Draft Memorandum to ICAI to reduce total cost of study of CA

DRAFT MEMORANDUM TO REDUCE TOTAL COST OF STUDY OF CA COURSE

Some Important Figures From ICAI’s Accounts

INCREASE IN FEES - In View Of The Above Surplus With ICAI & The Fact That ICAI Is A Non Profit Seeking Organisation, I Don’t Think That The Increase In GMCS Fees For Students Is Justified.

QUALITY OF STUDY MATERIAL – Why Students Are Purchasing Books Of Different Authors? We Should Hire Best Faculty To Update And Review Our Study Material And Make It So Much Improved That Students Do Not Feel Any Need To Purchase Books Of Any Other Author.

FREE E-LEARNING FOR STUDENTS – We Should Provide Free E-Learning For Students For Every Subject Of CPT, IPCC AND CA FINAL Of Best Faculty, So That Student Do Not Feel Any Need To Go To Coaching Classes And Total Cost To Study CA Course Can Be Decreased.

DVDs/MICRO SD CARDS OF LECTURES TO STUDENTS - ICAI Should Provide Free DVDs/ Micro SD Cards Of Lectures Of All Subjects from Best Faculty To Students So That They Can Learn At Their Convenience. Again, As No. Of Total Students Is 11 Lakhs, Cost per SD Cards of Lectures Will Be As Low As Rs. 500.

ICAI TV CHANNEL – ICAI Can Make A TV Channel Of Its Own To Help Students And Members To Learn Free.

INFRASTRUCTURE DEVELOPMENT - We Should Utilise Funds For The Development Of Infrastructure For Members As Well As Students Such As Branch Buildings, Conference Rooms, Libraries, Study Rooms, Hostels To Provide Better Amenities To Members And Students As Well. Again Such an Investment Yields One of The Highest Rate Of Return.

EFFECTIVE WEBSITE – ICAI Can Make A Website Like MCA So That Students Need Not Have To Visit ICAI For Taking Admission Depositing Different Forms Of Admissions And Examinations. Even A Complaint Can Be Raised And Its Status Can Be Tracked In Such Website. Such Website Should Also Contain The All Case Laws Of Relevant Laws.

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