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Why hasn't India produced a services firm like the big four?

Others 844 views 7 replies

Why hasn't India produced a services firm like the big four?

Are Indian CAs too conservative and hesitant on taking on bigger opportunities?

What do you think?

Replies (7)

I think Indian professional tried to just Join the Big 4 as soon they got offfer

 Global level of Entrepreneurship is lacking in indian Accounting profession. Its amaiging to note that  Indian professionanls are  well recognised in Big4 but our professional not  treid to start  their own,to make  Big 5

Originally posted by : Pravinchandra


I think Indian professional tried to just Join the Big 4 as soon they got offfer



 Global level of







Entrepreneurship is lacking in indian Accounting profession. Its amaiging to note that  Indian professionanls are  well recognised in Big4 but our professional not  treid to start  their own,to make  Big 5

Rome was not build in a day

so a firm will not beome big 5 in short time, it will take years of hard work to stablished it as a brand and we Indian dont have such patience. for example now a day most final pass student apply for job than COP.

it takes around 100-150 years generally

IMO, CAs I've observed, generally spend their time saving Rs. 10, 20, from wherever possible, waste time on thinking how to trouble their staffs/ articles, thinking to earn money from funny ways, etc.. They rely too much on certain staffs/ articles in their attempt to save money on salaries/ stipend. When one or some of them leave, the firm returns to square one and things start to mess up.

 

That's why a majority of firms end up at the same place of their inception. It's their attitude.

 

That's my take... ;)

Originally posted by : SiDD_

IMO, CAs I've observed, generally spend their time saving Rs. 10, 20, from wherever possible, waste time on thinking how to trouble their staffs/ articles, thinking to earn money from funny ways, etc.. They rely too much on certain staffs/ articles in their attempt to save money on salaries/ stipend. When one or some of them leave, the firm returns to square one and things start to mess up.

 

That's why a majority of firms end up at the same place of their inception. It's their attitude.

 

That's my take... ;)

 fully agree

There is BMR... thats an Indian Firm which can compete with Big 4's


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