Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 25 February 2020
No.CA Final is completely different.Unless you make a hard effort , you can't come out from CA Final either old or new syllabus.
New syllabus has advantage due to open book system for paper-6.You can take your book and you may copy from the book.
It's a drawback to CA Course.Openbook system may tournish the ICAI standards.
But ICAI is always ICAI .It has its own strengths.3 years articleship make person zero to hero.
But few improvements required:
Many poor people spoiled their life due to ITT and orientation.Few may have to loose their coaching classes.ITT and orientation doesn't give fruitful result.
Especially from Vijayawada-Many people expressed their opinion on ITT and orientation that it almost spoiled almost 10000 students life.They may have to lose few regular CA classes and there is lot of diversion due to ITT and orientation.
Only articleship alone helped many students to improve skills.
ICAI should look into this and remove / discontinue all other courses like ITT, Orientation and GMCS.
Articleship is better improvement than ITT, Orientation and GMCS.
I know ICAI doing many good things for students and lot of effort from free laboratory , efforts in conducting exams on all India basis.Its not a small thing.Everyone should remember.
But ICAI should look into it and discontinue few courses which may become financial burden for few students and distraction for many students and GMCS becoming a course to choose life partner.So there is no much use from this time wasting courses.
One more thing many complaints received from student while conducting job interviews for CA discontinued students that the banks are not giving loans to CA Final students.Hope there is MOU with few banks but no use.