Chartered Accountancy Disadvantages | The worst things about the profession
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- čas přidán 30. 07. 2024
- This video is about some of the “not so cool” things about being a Chartered Account. I've shared lots of good things about the profession so don't come for me please. It’s just a small reality check.
Funny how I came across this video at this moment. It is Saturday today and as I am writing this my partner who is a CA has been working since morning. I completely agree with you on the workload, and expectations being high, Its a lot!!!!. Sending all of you hugs❤. I am not a CA but the other thing I can add based on observations are high stress levels especially during year-end and some companies have no boundaries, like being called at ridiculous hours of the night to solve a certain problem or even when you are on leave. And that being a “Dr on Call “ statement you made sums it up so perfectly.
Yho how could I forget Year End? Those are 🔥 🔥 😫
Absolutely enjoyed this. I’m in the first year of my articles and have been following your channel for a few years now. You bring a lot of insight. Thank you 🙏🏽
It’s a pleasure and I’m glad you’re finding value in the content. All the best with your articles. I hope ITC is in the bag. 🤞🏽
Have been waiting for CA content for so long😭 Thank you❤
Why didn’t you say? 😅 more will be coming.
@@SinikiweNgcobo yes please!
I guess thats the reality of academics vs World of Work, in most fields of study(3-8 yesrs) you mostly use (20-30)% of studied content...the rest of knowledge acquired becomes extinct.
I think so, so it’s there at the back of your mind if you ever need it I guess.
I am a 3rd year trainee and it's Sunday 6am yet I have been up since 1am trying to wrap up on my work and completing another trainees work because they were taken off the audit early and I need the time management competencies 😂. Fun times. The money is also not greate
Eish😅 this too shall pass, thanks for sharing so others know that it’s not easy.
The money will get better.
Great content. I’m a third year trainee from Botswana. There’s solace in knowing we’re all going through similar hurdles 😂. Thank you for this👊
Pleasure 👊
Here after the bonnie interview ❤you gained a new subscriber
Thank you and welcome 🤗
felt the Boniswa’s channel part!
😅😅
Sesi, I agree that you don't have all the money...but you've got money. I'm from Boni's channel.
😅🙃 welcome 🤗
Your content is very educational❤
Thank you hun ❤️🙏🏽
Whats mrs view on AIs impact in the industry, will an accounting career still be worth it in the next 5 to 10 years . Is ai really impacting the industry negatively or are people just overhyping it 🙏
That’s a whole video on its own.
Can i please ask a question... currently I'm studying in UJ Bcom accounting, I'm doing my 3rd year this year. If I want to be a CA( SA) I will have to do BCTA next year then CTA for the following year. But there are no bursaries available for Bcta next year so I was thinking of taking a student loan of 100k next year so that I will be able to do BCTA. I have other option though to do honors in Tax, or CIMA, or Internal auditing. If. I decide to take the loan how long do you think it would take me to pay it back when I'm working ?
Thank you
Hi 👋🏽
How long it will take you will depend on the interest rate, and instalment you and the credit provider will agree on, you can always pay it off quicker than the agreed schedule though.
This will also depend on your take home pay when you’re a trainee and your living standard in terms of how much disposable income you’ll have to allocate towards the debt if you want to pay it off aggressively.
Even the interest rate will depend on your credit profile.
So I think there are too many variables for me guess how long it would take you.
Also bear in mind that the loan would probably accumulate interest during your honours years before you start working so you may have a bigger loan than the initial R100k when you start working and paying it off.
Get clarity on the possibilities/ options from your preferred credit provider.
Thank you alot @@SinikiweNgcobo . I really appreciate ❤️🙏
Great video.
Thank you 😃
I’m doing accounting. Love it bits and I have exceptional grades but I know I’m not built for the CA career though I appreciate the competencies that come with studying accounting.
I’m headed to the C suite but not through the CA journey. I’ve seen the people in CTA and trainees and I don’t think the sacrifice is worth the reward especially when one is strategic about their career.
I’m adding a minor in information systems and going the CIMA route
That’s great. Typically the training part for CIMA and CA(SA) is largely similar, if you don’t go to audit side for CA.
Where I trained we were in the same programme and rotated to the same teams excl internal audit for CIMA.
All the very best ❤️
@@SinikiweNgcobo thank you so much
I started following you I want to ask how you manage your finances since you say the money is not that great😂❤... If you had made a video before can you please recommend it to.. Thank you
I have a whole financial wellness playlist of videos. czcams.com/play/PLID0CnaHJDo-sYXm0uBdVgTjSJCd2lU8j.html&si=ZnSkxmrKa_ebNLiZ
I’ll make updates videos though.
How much family time do you have as a CA especially being a mom?
There are periods where you have a lot of time and periods where it gets busy. But I wouldn’t say there’s no time at all. It’s seasonal and often role/ job specific.
Great video
Thank you 🙏🏽
As we wait for the "Finding your way after articles" video😊😊😊
😃😅
well put
Thank you
💯💯💯
🙏🏽❤️
I don't think Im ready for the long working hours w/o overtime??😂😂 yhuu
It comes with the territory lol 😜
Do u get paid for the overtime?
@@luyandadladla9416 it probably depends on the company hey
To see that the cows really exist😂
We’re called bean counters for a reason 🤣
Yohhhhhhhhhhhhhhhhhhhhhh
Is it really worth it tho? 🥲
Hahah I think so.