who can do cma and who can do cs? Please tell the main difference?
Answer (1)
1st Jun, 2019
Hope you were asking about the Certified Management Accountant (CMA) course and Company Secratary (CS) course.
Who can do CMA & CS?
What is CMA & CS?
Certified Management Accountant is a professional certification credential in the management accounting and financial management fields. The certification signifies that the person possesses knowledge in the areas of financial planning, analysis, control, decision support, and professional ethics.
A Company Secretary is a senior position in a private sector company or public sector organisation. He is an in-house legal expert; a compliance officer of the Company, An expert in corporate laws, securities laws & capital market and corporate governance, Chief advisor to the board of directors on best practices in corporate governance. A Company Secretary responsible for all regulatory compliances of the company. He is the Corporate planner and strategic manager.
CS and CMA are way too different courses. One gives you an expertise in Corporate Law and other gives you an expertise in Management Accountancy. CS is more theory oriented course (70% of the syllabus include various number of laws to be learnt) while CMA is more practical oriented as practical subjects are more (it is a hybrid of taxation, management, operations, finance, accounts, costing, valuation, law). CS will leads to you into compliance while CMA is more analytical.
Who can do CMA & CS?
- The requirements for earning the CMA certificate are as follows: The candidate should have completed a bachelor's degree course or earned a professional certification from a recognized college/ university/Institute. A work experience of at least 2 years in accounting, finance, or any of the related areas.
- The eligibility for the CS Foundation Program is one should Be Cleared in (10 +2) or Equivalent. Where as, the eligibility for CS Executive is that it can be pursued only after clearing the Foundation Program or any Graduation with any Background of Specialization. The Candidate Should not under the Age of 17.
What is CMA & CS?
Certified Management Accountant is a professional certification credential in the management accounting and financial management fields. The certification signifies that the person possesses knowledge in the areas of financial planning, analysis, control, decision support, and professional ethics.
A Company Secretary is a senior position in a private sector company or public sector organisation. He is an in-house legal expert; a compliance officer of the Company, An expert in corporate laws, securities laws & capital market and corporate governance, Chief advisor to the board of directors on best practices in corporate governance. A Company Secretary responsible for all regulatory compliances of the company. He is the Corporate planner and strategic manager.
CS and CMA are way too different courses. One gives you an expertise in Corporate Law and other gives you an expertise in Management Accountancy. CS is more theory oriented course (70% of the syllabus include various number of laws to be learnt) while CMA is more practical oriented as practical subjects are more (it is a hybrid of taxation, management, operations, finance, accounts, costing, valuation, law). CS will leads to you into compliance while CMA is more analytical.
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