Go Ad-Free on CAclubindia with Daily Mobile Updates. Subscribe Now!

I'm a CA Final student! What should I do???

Go green (ICAI) (666 Points)

06 December 2012

Dear CCImates,

It's really irratating and hurting to read the posts being thrown here, saying that the newly qualified CAs are struggling to get fair jobs! It really makes me feel vexatious and unsettling.

I'm a CA Final student and my attempt is in May, 2013 and so I request you to please list out the areas on which I should concentrate in order to elevate my chances of getting a good job after qualifying.

Reply
Follow
Share

4 Replies

Ankur Garg (Company Secretary and Compliance Officer) (114773 Points)
Replied 06 December 2012

If you feel opportunties not knocking your door, try some alternatives like applying for practise and taking coaching classes ; joining with a local audit firm ; doing any other value added courses etc. Yes...Openings are always there, they just need to be properly regulated and organised. ICAI must do something constructive regarding this. In today’s time ICAI membership only is not enough. For getting quick job after receiving ICAI membership following practical things are necessary: More than basic understanding of accounting Good knowledge of Tally, SAP, ERP, IFRS, MIS working environment. Understanding of working of a finance deptt Good and practical knowledge of Taxation andother allied forms of taxation Positive attitude and patience. Kindly appreciate if you are a new CA and have no knowledge of Tally or SAP or Taxation, then tell me why should I recruit you? You are good for nothing for me. This is the thinking of most of the employer these days. Recently we had recruited 2 people (non CA but with good knowledge of SAP and ERP) in our finance deptt. at a package of 3.6 and 4.8 lacs P.A. and both were chosen over Chartered Accountants in an interview, having no knowledge of SAP and ERP. It is high time for us to understand the fact that membership of ICAI and ICSI is no guarantee of good paying job. So for a better career it is must to focus on good articleship. Also take note of demand and supply factor. New CAs are keep coming so it is imp to present something extra for recruitment. This all fuss is created because of a bit less compensation offered to professionals. As per my experience still membership of ICAI and ICSI is a guarantee of good quality job. This job may be a less financially sound job but will surely pave way for long term financial and personal success. So my suggestion would be along with doing CA keep learning other practical courses like tally, SAP, ERP etc and be an expert of all this for better career. All the best

Read more at: /forum/piece-of-advice-for-new-chartered-accountants--196692.asp

If you feel opportunities not knocking your door, try some alternatives like applying for practice and taking coaching classes; joining with a local audit firm ; doing any other value added courses etc.

Yes...Openings are always there, they just need to be properly regulated and organized. ICAI must do something constructive regarding this.

In today’s time ICAI membership only is not enough. For getting quick job after receiving ICAI membership following practical things is necessary:

More than basic understanding of accounting
Good knowledge of Tally, SAP, ERP, IFRS, MIS working environment.
Understanding of working of a finance department.
Good and practical knowledge of Taxation and other allied forms of taxation
Positive attitude and patience.

Kindly appreciate if you are a new CA and have no knowledge of Tally or SAP or Taxation, than it would be a bit difficult for you to get an early job. Good knowledge of SAP and ERP is a kind of must. It is high time for us to understand the fact that membership of ICAI and ICSI is no guarantee of good paying job. So for a better career it is must to focus on good article ship along with developing yourself into a useful asset for the organisation.

Also take note of demand and supply factor. New CAs are keep coming so it is imp to present something extra for recruitment. As per my experience still membership of ICAI and ICSI is a guarantee of good quality job. This job may be a less financially sound job but will surely pave way for long term financial and personal success. So my suggestion would be along with doing CA keep learning other practical courses like tally, SAP, ERP etc and be an expert of all this for better career.

All the best

Yes...Openings are always there, they just need to be properly regulated and organized. ICAI must do something constructive regarding this.

In today’s time ICAI membership only is not enough. For getting quick job after receiving ICAI membership following practical things is necessary:

More than basic understanding of accounting
Good knowledge of Tally, SAP, ERP, IFRS, MIS working environment.
Understanding of working of a finance department.
Good and practical knowledge of Taxation and other allied forms of taxation
Positive attitude and patience.

All the best

1 Like

Upgrade to CAclubindia Pro. Subscribe Now!

Go green (ICAI) (666 Points)
Replied 06 December 2012

@ Ankur sir:

Dear sir,

Thanx a lot for your reply. but one question for you. is it possible to get a fair job without any reference whatsoever?

Ankur Garg (Company Secretary and Compliance Officer) (114773 Points)
Replied 07 December 2012

According to me reference may be of 2 types:

Reference to verify the particulars and credibility of candidate. This kind of reference is fine in order to ensure the interests of employer.

Reference in the nature of ‘favour’ or ‘Sifarish’. This kind of reference is not a new thing in job field irrespective of the category and line of job. This kind of reference hampers the career of genuine and knowledgeable candidate by promoting non-deserving candidates.

To conclude I would say job in CA or CS field is very much possible without second kind of reference cum ‘Sifarish’ subject to your knowledge, patience, luck and effort. If you come across some non-deserving candidates enjoying job, that does not mean that without ‘Sifarish’ nothing is possible.

CA Srikanth Yadav (Chartered Accountant) (3162 Points)
Replied 07 December 2012

Dear Ankur Sir,

What are prospects in UK, for an Indian CA, who becomes a member of ICAEW through MOU between ICAI and ICAEW (which is depicted below)?

Joining the ICAEW (as an ICAI member)

Existing members of the ICAI with a minimum of two years post qualification experience will be eligible for ICAEW membership subject to:

passing the ICAEW’s Case Study examination
completing the ICAEW’s Structured Training in Ethics programme applicable to ICAEW provisional members

Members of the ICAI who have less than two years post qualification experience will also be eligible for ICAEW membership subject to also passing ICAEW's Technical Integration Business Reporting and Technical Integration Business Change papers of the Advanced Stage examination.

Credits for prior learning

Members of the ICAI will receive credits for all papers of ICAEW's Professional Stage examination. ICAI members with a minimum of two years' post qualification experience will also receive credits for the Technical Integration Business Change and Technical Integration Business Reporting papers of the Advanced Stage examination.

For more information please visit our dedicated web pages.