#1
13th October 2012, 12:20 PM
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Difference between cost accountant and chartered accountant
Ten difference between cost accountant and chartered accountant?
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#2
3rd November 2012, 03:11 PM
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Re: Difference between cost accountant and chartered accountant
what is the difference between chartered accountant and cost accountant
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#3
23rd January 2013, 07:28 PM
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Re: Difference between cost accountant and chartered accountant
Difference between cost
accountant and chartered accountant |
#5
19th September 2013, 02:58 PM
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Re: Difference between cost accountant and chartered accountant
Hello friend,
Difference between cost accountant and chartered accountant is, Cost Accountancy gives more weight-age to Cost Accounting as a subject. Or you can say that it is like professional degree with Costing/ Cost Accounting as a major subject. I hope you know what Cost Accounting means. This is allocating costs to each unit produced. This is more useful in manufacturing industries. Cost Accountants can do Cost Audit which is compulsory for certain manufacturing companies under the Companies Act, 1956 in India. -->As against this, Chartered Accountants get specialised knowledge in Taxation and Auditing. They have to undergo practical training under a qualified Chartered Accountant. They do the financial auditing meaning auditing the books of accounts. All companies need to get their accounts audited by a qualified Chartered Accountant under Companies Act 1956 in India. Further under the Indian Income Tax Act, any entity having turnover exceeding a certain threshold are to be audited under that Act. We can list a lot of such things but I have given fundamental differences. Hope your are reasonably clear now. |
#6
24th October 2013, 11:57 AM
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Re: Difference between cost accountant and chartered accountant
icwa students also studying income tax as well as indirect tax then why are icwa institute saying if icwa students goes to articleship only students goes to cost accountant and cost accountant firm (or)any organisations. if icwa students goes to chartered accountant firm they cannot appeal the final examinations.
sir plz tell me the reason for this... |
#7
25th October 2013, 11:50 AM
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Re: Difference between cost accountant and chartered accountant
Hiiii friend.......
Chartered Accountancy (CA) is one of the most highly wanted courses in India. It is important for students to register with the institute of Chartered Accountants of India to appear for the examination. Eligibility: If you have passed 10+2 from any stream from a recognized school, you are eligible to apply for the Common Proficiency Test (CPT). Duration: The course period is 1 year. Subjects: the topics include basic knowledge of Accounting, Economics, Mathematics, Statistics, and Mercantile Law. Cost Accountancy : A cost accounting degree equips you with the knowledge on how to manage finance competently and ensure managerial decisions are well within the available resources. Eligibility: A student from any branch after having passed the 10+2 examination is eligible to appear for the Foundation Course. There are two levels after the Course: the Intermediate and the Final Examination. |
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