Mr Jerry, if you donot the genesis of word then, is there any necessity to make comments ?it will take much time, while narrating, but since i understand that you are analyst, so better read the speech of Sh Ahulwalia in Rajya sabha ON 15th Dec, you will get clear about the cost as well as you will also able to understand the gensis of word "chartered", which is only a burden to the independent india.And so far as , today or tomorow,CA inst. will themselves try to change the name.CA inst had a fear in themselves that if ICWAI will use managemnt word, unka bazaar thanda ho jayega.That is why CA inst. has tried with tooth and nail to prevent the addition of the word Managment and i complement them that they did it successfully, but ACMA AND FCMA surprised them .They might have tried to reverse this word also but remained unsuccessful.You ask some CA about Practical training, they will tell you the real meaning Dummy training.In stead of article ship with CA firm, CA institute should engaage some corporate house like CS for the training.Because when somebody talks abot practical training , it becomes funny thing.It is wise to be silent, if one does not know the text of the topic.