Are ca on way to become ga(glorified acc...)

The  salaries offered to Chartered Accountants are  abysmally low. A Ca securing top rank in whole of India is offered only Rs12 Lacs per annum whereas IIM Ahmedabad MBA  is being offered  CRORE!!!!!.

The difference is huge ,that too when the knowledge level and effort put in by a CA is far better than a MBA.

Has CA lost its Lustre?

aap usme admin ho

So what do you suggest we do, Juhi?
How do we empower ourselves?
 

Sorry Divya,I am late in replying. I was busy and net was not available.

It depends on the aptitude of the individual person. If You are interested in Education, You can do a Phd. and go in to teaching technical subjects where there is huge shortage, after doing CA as CA is a post Grad Degree.

If You have aptitude  in  finance you can do a short course in Risk Manangement which has good job prospects. Another field is Stock and Commodity Markets where You can excel by Learning Technical Analysis of Stocks and Commodities.

You see it depends on type of person. CA can be used as launching Pad of a career.It has just become like Medicals where MBBS has no value and You have to further do MD, DM etc.

Oh that's quite alright! 
Thank you for sharing your valuable views! :)
 

With the proposed changes in raising the threshhold for   Accounts  to be audited  and restrictions on number of companies a CA can audit,the number of CAs in practice is bound to reduce due to reduction in audit assignments available and it would push more CAs toawrds Service where MBAs are already  ruling the roost.