CA or ICWAI-Which course is better?
CA and ICWAI are two major courses for students to choose a high flying career in financial management, taxation and auditing. ICWAI focus on costing and financial management where as CA is more to do with tax planning and auditing.
CA Course
Chartered accountancy is one of the most preferred courses in our country. It is acknowledged as the most notable qualification in finance and accounting. Students who have undergone CA courses will come to have very good knowledge on accounting, auditing and taxation. Students who desire to become chartered accountants are required to appear for an entrance exam. This exam is carried out by the Institute Of Chartered Accountants Of India. Those candidates who have cleared their class 12th from any background are qualified to apply for the Common Proficiency Test (CPT).
Chartered accountancy is presented at 3 levels. They are Common Proficiency Test, Professional Competence Course and the Final Course
A Chartered accountant can find employment with some pioneering companies or on go private practice as chartered accountants. Some of the jobs they have involvement are:
- Advise clients on the payment of tax as well as efficient tax planning
- They carry out taxation as well as auditing work
- They interact with both internal as well as external auditors
- They prepare management reports and financial statements
- They prepare the annual reports
There is a huge demand for professional chartered accountants in the present job sector. It is possible for CA to get employed with companies as advisor in the cost control and financial investments. A student who has just cleared CA exams can apply as a team member in the finance department or as the internal auditor of a particular organization.
ICWAI Course
The Institute of Cost and Works Accountants of India (ICWAI) endorses, regulates and enhances the profession of Cost Accountancy in our country. The responsibility of a cost accountant is to collect, examine and collate monetary information from all departments of the firm. A student of cost accounting will have the skill to manage finance competently and guarantee that managerial decisions are well within the existing funds. Those students who desire to appear for the Foundation Course must have a pass in class 12 from any background.
There are 2 levels in the ICWAI. They are: Intermediate and the Final Examination. Every organization requires a good cost accountant. A student who has finished his education in this field can find jobs with leading firms or start their own consultancies. With more experience in this field, it is possible for cost accountants to get top posts within firms. They can get jobs such as:
- Financial Controller
- Chief Accountant
- Cost Controller
- Chief Internal Auditor
Key Difference between CA and ICWAI
Both Chartered Accountant and Cost accountant are very much vital for firms of all sectors. While a Chartered accountant deals with the chief financial work within an organization, a ICWAI candidate is concerned with the cost accounting part of pecuniary transactions. Even as a Chartered accountant analyzes the risk and designs an efficient financial system, a cost accountant designs methods for the control of cost methods inside a firm.
Which course is better?
Students who seek for an independent job such as professional accounting, Chartered accountancy will be better suited as the opportunities to practice privately are more in that profession. Then again, students who are looking to join a manufacturing firm can choose Cost Accounting as this will present them with more than enough opportunities to utilize methods of cost controlling. Students can select the course the want as per as their aptitude. A lot will depend upon the outlook and the objective of the student in doing the course.
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- ICWAI Capital Market Analysis and Corporate Laws Papers
- ICWAI Financial Accounting Papers
- ICWAI Operation Management and Information System Papers
- ICWAI Cost And Management Accounting Papers
- ICWAI Commercial and Industrial Law and Auditing Papers
- ICWAI Applied Direct Taxation Papers
- CFA v/s ICWAI - Which course is better?
- Scope after ICWAI
- ICWAI after 12th
- Difference between CFA and ICWAI
- CS vs. ICWAI - Which course is better?
- ICWAI Applied Indirect Taxation papers
- ICWAI 2011
- ICWA Coaching Institutes
- Director, Joint Director, The Institute of Cost and Works Accountants of India
Do you have any question? Please ask:
44 Responses to “CA or ICWAI-Which course is better?”
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how much year to complete a c.a plz tell me quick sir/madam i have studied in 11th std in commerce group i scored in 92 percent in 10th std plz
I came to know that there is less scope of cma in india
sir, what are the benifits and job opportunities in icwa. and how much salary we earned? And top most jobs in icwa and its uses. plzzzzzz sir reply me… plzzz
sir, please tell me…
which is higher position job between C.A or C.W.A?
What is total course period for C.A & C.W.A?
I am working as an accountant in a company from past 1 year, due to further education i want to withdraw my pf amount but i still working in the same company, is it possible to withdraw pf amount
IS THERE FOR INVESTING MONEY IN THE INITIAL JOB OF ICWAI AND CA ?
I completed my B.Com with 65%marks.i am confused whether to do ICWA or CA.
Can u plz describe the criterias for these two courses?
SIR, I WANT TO KNOW WHAT IS THE COURSE FEE OF C.A AFTER B.COM.
sir surely will o get the job after completion of ca course and to complete ca course how much money will be required
Requested sir/madam, if i completed 12th i will study ca corres?how much salary i will get after writting the ca final course?plz tell me answer quickly plz
I hve complete m.com.can i do icwai nd how much fee i have to pay for icwai
sir,i am persueing b.com final year .i want to join I.C.W.A .I and my fevorate sub. is cost account and income tax. So please you inform me that what’s sellbus and how can i join. My email id- [email protected]
can i do online job after completing final level of icwa?
can i do icwa or ca without taking maths in 12th standard is it benificial for me or not plz tell me as soon as possible
dear sir /madam
i have completed my b.com final year this 2012.please suggest me to go for ICWA OR MBA .BECOZ many institutes are saying that the exemption is not yet passed for graduates .so please………………and my id :[email protected]
sir, i want to know more about ICWAI and about which kind of job get by this and salary.is it a proffestional course.
SIR,i have passed 12th with 92.5% in M.P.C. group and i would like to do CA. but i dont know how to join in this course, so please tell me the details regarding to this.
Dear Madam/Sir ,
I am a C.A. i just want to know whether ICWA is benefial after becoming C.A.?
I am Planning to Do ICWA will it be beneficial ?
ICWAI Salary Pay Scale In 2011
send me a toll free number to know that what course can we take in 11 th to become a chartered accountant….
i have finished my 12th grade. i am interested to do both ca and icwa. is it possible to do icwa and ca Simantaneously?
pls give me some suggestions ans procedures to start
sir, iam icwai discontinued i am eligibule to any job. which jobs r offred me
siri now i am icwai inter discontued iam eligible to any job.in firms
Sir, If I acquire ICWA and MBA (in ugc approved college/university) simultaneously will these be leagl, and accepted public/private corporates as far as job is concerned? Sir, bless me with an appropriate advice.
With regards,
which is the easy and best course in between ca and icwa.
duration of icwai
send me toll free number of icwai?
Sir i m student of science group in tamilnadu . Can i jon CA course after my 12th examination. I need ur suggestion , please give me some idea .
I’m a bsc maths graduate and nw joined icwai course pls snd me previous year question papers and recmded ans. for group.1 inter xam. Pls help me. [email protected]
when join C.A course Cpt Ipcc atc final Exam these are step by step If i will on stage ipcc thats time i can start only ipcc exam or back from start cpt
2. how many times eligible cpt course
i had applied through postal for December but i dint submit test papers on aug 10 .so can i write the exams in jully do i have the eligibility to write it on jully
CS v/s CA - Which course is better?
am doing my bcom(1st yr)wich course is better for me ca or icwa???? am confused.i wish to do any one of this. but the problem is that i opted science in +2. plzz plzzzzzz help me
i m pursuing MBA (finance) with icwa. what’s the scope of it? as a fresher what would be the salary package? what role i can perform?i which industries i get best opportunities?
how to do icwai ofter MBA what is duration & fees structure of icwai about this pls tell me.
Sir,when I will finish my c.a. Will I get good job in company. what is better?to do job in company or personal shop.
Is it possible to do I.C.W.A.T & C.A Simantaneously
I have compleated my icwai intermediate. Can i appear for second time in same ??
Please tell me its important for me
i am b.com final year student iwant to know about sylabusof icwa course and its duration
I AM APPEARED 3 TIME INTERMEDIATE EXAM BUT NOT PASSED SO WHAT CAN I DO.PLEASE ADVICE ME.
Sir,i completed my B.com .i want do icwa,After my degree how many years cwa duration.
i m going to write final exam in may so can i write inter exam in December or not
I have passed ICWAI foundation.how many months needed to do inter? is it enough to take career secured?
How to apply for CA entrance exam?