CA PIYUSH GOYAL:CA Rank Holder & Power of the Nation(Power Minister)

CA PIYUSH GOYAL:CA Rank Holder & Power of the Nation(Power Minister)

One of the leading representatives of accountancy profession in public life, the Minister of State for Power, Coal and New & Renewable Energy (Independent Charge) CA. Piyush Goyal, 49, is Member of Parliament from Maharashtra (Rajya Sabha). A rankholder Chartered Accountant and Law Graduate, he had secured 2nd rank in his CA Final examination and 2nd rank in LL.B examination of Mumbai University. A well-known businessman, management & strategic consultant and social worker, he has
actively been involved with several trade and industry associations and social organisations across the country. To Indian accountancy profession, CA. Piyush Goyal has been a dependable friend, philosopher and guide. The ICAI takes pride in the fact he is the only other Chartered Accountant alongwith CA. Suresh Prabhu in the Union Council of Ministers. A dynamic, dedicated and determined man of good governance,
CA. Piyush Goyal is guided by the principle of Sabka Saath, Sabka Vikas (Collective efforts, inclusive growth). His mantra for functioning is ‘Minimum Government, Maximum Governance’. A firm believer in the philosophy of Antyodaya or reaching the very last person in the queue, CA. Piyush Goyal is known for proven ability to deliver results. His promise is to build a nation that is strong, prosperous and inclusive, where each and every Indian can realise his/her hopes and aspirations, particularly with 24×7 powersupply by 2020.

Piyus Goyal

He is steering a major turnaround in both power as well as the coal sector by making them “policy-driven” and “process-driven” to ensure a more effective and efficient delivery of public services with total transparency. Commendably, under his brief stint at the helm of affairs, the nation has already seen remarkable improvement in fuel supply. Coal production is up 8.4%. Coal to power plants is up nearly 10%.

CA. Piyush Goyal has been pivotal in two flagship schemes of the Government—the Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY) and Integrated Power Development Scheme (IPDS). These schemes are focusing on feeder segregation in rural areas, proper metering of usage and strengthening sub-transmission & distribution infrastructure including replacement of suboptimal and burnt out transformers, besides ensuring that the farmers, the rural homes and small-scale industries receive adequate power. Encouraged by him, companies under the Power, Coal and New & Renewable Energy Ministries have undertaken a massive programme as part of their corporate social responsibility (CSR) to
set up over 100,000 toilets all over the country. The ICAI is also getting associated with this programme.
Belonging to an illustrious family, with his father late Shri Ved Prakash Goyal being former Union Minister of Shipping and National Treasurer of a national political party for over two decades and his mother Smt. Chandrakanta Goyal being three times MLA from Matunga, Mumbai (1990 to 2004), CA. Piyush Goyal has been politically active since 1984. CA. Goyal has participated in Leadership Programmes at Yale University (2011), Oxford University (2012) and Princeton University (2013). He did his schooling from Don Bosco High School, Matunga (Mumbai). “I am really proud to be a Chartered Accountant. I recall my own experience of 1988, when I had the privilege to receive an award of merit from the ICAI for achieving the second rank in CA Final examinations. I remember receiving a lot of encouragement and guidance from the ICAI for my professional career ahead. Till date, that experience remains one of the most glorious moments of my life. I will always treasure those moments,” said CA. Piyush Goyal as Chief Guest at 65th Annual Function of the ICAI.
He was instrumental in the important role of ‘Minister in Waiting’ for the US President Barack Obama’s visit to India in 2015 on the occasion of India’s Republic Day celebrations. Minister in Waiting plays a very important role in establishing good bilateral relations between the two nations in question.
A strong proponent of switch-over from cash based to accrual system of accounting, he had flagged this issue in his speech in Parliament in 2012. He has offered all his help to the ICAI in its endeavours to put in place and promote accrual system of accounting in India. Earlier in the capacity of investment banker, he has advised top corporates and management strategy. He has also served on the Board of India’s largest bank, the State Bank of India besides Bank of Baroda. Having been an active member of the Managing Committee of Indian Merchants Chamber, he has been actively involved with non-government organisations in diverse areas, including welfare and education of Scheduled Tribes and physically challenged. A known orator, he has delivered lectures on banking, finance and commerce in various programmes across the world, including those organised by the ICAI. The nation, including the accountancy profession in India, has high expectations from him. Particularly, the ICAI pledges it
proactive support to CA. Piyush Goyal in all his progressive efforts with respect to ensuring good governance, reforms, ease of doing business, financial discipline and economic growth

This article was originally published in ICAI Journal, July Edition

Thanks for reading from here !!!

CA is not toughest course but it is course for tough people.


CA is not toughest course but it is course for tough people.

“ATTEMPTS”…”AGGREGATE LOCHA”…”40 nai hua yar”…..all this are some of the common phenomenal ,which one can expect from chartered accountant student, on day of result. Every year more than 90% of exam takers couldn’t make it out. Some of them give up, some fight like avengers and succeed in avenging ICAI(INSTITUTE OF CHARTER ACCOUNTANT OF INDIA).

It is story of profession, which can be denominated as FAILURE GENERATING MACHINE. Where is doesn’t matter whether you are HSC ranker, University Ranker or omniscient Schola here everyone get their 1st “KICK” of life, regarded as ‘ATTEMPT’.

Generally CHARTERED ACCOUNTANCY- regarded as apotheosis degree in commerce field. Most of the HSC pass out join CA very resolutely, but their boat sink in mid sea, Leaving them without any option. After spending 3 or 4 crucial years of academically crucial years, they realized “CA” is not their cup of tea. Most of them left the journey. Only few staunch students keep on fighting. Out of them few real intransient exam takers take leap of respite when they clear examination and Finally get(MOST AWAITED) 5 digit member-ship number from ICAI or name in members diary.

Every year with its austerity in result, “institute of chartered accountants of india” tries to maintain balance of chartered accountants in the country. It can be easily infer from past few years’ result data. Let’s analyse step by step. With introduction of CPT, batch of November 2006 yield  66.42% result  while the same was 10.30% in February 2010 attempt. From last five to six attempts institute somehow manage to give 15% to 30% result in CPT.  Moving further, after clearing CPT, next 9 month of penance come with real introduction of unwonted definition of “CA”. where candidates get acquainted with real content of course. They bear it and face the exam. Out of this hardly 10% meet the ends. What with rest…??? NIX.. Just that usual vicious cycle of attempt. If we consider past result of intermediate level, data is really astonishing. In June 2009 PE-2 attempt give just 0.25% results. (Can you imagine out of 400 candidate just one clear intermediate exam.) But in its Blooming day ICAI reach at 25% also. So ICAI play game between ranges of 0.25% to 25% as its discretion. But real tragedy begins now.(picture abi baki hai wala dialogue suits here perfectly). Bang in final. All candidates reach at this level after transgressing many obstacles. After 3 year’s real peanance(articleship), they appear in CA FINAL. But Heinousness of ICAI really begins here. After giving more than 15% result in consistent 6 attempts, result stumbled down to 3% in November 2013 attempt. Since then range fluctuate between 3% to 8%. So, ICAI always gives opportunity, to 8 % student to upload FB status For thanking various people and ALL REST 92%, opportunity to upload “I WILL BECOME CA NOT IMMEDIATELY BUT DEFINITELY.”



Disclaimer : This article was originally uploaded on Caclubindia 

Degree issued to India’s First CA : CA Gopaldas Padamsey Kapadia

Degree issued to India’s First CA : CA Gopaldas Padamsey Kapadia

So in the series of some interesting posts we brings you the copy of the Degree issued to India’s First CA i.e  CA Gopaldas Padamsey Kapadia in 1949 . Many of our community members asked this question that who is the India’s First CA , So we brings the answer to your question with the Proof ( Copy of his degree certificate )

Also see –

So must share it with your friends 🙂

Degree issued to India's First CA : CA Gopaldas Padamsey Kapadia
Degree issued to India’s First CA : CA Gopaldas Padamsey Kapadia

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Top 10 Scams in India You must Know About

Top 10 Scams in India You must Know About


Hello CA Rockstars, Being finance and accounting professionals we all should know about the following facts. It is about Top 10 Scams in India You must Know About, that has affected the Indian economy.

Must Read and share…..

1) Indian Coal Allocation Scam -Year: 2012 -Size: Rs. 1.86L Crore

This scam is in regards to Indian Government’s allocation of nation’s coal deposit to PSU’s and private companies. The scam happened under Manmohan Singh government and came out in 2012. The basic premise of this scam was that wrongful allocation of Coal deposits by Government without resorting to competitive bidding, which would have made huge amounts to the Government (to tune of 1.86 Lakh crore).

2) 2G Spectrum Scam -Year: 2008 -Size: Rs. 1.76 L Crore

It involved the process of allocating unified access service licenses. At the heart of this Rs.1.76-lakh crore worth of scam is the former Telecom minister A Raja – who according to the CAG, has evaded norms at every level as he carried out the dubious 2G license awards in 2008 at a throw-away price which were pegged at 2001 prices. In some respects, this remains the biggest scam in India if you consider the inflation. The 2G spectrum allocation happened 5 years earlier than Coal Scam which came out in 2012. The cases are still going on against many people including A. Raja, M. K. Kanimozhi and many telecommunication companies as well.

3) Wakf Board Land Scam -Year: 2012 -Size: Rs. 1.5-2L Crore

In March of 2012, Anwar Maniapddy, the chairman of Karnataka State Minorities Commission submitted a sensational report which alleged 27,000 acres of land, which was controlled by Karnataka Wakf Board had been allocated illegally or misappropriated. The value of land which was misappropriated was in tune of 1.5 to 2 lakh crore rupees. The land managed by Wakf board, a Muslim charitable trust, is typically donated to under-privileged and poor people of Muslim community. However, the report alleged that nearly 50 percent of the land owned by Wakf board was misappropriated by Politicians and Board members in conjunction with real estate mafia at fraction of actual land cost.

4) Commonwealth Games Scam -Year: 2010 -Size: Rs. 70,000 Crore

Another feather in the cap of Indian scandal list is Commonwealth Games loot. It is estimated that out of Rs. 70000 crore spent on the Games, only half the said amount was spent on Indian sportspersons. The Central Vigilance Commission, involved in probing the alleged corruption in various Commonwealth Games-related projects, has found discrepancies in tenders – like payment to non-existent parties, will-ful delays in execution of contracts, over-inflated price and bungling in purchase of equipment through tendering – and misappropriation of funds.

5) Telgi Scam -Year: 2002 – Size: Rs. 20,000 Crore

Abdul Karim Telgi had mastered the art of forgery in printing duplicate stamp papers and sold them to banks and other institutions. The tentacles of the fake stamp and stamp paper case had penetrated 12 states and was estimated at a whooping Rs. 20000 crore plus. The Telgi clearly had a lot of support from government departments that were responsible for the production and sale of high security stamps.

Scams In India

6) Satyam Scam -Year: 2009 – Size: Rs. 14,000 Crore

Satyam is the biggest fraud in the corporate history to the tune of Rs. 14000 crore. The company’s disgraced former chairman Ramalinga Raju kept everyone in the dark for a decade by fudging the books of accounts for several years and inflating revenues and profit figures of Satyam. Finally, the company was taken over by the Tech Mahindra which has done wonderfully well to revive the brand Satyam.


7) Bofors Scam -Year: 1980s & 90s -Size: Rs. 100 to 200 Crore

The Bofors scam was a major corruption scandal in India in the 1980s; when the then PM Rajiv Gandhi and several others including a powerful NRI family named the Hindujas, were accused of receiving kickbacks from Bofors AB for winning a bid to supply India’s 155 mm field howitzer. The Swedish State Radio had broadcast a startling report about an undercover operation carried out by Bofors, Sweden’s biggest arms manufacturer, whereby $16 million were allegedly paid to members of PM Rajiv Gandhi’s Congress. Most of all, the Bofors scam had a strong emotional appeal because it was a scam related to the defense services and India’s security interests.

8) The Fodder Scam -Year: 1990s -Size: Rs. 1,000 Crore

Known as Bihar’s fodder scam of 1996, also recognized by the name of “Chara Ghotala,” as it is popularly known in the vernacular language. In this corruption scandal worth Rs.1000 crore, an unholy nexus was traced involved in fabrication of “vast herds of fictitious livestock” for which fodder, medicine and animal husbandry equipment was supposedly procured.

9) The Hawala Scandal -Year: 1990-91 – Size: Rs. 100 Crore

It involved payments allegedly received by country’s leading politicians through hawala brokers. From the list of those accused also included Lal Krishna Advani who was then the Leader of Opposition. Thus, for the first time in Indian politics, it gave a feeling of open loot all around the public, involving all the major political players being accused of having accepted bribes and also alleged connections about payments being channeled to Hizbul Mujahedeen militants in Kashmir.


10) Harshad Mehta & Ketan Parekh Stock Market Scam -Year: 1992 -Size: Rs. 5000 Crore (Combined) Although not corruption scams, these have affected many people. There is no way that the investor community could forget the unfortunate Rs. 4000 crore Harshad Mehta scam and over Rs. 1000 crore Ketan Parekh scam which eroded the shareholders wealth in form of big market jolt.



Journey of a CA Student – CPT to CA

Journey of a CA Students – CPT to CA 

“It was like some other day after 12th class, when you went to ICAI with your friends or parents to submit/buy your CPT form & then you got your CPT Modules from there & thereafter you start taking baby steps towards your goal.

beginning from CPT Coaching, back to back classes and then exam in two installments.
Most of us cleared in 1-2 attempt, and then we enter to IPCC, where we get to know what all the Income tax, company law etc says.
Managing our own finance from metro fares, tuition fees, canteen bills etc we learn Financial management somehow.
& later on checking the service tax, VAT on bills of restaurants, remind us about tax class’ concepts 😀
Real hurdle starts after clearing IPCC, when we need to join a CA firm which can give us good exposure of work, preparing CV, Giving interviews, trying for top 25 firms, etc etc. It shows us the reality of outside world 🙂
Once we start articleship, then it is like imprisonment for first 3-4 months, after that we get habitual of office, learning new work, new taxes, practical approach of all theoretical things gives us a new direction to proceed.
& the Hardwork starts when we join morning classes, wake up at 4.30 a.m , attend long classes, go to office, Hectic work and then some personal life in evening for 1-2 hours.
It all seems so boring sometimes, we feel down in life, and then we realise, “those who sturggle while practice, don’t bleed in war”, better you give in your training, higher would be you knowledge 🙂
After that exam leaves and this is the time when we give our life’s best and get our degrees later (few clear in single shot, rest gradually)
A very good luck to all my professional colleagues for their bright future with the respected profession 🙂 :)”
Written by :- Hitesh Arora 
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If you also have some articles to share .. then do mail us at, we will post them with your name 🙂
and you can also join us on the board as a staff writer

Why CA Day is celebrated on 1st July : Rise of Avengers

Why CA Day is celebrated on 1st July : Rise of Avengers  of Professional World

CA Day: Rise of Avengers of Professional World As our nation got independence from the colonial rule, a vibrant wave of nation building swept the entire country. While plans to revive the economy were being drafted, accounting and finance professionals were conspicuous by their absence. With the aim to fill this void of professionals in the country, ICAI was founded on 1st of July in 1949. As ICAI was founded on 1st of July 1949 the entire fraternity observes this day as CA day every year. It’s interesting to know that Doctors day also falls on the same day.


CA Day


History Behind Chartered Accountants 

Earlier Government of India used to maintain a register known as Register of Accountants. Any person whose name was entered in such register would be called as Registered Accountant. After few years a board called the Indian Accountancy Board (IAB) was established to advise the Governor General of India on accountancy and the qualifications for auditors. However it was felt that the accountancy profession was largely unregulated and need to be regularised, and this caused lots of confusion as regards the qualifications of auditors. Hence in the year 1948, just after our nation got independence from the colonial, an expert Committee was created to look into this matter. This Expert Committee strongly recommended that a separate autonomous association of accountants should be formed to regulate the profession. The Government of India accepted the report and passed the Chartered Accountants Act in 1949 even before India became a republic. Under section 3 of the said Act, ICAI is established as a body corporate with perpetual succession and a Common Seal. And in this way ICAI, the nurturer and caretaker of the finest professionals came into existence.


PM Narendra Modi's Wishes on CA DAY 2014
PM Narendra Modi’s Wishes on CA DAY 2014

Hope you got ample idea from this article about significance of Chartered Accountant Day and answer to your question that why CA Day is celebrated on 1st July .

Do share Knowledge with your friends and comment your wishes below on CA Day 2015 .


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Famous Chartered Accountant : T.V Mohandas Pai

Famous Chartered Accountant : T.V Mohandas Pai

Hello! Here we have come up with one more celebrated Chartered Accountant…
T.V Mohandas Pai is the chairman of Manipal Global Education. He used to be a member of board of directors of Infosys… Let us know something more about him..
Pai was born in Bangalore in a lower middle-class family; his mother was a school teacher and his father was raised in an orphanage.
As a child he was ffascinated by books and continues to be a voracious reader-”name me a book and chances are I would have read it” says mr. Pai. He is a graduate from st. Joseph’s college B’lore.. He did his CA and law together; ”I wanted to be independent. I don’t want to work for anybody, i was a rebel” Mr. Pai remarks.


T.V Mohandas pai
T.V Mohandas pai

So, how did mr. Pai get into Infosys…? Well the answer to this question lies in this article…
In 1992, he had bought around 1500-2000, shares at Rs. 85 each, since his friend who handled the Infosys’ IPO suggested him to buy some shares..
Later he attended the investors conference held by the company, before the IPO along with his friend. Mr. Narayan Murthy and Mr. Nandan Nilekani (co-founders of Infosys) were making presentations and Mr. Pai told his friend to ask a lot of questions on the prospectus. Mr. Pai says., ”Those days i had a collection of 3000 reports; i used to have annual reports for breakfast, would go to the AGM’s and ask a lot of questions. I was a bit of a shareholder activist”.
Mr. Pai asked the 6 founders ”why are you paying yourself so little?, you should pay yourself more, you’re making good money and you should respect talent”.
After that mr. Pai got in touch with mr. Nilekani & and subsequent analyst meets he asked questions like ”why Infosys was holding so much cash?”
in 1993 december mr. Nilekani asked him to join Infosys. Mr. Pai replied ”i’ll join only if you give me a senior position, but not as an employee, only a consultant’.
Mr. Nilekani accepted the counter offer. At Infosys mr. Pai worked on several projects like private placements, ESOP’s , annual reports and so on.
In 1995, mr. Pai joined as vice president, finance. Then he moved to HR in 2005.
As CFO, he played a strategic role in transforming Infosys into one of the world’s most respected and widely known software companies. The Infosys annual reports, under his supervision, won the top awards consistently from the ICAI and from the south Asian federation of accountants.
He was voted ‘CFO of the year in 2001 by IMA India, he also won the ‘best CFO in India’ award from Finance Asia in 2002. Mr. Pai is also a member of the board of SEBI.
Mr. Pai has keen interest in improving literacy across the country, mainly primary education. The mid day meal scheme feeds over 12 lakh children across 7 states in India. He has made substantial contribution to this program…

Written By :-  Gautami Paruleker ( CO – Admin CA Rockstars )

CA Rockstars salute mr. Pai.. He is indeed an amazing personality.
Must share if you like it 🙂


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Famous Chartered Accountant : Mr.Radhe Shyam Agarwal

Famous Chartered Accountant : Mr.Radhe Shyam Agarwal

Once a CA left his job, sold his products on hand-pulled rickshaw and is now among the 100 richest Indians!

Although it seems to be a script of Bollywood movie, but this is the real life story of Mr.Radhe Shyam Agarwal.

A Chartered Accountant and a Company Secretary, Mr. Agarwal graduated from St.Xavier’s College, and also holds an LLB from Calcutta University.

In 1970, he joined the renowned Aditya Birla Group as Vice President. But within four years, he left his cushy job and decided to follow the torturous trail of entrepreneurship.

In 1974, Mr. Agarwal and his childhood friend R.S. Goenka, borrowed a seed capital of Rs. Twenty Thousand, and incorporated a company. The company was meant to deal in Ayurvedic medicines and cosmetics under the brand name of Emami.
The intial days were tougher then they appeared. The capital base of Emami was small, angle investing was an non existing concept, and the entire cosmetic market was dominated by multinationals. Due to the lack of working capital, the early founders used to sell products from one shop to another on hand-pulled rickshaws.

The finacial astuteness came handy in 1978, when he decided to take over a century old business of Himani Ltd, a privately owned company. Himani Ltd had an established goodwill in the West Bengal, but was in financial trouble. Inspite of being a company with a small capital base, the acquisition was carried out, and later it became the turning point in the Mr. Agarwal’s story. Himani was restored to profit and the debt taken for the deal was paid off within two years. A decade later an antiseptic cream, named Boroplus was launched. It became a success to the extent that later boroplus itself became the brand, and other products, like boroplus prickly heat powder, were launched under its flagship. Emami, later went on acquiring stakes in Zandu Ltd and created further brands under its umbrella. In addition to this, the entire range of Navratna products, like Navratna talcum powder, were also launched by Emami.

Today  Emami is a Group of Indian multinational companies, dealing in real estate, paper, edible oils, cement etc, and is widely known for there FMCG range. The founders has unanimously  decide that the group will not enter the tobacco, liquor, hotels or film businesses.

In 2015, the net worth of Mr. Agarwal was assessed as $1.43 billion!

As I am closing this article, I have realised that I can never see a tube of Boroplus in the same way.

P.S Since Mr. R.S Goenka has equal relevence in the success story of Emami. I found it legit to attach the photograph of both the gentlemen.
Mr. Agarwal is on left and Mr. Goenka on the right.

Also see :-  Famous Chartered Accountant : Mr.Nirmal Jain

Naina Lal kidwai – Motivation for each CA Student

All three posts are Written by :

Mrinal Pandey ( Staff Writter : CA Notes )

Disclaimer : If  a person copies this article without giving any credit will be liable of punishment under copyright act, as this article is copyrighted content in the name of

Thanks for reading 🙂

Naina Lal kidwai – Motivation for each CA Student

Naina Lal kidwai – Motivation for each CA Student

Have you ever meet people who think that a woman belongs to kitchen?
Maybe because they have never heard of Naina Lal kidwai. After going through the laurels belonging to her, even calling her an overachiever will be an understatement. A Chartered Accountant, a motivation, and a commerce graduate from Lady Shri Ram College, university of Delhi, she is the first Indian women to do her MBA from Harvard Business school. A Padam Shree awardee, she has been featured at Fortune global list of Top Women in Business, 12th in the Wall Street Journal 2006,Time Magazine as one of their 15 Global Influential women 2002.

Presently the Group General Manager and Country Head of HSBC India, she has served multinationals like Morgan Stanley, Standard Chartered Bank and Price Waterhouse & Co., mainly in the the field of investment banking, which is notorious for being dominated by men. She is also the first woman to head ANZ Grindlays, a leading foreign Investment Bank.

But everything didn’t happen that easily. Once, on being asked about her experience as a women banker, she said ” Strangely enough people around me were waiting for me to commit that one mistake so that they could pull me down”. From missing her first marriage anniversary to a number of her children’s birthdays, she had to make fair number of sacrifice, just to prove that her competencies has nothing to do with her gender.

Currently along with HSBC, Mrs.Kidwai is also serving the board of Nestle as a non-executive director. Moreover she is also on the Governing Board of National Council if Applied Economic Research (NCAER), Audit Advisory Board of the Comptroller and Auditor General of India (C&AG) and National Executive Committee of Confederation of Indian Industry (CII) and FICCI.

At the end of the day, due to her integrity and her dedication towards her work, she has made her place among the most respected and admired finance professionals.

As a person who is a role model to numerous young boys and girls, she has shown the conservative world that women are meant to sit in room…Boardroom!

Thats all for Naina Lal kidwai – Motivation for each CA Student. Keep Sharing.


Staff writter



Hey friends! This is an all new initiative to bring to you stories of some interesting people who never wanted be Chartered Accountants, but were destined to be. This will be a series of very short stories of  those whose passions are different than profession. They are the ones who proved that they are not fools but multi-talented people as firstly, they never parted with the passion and secondly once they started off with it, they never quit CA. No one today can call them fools as it takes determination and diligence to pass one of the most difficult examination in the country. These stories can inspire you in more than one ways.. if CA is your dream then if the ones whose dream was completely different, they managed then you can too and if you are amongst the lot whose passions are different then you can be another accidental Chartered Accountant.

Today’s story is of a girl who could be anything in life but a CA.Her passions were totally different from the white collar high paying profession. She was artistic and very soft spoken- qualities totally contrary to the needs of the profession. Had she been in any other western or culturally open country, she could have followed her heart and just because fate decided this way, she was born in India and that to a typically dominating family so she diverted her ways and picked up CA as a career, not really aware what was waiting for her in her journey.

Many of you would relate to what is it like living in a traditional joint family in India, the restrictions imposed on you, the additional duties that you are bestowed with and of course that extra bit of pampering. Anvesha ( Name Changed) was one of those. Born and brought up in a very affluent joint families of India was a bright young child who was unaware that things do not go as planned. That at times every member of your family stands against you when you take a decision that does not match with theirs. This is what first time happened with 17 year old Anvesha who after scoring well in the Class 12 board exams was not allowed to go her way.

Anvesha had flair for writing and equally good were her designing skills. She had picked fashion designing as optional subject and thus knew her basics and then with the help of her personal contacts she had learnt much more than just basics. Whenever she used to dress for an occasion it was different and it was appreciated. Similarly, her writing skills were no behind. She used to score well in her English exams, was a regular contributor in the school magazine, had won a few intra school and inter-school story writing competitions and had a few articles in  the reader section of the newspaper to her credit. She had decided that she would pursue her career in either of the two. She knew in her heart that she will not be allowed to move out of the home and study still she asked and answer, as expected was a flat NO. She however applied for the two very prestigious colleges in the country, one for English honours and the other for fashion designing using all the pocket money she had saved. She had thought that her family would happily allow once they have the news of their daughter being selected for one of the most prestigious colleges in the country.

She was selected for English honours but the family did not allow her to go. They wanted her to do fashion designing from some local college and marry at 21. She however was stubborn that if not allowed to go, she  would do the best she could staying at home. That was when CA crossed her mind and she registered.

Being a brilliant student she cleared her CPT and IPCC in her first attempt and without much effort. She thought it would be a cake walk but was wrong. The challenge started when she joined her training. The work pressure, the office politics and no spare time at all took a toll on her and she shed her weight considerably, leaving her body look like skin coated skeleton. This was when she realised that being pampered wasn’t a boon but a curse.

She hardly had time to study and when the attempt was due, she took two months’ leave to study all that she could. The result ended up in being first experience of failure for her. Anvesha was shattered, but this strengthened her determination. That very moment she decided she would overcome this. Now, she won’t be just a CA but a CS too.

The very next day, without asking anyone, she registered for CS, knowing that there was very less time to study between CA and CS exams. But she took this challenge. Only after registration she told her family about her decision and they were left without any option.

This time around, her CA articleship was complete and she had time to study along with a burning desire to make it happen. The exams were tiresome since there was hardly any time between the two, but the results were something extra ordinary. Anvesha was now CA Anvesha and after a month’s time in CS professional too. She decided to do CS first and then take any further decision career wise. During this period she designed clothes, wrote articles for the CA magazine and also CS journals. And in no time she was CS too.

Today she is a settled CA and A CS. Her articles are still hit and she continues to design. She works as a CA and in weekends pays attention to her designing. Anvesha intends to be an entrepreneur in future and start her own clothing brand. She intends to use all that her profession taught her to make a career in her passion. I’m sure she will make it big because all that matters is Happiness and this is what makes her happy.

If Anvesha did it, so can you. All you need to do is finish off with what  you started and follow your heart. Your career choice is very good as it will not leave you financially dependent on anyone and then you can always follow your heart using all the experience you had as a CA student. Do not quit because there will be a time when you realise it was worth the effort.

I hope you connect with Anvesha and get some inspiration.

If you are also an accidental CA do share your story with me. All you need is comment with your email id and I’ll get in touch. Or e-mail us at

Stay inspired and stay awesome!

By:-CA Manisha Jain

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