Difference Between ACCA and CS

The full form of ACCA is the Association of Chartered Certified Accountants. After obtaining this degree, a student can pursue his career in multinational companies or an Indian company working for offshore clients while CS stands for Company Secretary. Individuals can work as legal experts, chief advisors, corporate planners, and executive secretaries.

Gone are the days when crunching numbers was a career for the nerds. Today accounting professionals are all about glamorous and powerful figures at the company’s helm under their accounting skills. And if reading this has got you tempted, please take a minute to read about the different exams, costs, and advantages of pursuing a career in this field.

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What is ACCA?

The ACCA or the Association of Chartered Certified Accountants is a body that recognizes the qualification of a CA. ACCA is a global body based in Glasgow, UK, which works in the public’s interest to ensure that the chartered accountants work according to the principles-based and ensures that the regulations set are properly followed.

The ACCA offers the certification in chartered accountancy, and the exam known as ACCA is most recognized in the commonwealth countries.

What is CS?

A Company Secretary is an important accounting designation in a company. A CS in a company is the mediator between the board of directorsBoard Of DirectorsBoard of Directors (BOD) refers to a corporate body comprising a group of elected people who represent the interest of a company’s stockholders. The board forms the top layer of the hierarchy and focuses on ensuring that the company efficiently achieves its goals. read more, shareholders, government, and other agencies. The CS has the required expertise in legal matters, securities law, capital market, and corporate governance to regulate a company according to the compliances charted out.

The Institute of Company Secretaries of India” (ICSI), -a premier National Professional body, offers the course for Company Secretaryship. The Act of Parliament’s professional body imparts the course through Distance Learning. Also, it provides the “Course Material” for all the subjects at the time of registration. It also provides Optional Oral Coaching classes enabling the students to attain the designation of Company Secretary.

ACCA vs CS Infographics

Let’s see the top differences between ACCA vs. CS, along with infographics.

Educational Requirement

ACCA vs. CS Comparative Table

Why Pursue ACCA?

ACCA certificate holders are recognized all around the world. ACCA exams can be attempted twice a year with 400+ locations to choose from worldwide, making it easy for a candidate to give the exam from a nearby location. An ACCA holder is not required to be practically trained under experienced accountants and is ready to start after completing his course. Thus, he does not lose time on internships and jumps the practical grinding from the beginning.

  • Foundation Program

  • Executive Program

  • Professional Program

  • Applied Knowledge

  • Applied Skills

  • Strategic Professional (Essentials and Options)

  • Level I: Foundation course (only for undergraduates)

  • Level II: Executive program

  • Level III: Professional program

  • Financial Management

  • Financial Reporting

  • Taxation

  • Accounting & Auditing

  • Ethical & Professional Standards

  • Basic Economics & Business Environment

  • Tax Laws

  • General & Commercial Laws

  • Company Law

  • Banking & Insurance – Law & Practice

  • Economic Labour & Industrial Laws

  • Accountant

  • Internal Auditor

  • Finance Manager

  • Tax Manager

  • Financial Consultant

  • Chief Advisor to Board

  • Executive Secretary to MD/ CEO

  • Strategic Manager

  • Corporate Planner

ACCA registrationACCA RegistrationACCA is an accounting qualification recognized globally that provides a solid foundation to students and professionals for careers in accounting, tax consulting, auditing, business valuation, treasury management. Its exam dates, timetables, and important notifications are readily available on its official website.read more is a much simpler process and is more cost-effective. ACCA prepares you for financial and management roles, making it easier for you to choose careers in different sectors and industries. Employers recognize ACCA’s qualifications. Students who have passed out of ACCA are known for their quality and excellence, making it easy for employers to rely on their ability and knowledge while hiring them.

Why pursue CS?

CS is a great option for students who have already graduated or are pursuing law. A CS does not require crunching too many numbers as it is more theoretical and suits students from varied courses. A simultaneous attempt to clear both are often seen as it enhances a great deal of value for a candidate in the corporate market.

A CS can be termed as the chief compliance of a company, and hence this designation is associated with prestige and a great deal of job satisfaction. The opportunity to shine in the future is immense due to the prospects it offers and the demand for such trained people in the market.

This has been a guide to ACCA vs. CS. Here we discuss the top differences between ACCA and CS, infographics, and a comparative table. You may also have a look at the following articles –

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