Should Transfer of Articleship be Allowed Again??
Is the Ban on Transfers, which have been put, Fair?
CA CHETAN GUPTA (CA) (588 Points)
29 January 2010Should Transfer of Articleship be Allowed Again??
Is the Ban on Transfers, which have been put, Fair?
P A N K A J
(CA FINAL)
(740 Points)
Replied 29 January 2010
no i dont think its fair..atleast 1 or 2 transfer should allowed...
and surely it should be allowable......ICAI should closely look into this matter...
gaurav
(ATRICLED ASSISTANT)
(24 Points)
Replied 03 February 2010
Of course the transfer of Articleship should be allowed . All students should at least get one free transfer. The present rules are really unfair to the students
sonal
(Article Assistant)
(36 Points)
Replied 05 February 2010
heloo evry 1...hey guyz plz help me out....m like really stuck....... i want 2 tk transfr nd i really want 2 knw on want ground our repectable insitute permit tranfer.......i need 2 knw....plz hlp me out!!!!!!!!!i ll b really thankfull.....
priyanka bathwal
(student)
(160 Points)
Replied 05 February 2010
I too think so that transfer should be allowed as right now Iam unable to leave my hometown but after some mths I want to have articleship from a top C.A.
Gautam
(article)
(205 Points)
Replied 05 February 2010
Hey our new president is Mr. Chopra kindly do mail hin that atleast 3 transfer should b allowed within the same city
Debojit
(Student CA Final)
(308 Points)
Replied 17 February 2010
Debojit
(Student CA Final)
(308 Points)
Replied 17 February 2010
rajendra pandey
(FINAL STDNT)
(36 Points)
Replied 17 February 2010
Yup i too think same yar,
transfer should be there cos ds is our learning period,so workng in a single firm,its hectic n v al can learn the works in 1.5 years,so for broad exposure v need that.
but ya,there shd b restriction on numbers of transfer,n strictly not more than 2 transfer,m i right????
Poonam
(article)
(312 Points)
Replied 17 February 2010
Hey 5-6 days have been passed of appointing new president . But restiction on transfer is still there . I don.t know how much time it will take ? And also not sure whether the restiction on transfer will be withdrawn or not ?
Manjeet singh
(student)
(33 Points)
Replied 17 February 2010
YA I ALSO THINK THAT TRANSFER SHOULD BE ALLOW SOME OF CAs ARE USING THIS RULE IN BAD MANNER
GURU PRANESH
(FCA(FUTURE CA))
(459 Points)
Replied 19 February 2010
Transfer should be allowed, atleast one or two
Gautam
(article)
(205 Points)
Replied 19 February 2010
"Yes, of course transfers should be allowed. And I've heard that the New President is going to bring some relaxation in the Transfer Rule."
Hey debojit nfrom where have yiu HEARD the same . Can you provide the information .? Please
Poonam
(article)
(312 Points)
Replied 19 February 2010
Hey Debojiy please reply where u heard this .
CA SURENDRA KUMAR RAKHECHA
(Practising CA at Surat)
(26263 Points)
Replied 20 February 2010
I am also in favour of transfer of articleship specially because there are several avenues of chartered accountancy course which are not available with one principal, I am sure.
A CA Student has to read all the subjects - accountancy, auditing, cost acccounting, income-tax, excise, import-export , project finance, information system etc...and to qualify CA; expert knowledge of these subjects are required.
But unfortunately he might be caught by one principal who is doing only traditional practice of Income-Tax.
How he will gain expert knowledge of Accountancy, Auditing and Finance etc. if he remained involved only in Income-Tax Return Filing process ?
Is it not the reason that more than 85% CA final students could not score even 50 in Accountancy in the recently declared results which is their core subject. The reason might be that their principals are not having Corporate Clients hence they are unable to apply Accounting Standards practically !
Fortunately or unfortunately; CA students don't go on strike although the same is being adopted by Medical Students at the cost of patients' health and life. Still it is surprising to note that Medical Profession is known as the most noblest profession in the world !
The reason may be.........they are rude to follow the rules.
But we should not forget that the sub-prime happened in USA because they followed Rule Based Accountancy whereas India adopted Principle Based Accountancy and this is the only reason that no such irregularities happened in India to such a large scale.
If students raise their voice with the above ground which I raised in second paragraph of my views (sky colour shaded); I hope they may get positive results from the Institute.
And all this would lead to betterment of CA profession, it is my opinion.
(An auditor can give his opinion only).