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Practice vs job

Deepa (CA and CS Final B.Com University First) (195 Points)

22 October 2015

Dear All,

I am a qualified CA and CS working for a big4 having four years of experience in taxation field in Bangalore. My passion is to practice on my own. I am worried about my stable income. Request you all to help me out by suggesting how to start and approach people for work. Also should i start part time practise by working for an industry?

Thanks in advance.

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3 Replies

vivek (na) (27 Points)
Replied 22 October 2015

Hello mam, To suggest I m a bit junior. I have just qualified a year ago and started my own practice.I think there is some risk in practice. But be patience and in a year or two you will definetly realize that practice is really better than job. If you don't have financial problem then surely go for practice. Their is a simple logic mam if someone is paying you 10lacs they will make atleast 1cr out of you. So follow ur heart.

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CA AnKiT BoHrA (AB) (Manager) (25955 Points)
Replied 23 October 2015

yes it will take time in intital stage.. But i wil suggest something which i m doing.. m doing job and just saving money and wil do that for next one to two years ... so that i can use this money to generate a stable income for me once i go in practice for intital start up time...

Stil you can start filling income tax returns of people, and start creating business and make a good collection of files then just move in practice.. Intitally its a tough job but later on its a rocking life...!!

Deepak jain (No) (40 Points)
Replied 24 October 2015

Hello i would like asking that doing ca practice is a tough task and life also would be tough and boring as continous eye on computer paper work. Can anyone suggest some other options.