AFTER POOR RESULTS WHAT TO DO NEXT ?


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CA SURENDRA KUMAR RAKHECHA (Practising CA at Surat)     22 July 2010

CA SURENDRA KUMAR RAKHECHA
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Adding  my views : 

Originally posted by : argumentative indian


Dear Sir

 

These hard results will put CA Degree in the league of I.A.S, A.I.I.M.S , IIT, Rest of degrees are on sale in India with the help of education Mafia.

 (Fully agree).

But seeing the employment difficulties even after passing C.A, I have been compelled to feel it is not a advisable choice to new entrants. In fields mentioned above at least returns are assured.

(Fully agree till there is new crowd lured to do CA).

I am working in a very good company  and recently cleard cpt with 70% marks, Now I think to leave the job for Article ship is like jumping in the sea of uncertainty, where there is no guarantee of clearing the strom even you are sincere to your goals.

(Of course, you are right).

What else , It  is India - Country full of talented people with low oppertunity.

(Don't agree. At least 50 careers emerge from CA,CWA and CS alone). If you engage with good training firms or others (industry) as applicable to you; career is rewarding in comparison to the costs.

Advise your juniors to take science dump commerce. Those who have already into the mess.

(Don't agree. In initial stage; the focus of Sceince stream is also towards 'RATTA MARNE KA"  -regarding various formulae). The only problem with the students is that they don't engage themselves in studies since beginning of the career. Commerce students have habit to touch the books only in exam days. 

With no option left think positively, you have not failed but this session their was seats only for 400 people so they have selected top in merit rankings wise, you are not failed but there are 400 better people than you.

 (Fully agree particularly for this time).

Try again to be in those top, if fail try again till the blood flows in your vein, do not loose heart. This degree has some beautiful points also

(Humour : Even if you have some heart problems; so many hospitals direly need heart  patients although heart patients are increasing day-by-day in India. But fortunately no CA student is suffering from heart disease; so to that extent your words seems true).

C A   Advertisement (Hoarding)

Attractive Offer : 

NO AGE

(Whole life policy)

EASY ENTRY NORMS LIKE A TRAP

(But you will never feel like that) 

NO QUALIFICATION CRITERIA

(this is called the opportunity)

ONLY HARD WORKERS CRAMMER TYPE BOOK WORM

(hidden benefits - ask anyone who knows about us)

COURSE DOES NOT DEMAND INNOVATION CREATIVITY APPLICATION OF MIND JUST HARD WORK REVISION REVISION AND REVISION

(this is called a total new vision)

IMMENSE STATUARY POWER UNCOMPARABLE TO ANY PROFESSION.

(with full liabilities to keep records of all clients for 10 years)

IF ALREADY ENTERED DONOT LOOSE HEART FIGHT TILL SUCCESS. DO NOT BLAME ANY BODY IT IS MERIT BASED EXAM WHERE THEY SELECT TOP PEOPLE.

(The offer is valid for you only).

 

Summary :  

ENJOY LIFE. I HAVE SEEN PEOPLE TILL AGE OF 40-45 TRYING TO CLEAR BUT ALSO EARNING WELL SIMILIAR TO CA BY DOING ACCOUNTS WORK OF PARTIES.

BEAUTIFULL PROFESSION

 

GUARD....... ......(know more about new circumstances, we add all the new developments which take place.....from time to time......Rest next time...)

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sagar (CA Final)     22 July 2010

sagar
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I wish.. Institute should be specific about its expectations so that students will prepare accordingly...

it should communicate how we should write... but clear. mererly it cant say study hard....and labour will give u return..

 

helllll

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CA SURENDRA KUMAR RAKHECHA (Practising CA at Surat)     22 July 2010

CA SURENDRA KUMAR RAKHECHA
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Dear Sagar (& Others), 

 

You are right. No proper guidance are given to the students except good-good words. There is a lack of proper counseling to the students.

 

Initially; I have given certain funny comments but  we are here to ascertain what to do next when such poor results are there. 

 

I take the career as profit centre.

 

A businessmen has to close the business activities if there are no profits despite making huge investments. This is from businessmen side. Another side is that despite making huge investment by the investors; they were not properly rewarded by most of the companies; history speaks. 

 

So one has to take smart decisions. Only hard work will not pay. 

 

Here I wish to share my own experience. The Institute wish to qualify only those students whose performance is outstanding. The confidence of outstanding performance is rare in the students. The big question is why such confidence is not there. 

 

When we suggest students to refer certain modules and/or books; they are afraid of  big volume/size. At one time they wish to get one of  best course in the world and at the second time they don't wish to take pains. 

 

Very few students read regularly. It is a fact. Training is a burdensome for them and it is the reason that they feel fatigue. Although I agree that training is not up to the mark. But still whatever is available; a lot can be learned which students don't care during training hours. 

 

When students do vouching; hardly they apply their mind. It is just ticking for them. When they have balance sheet in their hands; they never try to compare the previous results. So the analytical exercise is missing.

 

They don't maintain their own diary what they did in a day. If they maintain their diary; they will be alert. Ask me how -  because they can analytically see what is their progress. This is the first step towards CA training. We check the records of others and therefore we should maintain our own records perfect.  Technically speaking; these records are known as working paper. 

 

Tell me; how many students see the NOTES ON ACCOUNTS of an audited balance sheet very carefully. For them; this is just a copy paste exercise.  Whatever corrections are made by the boss; they don't take care why the  balance sheets finalized by us have been modified. 

 

If one take seriously the NOTES ON ACCOUNTS part only, they will very well know about practical application of accounting standards. 

 

Similarly; students like to work on computers but when one sees the marks scored by them in MICS then the situation is very miserable. They just read the study materials and don't try to know which types of softwares are now available in the market.  They don't know how to install certain softwares which are freely available at various sites.  Very few have real  knowledge about  Management Information System.

 

The requirement of passing CA is to be at par with the Boss's working. (Don't comment on him, you have chosen yourself as your boss). 

 

Be so confident about the subjects that whenever you are asked about a particular situation; you can immediately solve that. 

 

The message of the Institute is : AWAKE ALL THE TIME.

 

Read my article ONE SHOT SUCCESS IN CA

(which has been copied at various sites and blogs)

and

thenafter read SECOND SHOT SUCCESS IN CA.

(which is very relevant to you all particularly at this time after the declaration of the results)

 

Also read my article REASONS OF LOSS OF MEMORY DURING EXAM DAYS and  REVISION OF WHOLE SYLLABUS IN DAY ONE.

(These articles are also copied at various sites and blogs).

 

Above all;  if  after preparation you can say that YES, I  CAN PERFORM EXCELLENTLY  then surely you will get success in CA exams.

 

Wish you all the best.

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sagar (CA Final)     23 July 2010

sagar
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Thanks Sir,

Your inputes are really good. you can see from both sides. I read every thing fully. I can tel you that, i work in a medium firm where A-Z all work I have to do.

Initially when I joined i was feeling afraid but soon I start taking responsibility, My boss started relying on me and all work that my boss had to see, I do. even clients and collegues ask me their clarification instead to my boss. I feel happy to help them. I remember I have helped my clients at very difficult situations and I give valuable feed back alsl. My pride is when people start enquiring about me and clients specifically ask my boss to work for them. I feel Happy when I remember I discharged from hospital just because september 30 was a few days ahead..Even I got job offers from clients. My boss is satisfied with my performance and he knows how good I am.

All the above was not self appraisal but a mere hurt that despite all my hard work and dedicated studies what I am so poor in securing marks in exam!!!

I will not quite CA.. Only thing I am asking is Institute should not do like this and if it has some specific expectations it should communicate clearly.

 

I feel too good to read your msg and I feel I fulfill all questions that  u have asked

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CA SURENDRA KUMAR RAKHECHA (Practising CA at Surat)     23 July 2010

CA SURENDRA KUMAR RAKHECHA
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Other CA students should learn from the attitude of Sagar.

 

When you are ready to take responsibilities; power will automatically come in your hands. The public is not fool. It realizes well  who is worthy and who is not. 

 

One practical example for all -

 

One of my client is residing in one of the village of Surat. With simple strategy (i.e. simplicity) he is popular in his village and he is helping others.  One mobile company was interesting to expand their network in the surrounding villages. After its survey; they found this is person who is the most suitable to be appointed as its distributor.

 

Now his turnover is to the extent of some listed companies but still running a proprietorship concern !

 

Now further I explain :

 

For one issue; I told him to clarify from the company. His son immediately attended  the officer of the company  and waited for 4 hours to discuss the matter. Ultimately at 10.00 pm the matter was solved. He had to live in Surat for that night.

 

This is the attitutde of a villager !

 

Whether CA students are following such  attitude  towards their profession ?

 

If yes; be sure there is a career whatever is the result.  No need to ask for multinationals. When you go to the multinationals; you can't live your own public life - it is my opinion.  

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Sids (ARTICLESHIP)     23 July 2010

Sids
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Originally posted by : SAN...

THANKS TO DEAR SURENDRA RAKECHA SIR FOR YOUR MOTIVATION..

PLEASE KEEP GUIDING US.................

 

THANKS ONCE AGAIN

seeker (JUNIOR OFFICER)     23 July 2010

seeker
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Sir

 

 

I feel elated as you tried to improvise on my base data. It was your discussion with Krunal Sharma and Jose panesar on quality of CA Course that motivated me to take interest in this forum and prepare for CPT.

 

Thereafter I found your presence in forum negligible, Some time back I read about you of  taking some position in Gujrat State ICAI, I congratulate you on that responsibility wish you can take the inputs of this forum to the authorities.

 

I believe this forum fulfills the gap that exists for students of indirect education mode. For example I just learnt from you  theoreatical part is equally important in case of cost and accounts as the practical part.

 

I request you to be present at the forum regularly. Special thanks for your appearance at the time of such a inspiring result as personality like you can work as a moral lifting light in the darkness of failure.

 

One earthern lamp can defeat the sea of darkness.

 

One more thing I have not found you ever  of agreeing with any of suggestion related to functioning of ICAI, I like this stand of yours and have a secret  desire of getting in to a intense argument with you on this area..

 

At present I do not find myself eligible for that argument with a towring personality like you as I am just going for IPCC.

 

Please be there regularly in forum.

 

Well it is difficult to have interaction with the people like you . I am tempted to utilize this opportunity , If you have time kindly , otherwise you can ignore it as Authorities in my country has always done with masses :-

 

Also forgive me for any wrong statement :-

 

A). Transparancy – There is a merit list in CAT, CEET. PMT or any engineering ,medical exam, There students gets the actual feedback of their performance.

 

But in ICAI student’s result is controlled by delibrately decreasing their marks, do you justify this act. If this does not fall in the category of cruelty. Autocracy.

 

I Suggest ICAI should display actual result and number of  students to be taken should be declared well  before exam 2.-3 months ago. so that students should know in advance level of difficulty

 

This is called transparency and fair game played by honest people

 

 

 

B). Just assume the GOD IS GREAT as your son and feel his pain. He is totally frustrated and lost the desire to pursue further.

 

He is trapped there is no return back after investing 4 deciding years of life in a developing over populated country India.

 

If only Article ship starts after completion of Finals He could have changed his course in first year itself  but he carried on with system of articleship . System got cheap educated man power and precious youth will go into middle age as dejected, frustrated soul without enjoying the springs of youth.

 

CA course is less important than M.B.B.S, There internship starts after 4 years. Then why not in ICAI.

 

Lust for Cheap man power, myopic people . They should employ people ( Accounts Asst. Staff )   and cover the cost from companies instead of expoilating innocent articles.

 

C ). I am yet to satisfy myself how ICAI manage to give training to different Articles during their training period.

 

How he checks if students has got training in every aspect of his course auditing , taxation, etc etc and etc

 

Urgent attention needed on this phase, who will train, What will he train and how will hetrain what is his infrastruture, how icai will moniter. Big silence

 

D). I sincerely feel english language paper should be added in CPT, It is in Compulsery in CAT.

 

Last but not least

 

If a course has the potential  to open 50 different emloyment avenues as per your statement still that course does not give employment guarantee , Then one can only imagine how badly that course designed, crafted and  managed .

 

 

One last suggestion – This is time of specialization why not divide course in two parts

 

 

One for metro students aiming for MNC remove article ship part and make them best Finance professional of the world at par with IIM. Deprive them from statutory powers any way they do not utilize it.

 

Iind for hard core chartered accountant , lengthy course with articleship starting after competion of final.

 

This is enough for now.

 

 

 

I just have to add for your 50 employment avenues statement

 

SOME THING FOR EVERY THING PRODUCE NOTHING.

 

Your are free not to respond. Today I finished one of my desire.

 

I KNOW NONE OF THESE THINGS GOING TO HAPPEN AS NEXT FIVE YEAR THERE IS NO CHANGE AND MOREEVER THEY HAVE TO TAKE PERMISSION FROM PARLIAMENT TO CHANGE ACT

 

WAIT  FOR  OPENING UP OF EDUCATION SECTOR, LET THE BIG FOREIGN UNIVERSITY TO COME THEN SLEEPING PEOPLE WILL AWAKE

 

BUT IT WILL BE VERY LATE THEN.

 

IF YOU DO NOT VALUE THE LIFE OF STUDENT ONE DAY YOU WILL LOOSE YOUR CREDIBILITY, RESPECT AND EVERY THING.

 

 

Regards.

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God is great (CA final student)     23 July 2010

God is great
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Dear Argumentative Indian,

Firstly my salutations for you, I could not thank you because my system is showing some javascriptt error, sorry for that.

"Just assume the GOD IS GREAT as your son and feel his pain. He is totally frustrated and lost the desire to pursue further".

Thank you for your concern towards me.

God is great (CA final student)     23 July 2010

God is great
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Read my Forum thread

" Do we need more stringent entry into CA"

share your views for the sake of Future CA students.

seeker (JUNIOR OFFICER)     23 July 2010

seeker
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Dear Friend

 

I was just thinking about you, I request you to appear next time with double hard work.

Please read phir bhi dil mange ca, I wrote it after reading your first message

There is a light after every darkness. they himself have predicted shorage of CA in coming times morever Indian economy growin at the rate of 10 % will boom only in coming years that too on shoulders of people like you.

do not loose heart it is timely slump be focussed who knows next year it will 30 % , after all how can economy sustain without support of educated skilled people.

In the end again

Love the course do not hate it  success will come automatically to you.

look for perfection owning the contents of material, be owner of course not treat it as tenant I mean just for passing.

I hope success god will knock at your door next time and ask how much marks you want.

 

regards

 

 

 

 


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