CA AND CS WHAT DIFF

• CA means Chartered Accountant and CS means Company Secretary.
  
  
• Both are professional degrees difference between them-
  
• 1. A CA is a member of the Institute of Chartered Accountants of India and is governed by the Chartered Accountants Regulation Act while a CS is a member of The Institute of Company Secretaries of India.
  
• 2. A person can become CA after passing exams conducted by the ICAI(The Institute of Chartered Accountants of India) and a person may become CS after passing exams conducted by the Institute of Company Secretaries of India.
  
• 3. In India it is only a CA who can conduct various statutory audits, audit under Income Tax Act called Tax Audit etc. A CS is not capable to do so.
  
• 4. A CA may also appear before various appelate authorities of direct and indirect tax departments like The Commissioner of Income Tax (Appeals), Income Tax Appealate Tribunal etc and can defend his client like a lawyer but a CS may not do so.
  
• 5. CA must have thorough knowledge of Accounting, Taxation(both direct and indirect), Auditing and various corporate laws like the Companies Act as well as Financial management and costing. A CS must have good thorough knowledge of all the corporate and labour laws and other such laws and working knowledge of Auditing, accounting, costing and financial management.
  
• 6. The scope of practice and work of CA is more than that of a CS.A CA may practice taxation, auditing, financial management, project consultancy and a huge number of other such services. The scope of practice is limited for a CS which relates to corporate affairs like dealing with ROC and other such legal bodies and maintaining of various statutory records and returns of a company and legal matters of a company.
  
• 7. In my opinion CA is better than CS if u r a student and generally speaking a CA is more qualified(on an overall basis) than a CS. This is my personal view point.

good

Nita Patel
CA IPCC Student
[ Scorecard : 117]