Piece of advice for new chartered accountants !!!

Truly said by ankur sir only ICAI membership is not enough for geeting a good job.You should have practical knowledge of work like Accounts,taxation tally ERP,SAP,Oracle etc.Employer need those employee who has practicaly knowledege One reason for  unenmplyment of ca is lack of practical knowledege.

thank you sir for your value suggestions

Dear All….this is not a conclusive suggestion to solve the entire problem of recent unemployment. This post is just a reflection of current market picture based on my personal understanding. You people are free to share your opinion.

Regards

Ankur  sir,

What u said all are true,

Now a days without having some software knowledge like Tally, SAP and other packages..They didn't get any jobs and they are preferring for knowledged person and not all seeing whether they qualified or not but taking them into jobs for there conveynce.

So if any want to acheive there targets they has to concentrate on employers (or) organisation requriments. Then they will got their dreams nto true..

Best Regards,

Karthikeya...

Originally posted by : Karthikeya2020
	So if any want to acheive there targets they has to concentrate on employers (or) organisation requriments. Then they will got their dreams nto true..

Very rightly quoted my friend....you have understood my point... it is all about employers (or) organisation requriments. and not doing CA and CS and CMA and MBA etc together…………….

I am not able to understand why the newly qualified CA's are fully dependent on campus interviews that they even do not think of the option of applying in company websites in the e-mail IDs specified therein. Also they do not approach companies in person and they think that by relying on campuses and not getting jobs through campus their life is lost and their career is at stake. I think there is a need for a mental revolution in the minds of these people to be more open to opportunities and to catch the opportunties at the right time when they arise. They have to think beyond campus interviews and realise that there are far more external opportunities than campus interviews. 

Hi sudarsan,

       I think, whatever suggestion u r giving, every fresher r doing it and did it

Sorry, But it is very easy in India to advise other, without knowledge of situation.

and same thing u r doing.

Thanks,.

I totally Agree with Ankur Ji......

you are absolutely right sir. what we had is sudden increase in supply of CA's at ressesion time. i belive this slow down is just temporary. and ofcourse the days are gone that just the word CA is enogh for your life. A doctor with just MBBS is not enogh for us now we need doctors with more degrees to cure our viral fever. like that CA's also need to specialise in areas, especially for those who are going for employment. there areareas like valuation, forensic accounting, taxation etc. even the institute itself is providing some of that courses. 

CA's should do more carrear planning. we should select a specialisation area which is apt for us, then develop and make ourselves demanded in the industry. the employers are not sympethetic towards us because we have worked day and night to clear CA. we should prove them that we are worth of hiring. the demand for CA's will increase only under whatever circumstances. 

ICAI should also change a lot according to the changing scenario. I think ICAI should restructure the 'articleship'. In the present way articleship is acting like a mechanism for ICAI to provide its members some cheap labour. its a fact that many articles are not getting proper training, many of them are used by the principals for there profit. there should be some mechanism to avoid at make sure that there is some value addition in the candidate by the articleship. like say, 3 year article ship period is to be divided into three parts. 

part 1 - Industrial training for 1 year (compulsory)[before Qualifying]

part 2 - Working in a CA firm for 1 year (compulsory)[before qualifying]

part 3 - Working at the same firm or different firm for 6 months (compulsory) [after qualifying]

institute should also mandate a feed back from students asking there experince from articleship so that they can make timely improvements.

I fully agree with Ankur ji.

Now a days the employeer (large organisations) needs something more than the qualification, like software knowledge like ERP, SAP, MS Office (at least expertise knowledge in Excel, Word & Powerpoint presentation).

Many a times it has been observed that hiring a non-qualified person with knowledge of the basic things with experience of 2-3 years is beneficial to the organisations as compared to employing a fresh qualified CA who does not posses profeciency in softwares.

No doubt that the qualification is an added advantage but only qualification is not enough now a days.

Originally posted by : sudarsan
	They have to think beyond campus interviews and realise that there are far more external opportunities than campus interviews.

Totally agree with your views sudarsan ji….it is a very good advice for fresh chartered Accountants….as there are very few who are following this path. I think the main reason of frustration is the old high image of chartered Accountants profession. But the things have changed due to the high supply of CAs. Gonna are those days when Parents says….”mera ladka to CA ban gaya….ab to badiya naukri, salary or badiya rishta aayaga…..”

Originally posted by : CA Ghanshyam Joshi
	Now a days the employeer (large organisations) needs something more than the qualification, like software knowledge like ERP, SAP, MS Office (at least expertise knowledge in Excel, Word & Powerpoint presentation). Many a times it has been observed that hiring a non-qualified person with knowledge of the basic things with experience of 2-3 years is beneficial to the organisations as compared to employing a fresh qualified CA who does not posses profeciency in softwares. No doubt that the qualification is an added advantage but only qualification is not enough now a days.

You are right Ghanshyam Ji…. expert knowledge in Excel, Word & Powerpoint presentation is really must.

Corporate with medium business and medium turnover are doing the same thing….as they are preferring non-qualified person with knowledge of the basic things with experience of 2-3 years is beneficial to the organizations as compared to employing a fresh qualified CA who does not posses proficiency in software.

Thanks for your views Sir…

Originally posted by : achyuthanand
	you are absolutely right sir. what we had is sudden increase in supply of CA's at ressesion time. i belive this slow down is just temporary. and ofcourse the days are gone that just the word CA is enogh for your life. A doctor with just MBBS is not enogh for us now we need doctors with more degrees to cure our viral fever. like that CA's also need to specialise in areas, especially for those who are going for employment. there areareas like valuation, forensic accounting, taxation etc. even the institute itself is providing some of that courses.  CA's should do more carrear planning. we should select a specialisation area which is apt for us, then develop and make ourselves demanded in the industry. the employers are not sympethetic towards us because we have worked day and night to clear CA. we should prove them that we are worth of hiring. the demand for CA's will increase only under whatever circumstances.  ICAI should also change a lot according to the changing scenario. I think ICAI should restructure the 'articleship'. In the present way articleship is acting like a mechanism for ICAI to provide its members some cheap labour. its a fact that many articles are not getting proper training, many of them are used by the principals for there profit. there should be some mechanism to avoid at make sure that there is some value addition in the candidate by the articleship. like say, 3 year article ship period is to be divided into three parts.  part 1 - Industrial training for 1 year (compulsory)[before Qualifying] part 2 - Working in a CA firm for 1 year (compulsory)[before qualifying] part 3 - Working at the same firm or different firm for 6 months (compulsory) [after qualifying] institute should also mandate a feed back from students asking there experince from articleship so that they can make timely improvements.

Very wise analysis and opinion dear Sir....

I think ICAI should take some steps for the career counseling of new CAs……update them with the new trends in the industry as far as getting good job is concerned.

I would also like to thank you for sharing your views about re-structuring of Articleship system….

Thanks Ankur sir....... These are very important tips....... In the articleshp period, we should learn and have knowledge of different accounting softwares i.e. Tally, SAP or ERP......

Now-a-days, these are very important in organisations............

I also agree with Achyuthanand sir, as ICAI has to amend the procedure of Articleships...... For CA's, articles are labour only............