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Im interested in accounts...just a little nervous because people say that its too tough to learn....help me out....
CA has better prospectus than ICWA inspite of easyness. I saw somany persons doing CA/CWA ,most of them are facing difficulty in passing ICWA than CA. CA syllabus is lessthan ICWA But CA has more prospectus and opportunities. After ICWA you become a Cost accountants.
ICWA syllabus is more. ICWA has Operations Management and Project Management , additional papers along with all papers of CA. CA does not require maths , but ICWA requires maths knowledge.But Chartered Accounted is more preffered over Cost Accountant in India.
Dear Aspirant,
Thanks for approaching us at CareerGuide.com I appreciate your detailed query.
Accounts and Costing are two different things and domains. Both are in demand always and there is nothing like easier or more/less scope. I differ with my colleague here.
If you don't study or dont have the aptitude for these courses, CA or CWA will be tougher for you. Therefore I would suggest you to choose one of them based on your competence, is it accounts or is it costing?
To be best sure of what suits you for your career, I would suggest you to undergo a psychometric test from CareerGuide.com which will help you understand yourself in respect of your strengths, weaknesses, emotional quotient, etc. and will exactly tell you which stream is good for you.
Best wishes,
Dr. Anand WadadekarFounder Director & CEO - Discovering Careers Indiawww.discoveringcareers.com
Hi There,
Let me first begin with a brief as to what is the role of a CA and a Cost Accountant.
A CA basically is involved primarily in accounting, taxation and budgeting. They are kind of Financial advisors.
Whereas Cost Accountant are the Fund advisors of the organization. What are the sources for funds, managing and directing funds are their major job roles. They are kind of auditors for the organization.
I very likely agree with Dr. Anand, that both are equally tough courses, and have their own value and cannot be compared with each other.
Before you step in any of the field, as Dr said know your potentials and follow them accordingly.Being logical, you may be confused which to choose. Here I would advise you to meet the professionals and get a first hand inquiry into their job roles, which will help you understand your liking and chose accordingly.
Hope this helps.
Wish you good luck........
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