Commerce as a subject is fast gaining popularity as career option in India. With the opening up of Indian economy ample career opportunities are available for commerce graduate
One of the most common career option for a commerce student is to opt for B.com and M.com and there after work as Accountants. Knowledge of commerce is always handy for the certain sector like insurance, stock market and investment banking.Other options for commerce student are to opt for Chartered Accountants, Cost and Work Accountants and Company Secretary
Chartered Accountants:
Chartered Accountancy Course is a professional course in Accounting introduced in our country in 1949, with the enactment of the Chartered Accountants Act. The Institute of Chartered Accountants of India (ICAI) was formed the same year. This Institute is both an examining and a licensing body. It is the responsibility of the institute to conduct the Chartered accountancy (CA) Course. The course involves a blend of theoretical education and practical training which run concurrently for a period of three years and equips a student with knowledge, ability, skills and other qualities required of a professional accountant.
Cost and Work Accountants:
One of the most common career option for a commerce student is to opt for B.com and M.com and there after work as Accountants. Knowledge of commerce is always handy for the certain sector like insurance, stock market and investment banking.Other options for commerce student are to opt for Chartered Accountants, Cost and Work Accountants and Company Secretary
Chartered Accountants:
Chartered Accountancy Course is a professional course in Accounting introduced in our country in 1949, with the enactment of the Chartered Accountants Act. The Institute of Chartered Accountants of India (ICAI) was formed the same year. This Institute is both an examining and a licensing body. It is the responsibility of the institute to conduct the Chartered accountancy (CA) Course. The course involves a blend of theoretical education and practical training which run concurrently for a period of three years and equips a student with knowledge, ability, skills and other qualities required of a professional accountant.
Cost and Work Accountants:
A Cost Accountant is a person who offers to perform or perform services involving the costing or pricing of goods and services or the preparation, verification or certification of cost accounting and related statements It helps management take proactive decision by analyzing not only the cost structure of but also helps the management integrate well with the dynamic and ever changing economic & business environment. Cost Accountant profession was established by a special act of Parliament, namely, the Cost and Works Accountant Act, 1959. With the passing of the act, "The Institute of Cost and works Accountants of India" was established in 1944 and was registered as a company under the Companies act with the objectives of promoting, regulating, and developing the profession of Cost Accountancy
Company Secretary:A Company Secretary is people who act as mediator between the company and its Board of Directors, government, shareholders and regulatory authorities.Works with the senior management providing sound advice on corporate, legal, secretarial, administrative and even tax related matters.The Institute of Company Secretaries of India(ICSI) is constituted under an Act of Parliament i.e. the Company Secretaries Act, 1980 (Act No. 56 of 1980) is the only recognized professional body in India to develop and regulate the profession of Company Secretary(CS) in India
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