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Difference b\w'' CA'' and '' ICWA''

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  Hey , anybody please let me know the difference between ca and icwa  . Do  both have same career opportunity , employment, economic gain  and also which course is the best ? PLEASE REPLY PROMPTLY YOUR  REPLIES SHALL LET ME PICK  MY WAY !!!!!!!!!!!!!!!!!!!!!!!!!!!!................

Replies (2)

CA vs. CWA

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

bullet

analysing risk and design of efficient financial system

bullet

taxation and auditing work

bullet

finalising and certifying the annual reports and balance sheets

 

bullet

assessing the feasibility of projects vis-à-vis available funds

bullet

designing cost control and management system

bullet

suggesting effective cost cutting measures

 

specific skills

bullet

logical and methodical approach in work

bullet

attention to details

bullet

patience and confidence to handle responsibility

 

bullet

analytical mind to interpret facts and figures

bullet

logical approach in work

bullet

attention to detail

bullet

ability to communicate expressly and clearly

 

which to choose?

If you are extremely good at accounting and number crunching, and wish to make a great career out of it, go for CA.

 

If you are comfortable with accounting and interested in cost management part of it, cost accounting (ICWA course) would suit you.

 

 

 

 

Source: https://genwis.com/commerce/compare/ca_vs_icwa.htm

Oh you are asking to differentiate between Gate 1 and Gate 2 of Hell !

ICWA - CA = IW so IW is perhaps the only difference.


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