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Useful Debate - New CA - Practice or Service??????????

CA SUDHIR HALAKHANDI (PRACTICING CHARTERED ACCOUNTANT) (13196 Points)

10 January 2009

THE CA FINAL RESULTS WILL BE DECLARED ON 16-01-2009

WE SHOULD BE READY TO WELCOME OUR NEW FRIENDS IN THE PROFESSION

LET US HAVE A USEFUL DEBATE TO GUIDE THEM

WHAT IS MORE BENIFICIAL TO THEM

PRACTICE!!!!!!!!!!!!!!!!!!

SERVICE!!!!!!!!!!!!!!!!!!!!

I REQUEST ALL THE CAs ON THE BOARD TO PARTICIPATE IN THE DEBATE FOR THE BENIFIT OF NEW ENTRATS TO THE PROFESSION

SEE HERE THE SATYAM FIASO HAS SHOWN THAT IT IS NOT ALWAYS SAFE TO INDUSTRY EVEN TODAY.

LET US GUIDE THE PROFESSION

I REQUEST THE ADMIN TO KEEP THIS DEBATE ALIVE FOR SOME DAYS

LET US START !!!!!!!!!!!!!!

REQUEST TO CAs :- PLEASE ENCOURAGE YOU NON MEMBER (CAs BUT NON TO CA CLUB INDIA) FOR PARTICIATING IN THE DEBATE)

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15 Replies

CA Ram (student) (369 Points)
Replied 10 January 2009

For 1st coule of year s i think we have to do service and then can get into practice as its really difficult to create a client base sufficient to earn enuf revenues...

Rahul (CA Practice ) (1818 Points)
Replied 10 January 2009

In my view a newly qualified CA wanting to start hi s own practice should start with a job for atleast 2 years in a small company, b'coz in such co's CA goes through each and every aspect of business. If he start practice immediately then his engagement would be limited to mere income tax return filling, small ROC matters, some certifications etc.

In my view time has come to give a management blend to the practice. we should concentrate more on propriety aspect which is only talked about in some CA firms.

We should ac t as consultants if we want to earn more and more money.

It is my view other views are appreciated.

Prakash Popat (3134 Points)
Replied 10 January 2009

SME segment with International business set-up for jobs is preffered and prefer highest positions even you have to go for smallest company.

Namita Gupta (chartered accountant) (105 Points)
Replied 10 January 2009

As I have cleared my ca final exams in July 2008, presently doing my training. I am confused abt whether to go for job or practise.

nikita SHAH (chartered accountant) (194 Points)
Replied 10 January 2009

I feel job is better than practice for fresh Chartered Accountants. Expereince of job is very much helpful.

(Guest)

CA proffession is already a highly prestigeous one. Some small scandles can not touch its heights. On its initiation it provides us two directions to explore either we opt for Job in the corporate world or we can start practice.

If one opts for practice it must be backed by intense and diversified articleship. In addition it also requires you to attach yourself with a well established Firm otherwise you need tons of patience which is rare in our new and young generation.

In case of selecting work in one corporate i.e. service, scope is not limited. They are providing attractive packages. If one gets a chance one must go for that as the only requirement is good marks, positive attitude, and enthusaism. Which our youth is full.

Hence, one should go for first service if you get a chance. Whole life is there for practice.

koolleo87 (1268 Points)
Replied 10 January 2009

If i would be a fresh CA, I would definitely be employed sumwhere till I am about 35. Then after 10 years of experience, lots of money and contacts, I would take up consulting as a full time profession....

CA SUDHIR HALAKHANDI (PRACTICING CHARTERED ACCOUNTANT) (13196 Points)
Replied 10 January 2009

IT SHOULD BE A START OF THE DEBATE , PLEASE COME FORWARD WITH MORE COMMENTS- SPECIALY FROM CAs

1 Like

shailesh agarwal (professional accountant) (7642 Points)
Replied 10 January 2009

IF YOU HAVE THE GOOD QUALITY OF PATIENCE WITH EXTRA COURAGE DO PRACTICES IF YOU ARE PERFECT IN QUALITY AND QUANTITATVE IMPRESSIVE PRESENTATION SO FAST DO JOB YOU WILL GET SUCCESS WHICH HAS NO LIMIT

Pratik K (Student) (3406 Points)
Replied 13 January 2009

Saniya Mirza ko bhi "Service" kar ne ke liye net "Practice" kar ni padati hain

what u say abt that....

shailesh agarwal (professional accountant) (7642 Points)
Replied 14 January 2009

why it is said ca is doing practice-after 1 year he is practicing--------after -20 years his still practicing----------after 50 year he is still he is practicing--------?

CA SUDHIR HALAKHANDI (PRACTICING CHARTERED ACCOUNTANT) (13196 Points)
Replied 14 January 2009

EVEN THE SAME THING IS SAID FOR DOCTORS.

AND SACHINE -SAURABH-RAHUL-LAXMAN -ANIL WHETEHR REITRED OR AT THE VERGE OF RETIREMENT HAVE TO DO PRACTICE- NET PRACTICE.

DAdenwala (CA) (53 Points)
Replied 30 July 2011

Originally posted by : Member (Account Deleted)
	CA proffession is already a highly prestigeous one. Some small scandles can not touch its heights. On its initiation it provides us two directions to explore either we opt for Job in the corporate world or we can start practice. If one opts for practice it must be backed by intense and diversified articleship. In addition it also requires you to attach yourself with a well established Firm otherwise you need tons of patience which is rare in our new and young generation. In case of selecting work in one corporate i.e. service, scope is not limited. They are providing attractive packages. If one gets a chance one must go for that as the only requirement is good marks, positive attitude, and enthusaism. Which our youth is full. Hence, one should go for first service if you get a chance. Whole life is there for practice.