The CA way of Life

On hearing the words “I’m doing CA…” vivid images of bookworms who keep burning the midnight oil even after slogging 10-12 hours of study turn up in our minds. Generally speaking students of CA background are considered to be less aggressive and more conservative than other teens or youth. Well I for one, as a student pursuing CA can guarantee that, our fraternity isn’t so. Sure we do have our hands full juggling between classes, internship and studies but that doesn’t mean that we do not get our share of fun & entertainment.

About the CA Institute

The Institute of Chartered Accountants of India (ICAI) is a statutory body established under the Chartered Accountants Act, 1949. ICAI now is the second largest accounting body in the whole world.  Institute has its headquarters at New Delhi. In addition, it has five Regional Councils located in Mumbai, Chennai, Kolkata, Kanpur and New Delhi and 117 Branches spread all over the country. 

CA as a Profession

Our Profession has around 145000 members spread throughout the country and in different parts of the world. Currently there is an Increase in percentage of members joining industry when compared to the last few years. The lifelines of our profession are small firms generally in the nature of Sole proprietorship and Partnership.

Options Galore

The Qualified students prefer to either join an industry or set up their private practice. You can find us holding a responsible position in industrial firms as CEOs, Managing Directors, Director (Finance) and Chief Accountants & you can also find us in private practices minting money.

The CA Students Fraternity

Our student fraternity SICASA (Southern India Chartered Accountants students Association) is one of the biggest student unions in this country. Every student who registers for PCC (Professional Competence Course) with the SIRC (Southern India Regional Council) of ICAI (Institute of Chartered Accountants of India) becomes a member in the student council by default and a nominal charge is collected from them along with the registration fees for the course. Currently we have about 26000 students in our rolls with around 17300 students in PCC & 8800 Final course students and this number is growing every day.

Being one of the biggest student union a separate Bank A/c is maintained. Separate Books of Accounts are also maintained and yes, even our accounts are subject to audit. The audited accounts are submitted during the AGM which is held every year. In this AGM, annual elections are held & 11 student members of SICASA are elected as the Student Council Members representing the whole of South India. Then further elections are held within the council to decide on the office bearing posts of the Vice Chairman, Secretary and Treasurer. This team of students is monitored by a Chartered Accountant who is elected in the CA member’s election as the Chairman of SICASA.

Functioning                                                                                                                              The council of students have their hands full with conducting Study Circle Programme (every Saturday at the SIRC of ICAI) inviting speakers from the industry who have varied experience and impart their knowledge to the students who attend them. Apart from this, a seminar is conducted every month which aims to give benefit to 200 – 300 students in a go. But the most daunting part is to conduct a Regional Conference every year that invites students from the 4 southern states. Last year around 1200 students and 200 CA members across South India attended the conference and reaped benefits from it.

This council also makes sure that the students are not deprived of the “Fun n Frolic” due to them, by conducting cultural events (including Music & Dance) and Sporting events (which includes Cricket, Chess & Badminton Tournaments). The events that we conduct do not stop here…we also conduct Non Conventional programmes and Seminars wherein both the student and their firm reap benefits from them like the Tax Audit Programme which taught the students to deal with work during the Tax Audit Season. Apart from these it also tackles the grievances of the students and handles material matters.

Contact Us

The Students Council is at your Disposal and by these posts we hope to reach as many fellow students as we can. Also we have opened a portal sicasathewinners.blogspot.com with which we wish to communicate the updates on the activities of SICASA. We are Receptive for any Suggestion and will be glad to handle your enquiries and Grievances. You can Reach us at sicasa0809@gmail.com or simply call Ms. Muthu Abirami – 9841352834, Balaji Sridharan – 9884257268 or Avinash Kulur 9884241961. We welcome everyone welcome to join up SICASA as a volunteer for our future Activities.

BALAJI SRIDHARAN

Secretary SICASA