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A THANKFUL NOTE 1 Truth behind ICAI Truth behind ICAI First of all I am very thankful to my teachers who made me write this. My friend who made me listen to the teachers carefully. My Lappy who kept me awake till I wanted. And to the sir because he will not gotta interrupt me till I finish this.

Motivation

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Page 1: Motivation

A THANKFUL NOTE

1Truth behind

ICAITruth behind

ICAI

• First of all I am very thankful to my teachers who made me write this.

• My friend who made me listen to the teachers carefully.

• My Lappy who kept me awake till I wanted.• And to the sir because he will not gotta

interrupt me till I finish this.

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DISCLAIMER

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• As being part of CA course we blindly trust on whatever told to us. All the content used in this Presentation is real and relate to real world. The facts and figures show in this presentation truly represent something in the real world. If any one thinks that this presentation include any ambiguous or false content please let me know.

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Page 3: Motivation

TRUTH BEHIND ICAI

3Truth behind

ICAITruth behind

ICAI

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Page 4: Motivation

INDEX

4Truth behind

ICAITruth behind

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Content Pg no

Articles 5

Principals 6

ICAI 7

Article ship 8

A struggle to articleship 9-10

Reservation In CA 11-12

Article ship transfer 13

GMCS 1 14-17

Open letter to GMCS Authority 18-21

Connect with me 22

Be the Change 23

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ARTICLESWho are articles ??

• Articles are refer to the person supplied to the so called “Principal” by the ICAI for at least period of 3 years for no good Compensation. OR

• The Cheapest labor found in any corner of the world. OR

• The person having no right of being heard even if he is right.

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PRINCIPALWho is Principal ?

• Principal is refer to a person vested with a power to rule over that so called “Article”. Or

• Principal is refer to the person who get his own work done for free or at minimum rate but still get the credit for social service and ethical, moral and professional development of Article trainee. Or

• Principal is refer to the person who better knows that there is no mistake of Article but still keeps on scolding and pretending that you and only you are liable for this mistake.

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ICAIWho is ICAI ?

• ICAI is refer to a independent body set up by the act of parliament. Or

• ICAI is refer to a body who thinks the minimum amount to be paid to a article clerk is 1500 PM, whereas the minimum wages decided by the Government of India is around 5000 PM. Or

• ICAI is refer to a body who explicitly vest the whole power with the principal and still says as “ In case of any conflicts arising between the principal and article the same should be settled out by the article and principal themselves. ICAI will not indulge itself in any such case.

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ARTICLESHIP• Article ship is refer to a training period as stipulated by

ICAI for every article trainee under any Chartered accountant firm. Or

• Article ship is refer to a period of 3 year in which some of the article trainee try to pass the time and some trainees try to maximizes their potential and grab the opportunities by working hard. Or

• Article ship is refer is period of 3 year in which some principal only tries to maximizes their own goals while some others tries to focus on professional development of the article trainee.

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A STRUGGLE TO ARTICLESHIP• A struggle to articleship is my own story. Like wise all

other student who clear IPCC in first attempt with a good percentage aspires to go for articleship training in either big four or some renowned firms locally.

• I cleared my IPCC in first attempt with 65% and then with a cheerful smile on my face I went out in the market in hunt of a good articleship firm.

• I tried almost everywhere in jaipur and also in big four, but see all was in vein.

• Most of the times the firm owner either asked me for some sort reference in his firm or said he have no vacancy available.

• I tried my best to get into the best firm of jaipur, i distributed near about 80 copies of my CV in the firms.

• But fortunately I was not selected in any of the firms. Might be I was too lucky.

• Then after lot of struggle i joined a small firm that too with reference of someone.

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• Yeah, I was disappointed, but what would I had done at that time.

• Then I thought lets seek the help of ICAI.• In the month of December 2013 I wrote a letter to ICAI

president• Unfortunately I don’t have the copies of that letter to

show you but I can make you understand what I wrote into that. I wrote a 3 page letter saying that what sort of problem a article face when he enter in market in hunt of CA firm.

• I asked him that I am just like a layman in CA field and I don’t have any sort of reference thing which every one keeps on asking for extending articleship opportunity. So I requested him that please grant me permission to use your name as reference because you are the only one who know me as well as all other members also knows you.

• In month of February I got a call from Mr. E.P james, Deputy secretary, NIRC. He was the one who extended and empathy to me. Still I am very thankful to him.

• He helped me a lot to gain what I am today.10Truth behind

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• Chartered accountant is refer to a course free from any sought of reservation, quota or anything like that.

• But still we are chartered accountants if ICAI is not there to enforce all these thing we make it all ourselves.

• All chartered accountant are that good in brotherhood that they will do everything for their CA brother.

• Who are you?? Oh new in CA course, want articleship ? Have reference ??? No---- Sorry we don’t have any seats available.

26%

39%

25%

11%

ABCD

35%65%% of people from urban Area% of population form rural area

A :- Out of 65% of rural population 40% of the population have reference in some CA firms .B:- Rest of the population from 65% Struggles to get articleship in good firm even though they got good Academc background C:- Out of the population of 35 % from urban area, 70 % of the peoples easily get articleship in good firm because of their reference D:- Rest of the population from 35% also struggles to get a good articleship Firm

RESERVATION IN CA

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12Truth behind ICAI

• Let me tell you the situation of Big 4 and other good firms In the market.

• Every one wants to get into BIG 4, I also tried the same.• I tried in PWC, I forwarded my CV to HR (Simmi Grover)

for the first time, I didn’t got any response for around 15 days, Again I did the same and again for next 15 days no answer.

• Next time i forwarded my CV but with an updation, I wrote name of MR. Rajan Deshpande, Partner, Risk and Advisory services as a reference.

• Although I didn’t knew him, but by that I got a Call my PWC in a day.

• Unfortunately that was I lie so I didn’t made it.• Almost all the article In Big 4 or Good firms have some

strong reference through either partner, director, manager or Client.

• If you think you are not form them you can count yourself apart. 12

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13Truth behind ICAI

• Article ship transfer, as per the rules of ICAI, in the first year can be taken without any special approval. HAHAHA LOL.

• Let me tell you the first reaction of our CA when we ask for transfer.

• In mine case he firstly said no.• Then I forced him number of times but you know he said

no.• Then what I did was, I send a text to every CA page I was

connected to on FB. That helped me a lot. The page owner were member of ICAI, So what they did is, they consoled My principal to let me. LOOK I didn’t even Uttered a single word to my principal and my work was almost Done.

• Then the next day he called me and asked me to bring your transfer form I will sign it.

• But unfortunately he marked around 80 days as my leaves and highly dissatisfactory work as a remark.

• But fortunately I was able to change all those thing in my Form even after it was submitted in ICAI.

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GMCS 1

14Truth behind ICAI

• Let me define GMCS 1,• GMCS 1 is refer to a program conducted by ICAI for the

student who are partially or fully frustrated from their articleship life and to get them a 15 days free food, a bag, a pen, a notebook.

• GMCS 1 is refer to a program for the students who want to learn something and have the potential for the same.

• GMCS 1 is refer to a program through which some people thinks that they will get a girlfriend or boyfriend, some people think that they gotta create a impression on other by their Firm or like else.

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Something Need to be improve

• Although I am not the right person to narrate all these things, But I will forcefully do this. Reason being I heard about many of the famous persons like bill gates, Steve jobs were college dropout. And I don’t have that much of Dare to part myself from CA, So I seek help of ICAI for this.

• All these points I feel like need to be improved :- First of all my point is GMCS 1 is started in 2013 and GMCS is

started In 2003, Most of the teachers passed their CA final Exam earlier then 2003. The teachers who never went through GMCS are teaching us the GMCS.LOL

I asked a teacher named Mr. Naresh motwani that how to be a faculty in ICAI GMCS. He said all you need to do is fill a form for the GMCS and if have some sort of reference with the chairman or any managing committee you are done.

How to make your session done with less efforts :- Give a Introduction of yourself for around half an hour.. UMM I am

IIIM lucknow, did some certification form New york and BLAH BLAH….. Dude we are not Naukari.com or Monster.com why are you uploading your CV into us.Man I understand you have a lot of knowledge but that is only worth full if you could impart that useful knowledge to us……

Pick a common and basic example from your life or society. People will do anything to make you believe that they are right. One

teacher said he always wear his Dad’s wristwatch. He said His dad passed out in 2002. I looked into his watch and it was NE15855|01 realesed in 2008.

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16Truth behind ICAI

• I think first of all, all teachers must have a inter session among themselves. One teacher say you should start studying another say “Arre CA is nothing . Ese chutkiyo me Pass kar loge” Aree Kehna kya chate ho bahiyo.

• There is no correlation between the teacher’s experience and the topic given to hi,. One said He was earlier Associated with a company as Sales President and the topic he was taking for Written communication. Man You could have taught Presentation Skills better or all you want is Money irrespective of your work experience.

• Some Peoples are DAMN awesome. Topic given to Mr. Swapnil Bhandari was time management. What he Taught us Creating email folders,ICAI studying Material, CA reference Sites. Dude I think you first need to understand What Time Management is??. Although he marked me absent on that day but yeah I still miss his Double meaning Talks. Like usne dedi or mene uski le li.

• No formal Structure of Language for Communication. Mr. Anurag trivedi used Words such as “RANDAP”, “FUCK”, moreover he used that abuse too. Mr. Swapnil Bhandari– what all he did was a double meaning talks. Now I got the answer that they were not serving Industries as industries demand a highly professional Culture which was out of the reach of some People.

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17Truth behind ICAI

• Even there were some of the teachers who were like unknown about the Gestures and postures they were trying to give in relation to their word.

• A must say for Mr. Anurag trivedi----- A healthy friendship with Mr. ManisH Burad can take you through GMCS.

• I Know for this my registration might get cancel but still,,,,, all the peoples who neither got jobs or neither have a successful business have a backside job called GMCS.

• Most of the teachers do not have any specialized knowledge about the topic concerned rather they have experience of the industry. “JOKE”, “Pedestrian”

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• You all know that we need to struggle a lot for getting a GMCS batch online.

• The situation could be worst if you have some doubt and you need to ask that to some ICAI official.

• I went through that worst situation. I had some doubt for GMCS and I wanted to clarify the same.

• I came to know that the concerned person for my query is MR. Vishal.

• I tried reaching him numerous of times on Call but he didn’t use to pick a single call of mine.

• And then finally I decided to escalate the matter to high authority.

• And you know the results were extremely surprising.• Have A look of the trail mail attached.

• Complete mail------ My Blog------ [email protected]

Open Letter to GMCS Authority

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From: Shivam Yadav <[email protected]>Date: Thu, 6 Nov 2014 13:37:47 +0530Subject: GMCS QueryTo: [email protected], [email protected]: [email protected]

Dear Sir,With respect, i would like to bring in your kind notice that as being part of a renowned institute, sometimes i feel proud but sometimes i feel really disappointed.I, as being a Final student aspiring to do my GMCS from Jaipur branch of ICAI. I came to know about the concerned person for GMCS queries in jaipur is MR. Vishal Gupta. I tried reaching him number of times. Usually he don’t use to pick up his phone, but by god grace, if your luck is at peak, you may get the chance to speak to him. And if by chance he pick up the phone he will talk like i owe Million or Billion Dollars to him. If you gotta ask him "Sir Mujhe GMCS ka Batch lena h", he would probably turn your mind and say" Online dekho online" and would disconnect the phone. I faced numerous of problem numerous of time, but i was helpless. After waiting for so long time i loosed my temper and decided to do this. I on the behalf of hundreds of student, humbly request you to please don’t make us feel that we are not a Part of CA family, or we belong to some other planet. I respect each and every person of this organization.Hope i will get my solution by this.

Your faithfully,Shivam yadav

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From: Shivam Yadav <[email protected]>Sent: Tuesday, December 02, 2014 1:20 PMTo: gmcsCc: [email protected]; [email protected]; President ICAI; [email protected]; [email protected]; [email protected]; Seema Gerotra- ICAI/President's Secretariat/IP Marg/New Delhi; [email protected]; Shaleen Suneja\ICAI\VP Office\I. P. MARG NEW DELHI; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]: Loss of payscale  Dear All,I am very sorry for such irrelevant and unrelated Subject, but if I had not done it, this mail might got unread on part of you all. Again i am very sorry for using such a harsh language, but i do have a proof of the same. I sent this mail to the "MR. CHAIRMAN" of jaipur branch on 6 of Nov and see i haven't got any reply till yet.Again I am very sorry for bringing all the respected dignitaries in this. But I don't have any other option available.This is not a way of complaining about the things getting wrong with all of student, but just a humble request that i and all of the students, feel very proud to be a CA student. But as if we look the negligence of the respected members it totally make us feel disappointed........So just a humble request.........

From: [email protected] Sent: Tuesday, December 02, 2014 1:27 PMTo: [email protected]; Sanjay Kumar Goyal-ICAI \ Jaipur DCO \ JaipurSubject: Fw: Loss of payscale for information and confirm the position to the student with a copy to us.Truth behind

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FROM: SANJAY KUMAR GOYAL-ICAI \ JAIPUR DCO \ JAIPUR [MAILTO:[email protected]] SENT: TUESDAY, DECEMBER 02, 2014 1:56 PMTO: [email protected]: '[email protected]'; [email protected]: FW: LOSS OF PAYSCALE DEAR VISHAL JI, PLS SEE THE BELOW EMAIL AND CONFIRM THE POSITION TO THE STUDENT WITH A COPY TO REGIONAL OFFICE URGENTLY.

FROM: GMCS JAIPUR <[email protected]>DATE: TUE, DEC 2, 2014 AT 6:10 PMSUBJECT: RE: LOSS OF PAYSCALETO: [email protected]: [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected], [email protected]

DEAR STUDENT, THIS IS TO INFORM THAT ICAI HAS MADE GMCS COURSE ONLINE THROUGH ONLINE PORTAL HTTP://WWW.ICAIONLINEREGISTRATION.ORG/. JAIPUR BRANCH HAS ALSO STARTED THIS ONLINE REGISTRATION / BATCH ALLOTMENT COMPULSORY FROM 1ST MAY 2014 ONWARDS FOLLOWING THE GUIDELINES OF BOS, ICAI. THEREFORE, WE WISH TO INFORM YOU THAT WE AT BRANCH LEVEL DO THE BATCH FORMATION AND MAKE IT PUBLISHED ON THE ONLINE PORTAL OF BOS. ONCE WE MAKE ANY BATCH PUBLISHED / LAUNCHED, THE SAME BECOMES VISIBLE TO ALL THE REGISTERED STUDENTS FOR THE SAID COURSE AND THEY CAN APPLY FOR THE SAME THROUGH ONLINE PORTAL ONLY AS PER THEIR CHOICE AND CONVENIENCE. THUS THE BATCHES ARE ALLOTTED BY THE ONLINE PORTAL AUTOMATICALLY TO STUDENTS ON FIRST COME FIRST SERVE BASIS. THE SAME IS BEING GUIDED TO EACH AND EVERY STUDENT FROM OUR SIDE CALLING OR VISITING THE BRANCH.THEREFORE, IT IS ONCE AGAIN ADVISED TO KEEP IN TOUCH WITH ABOVE MENTIONED ONLINE PORTAL OF BOS FOR ALLOTMENT OF BATCH OF GMCS.FOR ANY FURTHER QUERY / ASSISTANCE, YOU ARE REQUESTED TO VISIT OR CONTACT THE BRANCH ON ANY WORKING DAYS BETWEEN WORKING HOURS TO MEET / SPEAK WITH THE UNDERSIGNED.   2121

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CONNECT WITH ME

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• As being part of professional world you can stay connected with through various means for your as well as mine development.

• Linkedin----Shivam-yadav/8b/b58/950• Facebook---- Jacksonshivamyadav• Gmail---- [email protected]• Youtube---- The ultimate sanki• Blog---- [email protected]

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SHIVAM YADAV

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•BE THE CHANGE

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