In fight with CA....but unable

Hello there...

Interesting observation dude but each of  these courses covers up only a small part of what we r into.....n i think its a fair chance for those who wanna make their carreer in Finance & Accounting....... coz every1 don't have Guts do C.A...

                                                                            CrAzY AccOunTantS........

 According to me ,YES,this courses are surely taking advantage out of our profession and there is wrong impact on our profession but they can never take the place and dignity of CA.

CA are the letters of TRUST.

And these small courses can get some short term profits but finally the crown is ours.

We get what we deserve - Swami Vivekananda.

To get more out of everything we have to make ourselves more deserving because we cannot get more or less than what we deserve.

I believe that no one from the other courses is taking advantage as such. There are a whole lot of skillsets which CAs do not have.

CAs are not all rounders, nobody is.

In my experience in the India Inc, this is what I have observed in the CA community -

On passing the CA exam, the candidate starts feeling superior to everyone else. A lot of ego is seen. Further, there is no interest in further knowledge enhancing, reading and research, their attitude is that the degree is there and nothing else is required. They have a feeling that on getting this CA degree, now it is the time to enjoy, have fun. These statements apply to people from other courses as well. The real challenege according to me comes on becoming a CA, and thats something which many CAs possible understand but do not realise.

I put it this way -

If one is into the due course of learning professional swimming, he has to ensure that he swims perfectly in a 5-20 feet swimming pool. This stage is that of clearing all the exams.

One doing that, the comfort zone of that person would be swimming in the 5-20 feet swimming pool. However, to be a great swimmer, to do something out of the box, to achieve something which is way above average, this person will have to get out of his comfort zone, jump from 2-3 floors, jump in the sea, in the river and  show the world his passion for swimming. He must show the world and himself that he has the ability to come out of his comfort zone and stay there consistently.

However, in my experience, the new CAs are quite reluctant to come out of their comfort zones. When we all know that our course doesn't teach us leadership, management, emotional intelligence, networking etc, which are the most important and basic skill sets required to succeed....we need to work on it. More than the knowledge, formal education, degrees and intelligences, attitude matters. Emotional intelligence contributes 80% to success, the share of IQ is less than or equal to 20%.

How many students/qualified people take the initiative for reducing this gap between CAs and others? I think we all got to come out of our comfort zones.

DEAR SIR,

THE CONCERN OF MY OTHER CA PROFEESSIONAL COLLEAGUES IS WELL UNDERSTOOD AND APPRECIATED.

we need to dwell deep into the present situation,WHICH HAS HISTORICAL ROOTS.

THE ICAI WAS SET UP IN 1949,NEARLY 60 YEARS BACK.THE NO. OF CAs PRODUCED  SO FAR IS BETWEEN ONE LAKH AND TWO LAKHS. THIS WORKS OUT A MEAGRE NO. OF ABOUT 2000 OR 3000 NO. OF C.As PER YEAR. CONSIDERING THE DEMAND FOR FINANCE AND ACCOUNTING AND TAX AND AUDIT PROFESSIONALS WHAT WITH THE TREMENDOUS INDUSTRIALISATION AND COMMERCIALISATION AND LIBERALISATION OF THE ECONOMY,THE DEMAND  AND POTENTIAL FOR C.A PROFESSION IS HUGE.

BUT IF ICAI PRODUCES MORE C.As in the past or in future, , there will also be criticism of more supply and less demand.

The need for extreme specialisation IN VARIOUS BRANCHES AND SEGEMENTS OF FINANCE AND FIN. ANALYSIS ,TAXATION / ACCOUNTING ETC... and ambition of a few individuals and institutions to afloat similar SUCH insttutions to exploit THE present lesser supply of C.As resulted in formation of many similar such institutions.

SUCH A SITUATION ALSO HAPPENED IN OTHER PROFESSIONS LIKE MEDICINE OR ENGG. WHERE WE HAVE RMP / ITI s BESIDES QUALIFIED DOCTORS AND ENGINEERS.

BESIDES A SOFTWARE ENGINEER, WE HAVE MCA / BBAs ALSO SURVIVING ALONG WITH THEIR WELL QUALIFIED PROFESSIONAL BROTHERS.

THE GOVTS. BOTH CENTRE AND STATES, THE LEGISLATURE AND POLITICAL PRESSURES HAVE THIR OWN EQUATIONS AND CALCULATIONS BEFORE ALLOWING MANY INDIVIDUALS AND INSTITUTIONS OF SIMILAR NATURE TO BE BORNE AND SURVIVE .

WE CANNOT PREVENT AMBITIONS OF INDIVIDUALS OR INSTITUTIONS  IN A DEMOCRACY, WHERE PEOPLE  WISH TO FLOAT SIMILAR INSTITUTIONS.

WE ALSO CANNOT PREVENT AUTHORITIES TO GIVE PERMISSIONS TO SOME SUCH IND/INST. IF ICAI MEMBERS CAN SURVIVE WITH A DEMAND TAG FOR 60 YEARS IN THE PAST, THEY CAN , IAM SURE WILL SURVIVE FOR MUCH MORE TIME S IN FUTURE ALSO, THANKS TO ICAI TRAINING FORMATS FOR EDUCATION AND TRAINING .

THE ICAI IHAS ALWAYS BEEN UPDATING AND MODIFYING ITS SYLLBUS/TRAINING FORMATS FROM TIME TO TIME TO CATER TO MODERN DAY DEMANDS/TECHNOLOGIES /NEEDS OF OUR ECONOMY AND OF THE WORLD IN ALL REQUIRED BRANCHES.

ONE HAS TO KEEP ABREAST OF LATEST CHANGES AND NEEDS CONTINUOUS EXPOSURE TO THE CHANGING SCENARIOS / TECHNIQUES TO COPE WITH THE DEMANDS MADE ON HIM FROM TIME TO TIME IN ANY PROFESSION INCLUDING C.A. THIS I FEEL IS BETTER THAN FEARING THE UNKNOWN / UNCERTAIN . R.V.RAO

Acc. to me there is not a much effect on our profession due to these courses

insteda these cn b helpful for our professionals. . .

its a gud change n gud chance for tose hu don't have enough guts to do CA or eho wants to set their Carrer in Finance or in a shorter period. . .

i hopes hese small courses r gud for INdian Economy. . .

This is a welcome move by others as there will be plenty damages caused by employing these categories the employer will realise the mistake.

He will then change his mond and revert  to CAs only and will advise his associates also to follow this.

We CAs not bothered about all these mushrooms...

मैं तो कहता हूँ की CA institute को अपनी dignity बनाये रखने के लिए कुछ तो करना चाहिए