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CWA as Career Path ?

Inderpal Singh (Accountant) (78 Points)

21 February 2010

Hi .........

If someone wants to go for CWA after his graduation. Can he study/take 2 groups simultaneously.......and can give his exams for 2 groups simultaneously or not.

is CWA is equivalent to CA or not ?

CWA scope is limited for which sectors ??

Please help......

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6 Replies

sanjoy saha (student) (121 Points)
Replied 23 February 2010

Hi,

Yes ,you can take direct admission into CWA -inter after passing graduation.You can also take 2 groups simultaneously.You may appear for single gorup or for both after getting corresponding postal clearance/oral clearance,GD andBusiness communication clearance.

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NARINDER SINGH (MANAGER-FINANCE & TAXATION) (23 Points)
Replied 23 February 2010

Hi,

From my experiance, in Govt services there is no differene between CWA & CA, but in Pvt sector CA is definitely having an edge. This fact can be verified that in most of the Govt job CWA are working as an employee, as the opportunities and salary are higher for CA in Pvt sector most of them would opt for Pvt sector job only. Even in some Pvt sector companies accountant means only CA and not the CWA, you can blame the pscyhe of these Companies.

There is very little scope for CWA in practice as the fees are less and Cost Audit report consist audit certificate which very parameters are very strict for an any auditor. A small amount of negligance and COP is gone.

You may not find much of CWA in Practice.

Hence my suggestion is opt for CA it might tough but in longrun you get the benefit.

I am qualified CA & CWA and previously worked with Central PSU and from last four years I am working in Pvt sector. I can tell you that doing both course would be tough but this combination is deadly combination in the job market.

Regards

Narinder Singh

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CMA Ramesh Krishnan (Cost & Management Accountant) (71484 Points)
Replied 24 February 2010

My view, better you can go one by one,because now the syllabus is heavy

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CA Lalit Kandoi (Chartered accountant) (1053 Points)
Replied 26 July 2010

CMA.Devarajan Swaminathan (ACMA) (1067 Points)
Replied 26 August 2010

"CWA is equivalent to CA or not"

Asks Inderpal Singh.

Really, should it be? If yes what is the use of having two qualifications and two Institutes?

And if you have such doubts, then join qualification where you have more comfort.

Why would you want to join a course when you already have in your mind that the scope for it is limited in some sectors? Why join a course, which accourding to you, has limited scope?

From your question, I would easily and infact strongly recommend you to join CA.