First of all the arguement of CAs' being bestowed with Cost Audit is stupid and baseless as ICAI president himself says that 'Cost Audit' is not required - so, why do you want to do some thing that is not required, as per your president? If ICWAI members are enjoying fruits of 'statute' then it is 'Unnecessary' , If ICAI members get the same fruits ' then it is absolute necessity for national security' - This kind of arguement is political in nature, not professional - let those ICAI members who want 'Cost Audit' understand that. CPA ( USA) has only 4 papers - let ICAI restrict its papers to Financial Accounting, Taxation, Financial Management & Auditing. Then ICWAI will think of functioning on IMA or CIMA lines. Dont argue for your sake and your pockets' sake - argue for the good of the world. Your views will enhance your repect - argue always bearing that in mind.

Originally posted by : Raj Kumar Gupta
	Ramo Ji and Raj Kumar    Raj : As senior , i want to give due respect you , I am not against name change of ICWAI as ICMAI  That reflects signs of a receptive mind that is alive to happenings around the world.   Raj :1)ICWAI presenting case of CIMA UK for name change , but you know CIMA is not allowed to do any audit under Companies Act2006 UK>    Can ICWAI  to give cost audit to CA members, then name should be allowed.  Ramji: Name change and permitting Audit under the Co Act or otherwise are two independant unconnected issues. Name change happened decades back.    Ramo Ji:Illustration of CIMA UK is cited for two main reasons: ICWAI framework was initially based on the then UK Institute; It is cited as an illustration to show how the WORLD including UK has changed the nomenclature in tune with changes happening in the profession of Management Accountancy.    So the question of CMAs "giving up" cost audit in favour of CAs is absolutely baseless and conceived irrationally. FYI, Financial Accounting and Management Accounting are TWO BRANCHES of the Profession of Accountancy specialising in their respective areas. And obviously Audit of the specialsied functional area has to be necessarily carried out by respective professional ONLY..   Raj :Relpis is not acceptable , CA is not mere financial accounting branch, All over the world complete accounting qualification is CA CPA CGA ACCA . Any public practice even cost audit and cost complaince to those accountants which are in public practice. IFAC defines CA or CPA as public practice accounatatnts. There is no things like financial accounting qualification. Name and its nature functions should be in harmony. Otherwise , they is no need of separate body. See the Merging of accounting boides in canada. ICWAI is particulary formed for regulatinn of cost accounting , not management accounting. when the relevance of Cost Accounting is over , GOI can remove its regualtion.  You all can advocate CWA is not mere cost accountant , Cost accounting is not to be regulated. This is main concern.     Raj : CIMA UK is promoting Managmnet Accounting not as normal Accounting course nut as MBA course.    Can our Indian CWA do the same.  Ramji : How one promotes a course is the strategy of individual institution or a corporate. That will necessarily have to be different for each one, to be adopted considering factors relevant in the "market" in which the "product' is being promoted. It is surprising you are unawares of it.   Raj: Marketing of Profession is not allowed as per ethics , GOI should change its policy , enforce new competion. We never heard there should be competion, Can ICAI market its CA course. So ICAI is not  on the path of CIMA UK. It is not bussiness entity . I think so. If these professionals boides are like bussiness entites , definatly , you are right  anf i am not till date. CA UK is never found giving ad like " Developing Financillay qulaified Bussenes Leadre" like one given by CIMA.   Raj: IMA us and canada are society not  statutory bodies. Do not take examples of bangaldesh and sShri Lanka , India do not ned to lear from thses cousrties  RAmoji: Being Statutory or o'wise is one aspect and recognition gained by the respective bodies in respective countries and all over the world is guiding factor. The very attitude of treating all others as "Secondary" and "I KNOW ALL" attitude of CAs as Institute [there are large number of exceptions when you look at Individual members] is demonstrated in your statement very vividly.   Raj: You are not correct in the context of our country. Once statutory recongnition is removed , people do not have faith.   Please check out at your end, there is no single coutreis in the world , where CA or CPA is not statutory qualification . CA or CPA are statutory bodie any where. CMA is mostly private. Please updates your knowldge.  Mostly CWA are in jobs , they can be more benifted from CMA ,when  they advocates their legal stature as priavet society. then see how many of you come forwards.     Raj: Can  ask GOI to change legal set up of ICWAI as society    Ramoji: The GoI has its own thinking and based on their needs the Parliament Constituted two separate Institutes to cater to the needs of Society at large in two separate branches of Accountancy. Legal status under an Act of Parliament doesnot happen for someone's or some Institution' desire or sugestion.. however strong or mighty it be. And should GoI think it that way it could change the status for ALL or any such institution. One must remember, Govt has to run the Country by having appropriate safeguards in place that are required in larger interest of Society. the Citizens of India.   Raj: Definatly , you should trust GOI not ICAI> what ever decisions we are hearing from GOI  should be aceptable to every body. GOI is to decide where its need safgurds for more CA or CWA. any body can object , but decision rest with GOI.  how to run institutes.   Then why there is problem from CWA for gOI desicions. IF GOI thinks  CWA is needed as Cost accountants , why the problem is with ICWAI. ICAI is not objecting ancyom ICAI common.     Raj: Finally , ICWAI want beat CA by name change ?   Ramji: The very thoughts you have mentioned doesnot augur well for CA Profession at alrge, particularly on the background of statements made by Pres of ICAI on various occassions now and in the past. Your statement EXPOSES the FEAR PSYCHOSIS that the successive leaders of ICAI have been trying to hide from public view.   Raj: May be you are right, but CWA is suffering from Identity crisis not CA or CPA. Deginations of CWA were Industrial accountant , cost accountanst or works accountans now  managemnet accounatants, even latest one is Global chartred management accountants by CPA nd CIMA.   CA or CPA are most recognsed degination in the world, Please ask MR Raman Ji  < it has been accepted by IFAC aswell. CWA is suffering from identity crisis , not CA . So far as fear is concerned , it should be , because CWA is encraoching scope of not only CA but of  MBA Finace as well. IFAC advocates Bussiness acountants are no thing to do with CA or CPA or public accountants , why ICWAI is in double standards. Clearly come with objectives of Bussiness accounatants , it is GOI is to consider , whether it is required or not.   Decesion making , staretegy and value addition to prediction are not exclusive domain. MBA or CA or CWA or CS can carry on such functions. It is just value addition from accounatants  Remember overlapping of ones areas will ultimetly results in merging like one UK and Canada.   So the threats is alone to ICWA from both sides.    Raj: We have been hearing the importance of CA since childhood. are those misconception to treat CA as good profesiional cousre?   Ramoji: There should be NO DOUBT about any and every professional course being Good and that includes the profession of Financial Accountancy MISNAMED as Chartered Accountancy in India. There is NOTHING as Chartered Accountancy anywhere in the world.. not to my knowledge atleast. Raj: I am very shamed  because as senior you are involved in such discussion , do not have updated knowledge.  It is all over the world CA or CPA are exclusive public accounting domain. In common wealth countries CA is prevailing ,  and in other parts CPA is rocking . Please check and update me if i am not correct.   No body has heard except you about Financial Accoutnats. Then sir < if we go subjects wise There will be one separte body for electrity companies ie Electrity Acountant and so many.   Be very clear Chartred Accounatncy or CPA is not  a sinlge branch of accountinmg like CWA or CMA. It is complete accounting qualification  in the world. may be CA or CPA is focussing on Financial accounting much more.  Managemnet accounting is no things but value addion on accounting qualifcation. It  dose not need four years duration to be just a managemnet accountants. CMA US is promoting CPA or CA or ACCA to persuse 12 months cousre to be CMA. And IF CWA is consolodating CA and CMA course. then who is fool, you , me , public or GOI.     Suppose this may happen , but it will  result of mersger ICWAI and ICAI> But i tthink this will take long time.       Raj: what will be fate of 10.75 Lacs CA students and CA  WE respect CWA to be promoted at global front , but it should not be at cost of ICAI.  Ramoji:   replies as per four .   Raj: In case , cost acounatants are not having careers option , they are not able to earn , Simply they approach  GOI to merge into ICAI. GOI  is supreme not ICAI. Once it is merged. We all are one.  In the UK and canada , complexities due to multi layer accounting vodies have arisen. They are forcing bodies to be merged. ramji:   If you consider it to be in the interest of profession of Accountancy in India pls DO SHARE this mail WITH all in ICAI ...... including particularly the "Top Bosses" of the day and yester years.    Regards   Ramji and Raj kumar

Who fear, CWA! Not at all dear. CA resists CFA dont forget that ."Fear" "identity crycis" not for CWA. Pl. introspect . You view is self contradictory. If you are best stick on it . Pl. analysis year wise increase of CA. You are increasing in quantity not quality. I admit some CA pass out got excellent merit and able to secure jobs with high salary at the campus. But on an avarage CWA also hold a great position in the market. Pl. open your mind and see the market. Pl. do not involve in book keeping, tax become simple so you one avenue become narrow. You entered in indirect tax but huge compitiion with Lawyar.

Say one thing, I want a candid confession from you. After Statutory Audit why require Tax Audit. & after all of that Income Tax officer who may be a B.Com pass qualify the report of a CA.

No you are well aware that all your avenue

Accounts/Book Keeping - Compition with undergraduate/graduate

Direct Tax- Non qualified , sami qualified person, (High court /Supreme Count no access)

Indirect Tax- Lawyar, Cost Accountant

Service Tax- CS, Lawyar

What left for you Management Consultancy -Dear MBA is there. Industry also thinking about Cost Accountant (Management you deleted). NO MBA PROTEST ANY THING AGAINST COST ACCOUNTANT why they are intelligent people , thay know the meaning of win win theory.

So if you are not competent to do MBA from IIM or big institute do CWA one day it will help you for earn your bed & butter.

Sorry any thing hurts but it is deem reality

regards

Originally posted by : Raj Kumar Gupta
	Ramo Ji and Raj Kumar    Raj : As senior , i want to give due respect you , I am not against name change of ICWAI as ICMAI  That reflects signs of a receptive mind that is alive to happenings around the world.   Raj :1)ICWAI presenting case of CIMA UK for name change , but you know CIMA is not allowed to do any audit under Companies Act2006 UK>    Can ICWAI  to give cost audit to CA members, then name should be allowed.  Ramji: Name change and permitting Audit under the Co Act or otherwise are two independant unconnected issues. Name change happened decades back.    Ramo Ji:Illustration of CIMA UK is cited for two main reasons: ICWAI framework was initially based on the then UK Institute; It is cited as an illustration to show how the WORLD including UK has changed the nomenclature in tune with changes happening in the profession of Management Accountancy.    So the question of CMAs "giving up" cost audit in favour of CAs is absolutely baseless and conceived irrationally. FYI, Financial Accounting and Management Accounting are TWO BRANCHES of the Profession of Accountancy specialising in their respective areas. And obviously Audit of the specialsied functional area has to be necessarily carried out by respective professional ONLY..   Raj :Relpis is not acceptable , CA is not mere financial accounting branch, All over the world complete accounting qualification is CA CPA CGA ACCA . Any public practice even cost audit and cost complaince to those accountants which are in public practice. IFAC defines CA or CPA as public practice accounatatnts. There is no things like financial accounting qualification. Name and its nature functions should be in harmony. Otherwise , they is no need of separate body. See the Merging of accounting boides in canada. ICWAI is particulary formed for regulatinn of cost accounting , not management accounting. when the relevance of Cost Accounting is over , GOI can remove its regualtion.  You all can advocate CWA is not mere cost accountant , Cost accounting is not to be regulated. This is main concern.     Raj : CIMA UK is promoting Managmnet Accounting not as normal Accounting course nut as MBA course.    Can our Indian CWA do the same.  Ramji : How one promotes a course is the strategy of individual institution or a corporate. That will necessarily have to be different for each one, to be adopted considering factors relevant in the "market" in which the "product' is being promoted. It is surprising you are unawares of it.   Raj: Marketing of Profession is not allowed as per ethics , GOI should change its policy , enforce new competion. We never heard there should be competion, Can ICAI market its CA course. So ICAI is not  on the path of CIMA UK. It is not bussiness entity . I think so. If these professionals boides are like bussiness entites , definatly , you are right  anf i am not till date. CA UK is never found giving ad like " Developing Financillay qulaified Bussenes Leadre" like one given by CIMA.   Raj: IMA us and canada are society not  statutory bodies. Do not take examples of bangaldesh and sShri Lanka , India do not ned to lear from thses cousrties  RAmoji: Being Statutory or o'wise is one aspect and recognition gained by the respective bodies in respective countries and all over the world is guiding factor. The very attitude of treating all others as "Secondary" and "I KNOW ALL" attitude of CAs as Institute [there are large number of exceptions when you look at Individual members] is demonstrated in your statement very vividly.   Raj: You are not correct in the context of our country. Once statutory recongnition is removed , people do not have faith.   Please check out at your end, there is no single coutreis in the world , where CA or CPA is not statutory qualification . CA or CPA are statutory bodie any where. CMA is mostly private. Please updates your knowldge.  Mostly CWA are in jobs , they can be more benifted from CMA ,when  they advocates their legal stature as priavet society. then see how many of you come forwards.     Raj: Can  ask GOI to change legal set up of ICWAI as society    Ramoji: The GoI has its own thinking and based on their needs the Parliament Constituted two separate Institutes to cater to the needs of Society at large in two separate branches of Accountancy. Legal status under an Act of Parliament doesnot happen for someone's or some Institution' desire or sugestion.. however strong or mighty it be. And should GoI think it that way it could change the status for ALL or any such institution. One must remember, Govt has to run the Country by having appropriate safeguards in place that are required in larger interest of Society. the Citizens of India.   Raj: Definatly , you should trust GOI not ICAI> what ever decisions we are hearing from GOI  should be aceptable to every body. GOI is to decide where its need safgurds for more CA or CWA. any body can object , but decision rest with GOI.  how to run institutes.   Then why there is problem from CWA for gOI desicions. IF GOI thinks  CWA is needed as Cost accountants , why the problem is with ICWAI. ICAI is not objecting ancyom ICAI common.     Raj: Finally , ICWAI want beat CA by name change ?   Ramji: The very thoughts you have mentioned doesnot augur well for CA Profession at alrge, particularly on the background of statements made by Pres of ICAI on various occassions now and in the past. Your statement EXPOSES the FEAR PSYCHOSIS that the successive leaders of ICAI have been trying to hide from public view.   Raj: May be you are right, but CWA is suffering from Identity crisis not CA or CPA. Deginations of CWA were Industrial accountant , cost accountanst or works accountans now  managemnet accounatants, even latest one is Global chartred management accountants by CPA nd CIMA.   CA or CPA are most recognsed degination in the world, Please ask MR Raman Ji  < it has been accepted by IFAC aswell. CWA is suffering from identity crisis , not CA . So far as fear is concerned , it should be , because CWA is encraoching scope of not only CA but of  MBA Finace as well. IFAC advocates Bussiness acountants are no thing to do with CA or CPA or public accountants , why ICWAI is in double standards. Clearly come with objectives of Bussiness accounatants , it is GOI is to consider , whether it is required or not.   Decesion making , staretegy and value addition to prediction are not exclusive domain. MBA or CA or CWA or CS can carry on such functions. It is just value addition from accounatants  Remember overlapping of ones areas will ultimetly results in merging like one UK and Canada.   So the threats is alone to ICWA from both sides.    Raj: We have been hearing the importance of CA since childhood. are those misconception to treat CA as good profesiional cousre?   Ramoji: There should be NO DOUBT about any and every professional course being Good and that includes the profession of Financial Accountancy MISNAMED as Chartered Accountancy in India. There is NOTHING as Chartered Accountancy anywhere in the world.. not to my knowledge atleast. Raj: I am very shamed  because as senior you are involved in such discussion , do not have updated knowledge.  It is all over the world CA or CPA are exclusive public accounting domain. In common wealth countries CA is prevailing ,  and in other parts CPA is rocking . Please check and update me if i am not correct.   No body has heard except you about Financial Accoutnats. Then sir < if we go subjects wise There will be one separte body for electrity companies ie Electrity Acountant and so many.   Be very clear Chartred Accounatncy or CPA is not  a sinlge branch of accountinmg like CWA or CMA. It is complete accounting qualification  in the world. may be CA or CPA is focussing on Financial accounting much more.  Managemnet accounting is no things but value addion on accounting qualifcation. It  dose not need four years duration to be just a managemnet accountants. CMA US is promoting CPA or CA or ACCA to persuse 12 months cousre to be CMA. And IF CWA is consolodating CA and CMA course. then who is fool, you , me , public or GOI.     Suppose this may happen , but it will  result of mersger ICWAI and ICAI> But i tthink this will take long time.       Raj: what will be fate of 10.75 Lacs CA students and CA  WE respect CWA to be promoted at global front , but it should not be at cost of ICAI.  Ramoji:   replies as per four .   Raj: In case , cost acounatants are not having careers option , they are not able to earn , Simply they approach  GOI to merge into ICAI. GOI  is supreme not ICAI. Once it is merged. We all are one.  In the UK and canada , complexities due to multi layer accounting vodies have arisen. They are forcing bodies to be merged. ramji:   If you consider it to be in the interest of profession of Accountancy in India pls DO SHARE this mail WITH all in ICAI ...... including particularly the "Top Bosses" of the day and yester years.    Regards   Ramji and Raj kumar

Who fear, CWA! Not at all dear. CA resists CFA dont forget that ."Fear" "identity crycis" not for CWA. Pl. introspect . You view is self contradictory. If you are best stick on it . Pl. analysis year wise increase of CA. You are increasing in quantity not quality. I admit some CA pass out got excellent merit and able to secure jobs with high salary at the campus. But on an avarage CWA also hold a great position in the market. Pl. open your mind and see the market. Pl. do not involve in book keeping, tax become simple so you one avenue become narrow. You entered in indirect tax but huge compitiion with Lawyar.

Say one thing, I want a candid confession from you. After Statutory Audit why require Tax Audit. & after all of that Income Tax officer who may be a B.Com pass qualify the report of a CA.

No you are well aware that all your avenue

Accounts/Book Keeping - Compition with undergraduate/graduate

Direct Tax- Non qualified , sami qualified person, (High court /Supreme Count no access)

Indirect Tax- Lawyar, Cost Accountant

Service Tax- CS, Lawyar

What left for you Management Consultancy -Dear MBA is there. Industry also thinking about Cost Accountant (Management you deleted). NO MBA PROTEST ANY THING AGAINST COST ACCOUNTANT why they are intelligent people , thay know the meaning of win win theory.

So if you are not competent to do MBA from IIM or big institute do CWA one day it will help you for earn your bed & butter.

Sorry any thing hurts but it is deem reality

regards

Originally posted by : Raj Kumar Gupta
	Ramo Ji and Raj Kumar    Raj : As senior , i want to give due respect you , I am not against name change of ICWAI as ICMAI  That reflects signs of a receptive mind that is alive to happenings around the world.   Raj :1)ICWAI presenting case of CIMA UK for name change , but you know CIMA is not allowed to do any audit under Companies Act2006 UK>    Can ICWAI  to give cost audit to CA members, then name should be allowed.  Ramji: Name change and permitting Audit under the Co Act or otherwise are two independant unconnected issues. Name change happened decades back.    Ramo Ji:Illustration of CIMA UK is cited for two main reasons: ICWAI framework was initially based on the then UK Institute; It is cited as an illustration to show how the WORLD including UK has changed the nomenclature in tune with changes happening in the profession of Management Accountancy.    So the question of CMAs "giving up" cost audit in favour of CAs is absolutely baseless and conceived irrationally. FYI, Financial Accounting and Management Accounting are TWO BRANCHES of the Profession of Accountancy specialising in their respective areas. And obviously Audit of the specialsied functional area has to be necessarily carried out by respective professional ONLY..   Raj :Relpis is not acceptable , CA is not mere financial accounting branch, All over the world complete accounting qualification is CA CPA CGA ACCA . Any public practice even cost audit and cost complaince to those accountants which are in public practice. IFAC defines CA or CPA as public practice accounatatnts. There is no things like financial accounting qualification. Name and its nature functions should be in harmony. Otherwise , they is no need of separate body. See the Merging of accounting boides in canada. ICWAI is particulary formed for regulatinn of cost accounting , not management accounting. when the relevance of Cost Accounting is over , GOI can remove its regualtion.  You all can advocate CWA is not mere cost accountant , Cost accounting is not to be regulated. This is main concern.     Raj : CIMA UK is promoting Managmnet Accounting not as normal Accounting course nut as MBA course.    Can our Indian CWA do the same.  Ramji : How one promotes a course is the strategy of individual institution or a corporate. That will necessarily have to be different for each one, to be adopted considering factors relevant in the "market" in which the "product' is being promoted. It is surprising you are unawares of it.   Raj: Marketing of Profession is not allowed as per ethics , GOI should change its policy , enforce new competion. We never heard there should be competion, Can ICAI market its CA course. So ICAI is not  on the path of CIMA UK. It is not bussiness entity . I think so. If these professionals boides are like bussiness entites , definatly , you are right  anf i am not till date. CA UK is never found giving ad like " Developing Financillay qulaified Bussenes Leadre" like one given by CIMA.   Raj: IMA us and canada are society not  statutory bodies. Do not take examples of bangaldesh and sShri Lanka , India do not ned to lear from thses cousrties  RAmoji: Being Statutory or o'wise is one aspect and recognition gained by the respective bodies in respective countries and all over the world is guiding factor. The very attitude of treating all others as "Secondary" and "I KNOW ALL" attitude of CAs as Institute [there are large number of exceptions when you look at Individual members] is demonstrated in your statement very vividly.   Raj: You are not correct in the context of our country. Once statutory recongnition is removed , people do not have faith.   Please check out at your end, there is no single coutreis in the world , where CA or CPA is not statutory qualification . CA or CPA are statutory bodie any where. CMA is mostly private. Please updates your knowldge.  Mostly CWA are in jobs , they can be more benifted from CMA ,when  they advocates their legal stature as priavet society. then see how many of you come forwards.     Raj: Can  ask GOI to change legal set up of ICWAI as society    Ramoji: The GoI has its own thinking and based on their needs the Parliament Constituted two separate Institutes to cater to the needs of Society at large in two separate branches of Accountancy. Legal status under an Act of Parliament doesnot happen for someone's or some Institution' desire or sugestion.. however strong or mighty it be. And should GoI think it that way it could change the status for ALL or any such institution. One must remember, Govt has to run the Country by having appropriate safeguards in place that are required in larger interest of Society. the Citizens of India.   Raj: Definatly , you should trust GOI not ICAI> what ever decisions we are hearing from GOI  should be aceptable to every body. GOI is to decide where its need safgurds for more CA or CWA. any body can object , but decision rest with GOI.  how to run institutes.   Then why there is problem from CWA for gOI desicions. IF GOI thinks  CWA is needed as Cost accountants , why the problem is with ICWAI. ICAI is not objecting ancyom ICAI common.     Raj: Finally , ICWAI want beat CA by name change ?   Ramji: The very thoughts you have mentioned doesnot augur well for CA Profession at alrge, particularly on the background of statements made by Pres of ICAI on various occassions now and in the past. Your statement EXPOSES the FEAR PSYCHOSIS that the successive leaders of ICAI have been trying to hide from public view.   Raj: May be you are right, but CWA is suffering from Identity crisis not CA or CPA. Deginations of CWA were Industrial accountant , cost accountanst or works accountans now  managemnet accounatants, even latest one is Global chartred management accountants by CPA nd CIMA.   CA or CPA are most recognsed degination in the world, Please ask MR Raman Ji  < it has been accepted by IFAC aswell. CWA is suffering from identity crisis , not CA . So far as fear is concerned , it should be , because CWA is encraoching scope of not only CA but of  MBA Finace as well. IFAC advocates Bussiness acountants are no thing to do with CA or CPA or public accountants , why ICWAI is in double standards. Clearly come with objectives of Bussiness accounatants , it is GOI is to consider , whether it is required or not.   Decesion making , staretegy and value addition to prediction are not exclusive domain. MBA or CA or CWA or CS can carry on such functions. It is just value addition from accounatants  Remember overlapping of ones areas will ultimetly results in merging like one UK and Canada.   So the threats is alone to ICWA from both sides.    Raj: We have been hearing the importance of CA since childhood. are those misconception to treat CA as good profesiional cousre?   Ramoji: There should be NO DOUBT about any and every professional course being Good and that includes the profession of Financial Accountancy MISNAMED as Chartered Accountancy in India. There is NOTHING as Chartered Accountancy anywhere in the world.. not to my knowledge atleast. Raj: I am very shamed  because as senior you are involved in such discussion , do not have updated knowledge.  It is all over the world CA or CPA are exclusive public accounting domain. In common wealth countries CA is prevailing ,  and in other parts CPA is rocking . Please check and update me if i am not correct.   No body has heard except you about Financial Accoutnats. Then sir < if we go subjects wise There will be one separte body for electrity companies ie Electrity Acountant and so many.   Be very clear Chartred Accounatncy or CPA is not  a sinlge branch of accountinmg like CWA or CMA. It is complete accounting qualification  in the world. may be CA or CPA is focussing on Financial accounting much more.  Managemnet accounting is no things but value addion on accounting qualifcation. It  dose not need four years duration to be just a managemnet accountants. CMA US is promoting CPA or CA or ACCA to persuse 12 months cousre to be CMA. And IF CWA is consolodating CA and CMA course. then who is fool, you , me , public or GOI.     Suppose this may happen , but it will  result of mersger ICWAI and ICAI> But i tthink this will take long time.       Raj: what will be fate of 10.75 Lacs CA students and CA  WE respect CWA to be promoted at global front , but it should not be at cost of ICAI.  Ramoji:   replies as per four .   Raj: In case , cost acounatants are not having careers option , they are not able to earn , Simply they approach  GOI to merge into ICAI. GOI  is supreme not ICAI. Once it is merged. We all are one.  In the UK and canada , complexities due to multi layer accounting vodies have arisen. They are forcing bodies to be merged. ramji:   If you consider it to be in the interest of profession of Accountancy in India pls DO SHARE this mail WITH all in ICAI ...... including particularly the "Top Bosses" of the day and yester years.    Regards   Ramji and Raj kumar

Who fear, CWA! Not at all dear. CA resists CFA dont forget that ."Fear" "identity crycis" not for CWA. Pl. introspect . You view is self contradictory. If you are best stick on it . Pl. analysis year wise increase of CA. You are increasing in quantity not quality. I admit some CA pass out got excellent merit and able to secure jobs with high salary at the campus. But on an avarage CWA also hold a great position in the market. Pl. open your mind and see the market. Pl. do not involve in book keeping, tax become simple so you one avenue become narrow. You entered in indirect tax but huge compitiion with Lawyar.

Say one thing, I want a candid confession from you. After Statutory Audit why require Tax Audit. & after all of that Income Tax officer who may be a B.Com pass qualify the report of a CA.

No you are well aware that all your avenue

Accounts/Book Keeping - Compition with undergraduate/graduate

Direct Tax- Non qualified , sami qualified person, (High court /Supreme Count no access)

Indirect Tax- Lawyar, Cost Accountant

Service Tax- CS, Lawyar

What left for you Management Consultancy -Dear MBA is there. Industry also thinking about Cost Accountant (Management you deleted). NO MBA PROTEST ANY THING AGAINST COST ACCOUNTANT why they are intelligent people , thay know the meaning of win win theory.

So if you are not competent to do MBA from IIM or big institute do CWA one day it will help you for earn your bed & butter.

Sorry any thing hurts but it is deem reality

regards

ohhhh god, too long debate, please summarise.

CWA & CA & CS,    Chor chor mausere bhai......

Dear Mr. Raj Kumar Gupta,

Your arguments are intelligent but only biased in the favour of ICAI.  I am asking a question directly from you.  You have read my suggesion for MRA / MOU between three Institutes and also open all areas to all the three Institutes.  

What is your opinion.  

For Your kind Information I am connected with All The Three Institutes and ICWAI is Soul, ICAI is my mind and ICSI is my body.  So you can understand my feelings with all three institues.  Besides, I am also pursing LLB. 

Even a  Single Member has not commnent my Scheme.  All are quarelling each other to prove their superiority. But no one interested to the welfare of other professions.

If all are superior then all areas of Accounting, Auditing, Costing and Secreatarial practicing should be opened to all the three Institutes.  There should not be fear as nothing is debarred from their areas but other areas are alloted to them.

If anyone is apposing then he is vunerable and not competent to competition (It is my personal view).  It will be win-win situation to all the professionals and incease healthy competition.  In this manner India will be unique and first country which will open this areas to all professionals.

So all are requested to given their comments on the above and my Proposal for the scheme previously posted in the other thread.

Mr. Raj Kumar Gupta, you are specially requested to  give your intelligent and valuable comments and withour bias and in the interest of the nation.

Thanks.

Dear Mr. Raj Kumar Guta Ji.

Thanks for valuable reply.  

I am not biased to anyone.  I am only favouring healthy comptition.  First of all, We should consider the interest of our nation our people our society.  

There are a number of examples like, LIC, Electricity, General Insurance etc. where various companies are competing to each other before that these areas were in the control of Govt.  Merger may be a strategy but opening of areas will be more effective and efficient today.

So our fields should be opened  bewteen us to increase the healthy competition.  If we follow this practice then I believe (not sure) that all other countries and even IFAC will appreciate this and even some countries will follow us.

Competition is the demand of today and our areas are not  exception.  So it will be in the welfare of nation to open these areas to all three institues.

The course of three institues should be so designed as to cover all specialized areas of three Institutes. In case of Merger, there will be monopoly which will be dangerous to the nation.

So think first in the context of India, Indian Professionals, Indian People, Indian society.

Thanks 

Dear Mr. Raj Kumar Guta Ji.

Thanks for valuable reply.  

I am not biased to anyone.  I am only favouring healthy comptition.  First of all, We should consider the interest of our nation our people our society.  

There are a number of examples like, LIC, Electricity, General Insurance etc. where various companies are competing to each other before that these areas were in the control of Govt.  Merger may be a strategy but opening of areas will be more effective and efficient today.

So our fields should be opened  bewteen us to increase the healthy competition.  If we follow this practice then I believe (not sure) that all other countries and even IFAC will appreciate this and even some countries will follow us.

Competition is the demand of today and our areas are not  exception.  So it will be in the welfare of nation to open these areas to all three institues.

The course of three institues should be so designed as to cover all specialized areas of three Institutes. In case of Merger, there will be monopoly which will be dangerous to the nation.

So think first in the context of India, Indian Professionals, Indian People, Indian society.

Thanks 

Ha ha ha, Dear Raj Kumar Ji, If any profession is popular in the world please tell me your contribution to it. 

I am doing CA but never seen any SO CALLED SUPPORTER like you in this profession. Please dont try to attack on other profession, it is what i learnt from my seniors who are very senior CAs.

Please dont disgrace yourself by indulging in such a word-fight (if you are really a CA). PLEASEEEEEEEEEEE

Dear Mr. Raj Kumar Guta Ji.

Thanks for valuable reply.  

I am not biased to anyone.  I am only favouring healthy comptition.  First of all, We should consider the interest of our nation our people our society.  

There are a number of examples like, LIC, Electricity, General Insurance etc. where various companies are competing to each other before that these areas were in the control of Govt.  Merger may be a strategy but opening of areas will be more effective and efficient today.

So our fields should be opened  bewteen us to increase the healthy competition.  If we follow this practice then I believe (not sure) that all other countries and even IFAC will appreciate this and even some countries will follow us.

Competition is the demand of today and our areas are not  exception.  So it will be in the welfare of nation to open these areas to all three institues.

The course of three institues should be so designed as to cover all specialized areas of three Institutes. In case of Merger, there will be monopoly which will be dangerous to the nation.

So think first in the context of India, Indian Professionals, Indian People, Indian society.

Thanks 

Dear Raj Ji,

You said right.  The first step is to open the areas to Indians.  Latter, these areas may be open to other countries professionals on the condition of same provision in their countries so that we can practice in their countries.

Why are we heading towards IFRS.  Simply for Globalisation.  I think there are provision in WTO to open the service and profession areas in the member counties.  So as a first step, all the areas should be open to Indian people.  

Thanks

Zindagi mein aur bhi gham hai...CWA aur CA k alava.

 

All dears members.... Kisi bachche, kisi pagal aur Raj kumar Gupta ki baat ka itna bura nhi manna chahiye... Plz Ye Insaan noraml nhi hai.....

Get well soon....... Raj kumar Gupta..

A man is known by his way of talking. I have no words in praise of Shri shri Raj Kumar Gupta Ji. Keep it up Gupta ji, we want to know more about you and your words and way of talking will tell all about you.

By Raj Kumar Gupta - Can ICWAI  to give cost audit to CA members, then name should be allowed. 

 

 

 

Who is ICAI and you to interfere in the matters of ICWAI. 

There is no difference between your question and folllowin meening less question

"Can you diverse your wife to get Cost Audit?"