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CIMA or CISA or CFA or ACCA which is best??

CA N.Dhivya Lakshmi (Chartered Accountant) (515 Points)

07 February 2011

Hiii frnds........

I ve completed ma articles and am currently in ma CA FINAL..

Am a B.Com graduate tooo.

I jus want to know which alternate course can be pursued so tat it cud be worth for me in ma career.....

Is it CIMA or CISA or CFA or ACCA?????

Am so confused abt dis and i really want somone to clear me out..........

Waiting for replies........

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4 Replies

Mukesh Choraria (Professional Motivator) (853 Points)
Replied 07 February 2011

Wow that seems to be a lot of options>>>>>>>>>>>>>>>>

But i can see only one big thing that is CA>>>>>>>>>

Well in the Global world ICAI is not left behind and its taking ample care to work out with other accounting bodies of the world.

ACCA,CFA, CIMA all may look great.

But if you are asking for Carrer any thing apart from CA will not give that much advantage as it would give to a person who is doing any of the course alone.

The reason being ACCA wont allow u to Audit in India,not will CFA

but they will allow good option out of INDIA.

Just FOCUS on CA clear that and then take anything after that...........

GO FOR KNOWLEDGE not FOR NAME>>>>>>>>>>>>>>>

EVEN MANY IIM Graduates are not BEST @ all things ............

BALASUBRAMANYA B N (CCI STUDENT....) (44668 Points)
Replied 07 February 2011

CFA (USA) IS THE BEST WITH CA AND HAVE WORLD WIDE SCOPE..IF YOU GO INTO FINANCIAL LINE THEN IT WILL BE USEFULL FOR YOU..

IF YOU WANT TO GO PURE ACCOUNTS SIDE AND IF U WILL WORKIN ABROAD THEN CPA R ACCA..WILL BE GOOD OPTIONS..IF YOU COMPLETE CA AND TAKE CPA THEN YOU WILL GET PAPERS EXEMPTION...

CISA IS CERTIFICATION COURSE EVEN YOU CAN DO THAT WITH CA AND CFA..

CIMA IS FULLY MANAGEMENT COURSE, IF YOU DONE CWA YOU WILL HAVE EXEMPTION IN THAT COURSE..

(Guest)

Since u are writing CA Final in May 2011, better concentrate on it alone for the next 3.5 months. Regarding additional course, after appearing for CA Final, read "From CA to CEO" by CA.V.Pattabi Ram so that u can get an idea on what type of career u want to do after CA apart from the non traditional areas and do the course which that career demands accordingly. Thats it. All the Best.

rohit (Financial Controller) (26 Points)
Replied 23 January 2023

Each of the certifications you mentioned (CIMA, CISA, CFA, and ACCA) are highly respected and can lead to successful careers in finance and accounting. The best choice for you will depend on your individual interests, career goals, and the type of work you want to do.

CIMA (Chartered Institute of Management Accountants) is a professional certification for management accountants and financial managers. It focuses on financial and management accounting, and is particularly relevant for those who want to work in industries such as finance, consulting, and corporate management.

CISA (Certified Information Systems Auditor) is a professional certification for information security professionals, and is focused on the audit, control, and security of information systems. It is particularly relevant for those who want to work in information security and IT audit.

CFA (Chartered Financial Analyst) is a professional certification for investment professionals, and is focused on investment analysis and portfolio management. It is particularly relevant for those who want to work in investment management, research, and portfolio management.

ACCA course is a professional certification for accountants, and is focused on financial accounting and reporting. It is particularly relevant for those who want to work in accounting, auditing, and tax consulting.

It is best to research more about each of these certifications, and see which one aligns better with your career goals and interests, also you may take the advice from a professional or a mentor in the field.