Prajjwal Kaushik
(Finance Professional)
(6216 Points)
Replied 09 February 2018
Here is a detailed article on the same:
3 Main Issues from his plea:
i. For Members: There's an unwarranted increase in the membership fees of the Institute and lack of proper arrangements for the CA Day celebration where many Chartered Accountants could not get entry.
ii. For Students: Mismatch of Nov 17 CA Final results, which clearly raised questions on the integrity of the results declared and transparency of Institute. As he said 'The result came out on 17th and was changed later on. Initially names of 24,000 students were mentioned in the list sent to branches, but later on it was reduced to 19,000 without any legitimate reason. What about those 5,000 students who have already celebrated? What right you (the Institute) have got to play with future of those students?'
Also, another point raised was increase in fees for CA students from the introduction of new course which has resulted to more burden on the students coming into the profession.
iii. For ICAI Employees: On the same day when Institute was celebrating their 68th Annual Function, more than 300 employees of the Institute were on strike for their 7th pay commission, negligent work culture and bad working conditions in the organization. Howsoever hard Institute may try to turn a blind eye to these issues and complaints, there is clearly something wrong with this bureaucratic and politically ill mechanism which is acting as a deterrent to the Institute's potential to grow by leaps and bounds.
pallavi jain
(student)
(123 Points)
Replied 11 February 2018
its a serious injustice done with the students, who really put on so much hard work for 6 months....two of my friends cleared first grp in the initial list and later on they were declared failed...