tag:blogger.com,1999:blog-5105599550180726935.post7310409241703892090..comments2024-02-16T02:16:34.736-08:00Comments on Chartered Accountant (CA) Designation Revealed!: 1 Year until I qualify - Is it really worth it?Unknownnoreply@blogger.comBlogger39125tag:blogger.com,1999:blog-5105599550180726935.post-61709248002724769442021-01-18T00:43:17.937-08:002021-01-18T00:43:17.937-08:00Pretty good post. I just stumbled upon your blog a...Pretty good post. I just stumbled upon your blog and wanted to say that I have really enjoyed reading your blog posts. Any way I'll be subscribing to your feed and I hope you post again soon. Big thanks for the useful info. <a href="https://taxtwerk.com/how-much-does-quickbooks-accountant-online-cost/" rel="nofollow">quickbooks accountant cost online</a><br />jackhttps://www.blogger.com/profile/18117104104298079460noreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-25353480490747316182016-08-06T05:45:37.225-07:002016-08-06T05:45:37.225-07:00In a lot of the comments here, people have said th...In a lot of the comments here, people have said that you should continue doing CA as a back up. But what I'd like to know is that if you really don't want to work in anything CA related what's the point of having this back up. Doesn't it just mean that your back up going to be doing something you dislike?Anonymoushttps://www.blogger.com/profile/00449982250277664457noreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-41392587060805498012014-09-11T21:45:31.945-07:002014-09-11T21:45:31.945-07:00Hey wow! Not sure if you've qualified or left ...Hey wow! Not sure if you've qualified or left by now, but I had the same struggle this year.. the CA does a wonderful job of marketing towards students like us. <br /><br />I just wanted to say through the struggles I had this year - life is short; it's not worth doing anything that doesn't make you happy. What are you going to do with money and status at the end of your life anyways? <br /><br />All the bestAnonymoushttps://www.blogger.com/profile/07371310800815271594noreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-26878542746792747572014-04-05T08:43:22.041-07:002014-04-05T08:43:22.041-07:00and maybe you shouldn't, or you will become an...and maybe you shouldn't, or you will become an opinion whore like this person.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-22726225637182407222013-06-04T22:21:35.713-07:002013-06-04T22:21:35.713-07:00Hello! I just would like to give a huge thumbs up ...Hello! I just would like to give a huge thumbs up for the nice data you’ve gotten right here on <br />this post. I will probably be coming back to your blog for <br />extra soon.<br /><br />Also visit my web blog ... <a href="http://wiki.sascha-stettler.ch/index.php?title=Benutzer:ArethaStr" rel="nofollow">before i die kindle</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-87666847628652338442013-06-02T10:44:09.910-07:002013-06-02T10:44:09.910-07:00See - this is why you should get out of accounting...See - this is why you should get out of accounting - people in accounting become rude and jaded like this personAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-14630856633666283722013-05-19T13:22:29.110-07:002013-05-19T13:22:29.110-07:00I enjoy what you guys are usually up too. This sor...I enjoy what you guys are usually up too. This sort of clever work and <br />coverage! Keep up the wonderful works guys I've you guys to blogroll.<br /><br />Here is my blog post: <a href="http://bracarae.com/wiki/index.php?title=CCcamservers_Glossary_language_the_basic_fundamentals" rel="nofollow">cardshare Servers</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-28005473705494908002013-05-14T00:57:52.178-07:002013-05-14T00:57:52.178-07:00I'm actually interested in acquiring a degree ...I'm actually interested in acquiring a degree to have an <a href="http://www.earnmydegree.com/online-education/learning-center/accounting-careers.html" rel="nofollow">accountant career</a> anytime soon. Do you offer online schooling too<br />Annehttps://www.blogger.com/profile/16378020855609310429noreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-22354120150952444772013-05-14T00:57:03.646-07:002013-05-14T00:57:03.646-07:00This comment has been removed by the author.Annehttps://www.blogger.com/profile/16378020855609310429noreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-65531143793539022172013-05-06T17:14:28.781-07:002013-05-06T17:14:28.781-07:00This comment has been removed by the author.Markyhttps://www.blogger.com/profile/04985906534175675896noreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-19070512321442258262011-08-15T06:07:34.149-07:002011-08-15T06:07:34.149-07:00To the person that posted the above comment about ...To the person that posted the above comment about law, are you saying that you think becomming a corporate lawyer is worth it... I was wondering if you ever come in contact with people who have a ca-cbv, cma-cbv or cga-cbv?? and how attractive is the cbv designation.. rather which combination would be the best?Traceyhttps://www.blogger.com/profile/03338750615179839933noreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-81824007121951447912011-04-05T22:51:32.995-07:002011-04-05T22:51:32.995-07:00Over the past few months i feel that the blog owne...Over the past few months i feel that the blog owners have given up on posting here. Unlike previous years where there were usually 3-4 postings per month, it appears there are hardly any posts. It is unfortunate to see since i really liked this blog. Guess i will need to go somewhere else now.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-43931811859383079542011-03-27T08:45:56.085-07:002011-03-27T08:45:56.085-07:00and last attempt at the second part:
(2) Realize ...and last attempt at the second part:<br /><br />(2) Realize that the crux of the message was to demonstrate how one could round out a skill set that is very marketable that will enable you to have much more selection in where you take your career. A lot of these associates stick around at their firms for 2-4 years, like in the Big 4, to get the experience and then move on. In the scenario depicted in the earlier post, the jist was to set up one's self to open an incredible number of doors. The finance doors open up well with that skill set, because you would have gotten exposure to the quantitative aspects of a deal, plus the experience of how to run a deal. I give the finance example because it seems a rather large number of CAs, some of which have posted on this board, are interested in that field, but similar options are easily crafted for industry via in-house. It is sad to see so much emphasis on the money, when fulfillment from you career is an incredibly important factor that often gets overlooked. <br /><br />(3) It is rather unfortunate to see so many people being blindsided by the marketing efforts promoting the CA designation these days. It is promoting a track which is not all that it is hyped up to be, and can cause an influx of supply and negative economic implications for the profession in the medium term future. The post above was meant to suggest that instead of jumping on the band wagon, whether it be CA, CMA, or CGA, explore a set of skills and options that excite you, motivate you and are enabling in terms of career options, rather than follow the crowd. This is not to bash on any of the three designations, as they are all respectible, and can be a part of the early years of the scenario depicted in the prior post. If you enjoy pure accounting and want to work in industry, more power to you. If you realize that is what you want and it will make you happy at the end of the day, go after it 100%. My post was reflective of the general sentiment that many seem to have on this blog across discussion topics that they are in this CA program to get in and get out. That is to say, they aren't happy with the work but are sticking it out to get to something else. My point is, if you are going to "stick it out", which is necessary in any industry really, be aware of the exit opportunities, and know what the opportunity costs are. For many on this blog it seems, given the end goal of some, they may be able to get to those career paths through more economically efficient, and intellectually diverse backgrounds (that can include accounting...i opted for finance), where they can have even more substantive interactions with professionals on a daily basis on their way to their end goals. I say do it smart, rather than go with the crowd.<br /><br />I say this as a corporate lawyer and prior finance experience, with a significant other in the Big 4. We both knew what motivated us and have crafted ways to get there. But many on this board seem to be focused on money or swayed by marketing, or both. The business world is far too diverse to reduce to arbitrary debates about which is better (CA, CMA, CGA), so make well-informed decisions. <br /><br />I addressed the compensation remark, and tried to elaborate more clearly my original point. If anyone has more qualms with my thoughts, please share. I will gladly respond (in a civilized manner) either by clarifying/refuting a qualm with substantiated facts or accept a point I have not considered. But please make justified comments.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-60491695242317662182011-03-27T08:01:01.629-07:002011-03-27T08:01:01.629-07:00Last attempt to try to paste here:
Please make ...Last attempt to try to paste here: <br /><br />Please make a few distinctions here. <br /><br />(1) Compare apples to apples. Working at a Big 4 accounting firm or the like should be compared with working at a top Bay Street or Wall Street law firm. It is very easy to make your claim when you compare the high end or even average part of the spectrum in one profession with the low end of another. For example, a first year associate at a top Bay Street law firm will make approximately $90,000 to $110,000 (Stikeman and Davies Ward salaries respectively), and $85,000 for their 10 month articling period. This excludes bonuses. A wall street law firm, starting salary is $160,000, market rate (the term market rate is in reference to wall street market rate, not somewhere in Kansas or something). And those salaries move upwards quickly. Example - 4th year associate in NYC will make $225,000. If you don't believe these figures, just go on any website like vault or abovethelaw and you will find this data publically available. Bonuses move up quick as well. Currently, they are at $15,000 for 1st years, but back in 2007 they were around $35,000, market rate bonuses. Figures are a bit lower for Canadian firms, but they tend to catch up by around 5th to 7th year.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-64375193420272182502011-03-27T07:58:34.093-07:002011-03-27T07:58:34.093-07:00Sorry all - but it seems that the blog will not le...Sorry all - but it seems that the blog will not let me paste my comments from the other discussion that I originally posted on. If you go to this link: http://www.iwanttobeaca.com/2009/04/ca-cma-or-cga-designation.html?commentPage=12<br /><br />you will see the 3 point message I intended to copy here. Apologies for any inconvenience. When I pasted the posts here, they posted for a few seconds and then were deleted. My guess is it is some sort of anti-spam feature of so. <br /><br />Cheers.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-66594421589481773332011-03-27T07:49:22.069-07:002011-03-27T07:49:22.069-07:00P.S. Regardless of your designation or career fiel...P.S. Regardless of your designation or career field, you will only get out of it, what you put into it. I made that assumption in my earlier comments, but realize it needs to be stated explicitly here. With that in mind, again, I say be strategic and thorough such that you can adapt and challenge yourself in a wide range of business careers, such that you can pursue what you want to pursue, rather than be viewed as "an auditor" or a "analyst or manager in industry" or "tax guy" simply by being boxed in by the industry dynamics of a path you chose. You should dictate your path, not the dynamics of your training program, designation, seniors or marketers (I still am surprised by the level of blatant marketing for the CA, and to a lesser extent, CMA...it is just not something you see with a CFA, let alone JD or MD).<br /><br />These comments were made on a debate on whether to pursue the CA/CMA/CGA designation, hence some of the comments above. I found it particularly relevant to share these thoughts here, after the last few discussion topics on (1) career changes, (2)whether the CA is worth it, and (3) the inside scoop with a former KPMG partner. Welcome all feedback.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-58778521127123133102011-03-27T07:46:14.140-07:002011-03-27T07:46:14.140-07:00Sorry, the above comment was posted on another dis...Sorry, the above comment was posted on another discussion and I found it to be particularly relevant here. Note that the scenario described is not meant to be THE route for people, but rather, a route that one could consider. More importantly, it describes certain issues and how to consider decision making. The belows posts, which are related to the above post, hash out the details. <br /><br />In the first bullet point below, someone made a comment about how lawyers make less than accountants and its not "all it is cracked up to be". That point is meant to specifically address that individual's comment. See below.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-69656385596169329282011-03-27T07:43:28.188-07:002011-03-27T07:43:28.188-07:00Go into finance (or accounting) and get some tangi...Go into finance (or accounting) and get some tangible experience, whatever the route. Then go to law school and practice corporate law so you can build some client relationships and solidify the basic skills of a lawyer. Leverage both and and move either in-house or into high finance (PE, HF, IB). You'll constantly be learning throughout the process, earning some money at various points in the process (except for the law school investment which you can recover after graduation if you get in a top firm). If you know how to leverage that diverse set of skills, you will be valuable at the management level and really get into strategic decision making roles. After some time, you can move out of the legal role, if you want a more mainstream business role, and you will have both made substantive contacts (as opposed to tangental or arm's length interactions) and seen a diverse set of business issues. Plus, you won't get abused like a CA-student; you will have to work hard (likely much harder) but you'll be compensated throughout the process better and remedy a lot of the complaints typically raised on this blog (bored, frustration with public accounting hierarchy, marketability, compensation, etc.). If you play your cards right, long run you could have a decent work life balance too, depending on your exit opportunities after the corporate law role, or some time not too long thereafter.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-22371666212859148532011-03-15T11:00:33.057-07:002011-03-15T11:00:33.057-07:00^
Funny question. You're asking people who hav...^<br />Funny question. You're asking people who have already obtained their CAs... since they have already put audit hell behind them, why would they regret not doing CMA/CGA??Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-58257520331013412052011-03-04T09:49:24.652-08:002011-03-04T09:49:24.652-08:00Have any of you regretted not doing CMA or CGA ins...Have any of you regretted not doing CMA or CGA instead of CA?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-73741741500323570872011-03-03T21:35:05.357-08:002011-03-03T21:35:05.357-08:00^ Yes I would. By last year in uni, I'd have a...^ Yes I would. By last year in uni, I'd have already completed most if not all of my CA courses... giving up at that point would be a giant waste.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-43465865147892535542011-03-03T00:42:33.685-08:002011-03-03T00:42:33.685-08:00I have a question for you fellow posters, if you c...I have a question for you fellow posters, if you could turn back time to lets say your last year in university. Would you still continue down this path? I am just curiousAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-75906763314593572942011-02-23T21:35:14.914-08:002011-02-23T21:35:14.914-08:00^ Hear hear... I agree with you bro. And that'...^ Hear hear... I agree with you bro. And that's exactly my plan.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-45740026446700650892011-02-23T21:18:03.880-08:002011-02-23T21:18:03.880-08:00Stay with your dream but get the hell out of the f...Stay with your dream but get the hell out of the firm you work for... do you actually want a good paying 'job'? A job is a treadmill. Get your CA and work for yourself - it doesn't have to be public accounting - or accounting - but get your CA. I got mine in 1993. A job... what a crazy mindset.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5105599550180726935.post-48828233840790702882011-02-14T21:51:33.122-08:002011-02-14T21:51:33.122-08:00^
Auditing is what's depressing here, not acco...^<br />Auditing is what's depressing here, not accounting. Get with the program, freshman.Anonymousnoreply@blogger.com