CA COURSE VS CMA COURSE
CA COURSE VS CMA COURSE. CA and CMA both are considered as top finance and accounting professional courses with good statutory back up and good industry recognition. Majority of subjects in both the course are very similar but the depth of few topics are different. Like CA course focus more on Tax, Accounts and Auditing whereas CMA course focus more on Costing, Management accounting and Financial management.
CMA course duration is 2 to 3 years where as CA course duration is 3 to 4 years. The number
of people opt for CA is more than CMA due to its popularity. CA is in generally is tougher and
lengthier curriculum than CMA. However, when it comes to Job opportunities many cases
Industry considered both of these courses as same. Like job is opened to both CA and CMA.
However when it comes to practice CA people has upper hand than CMA. The practice scope for
CMA is much lesser than CA. It is always advisable that student with average study back ground
should go for CMA and student with good study track record can go for CA.
Around 70/75% syllabus of both CA & CMA are same. The difference lies in specialization part.
In CMA, one has to read more subjects related to cost accounting & statistics while in CA, one
has to study more accounts, tax. The pass % & difficulty level w.r.t exam is more or less equal in
both.
If you go for CA, you can then make your career in accountancy, finance, audit or tax. Whereas if
go for CMA, you will make your career in management a accounting and decision making.
Job Profile –
1.A CA can work on the multiple Job Profiles such as –
2.Statutory Audit.
3.Internal Audit
4.Advisor in Direct or Indirect Taxation
5.Handling Transfer Pricing
6.Financial and Accounting Management
7.Investment Decisions
8.System Audit (after clearing DISA/CISA)
9.Handling the Companies Legal Matters etc…
Job Profile –
A CMA can appoint on the below-given job profiles –
1.Cost Accounting
2 .Cost Auditing
3.Financial Planning
4.Determine the Prices of Goods and Services.
What exactly do CA and CMA courses deal with?
The CA program primarily deals with accounting, taxation, law, audit, and finance. Meanwhile,
the CMA course deals with cost accountancy, cost management, corporate finance, economics,
performance management, internal controls, decision analysis, financial reporting, strategic
planning, and organizational management.
For more guidance and information on this one can reach Director of Successedge –Best CA
institute in varanasi- LILHA EDUCATION CENTRE