ACCA v/s CS, Which is a better choice?

Professional certification courses in Commerce are considered the most desirable choice for a successful career and life with innumerable opportunities, developments and possibilities. Commerce is a highly anticipated field for aspirers all over the world. Association of Chartered Certified Accountants of India (ACCA) and Company Secretary (CS) are two main courses students look forward to while pursuing a career in commerce. At times you might be confused in choosing between highly admired courses like ACCA and CS, here are some insights shared to clarify your queries and equip you with common differentiations between both and guide you through the right way to balance your interests with your skills and choose the perfect course to build on a  career.

What is ACCA?

Students generally have confusion in choosing a career especially when there are diverse options to consider in the stream they belong to. But while choosing, make the perfect choice that frames a perfect picture of your future, ACCA is one such choice. The Association of Chartered Certified Accountants is considered the largest and most esteemed professional certification in accounting with global recognition in more than 180 countries. For students aspiring to build their career inside and outside India ACCA is a perfect choice as the accounting concepts are taught from a global perspective enabling a progressive accounting career internationally. The course offers high prospects in our professional as well as personal life entitling access to a secure future at the earliest. Esteemed ACCA coaching centers capacitate students with meticulous knowledge and comprehensive skills to perform exceptionally well in their careers.

What is CS?

For a student with an interest in managing the legal facet of a company, the best choice is the CS course. The Company Secretary course is a certificate program that builds professionals to facilitate efficient administration and legal aspects of a company. The prestigious course with a duration of three years is offered by the Institute of Company Secretaries of  India. Company Secretaries are the main link that connects the company with the board of directors, stakeholders, government authorities and all others involved. The course will nurture your skill and equip you with immense knowledge in handling the legal aspects of a company. Develop a successful career in the Company Secretary course under the guidance of renowned CS coaching institutions to live a well-settled life.

Identify your interest and nurture your skills.

Commerce is a stream that offers a highly rewarding career, whatever you choose it should emerge from your enthusiasm and interest. For students who possess an affinity for numbers and accounts the ideal choice to embark on a professional journey is ACCA. In contrast, a student with a keen interest in legislation and managing administration can initiate a career as a CS professional. Identification of your skills is an essential step before deciding on the course. If you are proficient in technical and quantitative skills, your goal should be ACCA. On the contrary, if you have exceptional theoretical skills, you are destined to excel as a Company Secretary.  ACCA is a UK-based course which opens the path to global recognition for a student equipping them with technical skills and knowledge about accounts.CS is a better choice for a student willing to develop a career in India since there are restrictions with boundaries of Indian law, system, policies and rules to start a professional career.

Passing Rates

Candidates’ knowledge of various topics and their ability to handle different scenarios are critically analysed and evaluated in every exam, hence all exams pose a difficulty level which can be cracked with hard work and dedication. ACCA exams are approachable to the comfort of the examinees as exams are held every quarter, allowing students to choose the paper and prepare for it exquisitely. CS exams are conducted only twice every year and the students don’t have the privilege to attempt the whole papers as a module. While comparing the passing rates of both courses the CS students show comparatively lower passing rates than ACCA aspirers. CS is classified as one of the toughest exams and ACCA is recognised as the moderately difficult exam.

Conclusion

ACCA and CS are two different courses that belong to the stream of commerce, but they carry differentiations at various levels. While choosing between both, invariably make a definite decision, analyzing the elements, comparing the factors and foreseeing the career goals to attain a gratifying personal and professional life.