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.

223 Comments
    siddyboy
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    siddyboyMon, 01 Feb 2016 07:44:27 -0000

    I m correspondencely doing cs nd fybcom .i m at d first lecel of cs which is foundation course m not gng for classes so i m confused how to study as only multiple choice questions will b there in exam

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    lakshminavya1234
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    lakshminavya1234Fri, 22 Jan 2016 14:39:46 -0000

    pls tell me about cs and how many years it take to complete cs after 2

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    amal_zeena
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    amal_zeenaThu, 07 Jan 2016 15:51:04 -0000

    sir/madam,i am doing my final year b.com.i wanted to know abt cs course,as far ca is difficult i opt for cs.and is cs good for those who are mugging up.?and what position one can get in a firm by pursuing cs?

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    Tannyshah
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    TannyshahMon, 21 Dec 2015 17:30:41 -0000

    Hi sir/madam
    I'm an FYBCOM student don CA too. I wanted to know that if after clearing my IPCC duringy articleship period if I want to do VS also as an add on do I need to give Executive also or directly professional.

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    Tannyshah
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    TannyshahMon, 21 Dec 2015 17:12:00 -0000

    Hi sir/madam.
    I am a FYBCom student doin CA too. I wanted to know that if after clearing my IPCC during my articleship period I want to do CS also as an additional degree, will I have to give only the CS Professional or Executive also.

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    Harshita dubey
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    Harshita dubeyWed, 16 Dec 2015 17:58:18 -0000

    I am student of +2 commerce after +2 which is better for me c.a or c.s. M gud in business studies

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    kusuma sree
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    kusuma sreeFri, 11 Dec 2015 03:26:39 -0000

    Sir,
    I am doing CA. I want to do Cs also. Can I do both. I like administration so I want to go to CS. Sir please advise me what to do

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    Adi543212
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    Adi543212Sat, 07 Nov 2015 04:15:03 -0000

    Hello sir me b.com IInd ka student hu me cs ki taiyari karna chahta hu

    Pls kuch idea do

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    Prasadvishal
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    PrasadvishalSun, 04 Oct 2015 11:54:43 -0000

    Hello sir i wanna ask i dont want to become cs bcz ita my passion or dream i wanna pursue this courae to get job nd earn so much money to fulfill my dream of being an actor so to settle in bombay is not a matter of being easy so kya cs job 3 yrs to 4 yrs mujhe itni salary provide krpayegi ki bombay me kch saal mai struggle krskun ya yh possible h ki bombay me main cs ki job ke saath acting kelie ausitions bhi do is which one would be possible plzz tell

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    which std in cs
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    which std in csMon, 21 Sep 2015 09:19:36 -0000

    which std in cs

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    green_greenery
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    green_greeneryWed, 19 Aug 2015 11:39:23 -0000

    my name is priyanka gupta i completed graduation by scoring 84% and got 100/100 in accounts so which course is best for me plzzz reply

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    chandan chaurasia
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    chandan chaurasiaTue, 18 Aug 2015 14:14:52 -0000

    My name is Chandan Chaurasia..i passed BBA in 2014..now i am in bangalore for haunting for a good course….so pls anyone suggest me..what do course i do that makes my future bright..and i wanna earn 1 lack salary in future by the dint of suggested course..within 3 years of experience.i forgot to tell 1 thing that now i have joined HDFC sales..so plz suggest me either distence or regular course ..which 1 is better for me..

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    Sampreet
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    Sampreet Thu, 06 Aug 2015 13:21:54 -0000

    I was reading 12 std and my question is that Which course easy either c.a or c.s

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    ganesh naik
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    ganesh naikMon, 27 Jul 2015 13:07:27 -0000

    i am a student of 2nd b.com i want be an company secretary but i have a little fear of accounts so can i take cs is it better for me?……..

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    gurramgiribabu
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    gurramgiribabuWed, 15 Jul 2015 10:57:45 -0000

    hi sir,i wana do cs course,bt a iam a maths student?plz suggest me is it easier or not?

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    niksRicky
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    niksRickySat, 11 Jul 2015 15:47:26 -0000

    Mam/Sir I have completed 11th std and going to appear for inter in the month of March 2016(CBSE Board , but I'm confused that what to
    take after 12th whether ca/cs I am good in
    accounts and even other but sir i have not taken maths .Is this going to be more difficult to became a cs/ca after not taking maths.… so
    I request you to suggest me some idea that now what to do…and also suggest me which one i can do ca/cs…pls….

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    yesupmanyu
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    yesupmanyuSun, 13 Sep 2015 15:03:15 -0000

    If you are best in numerical and analytical skills then you have a option to become a CA.
    A student who is good in accounts can have more chances to become a CA.
    And if you are good in theoretical subject ( i.e,business) then you have a better option to become a CS.

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    swapnil with Rushi
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    swapnil with RushiSat, 04 Jul 2015 07:21:25 -0000

    Am studying in 12th so for the future what is good c.a or c.s am good in accounts

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    epen
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    epenWed, 01 Jul 2015 04:21:11 -0000

    this article needs to be updated.
    In the 4th point, now a CS can also act as a lawyer to defend his client

    In the 5th point, There are some mandatory provisions provided by companies Act,2013 .,under which statutory Audit is defined..,which is a Job Of CS

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    sumran
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    sumranSun, 28 Jun 2015 10:57:43 -0000

    sr i m confrm to CA

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    supritharao
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    supritharaoSat, 27 Jun 2015 12:30:11 -0000

    plz……….suggest me that CA are CS which one is good to do but i had a interest to do cs .plz…………

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    faiyaz77
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    faiyaz77Thu, 25 Jun 2015 23:02:41 -0000

    Dear sir,
    I have passed class 12 and now going for B.com
    I am interested in banking so please suggest me the course sir

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    afreenmalik
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    afreenmalik Tue, 23 Jun 2015 15:07:02 -0000

    helo sir/madam I have completed my 12th with72% …..now I want become my career bright….so please tell me which is best course ca or cs?

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    prabu murugan
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    prabu murugan Sat, 20 Jun 2015 03:50:13 -0000

    Sir I'm well confused about my studies… Which I do either CA or CS

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    Dharmesh nath tripathi
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    Dharmesh nath tripathiTue, 16 Jun 2015 04:29:38 -0000

    I m confused what i choose ca or cs pls suggest me

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    Stace_Tryphena
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    Stace_TryphenaMon, 08 Jun 2015 04:58:03 -0000

    Sir/Madam! Greetings!
    I am student perusing Bcom CS in my UG, I hav already enrolled for fountain In ACS, but I quiet confused 'coz people tell that once we finish ACS, PG is not required… Is it so? I would like to opt for a job in foreign, could you please suggest the aptitude tests that I should write?
    Thank you much!

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    Akash Srivastav
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    Akash SrivastavSat, 06 Jun 2015 06:39:59 -0000

    I have completed my MBA with finance & Marketing under distance mode. I want to do CS, is it benificial for me? Can I make my career in foreign countries after CS?

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    kamleshstyle
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    kamleshstyleTue, 19 May 2015 14:29:18 -0000

    I want to do Septi management i don't Know what is the perfect name of this management. Do you have any idea please share whit me.
    Which types of Institute have provide the certificate?

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    nk_roxx
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    nk_roxxMon, 18 May 2015 11:08:22 -0000

    Sir/mam i gave my 12th and jointed Cs foundation but i m confused that should i joint Law OR b.com with it together…

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    Hidhu
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    HidhuTue, 12 May 2015 05:17:21 -0000

    Mam/Sir I completed 11th std and going to start 12th from June, but I'm confused that what to take after 12th whether ca/cs I am good in accounts and even other but after choosing commerce I feel very difficult to deal with maths, other than that I have great memory power … so I request you to suggest me a good one…pls….

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    vasuki palanisamy
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    vasuki palanisamyMon, 11 May 2015 08:15:48 -0000

    Mam/sir, i am completed m.com then what i do ca or cs which one best of my career pls help me give right-able solution for me

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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 May 19, 2014


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