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C.V.O. CA'S NEWS & VIEWS Compiled by: CA Jekin Rajesh Dedhia ‘Ya Aeshu Suptaeshu Jagruti' is the motto of the ICAI, which literally means that a person who is awake in those that sleep. This approach is a state of self-awareness through which success can be achieved and can further be elaborated as person who is always alert, knows his destination and knows the path to be followed to achieve the success. In order to achieve success, a person must be: - Clear regarding the definition of success - Have a strong purpose of why he wants to achieve the same - Path through which he can improve/achieve the success So, I would like you to start a journey of understanding and ponder on the above questions in whatever stage of life that you are in right now. To understand this better, let us try to understand what do you mean by the term 'Success'. Success is it a destination, or a vision, a goal, a dream in life? By setting a goal, one becomes more focused and concentrated. For a student who has passed his SSC examination, it may be getting into a reputed college. For a CA student, it may be the feeling of becoming CA. For a freshly qualified CA, it may be getting a new job or starting a practice. For an experienced CA, it may be expanding his CA business, or being a partner of a reputed firm. Also, in this practical world, one has generally associated the term success to achieving material objects like a car, a house, a good business etc. However, in the search of this material objects, we definitely tend to ignore happiness. As is said in the search of known, sometimes we miss the obvious. In the current competition, we must take a pause and ask oneself what it is the thing that provides me happiness. It is subjective analysis and dependent on various factors. We deeply know what we want, but sometimes we tend to ignore the same. We must concentrate on our inner calling and put our efforts in the direction of what we naturally love doing. Imagine a person working day and night, doing his daily routine, without understanding the goal where he wants to reach. He may never reach the goal or may reach but not as fast than a person with a clear mindset, a clear vision coupled with dedication who would reach. If Sachin Tendulkar would have never dreamt of cricket or would be have concentrated on being bowler, he would not be called as the God of cricket… Master blaster of cricket. Similarly, if Lata Mangeshkar would be in some other field and not singing, she would not be a legend singer which is her unique trait. Every person has some unique personality and talent. Harnessing the talent consistently and practicing will make you a diamond from a normal stone. So, it is important to know yourself, your capabilities and try to capitalize your strengths and overcome weakness. Passion is the key. One must love what he does and must have passion to do the same. When one does any action with passion, with interest, and a vision to achieve something, he is fueled with the energy to reach the goal. A student pursing CA course must have a strong purpose on why he wants to be CA. With that purpose, values of perseverance are inculcated. One is more focused and efforts put are clearly aligned with the goal to become CA. With a purpose, it makes life simpler and enjoying. Creating your own recipes to achieve success in CA profession VOL. 23 - NO. 11 - MAY 2020 25
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Page 1: Creating your own recipes to achieve success in CA profession · checklist of time schedule assigning the subjects to be completed, prioritizing the subjects that require more attention

C.V.O. CA'S NEWS & VIEWS

Compiled by:

CA Jekin Rajesh Dedhia

‘Ya Aeshu Suptaeshu Jagruti' is the motto of the ICAI, which literally means that a person who is awake in those

that sleep. This approach is a state of self-awareness through which success can be achieved and can further

be elaborated as person who is always alert, knows his destination and knows the path to be followed to

achieve the success. In order to achieve success, a person must be:

- Clear regarding the definition of success

- Have a strong purpose of why he wants to achieve the same

- Path through which he can improve/achieve the success

So, I would like you to start a journey of understanding and ponder on the above questions in whatever stage of

life that you are in right now.

To understand this better, let us try to understand what do you mean by the term 'Success'. Success is it a

destination, or a vision, a goal, a dream in life? By setting a goal, one becomes more focused and concentrated.

For a student who has passed his SSC examination, it may be getting into a reputed college. For a CA student, it

may be the feeling of becoming CA. For a freshly qualified CA, it may be getting a new job or starting a practice.

For an experienced CA, it may be expanding his CA business, or being a partner of a reputed firm. Also, in this

practical world, one has generally associated the term success to achieving material objects like a car, a house,

a good business etc. However, in the search of this material objects, we definitely tend to ignore happiness. As

is said in the search of known, sometimes we miss the obvious. In the current competition, we must take a

pause and ask oneself what it is the thing that provides me happiness. It is subjective analysis and dependent

on various factors. We deeply know what we want, but sometimes we tend to ignore the same. We must

concentrate on our inner calling and put our efforts in the direction of what we naturally love doing.

Imagine a person working day and night, doing his daily routine, without understanding the goal where he

wants to reach. He may never reach the goal or may reach but not as fast than a person with a clear mindset, a

clear vision coupled with dedication who would reach. If Sachin Tendulkar would have never dreamt of cricket

or would be have concentrated on being bowler, he would not be called as the God of cricket… Master blaster of

cricket. Similarly, if Lata Mangeshkar would be in some other field and not singing, she would not be a legend

singer which is her unique trait. Every person has some unique personality and talent. Harnessing the talent

consistently and practicing will make you a diamond from a normal stone. So, it is important to know yourself,

your capabilities and try to capitalize your strengths and overcome weakness. Passion is the key. One must

love what he does and must have passion to do the same. When one does any action with passion, with interest,

and a vision to achieve something, he is fueled with the energy to reach the goal.

A student pursing CA course must have a strong purpose on why he wants to be CA. With that purpose, values

of perseverance are inculcated. One is more focused and efforts put are clearly aligned with the goal to become

CA. With a purpose, it makes life simpler and enjoying.

Creating your own recipes to achieve success in CA profession

VOL. 23 - NO. 11 - MAY 2020

25

Page 2: Creating your own recipes to achieve success in CA profession · checklist of time schedule assigning the subjects to be completed, prioritizing the subjects that require more attention

C.V.O. CA'S NEWS & VIEWS

Once you have known the destination and know why you want to achieve it, you will focus your energy in the

path to achieve it. There would be many problems being faced by you in order to reach the goal, but by a little

shift in thinking from the word problem to the word challenge, it will boost your confidence to overcome the

challenge, making you more independent and you will tend to take responsibility for your actions.

For a CA student, articleship experience provides a rich exposure and learning to the practical dimension of a

CA. Understanding the work that you are doing, being curious to learn more and grabbing each opportunity

that comes in front of you will definitely help prepare you for the CA Final exams and the strategy to pass the

same. For eg- If filing a return of income is the goal for which there is a deadline, accordingly we plan our time,

prepare a checklist, follow-up with the client for queries, file the excel utility and then pray that the return gets

uploaded in the income tax portal without error. Similarly, the same can be applied in planning for your exams

too, you know you have an exam date, accordingly, you can plan the studies effectively, prepare a broad

checklist of time schedule assigning the subjects to be completed, prioritizing the subjects that require more

attention based on one's ability and capitalizing on the subject that you are more interested and aim to get an

exemption in at least two subjects of each group. I urge the CA students planning to give exams to have a

mentor who is qualified CA and who knows what it takes to become a CA and cares for you. You may have a

constant follow up with him to understand whether you are on the right path and how can you make the limited

time most productive. After your revision, before you give the exams, it is extremely important to give a mock

to be prepared for the final exams. It will give you an actual scenario on your time management skills, help you

know the areas where more attention is required. With all the perseverance and hard work, you are definitely

bound to give your 100% and after giving each exam, you should not discuss that question paper. You would

not be able to control what is already gone. Its done and dusted. The only thing you must focus is on the next

paper. After giving all exams, you must just leave the rest to God.

Also, doing meditation for 5 to 10 mins daily in the morning or before study time and also on exam date, will

provide peace to your mind and in this time, you may imagine or saliently repeat, ''Whatever I have studied till

today, I know everything and come what may the question in the exam, I will be able to answer the same to the

satisfaction of examiner… You may visualize the result day, you sitting on the computer you enter your roll no.

and you see the words 'PASS'… You can imagine the feeling of happiness all around and joy on the face of your

parents, the sacrifice, the efforts that you put in the blessings given to you everything has worked. By doing

this, you will know the feeling of being CA and once you are in that state, with that attitude you will surpass the

CA final exams with flying colours.

As is said to become a outlier or the best in your field you should have certain traits or develop a niche in your

field, your USP, a competitive advantage for which people come to you for advice. Try to constantly develop

your skills, be updated about the recent developments in your area of practice and also have a knowledge of

economy. In our profession, to achieve success, one must not compromise on the values. CA's must practice

the code of conduct diligently. Networking and contacts are the key to develop the CA practice. On a boarder

level, we must be honest in our work and helpful to the society at large. Recently, Narendra Modiji, our prime

minister, has said that 'The CA community looks after the economic health of society'. We become the role

models for the society, and we are community of glory and pride looked upon to by the common people. It is

important that we live upto the expectation of the society and refrain from corrupt practices for few short-term

gains. We must adhere to the ethical standards laid down by the ICAI.

VOL. 23 - NO. 11 - MAY 2020

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Page 3: Creating your own recipes to achieve success in CA profession · checklist of time schedule assigning the subjects to be completed, prioritizing the subjects that require more attention

C.V.O. CA'S NEWS & VIEWS

As Swami Vivekanand has rightly said, “We are what our thoughts have made us, so take care about what you

think. Words are secondary. Thoughts live, they travel far”. To become a master of your life you must become a

master of your thoughts. Law of attraction always works. Positive thinking will provide abundance and vice

versa. Positive attitude in our each and every act will boost our morale to achieve more. Life is not what

happens to you but in how you respond to what happens to you. The 3 P's are sure a way to success – passion,

preparation and persistence. By doing this you will feel a sense of happiness and satisfaction.

Sometimes, you may experience failure in order to achieve success. But remember, failures are the

steppingstones to success. It provides one with so much of learning. Important part is not to repeat the

mistakes again. Students by giving mock exams can know the improving areas which require more practice.

Life is full of ups and downs and God forbid, if you encounter any failure in your life remember that sometimes

in the moment to achieve something great, it is glorious even to fail. Never regret, be happy that it happened.

Never question 'why me', say to life 'try me'. It is like either you win, or you learn. We should be grateful for the

learnings too.

Also, being grateful for whatever you have achieved so far will give you more abundance. By being grateful one

becomes humble and more positive. By giving, one receives more. So be thankful for the people who have

contributed to your success. Life is journey and not a destination. Celebrate all tiny victories as well and be

present in the now and not worry about the future or try thinking of changing the past. Thus I would say

success is not only a destination to be reached but true success is a journey to be enjoyed/ to be lived. Success

is a constant state of being happy. If you love what you do, you will achieve success. I would conclude by saying

success is not final and failure is not fatal. It is the courage to continue that counts…!!!

VOL. 23 - NO. 11 - MAY 2020

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