THE MYTH OF IMPOSSIBILITY ABOUT CHARTERED ACCOUNTANCY

It is a very well established myth in Pakistan that choosing chartered accountancy as a career is foolish because it is too difficult to pass. I can assure you that it is nothing more than a fairy tale. CA is a very professional certification and needs hard work, smart and regular study to pass it but it is not some thing un-achievable.

It is also a fact some students badly get stuck in it. But those who are stuck are usually in the CA final stage and not during the intermediate. There are many reasons for that:

FIRST: Students hear so much from people around them about CA being very difficult that by the time they pass CA Inter, they consider it the achievement of a great milestone. This satisfaction coupled with some other factors makes the student very lazy and not interested in study.

SECOND: Article-ship is the beginning of professional life for a student. He hears so much about it being fascinating that reaching there seems to be the ultimate goal. They go on clients where they are treated as if they are completely qualified auditors. This makes them feel that they have reached final stage and further struggle is not required.

THREE: Students see many of their seniors, who leave the firm and successfully find  very good jobs just on the basis of their CA Inter and completed article-ship. This makes them feel relaxed that no problem if I am not able to complete it, still I will find a good job and earn a good living.

FOUR: They have to work like a full time employee and some time even have to spend over time to complete deadline jobs. Initially when they come to the firm as a fresh trainee, they are quite enthusiastic and want to show their full potential to their new co-workers. In doing so they neglect their studies.

FIVE: Once an individual starts a job and becomes professional, it is very difficult to make up ones mind for study. In such a situation one completely ignores study and gives all his attention to job.

SIX: Since a trainee is like an employee for the audit firm, the audit firm cares very little about their trainees completing their CA qualification. There is no practice of appreciating students to engage in their studies rather they do the opposite. Their attitude is more like that of the general employer and studies seems waste of time and their profits for them, so they emphasize more on work than studies. 

NOTE: THE ABOVE IS MY PERSONAL OPINION. PLEASE COMMENT IF YOU WANT TO SHARE ANY OTHER REASON.