When it comes to opting one arena from Chartered Accountancy or Company Secretary-ship i.e. CA or CS, the apprentices as well as their parents both of them equally perplexed. In our country, India, these two are the most preferred careers in commerce after the completion of MBA. If we take by nomenclature of the job opportunity of CA, it is simply understood. But in the case of CS, sadly it is wrongly interpreted. Being capable to make the correct decision necessitates comprehending the extent of the two occupations. Their benefits as well as loses and then utilize this information as a foundation to pronounce if they fulfill the career objectives of the apprentices.
Thus, for those populaces who desire to make their future in commerce or the finance, Chartered Accountant or CA is an appropriate choice as its possibility covers accounts and appraisal of the organization. Since for those populaces who would desire to select a senior manager post that is leaning towards handling the legal problems concerning to commercial ascendancy, CS would prove an exact alternative to opt for.
Concentrating on one’s individual career alternatives, one has to comprehend that the employment of the CA would prove as very challenging and demanding and necessitate 24x7 concentrations whilst preparing the accounting tally for audit as well as taxation. Travelling expenses might be included for out of the station colleagues and to the factories as well where the manufacturing costs are also comprised. The stipulation for the services of a CA is very superior.
Another aspect is that the job of a CS is particularly very studious. It necessitates comprehension of the law, associated to all the purposes of an organization. A senior management post demands conversation with the board members and other higher authorities of the firm. Each and every authorized Indian firm having capital money of more than Rs 50 crores has to employ a full-time operating Company Secretary or CS. For those firms having more than one crores capital merely, they may have certain certified CS as a practitioner.
All of the Large Scale firms necessitate the help of CA (Chartered Accountant) as well as of CS (Company Secretary). Today’s market insists for both of these employments largely. It is recommended that the apprentice seek out how comfortable he or she is with the occupation. One should evaluate its capabilities and determine all the merits and demerits before going to an ultimate conclusion. If one is having excellent analyzing skills such as wiping deeply in money issues, can operate for prolonged time with determination and are also willing to travel much, then the functioning of any chartered accountant is similar for it then and can opt it without any confusion. If you desire for discussion on the merits or demerits of the officially evident corporal management and function with the entire sections of the company and integrate all of them in the annual report of the firm, and epitomize one’s company in front of shareholders and didn’t want to travel a lot, then the employment of CS is fit for you.