Bird eye view of CA Final result...dont miss it

Page no : 7

Vikas Kumar Gupta (Student IPCC) (408 Points)
Replied 24 January 2010

CA.vivek.m ACA
 

 

Thank you.



(Guest)

nice forum

1 Like

CA.ViVeK M ACA (ACCOUNTS DEPARTMENT) (28544 Points)
Replied 24 January 2010

Originally posted by : Aldrine
I think, institute is not looking on % of pass, but on number of persons passed to match with demand. So whenever more people join & appear in the exam, percentage become reduced.
That means there should be a demand in preportion to the number of people joining in CA.Then automatically for the demand, number of persons qualified will also increase.
Unlike other courses CA has no limited number of seats.PE - 1 should be linked with demand.So one who does not qualify PE - 1 can opt other options.So wastage of resources & effort can be reduced.
Dear Balasubramanya......we can expect rank from one person, but it does not mean that there is no body in India who is deserving that.....other probabilities r also playing as factors....not only that the the toughness of that exam is applicable for all including 1 to 10 Ranks..........individually no body is knowing the caliber of another (on all India Basis!!!!!) except when rank is declared.........The first rank holder of existing course is a rank holder from SSLC onwards.How many people r going to CA whenever one get rank in SSLC?.......So if he does not get rank, it is a miracle.............that means uncertainity doesnot play much in his result.

 

There is a nice  observation of fact by mr Aldrine..If the economy is weak then restrict the passing % in CPT level onwards.But those who have eligibilty to clear CPT they  must be cleared....

Now the Economy trend shifted from Boom to Recession...

In boom period there was good number of student become member of the institute...

Let me explain how the institute is understanding the demand of CA in different sector in India and abroad...What is ICAI taking in to the consideration....

can anyone explain

1 Like

CA.ViVeK M ACA (ACCOUNTS DEPARTMENT) (28544 Points)
Replied 24 January 2010

How the ICAI taken in to account the demand for CA in India and abraod...

Is  ICAI have any statistic or details  for taking in to account the demand ...


CA SURENDRA KUMAR RAKHECHA (Practising CA at Surat) (26263 Points)
Replied 24 January 2010

Can students "digest" that CA results are based on Economic Factors.? 

The most related factors are development of economy and the related developments in accountancy profession which are not updated by most of the students

Approx 70% of failed students; fail due to aggregate problem.

They should upgrade their mind-set to score 60% so that they will see their roll number in the list of successful students  even if the marking is poor !

 Many students score 40-49% marks. It means they can pass.

I am of opinion that  if a student scores only 30% marks in a subject due to any reason still he can become a chartered accountant.

I again come to the above point of mind-set of 60%. If student has made a target of 50% in a subject and if he scores only 45% - the result is Fail !

So practically there is a silly mistake committed by the most of the students. They target for pass only whereas their target should be much higher. So that passing would not be a problem.

I can give one live practical example which happened in May,09 in final examination.

One of my articled clerk took transfer from Delhi and joined my firm.

He passed  PE II by appearing  individual groups one by one in  Hindi Medium !

I gave two hours dose to my articled students towards CA studies and value of Rank if they score. This particular student took it sincerely  and  made a target for that.

His name is Vikesh Mundhra and he got three Gold Medals in Accounts, Cost Accounts and Indirect Tax ! He came from low-middle class and struggled hard for his living. He used to take tuition to support his father till he joined my firm Looking to the candidate's capabilities and circumstances; I paid him Rs.7500/- p.m. as stipend from the day he joined. 

Although after appearing in the examination he was not so confident that he will score such marks because at the time of DT paper he studied IDT !

So what is impossible ?

 

 

 

 

1 Like


CA Ravi Sisodia (CA,CS,CMA) (32226 Points)
Replied 24 January 2010

According to me in nov.2009 attempt, options were removed for this reason result may be down to the some extent.


CA.ViVeK M ACA (ACCOUNTS DEPARTMENT) (28544 Points)
Replied 24 January 2010

Dear All

In one of my forum thread, mr manoj more had written that there was manipulation in the result system and ICAI give some preference on a particular Religion...

Did you believe was there any maipulation in result system?

Did ICAI pushing a particular cast?


CA SURENDRA KUMAR RAKHECHA (Practising CA at Surat) (26263 Points)
Replied 25 January 2010

Please ask Mr. Manoj to submit the regionwise data of successful students with number of students appeared in those region.


Riyaz Khan (CA CS (Exec) MBA (Fin) Asst. General Manager-SEBI Internal Auditor-British Certifications Inc.)   (1315 Points)
Replied 25 January 2010

Please don't spread such kind of rumours. At least we as members of the institute should not talk like this. I personally feel that it is totally baseless conclusion. Untill and unless, anyone has specific data to proove this, he/she should not conclude like this....It's a noble profession don't compare it with Politics ☺

3 Like

CA SURENDRA KUMAR RAKHECHA (Practising CA at Surat) (26263 Points)
Replied 25 January 2010

Agree with CA Khan that is why I asked to submit data to prove his allegation.

If regionwise performance is not comparable; whether we should conclude that there is partiality in alloting marks ?

NEVER !

The system of checking of examination sheets is such that this is  not known to anybody.   Even examiners do not know about it for which region they are checking the sheets. 

 

 

1 Like


CA SURENDRA KUMAR RAKHECHA (Practising CA at Surat) (26263 Points)
Replied 25 January 2010

(with humour touch)

According to CA Ravi (not me); options were removed in the question papers so I think there was no option before the Institute also to allot less marks !

Practically when clients come to an office of CA, CA has only option to solve the problem. 

Client does not come to offer options to a CA.

 


CA.ViVeK M ACA (ACCOUNTS DEPARTMENT) (28544 Points)
Replied 25 January 2010

Dear Mr RD kahn,

 

Please see the below link  of my forum discussion in that there is a comment by Mr manoj...

Please find  the link....

/forum/you-can-crack-the-ca-final-exam-in-the-tougest-scenario-dont-miss-it-65011.asp

Iam  not believing any such allegation....

There was a good comment made by  Richa sharma against the same....You all  can see and comment ...

 


CA. Megha Topiwala (Job) (1534 Points)
Replied 25 January 2010

but sir... of all the sudden b4 a month of exms where ICAI declars tht thre will b no options in papers n questions will b of practicle nature.... it definately made the student confused including me... tht hw 2 approach further....  as many of v students hv prepared accoding to the going trend ..... so.. the sudden notification made us even more confused.... n made us in a terrible situation....

i personally find this as 1 of the major reason of the lower results.....


CA SURENDRA KUMAR RAKHECHA (Practising CA at Surat) (26263 Points)
Replied 25 January 2010

Dear Megha,

I can understand the problems faced by the students when there is change in setting of question papers suddenly.

The Institute is "well known" for its question paper setting since its year of inception.

Students should go for "in-depth study" as all experts emphasis many times.

"Assume yourself as a qualified Chartered Accountant when you appear for the examination ! That much expertise is expected from the candidates who appear in the examination."

The society is expecting more and more from a chartered accountant. In our family also; more expectations are there from a worthy (specially qualified) family member.

Ultimately; it sharpens our performance because we are in a position to face the challenges.

The Institute's "S E T   P A T T E R N" of conducting examination    is                      "U N C E R T A I N T Y  O F   T H E    Q U E S T I O N   P A P E R !"

Recently one more area has been added in our professional career  that is "Special Audit under Excise Act" which was previously privileged by Cost Accountants only.

I think this is the reason that hard marking is there in the Cost Accounting.

How many students referred Cost Accounting Standards ?

If you WORK HARD without knowing the "STANDARDS (of CA Institute)"; how will you get success in CA ?

 



CA.ViVeK M ACA (ACCOUNTS DEPARTMENT) (28544 Points)
Replied 25 January 2010

Originally posted by : Megha Topiwala
but sir... of all the sudden b4 a month of exms where ICAI declars tht thre will b no options in papers n questions will b of practicle nature.... it definately made the student confused including me... tht hw 2 approach further....  as many of v students hv prepared accoding to the going trend ..... so.. the sudden notification made us even more confused.... n made us in a terrible situation....
i personally find this as 1 of the major reason of the lower results.....


 

Your view is Right

If there  is any changes , it should be clearly stated in advance...

This time the exam paper set is tight....Just in the movie Munna Bhai MBBS...There  is a toughest paper set by the dean of the colleage.....

The paper was set with clear indication and its well execution were found  in the results....



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