CMA as a Profession
CMA is a person who offers to perform services involving the costing, pricing of goods and services or carries out the preparation, verification or certification of cost accounting and related statements. The role and importance of cost accountants has increased manifold on account of growing competition in the corporate sector. Their job broadly stating essentially comprises of closely analysing costs and devising ways to reduce it as far as possible. CMA assists in planning, monitoring and controlling the cost and price of a product or a service. Nowadays with multi-product ventures taking place, it has become important to know and understand the exact cost of production every of product and service at different stages, to minimize the expenditure incurred on them and to ensure optimum utilization of resources. This is where the role of cost accountant comes.
Cost Accountants hold key positions as Chairman, Managing Director, Finance Director, Chief Finance Officer, Chief Executive Officer, Finance Manager, etc in MNCs, Private and Public Sector, State and Central Government. Many of the Public Sector Units like Coal India, ONGC, NMDC, STC, MMTC, Allahabad Bank and Corporate houses like Nestle, TCS, HCL, TVS, Vedanta, Wipro regularly look for CMAs. The institute has a Placement Directorate that provides assistance in placements across sectors. The CMAs can also carry out independent practice and deploy their services across sectors.
Ca Coaching classes in Faridabad
Chartered Accountancy is a dream profession for every Commerce student. It is a challenging profession that offer Self-Practice or job opportunities in the area of Accountancy, Auditing, Corporate FINANCE Project evaluation, Company & Business laws, Taxation, Corporate governance, Derivatives, capital markets and several other areas. The CA course provides a multi-faceted perspective to the CA aspirant ranging from economics and operations of a business to its marketing, audit, financing and legal aspects. CAs frequently occupies highest echelons of Indian business and carries a very high brand image in the society. Currently there are approximately 5,20,000 students and 1,55,000 active members.
CA as a Career
Chartered Accountants are in great demand in the current rapid growing Indian economy, thanks to the growing corporate sector. In any organization, Chartered Accountants occupy high and respectable posts. In any organization, the CA is responsible for handling accounts and finance related matters, deal with money management, prepare, analyze and audit accounts along with providing financial advice.
Professional Chartered Accountants have the option to be appointed as auditors of companies. They can also take up private practice of audit and consultancy. Some of the areas suited to the services of Chartered Accounts are as follows:
Financial Accounting, Corporate Accounting, Auditing, Cost Accounting, Tax Management Consultancy, Capital Markets
The student who would like to join the Course after 10+2 pass or equivalent has to undergo three stages to pursue the Company Secretaries Course i.e.
- Foundation Programme
- Executive Programme
- Professional Programme
The Student who would like to join the Course after passing the Graduation has to undergo two stages of the Company Secretary ship i.e.
- Executive Programme
- Professional Programme
Foundation Programme which is of eight months duration can be pursued by 10+2 pass or equivalent students of Arts, Science or Commerce stream (Excluding Fine Arts)
Executive Programme can be pursued by a Graduate of all streams except Fine Arts.
Professional Programme can be pursued only after clearing the Executive Programme of CS Course.
CS as a career
A career as a CS is strictly for dedicated people who have the ability to pay meticulous attention to detail. The main purpose of CS is to ensure that the company complies with all legal codes, performing duties often attributed to legal advisers.
Most CS work for individual corporations to specialize in that particular company’s department to make sure they are working in accordance with the laws of land. However, some experienced company secretaries prefer working on a freelance basis, being contracted for short periods by different companies. The work profile of CS is holistic in nature and has diversified options to move in.
ADMISSION TO THE CS COURSE is open throughout the year. Examinations are held twice a year inJune & December.
Cut off dates for admission to CS course:
For Foundation Programme
- 31s t Mar. –For appearing in December Examination in the same year.
- 30th Sep. – For June Examination next year.
For Executive Programme
- 28th Feb. -For appearing in both modules in December Exams in the same year.
- 31st May -For appearing in single module in December Examination in the same year.
- 31st Aug. -For appearing in both modules in June Exam in the next year.
- 30th Nov. – For appearing in single module in June Examination in the next year.
Common Law Admission Test (CLAT) is a non-statutory body created for the convenience of the students seeking admission to the various Law Universities in the Country under Memorandum of Understandings (MoU). An entrance test is conducted to provide a list of candidates on the basis of ‘merit-cum-preference’ to each University for admission to their UG/PG programs, as per the qualifications, reservation and other conditions laid down under the respective Statutes of the participating Universities.
The Common Law Admission Test (CLAT) is an all India entrance examination conducted on rotation by 16 National Law Universities (NLUs) for admissions to their under-graduate and post-graduate degree programmes (LL.B. & LL.M.).
Common Law Admission Test (CLAT) is a non-statutory body created for the convenience of the students seeking admission to the various Law Universities in the Country under Memorandum of Understandings (MoU). An entrance test is conducted to provide a list of candidates on the basis of ‘merit-cum-preference’ to each University for admission to their UG/PG programs, as per the qualifications, reservation and other conditions laid down under the respective Statutes of the participating Universities. The qualification and other details as provided by Statutes of each University for admission to UG/PG program, is given as follows:
For U.G. Programme:
A candidate should have obtained Higher Secondary School/ Intermediate (10+2) or its equivalent certificate from a recognized Board with not less than 45% marks in aggregate (40% in case of SC and ST candidates), as prescribed by the respective Statutes of the participating Universities.
Admission to UG
1. The merit-cum-preference will be the basic principle of admission for CLAT 2015 and the allotment of candidates to various NLU(s) will be based on the same. Hence, an online counseling would take place after the announcement of the CLAT 2015 results from 21st May 2015, wherein the candidates will be able to mark the preferences of the NLU(s) for admission within the stipulated period mentioned in the schedule.
2. The specified number of the candidates from various categories will be allowed to participate in the online counseling against the actual seats available with the participating NLU(s).