What is Difference between ICWA and CA:

What is Difference between ICWA and CA Chartered Accountant (CA) and Indian of Cost & Work Accountant (ICWA) both a bit different. Chartered Accountant (CA) is offered by the Institute of Chartered Accountant of India (ICAI) and Indian of Cost & Work Accountant (ICWA) is offered by the Institute of Cost & Work Accountant of India (ICWAI). The qualification process of CA is more difficult than ICWA, in ICWA individual need to pass two levels of exam. The CAs need to work on accounting, auditing, taxation, and financial management. The ICWAs need to work on roles of cost accounting, management accounting, and how to manage finance. CAs have much many opportunities and they earn more than ICWAs. The degree of Ca do not allow higher study in management institutes but the degree of ICWA allows acquiring higher education in foreign institutes. Chartered Accountants (CAs) work for an organization related to accounting, finance, taxation, etc. The main skill a CA should have is patience and confidence. They do taxation, auditing, tax planning, tax advisory, report management, internal auditing, external auditing, etc. Indian of Cost & Work Accountants (ICWAs) work in the financial projects, cost management, etc. The main skill a ICWAs should have is good communication. There are financial controller, chief accountant, cost controller, marketing manager, and chief internal auditor. Chartered Accountant is more well-known and respected qualification than Indian of Cost & Work Accountant.