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Congratulations to new cmas. salute to icwai

CMA Ravi Sankar Vipparla (CMA) (62 Points)

21 February 2012

ICWAI is maintaining excellent world class standards with its lowest pass % .

The world's toughest exam in Finance and Accountancy .

Lowest pass % compared to any such sister Institute.

December 2011 Result analysis...

1)Total Number of candidates who have qualified this term ....

653 All over India.

https://examicai.in/Result/pressrelease/D11FCP.TXT

2)Who have cleared group (iv)

Only 139 All over India

https://examicai.in/Result/pressrelease/D11FST4.TXT

3)Who have cleared only group (iii)

Only 663 all over India

https://examicai.in/Result/pressrelease/D11FST3.TXT

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14 Replies

(Guest)

CWA Pass percentage was not disclosed by ICWAI , it is alomst upto 68% in both Group in Final

see below the resultsed in final centre wiese compted self;

Pass Percenatege

Final Both Group Grp 1 GRP 2

Appeared 1570 2455 3679

Pass 896 1585 2611

Pass 57% 66% 70%

Caculated on the bais of declaed centre wise and with estimated data
LiHence

The Institute of Cost Accountants of India never discloses its stundets performance due to results like normal Academic course B.com .

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(Guest)

CWA can be simply compared with Ignou coures . It never discloses students performance due to fear of more humuliation by public at lager.

It has already lost its confidence due to battle world second largerset accounting body.

Now it is marketing the cousre through some cost Accounatnts , Peolpe undertand CA CPA due to their regoruod exam and checking.

Cost Accounatnts is just doing bussiness, Henc GOI reduced it to mere cost Accounatnts.

Please improve standard so that an accountant feel proud of Cost Accounatnt

Balaji Kodumuri (ACMA, CS Final) (41 Points)
Replied 21 February 2012

I think the CMA pass percentage is below 10% it is very low when compared to previous atempts .More than 7000 candidates had attended CMA final for this attempt and 653 candidates are qualified all over india.It indicates the CMA is improving standards.

As an accountant [CMA] I feel proud of Cost Accountant.

(Guest)

Out of 700 appeared ,653 qualifed ,

Failure rate in CWA is just 10%

Sucess rate 90%

Exactaly like any normal academic course result.

Pijush Roy (ERP SAP Functional Tester) (281 Points)
Replied 21 February 2012

Originally posted by : Nitin
	Out of 700 appeared ,653 qualifed , Failure rate in CWA is just 10% Sucess rate 90% Exactaly like any normal academic course result.

Where u find this information about 700 appeared. It's impossible.

I stay at village side & exam centre is small type. Candidate appeared in stage IV over 200+

How is it possible that total candidate all over INDIA is only 700.

Check ur info. & also post link which tell you this informations.

Otherwise keep silence.

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(Guest)

I got it from Cost Accoutants website , do you know Pass % , pls tell me, .

othe donot cry , your Cost accoutamcy is mostley persued in village.

It is not persued in Metro. Ca is only preffred in metro.

Can you provdie link to know your pass % a claimed.

mine is from data published from ICAI cost .

may be there is varatin,

1 Like

Gopinath (Sr Proceess Associate) (26 Points)
Replied 22 February 2012

Nitin, pls do not indulge in loose talk. No worries in you preferring Ca to cwa. But it is not nice to degrade other professional courses in the light of CA. Stop posting such immatured posts. It shows your arrogance and lack of maturity. If you prefer CA, then tell good tings about CA than bluffing on others. Hope you would not continue this.....

Nandan Sarma (Article Assistant) (325 Points)
Replied 22 February 2012

@ nitin show us where in CMA website you found 700 appeared in Finals...

CMA Ravi Sankar Vipparla (CMA) (62 Points)
Replied 24 February 2012

I was Faculty for CA Final and for ICWAI Final (because of regular foreign travel schdules, now I am not bale to take classes from past four years). ICWAI has 70 exam centers. In the centers like Hyderabad, we see 1500 plus ICWAI Final students. In some centers the Final students may be less. In centers like Chennai, Kolkatta,Mumbai the Final students Number is 2500 plus. In all centers together the number of Final students will difinitly more than 30000. Out of thirty thousand only 1500 (Group3 or group 4 or final) passed. The pass % is less than 5%.

No further discussion is required, this is common sense. I have respect to both CA and ICWAI. I took classes for Final students of Both. Both are maintaining good standards. But from past 3 years , CA has higher % of Pass. I don't know what is the strategy of ICAI (old). But both have their own greatness, may be in different directions.

From the bigining ICWAI is maintaining standards, but because of less number of members, in sufficient funds, lack of statutory backing, ICWAI doesn't have much focus.

If any body says CA has 60% pass or ICWAI has 60% pass , as professionals, we will ignore them. Let them come with proof.

Having affection to their dream qualification or having some inclination to their qualification is natural. Every body has right to expess the same. Naturally one should love his wife more than other's wife. But beeing too much agresseve is not correct. I am seeing some posts heavily criticising CA and CMA.

1 Like

CMA Ravi Sankar Vipparla (CMA) (62 Points)
Replied 24 February 2012

Dear Gupta,

Yes, I accept, there are some mistakes and court procedings w.r.t. to ICWAI, they are there with CA too (beacuse CAs scope and public activities are more compared to CMA, there may be more procedings against CAs or ICAI).

But the one that you are reffering is not specific to ICWAI. I can post the correct info

New Delhi: Bodies which conduct competitive examinations should change their "old mindset" and get tuned to the RTI Act to disclose information to candidates, the Supreme Court has said.

A Bench of justices R V Raveendran and A K Patnaik turned down the plea of Institute of Chartered Accountants which pleaded that an authority should be appointed under the transparency law to screen application of information seekers in view of increasing number of people approaching under the RTI Act.

"Examining bodies like ICAI should change their old mindset and tune them to the new regime of disclosure of maximum information. Public authorities should realise that in an era of transparency, previous practices of unwarranted secrecy have no longer a place," the bench said.

"Accountability and prevention of corruption are possible only through transparency. Attaining transparency no doubt would involve additional work with reference to maintaining records and furnishing information," it said.

The court said that additional workload is not a defence for not maintaining information and the institute can approach the government in this regard. "Additional workload is not a defence. If there are practical insurmountable difficulties, it is open to examining bodies to bring them to the notice of the government for consideration so that any changes to the Act can be deliberated upon," the court said.

"As the examining bodies have not been exempted, and as the examination processes of examining bodies have not been exempted, the examining bodies will have to gear themselves to comply with the provisions of the RTI Act," the courtsaid.

The court passed the order on an appeal filed by ICAI challenging the Bombay High Court oder which had directed it to provide information under the RTI Act.

POSTED BY M A G P AT MONDAY, SEPTEMBER 05, 2011