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Querist : Anonymous

Querist : Anonymous (Querist)

30 March 2012 hi i am b.com cfa(icfai).my age is 26. is it the right time to go for CA ?or shall i go for ICWA at this age? m confused. scope of ca/icwa?

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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30 March 2012 yes Right Time.

Noted please Those who look at an independent career like practicing professional accounting, chartered accountancy would be better suited as the opportunities for practicing are more in that profession. This does not mean that there is no scope for private practice for cost accountants and company secretaries. They too have the option to carry on as practicing professionals. But the avenues available for them are far lesser compared to CA. CA, CWA/ICWA and CS in that order are to be considered if you target this.

Those who look at working in a manufacturing or producing environment may look at cost accountancy as it provides an ample opportunity to think in terms of controlling costs using accounting techniques. Even chartered accountants and company secretaries study cost and management accountancy. But the objective of the course is specialisation in CWA/ICWA and having knowledge in CA and CS.

Those who look at working in an administrative environment dealing with legal aspects may look at company secretaryship as it involves in depth aspects relating to company law and its application to companies.ca,icwa,cs,cima,icma,acca,cpa,accounting,profession
Even cost accountants and chartered accountants study corporate laws. But, they do not study it in as much detail and depth as a company secretary does.

Ultimately what ones interests are and what he/she prefers doing are to be decided by the candidate itself. Any one else would only be able to provide data to enable the candidate to take decisions.

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