What is difference CA and ICWA?

CAICWAThorough knowledge of every aspect of accounting, auditing and taxation.

Knowledge of cost and financial management to ensure a fine balance between expenditures and available resources.

CAs are involved in core accounting work of an organizationCost Accountants are involved in the costing part of financial transactions.

CAs analyse risk and design efficient financial system

Cost Accountants assess the feasibility of projects vis-à-vis available funds

Taxation and auditing are main duties of a chartered accountantCost management and designing cost control methods are main duties of a cost accountant

Important skills required is that of patience and confidence to handle responsibilityGood communication is a key skill in cost accountants