Why Are Young CAs Not Practising? | NDTV Profit

[@pramodkulkarnica]

Salary appears to be more lucrative. Practice demands time, patience and support. Even cerification related risks have increased. At present the bank audit are reducing and fees are not anywhere near recommended levels. Govt. has been any how discouraging CAs by removing audits and making even tax practice unremunerative. ICAI cpes have now become AI and utility software advertisement forums rather than discussing core technical sessions.

[@aliakhtar_0807]

Agree 💯

[@Mambafx-y5m]

In my own opinion you should learn to diversify your income stream now that they are lots of investment opportunities. Join my community and earn 205% profit weekly with my trading bot

[@magictree787]

Lies no steps are taken to attract new CA into practice. The old practising guys are reluctant to allow new CA into practice. They just want to hold on their clients and never let him choose a young chartered accountant. Inspite of rotation of auditors they rotate clients among their circle only. Also their always want to remain sub par and never want to really grow into large firms.

[@RishabhJain-md8pr]

If you are good na you automatically get the clients by hard work and reputation and knowledge so, this is a bullshit to said that somebody is doing that and that

[@sambenk649]

​@@RishabhJain-md8pr bro being good doesn't stop other people's motives. Other people have their own intentions. There are clients also involved in this, they just want CAs to do what they want, not what should be done. They don't care, if you dont do it someone else will be hired, that's all. You're right about being good, but being good is not some sort of precursor to being successful.

[@YOGESHJOSHI519]

one and only reason Non CA showing them as CA in small town and capturing the market and forcing young CA to file ITRs @ 199

[@MohitTandon-do8hh]

Now as per direct Tax code tax audit can be done by CS and CMA as well day by day things are getting worse for practicing CA's

[@surajitdas7695]

How many CS, CMAs are there in totality

[@mrigankoghosh6858]

Stipend badhao yaar. Minimum 50,000 INR rakho it's 2024. CA CA Karke itne bada dikhate ho and in reality 2000 aur 3000 Stipend dete ho daily wage labourer bhi zyada Paisa kama leta hain. Articles grind like anything, atleast respect them . Samjho yaar . Khali exam scheme change kar lene se bas ho jaata hai kya. Dignity bhi ek cheez hoti hain jiske liye we work hard. Uske upar attempts lagte hain aur family pressure. Students come from small villages to do articleship in big cities these stipends won't even help in getting a bare minimum phone recharge or metro fare per month or even electricity bill. Get out of the bookish world and see the reality. I request minimum 50,000 INR tak rakho stipends har filed of articleship main. Students will be more than happy to pursue this course. It's a genuine request Hope this helps.

[@rintusaharoy8499]

Yes I also agree with that ...

[@rajneeshkumar7132]

Hn yrr

[@rintusaharoy8499]

@@mrigankoghosh6858 yes because Jo milega wow transportation mei chala jyega ...

[@ShivamGupta-kv4kk]

50000 toh qualified CA ko nhi mil raha

[@Redwaterbottle.]

​@@ShivamGupta-kv4kktrue

[@ramjena1142]

Mainly due to rule of rejection of Advertisement. Fear of rejection in practice of those having no fore father in the CA practice or business industry. CA syndicate is silently working to cap the market share of CA practice. Besides, CA result % is kept very low to maintain and uphold the syndicates' interests. Solution: 1. Increase the passing % (assuming all bright students and hard working and aspiring to be qualified CA). Do not link to demand supply within India rather consider demand supply of qualified CAs in the whole world. For example, GULF has a lot of demand. So conduct examination in two parts (within India and outside India, then allow CA practice after returning to India with another practical examination and attending practical classes for X no. Of hours) 2. Large CA firm to give appointment of new firm for at least 2 to 3 years by compulsorily and handover/share certain % of its clients to new firm. So that the new CA will get chance to face the financial difficulties and overcome and to grow. Last, not least, ICAI brings a mind set with rule by discouraging richer remain richer, Poor remain poor. Thank you

[@agent4758]

Audit, accounting and tax are backward thinking professions. Most of these works seems monotonous and boring too. That's why the young CAs are not interested to practice. Whereas there are many core finance fields like investment banking, asset management, PE, VC etc which are forward thinking jobs. These careers offer high salary and are interesting than traditional accounting and audit roles. But sadly many CAs find it difficult to land in this field unless they have a competitive advantage like vast network, articleship in big firms, All india rank etc. CA course itself is just a basics of core finance. The only paper related to finance is AFM paper which is still just basics. I recommend young CAs to take courses like CFA, FRM etc to land in finance roles.

[@snehaa381]

Very well said 🙌

[@WildRex]

someone needs to step in and take up the Audit which is independent examination of Financials right. The Scope of audit itself is like that, none cld change that but improvements are being made nowadays with Data Analytics & AI implemented to Audit across all firms.

[@Shrey777]

Traditionally yes but modern accounting is more about adding value like management accounting is forward thinking it's just we are supposed to be business advisors but pervious gen CAs only did glorified bookkeeping

[@rajeshbairav5371]

I read in article that CAs are main reason to increase black money in country,they find tax loop holes and help big fat people. Recent times it is slightly changing

[@ಪದ್ಮಹಸ್ತಂ]

Please educate youself in the right direction. If there are 99 good CA, 1 can be in the wrong side and it is quoted always. That is really bad

[@rajeshbairav5371]

@@ಪದ್ಮಹಸ್ತಂ Thanks for your suggestion,but as I mentioned it's not my only opinion it's a fact stated by Income Tax Advocate in a article and I stated in last that it is changing now

[@camahmmadtanveer6779]

Tax audit signature rate now days 2000₹ rupees and for that newly CA needs to take all the risk of client. Adv and tax practitioner has grabbed all the market and entry of CA is very tough in this tax market Not only tax practitioner and adv taking 2000₹ advantage experience CA who has developed their practice they also taking advantage of it. Thats why newly CA prefer job over practice

[@jiteshdewani8981]

Sir I'm in CA Final, I want to Practice since beginning, I met with an accident & I'm 45% Permanently Disabled I've uploaded my Disability Certificate on 31-May-2024 but still its not updated in View Profile of Self Service Portal (SSP)

[@SudheerKumarReddy-t7p]

Sorry for your situation sir. But this is not the right channel. ICAI will never come to know your actual issue if you put it here.

[@anishmahor3673]

You can try filing a complaint against this issue at Consumer Forum via Online Mode. They can help you in this matter.

[@Mambafx-y5m]

"Building wealth starts with smart investments! Diversify your income streams to secure your financial future. I personally invest outside of my job and motherhood, earning a 205% weekly profit from one stream. Want that too? I can show you how!

[@vineetkumar-pf3qn]

😂 bawdhi poonch

[@Mambafx-y5m]

@@vineetkumar-pf3qn "Building wealth starts with smart investments! Diversify your income streams to secure your financial future. I personally invest outside of my job and motherhood, earning a 205% weekly profit from one stream. Want that too? I can show you how!

[@moveon89485]

Attract young talent ? the course change was the best opportunity to introduce AI in curriculum as in Audit but ofcourse 😑 subjects such as FM should be of be of 100 marks as there is huge scope in future for finance field and also if you are a aspirant you should know how much outdated data is there in study material ,why?????

[@agent4758]

CA course is specifically designed for audit work hence there is less emphasis on core finance.

[@moveon89485]

@@agent4758 The topic is attracting young talent ,I do know CA revolves around Audit so I mentioned it first and if you know about FM there is too much data and mere 50 marks for it is not enough

[@Ishaan-r1s]

I am a CA aspirant but now i am self doubting if i should continue it....

[@shinedreamsmile8235]

Why??

[@Anurag-ji-2005]

This time ca se jada to data analyst wale kama rahe hai

[@Ishaan-r1s]

@@Anurag-ji-2005 that's sad

[@User-mncbjlfjrebxkl]

pick up international courses lol.

[@raajagarwal4497]

ca is not a good course now. Ca in practice charge 1500/- in audit. sad but true. unless u clear in 1st time,ca not good

[@Anonymous-male]

The CA career has lost its charm. Its only the respect that is left for CA's but no money. I read an article recently where CA's were given 3.8 LPA in ICAI campus placement. May be I should have foreseen the future before taking up CA. Advice: Don't take up CA as career here onwards. This career is too dark and depressive.

[@raajagarwal4497]

yes. ca course was good till itr etc was manual. now itr filing - 150/- , audit - 1500/- etc etc very low

[@jiteshdewani8981]

Many times I've asked for President's Email ID no one is giving me that.

[@bharathvhegde]

problem is old CAs are not updating and they don’t want to loose the clients.

[@mriduljain8808]

Not just practising CA CA course as a curriculum is degrading If your approach towards course and checking is orthodox then this course will lose its shine completely

[@N00MAK_CA_Finalist]

See whatever you guys say but the reality is all council members of ICAI at respectable posts are CA's in practise but do nothing for Article students. The only good decision for students was to reduce the years of articleship to 2. However any kind of support or initiative is not provided to young CA's. I myself would prefer to work in an MNC rather than practise. Guys believe it or not but majority practising CA are very KANJOOS in terms of payment 😑😑. My articleship is near completion and my principal needs more articles for a stipend of ₹5,000. I mean dude seriously.....

[@Rinshad9539]

Articleship is mediocre at almost 80% of the places.then how will they come to practice.

[@VishuSplendid01]

No Deloitte has been harmed by ranjeet sirr..

[@imranshaikhin]

😂😂😂ca ranjeet ki english sunke to mujhe apne upar bohat jaida proud ho raha hai ca cs professional hoke aise english chal sakti hai to meri emglish bohat behtar hai ye president ka hai icai ke 😅

[@RiyaSharma5156-ca]

Pronunciation aisi h waise english achha bol rhe h👍🏻 don't judge 😊

[@Dudestuff507]

Fake accent me nhi bol rha hai isiliye tumahe hansi aa rhi h

[@SatyamMishra-pu3kg]

Shi to h

[@AKSHATJAIN0123]

if ICAI want to increase the number of CA in practicing then they should also decrease workload of a CA 🙏

[@harshitajaiswal1568]

There should be ways and initiatives to actually showcase the value a CA and their services offer to the clients especially small level clients or clients having no financial background, to actually demand a remuneration that a CA should reasonably get in practice. For every work you will find CAs or professionals offering the work against meagre fees which also is a disgrace to the profession. CAs battling by reducing fees for clients is something not decent for this fraternity.

[@rationalmind3785]

Why not you allow advertisement?

[@tbraghavendran]

Certain professions are considered noble.

[@jimitshah7141]

​@@tbraghavendran what noble? Seriously? Articleship start Karo tab pata chalta hai ki saale chori karna seekhate hai. Young CAs even regret their decision of doing CA bcz they wanted to apply all those professional ethics they learnt in theory. And in reality, the ecosystem compels them to do the wrong. Is there anything noble in this?

[@vijendrarathod7039]

Drop out percentage has also increased 😂

[@Souravp23]

Nowadays practice is difficult.

[@GautamBudha-wj9el]

Even an interview seems like accounts class 😭😭

[@cankit7272]

pehle jawani padai mein ghisao fer budhape tk practice set kro zindgi kb jiyoge bhai

[@krishna335]

Audit and tax roles - Not everyone likes, can relate to, or looks forward to pursuing long-term

[@peekayplayzzz]

bindi kyonn lagaye hai sir ?

[@raajagarwal4497]

current ca in practice cant meet their own needs. Ca's r doing audit for 1000/-. what d u expect.

[@GautamBudha-wj9el]

Most student comes to CA to make money as it roi is indeed good, so they won't wait for there practice to grow and take that risk Student who already have ca in there family joins there family firm Where will u find someone who doing CA not for money but for interest, I would love to start a ca firm. But not within 5 years of becoming

[@CA_Anoopkumar_ACA]

Wether practice will be a good option if age is 35+

[@N00MAK_CA_Finalist]

LOVELY ENGLISH😍

[@amisha5841]

Out of 1.6 lakhs also, there are so many women who are just namesake practising but are not given enough opportunity..

[@chetanshukla768]

Why do you women keep cribbing all the time? If you don't have the mindset and mental strength to pursue this career, then stay at home. Do you think male CAs get everything on a plate? Everyone irrespective of gender has to start from scratch and struggle. When things go planned for women like you, you boast of being independent and how you all are better than men at everything. The moment you come across a roadblock, there seems to be a dearth of opportunities for your gender and what not. Grow up and don't be spineless.

[@HemanthKuruba-g5b]

CA students attendance 😊

[@anshulsaini1528]

Reason being nayi practice jamane ma 5 saal lgte h un 5 saal ma pesa kam aata h par expenditure jyada hota h isliye koi practice nhi krta

[@RohanBhanu-o6k]

LOL He is President and his English is terrific.

[@HarshGupta-ew8dx]

The journalist is interviewing him very maturely.

[@Srinivas-j7s]

Sirf CA banne se kuch nhi hota hai, powerBI Tableau jodo toh baat bane

[@sudarshangitte3916]

Bank crisis next..😂😂😂😂

[@Rahul_singh7777]

Ye kya bolenge loksabha election me exam lete hai ye log..

[@Aadi_clan]

Means AS will be abolished thanku 😅

[@dhruvaishnav]

not 100% confirmed for now

[@rushikadam4827]

AS are backbone of accounting 😂 Don't dream with open eyes

[@productive_life__]

Proudly CA student

[@harshit1355]

🤓🤓🤓🤓

[@avinashsharma4628]

PPT presentation dena bureaucrats ka kaam hota hai minister ka nai, modi ka third term u turn bali sarkar. agar aisa chalta raha rahul gandhi 2029 mai pm banega . modi ka shelf life khatam ho gaya hai. yogi ko kaman di jaye. itna explanation election ke time congress ka jhut aour sc st reservation propoganda ke upar presentation diye rahete to 240 ke jagha 340 aati.

[@Shubh369t]

I trust on ICAI❤

[@dhruvgoyal5285]

Ya hoti h English aass boli jati h english koi koi bhoot style tej s english bolta b jo smjh nhi aata but inki english smjh aarhi h 😂

[@dronzer6902]

Wait for 4 yrs..u will find me💪

[@jaisingh.p]

I will do practice

[@pubghunter4260]

why english is so bad :(

[@narendrarajpurohitt]

we need to boycott big 4

[@tanmaygupta6432]

She can't spell icai 😂

[@Aadi_clan]

Other ministries 🤡 ICAI🗿🗿

[@anandjha7216]

This is not a ministry or related to the government but an independent body.......like for the judicial system.......it handles accountancy

[@Aadi_clan]

@@anandjha7216 bkl ministries of corporate affairs ke under aata hai ICAI

[@anandjha7216]

@@Aadi_clan are bkl to implement or execute the accounting policies it goes through MCA, just like to implement accounting policies in banking RBI would give his final decision but when they will decide they will consult ICAI.........just go and read first

[@bharathvhegde]

need to open your eyes