Oppurtunities for ICWA
This query is : Resolved
12 October 2010
hello ..
please point out me,
the opportunities for icwa qualifiers..
role of icwa's in the present market..
merits and demerits of ICWA when compare to CA and CS...
friends and experts please suggest me in this regard...
please point out me,
the opportunities for icwa qualifiers..
role of icwa's in the present market..
merits and demerits of ICWA when compare to CA and CS...
friends and experts please suggest me in this regard...
12 October 2010
No qualification can be compared with others.
If you have good knowledge, you can reach at any hight. It all depends on your skill and knowledge as well as experience.
If you have good knowledge, you can reach at any hight. It all depends on your skill and knowledge as well as experience.
Message likes :
1 times
13 October 2010
CWA as Profession
Employment Opportunities
Members of the Institute are occupying high echelons like Chairman, Managing Director, Finance Director, Chief Executive, General Manager, Finance Manager, etc. in many Public and Private sectors organisations and also in the Government
Government Department
There is an existing Cost Accounting Service in Central Govt. named as Indian Cost Accounts Service, which is at par with the Class I Services of the Government of India.
Opportunity for Independent Practice
Cost Accountants can practice in the following areas:
In mandatory Cost Audit under Section 233 (B) of the Companies Act, 1956.
Certification under Export & Import Policy.
Excise Audit under Section 14A of the Central Excise Act and Special Audit of Certification Of manufacturing account as per Customs Act.
Consultancy Assignments.
Academic Opportunities
The Association of Indian Universities {AIU} resolved on May 28, 1991 that Bachelor Degree holders, who have passed ICWAI Final Examination be allowed by the Indian Universities to register for M.Phil. and Ph.D. in Commerce and allied disciplines. Since then the Institute is approaching different Universities to make necessary provision in their respective Rules so that Members of our Institute having Graduation qualification can register themselves for Ph.D. courses in Commerce and allied areas. Till now the Institute is in receipt of approval from 35 Indian Universities. Recently, in response to our letter No. DS-3{UL}/11/2000 dated November 17,2000 to AIU it has been clarified by AIU {vide their letter No.EV/II{2}/2000/179741 dated November 29,2000} that recognition awarded by AIU is generally accepted by the Universities in our country.
As the Final Examination of the Institute of Cost and Works Accountants of India has already been recognized by AIU, they do not anticipate any difficulty to be faced by the ICWAI candidates in the matter of acceptance of their qualification as sufficient for registering for Ph D/M Phil. All India Council for Technical Education decided that Fellow members of our Institute will be treated at par with the persons holding Ph.D. degree as far as appointment in the posts of Professor, Associate Professor, Reader, Asst. Professor and Lecturer in Professional/management Institutes are concerned.
Prescribed Qualification and Experience by AICTE for Asst. Professor (Management Programmes) and Professor ( Management Programmes) is available at: www.aicte.ernet.in/download/aph_1.pdf
there is no doubt that a CA is in a better position as in private sector they ask for CAs only.....
but positive thing about CWA is if ur working then ur experience vl b counted as experience so u don have to du articleship as in CA.....
CS is equally gud but v sud not relate all this....
first decide wat u wana du rather than which is better ...
Employment Opportunities
Members of the Institute are occupying high echelons like Chairman, Managing Director, Finance Director, Chief Executive, General Manager, Finance Manager, etc. in many Public and Private sectors organisations and also in the Government
Government Department
There is an existing Cost Accounting Service in Central Govt. named as Indian Cost Accounts Service, which is at par with the Class I Services of the Government of India.
Opportunity for Independent Practice
Cost Accountants can practice in the following areas:
In mandatory Cost Audit under Section 233 (B) of the Companies Act, 1956.
Certification under Export & Import Policy.
Excise Audit under Section 14A of the Central Excise Act and Special Audit of Certification Of manufacturing account as per Customs Act.
Consultancy Assignments.
Academic Opportunities
The Association of Indian Universities {AIU} resolved on May 28, 1991 that Bachelor Degree holders, who have passed ICWAI Final Examination be allowed by the Indian Universities to register for M.Phil. and Ph.D. in Commerce and allied disciplines. Since then the Institute is approaching different Universities to make necessary provision in their respective Rules so that Members of our Institute having Graduation qualification can register themselves for Ph.D. courses in Commerce and allied areas. Till now the Institute is in receipt of approval from 35 Indian Universities. Recently, in response to our letter No. DS-3{UL}/11/2000 dated November 17,2000 to AIU it has been clarified by AIU {vide their letter No.EV/II{2}/2000/179741 dated November 29,2000} that recognition awarded by AIU is generally accepted by the Universities in our country.
As the Final Examination of the Institute of Cost and Works Accountants of India has already been recognized by AIU, they do not anticipate any difficulty to be faced by the ICWAI candidates in the matter of acceptance of their qualification as sufficient for registering for Ph D/M Phil. All India Council for Technical Education decided that Fellow members of our Institute will be treated at par with the persons holding Ph.D. degree as far as appointment in the posts of Professor, Associate Professor, Reader, Asst. Professor and Lecturer in Professional/management Institutes are concerned.
Prescribed Qualification and Experience by AICTE for Asst. Professor (Management Programmes) and Professor ( Management Programmes) is available at: www.aicte.ernet.in/download/aph_1.pdf
there is no doubt that a CA is in a better position as in private sector they ask for CAs only.....
but positive thing about CWA is if ur working then ur experience vl b counted as experience so u don have to du articleship as in CA.....
CS is equally gud but v sud not relate all this....
first decide wat u wana du rather than which is better ...
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- Should I report my US salary for January, February, March in Schedule FA?
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
