CA course. Who should and should not do it. Choose wise and save time

Chartered Accountancy is one of the most highly regarded professions in India and is widely recognized around the world. Read along as we explore more about it as well as who should consider doing the CA course and who shouldn’t. 

Studying this course is an individual’s decision and this post is not to influence or discourage you but to share straight facts that you should know before starting your CA journey.

A student typically invests 5-7 years in this course on an average and sometimes it’s too late before you realise that it would have been more fruitful had you chosen another path. 

That’s what this post is about. To help you understand more about the course and save yourself some pain and time in future because time really is precious.

The course is divided into 3 levels of examinations –

 – Entrance

 – Intermediate

– Final 

After clearing the intermediate level, students then get registered for articleship (internship) for 3 years at a CA firm under a Chartered Accountant. 


Major subjects of the course are Auditing, taxation, accounting, finance, cost accounting and laws.

 Primarily, your articleship work will comprise Auditing and taxation. 

CA Course

The entire course can be completed at a minimum cost unlike the high cost of doing an MBA. 


Coming to the main reason for this post- 

Who should study the CA course? 

A lot of people enter the course with great enthusiasm but as time passes they lose focus and determination to clear it if they do not make it on the first try. I don’t blame them because it’s not that they don’t study hard but it is the lack of clarity. Lack of having a strong ‘why’ 

1. You wish to set up your practice.

Qualified CA’s can get a certificate of practice from ICAI and can set up their firm. 

2. You have an interest in Auditing or taxation and enjoy working in these domains

The subjects and the articleship will give you a solid exposure to Auditing and taxation where you can get thorough knowledge. If you think that these subjects are what you would be interested in and wish to have a stable job in either of the two domains then you’ll do great here. 

3. You have plans to be a part of your father’s firm and carry on the legacy

If you have plans to work with your father or anybody in your family who has an established firm then you can do so by applying for a certificate of practice and becoming a signing partner in the firm.

4. You are unclear about your interests and want to explore 

The majority of the students who enrol in the course belong to this group. Throughout the course, students are exposed to various topics of accounts, laws, economics, finance, auditing. Students get the opportunity to work as an intern early in their career and thus can assess their interests along the way and can make the call to continue or to switch to another course that suits their interests.

For example if Law is your strong suit then one can decide to do CS or LLB, if someone is interested in finance then he or she can go for CFA or FRM. There are a plethora of courses that are just as good as the CA course. 

Be wise, choose wise!

Best,

Kiara Roy

You can also find me on LinkedIn and get in touch with me.

How to better utilise your idle time.

Could have been introduced to another life by a book;

Could have explored another world by a movie;

Could have got your body in shape and mind at peace by exercising;

Could have nurtured your profession;

Could have been engrossed in art therapy sessions;

Could have been related to the beautiful part of reality by song lyrics;

Could have spent this limited time on earth with people who have your unlimited Love.

best,

K.H. Roy

The waving ocean https://www.linkedin.com/in/the-waving-ocean-a5100322b

1 minute mindfulness exercise proven effective for instant calm – even in a room full of noise!

In the middle of the day, amidst all the chaos around or within you, if you feel lost, unfocused or overwhelmed then I am going to tell you a powerful 1 minute mindfulness exercise that can make you feel at peace even if you are in a room full of noise!

Mindfulness

Being mindful means being aware of what you are sensing in the moment and how you are feeling.

It involves making your mind and body act in sync. Physically, you may be present but mentally you might not be able to focus, feel detached from whatever is going around you. Doing this exercise can help you feel one with the environment you are in and make you be more present.

Importance of this exercise.

This simple technique is perfect for beginners to understand the practice of mindfulness meditation and the ability of this exercise to be performed anywhere no matter where you are is like the cherry on top.

What is the 1 minute mindfulness exercise?

Close your eyes, listen to the sounds around you and make a mental note of everything that you hear.

Suppose you hear someone talking-recognize that! You hear the birds outside the window or a car’s horn, say it in your mind whatever it is that you hear as and when you hear it.

Doing this will heighten your senses and help you feel focused. By the time you open your eyes, you are bound to feel more relaxed and much more present in the moment.

1 minute mindfulness exercise

It’s not necessary to do this in the morning or at any specific time. You should take a minute out of your day any time you think you need to clear your head or when start to feel overwhelmed by life’s many pressures.

Practicing mindfulness is one of the many factors leading to good mental health and can also help with avoiding overthinking. Overthinking is a major issue causing stress and anxiety thus dealing with it is extremely important. In one of my previous posts I have taught how to stop overthinking in 3 simple steps.

I am certain that once you start practicing the 1 minute mindfulness exercise you will start to notice the change in you from the very next minute!

Best,

Kiara Roy

Connect with me on LinkedIn for more such wellness articles⭐