Cost Accountancy

ICWAI- The Institute of Cost and Accountants of India (ICAI), formerly known as ICWAI (The Institute of Cost and Accountants of India) is the only recognised statutory professional organisation and licensing body in India specialising exclusively in cost and management accountancy. ICWAI provides training programmes in areas of cost and account management and contributes to the economic and industrial development of the nation.
Cost and work accountancy can be studied after +2 or after graduation with the institute. Courses offered at ICWAI are divided into three stages: Foundation, Intermediate and Final.
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The Chartered Accountant course starts with three different consequent sections namely, Common Proficiency Test (CPT), Integrated Professional Competence Course (IPCC) and Final Course. Throughout the year registration for both of CPT exam and IPCC exams will be open so that students can enroll at any time but exams will be held at different schedules.The candidates who want to pursue CA should have minimum eligibility of 12th class.
The ICAI (Institute of Chartered Accountants of India has) framed two ways of entries to get into Chartered Accountant curriculum:
CPT entry after class 12
Direct entry after graduation
Candidates who want to stick with Chartered Accountant career should decide their mode of entry at time of Class 10 itself, because to attend the CPT exam after completing Senior Secondary Exam (Class 12), the registration must be done after successful completion of Class 10 or with having an equivalent grade from recognized board. In today scenario,it is advisable to choose CA after class 12, so that students can design their future career in advance. Critically, its necessary for the students to aware of this Eligibility criterias and Entry modes of Chartered Accountants curriculum.

To give a simple overview, a student should go for CA if the student wants to make his/her mark in accounting initially. Because later at the last module of the exam, you will have so many subjects which will allow you to choose any domain of finance you like. But first you need to be exceptionally good in accounting to clear the first and second module.
A CS is someone who will take over the corporate governance of the company. S/he will be a master of corporate laws and practice and will be able to act as a direct advisor to the board of directors of the company. To pass CS, you need to have special liking for Law and how it works in company perspective.
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