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.

208 Comments
    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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    siddzuned
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    siddzunedSat, 09 May 2015 23:27:59 -0000

    sir/madam m pursing b.com last yr bug m confused that what course can i do for better future pls suggest me

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    pritipari
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    pritipariWed, 29 Apr 2015 15:04:18 -0000

    sir/madam i m confused between ca or cs any one plz tell me which course ca or cs completed after salary is which course is most… or which is low plz reply me

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    harshja
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    harshjaTue, 14 Apr 2015 14:21:05 -0000

    sir and madem, i am clear my 12th exams from u.p board and waiting for result pls suggest me what i should do.I want to became an c.a but i have not enough knowledge about it and after reading this i think cs is also good pls give me a suggestion acc. to me. and give me the answer. where is the best coaching classes for ca and cs.

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    kkravi
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    kkraviFri, 24 Apr 2015 14:43:00 -0000

    bro could pls suggest me why c.a. course is very hard ,I am also wants to study c.a. only ,

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    adarsh_verma_2015
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    adarsh_verma_2015Sat, 11 Apr 2015 07:50:14 -0000

    how can do admision in cs corse pls provoded more knowledge

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    password123
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    password123Wed, 08 Apr 2015 18:17:08 -0000

    i have given my board exams recently and i was planimg that what should i do in my future .after reading the above article i am still confused that what should i opt for ca or cs which can fulfil hirearchy needs .please reply me as soon as possible. thank you.:)

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     tanvi
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    tanviThu, 09 Apr 2015 19:23:21 -0000

    I think you should opt for CS because many changes had taken place since the enforcement of Companies Act,2013 nd many other reforms are introduced to CS…even I m a CS student pursuing CS- executive..nd this above difference is not from the present scenario

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    anjali_pal17
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    anjali_pal17Sun, 29 Mar 2015 18:26:58 -0000

    sir/mdm i am pursuing bba..and it will be completed in year may 2015..and after that i waant to pursue my carrer in c.s bt from next year that is 2016…nt this year…so i wl be eligible for tht or nt please reply mee as soon as possible

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    mp3
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    mp3Sun, 29 Mar 2015 08:34:37 -0000

    Which one is better either CA or CS as compared to a salary. I have just completed my 12th board exam from commerce and I am confused in both. I want to do that course that provides high salary as I wanted to start my own big business so I want to do that course that granty maximum highest salary so that I can save money from my income and start my own big business. So please guide me which one should I choose to achieve my aim

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    rahulshandy58
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    rahulshandy58Mon, 16 Mar 2015 12:41:06 -0000

    please provide news c.s

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    pcsp
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    pcspWed, 11 Mar 2015 10:56:41 -0000

    i hav jst completed my 12th exams…i want to take up C.S SO what to do..theres no one to guide me!!!!!
    how to tackle this???

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    jjjtuntun
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    jjjtuntunSun, 08 Mar 2015 11:02:23 -0000

    Sir
    Cs and ca who is earn more salary ?

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    harsh joshi
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    harsh joshiMon, 23 Feb 2015 14:43:25 -0000

    sir ji what is best ?
    CA or CS ?

    what is the full details of CA pls tell me bottom to top..

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    aayushi_goel3
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    aayushi_goel3Sun, 22 Feb 2015 05:58:23 -0000

    Hey! M pursing bba final … I m getting confused which professional course is better for me CA or CS & plzzz send addmission procedure @ my id aayushigoel883@gmail.com

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    nizamu
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    nizamuMon, 02 Feb 2015 15:30:30 -0000

    I am doing my under graduate in commerce so seeing forward to do cs. But i am confused to choose the alternatives among ca and cs,so please guide me my mobile number is +918970588715

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    MARIA HASSAN
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    MARIA HASSAN Sat, 31 Jan 2015 08:40:31 -0000

    can I do both of them together…..or cs is also maths based……whats the duration of cs ??…….sorry for this question paper ;p
    but need ans :p

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    rrrawat
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    rrrawatSun, 28 Dec 2014 04:53:28 -0000

    my bba is going to complete this year.I want to join ca or cs. but I am confused about both of them. plz help.

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    afshaan_wass
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    afshaan_wassSat, 20 Dec 2014 14:14:39 -0000

    I'm writing my cpt in d month of June 2015.. So cn u opt lke wch s best CA or CS???

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    pawan jangra 9992317809
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    pawan jangra 9992317809Thu, 25 Dec 2014 17:21:56 -0000

    Sir, my name is pawan jangra from hisar .haryana sir, m cs karna chaata hu and m 10 2 kar rha hu plz sir app muj es k bry m kuch deepli bta skty ho mra sll phon nub h 9992317809 ya koi techer ho jo es k bry m bta sky

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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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