Hi everyone,
what's the impact of global slow down on CA final results, as the corporates have almost stopped recuirting people?
Thanks in advance
CA. Shikha
(Chartered Accountant)
(4143 Points)
Replied 11 December 2008
This time , the passing no. of students will definitely be lower than the last attempts.
CA. Rajeev Aggarwal
(Chartered Accountant)
(3424 Points)
Replied 11 December 2008
There will be no impact on CA Results
rachanna
(CA Student)
(70 Points)
Replied 11 December 2008
Bt thy do consider job trend in the market, for the results
rachanna
(CA Student)
(70 Points)
Replied 11 December 2008
i am joining new job hoping that i will clear, i shd clear this time as i don't get leave to study.
Rajat Kedia ACA CS MCOM
(Assistant Manager)
(613 Points)
Replied 11 December 2008
i think you all have not gone through the site of ca inst.
the results are really going to be good
because ca's are in demand like never before
its going to cross the last attempt results......................
CA CHINTAN AJMERA
(Chartered Accountant)
(2987 Points)
Replied 11 December 2008
I think this time final result is above 25% , yes i agree with that there is global slow down, because of that ca salary going to be lower not demand.
Vijay Patnaik
(Management Consulting)
(287 Points)
Replied 12 December 2008
Hi All
True that there will be less recruitments. But dont forget that Corporates, those recruiting CAs, in their companies will be looking for smart and talented people.
So I would suggest all of you to buck up your skills, learnings and inferences. Also keep a tab on all corporate news and blogs, as to how they are beating recession.
Look into government proposals and initiatives, that can help corporates generate more revenue and profits. Thats what corporates choose you for!
So as a CA or a Finance professional, ultimately it will be your skills, learnings and inferences, that will put you above and ahead of others in the race.
(For others, talking about pass percentage and the number of passout is not a scale to judge the demand of CAs. Prospective CAs are choosing this career for professionalism and practice, than job demands, I guess so.)
Finally all the best to all prospective CAs.
Vijay Patnaik
vijay AT careersearch DOT org