Careers in India

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CA vs CS: Which career has more scope?

by Pritika Ghura

Often mistaken for the same, a chartered accountant is as different from a company secretary as chalk is from cheese. Chartered Accountants work in all fields of business and finance. Some are engaged in public practice, others work in the private sector and some are also employed by government bodies. On the other hand, the main function of a Company Secretary is to act as the mediator between the company and its Board of Directors. He also provides guidance to the Chairman and the Directors on how to make the best use of their responsibilities under various laws.

Let us see the difference between a chartered accountant (CA) and Company Secretariat (CS) so that it helps you to make a career choice-:

Criteria Chartered Accountant (CA) Company Secretariat (CS)
1) Course details Chartered Accountancy Course is a professional course in the field of Accounting. It is about financial management, taxation and accounting. The Company Secretary (CS) is a professional course which is conducted by The Institute of Company Secretaries of India (ICSI). To become a Company Secretary, the candidates need to pass the Foundation Programme, Executive Programme, and Professional Programme.
2) Career Scope The scope of a CA is very wide. He can either pursue private practice or join an organisation's financial accounting department or serve in taxation departments. He can also work in fields of Finance, Corporate finance, Management consultancy, Tax Compliance, Change management. Chartered accountants mostly deal with studies like market research, budget planning, planning of policies; management of working capital of an organisation, etc. Their duty is to ensure that the particular company is maintaining its financial transactions according to the law of the country and manage the cost and tax matters of it. A Company Secretary can find employment in government accounts or law departments or he can become a Managing Director or Chairman of a Company and be a part of the Board of Directors of a Company. The role of a Company Secretary is that of an advisor for legal matters. If a company goes public, then the management of the public issue falls under the ambit of a Company Secretary. All legalities involved with inter-corporate investments and loans are looked after by a Company Secretary.
3) Skills required Good aptitude skills with concentration ability, good with numbers, good analytical skills, can work under pressure, a systematic way of working. Proficiency of law and management, good communication skills to deal with many types of people, should sound convincing and the capacity to fit in the corporate environment.
4) Authority A CA can act as a lawyer and appear before various appellate authorities of direct and indirect tax departments like The Commissioner of Income Tax, Income Tax Appellate Tribunal etc and defend his client A CS does not have the authority to defend his client or represent him in a case.
5) Power In India, it is only a CA who can conduct various statutory audits and audits under Income Tax Act called Tax Audit etc. A CS does not have the power to conduct such audits
6) Statutory body The CA is a member of the Institute of Chartered Accountants of India. A person can only become a CA after passing exams conducted by The Institute of Chartered Accountants of India A CS is a member of The Institute of Company Secretaries of India. A person can become a CS only after passing exams conducted by the Institute of Company Secretaries of India.
7) Companies hiring PwC, Ernst & Young, HSBC Bank, Neeraj Bhagat & Co., KPMG, Alok Sinhal, ICICI Prudential, Om Kotak Mahindra, Birla Sun-Life, Tata AIF Life, Reliance, HDFC Standard Life-Chartered Accountancy Co., Max New York Life, SBI Banks like SBI, HSBC, Bureau of Public Enterprises, government financial institutions and stock exchanges, universities, etc
8) Institutes offering the course The Institute of Chartered Accountants of India (ICAI) is both an examining and a licensing body. It is the responsibility of the institute to conduct the Chartered accountancy (CA) Courses throughout the country. A CA programme is of two years apart from the training period. It has three sections, Competency Professional Test (CPT) that was earlier known as Professional Education exam PE1, Professional Competency Examination (PCE) and Final examination The minimum eligibility required for the foundation course for training as a Company Secretary is 10+2. Graduates or post-graduates in commerce, or any other discipline are allowed to skip the foundation course and enroll directly for the intermediate examination. This exemption is also extended to those who have passed out of the Institute of Cost and Works Accountancy or the Institute of Chartered Accountants of India. For better career prospects one may opt for the Company Secretary course after having completed either the Cost and Works Accountancy course or the Chartered Accountancy course or both. The Institute of Company Secretaries of India conducts examinations for different levels of competencies throughout the country. Those who clear these examinations are granted membership to the Institute.

159 Comments
    bargesh
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    bargeshFri, 04 Apr 2014 12:16:48 -0000

    CA is better than CS
    1. we can practice
    2 we can go for a job
    3 Practicing C A having more scope than CS
    4.Indian C.A Oppurtunities in abroad

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    dx619
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    dx619Thu, 27 Mar 2014 05:26:10 -0000

    Ca = mba in finance

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    gopi talvar
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    gopi talvarThu, 20 Mar 2014 07:44:25 -0000
    best courc is CS but i cnt any cost investment

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    csworld
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    csworldWed, 26 Mar 2014 10:05:31 -0000

    yeah i guess CS is becoming better now a days. Also Companies Act, 2013 gave big edge to CS.

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    Usthad
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    UsthadWed, 12 Mar 2014 05:28:33 -0000

    Half knowledge is always referred to pouring shit outside the closet. The author does not know much about CS profession.

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    Navin kumar Pandit
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    Navin kumar PanditSun, 23 Feb 2014 14:46:48 -0000

    I ve completed +2(11th and 12th) in science from Nepal nd i want to do CA.Can u provide suggestion for me?

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    Choudhary Pankaj singh
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    Choudhary Pankaj singhFri, 07 Feb 2014 05:29:06 -0000

    ,What rubbish u hv wrote either u hvnt full knowldge of cs or discriminating
    Both profesn hv difrnt aspect u cant compare both on,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

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    unsatiate
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    unsatiateTue, 18 Feb 2014 11:12:59 -0000

    you r right choudhary. people just consider the fame of CA and ignore CS. CS is much wider now unlike earlier. Companies Act, 2013 recognized CS greatly

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    prashant_93
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    prashant_93Mon, 03 Feb 2014 18:38:46 -0000

    horrible and exaggreated article the author has written

    particulary the wide global scope of cs plus the defintion of course details in CA section are wrong or may not be correct in every prospect.

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    sajad008
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    sajad008Tue, 14 Jan 2014 08:10:07 -0000

    hello

    while posting this article the there are many scopes of cs which has been skipped in the article
    for example… Cs may present his clients in SAT, appellate Authority of TRAI.
    as per scetion 204 of new companies Act it is only cs who can conduct secretarial audit of the companies

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    dordon
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    dordonSun, 05 Jan 2014 07:50:15 -0000

    If you opt for CA, there is no need to go for CS..CA course is wider and extensive over the CS but there are some bitter truth about CA.
    VISIThttp://deepes007.blogspot.in/2014/01/ca-as-career.html

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    csworld
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    csworldThu, 03 Apr 2014 12:53:12 -0000

    you mean the scope of CA is reducing slowly or gradually

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    i sri charan
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    i sri charanMon, 23 Sep 2013 12:20:24 -0000

    HELLO SIR/MADAM WHAT ARE THE STEPS TO BE FOLLOWED TO BECOME A CS AFTER COMPLETING MY 10+2 IN MEC GROUP

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    zaslin_jasleen_kaur
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    zaslin_jasleen_kaurMon, 09 Sep 2013 15:25:58 -0000

    What should i choose either CA or CS?? I m little confuse….As i was from science group in 12……..kindly tell me about it….and please tell all information about that course also with forms date……

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    zaslin_jaslin_kaur
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    zaslin_jaslin_kaurSun, 08 Sep 2013 17:39:34 -0000

    Hello sir!!!!
    i am not able to decide what to choose either CA or CS……..As i was from science group in 12………so kindly tell what shall i do??and from where i could get the information??/

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    paditya
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    padityaMon, 13 Jan 2014 05:35:35 -0000

    I advice you to choose CA, as CA's can work in all fields,but that's not the case with CS..No matter what's your group in 12th std..Work hard and you will achieve your goal..All the best

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    pradeep9582
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    pradeep9582Sun, 01 Sep 2013 07:59:00 -0000

    which is the most respect full job………. ca/cs

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    paditya
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    padityaMon, 13 Jan 2014 05:41:48 -0000

    CA is the respected course

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    manojkumar929
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    manojkumar929Wed, 28 Aug 2013 07:31:26 -0000

    sir/madam,
    can i know the complete information about cs levels and fee structure
    and also ca articles is suitable for cs articles also are not, any one please guide to me & help to me

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    noor7300
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    noor7300Sat, 17 Aug 2013 02:56:28 -0000

    CA is best. Cs results are higher than Ca results.

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    noor7300
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    noor7300Sun, 18 Aug 2013 05:47:23 -0000

    Sorry, check CS Foundation result. Its quite lower.

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    noor7300
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    noor7300Sat, 17 Aug 2013 02:56:01 -0000

    CA is best. Cs results are higher than Ca results.

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    noor7300
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    noor7300Sat, 17 Aug 2013 02:52:53 -0000

    CA is best. Cs results are higher than Ca results.

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    PANA BID
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    PANA BIDSun, 11 Aug 2013 10:00:08 -0000
    i want to know that how is good cs in comparison ca and i want to know that whats the future of cs means salary and what type of jobs .So plz give me some guide. Thank u.……..sir i m waitting for ur reply.

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    paditya
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    padityaMon, 13 Jan 2014 05:45:38 -0000

    CS acts as a mediator between a company and it's board of directors, where as a CA can work in all the fields..I advice you to take CA as your career,as it has many oppurtunities as a professional ..All the best

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    Arpitaoureducation
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    ArpitaoureducationWed, 07 Aug 2013 07:18:58 -0000

    This article is really helpful for those who have completed their graduation in CA or thinks to pursue CA .From this article one can easily get a brief details about JOB description in CA as well as pay scale also . Also I have read an article on Career Options After CA .I think it will also help evreyone to know more details about it.

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    Arpitaoureducation
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    ArpitaoureducationWed, 07 Aug 2013 07:16:25 -0000

    This article is really helpful for those who have completed their graduation in CA or thinks to pursue CA .From this article one can easily get a brief details about JOB description in CA as well as pay scale also . Also I have read an article on Career Options After CA .I think it will also help evreyone to know more details about it.

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    Abhi526
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    Abhi526Thu, 25 Jul 2013 11:01:09 -0000

    Dear sir
    i want know that i current pursuing c.s fundantation course of distance edu.from the institute of company secretaries of india.so i want know that when my c.s course complete then how can do the C.A.

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    mayurgoel
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    mayurgoelThu, 18 Jul 2013 12:08:59 -0000

    hi sir…
    this is mayur goel,actually i have completed ipcc level in da field of CA now my articleship is to be going on…but now i want to do CS with articleship ,,,so plz advice me what cn i do? wich is best fpr ma future?

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    nehasd2013
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    nehasd2013Fri, 12 Jul 2013 16:47:13 -0000

    This article is completely biased and providing incomplete, wrong and half knowledge. Clarifications:

    1. Firstly a Company secretary is a not a mediator a CO. and Board. but between Company, Shareholders and outside Agencies.

    2. Employment opportunities mentioned are only in Accounts or Law dept of Govt. Cos? What crap There is immense scope for employment opportunities in Public cos, pvt. cos, govt and semi- govt cos, banks etc. This is a highly prestigious profession and the only profession which allows you to be with the management/board of directors from day 1 of your job.

    3. As far as audit is concerned, i completely agree with his opinion provided.

    Plz collect the complete information before you write anything wrong about any profession.

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    raghav_007
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    raghav_007Fri, 12 Jul 2013 10:47:10 -0000

    The article CA Vs CS in itself quite biased at the rudimentary level. Mam, you must know well that the Company Secretaries are hired by one of the most prestigious organisations. but the way you have written this article its is prima facie quite clear that you are inclined towards creating an impression that this profession is less valuable than some other profession. You have missed some very relevant and important points. This article is a type of euphemism to express your feeling about the CS as a profession.

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    gaurav arya
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    gaurav aryaThu, 11 Jul 2013 14:22:06 -0000

    sir.. m student of arts stream so i can do the cs course

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    Sai1
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    Sai1Wed, 10 Jul 2013 14:25:54 -0000

    Dheeraj,
    I have completed my bachelors degree.I am planning to do CS course.But I have heard that people who have science background have less chances than the finance people to get a job with CS certificate.Is that true?If thats the case can I do CA course and later slowly do CS course.Hope u wil give me a good suggestion as u are also in the same line…

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    Sai1
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    Sai1Wed, 10 Jul 2013 14:22:46 -0000

    Dheeraj,
    I have completed my bachelors degree.I am planning to do CS course.But I have heard that people who have science background have less chances than the finance people to get a job with CS certificate.Is that true?If thats the case can I do CA course and later slowly do CS course.Hope u wil give me a good suggestion as u are also in the same line…

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    Sai1
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    Sai1Wed, 10 Jul 2013 14:19:50 -0000

    Dheeraj,
    I have completed my bachelors degree.I am planning to do CS course.But I have heard that people who have science background have less chances than the finance people to get a job with CS certificate.Is that true?If thats the case can I do CA course and later slowly do CS course.Hope u wil give me a good suggestion as u are also in the same line…

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    rohinisalunke666
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    rohinisalunke666Mon, 08 Jul 2013 16:12:40 -0000

    hello sir/mam
    i have completed my grads and interested to know about company secretory course,
    1. how much fees it needs to complete d whole course??
    2. and which is the good college/institute to do this?
    3. how much we can earn later??

    will be waiting for reply…

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    lipu ranjan raj
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    lipu ranjan rajTue, 02 Jul 2013 09:56:08 -0000

    hello,sir
    i am lipu from keonjhar,orissa . My future aim is i want to be a good CA in a good company.now i am read in Ravenshaw university,ctc.in +3 commerce.

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    arz
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    arzTue, 02 Jul 2013 16:21:11 -0000

    hello sir, i have compleat my intermediate in 2009 from science stream.and i m also compleated graduation on this year in commerce with 50% marks.and i wanna a good c.a…
    so, plzzz tell me what i m do for it.and howz i am applied for c.a course on this year.and which institute in kanpur is best best for me..
    jannaually i have no idea about that……..sir i m waitting for ur reply.

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About the Author

pritika Ghura
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About: I love talking, writing and making friends. I am very optimistic, energetic and a dreamer.

Last Updated At Jul 12, 2013


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