i totally agree with u tanuja

infact students need more time to self study

with articleship it is very difficult to get time to self study

hey guys... even i am not encouraging dummy... just i am saying the cause... 3.5yrs is too long. i think 2 or 2.5yrs is good. for cs only 1.5yrs...

Industrial Training is permitted. Transfer from one CA firm to the other is not.

You are right in saying that the regulations of transfer are improper, but dummy articleship is not a solution. Its not that people have started dummy articleship from 27.03.2009, they are doing it since ages.

Nitesh Sir - You are right, people from big 4 also leave articleship as they find work boring. But these are hasty decisisons. Students, just 12th pass or graduate are kids in professional life. With limited knowledge, it is wrong on their part to comment about quality of work. I agree that firms exploit, work is at times monotonous, but it is still better than doing absolutely nothing. To some extent, the attitude of students also matter. Im from one of those big4 and I nver found work montonous. Ive had a very good time here and I have seen that those who take interest are given very good work. Our firm even sends some selected students overseas for international assignements. This selection is not based on ranks and contacts but on work performance. Ranks and contacts can get you in, but they cant work beyond that.

Getting a good firm is difficult, I accept that point. But then tody information is available. We have websites like caclubindia.com where people have shared their views/experiences. One can always do some R&D and act accordingly and join a sutiable firm. Thats one reason, I strongly urge people to leave a good example for future students and not advise dummy articleship or any such thing that is against rules, or that can hamper somebody's progress. I have seen many forums where very wrong examples are set.

very well said krunal

Most of the students plan for articleship even before knowing what articleship is all about . I think before taking any decision one has to think and understand its effects on coming future , whinh students seldomly do.

Students have a perceptio that articleship is waste and no point in wasting long 3 years in doing such a BORING thing but My Dear friends ,

It is really important and in this 3 years you come to know many things and get to learn lot of things and if u utilize it properly it is not waste and SMALL FIRMS rerally have interesting stuff but it all depends on ur attitude and the way u take the things.

You are absolutely right. Articleship has helped me a lot. Ive got a chance to work in all areas. Got so much of exposure to everything in this world, be it different sectors of the economy, or taxes or laws....not only that but even restaurants, airlines, other interesting places (audit requires travel and these things also come along). It has helped me realise my goals and  make a roadmap to achieve them.

One important thing I have learnt is that output matters a lot. One may have hundreds of qualifications and ranks, and they are highly appreciable, but output counts more than anything else. Articleship has helped me understand how I can make money for a company as CA, as a consultant, as an employee as well.

I urge all of you to take articleship seriously. I have also taken a transfer earlier as I did not used to enjoy the work. I have faced hell lot of problems to get the transfer, I have wasted my 2 months in all these fightsn and luckily mange to get the transfer. I was thinking of leaving CA.....and was quite distrubed and depressed during those days when I wanted the transfer.  But when I got the transfer and subsequently a  a very good firm I have seen miracles happening.

It is really unfortunate that the new announcement bans transfers...but you still need not worry as Industrial Training is open for you. Score well in PCC, show good work performance. To get a good firm for Industrial Training, you will increase chances if you can show them how you made a difference at work place, how your knowledge helped clients save taxes, how your professional attitude, patience helped clients avoid delays in compliances...etc. Find out ways by which you will be able to show your skillsets - communication, problem solving, management, client service....your knowledge about accounting, auditing and taxation. You can think of all these kind of points and show your output so that you can get a good firm for Industrial Training and a good job in future.

There are many people who have become CA's in 3rd and 4th attempt. But they have shown their ability to help people in saving taxes, in maintaining proper accounting records, in having good internal controls etc and thats why they have managed to establish good practice. To do any business or job, you will have to get good clients and they wont come just by looking at marksheets....one has to have good networks, and one has to have a responsible attitude and necessary skillsets to handle them. And articleship will give all this if taken seriously.

Dear All,

What about those who are from very poor family background ? Is our stipend is enough to cover even exam fees ?? Where will be the cost of coaching /books ?? And finally after hard work u will be failed because of 1 mark agrregate ////????

Straight forward answer is lobby of practising memebers.......they want cheap labour to satisfy their means. If ICAI increase the stipund as good as below i recon very few would go for dummy :

1 year : 8000

2nd year : 12000

3rd year : 15000.

Even a salesman who is not so educated this much money without any qualification. Our profession can't come out of it seems all the top pople who are managing ICAI are practising members.

Big fours are paying Rs.15K pack. If you are good enough get an admission in CA firm, they will pay you generously.  and by opting dummy, who is going to pay you. 

Then, for getting dummy you will have to pay monthly premiums or a interest free refundable deposit of lakhs. Then you are not worried about the student from poor family back ground or lobby of practicing CAs.

For other professional courses like Medicine, Engg you will have to pay a hell lot of money for admission, monthly expenses, books etc. and for CA what u have to pay... and one more thing .......if you are thinking that articleship is meant for earning income.......you are wrong........it is for earning experience and expertise.

What I feel is Institute should cancel the membership of members and registration of articles who are going for dummy.

Big fours are paying Rs.15K pack. If you are good enough get an admission in CA firm, they will pay you generously.  and by opting dummy, who is going to pay you. 

Then, for getting dummy you will have to pay monthly premiums or a interest free refundable deposit of lakhs. Then you are not worried about the student from poor family back ground or lobby of practicing CAs.

For other professional courses like Medicine, Engg you will have to pay a hell lot of money for admission, monthly expenses, books etc. and for CA what u have to pay... and one more thing .......if you are thinking that articleship is meant for earning income.......you are wrong........it is for earning experience and expertise.

What I feel is Institute should cancel the membership of members and registration of articles who are going for dummy.

@ SREEJITH.T

Sir , how much workforce of articles do these Big four absorb 10%??20%?? may be 30 %??

Rest 70 % live on mercy of their CAs.........work as bonded lobours.

I hope institute is not reading your reply here,I am afraid if they did and starts cancelling members then strenght of members can go even upto even half of that it has right now.

Aren't  you one of the practising member and not liking me saying something about practising members?

I agree completely with this view. One more thing is that if you are getting bored of the same work in two or three years, then what shall you do after completing CA. You have to take out the same job throughout your life. If you chose Corporates, then it becomes more routine work. How will you handle then??