specialist.
On this channel, I make business and career themed videos. Occasionally, I also chat about everyday life things.
For enquiries, you can contact me on Mphomakhubele.za@gmail.com
#saica
When she said IM A CA(SA) i was like "God i copy and paste"
Love this video. So informative!
Thank you for this video 🙏🙏
This video is BRILLIANT! Thank you Mpho!
You are such a beautiful and strong lady, your working and studying story just proves how soft I am 🤦🏾♂️. I am inspired
I am always humbled and inspired by your journey Mpho.
Thanks, Sofia 🤎
Sjoe sis'Mpho, you're an inspiration! Amazing to hear some of your back-story. Thank you for sharing!
Thanks Jono!
Very informative, thanks Mpho
Pleasure :)
Great video
I have been finding your videos to be very informative
I'm glad! Let me know if there's anything specific you'd like to see :)
I have literally watched so many CA videos and I can't even tell you how much I appreciate your content and the fact that you take time to respond to our questions - You do good work thank you so much
I am soo glad. Thanks back to you for watching 🤎
very interesting.
could you please give us a video of your CA journey, starting from first year to qualifying as a CA.
I love CAs a lot, I wanted to be a CA, i was so obsessed with becoming a CA when I was on matric, I guess I want meant to become a doctor because I am on my 5th year now. I will probably marry a CA to close that gap.
The last sentence? I have friends...😅
Marry me😥🤣🤣
I’m currently in my third year and it’s not looking good. I think I’ll also lose my bursary. Thanks for your story. Inspiring
All the best! Hopefully you come out okay...🙏🏾
Thank you for sharing this story. Im here looking for inspiration I’m in my 3rd year rewriting. Struggling with balancing family/ children and work. Feeling defeated however qualifying has been my life long dream. Any insight you can share will be appreciated 🙏
❤
More CA content please
I want more CA content
Hey, new subbie here
I love your advice. I often feel bad for not pursuing the CA (SA) journey becoz i tend to see so many stories about CAs talking about how worth it CA is and how great the salary or work is. For me that journey brought so much loss and pain and mental health problems And I often find myself worrying if I made a big mistake for not pursuing it. And also I tend to worry if I'll have a great job that's not me being a CA. So I love that you reminded me that I should continue looking for what I'm looking for and not being stuck and thinking CA is the only career path I should follow
Hey Charmaine, this made me smile.
I am so glad you found value in the video.
I am glad you prioritized your mental health. Career success comes in many shapes and forms, and I wish you the absolute best🤎
I'm currently in UJ doing my second year in Bacc I'd really love some advice
This video really helped alot.i finished matric last year and i am taking a gap year.im fighting with myself over bsc computer science and bcom accounting.i'd really like the ca(sa) qualification behind my name.but im afraid that it will take too long and i wont get paid enough.rather take computer science and start working.but ca(sa) pays way more.so according to ur friend who did engineering.if i do a bsc in computer science will i be allowed to pivot to a pgda?
Computer science vs accountancy, in any case I think you will okay.
If you started in computer science, you should be able to come back to accounting. Either way, I think you'll be fine 🙂
Hey Mpho, you mentioned that you can get a 5 year contract for your articles while studying, so I wanted to know if its possible to get that with just a diploma, I have applied for CT1 at UNISA for 2024.
Thanks for the information i just to know and understand as to what exactly is the difference if someone is working as a CA at a bank, a CA working at the big auditing firms and a CA working at SARS ??
The difference is the "duties" they perform really. CAs at a bank will also have varying experiences because the bank offers vast options.
At banks, you find credit managers, bankers (i am here), those in finance and even audit.
I actually realize I could never explain very well on here but feel free to email me, Mphomakhubele.za@gmail.com, we can chat further there.
Hi Mpho. Highly appreciate the video. Question, what is the difference between post articles experience and post qualification experience and how much does this affect salary/compensation?
I think it's the same thing. Unless I am missing something?
Does UJ accept Higher certificate in Accounting to study that degree?
Hy Mpho for someone who would be in their mid 30's and wants too study bcompt financial accounting through Unisa do they stand a chance on doing CTA and the articles, cause mostly we're confused about who will employ us
I am sure more "older " people have joined the CA world, or any other world of work for that matter 😅
If you want to, go for it 🤎
LMFAO yo my mans hooked you with a Polo though??!!!! That's HILARIOUS B!
A Polo! 🤣
hey how does one become a CA with a financial science degree. I heard after your 3 years undergraduate in financial science one has to do a bridging course for one year known as BCTA then do CTA/PGDA (POST GRADAUTE DIP IN ACC) for a year which is equivalent to honors. then you do articles for 3 years.
Yes thats what you have to do
Hello i would like to know if I'm an educator teaching commercial subjects(accounting,economics n business studies).....Will saica reduce articles?or I'll start from scratch?
Hey Bakoena, not sure.. SAICA does have a recognition of prior learning (RPL) program. They'd need to determine whether the work done falls within their competency framework. Get in touch with them to find out.
Hey mpho, im currently studying BA(hons) Accounting and finance in botswana. Can i be a CA?🥺🥺
Does RPL have to be accounting/finance related only? Are other fields recognized?
Hello!
I'm actually not too sure. You would need to demonstrate how SAICA's competencies have been met through the previous work you did. If your training office is comfortable that the previous role covers skills being "trained" as part of the training program, you should be okay.
Are you currently in a non accounting role, looking to join a SAICA training office?
Hi Mpho. Boston city campus has been recognized by SAICA. Is it advisable to follow the CA stream there or University are better? Thanks
Hey :)
I know their undergrad has been accredited, but is their CTA/ post grad programme accredited as well?
I actually don't know if an undergrad from a university would be better (because also, not all universities have been made equal in terms of the quality of their programmes.)
I would say:
- consider an institution that is accredited for both undergrad & postgrad, so as to minimize risks of not finding a spot at another institution for your postgrad
- judge institutions by their ITC/ APC performance. Top performers for the Jan '22 ITC exam were University of Pretoria(99% pass rate), Stellenbosch (96%), NWU (95%), UCT (89%), Wits (88%), NMMU (83%), UFS (76%)... UJ had a 73% pass rate
Unisa was worst performer with 20%. I bring Unisa up because most people from institutions without an accredited postgrad end up going with Unisa (due to stricter requirements & limited space from other institutions)
I hope the above helped!
@@mphomakhubele iyoh Mpho this was really helpful, your answers are pretty much clear, you are a genius, I think I'll need you gmail address, I still need more information on the CA(SA) stream
Where can one do their articles without CTA?
Hey,
Many firms would be willing to accommodate this, but they'd need to trust that you would be able to juggle studying with work.
Because of the competition in the bigger firms (with more candidates wanting to train there), I think one would be more likely to secure a spot in the smaller accounting firms.
Go for the firm/company you want, and ask the question.
What happens if you failed your first year do still have a chance and what are marks expectations for someone studying bcom accounting
You still have a chance even after failing first year :)
In terms of marks expectations, do you mean marks required to move into the next year within the CA course? If so, it depends on the institutions.
I am not too sure how things work now but previously in my time (and that's over 10 years ago😬), UJ had a 60% requirement for accounting, and if I remember correctly a 55% average overall for you to remain in the CA stream the next year.
I hope I've answered your question 🤎
Hello
Hey
Hi
Is it possible to Go from advanced Diploma to CA without starting from scratch???
Hello, hi!
My suspicion is that it should be... please check with SAICA on what the process would be.
Hey, mpho. Stumbled upon this video and i found it to be really informative. Can you be my personal mentor, if you dont mind?🙂🙏🏽
Glad you are finding value. On your last point, as soon as I have some time, you will be one of the first people I contact 🙂
The South African route to being a chartered accountant is a very long one compared to other countries
Please tell us more
It does seem pretty long! I don't know about other countries though so I can't comment 😅
Hello Mpho
You said the guy did engineering course not accounting and he was accepted to do bridging to CTA?
Yep! I just stalked him on LinkedIn so now have more info... 😅
- He did his B.Eng at UCT (4 years)
- Accounting conversion course at UCT (not UJ as mentioned in the video, but same same. This was for 1 year)
- Did his CTA at UJ and passed it first time around.
😊
@@mphomakhubele thank you
Do you think studying through unisa will impact if i get into the big 4? Like pwc/kpmg/delloite(which is my dream firm i have no idea why/ey. I heard employers are biased towards ppl who studied through unisa
Hey :)
I don't know whether the big 4 would turn you away only on the basis of where you studied. If you have a SAICA accredited qualification, you should be okay. In fact, I know a number of people who were with me at EY, and some at other firms, who studied at UNISA.
Maybe check with people who went through the experience.
I am 26 years old and hold a honors in Economics. I want to venture into CA and I want to know how to go about in the best way?
Hey Sipho, please email me... Mphomakhubele.za@gmail.com. So I can understand better and we can chat in detail.
❤
Hey mpho am at unisa 2nd year in Bcom business informatics... after am done with this degree can i do a bridging course? And also with the non cta programs do you earn a salary? If so do you maybe have an estimate? Asking kindly 😊
Hi Vinolia, with regards to the bridging course, I'd say get in touch with the institution you are considering and ask them if you'd qualify. May also be key to do it now so that should they want you to take on specific/additional modules, you still have the time to do so.
With regards to training programs without CTA, I think they are paying jobs. The amount would depend on the size of firm you are with. If I had to estimate (lol, and this is a veeery rough estimate...😅), I'd say between R6k - R10k as a starting salary. Don't rely on this estimate for anything pls 🤣
@@mphomakhubele thank you so much for your reply❤️❤️❤️
@@mphomakhubele yes you can, you can do the Advanced certificate in Accounting(90017) then the Advanced diploma in Accounting Sciences then the postgraduate diploma/honours in Accounting, then articles.
did you undertake accounting as a subject at Senior school?
I didn't, only got introduced to accounting in varsity.
@@mphomakhubele well that's my worry, I have a feeling that I'm disadvantaged for not taking accounting as a subject at senior school...Well if if you've managed to do it then I shouldn't be doubting myself 😔.
@@Kgosi_Masejane first year was spent covering some of the foundational concepts, and I remember our lecturer saying that those who didn't study accounting were at an advantage. We took it seriously from the get go, while those who thought they knew the concepts from high school relaxed a bit. You will be fine.
P.s. got a distinction for my first ever accounting test!
@@mphomakhubele well if you say that, then things should be easier for us who didn't study accounting at Senior school 🙏🏾. Thank you so much for sharing, I hope we will engage more on this topic...I'm starting my school next month so I was doing my research on what to expect from the course (CIMA). Thank you!
I'm doing Bcom accounting 3rd I'm confused to do BCTA or do CIMA ? ANY ADVICE
I think it depends on what you want to do in the future. CA(SA) gives you a broader experience, so you can work as a management accountant as well, while CIMA is more focused on cost and management accounting (vs financial accounting).
CIMA also excludes audit in my understanding.
I think check the types of jobs you want to get into, and the qualifications they require (LinkedIn would be a great way to check this)
@@mphomakhubele thanks🙏
You did not want to be a CA because you wanted to drive a Polo 😂😂😂😂😂😂!!!!!! That's hilarious..
Listen, a solid reason 🤣😂