Why don't ICAI minimise rtclesip erez it lik foreign counter

Articleship 1895 views 21 replies

It is a well known fact that ICAI's system of training is greatly flawed and too long. And now transfer ban has made it worst. We have seen in foreign CA institutes where there is no articlehip and even if there is it is max 1 year and it is after completion of theoritical part.  ICAI boasts about mous signed with foreign counterparts but have they learnt anything constructive from them?

Even CS has less articleship than this. It would have been a lot better if the BOS had been directly answerable to CG and HRD ministry and they would not have been able to do dadagiri like they are doing now. Instead of changing syllabus and names of course; ICAI has to be revamped.

I am sure some "senior" broad minded CAs(not Vidyashankar sir; i really respect him) would start harping here "ICAI chalisa"; "Uttam agarwal ki jai" and "without articleship; students would be zero",Who says so?

Make articleship of 1 year after clearing final under any CA-practise or at industry. Managing students enrolment in industry would be possible as the passing ration would be smaller. This should be made compulsory.

But "sheths" of ICAI wont let this happen as that would stop supply of  bhedh-bakri-mules  in form of articles to them. Students passing final would be less and would rather take articleship under industry as that would pay more and would be more useful- 1000000 times better than licking feets of human traffickers.

 

Replies (21)

And all the smart alecs; how would such countries who don't have mandatory articleship (bonded labours) like us; have a flourishing economy. ICAI should change their way of thinking. If articleship is there after final and that too in practising CA yaa service/industry; then students will have many options under whom to have practical training.

But ICAI will try to cover their eyes and will try to avoid this.

But one day; revolution will come and students' aspiration will prevail. We have to stay united.

What happened to the leagal suit................

Dear,

 

Good ! just answer few questions

 

1. Why CAs are highly paid ? ( leave IIM- it  is regular and toooo costly for any avg student).

2. When you go for job as a CA why only you are  preffered then others- MBAs. CS, CWA, CFA etc. ?

3. Why around the world the other ICAI like institutes signing MOU ?

4. Why members of such others Institutes are required to pass more exams than CAs to be qualified as our ICAI's Member ? whereas CAs are required to pass only one or two .

5. How much experience you have gained till now as an artilce ? and think to what % you have learnt out of Wide cpabilties of CAs.

6. Why people with Positive thinking leads ( not only relate with CA). But the artcile ship leads to you to be such a challaging one.

I know you will get answer when you will become CA and will get great recognisation around the society.

Dear change your thinking.

 

I am sure you will be a great CA.

 

Your Frnd.

CA. Rajesh Verma

S/o Sh. Bakshi Ram Verma

3.

your views are correct.ICSI will also insist on rigirous articleship if they were also given equal powers as that of ICAI.they are in need of cheap labour covered with the fur of articleship.they are not seeing back that once they were also students but at that time this profession has not gained much recognition among the public.now they are afraid of competition from the new comers.thats the cause of all these rubbish

Yes I agree with Mr. Rajesh Verma that a CA has recognised well in the society and public. The only one qualification i.e CA which gives you an attestation function in the whole era of education stream. To be an efficient and eminent with the subject knowlege and instill the expert knowledge on has to go practical training which can not be compared to other courses like CS, and any other courses .... If at all if there is something change in coming days, They should freez about transfers.

if it had being the way as said by JOSE than a CA & BUMS degree would be same as we see in every street there is a BUMS..(SORRY TO SAY THAT BUT TRUTH... DONT SAY THAT THERE PROFESSION DEAL SAVING LIFE... THEY THNK  TO MAKE MONEY FROM POOR PEOPLE)

n ABOUT high paid salary than just forget it..

d feeling of jose is justified as it take courage to bear the articleship period... as me too had the same feeling in initial article'pd

but as of now it feels gr88 that we r the people who takes a part in financial system of the economy

I will advice to read the following article in this regard:

Articleship – Mother-wit behind it !!!

A MIND-BOGGLING ARTICLE...VOW..

Mr. Dashrath, the link given showing error!

I agree to Rajesh Sir's view. In 3.5 years of articleship, I dont think we even learn 20%. Earlier I used to feel 3.5 years is too much, but as I am getting new audits and new areas, new challenges are coming up and my view has changed.

 

It is too immature for students to claim that 3.5 years is too long because they learn everything in a year or two. Thats not possible for sure.

 

Articleship surely makes you come out of the comfort zone. The ability to come out of the comfort zone and stay there consistently is very important. Infact, thats the deciding factor. It is not the degrees, nor contacts, but your ability to come out of comfort zone that beecomes the deciding factor. I am saying this because we have people with many qualifications who have extra ordinary achievements. However, at the same time we also have people who are dropouts, have no degrees, had no contacts, had no resources for education earlier and lived a miserable life, but eventually they have managed to have even bigger achievements than the most qualified people have. Therefore we can conclude that among all people who have had extraordinary achievements, degrees was not the common factor. Even if you consider knowledge, cosider the people who have extra ordinary achievements, and I am sure you will find far more intelligent people than them. Therefore, even knowledge was not the deciding factor. But if you find out the common factor behind all achievements, you will realise that all these people had to come out of their comfort zones and stay there consistently. All of them have failed more often than we do.

 

I am in favor of articleship because, if done at the right place, it can give you knowledge as well as the ability to come out of your comfort zone. And I am aware of many people, who didn't get the degree later on but are doing very well in their life today. Some of those people are at a very high position in the top cos of our country.

 

I  do not think that preference is given to CAs. But my experience is that CAs are given preference only in Accounting, Auditing, Taxation areas. There are many other jobs which pay far more than what jobs in these three areas where CAs are preferred, remunerate. To get those jobs, some other knowledge and skillsets are required, some of which are not covered in any course (for example the ability to come out of comfort zone is not taught in any course, but in CA articleship you get an opportunity to learn it), and some are taught in the other courses like MBA, CFA etc. Off course a CA can do these courses and get those jobs. However, then saying that a person got some high paying  job (not in accounting, auditing and taxation) is because he was a  CA does not make any sense. Take for example, these IIT people. Quite a lot of them, register mindlessly for MBA courses and opt for investment banking and strategy consulting jobs which have nothing to do with what they learnt in enginnering. Those 4 years of enginnering are a waste after they do MBA in finance or other area and opt for such jobs. It is the MBA degree which takes them to an Investment Bank or Strategy Consulting firm and not engineering degree. Thats exactly what I have to say for CAs working in other areas. I have also heard that some CAs are in bollywood industry. But we cant say that CAs have scope in bollywood industry for acting/direction/production etc.

I had also said that articleship should be after clearing final for a year and half and that too in service sector also; so that students can have options. In present system; there is industrial training but how many students get chance to get into that. If you say; a whole life is not enough to learn anything. Let alone CA.But that doesn't mean that  showing students(me) a carrot at the end of a long stick(articleship period) shown by the ICAI-who is the cart which is being pulled by a mule(articles).

Somebody mentioned high salary; are those accounting professional in those western countries under poverty line(they have not under gone THREE AND HALF YEAR OF ARTICLESHIP) while Indian CAs are having beds of Gold. Smell coffee dude; one of my seniors in my firm spent ore than 3 years in articleship ; passed CA and is now jobless for 6 months.(what does that have effect in my psychology; just started CA and i am seeing realityy from so close) He is doing odd ends meet by doing a part time job which is neither related to taxation nor audit. Mind you; my firm is not any chuimui firm and a really big firm in my city(name withheld coz that would disclose my identity). Just by making big big speeches in glossy hotel rooms and dining with MCA mantri doesn't provide fresh CAs with proper jobs. Ved jain when he was president had said," No CA is unemployed nor uNDEREMPLOYED in India", Take that. At least, Ved Jain ; i don't despise you as i loathe Uttam Agrawal. I feel that i should be the one to throw a shoe at him at a function with MCA or HRD minister. 

Articleship is not problem for me. I enjoy it till

a)the work becomes monotonous

b)that comes in way of my studies. ( i don't wanna end up being an paid accountant in a CA firm)

c) i know i can't take transfer from this one office; and even if i face hostility from CA or his crony; abuses; i will have to bear it silently.

ICAI's helpline for reporting abuses is just a hogwash. They don't care a damn about us.

articleship should be withdrawn it isnuisanceto students what rajeshvarma says is ok but if he faced problems then he will come to know else he can talk anthing only studnts like us know what it is to face the situaion.wedont wnat articleship thats it...we will go on protest and break every1s head...

i want tokill this uttamagarwal when i went with complint he said u have tobear insults and comeup...comeon i dont neednto for nothing i have done wrng.

i'm also of the same view of yours.these guys are really self-centered.i think 1 year is more than enough for articleship.but the members are in need of cheap labour.they always make rules from the members side.i think in their eyes we students are not human beings

TO Priya

"......................... what rajeshvarma says is ok but if he faced problems then he will come to know else he can talk anthing only studnts like us know what it is to face the situaion.wedont wnat articleship thats it...we will go on protest and break every1s head..."

Dear Sis,

Be cool. How can you say about anyone without knowing his ..... For your kind information I was also an article and have faced perhaps more problem then others.

I was from a poor family. I ddin't get any coaching. I did,t have money to pay even my CA final exams. I bought books by doing labour work in the market. I also got just 3 moths leave for exams.  I passed ,by GOD wish , with 58%. Just prior to and during my exams my very close relative were pooling me back.  Even in exams days  i had taken stale chappaties to eat. No chance to drink milk.

 I think you can imagine that it is difficult for a student who have very less support ( financiallu or mentaly) to wait for 5 yrs after B.COM  to be a Chartered. Every single day was a challage for me.   But what i learnt during my artcleship ,( my CA was also a great Kamina- My firm is great Indian CA Firm), is really helping me right now.   My CA has forfitted my 30,000/- stipend to pay me after completion of artilceship which he retained in name of Royality  for 3 yrs articleship.  You can think  what was the worth of that amount for me.  I am not interested to attach the file but I am attaching it to just guide you and all my frnds  that articleship is not worthless. Problesm occurs in life which become opportunities for you to get success.

After becoming CA, every person - your senior , junior , peer, directore expact from you a quick and accurate working  performance. How you can think that witout any articleship- you can satisfy all these persons expectations. just think- how you can pass exams ( Practicle CA life) without styding ( Articleship) for alteast 6 monyh. ( devoted articleship period).

Dear it is CA and not any other course.  Answer me what had attracted you while deciding to purse CA. Why you have not gone for other course. What dreamed you about this course. 

Have patiences .  I know that you will be a great CA.

I know that there are some loops in our articleship system but overall result is great.

Your Brother,

CA. Rajesh Verma

S/o Sh. Bakshi Ram Verma

 

 


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