Don't waste your time here, lets comment on Study related topic
Dipankar DasSharma
(Practicing Cost Accountant)
(34 Points)
Replied 27 December 2011
Mr.Rashid are you aware of the input output data of ICWAI & ICAI,people like you some times pass such exams for variety of reasons,but that does not mean everybody can get through. Many of my friends are a Qualified CA,but still struggling yo Pass Even Inter of ICWAI.
And for your kind information I am not only a Qualified Cost Accountant ,I am Also a Qualified CA and CS too. And I am solely Practicing as a Cost Accountant and doing pretty well.
Subramanyam Challapalli
(BOM)
(105 Points)
Replied 27 December 2011
Dear All,
It is very simple. Instead of comparing exams, syllabus and passing percentage. Let us understand the interest of particular candidate.
If you are interested in costing then join cwa
If you are interest in full fledged accounting package then join cwa.
My personal Experience:
Fact should be accepted anyhow.
CWA exams is easier as compare to CA. I am comparing here exams and not about an institute.
Keep in mind. ANYTHING WHICH YOU WOULD LEARN SHOULD BE INTERESTED. :)
Dhirendra Kumar Asthana
(Business)
(30 Points)
Replied 27 December 2011
Comparing CA and CWA seems to be foolish. Choosing CA or ICWA depends on ones interest. Students should check the syllabus of both the courses and should opt for the course whose syllabus seems to be interested and of their choice. Both the courses are prestigeous.
SOUMEN
(Student)
(41 Points)
Replied 27 December 2011
Prasad
(GENERAL. MANAGER-FINANCE)
(108 Points)
Replied 27 December 2011
I have tried to put a comparison of the course curricullum of both institutes. Qualifying any professional course depends on so many factors like first or second batch of compulsory new syllabus, last or last but one batch of old syllabus, market demand-supply ratio etc.So request you not to generalize this scenario.
In 2006 during the last batch of the old syllabus in CA exam we saw the % of passing shot up to around 40%. Can we justify this as a regular feature for CA exam? It was an exception. Same thing might have happened with ICWA . Questions might be set easier as it was a new syllabus.
Please staty away from comparing the toughness in courses of the three institute. We will end up no where. All the three institutes are unique in nature and equitable in demand.
anubhav
(article)
(30 Points)
Replied 27 December 2011
Both these institutions have been in existance over 50 years now, i guess there is one thing for all CWAs, who compare them to CAs to understand. People sitting in board of directors OR Government are not FOOLS that they hire CAs for better packages just because of the legacy that CAs carry. For passing CA one has to touch human limits of concentration, devotion and patience, for me it is not just an exam it is an experience of a life time.
I dont know much about CWA exam and the level of concentration required to clear it. All i know is that i know 5 people who managed scoring a Rank in CWA Finals and Struggled hard to clear CA, few of them are still struggling. That in itself will give you a picture of level of the course.
I would advice ICWAI to concentrate on the content of the course rather than competing with ICAI on small issues which our institute never even cares for.
CA Anubhav Srivastava
Dipankar DasSharma
(Practicing Cost Accountant)
(34 Points)
Replied 27 December 2011
Mr CA Anubhav Srivastava,
You might be very poor in statistics or may be your ICAI havn't tought you enough on it.
Go and check the placement of ICWAI,all Navratnas and PSU are hiring Cost Accountants and Also check your ICAI placement cell,that how many Navratnas and PSU has hired CA.
But one thing you rightly said "People sitting in board of directors OR Government are not FOOLS "
Dipankar Das Sharma, AICWA,CA,CS
anubhav
(article)
(30 Points)
Replied 27 December 2011
Both these institutions have been in existance over 50 years now, i guess there is one thing for all CWAs, who compare them to CAs to understand. People sitting in board of directors OR Government are not FOOLS that they hire CAs for better packages just because of the legacy that CAs carry. For passing CA one has to touch human limits of concentration, devotion and patience, for me it is not just an exam it is an experience of a life time.
I dont know much about CWA exam and the level of concentration required to clear it. All i know is that i know 5 people who managed scoring a Rank in CWA Finals and Struggled hard to clear CA, few of them are still struggling. That in itself will give you a picture of level of the course.
I would advice ICWAI to concentrate on the content of the course rather than competing with ICAI on small issues which our institute never even cares for.
As far as Cases like satyam is concerned i guess people should understand that such cases happen everywhere ie politics, business and beaurocracy. And just because some one had done something wrong that does not means everyone is wrong.
WHY DONT PEOPLE TALK about Kingfisher airlines case where auditors revealed that Going concern does not holds good and company cant survive if Promoter dont induce money ?
And what about the SKF Finance case where auditors revealed a fraud ?
Probably because it is more glamorous to blame people of high repute and knowledge for their petty mistakes rather than praising them for the good that they have done
I would like to advice all CWAs to please register themselves for CA and appear for CA exam. When they will study the so called less and easy syllabus of CA final along with doing articleship they would them self realize what being a CA is all about.
CA Anubhav Srivastava
anubhav
(article)
(30 Points)
Replied 27 December 2011
Both these institutions have been in existance over 50 years now, i guess there is one thing for all CWAs, who compare them to CAs to understand. People sitting in board of directors OR Government are not FOOLS that they hire CAs for better packages just because of the legacy that CAs carry. For passing CA one has to touch human limits of concentration, devotion and patience, for me it is not just an exam it is an experience of a life time.
I dont know much about CWA exam and the level of concentration required to clear it. All i know is that i know 5 people who managed scoring a Rank in CWA Finals and Struggled hard to clear CA, few of them are still struggling. That in itself will give you a picture of level of the course.
I would advice ICWAI to concentrate on the content of the course rather than competing with ICAI on small issues which our institute never even cares for.
As far as Cases like satyam is concerned i guess people should understand that such cases happen everywhere ie politics, business and beaurocracy. And just because some one had done something wrong that does not means everyone is wrong.
WHY DONT PEOPLE TALK about Kingfisher airlines case where auditors revealed that Going concern does not holds good and company cant survive if Promoter dont induce money ?
And what about the SKF Finance case where auditors revealed a fraud ?
Probably because it is more glamorous to blame people of high repute and knowledge for their petty mistakes rather than praising them for the good that they have done
I would like to advice all CWAs to please register themselves for CA and appear for CA exam. When they will study the so called less and easy syllabus of CA final along with doing articleship they would them self realize what being a CA is all about.
CA Anubhav Srivastava
anubhav
(article)
(30 Points)
Replied 27 December 2011
Mr. Dipankar Das Sharma
My institute thinks of future rather than concentrating on Past statistics, so Yes you are absolutely right ICAI has not taught me Statistics.
People with less qualification are always hired in Bulk, you must be knowing the placement record of IT companies who hire B. techs.
To quote "Statistic" ITC limited hires CWA foe 5.5 and a CA for 13.5.
In my company CWAs are getting 3-3.5 CAs are getting (as a fresher) 8-8.5.
I hope you are satisfied My statistics
Prasad
(GENERAL. MANAGER-FINANCE)
(108 Points)
Replied 27 December 2011
Mr. Anubhav- last year one company called EID Parry offerred Rs.13 lacs to one ICWA freshers.
In our company we do not discriminate the CA and ICWA and we offer them same packege and our board members are not FOOL.
Dipankar DasSharma
(Practicing Cost Accountant)
(34 Points)
Replied 27 December 2011
Mr.Anubhav,
Kindly give the Address of you company,I will give to my CA/ICWA qualified freinds ,who are struggling very hard for a job.
These degree never earn any Money,it's the Human brain which earn,
And if you are Judgeing any Stream just by the Salary they Earn, then you are the least qualified person in this world..
This thread has been closed.
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)