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Problems Faced by CA Students


Following difficulties have been persistently faced by the CA student’s community in course of their pursuing their studies and article ship training. The Institute of Chartered Accountants of India should consider appropriate solutions wherever possible.

1. Difficult Transfer Procedure: The Institute had restricted the Transfer of Articles w.e.f. April 1, 2009. Due to this restriction, various students are now being forced to continue working under their present principals even though they are not satisfied with their article ship. Due to this, the principles are exploiting their articled assistants, not only physically but mentally too, to work under the terms & conditions that suit the principals. Hence, the principal are enjoying a dominant position & the students are feeling totally handicapped.

2. Irregular/Non-payment of Stipend: This is one of the most common problems of all the students. In many cases, the principal is not paying any stipend to the articled assistants. Also, various principals are making deductions from the minimum prescribed stipend amount for leaves that are available to the articled assistants i.e. even if the articled assistant has not taken any excess leave still amount is being deducted.

3. Low stipend: The minimum stipend of Rs. 1000/1250/1500 prescribed by Institute of Chartered Accountants of India is not enough to even meet for the conveyance expenses of articles. In view of increasing inflation, it becomes nearly impossible for a CA student to even meet his basic requirement from this stipend.

4. Lack of quality training: In offices, the principals are taking undue advantage of their trainees by delegating their personal work to them just for the sake of keeping them occupied. The students are being forced to follow their orders just because they have no other choice. Some Members are also using their Articled Assistants as Office Boys & Personal Assistants which is totally unfair on the students.

5. Leave During Exams: Clearing the CA Examination requires a lot of hard work especially in the modern age of cut-throat competition. Students need at least 3-4 months to prepare themselves mentally for the exams but the principals do not understand this & hence they deny their articled assistants from taking sufficient leaves during the exam season. This adversely affects the performance of students in the crucial CA examinations.

6. Timings of Article ship Training: 35 hours of article ship training in a week are very high considering the amount of coaching a CA student is required to undergo. Even when there is not much audit work, still the students are forced to sit in their respective offices & do some other unofficial/personal work of the principal which in no way is related to practical training. This results in wastage of precious time of the students which could otherwise have been utilised in studying.

7. Discrimination amongst Articles: It has been found that some Articled assistants enjoy a superior position than others just because they are the relatives/close friends or are of the same caste of the Principal. Such discrimination is totally unhealthy especially in a professional course like CA.

Other problems may include:

  1. Lack of good library facilities.
  2. Expensive private coaching centers.
  3. Irregular working hours.

Note: CA Students may write their submission about the problems faced by them in pursuing CA education. All write ups must carry name and address.


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47 comments:

  1. Sir I am in such condition that my principal is denying for transfer. I am working with him for 8 months. I was not satisfied with him bt he wants me to remain there. Even he is refusing for termination.

    ReplyDelete
    Replies
    1. Ruin his life. Make sure that none of his clients come back to him. Delete the files. File a police complaint. Let him know who the hell is he messing with. Eventually, he'll end up listening to you. All the best!

      Delete
  2. You have exactly pointed out the main problem.
    Looking forward your next post providing some solution on these problems.

    Chartered Accountant In Navi Mumbai

    ReplyDelete
  3. I am curious to know the solution on this. Is there any way or procedure to take this to high command like regional Secretary or even I dont care to go to president if it really gives justice to students. Its totalling true that some principals are exploiting. How is the committee tolerating this... its shame onthem...

    ReplyDelete
  4. Sir, I have completed my 1 year of articleship and now i cannot take transfer.... my principal makes me work from 11 am till 10 pm in the night everyday.even when there is no work... i have to sit upto 8 30 everyday..how do i solve this???? please help me...

    ReplyDelete
  5. Dear sir it seems that you are truly concerned with students. sir even my C.A. does not has much of work. while appointing me on articleship he told that he has bank audit, stat audit, internal audit, vat and taxation work. but now after around 10 months end i realize that he has no stat audit and internal audit, his friend has a bank concurrent audit where at times he sends us. his major field is finance, he misguides articles. i hope action is necessary for such unethical proffessionals. what can i do please do guide.

    ReplyDelete
    Replies
    1. Matter can be discussed first within your office set up and then if requried with authourities in Institute.

      Delete
  6. Sir,
    My situation is different that I had completed my article ship but received my stipend in cash because I was not holding any bank account and bank refuses to open my account due to some Identification problem. I have submitted my form 108 without bank detail. Now institute is asking that is stipend is paid as per provision of regulation 48.
    Sir please suggest me what to do.

    ReplyDelete
  7. The above saids are totally Justifiable the institute needs to take an action for this this is request for the entire student community.

    ReplyDelete
  8. Yes!! Please guide us how to proceed as our audit manager not allowing us to leave before 6 in last 5 months of articleship though he is not ready to adjust those over/extratime given by us because of the same I had to leave ma first 2.5 years attempt!! Really disturbed!! please guide us what to do ??

    ReplyDelete
  9. sir, want to know process of articalship transfer within 1 year . Can i know procedure articalshiup transfer in first year ?

    ReplyDelete
    Replies
    1. Vikram,
      I am also a person who is in the first year of articleship. i also like to transfer my articles as the timing is really bad per day 11 hours and pay is 3,500 P.M in chennai.if you got to know the process and the restrictions on it kindly send it to my mail ID: hemanthvarma561992@gmail.com.

      Delete
  10. your views & guidelines about CA is so helpful in making good Career.I appreciate your work.I have read all the blogs written by you.If you want some more details regarding CA use this URL link-
    http://ifaindia.com/Why_CA.php

    ReplyDelete
  11. sir,

    i am doing articleship from last 1 year , till now my principal has send me to 2 companies for accounts work only,he is getting accounts outsourcing and sending articleship students to that companies and he is not giving any work in the fields of taxation, accounts, what can i do now sir, i am not satisfied with this kind of work and other articleship students in my office facing same problem

    ReplyDelete
  12. This comment has been removed by the author.

    ReplyDelete
  13. sir,
    Mai to CA hi chod rha hu. jo soch kr CA kr rha tha.pta chal gya kitni value hai humari..not in monetry term.. Insitute k rule Principl apply bhi apne liye hi krta hai.. aur 3 year ka training period(hahaha) pta ni kya soch kr itna period set kra hai..principal toh article pr rkhne k baad ye sochta hai jaise kharid liya ho..sachi sir, agr yhi CA student ki value hai toh..i give up right now..i use my time elsewhere, may be i can get better than this bullshit hell..totaly frusted..humse jyda toh call centre walo ko paise mil jate hai mahine bhar m.

    ReplyDelete
    Replies
    1. Sir, aap aaj ke paise ko dekhne se acha hai mehnat karke CA ban jao aur phir khoob paise aur izzat kamana.

      Delete
  14. can anyone tell me the meaning of irregular, does it include late payment of stipend also ?

    ReplyDelete
  15. can i take transfer within 1st year and join other firm in next year of my articleship...please reply asap.

    ReplyDelete
  16. Please check with Institute CA Article Office.

    ReplyDelete
  17. sir ,
    i have taken 4 month leave for preparation for final exam, so should i entitled for stipend for these 4 months ?

    ReplyDelete
  18. Sir, i m also facing the same problems which u have mentioned above.....moreover, the major one is expensive coaching centers as being a middle class person i can't afford such heavy amount of fee for taking coachings of CA final.

    ReplyDelete
  19. Sir, i have completed almost 2 years of articleship period from faridabad and now due to my mother's illness we have to shift at our relatives' home at Laxmi Nagar, New Delhi.
    So, in this case which proof should i submit at Institute to take permission for transfer, my principal has already allowed me for the same but the main issue is evidence which is to be submitted at ICAI, please guide me sir...

    ReplyDelete
  20. sir would the stipent be deducted on the ground for leave for exam

    ReplyDelete
  21. I AM WORKING AS AN ARTICLE IN ASSOCIATE FIRM IN MUMBAI . ACTUALLY A NONPRACTISING CA MISLEADED ME THAT HE HAS ALL THE WORK LIKE ACCOUNTING AND TAXATION ,AND AUDITING BT GENUINELY HE IS A STOCK BROKER HE DOES NT HAVE ANY OF THE WORK HE HAS ALSO REGISTERED ME WITH HIS ONE OF HIS FRIEND NOW HE IS GIVING ME THE STUPID WORK LIKE GOING TO THE BANK, COURIER POST OFFICE AND HIS CLIENTS HOME WHEN I ASKED FOR THE TRANSFER HE WAS NOT READY IF HE IS READY THEN HE WILL GIVE MISSTATEMENT ABOUT ME ON TRANSFER FORM SO THAT I COULD NOT GET THE TRANSFER FROM INSTITUTE. PLEASE HELP ME IN THIS REGARD AS SOON AS POSSIBLE I WANT TO GET RID WITH SUCH PERSON HE WILL SPOIL MY WHOLE CARRIER.

    ReplyDelete
  22. Is there any provision on web to study online and any software tutor teach us Chartered accountant in Mumbai if yes what are these sites can anyone tell me.

    ReplyDelete
  23. Sir,
    My situation is different that i am from bhopal but I had completed my article ship in new delhi. I received my stipend 1 Year (in chaque) and 2 year (in cash) because I am holding bank account of mp ,bank charged me many charges and new delhi bank refuses to open my account due to some Identification problem. I want to submit my form 108 without bank detail .can i do this ?
    Sir please suggest me what to

    ReplyDelete
  24. Sir, You exactly pointed out the main problems of CA students,
    your views & guidelines about CA is so helpful in making good Career. I have read all the blogs written by you. Sir are there any provision to CA study online and any tutor teach us
    Chartered Accountant in Gurgaon, if yes please provide me information

    ReplyDelete
  25. Hi,
    Realy this is nice blog, great information & guidelines about Chartered accountant , Tf you want to more informations Chartered accountant in Delhi.Visit at Chartered Accounta New Delhi

    ReplyDelete
  26. I have finished my articleship just 2 week before and after that I have asked my boss related to payment of paid leave but he refused on the reason of that they have paid me higher stipend as compare to institute rules ie 4000-5000-6000 ...Is this valid base for non payment of paid leave stipend to article assistant?

    ReplyDelete
  27. sir i have completed 2 years of my articleship and i applied for industrial training in a company and i got selected but i have 3 months excess leaves but i am keen on persuing my industrial training for 12 months so is there a provision that i can serve my excess period of 3 months after completing my 12 months of industrial training?

    ReplyDelete
  28. Sir, Can the principle charge an sort of fines for the purpose. 1- Coming late to office, 2- Not depositing the mobiles phones, 3- Taking leave without intimating, and for many other reasons

    ReplyDelete
  29. (Sreejith Menon)
    Sir, my problem is with allowable leaves during article. I am an outstation student and thereby probably need more leave for meeting my family, attending B.com exams, sickness etc. The Institute is not considering all these. If the total allowable leaves are strictly 156 days, then they should also give such importance to rule of 35 hours working/week which is obviously followed nowhere in India.

    ReplyDelete
  30. Dear Sir,

    Don't you feel that your article is highly skewed and unrealistic with the kind of environment audit firms are facing. Do you want to kill the profession by inculcating those sort of people who are just interested in time pass of their articleship time, and produce bad names for their principals and more over to the profession as a whole.

    I don't know from where you had picked up the unrealistic problems of personal work, low stipend, discrimination etc. I think students are smarter than the principals.

    Let me tell you sir CA training should be rigorous to save the profession from the blushes and bad name it is facing these days.

    Sorry to say but this article is useless and highly provoking for the students to do wrong things.

    Hope you to write much more practical articles so that people can connect.

    ReplyDelete
  31. Sir,
    Really,this is a nice blog.
    I am in a first year of articleship training.My problem is related with the stipend given by my CA. Actually, he makes me to do work for 60 hours in a week and he is only giving me a stipend as per the ICAI rules.Even if there is no work in a office he makes me to sit till 8:00P.M.He also makes me to do his personal work related to his family.I am not happy with the stipend he is giving and also he is not allowing to transfer the articleship training.
    Sir, pls suggest what to do...??

    ReplyDelete
  32. Thank you sir atleast one of ICAI members has raised hi voice against the miserable condition or exploitation of ca students....but i think it would be better if ICAI President .should also think in the same way..

    ReplyDelete
  33. Hello sir,
    Sir Mje b caste ki wjh se article Ni rkha gya or Jin CA k pas gya unhone apne relatives ko appoint kr lia
    Bkoj of these mra ek attempt b late ho gya
    After that kisi ki reference se mne gudgav me join kiya bt do month k bad Mje nestle r&d , manesar me as a man power bhej diya
    Jha mein 9 se 10 hours kam kr rha hu
    Even Saturday or kbi kbi Sunday ko b
    Or leave compensate b Ni kr rhe
    Mein mna b Ni kr paa rha bkoj Mje CA bnna chahta hu bt
    I can't handle this more
    I m frustrated.

    ReplyDelete
  34. Sir, i have a different problem..i have just applied for my ca final and articleship registration..i have completed one n half month.my registration procedure is not complete and i just got the news that the ca under whom i have registered is leaving the firm..I have no idea how to proceed from here onwards. I have already sent the forms, now what should i do.please guide me.

    ReplyDelete
  35. Sir why don't you share these problems with ICAI president??? Even you are not trying to answer those who have querries...

    ReplyDelete
  36. Can I terminate my CA ? Hv completed 1 yr 21 months till now bt coz of some personal reasons I want to discontinue studies for. sometime

    ReplyDelete
  37. sie iwant to take my article transfer in my 1 st year but my leave is 14 days more than the rule 1/6 how it is treated in my next working period

    ReplyDelete
    Replies
    1. your 14 days will be deducted from 156 days leave as per institute norms

      Delete
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  40. You are right sir but what can we do?
    Let's start for the better and make something diffrent....

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