Difference between icwa and ica

others 869 views 7 replies

Nisha Bangera

Training Executive

26 Points Joined February 2015

Hi,

My name is Nisha and I am new to this forum. Its almost 10 years I have finished my B.Com. I have been working as training executive. I want to pursure my career in Finance field. I want to do my CA or ICWA (one of them). I did a detailed checking and I found out for CA after finishing my IPCC exam I need to do Articleship, which means I have to work under recognized CA's to get myself authorized for final exams (offcourse I have to pass IPCC) and ICWA there is no such requirement. I want to do this on my own and that is possible only when I have some money in my hand. I have heard that during Articleship they dont pay much. I need a guidance from the experts on this.

Kindly suggest me on this.

Also help me to understand what is the difference between ICWA and CA and can we only discuss about CA in this forum.

Regards,

Nisha Mohan

Replies (7)

Varun

none

379 Points Joined December 2012

For namesake this caclub...actually all finance professoinals use this platform madam...

Ur CA articleship may not pay u much...maybe 5000-6000 in a medium firm and 8000(1st yr)-18000 in last year of articleship in a big 4 firm.

However,ur salary after passing CA will be atleast 50000-65000 to start of depending on ur CA career credentials.CWA/CMA may not fetch u much salary...but is a very good qualification.

CA is more tax,auditing and accounting centric,while CWA is more on Costing.

CA is however more challenging madam!

Nisha Bangera

Training Executive

26 Points Joined February 2015

Thanks Varunji for the response. I wanted to check one more thing. I have small doubt on this articleship. When do we start doing it. Because as in have already completed my B.Com, I can directly enter into IPCC right. Is article ship to be started the moment I enroll my self or is it after completing group one.

a.kumar

B.Com

341 Points Joined December 2012

You can start your articleship only after completion of group 1 of IPCC

a.kumar

B.Com

341 Points Joined December 2012

You can start your articleship only after completion of group 1 of IPCC

Yogita

Partner

434 Points Joined August 2012

In case of Direct Admission to Inter CA you can start your Articleship directly even withut completing your Inter

Varun

none

379 Points Joined December 2012

U can start articles as soon as u enroll under direct entry scheme...thats the very purpose of direct entry scheme.

If u start articles after passing 1st group,u will waste 1 year as u can write exams only after 9 months since registering under direct entry scheme and wait 2-3 more months to get results.

Just choose a medium firm for articles and ensure that they give u atleast3 months leave for exam preparation