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.

172 Comments
    rajput payal
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    rajput payalFri, 29 Aug 2014 18:03:15 -0000

    sir/mem i'm totaly confused ki me kya lu ca/cs and please tell me ki india me kiski velu sabse jyada hone vali hey ca/cs please tell me ki ca/cs konsa couse karne se kitni salary milti hai please tell me fast

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    Fazalcpf
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    FazalcpfFri, 22 Aug 2014 15:52:33 -0000

    If ca inter is passed any exemption is there for cs?

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    nishank_dubey
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    nishank_dubeyFri, 01 Aug 2014 06:38:31 -0000

    accrdng to mee both proffsn are diffrnt an both r intrltd also a company hav both ca an c.s also…
    without law comppany cant do any thng
    an without fianc an tax company nt strtng any thng
    bt now a days comapny has more demand of cs ….
    an both ca ca is ezzy.. more passn an commtmnt r reqvird …..an tough if u take it more lightly an ezzy….
    m doing c.s 2 nd levl both grp…

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    anandcs
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    anandcsThu, 24 Jul 2014 11:58:00 -0000
    SIR,How many years will take to became a cs?

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    kkhatri
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    kkhatriWed, 23 Jul 2014 21:10:03 -0000

    I m confused what to do i have just cleared cs foundation n cpt now what should i do ipcc or cs executive?

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    masroorn
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    masroornSat, 05 Jul 2014 19:26:03 -0000

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    tusharm
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    tusharmFri, 04 Jul 2014 04:49:00 -0000

    whats easy CA or CS…????

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    cadeshwal
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    cadeshwalTue, 15 Jul 2014 15:57:34 -0000

    Ofcourse…..
    cs is easy……m doing d both…..
    Icai is d world second largest body in d worlds…in accounts

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    SANJAYGOWDA
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    SANJAYGOWDAFri, 27 Jun 2014 08:58:59 -0000

    yeah CS is getting much broader scope in current days
    hope will become no1 career in india
    #CS

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    jonardo
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    jonardoTue, 24 Jun 2014 10:13:34 -0000

    sir I'm completed my b.com next year .so I will join the cs..please tell me that what is the SCOP of jobs after the completed my cs.

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    k l shashidhar
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    k l shashidharThu, 19 Jun 2014 05:44:43 -0000

    sir i completed 12th i joined B.com after B.COM i can do cs it as good scope please give a idea of c.s

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    patilsavita
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    patilsavitaSat, 07 Jun 2014 12:54:23 -0000

    Sir i m confused about what to do after 12th commerce..
    CA or Cs or can u suggest me any other course which is more scopeful now or in future..
    Plz kindly reply me.

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    priya64364
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    priya64364Mon, 19 May 2014 20:28:17 -0000

    respected sir
    i have confuise to choose my profesional line in cs, or CFA coures, or ca also. my 10 2 is over so plz help me in my choosing a way.
    i wies you will gave me fast rply becouse my result date in so near.
    HELP ME
    thankyou.
    from
    priya.

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    Suresh Choudhary
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    Suresh Choudhary Sat, 17 May 2014 18:36:48 -0000

    Sir (CA or CS) which is very better & useful for our archive good job

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    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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    DALLIP
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    DALLIPThu, 10 Jul 2014 09:54:49 -0000

    The author does not know much about CA 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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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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