CA or CMA Which Course Is Better?
Both the courses have a place of their own in the real lie and the corporate world.
CA (Chartered Accountancy), is one of the oldest and one of the most reputed professional courses currently being offered in India. The best part about CA is it is internationally recognized and India CA's are considered one of the best in the World in terms of Accounts and understanding and interpreting the Law. CA is considered one of the toughest exams in the world. Now, I will move on to the real-life importance of CA. CA is more practical life and mind puzzling and much more in the direction of interpreting the statutes to conclude their practical implications. Indian economy is widely based on this profession. A CA does not have a cap on his income and there is no concept of retirement, rather CA's value increase with time. But the biggest challenge in this profession is, it is as much as experience-oriented but also there is always a need to keep ourselves up to date with various changes in the law.
CMA (Cost & Management Accountant), is on emergence in India, but the demand is still very low and hence, the regulating body keeps the result way too low, so as to control the number of CMA's in the country. CMA is more based on analytical skills and understanding the Concepts of Cost related issues and better management
Written By- CA and CMA qualified PRofessional