The Company Secretary course is the 2nd most Dominating Professional Course in Commerce, right after that of the Chartered Accountancy Course. Although both of these two courses are strictly professional, as they can be practiced, still these are not the same at all and differ from each other.
A Chartered Accountant is a person who is actually an Auditor of the Company and is solely responsible for the auditing and the inspection of the financial statement such as that of the Balance Sheet and the Profit and Loss Account, as well as other financial statement such as that of Cash flows & Several Annexure.
But the Company Secretary stand on a completely different footing, he is responsible for compliance of the corporate rules and regulations. A Company Secretary has to see whether the Company (whether private or public) adheres to those Corporate Laws and Regulations, which are prescribed by the Ministry of Corporate Affairs.
The Company secretary is supposed to shoulder the responsibility of overall corporate supervision and administration of other corporate activities, such as conducting the board meetings, maintaining records of the board meetings (such as the minutes of the meetings) issuing notices and circulars in the newspapers etc.
Apart from all the above mentioned duties and responsibilities, the Company Secretary also is required to authenticate and certify certain documentation, which is mandatory as per the notifications and circulars, which are issued by the Ministry of Corporate Affairs, Government of India.
Moreover, as per the latest notifications issued by Ministry of Corporate Affairs, Government of India, every public and private listed Company, having a paid up share capital over Rs 500,00,000/- is required to employ a Company Secretary.
Also as per the guidelines which are issued by the Ministry of Corporate Affairs, the Company Secretary is supposed to Authenticate and Certify all financial statements such as the Balance Sheet, the Profit and Loss A/c and the Auditors Report and Directors Report.
So all those desiring to fly high and make it big in the Commerce Industry should opt and choose the Company Secretary Course as A Career.
The above article was written just as a brief introduction on the Company Secretary, please visit our website more lots more information on Company Secretary and other Commercial Careers.