CA vs ICWA

Chartered Accountancy

ICWA - Cost Accounting

scope of study

In depth knowledge on every aspects of accounting, auditing and taxation.

Understanding the role and aspects of cost and financial management to ensure a fine balance between expenditures and available resources.

area of specialisation

CAs are involved in core accounting work, looking into day-to-day business.

Cost accountants are involved in the costing part of financial transactions.

work

specific skills

which to choose?

If you are extremely good at general accounting and number crunching, and wish to delve more into it, go for CA.

If you are interested to be a specialist in  cost management rather than general accounting, cost accounting (ICWA course) would suit you.