Which is better CA or ICWA?

Hi Ragu, Both Chartered Accountant and Cost accountant are very much vital for firms of all sectors. While a Chartered accountant deals with the chief financial work within an organization, a ICWAI candidate is concerned with the cost accounting part of pecuniary transactions. Even as a Chartered accountant analyzes the risk and designs an efficient financial system, a cost accountant designs methods for the control of cost methods inside a firm. If you seek for an independent job such as professional accounting, CA will be better suited as the opportunities to practice privately are more in that profession. CAs work includes maintaining accounts in a firm, Accountancy, Auditing, Taxation, Investigation and Consultancy. Accounting and Financing are integral part of any business establishment, whether it is public sector or private sector. CAs are therefore highly in demand because of their capability to provide complete business solution. A career in Chartered Accountancy is much sought after because they possess the knowledge of identifying risks and designing control mechanism to counter those risks. <a href="https://banking.shiksha.com/ca-courses-in-chennai-categorypage-4-77-1-0-0-64-123-2-0-none-1-0" style='word-wrap:break-word;'>https://banking.shiksha.com/ca-courses-in-chennai-categorypage-4-77-1-0-0-64-123-2-0-none-1-0</a> If you are looking to join a manufacturing firm, you can choose Cost Accounting as this will present you with more than enough opportunities to utilize methods of cost controlling. ICWAI- The Institute of Cost and Accountants of India (ICAI), formerly known as ICWAI (The Institute of Cost and Accountants of India) is the only recognized statutory professional organization and licensing body in India specializing exclusively in Cost and Management Accountancy. ICWAI provides training programmes in areas of cost and account management and contributes to the economic and industrial development of the nation. Cost and Work Accountancy can be studied after +2 or after graduation with the institute. Courses offered at ICWAI are divided into three stages: Foundation, Intermediate and Final. <a href="https://banking.shiksha.com/icwai-courses-in-india-categorypage-4-81-1-0-0-1-1-2-0-none-1-0" style='word-wrap:break-word;'>https://banking.shiksha.com/icwai-courses-in-india-categorypage-4-81-1-0-0-1-1-2-0-none-1-0</a> <a href="https://www.shiksha.com/career-in-icwai-article-4663-1" style='word-wrap:break-word;'>https://www.shiksha.com/career-in-icwai-article-4663-1</a> Select the course as per as your aptitude. A lot will depend upon the outlook and your objective in doing the course. Hope it helps. Please feel free to revert. Click on the thumbs up or mark it as the best, if you found this useful. Wish You Luck!

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