Why hasn't India produced a services firm like the big four?
Are Indian CAs too conservative and hesitant on taking on bigger opportunities?
What do you think?
CA.Pravinchandra
(Executive (F&A))
(2387 Points)
Replied 09 May 2010
I think Indian professional tried to just Join the Big 4 as soon they got offfer
Global level of Entrepreneurship is lacking in indian Accounting profession. Its amaiging to note that Indian professionanls are well recognised in Big4 but our professional not treid to start their own,to make Big 5
Originally posted by : Pravinchandra | ||
I think Indian professional tried to just Join the Big 4 as soon they got offfer Global level of Entrepreneurship is lacking in indian Accounting profession. Its amaiging to note that Indian professionanls are well recognised in Big4 but our professional not treid to start their own,to make Big 5 |
CMA Arif Farooqui
(Cost Accountant)
(4798 Points)
Replied 03 September 2010
Rome was not build in a day
so a firm will not beome big 5 in short time, it will take years of hard work to stablished it as a brand and we Indian dont have such patience. for example now a day most final pass student apply for job than COP.
Siddharth
(Get Digital Signature Certificates (DSC) in 30 minutes! Click on send PM!)
(672 Points)
Replied 07 September 2010
IMO, CAs I've observed, generally spend their time saving Rs. 10, 20, from wherever possible, waste time on thinking how to trouble their staffs/ articles, thinking to earn money from funny ways, etc.. They rely too much on certain staffs/ articles in their attempt to save money on salaries/ stipend. When one or some of them leave, the firm returns to square one and things start to mess up.
That's why a majority of firms end up at the same place of their inception. It's their attitude.
That's my take... ;)
SIDHARTH DHIR
(senior articled assistant)
(623 Points)
Replied 17 March 2011
Originally posted by : SiDD_ | ||
IMO, CAs I've observed, generally spend their time saving Rs. 10, 20, from wherever possible, waste time on thinking how to trouble their staffs/ articles, thinking to earn money from funny ways, etc.. They rely too much on certain staffs/ articles in their attempt to save money on salaries/ stipend. When one or some of them leave, the firm returns to square one and things start to mess up. That's why a majority of firms end up at the same place of their inception. It's their attitude. That's my take... ;) |
fully agree
Sgcray
(Accounts)
(110 Points)
Replied 18 March 2011
There is BMR... thats an Indian Firm which can compete with Big 4's