Tarun
(AM)
(216 Points)
Replied 18 May 2015
Big 4 has worst obsession for rankholders and 1st attempter.
I did my articleship through a very good mid size firm of Chandigarh city.We even had audits of few listed companies. It was a firm with 20+ very prominent CA's of the area.
The son of Managing Partner did purely flexible dummy. He never did vouching. Never made Balance sheet. Never did tax audit. He used to ask questions like " yar wo expenditure disallow hone ki daily limit 20000 hai ya 15000 ya 25000?? yar wo tax audit-44AB ki minimum limit 30 lacs hai ya 60 lacs ??" he asked these questions when we were in PCC and he was in final.
He disappeared from the office totally for like 6-8 moths and cleared CA finals in one go.
Next thing, he got transaction and advisory in one of the Big 4.
Big 4 went gaga over his marks. Big 4 gave him 10+ lacs package just on the basis of 1st attempt. He specifically told us that Big 4 partner said that " Articleship is kept in CA just to provide cheap bonded labour for practicing CA's. We only value intellectual abilities shown through attempts and marks and ranks. Those giving multiple attempts are good as chaprasi in my office.You had 1st attempt and thats all that matters. Those are big fools who are doing articleship. Hahaha. How easily they fall in the sugar coated articleship dreams.No big CA allows his son/daughter to waste the time in articleship. "
This is how mind works of a partner in Big 4.
Nafis saiyad
(Article)
(118 Points)
Replied 18 May 2015
Greatest Buddy
(Finance Professional)
(173 Points)
Replied 30 May 2015
Greatest Buddy
(Finance Professional)
(173 Points)
Replied 30 May 2015
Peeyush
(Proprietor)
(54 Points)
Replied 19 July 2016
I wish this argument was judgemental for other professions also , like MBA's, Doctor's, Lawyer's, Architect's and so on. Intrestingly people are so eager to jump on the edge of their ego, when it comes to attempts. Different people have different IQ when it comes to clearnce of exams.
There are people who see this link as an example, but one should take this as a discussion only.
For me experience matters the most - hands down.
Gud luck!!