Can anyone please clarify as to why Chartered Accountants and Cost Accountants doesn't get along well. I had seen this practically when I went for an audit in a company where there was a CA and a CMA working as employees there doesn't seem to be agreeing with each and arguing in virtually each and every matter. 

 

 

 

I have also heard that such kind of situation does not exist only in that company, but generally in most of the companies. 

 

 

 

Even Chartered Accountancy Institute and Cost Accountancy Institute also appear to be treating each other  as enemies.  Please click here for an example: /news/icwai-demands-drop-chartered-from-icai-10770.asp.

 

 

 

However, ICSI is maintaning a good relationship with both the other institutes viz., ICAI and ICAI (previously ICWAI)

 

Please give your views in this regard.