FASCINATING WORLD OF CHARTERED ACCOUNTANCY PROFESSION CA Rajeev

FASCINATING WORLD OF CHARTERED ACCOUNTANCY PROFESSION CA Rajeev Sogani R Sogani & Associates 30 th September, 2014

A d e r e t r a Ch 30 th September, 2014 ! ! P O T e h t t ts a n a t n ccou CA Rajeev Sogani R Sogani & Associates 2

Businessmen and Industrialists!! KUMAR MANGALAM BIRLA Industrialist and the Chairman of the Aditya Birla Group 30 th September, 2014 T. V. Mohandas Pai Chairman of Manipal Global Education. He used to be a Member of the board of directors of Infosys CA Rajeev Sogani R Sogani & Associates 3

PRANNOY ROY Co-founder and Executive Co-chairperson of New Delhi Television (NDTV) GORGE ALEXANDER MUTHOOT Managing Director of the Muthoot Group 30 th September, 2014 CA Rajeev Sogani R Sogani & Associates 4

Politicians and Ministers PIYUSH GOYAL Member of Parliament. He is the Minister of State with Independent Charge for Power, Coal and New & Renewable Energy. K RAHMAN KHAN Member of the Indian National Congress. He was a former Union Minister of Minority Affairs and former Deputy Chairman of the Rajya Sabha 30 th September, 2014 CA Rajeev Sogani R Sogani & Associates 5

Lawyers and Investors HARISH SALVE India's leading lawyer in the areas of constitutional, commercial and taxation laws. Recently, the face of Vodafone case RAKESH JHUNWALA Investor and Trader. He is the Indian Warren Buffet. 30 th September, 2014 CA Rajeev Sogani R Sogani & Associates 6

We rule the Banks!! ADITYA PURI Managing Director of HDFC Bank DEEPAK PAREKH Chairman of HDFC and a Padma Bhushan winner 30 th September, 2014 CA Rajeev Sogani R Sogani & Associates 7

NAINA LAL KIDWAI Group General Manager and Country Head of HSBC India YEZDI HIRJI MALEGAM Chairman of National Advisory Committee on Accounting Standards, former board member of RBI and holds a position as a trustee of The Willingdon Sports Club 30 th September, 2014 CA Rajeev Sogani R Sogani & Associates 8

We are also in the Showbiz!! SHEKHAR KAPOOR Known in Bollywood for his recurring role in the TV series Khandan and his directorial debut in the film Masoom. 30 th September, 2014 CA Rajeev Sogani R Sogani & Associates 9

YOU could be the next. . . 30 th September, 2014 CA Rajeev Sogani R Sogani & Associates 10

Easy Entry!!! Pass class 10 Examination Enroll for Common Proficiency Test (CPT) 60 days elapsed after enrollment 30 th September, 2014 Appear in 10+2 Examination (March, 2015) Appear and clear CPT. (June, 2015) CA Rajeev Sogani R Sogani & Associates 11

Climb up the ladder… IPCC result (to be declared in July, 2016). Appear in Examination (May, 2016) IPCC Enroll For Integrated Professional Competence Course (IPCC) CA CPT result (to declared in July, 2015) 30 th September, 2014 be CA Rajeev Sogani R Sogani & Associates 12

It is not just about “books” Join practical training Complete the 3 year practical training Appear for final examination. (May, 2019) 30 th September, 2014 CA Rajeev Sogani R Sogani & Associates 13

You will become a CA within 4 years of passing Class 12 examination Pocket Money Package After 4 years Year 2015 Year 2019 14

Frequency of Examinations CPT IPCC FINAL üJune üMay üDecember üNovember Try never surrender, After May comes November. . 30 th September, 2014 Where there is a will, there is a way, After November comes May!! CA Rajeev Sogani R Sogani & Associates 15

CPT Syllabus – You already know this!! Fundamentals of Accounting Mercantile Laws (New subject) 30 th September, 2014 General Economics Quantitative Aptitude (Maths & Statistics) CA Rajeev Sogani R Sogani & Associates 16

Passing criteria for CPT… Minimum 30% in each section Multiple Choice Questions 30 th September, 2014 Aggregate 50% PASS Negative marking – for each wrong answer 1/4 th mark is deducted CA Rajeev Sogani R Sogani & Associates 17

CA is the toughest course… Myth or Reality? ? 30 th September, 2014 CA Rajeev Sogani R Sogani & Associates 18

For Your Information… CBSE CA 10 th 98. 76% 12 th 82. 66% 30 th September, 2014 CA Rajeev Sogani R Sogani & Associates 19

CPT- It’s just the Trailer Students June, Appeared 2014 2013 1, 30, 464 1, 13, 553 Passed % 30 th September, 2014 37, 303 28. 59% Dec, 42, 706 37. 61% CA Rajeev Sogani R Sogani & Associates 20

IPCC- Picture is not yet over Students May, Appeared 2014 2013 66, 625 62, 033 Passed % 30 th September, 2014 6, 326 9. 49% Nov, 5, 038 8. 12% CA Rajeev Sogani R Sogani & Associates 21

Final- The End. . or A New Beginning!! Students May, Nov, 2014 2013 Appeared 42, 568 32, 557 Passed % 30 th September, 2014 3, 100 7. 29% 1, 014 3. 11% CA Rajeev Sogani R Sogani & Associates 22

What is tough about CA? ? ? 30 th September, 2014 CA Rajeev Sogani R Sogani & Associates 23

Extra ordinary brilliance NECESSARY 30 th September, 2014 CA Rajeev Sogani R Sogani & Associates 24

What is necessary? ? ? Ø Hard Work Ø Analytical Mind Ø Reasoning Ø Practical Application Ø Mental Strength 30 th September, 2014 CA Rajeev Sogani R Sogani & Associates 25

The Institute Of Chartered Accountants Of India • Statutory body established on 1 st July, 1949 by an Act of Parliament. • Functions under the administrative control of the Ministry of Corporate Affairs, Government of India. • Total members as on 1 st April, 2014 are 2, 29, 146. • Total active students 7, 94, 132. 30 th September, 2014 CA Rajeev Sogani R Sogani & Associates 26

Scope - Unlimited Audit Services Corporate Law Services 30 th September, 2014 Direct Tax Services Indirect Tax Services Corporate Financial Services Assist in Mergers & Acquisitions CA Rajeev Sogani R Sogani & Associates 27

AUDIT 30 th September, 2014 CA Rajeev Sogani R Sogani & Associates 28

Ocean of Oppurtunities!!! Independent Professional Practice Opt for Industry/ Govt. Organization 30 th September, 2014 Management Consultancy Services Global Opportunities CA Rajeev Sogani R Sogani & Associates 29

Would you like to work with them? ? 30 th September, 2014 CA Rajeev Sogani R Sogani & Associates 30

Money matters • Average salary paid Rs. 7. 38 Lakhs per annum • Maximum Salary paid Rs. 21 Lakhs per annum 30 th September, 2014 CA Rajeev Sogani R Sogani & Associates 31

Boil up the ocean Reach the sky Success will touch your feet Only if you try… 30 th September, 2014 CA Rajeev Sogani R Sogani & Associates 32

Your Queries… 30 th September, 2014 CA Rajeev Sogani R Sogani & Associates 33

30 th September, 2014 CA Rajeev Sogani R Sogani & Associates 34