Chartered Accountancy

Hi Ashraf!
Aspirants seeking to become a Chartered Accountant should register with the Board of Studies at the Institute of Chartered Accountants of India (ICAI) for the Common Proficiency Test (CPT). The registration has to be done 60 days prior to appearing for the exam. Candidates can enrol for CPT after passing the class 10 exam itself. On passing the +2 examination or a recognised equivalent examination, candidates can write the CPT. On successful completion of the +2 exam and the CPT, candidates are eligible to register for the Integrated Professional Competence Course (IPCC). Candidates have the option of choosing Group I and/or Group II. A nine-month of course study is required. The orientation course is for one week with thirty-five-hour credit. It covers areas like office procedure, personality development, general commercial knowledge, communication skills, business environment etc. After the orientation course, candidates have to gain competence in information technology. Hundred hours of Information Technology Training (ITT) has to be completed by the candidate, followed by articleship training.
Aspirants can take the final examination on completion of the three year articled training or while serving the last six months of the training.
On acquiring the ICAI membership, candidates will be designated as Chartered Accountant.

Association of Chartered Certified Accountants is a leading international accountancy body. The ACCA qualification is recognized and is treated in other countries as being equivalent to their local qualification. However, for government job opportunities, one has to follow the systematic recruitment process as described by the government. The certificate as provided by ACCA could stand as an added advantage during the final selection in some interview. The qualification of ACCA shall be very useful in the private sector for the aspirants seeking jobs or for those who are already working and looking forward to their growth in the form of promotion. It would rather open up new opportunities for such candidates and provide them with a rewarding career. I hope this would suffice.

Course wise difference is already known to all.
Basically, a chartered accountant is someone who has expertise in Taxation, accounts and auditing. On the other hand, a company secretary is one having expertise in all the laws, rules and regulations.
Numbers/taxes or law/company affairs
Both have different work fields and opportunities. A time was there when CA was more remunerative then CS. But the change in time and induction of new laws have widened the scope of CS too and therefore more or less they both stand at equal levels in case of employment.
However in practice, we need to remember that anybody and everybody can approach a chartered accountant for basic accounting or Taxation work but same is not the case with company secretary.
CA is for the masses.
CS is for the classes.