Matters Requested to ICAI President

I think its better to reduce the articles period and making industrial trainign compulsory as said by Mr. Dasarath. It gives better exposure ...........

I agree that Pre articleship training would be of much help to d students but the thing to be ensured is that it should not be a theoratical training it should be a practical one....Therefore, I request Mr. Dasharath to elaborate his concept of Pre articleship training.

Hi Manasvi,

Thanks for your concern,

I have mentioned the motto of the pre-articleship training, now its upto the ICAI and the government to frame its structure.

However, I would like to suggest that this training should be a combo of theoritical and practical subjects and it should also meeting of students with articles having 2 years experience and at present under articleship only.

It will provide insight knowledge to the students becoming article after the training and seniors experience can provide them way to solve the forthcoming problems.

Suggestions/Comments expected, (Click here if you liked this post)

Regards,

Dashrath Maheshwari

 I personally feel we cant learn anything in 1 year. But there are other major things need to be addressed - like atrocities in name of articleship, poor question paper in CA exams with blatant errors, lack of standard format of attendance register(to punish the members for extracting excess work from article assistants). I personally feel those who set wrong questions or give wrong answers in the RTP or suggested answers be tried for "gross negligence" and should be referred to disciplinary committee. 

I'm not agree with Mr. Aldrinein above matter.

He means that CAs should do practice only and if some one wants to do job, he should do MBA specialization, Dear friend, CA is a profession of master mind peoples and they don't have boundations in the work of mind.

Yup, I agree that practice is a way for them but many of the CFOs in biggest corporations are CAs only, it proves that there is no boundaries for the CA in the Audit/Tax/Accounts/Finance/ and any other related function.

CA is a most dignified profession, I want to share one incident of my student life, Once, In hurry to get in time in the class, I have crossed the Traffic Signal and cought on the spot. When I said that I'm a student doing CA and as I want to attend the class in time, i was in hurry and forgot to watch the yellow signal, traffic man said its not the reason for crossing the signal and you have to pay fine of Rs. 100.

He taken my licence and took me to the SIP(Traffic). I told him same thing agn, he asked for I-Card. And you can't believe, I was also surprised that he said sorry dear, that traffic man don't know about your profession but I know, you can go now but leave home at time to reach in time. Next time don't cross signal in hurry.

This is only a small incident showing the the value of us.

but an MBA(Finance) can't have such dignity if he is not from IIM like institution.

MY DEAR friend also said that industry experience is not needed to practicing CA, I don't think that any practicing CA is about to same thinking.

Industry Experience is key to the roll of a practicing CA, he can know the practical aspect as well and insight knowledge, where he should take care while doing audit.

I would like to request my fellow to not to compare professions but to expand them.

I have never asked about what tablet i should take, when its pain in the head, I just go to medical store and get a pain killer of my choice. but it doesnt mean that I'm doing a job of doctor.

Everyone managing its own fund but it doesnt mean that he is a fund manager.

I'm doing a finance function job and I bet if some MBA (Finance) can do my job, yeah, any chartered accountant can do for sure.

But..........its hard to be in articles for 3 or 3 1/2 years..........Anyways How many qualified members are rellly good in knowledge.........eve if that is the case..........its all depends on the person .....Anyways We students has to suffer at the end of the day..........

 I think Articleship Period Must be cut down to 2 years and Industrial training must be kept Optional 

 as of now i am just wondering when will they reduce our articleship period to 3 years (for PCC scheme)

i agree with Dashrath Sir.

Articleship is merely a means to get cheap manpower by CA firms.

Nobody really opposes it because as an article you know that you will only suffer for 3 years. After qualifying you will have the pleasure of exploiting this cheap labour source in your own firm.

It's a bit like ragging in college. Your seniors do it to you once. Then you do it to freshers for the next 3 years.

Mr Aldrine ; it seems yu have taken thekaa of all the articles of icai. plz do ensure that all the articles get exposure in all the fields related to CA(ol fields as well as new emerging fields).90pc of articles are doing articleship in small firms;where quality of work is the same. Where's the varied eposure.What's the use of doing 3.5 yrs licking the same CA's soles; when we can' t take transfer to better firms in the same city.

All of us know that ICAI treats articles as majdoors as we come cheap.

Do u guarantee all of us get articleship at big 4?

And who are u to tell us that if we want to go industry we should go for MBA and not CA?

We chose CA not to do the same income tax filing,auditing of some baniyas; (income tax filing,audit report,VAT report can be done by bcom passwales and the signing is done by giving it to fresh CAs by gining them some share of the fee) ; becoming obese sitting and snoring at the office; shouting at employees and having khokhlaa pride while open minded CAs are exploring new opportunities.

Dasrath sir is right and i like his proposed scheme.But there are selfish men in icai who are with vested interests; who wont let this happen

/forum/message_display.asp?group_id=52453.

And icai says that we should try to fuse the theoritical portion with practical knowledge.plz tell me if we can combine labour turnover rate in our training

Dear Maheshwari Sir,

If you are left for breaking a traffic signal on the grounds of being a CA student or CA, it would be completely unfair to justify it. You should have been treated the same way any other person would have been. No one including CA is above law.
I think you should feel good you were not fined and thank god for having encountered such stupid law implementer who left you because you were a CA student!

However, there is no reason to justify that CA has value on the basis of this incident.  It’s like saying that if a minister’s child would do a rape; he is left free, so see minister has so much value. It might sound valuable to the minister and his colleagues, but this would certainly not be accepted by public as “value”. If you feel I am wrong, I am sorry, I have no issues if you and everyone out here feel great with such bias. But certainly, it would pinch you one day in some or the other form

Further, wrt to the last sentence, I can surely challenge that the job which you do, can surely be done by some (not all) MBA finance or even bcom graduates. I’m saying this being fully aware of the fact that I don’t even know what job you are doing, that’s because, I don’t think that CA or for that matter any other degree on this earth is a proof of capability of a person. Further, the job of an MBA is not to do the work, but to get it done, and I am sure a CA would not be able to do this as good as an MBA would do.

Knowledge and experience wise, there are lakhs of people who are far smarter than any of us; it’s just that we may not know them. We would ideally know only those people who became CA and got some 10 or 20 lakh p.a. in some organization. The reason we don’t know the former is probably because they are on their own, they don’t dress in the way other people like or speak in the way other people want and off course they are far above the 10-20 lakhs package class which most of the qualified people belong to.

The sad part is that many organizations consider degree as the only proof of capability; however, this is not a hindrance at all for truly talented people as they would anyways do well in life even without having a job. History has shown that true talent has been rewarded. Forbes 500 list of richest people is a burning example, which is dominated by people who never attended schools/colleges or dropped out of it.

I fully agree with you on all other points and I am glad to see the letter written by you to the ICAI giving valuable inputs. I am sure if they are implemented, they would add value to the CA brand. And there is definitely no denying of the fact, that CA has no boundaries in the Audit/Tax/Accounts/Finance functions. So anyone who wants to do a job in these areas should surely opt for CA and wish that your suggestions of learning pattern are implemented.
 

To see the value of CAs see - /forum/message_display.asp?group_id=48993

For more on CA vs Other Professions - /forum/message_display.asp?group_id=52990