Please help me !

This query is : Resolved

Puneet Garg (Querist)
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26 September 2014 Dear sir,
My name is Puneet Garg. I am 26 years old and still in IPCC. I lost my parents when i was 22 years old. I have been living alone since then. I haven't been able to clear any group.

My problem is that i dread studying ACCOUNTS as i was really weak accounts back in school and in B.Com. That problem got carried forward.
I AM SO BAD AT ACCOUNTS THAT I CAN'T EVEN MAKE P&L A/C.
Don't even talk about Cost & FM. I never even bothered to study those subjects. Coaching classes hardly helped me. I cleared CPT in 1st attempt just by luck.

I have been in IPCC since 2010. I never gave any exam because everytime i start studying my weak academic background comes into play and i end up tossing my CA books aside vowing that i will study and clear group 1 in next attempt. But next attempt same thing happens again. It's a vicious cycle that i am unable to break.

I started CA course because my cousin brother who is Tax advisor adviced me to do it.

My questions are-
1. Is there any chance for someone like me of ever becoming CA? I don't want to leave CA as i have invested lot of years in it.

2. Considering my age and taking into account that an average student takes 6-7 years to clear CA, is it advisable for me to continue CA?
As i will be 33 years old by that time and i don't think that any company will hire a 33 year old fresher.

3. Should i take transfer from IPCC to Direct entry if i want to continue CA?

Please reply. I am really depressed.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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26 September 2014 Dear Puneet,

While your position is well appreciated, I believe you need to really assess your position objectively. The simple question is why you are not even able to make a Profit & Loss A/c? That reflects absolute lack in fundamentals of concepts of commerce.

The level of concepts are going to become more and more difficult as you move from IPCC to CA finals.

While others may suggest that you stick your neck in and don't give up, I would suggest that you look for alternatives such as MBA. No point in torturing yourself with something your evidently not good at.

best of luck

Ankur Garg

Ankur Garg (Expert)
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27 September 2014 I would second the wise and correct advise of fellow expert. It is time for you to workout ur vision for future. Personally I feel that you need motivation andnothing else. Accounting is not a rocket science and yes there is no restriction for an average student to become CA. But no one can excel without hard work, vision, dedication, commitment and motivation. I do not understand what is stopping or bothering u. You have everything to go ahead.

Do not follow CA just because you have invested many years as this is not the right way to clear. You can always go for other courses. I would suggest u to go for MBA finance.

All the best

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