ankita

Hello sir I m 26 year old passed my tybcom and I m also trying for ca and I m working in an institute to reach accounts and tax but I m confused what to do...now i was thinking to do icwa


by ankita
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RE: Hello sir I m 26 year old passed my tybcom and I m also trying for ca and I m working in an institute to reach accounts and tax but I m confused what to do...now i was thinking to do icwa

Meghna Mukherjee
Meghna Mukherjee
Verified Career Expert
Counselor at Adaptive Minds
  • Mumbai

Hello Ankita, 

Why do you wish to sail in two boats at the sametime.

Either CA  or  ICWAI. Concentrate on.just one so that you fair best in it. Rather than focusing on.both and scoring the worst.

Choose any one of them.

Wish you good luck...

 

RE: Hello sir I m 26 year old passed my tybcom and I m also trying for ca and I m working in an institute to reach accounts and tax but I m confused what to do...now i was thinking to do icwa

Dr. Anand Wadadekar, PhD
Dr. Anand Wadadekar, PhD

Dear Aspirant,

It appears that you have passed BCom very late at the age of 25/26. Why was this late in passing the graduation?

It is nice that you are teaching accounts and tax in an institute, which indicates that you have a good command over those subjects and also that you liked them while in your college and then chose to teach it to future students.

You say that you are trying for Chartered Accountancy course but are confused since you are also feeling the CMA would be also good (ICWA is no more, it is now called as Cost & Management Accountancy).

If you are interested in pure accounts, audit, taxation, then I would suggest that you should go for Chartered Accountancy. CMA would lead you to a different area of accounting and mainly into manufacturing or industrial where Cost Centres and Costs are important. CMA are only specific to cost and their audits, etc. Chartered Accountancy is an over all expert and gives more scope and opportunities in the accounting, tax and audit world.

I would suggest that you should stick to your main competence area which I feel is accountancy, taxation. Since you teach also, ensure that you clear Chartered Accountancy with minimum attempts.

Best wishes

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