Chartered Accountancy Disadvantages | The worst things about the profession

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  • Опубликовано: 30 июл 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.

Комментарии • 51

  • @nwabisatakata3300
    @nwabisatakata3300 25 дней назад +16

    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.

    • @SinikiweNgcobo
      @SinikiweNgcobo  25 дней назад

      Yho how could I forget Year End? Those are 🔥 🔥 😫

  • @sine1255
    @sine1255 25 дней назад +2

    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 🙏🏽

    • @SinikiweNgcobo
      @SinikiweNgcobo  25 дней назад +1

      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. 🤞🏽

  • @thomasshitilifa1629
    @thomasshitilifa1629 25 дней назад +8

    Have been waiting for CA content for so long😭 Thank you❤

    • @SinikiweNgcobo
      @SinikiweNgcobo  25 дней назад +1

      Why didn’t you say? 😅 more will be coming.

    • @untamedalien
      @untamedalien 25 дней назад

      ​@@SinikiweNgcobo yes please!

  • @alexandermotheo
    @alexandermotheo 21 день назад

    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👊

  • @masedimoshe2969
    @masedimoshe2969 24 дня назад +3

    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

    • @SinikiweNgcobo
      @SinikiweNgcobo  24 дня назад

      Eish😅 this too shall pass, thanks for sharing so others know that it’s not easy.
      The money will get better.

  • @siphelomagangana6640
    @siphelomagangana6640 25 дней назад +5

    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.

    • @SinikiweNgcobo
      @SinikiweNgcobo  25 дней назад +1

      I think so, so it’s there at the back of your mind if you ever need it I guess.

  • @Madamnkosi
    @Madamnkosi 25 дней назад +1

    felt the Boniswa’s channel part!

  • @jimmay5366
    @jimmay5366 20 дней назад

    Here after the bonnie interview ❤you gained a new subscriber

  • @terrenceshilowa9284
    @terrenceshilowa9284 14 дней назад +1

    Sesi, I agree that you don't have all the money...but you've got money. I'm from Boni's channel.

  • @_Hlawu
    @_Hlawu 16 дней назад

    Your content is very educational❤

  • @nicolettentombi4177
    @nicolettentombi4177 20 дней назад

    As we wait for the "Finding your way after articles" video😊😊😊

  • @The_Third_Place
    @The_Third_Place 17 дней назад +1

    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

    • @SinikiweNgcobo
      @SinikiweNgcobo  17 дней назад

      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 ❤️

    • @The_Third_Place
      @The_Third_Place 17 дней назад

      @@SinikiweNgcobo thank you so much

  • @ThembelihleGcabashe
    @ThembelihleGcabashe 23 дня назад

    💯💯💯

  • @SekaSetswana
    @SekaSetswana 25 дней назад

    well put

  • @ayandahlophe6601
    @ayandahlophe6601 23 дня назад

    Great video.

  • @stumzankosis327
    @stumzankosis327 19 дней назад +1

    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

    • @SinikiweNgcobo
      @SinikiweNgcobo  19 дней назад +1

      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.

    • @stumzankosis327
      @stumzankosis327 19 дней назад +1

      Thank you alot @@SinikiweNgcobo . I really appreciate ❤️🙏

  • @stumzankosis327
    @stumzankosis327 19 дней назад

    Great video

  • @Red742-z9m
    @Red742-z9m 22 дня назад

    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 🙏

  • @_Hlawu
    @_Hlawu 16 дней назад +1

    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

    • @SinikiweNgcobo
      @SinikiweNgcobo  16 дней назад +1

      I have a whole financial wellness playlist of videos. ruclips.net/p/PLID0CnaHJDo-sYXm0uBdVgTjSJCd2lU8j&si=ZnSkxmrKa_ebNLiZ
      I’ll make updates videos though.

  • @user-lb8cp9mh1u
    @user-lb8cp9mh1u 24 дня назад +2

    How much family time do you have as a CA especially being a mom?

    • @SinikiweNgcobo
      @SinikiweNgcobo  24 дня назад +1

      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.

  • @untamedalien
    @untamedalien 25 дней назад +1

    I don't think Im ready for the long working hours w/o overtime??😂😂 yhuu

    • @SinikiweNgcobo
      @SinikiweNgcobo  25 дней назад

      It comes with the territory lol 😜

    • @luyandadladla9416
      @luyandadladla9416 23 дня назад

      Do u get paid for the overtime?

    • @untamedalien
      @untamedalien 13 дней назад +1

      @@luyandadladla9416 it probably depends on the company hey

  • @mwasir5744
    @mwasir5744 25 дней назад +1

    To see that the cows really exist😂

    • @SinikiweNgcobo
      @SinikiweNgcobo  24 дня назад +1

      We’re called bean counters for a reason 🤣

  • @averyavenue3608
    @averyavenue3608 18 дней назад

    Yohhhhhhhhhhhhhhhhhhhhhh
    Is it really worth it tho? 🥲