REQUISITES FOR A PRACTICING CHARTERED ACCOUNTANT?
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IS IT QUALIFICATION OR KNOWLEDGE OR EXPERIENCE OR EXPOSURE - NO RECOGNITION FOR ANY OF THESE. ONLY A PERSON HAVING CIRCLE CAN DO ANY MIRACLES IN CA PRACTICE, KNOWLEDGE IS NO MORE RELEVANT FOR A PRACTICING CA, ONLY GAMBLING CAPACITY IS THE PREREQUISITE FOR A PRACTICING CA. FOR SAYING 2 x 1 = 2, ANY BODY CAN SAY. BUT BY CERTIFYING 2 x 1 = 3 AND AT THE TIME OF QUESTIONING THEIR QUALITY THEY CAN SIMPLY ANSWER THAT i PRESUMED IT AS 2 + 1 =3. SO CA PRACTICE IS NOTHING BUT A BROKERAGE EXPOSURE IN COMING DAYS. CA INSTITUTE IS THE BIGGEST WHITE ELEPHANT IN INDIA. BECAUSE IT IS PLAYING GAMES WITH THE LIVES OF YOUNG GENERATIONGS BY ENCOURAGING THEM TOWARDS CA PRACTICE. IF ANY BODY BELIEVES WHAT THE INSTITUTE IS SAYING, HE WILL BECOME BIGGEST FOOL INFRONT OF HIS WIFE, PARENTS, FAMILY MEMBERS AND SOCIETY. CA PRACTICE IS REQUIRED FOR ONLY THOSE WHO CAN DO CRIMINAL ACTIVITIES, GAMBLINGS, MALAFIED INTENTIONS, DIRTY GAMES, BRIBES AND OTHER BROKERAGE ACTIVITIES. BIGGEST JOKE: WHY FOR PROFESSIONAL ETHIQUES, CODE OF CONDUCT ETC. MEANS JUST FOR GETTING 20 MARKS IN CA FINAL AUDITING PAPER. THIS IS A BIGGEST JOKE FOR SENIOR CHARTERED ACCOUNTANTS AND BIGGEST HARRASSMENT FOR FRESHERS BECAUSE RULES ARE FOR FOOLS. ALREADY INDIA IS CURRUPTED DIRTILY. CA'S HAVE PLAYED ENOUGH GAMES IN THAT. WHY MEANS EG: A COMPANY WILL APPROACH ONLY A SENIOR CHARTED ACCOUNTANT WHO HAS DOES NOT SPEND AT LEAST MINIMUM OF TIME FOR APPLYING REASONABLE CARE AND SKILL, DOESN'T KNOW ABOUT HOW TO OPERATE EVEN A COMPUTER, DOES NOT KNOW ABOUT SAP, TALLY OR ANY OTHER SOFTWARE BUT ONLY CONCERN IS THAT HE CAN CERTIFY EVERY THING PLAINLY BY MISGUISING EVERY THING AND KNOWING EVERY PRO'S AND CON'S OF THE COMPANY, ITS PITFALLS, ITS LOOPS HOLES, ITS TAX GAMING, ITS FALSE BOOKS OF ACCOUNTS. SO OBVIOUSLY A PERSON CAN APPROACH THAT KIND OF THIRD PARTY. OK. WHAT THE GREAT THING ONE CAN GET OUT OF AN AUDIT REPORT. AN ORDINARY SENIOR GUMASTHA, NORMAL ACCOUNTANT CAN ALSO DO WONDERFULLY REPORTING ON INTERNAL CONTROL WEAKNESSES, FINANCE FUNCTIONING, RATIOS, TAX COMPLIANCE AND OPERATIONAL PERFORMANCE. SO WHY A CA HAS TO CERTIFY, WHAT QUALITY HE IS PRODUCING FOR THE GROWTH OF INDIA, HIS CERTIFICATE IS USEFUL LIKE A DOCTOR CERTIFICATE. RBI RECOGNISED THE GREAT QUALITY OF A CA IN ITS BRANCH AUDIT AND TOLD I DON'T WANT UR CA SERVICES FOR OUR BRANCH AUDITORS. IT IS UNFORTUNATE ON THE PART OF CA'S THEY BOWED THEIR HEADS IN FRONT OF RBI AND BEGGED FOR BRANCH AUDIT ABOVE 6 CRORES OF RUPEES. NEXT YEAR THERE IS NO GUARENTEE FOR BANK AUDIT. IF THERE IS DEFENITELY QUALITY, REAL REPORTING OF BRANCH FUNCTIONING AND APPLY OF STANDARDS IN AUDITS, WHY DON'T RBI RECOGNISES CA'S QUALITY. IT IS SHAME THAT THE INSTITUTE CAN NEVER RECOGNISES ITS MISTAKES AND NO ONE REAL CHARTERED ACCOUNTANT CARES ABOUT THE PROFESSIONAL GROWTH BECAUSE IF SOME BODY REALISES HE CAN IMMEDIATELY RESPONDS. THERE ARE CHARTERED ACCOUNTANTS WHO ARE SIGNING TAX AUDIT REPORTS WHICH ARE PREPARED BY ITP'S JUST FOR RS. 500. BUT BLIND INSTITUTE CAN NEVER ACCEPTS THIS FACT. OK. SIMPLE QUESTION, WHETHER THE INSTITUTE IS REALISING THE OPEN FACT THAT WHETHER THE PRACTICING CHARTERED ACCOUNTANTS MULTIPLIED WITH NUMBER OF TAX AUDITS ELIGIBILITY IS MATCHING OR NOT. NO BECAUSE THE INSTITUTE IS GOOD BUT THE DIRTY PICTURES APPEARING ON JOURNALS ARE BLINDLY DOING WOOLF ACTIVITIES. THAT IS WHY ALL THE REPUTED CHARTED ACCOUNTANTS QUALITY HAS TO BE QUESTIONED REALLY. WHO DARES.................NO BODY. BECAUSE IF SOME BODY OPENS HIS MOUTH, THE REAL CULPRIT MAY DO HARM TO THAT PERSON. I AM BEGGING TO REALLY PROFESSIONAL CA'S TO DARE AND OPEN MOUTHS. PLEASE DO THE REAL HELP TO THE FORTH COMING GENERATIONS. PLEASE REALISE YOUR SELF FIRST. I AM AFRAIDING TO OPEN MY MOUTH TO TELL THE GROUND REALITIES WHICH ARE SPREADING LIKE CANCER IN PROFESSION. I SHOULD NOT BLAME A PERSON WHO IS SIGNING A TAX AUDIT FOR RS. 500 BECAUSE HE DON'T HAVE CIRCLE AND DON'T HAVE, OBVIOUSLY, REVENUE SINCE YEARS TOGETHER, SO HE HAS TO SIGN TO GET RS. 22, 500 PER ANNUM REGULARLY. CPE HOURS ARE NOTHING BUT REVENUE GENERATION FOR INSTITUTE AND NO USEFUL FOR ATTENDANTS AND USEFUL TO SLEEP IN THE SEMINORS. PLEASE CONCENTRATE HOW TO IMPROVE OUR QUALITY BY PROVIDING SCOPE GENUINLY UNLIKE 44AB GAMBLING. I AM AFRAIDING TO RAISE THESE ISSUES DIRECTLY WITH INSTITUTE BUT DARING TO SHARE THESE ISSUES AT LEASE BY THIS KIND OF OPEN FORUM. PLEASE ERADICATE CIRCLE DRIVEN CA PRACTICE, TO INSTITUTE, OPEN YOUR EYES, YOUR ALL ETHIQUES AND CODE OF CONDUCTS ARE ALREADY GONE. REALISE ABOUT THIS. ONLY CROCODILE CHARTED ACCOUNTANTS, WOOLF CA'S, CRIMINAL MINDED PRACTICING CA'S ARE ONLY ABLE TO DO NON PRODUCTIVE, NON QUALITATIVE PRACTICE. SIMPLE QUESTION, A PERSON WITH 5 YEARS OF PRACTICE, WITH OUT BACK GROUND, IS STRUGGLING FOR DAY TO DAY SURVIVAL BUT A PERSON FROM FLURISH BACK GROUND IS ABLE TO DO PRACTICE WITHIN 6 MONTHS AND ABLE TO BUY CARS, FLATS, PLOTS, VILLAS AND FLIGHT JOURNEYS BECAUSE OF F
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Answer:
It is really very true.
sunil at Yahoo! Answers Visit the source
Other answers
It is really very true.
sunil
These are few of the bitter realities underlying the profession....
Rishu
In Maharashtra VAT on aerated non alcoholic drink is 20%, my question is if soft drink bottle are under scheme (i.e. if I am giving 2 bottle free on purchase of 10 bottle), does it attract the VAT or not?
bipin
These are few of the bitter realities underlying the profession....
Rishu
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