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What to do-unemployed ca

Page no : 5

CA. MANOJKUMAR SONI (CA) (145 Points)
Replied 31 May 2012

Hi Prateek & Others, please do not loose faith in yourself and be careful of the possible action by the ICAI as you are in a way to bringing Disrepute to the Institute and the Profession. So wait for the Best also if u are not able to get a fair job u have the Option of engage yourself in Professional Practice.

BEST OF LUCK !!!!!!!

1 Like

Tony G (Vice President but looking for a different meaning to life)   (251 Points)
Replied 31 May 2012

Originally posted by : Ranii

 


"why there is no uniformity in quality of ppl passing CA? Cos of ICAI. Has it ensured any proper mechanism that persons who take CA will get Uniform amount of exposure and knowledge during articleship??? No...Secondly, persons expect reasonable salaries cos you see ppl give a lot of time, money and stress (emotionally, financially and physically) to acquire this CA degree..They cant expect to become a CEO or Vice President in the begining but for a Fresher CA, ICAI must fix a minimum threshold salary limit of Rs. 5 Lakh atleast in campus. has it done so? Even MBAs from TIER 2 colleges without adequate knowledge or core competence which an average CA has is placed well.. I cant understand what you meant by "In the present situation one has to really focus on what one wants than just passing the exam and looking for employment charity. ". What do think people do CA for?? either to do practise or to get a good job only. Some ppl do CA for the sake of their parents but i am talking abt the majority lot in first category...regarding CA fumbling in the campus, come on, just remember as a student, we study and memorise everything but once we get qualified, we refer our books not study our books. Just ask any CA in industry who is working in any non traditional area any question in DT, he will surely fumble cos he will not be in touch with the same after qualifying cos his work profile requires him to have diff set of knowledge"

 

Dear Indian Bull,

I agree with u. as a student we just study only what we need to just get through, and forget it as soon as the exam is over (mostly). That is not what employers expect from a CA. CA is considered to be big. Of course a CA working in a non traditional area might not be updated in DT, but what abt a fresher who applies for a Tax job? Tell me. This is what I said the problem is. 

&I guess ICAI had done some attempt to fix a min threshold.

 

Lots and lots of doctors, engineers, and MBAs are coming out every year. Those who are competent enough are getting jobs also, (ok, some incompetent ones too). So its not about just numbers.

And abt that quotation, if you have decided on what fields you want to work in you need to  really educate & update yourself on those areas in addition to just passing the exams. Otherwise you will be at the employer' mercy.

Someother ppl have talked abt the pass percentage and all . But remember there are lots of ppl who clear CA in the first attempt itself. Anybody thinks its just luck or coincidence? for all of them?

 

 

 


 

Dear Rani, Thanks for taking your valuable time to give your feedback...regarding a CA who applies for  a tax profile should be updated in Taxation fields, ya i agree but again i say the work involved while working in a profile as a taxation manager or taxation consultant is just to refer..For example, visit any CA specialising in taxation or any CA working as a taxation manager in a company, you can find a mini library there consisting of taxation books. I am not against this. This has, this was and this will continue to be the trend. SO whats the purposing for again memorising all those age old laws after exam?? WHy to undergo the agony of exams even after clearing?? This is my point..Already they had given a tough CA FINAL exams and cracked it. Why dont ICAI market them telling that they have cleared a tough exam kept by us. They are competent enough to work so..Secondly, ya Doctors, engineers and MBAs are getting placed. The ones from top institutes never find a prob in any situation. But if you look into the reality even a rookie engineer (from not so good college) and MBA from Tier 2 college(Whom i said many lack the core competency of an avg CA i.e a CA who takes more than 2 attempts to clear) are also getting placed cos their institutes markets their freshers very well.. Has ICAI undertaken any similar efforts for it to boast off??ICAI has not even fixed a threshold limit in their campus. If they had fixed a minimum threshold limit of Rs. 5 lacs(which i think an average CA deserves) why do ppl and too in this huge quantum come and crib here?? See cmii-icai.org...even now companies are coming to ICAI's campus to hire CAs for a salary of Rs.1.8 lacks to 3 lacs which even an ordinary grad can earn after two or three years of exp. Regarding luck or coincidence on passing CA exams, they too play an important role but it is irrelevant to discuss here. here people are discussing about the Un Employment of CAs and ICAIs measures to help the freshers, so better we stick to those topics alone
 



(Guest)
Originally posted by : CA MAZHER MAJEED KHAN

dear ranii irrespective of whats ur qualifications are

i want to ask are u joking

if u are a ca or ca student than u must have known the uncertainty of ca results 4 percent at at time or 25 % another

u know when the results are so less even the best efforts go in vain

 

if the institute does not change the course is it my bl**dy problem

and what do u mean by these lines

Everybody gets into the course, somehow 'decides' on material to study, looks for some shorcut classes, struggles on and on for several years without knowing what exactly to do. This has to change. In the present situation one has to really focus on what one wants than just passing the exam and looking for employment charity. 

in ur reply u sounded more like a tease and talking about quality

 

he he go get some life and please improve ur knowledge and update ur self

 

and if a person is fumbling in answering even a easy question then u think he is an idiot u know how  much he must have work hard to get 81 in sfm

 

 

 

 

Oh I guess u have taken it personally. perhaps its that used some of  the words in your message. I just used it as an example. Sorry to have hurt your feelind.

I stand by what i said. its the responsibilty of the student to get himself/ herself ready for the job scenario. There is a ratrace out there(I'm quite updated and knowledgeable there) and CAs and students should come out of the illusion that passing the exam should do the trick. (Please read Karthick's post)

And inspite of the pass percentage and all BEST efforts never go vain .

Maybe the guy who scored 81 might have worked hard. where does it get him? Does he get the job? Makes the interviewer wonder abt his marks

Reality bites! perhaps that how the blood comes in your reply. just kidding.

and sorry again . I've repect for everybody who cleared CA. my only problem is with the illusions we have when it gets to getting a job.

 

 

 

 

 

2 Like

Sujit Samantaray (Employed) (28 Points)
Replied 31 May 2012

 I dont know to which profession you belong but I strongly reccommend you to see he Income Tax , Cost Management, SFM, Accounting And ISCA paper for CA Final And same for the IPCC. You will know why there is Statutary power to CA and not for ICWA.

There is no relation to the Statutory power and the Syllabus,those who has gone through know very well which one is tougher.So let us assume the same statutory powers entrusted all the sister institutes and have a level plyaing field then ponder honestly the hype associated with CAs is a realty or myth ?   

1 Like

TARAK NATH (Dy.Manager (Finance)) (196 Points)
Replied 31 May 2012

Dear sir,

With the setting up of National Financial Reporting Authority of India  under new companies act ,all the satutory power will gradually handed over to them,there will 8 members from Govt.  of india and 6 members from three professional institutes. KPMG CHIEF has also requested MCA that INDIA needs separate regulatory authority in accountancy sector.so future days are not good for CA profession.

 

 



CA prakash jain (CA ) (35 Points)
Replied 31 May 2012

There is also a need to change the course curriculam, increase of communiaction skiils among CA students by the institute, the couse should be in lined with industrial requirements, anyways still I wish luck to all the CA's looking fr jobs, n wish dat no CA would have to stay unemployed,hope for the best .


srinath (proprietor) (76 Points)
Replied 31 May 2012

Hi prateek,

 

i do not agree with you. there are many doctors who are not doing well  there are many engineers who are not doing well.  there are many software people who are not doing well. as such you are one in ca profession. I am an inter ca pass and having income tax practitioner licence and i am doing well in my profession. you have to change the situation or do practice. there is vast opportunities in the world to grow.  how you see the society, society will see you. dont break heart you are in right path and you will suceed in where ever you are.   if you want to do profession contact me. BEST OF LUCK.


Amol Gopal Kabra (CA,CS,DISA) (Practicing CA) (8539 Points)
Replied 31 May 2012

 I feel pity for those who are talking like this about me - "You are praising some council member because you are having contacts with him and he is helping you in some or other manner".

 
Here I would just like to advise that please think out of the box. I am not praising any specific council member. I am also not praising the Council. I don't think it a need to praise them. My message was for you to understand that the Council works hard for the betterment of Members, Student and Profession. I cant name their each and every effort towards the profession. But if you are a part of ICAI, you should know what the council is, what their efforts are, what steps they are taking for betterment of profession. Yes, there is a dark side for everything. But you cant blame ICAI for each and every thing.
 
It is not the duty of ICAI to secure you a job. Still ICAI is arranging facilities for students for placement. There are restrictions on companies entering the campus as regards to pay scale offered, nature of posting, etc. This is what ICAI is doing in addition for the students.
 
No institute or educational organisation or university assures or guarantees a job for its passed out students. But they assist them in finding one through campus placements. Now if you are not able to cope up the competition, is it the fault of ICAI? Somebody mentioned about a student scoring some 81 in a subject and rejected in the interview. So, it is not the fault of ICAI that the student had only the bookish kind of knowledge. It is the own responsibility of the students to think beyond the books also.
 
ICAI has done many contributions for its members, students and profession. Its the time to do your own. Because this is not the time for spoon feeding. Today you'll ask ICAI for ensuring job, then you'll demand increment assurance from ICAI, then you'll tell ICAI is not doing anything for our promotion. The demands will not stop. So, try to think positive, do something extra, take extra efforts, approach many companies, show your own skills, own talent. You have cleared CA course if means that you are capable enough. Then whats a big deal in finding a job. Ghar pe baithkar aur ICAI ko koskar to job nahi na milne wali.
 
I'd like to say that my intention was not to hurt the feelings of any student of newly qualified CA, but to just change your attitude towards the scenario.
3 Like


(Guest)

I agree with you Sir.

"Ghar pe baithkar aur ICAI ko koskar to job nahi na milne wali."

"Try to think positive, do something extra, take extra efforts, approach many companies, show your own skills, own talent"


Amol Gopal Kabra (CA,CS,DISA) (Practicing CA) (8539 Points)
Replied 31 May 2012

Originally posted by : Indian Bull
1. If you can't get a job, it is not the profession's problem - Well, go to any reputed educational institute in India, say IIT or NIT or IIM or ISB and so on. Have you ever seen any person in helm of affairs of these institutes talk irresponsibly like this. they take steps to market their freshers in a better manner in each and every campus and in each and every campus they bring lots of newer companies/ firms in their placements. Has ICAI done anything like this? The CCM of ICAI also think like you only.  They dont market the freshers properly and as a result many CA freshers despite meritorious track are not properly placed in the Campuses of ICAI. they too talk like you irresponsibly saying "It is not our prob if you dont get a job".

2.I dont any CA cleared in Nov 2011 being unemployed. - Is this supposed to be a joke? check https://www.cmii.icai.org/ to have a reality check on the campus placements and the statistics will tell you the truth. Not only in Nov 2011, over the past two years, ICAI is not properly marketing their freshers properly. Generalising things by telling that statistics is a myth and no unemployed CAs exist and ICAI profession has a great value is not going to help the freshers. IF you have something worthwhile to share,share it with data from adequate sources and statistics. Statistics is showing that value of ICAI is coming down a lot.

3.you think your articeship was cheap, you will definitely be cheapest CA only because of your attitude - Has ICAI ensured a regulatory mechanism that every person who joins articleship would get uniform exposure? Ya, I agree some articles dont take articleship seriously but there has been a hell a lot of cases where the articled assistants are used by FCAs to do personal works like putting petrol for their bikes, cars,etc, purchasing vegetables from the market, purchasing books for their children,etc and had ICAI taken any steps to punish those members?(I still could remember those days when my CA used to make me do this personal works cos he is not able to find a servant at a cheaper cost. I literally thought of committing suicide during those days. Thank God transfer option was available those days and I too cleared CA at a young age and am well placed now in the industry but i feel pity for the new entrants and current freshers) and secondly Whats wrong in comparing work with money paid to us? CAs are earning a hell a lot of money solely because of the work done by articled assistants and paid staff. I dont think there is any harm in paying them more atleast to meet the cost of education, conveyance, cost of living, opportunity cost of doing CA(ICAI has banned studnets from doing additional courses during CA articles as well as from any income earning opportunity as well as from taking transfer when they get selected in a Big firm) Stipend need not be astonomically high but should be reasonable.

4. . If you look at the statistics, I dont think any campus of ICAI has been flop ever. - Biggest joke of the century. I once again request Mr. Kabra to visit icai's campus placement site https://www.cmii.icai.org/# and have some reality check or get his neuro checked by a good psychologist.

5.If any one else gets a preference of his cast for job, it is not the problem of profession. - For once,Mr. Kabra had spoken something logical and sensible.

6. Last but not the least " spoplease stop blaming any council member. These council members work for the betterment of ICAI, its students, its members and the Profession. So before talking anything about them, first try to understand their rensibilities. They handle the affairs of ICAI along with their own Professional Commitments. " - Again, Mr. Kabra proved that his sense of humour is reaching amazing heights. What have the council members done for the betterment of ICAI?? Give some examples, statistics, etc. to support this statement. the CCM are busy fighting for posts in Central Council level and hardly give a heck about whether their freshers are marketed properly and whether new companies come into for campuses and whether the freshers are paid appropriately...They handle the affairs of ICAI just to suit their professional commitments and not along with their own professional commitments.. Banning transfers, restricting students from pursuing additional courses, etc. itself shows how desperate the CCM are towards the welfare of students.i.e. Future CAs. Have they ever given a thought about how their actions are affecting the students of CA or the freshers??? Any ways, nothing to loose. It will only discourage the future entrants from taking CA or they may resort to dummy and bring bad name to ICAI by entering into industry or practice without adequate practical knowledge.

                  As a CA, i have a great resoect towards this course and profession but this doesnt mean that i should have a blind adulation towards ICAI and simply be jingoistic to it despite all the things going wrong in the helm of affairs of ICAI. If any action of ICAI affects even a single innocent fresher CA or any student, it is like affecting you or me or any CA and their children..Think in this way, you will find no wrong in what prateek has said..

 

Just to clear the mis-understandings about my thinking which you people are getting.

 

1. Marketing of Freshers - ICAI is organising campus interviews is a very good example of ICAI's efforts towards freshers.

 

2. About students cleared in Nov 2011 - In my contact I have some 25-30 CA's who appeared and cleared in Nov 2011. Almost all of them have got their employment and a couple of them have started practice. there may be 1 or 2 who have not joined anywhere, but it is not due to non-availability of job but their sector specific choices where job is not available now. Its already 4 months now from the results and if anyone is not getting job, then he / she should seriously think about this. 4 months period is much sufficient for getting a job.

 

3. Regarding so called "Free Servants" - If any CA is asking to do personal works to articles, then it is the duty of articled clerk to deny doing such work. There is a mechanism at ICAI where members have been punished for such things. If you dont know about this, then it is you problem. Just refer to the cases undertaken by the disciplinary committee on such situations and the punishments given to members. The students should be aware that there is an association of students in every region of ICAI. For WIRC it is WICASA - i.e. Western India CA Students Association. Further, ICAI is not God to visualise everything done by such members. It is the duty of the student to report such incidents of personal work and cheap work to ICAI.

 

4. Campus Statistics, A biggest joke - If you cant assess the success of campus, then please check it once again. The stats does not depend upon Number of Students placed to number of students applied ratio. Here the number of places available in the campus and the placements should be verified. If there is no vacancy in any company or there are limited vacancies in the companies, then do you think ICAI should force companies to increase Vacancies? It is just like a player blaming Olympics Association for not winning any medal in the tournamet. If it is a race, you chould be capable enough to win it on you own capabilities. ICAI's job is to bring you to campus.

 

6. Regarding Council members - I dont have any thing to do with their fignting for posts. But till they are taking care about the members, students and profession, then I am fine. There is no place in the world where there is no politics. But after politics, if their is results I am least concerned with politics. Somebody also mentioned that I am getting any help personally from any CCM.

I need not offer any explanation but still to clear misunderstandings. I am a CA in practice. I have many contacts right from MNC's to local big companies. But I dont want to use their influence to increase my practice. if i use my influence, i can have revenue of Millions of Rupees per year. But I always have in mind these two things - Integrity and Dignity. I dont want to take work and earn by contacts alone. If any body feels me capable of work, i'll very much accept. But i like to live with dignity. So taking undue help from any CCM does not suit my principles.

 

 

1 Like


Amol Gopal Kabra (CA,CS,DISA) (Practicing CA) (8539 Points)
Replied 31 May 2012

Due to network error the above comment was posted twice. So modifying the same.

Amol Gopal Kabra (CA,CS,DISA) (Practicing CA) (8539 Points)
Replied 31 May 2012

Originally posted by : santosh sharma

THE  PRESENT CONDITION OF CA KABRA SEEMS AS PRIME MINISTER MANMOHAN SINGH, WHO ALSO NOT WILLING TO ACCEPT THE TRUTH ABOUT HIS CABINET MINISTERS on CORRRUPTION. ALL PEOPLE WHO HAVE EXPRESSED THEIR EXPERIENCES HERE CAN NOT BE IGNORED AS THE ALL ARE SOMEWHERE RELATED TO THIS PROFESSION. MAY BE MR. KABRA HAS MORE INFORMATION ABOUT THE NUMBERS OF EMPLOYED AND UNEMPLOYED LET SEE WHAT FIGURE HE PRODUCES TO PROVE HIS STRONG SPEECH.

 

 

Dear Mr. Santosh

Sound very funny, but before you comment anything on any person or any institution, first make sure you know about them very well. I am not the President of ICAI as you are comparing me with Dr. Manmohan Singh. I am not the head of Central Council or Regional Council. I think you people should make some effort to understand what is ICAI and then come forward to comment.

I think I should end my part of the debate here. I am not annoyed by people commenting on me. But the thing is that rather than focusing on the problem, people are commenting on me personally. I cant control anybody's attitude but then i can opt for not becoming the part of a debate where people are not ready to understand the point.

If by any means I have hurted anybody, then I apologise. But I am firm on my stand.

 


CA phanikumar chebolu (B.com CMA (CS professional))   (556 Points)
Replied 31 May 2012

Mr.Kabra... I dont agree ur words at alll.... the previous message u posted is completely utter...

The biggest joke..

"What all statistics are you talking about, it is a myth. I dont any CA cleared in Nov 2011 being unemployed. I agree there might be few who dont, but this does not mean the profession is not good."

what u agree...  agree that "only few people got job".... but not opposite to that...

and the next joke....

I dont think any campus of ICAI has been flop ever..

and there are so many.......... enough of ur jokes..

Indian bull has given corrcet answers for u...  really ur "sense of humour is reaching amazing heights"

i request you, pls dont participate in this conversation any more.... (for the benefit of unemployed)


Amol Gopal Kabra (CA,CS,DISA) (Practicing CA) (8539 Points)
Replied 31 May 2012

Thank you for your Kind  advice CA. Phanikumar Chebolu.

1 Like


CA phanikumar chebolu (B.com CMA (CS professional))   (556 Points)
Replied 31 May 2012

"mr.kabra,    

"I think I should end my part of the debate here".

Thank you very much for ending....... no

1 Like


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