translation : Today I took it home, which yo CA driver taking his friend back home and have already CFA was saying and he was very difficult to CA. Respect
CA…
Indians are harder than CAs
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CA is full of cr** like “vouchering,” which is the work of minions, not decison-makers. So, yes, I suppose the CA is “harder” than the CFA in that it involves more pure “stuff” to master and remember, but the vast majority of this “stuff” is irrelevant to making serious money, so irrelevant to CFA and certainly irrelevant to Americans.
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I loved the part in the article cited above where passing the Indian CA requires “sheer reading without understanding.”
Only in India would this be considered praiseworthy. “Congratulations, you passed with high marks. Do you understand anything in accounting?” “Uh, no . . .”
I love Indians who discuss ca
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My problem with the question is that, I would never study something based on the difficulty.
I don’t think that’s a good perspection going into it. If say you choose one over the other thinking/ knowing it is the easier one, does it mean you are not going to try as hard?
To succeed in any industry, you have to work your hardest regardless.
That’s my comment.
NANA
Hilarious!
CFA exam costs heavily to candidate who want to reappear whereas CA candidate can apply for just for INR 1000-3000 / - hence the passing rate is low in CA.
And please quote the passing rate of each Group also so that you will understand what happens. CA Inda Each group individually has higher pass percentage like 20-30% sometimes it toll to 40% also.
CFA has more than 70% genuine candidates prepared for exams whereas CA India would be having far lower ratio. This is only due to low cost for appearing exams. If CFA costs are relaxed the ratio of pass will certainly become real single digit.
I’m a CA in Canada and a level III CFA candidate. I got >70% on all buckets but 1 on level 2, so I know the material well enough to make an informed comment on this. From my perspective, CFA is much more difficult than the CA in Canada - if you had a bunch of CA students try and study for the CFA program the pass rate would be much lower than if CFA students did the same for the CA exam.
CA is rote memorization with some level of analytical skills, and you can get around marking with the approach used to write your answers. CFA is much less subjective, especially with the multiple-choice format of L1/L2
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The F in CFA accurately describes what happens to CAs after they graduate and move on to take the CFA.
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CA
CFA vs CA That phase when you have to choose between two careers is but of course very confusing as you do not know what decision to make. Of course, your entire career depends on this decision, taking it definitely is not going to be easy. And then deciding between two toughest career options that is CFA (Chartered Financial Analyst) and CA (Chartered Accountant). May be a little information can help you decide between the two.
We will discuss the following in this article –
- CFA vs CA Infographics
- What is a Chartered Financial Analyst (CFA)?
- What is Chartered Accountant (CA)?
- CFA vs CA Exam Requirements
- Why pursue CFA?
- Why pursue CA?
^ CA final both groups have 5% result. But individual groups have pretty good % of passing candidate. There are lot of applicants in ICAI or CA…Hence passing percentage is low.
Indian CA is time consuming and one has to work under CA firm / Practicing CA for at least 2-3 years for appearing CA final.
Any professional course which consume more than 4 years is really undesirable. One should start these qualifications either just after 10+2 Schooling or soon before completion of graduation. Passing CA in India is not job of person who is working in industry…because person is not allowed to appear exam unless he is working for any CA firm not less than 2-3 years (which pays less to interns)
Mugging ans recalling tax laws is memory dump. That is not called tough. I have coached CFA and FRM Candidates who did their CA from India. Must I say I was taken aback knowing how shallow they were. So no CA is no way harder than CFA
And this you are saying having done both. CA and then the CFA. Speaks for it.