Hi,
Accounting maestros now occupy centre-stage in an organisation, enjoy a glamorous image and are powerful figures in companies by virtue of their numerical skills.
The bodies responsible for educating and training professionals in the respective fields are different, and work independent of each other. While a cost and works accountant (CWA) is trained by The Institute of Cost and Works Accountants of India (ICWAI), a separate statutory body, The Institute of Company Secretaries of India (ICSI), churns out company secretaries (CS). In both the professions, the statutory powers enjoyed are equivalent.
If you are a 10+ 2 pass student, y
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Hi,
Accounting maestros now occupy centre-stage in an organisation, enjoy a glamorous image and are powerful figures in companies by virtue of their numerical skills.
The bodies responsible for educating and training professionals in the respective fields are different, and work independent of each other. While a cost and works accountant (CWA) is trained by The Institute of Cost and Works Accountants of India (ICWAI), a separate statutory body, The Institute of Company Secretaries of India (ICSI), churns out company secretaries (CS). In both the professions, the statutory powers enjoyed are equivalent.
If you are a 10+ 2 pass student, you are eligible for registering in any of the two courses. You also earn stipend, the amount of which depends on what the company chooses to give you.
CWA is a multiple-entry course. A foundation level entrant may take a minimum of three years to complete the course if he clears the exam of each stage in one sitting.
As a CWA, you will maintain and scrutinise statutory books of accounts, prepare cash budgets, cash flow statements, do cost management planning and determine costing policy for companies, besides advising on investment and profit-planning. Good computing skills is a must for rendering services efficiently. ICWAI has more than 1,65,000 students and more than 40,000 qualified members who currently hold positions such as financial and business analysts, financial directors and consultants across sectors.
A CS is a vital link between the board of directors, shareholders and government and other agencies, with expertise in legal matters, securities law, capital market and corporate governance. They are responsible for all regulatory compliances of a company. All three professionals can choose to work for an organisation or practise independently.
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Hi,