Is this the ca life ? should i quit ?

Articleship 1963 views 23 replies

Hello guys , I have completed my CA CPT, Inter both groups in my first attempt . I am fairly confident i can clear Final too . I will tell my complete story , I was never really intrested in CA and i am honestly doing it only to satisfy my parents . I was kinda forced into this and i had no other option , Still I never gave up on studies .After clearing my IPCC at first attempt , I tried joining a big 4 but i was rejected in the final Partner level interview because I didnt have any refrence and guy who was competing with me had reference ( I am still Happy because i was able to clear test , GD , HR and Technical interviews ).

Then I joined a Really big and famous firm India ( I dont want to name ) . I worked there for 5 Months , It was all fine I went on few Audits and learnt few things , until i was transfered to concurrent audit . I absolutely hated it , But did that 2 months . I had to quit because of a silly problem i had with a lower level worker  , Yes not anyone related to my work . She just maintains office's bills , timesheet and employees register . (*Skip if you don't want to know the reason* She tried to command me I said work only under my partner and audit manger and not under her , she complained to my manger and partner saying I disrespected her , She is their employee for 15 year so they supported her , Hence i decided to quit ) 

Then I joined a really small firm I was once again sent to concurrent audit for 4 Months , I did few Internal audits and stock audits here and there .I got sick after that , I was adviced by doctors to have a surgery , so I took leave under medical condition . But then later doctor adviced against the surgery. I was to return back to work , But i didnt . I spent few months wasting my time in home doing nothing .So far i have worked for 1 year and have been on sick leave for another 4 months , all my Final exam leaves are wasted already .

I really don't want to go back , I have wasted my time even working . I learnt nothing working everywhere for 1 year except Vouching and few Audit related things . I don't want to go back and do accounting on tally for clients . Or visit a goverment officer with bribe . I dont want to go on a long audit trips just to be denied of documents asked and do what client wants to do . 

Is this what you all article assitants do ? I have spent my time learning procedures and vouching and verification . I have no idea why do we do that . 

I am intrested in Finance side like Portfolio Management , Asset management and Financial Analyst .But I am sure there is no CA firm doing that and i have to do MBA(Finance) to start a career there . I feel Like i am wasting my time and life in CA. My parents and relatives are worried about that , they think I am just lazy and I am too afraid or I am too dumb (Yes few people think so ) to finish CA .I am not running away because I am afraid , I want to leave because I dont see a future here I dont like to do all these. I have my CA Final exams coming up in 1 year . I am very eager to write it , I Can study for it even for 20 hours a day. I HATE ARTICLESHIP . Everything we do is against law from Tax evasion to bribing etc. I havent learnt much i have no CAs in my family , I Dont want to set up my own firm and do the same things , I dont think I will be competent to work in a big company as i am not going to learn much in this small firm .

So guys should i quit ? 

Replies (23)

It appears that you are under tremendous stress and feeling insecured for what ever has happened over the years during your training period. The more you allow such thoughts to keep haunting you, it could lead to depression and spoil your image.

 

Come out of this kind of negative thinking, most professions and businesses are all mired in some kind of vicious cycle in terms of how much ethical or unethical they are. We do not have a measuring scale to know the corrupt practices followed in both Government or Corporate sector. It would also be impudent to paint everyone with the same brush to be called corrupt.

 

Your notion that Chartered Accountants don't handle Portfolio Management, Financial Analysis etc is all a myth and the reality is different. May be either you lack awareness or been guided less on the career front, thats a bit unfortunate. You are seeing glass half empty in all your actions, please change your thinking and get pragmatic.

 

All the best for your career aspirations. 

No don't leave go ahead in life
Don't disguise over
I just want to say u that the CA degree will provide you various opportunities and chance to change the existing corrupted/wrong system to a clear and right the path for various suffering students and public also, if every one complain than who will change the system... Students like u who understand the problem dont come for solution rather want to escape.... Just commit yourself that the problem faced by me will not be faced by other students. I will change the system after qualifying. Aslo its too late to look back and go ahead with whatever u have. First complete the CA and bring the change...all the best
Your attitude is wrong. Please don't blame the system and qualify and try to change it
Hey brother pls dont quit
If u r not interested in CA then u can leave it but if u complete CA and do something in addition to that whatever u like u would be weighted more in the society and also able to gain the other things in a much better way.This can contribute to your career the other way.Take an informed decision so that u dont have to repent later.
Hey Man !!! In upcoming time we can rock in our client places as what we are going to learn now mainly IFRS n GST about which top level managmen t are still unware will be having huge demand ... So better enjoy it n love the wqy lie :)
Let me say few things very honestly. Firstly be humble and respect others irrespective of who they are including the lower level workerin your ex office. Secondly part of what u say about articles and corrupt practices is very true. Thirdly from the beginning you never wanted to do CA with even half courage and energy to write this you should have convinced your family against forcing you into this course. Finally make an informed. 100 percent responsible choice NOW 1) either continue and try to complete Final or if you think you are undergoing continuous mental stress even after ppl. convincing you to complete ca, please quit. Then if u r well off financially do CFA international degree relates more to Capital mkts Portfolio of your interest, upon completion very good opportunities with top mncs in India itself. Else sit for CAT or GMAT and do MBA ( even now its not late) from Top institutes Whatever decision be firm in it and live your life, don't take so much pressure at such young age. All the Best
You know what your problem is that you've problem in every situation. Yes at 1st stage of articleship every article have to do that, then you get higher level of responsibility. Bur every time you worked really hard for 1 year but then you quit. If you want to do Portfolio etc then first complete CA and start your career in it. Be a first one to Start this line so many frustrated articles who want this type of career might be looking at you as their role model. If you're a CA then you can do anything and the respect everyone will give is different. But you're struggling in that 3 years difficult articleship period so just finish it. Don't waste your time by hating it. You're willing to study for 20 hrs. So do it. Just complete it then you'll see the real world. Right now you're just an article ( frustrated as usual). What if after wasting 2 years in MBA you'll feel same as CA?? The real problem is within you. Its matter of perspective.
Common Shyam, I fairly respect what you are saying and hve been through the same.. But what I feel is that this degree snd experiences here along shall add on to our careers in times to come. So continue n achieve it without looking back.✌🎯
Common Shyam, I fairly respect what you are saying and hve been through the same.. But what I feel is that this degree snd experiences here along shall add on to our careers in times to come. So continue n achieve it without looking back.✌🎯
Most of the CA firms are only harassing the articles. Their objective is just to earn money. They dont care whether articles are getting good exposure or not. Even some clients are very mean. But CA firms dont want to lose them for money. Articles suffer in between!!!!!

Hey shyam,dont get frustrated & you are not dumb since you have clear your cpt & ipcc in first attempt.Dont worry that you didnt get chance in big four because comparitively in small firm you will get good exposure of work like VAT,EXCISE,SERVICE TAX,INCOME TAX.

I would suggest you if you are interested in ca then only you should go further because if you willnot be able to clear it in 2 or 3 attempt you will quit, wasting your time.

you are saying that you are interested in portfolio management this you can do it after completing your CA also.

Talking about MBA finance, only MBA from top colleges has value & to get admission there is also tough & costly.

so i would suggest you to continue your ca final wih articleship.

Best of luck

 

 

 

 


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