CA, CS Course: Is CA and CS course a degree, diploma or certificate?
CA, CS Course: Students in India have many career options. Two of the most popular and respected are Chartered Accountancy (CA) and Company Secretaryship (CS). Students and parents often wonder whether these courses are degrees, diplomas, or certificates. To clear up this confusion, we first need to understand the differences between degrees, diplomas, and certificates.
A degree is a degree awarded by a university or college, such as a B.Com, B.A, B.Sc, MBA, etc. This is a formal form of higher education that places a greater emphasis on theory. Diplomas and certificates, on the other hand, are shorter-term and skill-based. However, CA and CS do not directly fall into either category; they are professional certification courses.
Who offers CA and CS courses?
These two institutions operate under the Government of India and regulate the accounting and corporate governance professions across the country.
The CA course is offered by the ICAI (The Institute of Chartered Accountants of India).
The CS course is offered by the ICSI (The Institute of Company Secretaries of India).
CA and CS Course Structure
CA and CS studies are divided into different levels. At each level, written exams are required, along with practical training (Articleship/Internship). This is why it is considered a complete professional training, not just an academic course.
CS focuses primarily on accounting, auditing, taxation, costing, and finance. CS focuses on corporate law, company secretarial practice, legal compliance, and corporate governance.
Are they equivalent to degrees?
Technically, CA and CS are not degrees because they are not awarded by any university. But they are also not simple diplomas or short-term courses. They are, in fact, professional qualifications, with a value far greater than many degrees.
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