ICAI needs Total change..

Priya (article) (503 Points)
Replied 25 November 2010

They only want Money from students... with limited no. of CAs joining the course..matching the demand n supply...and they wont change...thts for sure...!!!

2 Like

shinoj (ab) (1201 Points)
Replied 25 November 2010

CA is very good provided u clear it in 1st attempt as Fees very less n if u clear with ranl/first attempt life rocks..but we need to see majority failing in ca final..ICAI knows there is Limited demand for CAs but many failing n failing..many students of ca final don't know mere degree won't help in present its total personality..but june 2009,nov 2009 n may 2010 results r just miserable..ICAI should take those who have skill,penchant for tax,acconts tax,law..Government should intervene.....that it should understand all students..come may 2011 u should be shown answers sheets..that i think will create more havoc..taking limited students is only key ..no body mind if u enhance fees when pass is guaranteed..like IIMs,IITs..ICAI need to enhance employment by honing skills in wealth management,investment banking ..iProbably ICAI is the only institute in the world where Inputtting 100 units generate 3 unlts of final product..what a loss in conversion :)97% scraps have value as inputs or even less than that :)

Jithin (Learner) (1057 Points)
Replied 25 November 2010

100% true sir..Everybody at the helm of ICAI knows this truth but will not act for sure. If they make the entrance tough & ensure that only 3000-5000 students get to study this coveted course, then how can they get cheap source of labour in the form of articles. Will they allow this??

CA Sahil Singla.. (Service Tax ) (3746 Points)
Replied 25 November 2010

hey this is a professional course..ICAI is not cheating with us..result is low due to students only...i wish if Min. passing marks is raised so that only deserving candidates should pass the CA course..it's not like B.com & all that ..where u buy books 2 days before xams & pass the xams..if this has been the case then everyone would easily pass CA course ...n there will be no importance to qualifies CA's ....i appreciate ICAI's initiative for their role...

2 Like

shinoj (ab) (1201 Points)
Replied 25 November 2010

@ sahil

i don't critise ICAI but entrance be like IIMs/IITs only..why undeserving be taken at the first instance when they can do some thing else rather destroying their life..kab tak yeh money ka khel yun ki chalta rahega..IIMs/IITs take only limited students n all complete the course in due time..they r even much btter placed than CAs..even in finance IIM calcutta is supreme..ICAI should find some other way to earn money :)

CA Sahil Singla.. (Service Tax ) (3746 Points)
Replied 25 November 2010

Shinoj ..this is not the case at all....IIMs/IITs have limited seats..they can't afford to teach each & every one ...so they r having tough entrances..on the other hand our Institute is providing each & every one a opportunity to Take the CA course ..they r not testing the students like that...thay have some set standards...one has to follow them...n regarding money u must be aware that most of the CAT aspirants usually fill so many Entrance forms of various Institutes so that they can get selected in any one of them...n their no. is obviously much more than those taking CPT....& final selection is only of nearby 12000....is this not a wastage of money,,,??...

only deserving candidates should get the chance to follow the course in each & every field..n this is wat ICAI & others intitutes are doing...n u should appreciate ICAI for giving Professional degree in Just 4 years at the age of 21 or 22

shinoj (ab) (1201 Points)
Replied 25 November 2010

@ sahil..

actually many CAT aspirants already software engineers..get good salry n they try CAT..even if u do not crack CAT..they continue their job n earn too much..but who cleared CA inter can not clear ca final he has to work for peanunts..generally people write CAT once or twice ..ca finalist written by many over 10 times..then too late for doing anything :)at age 21/22 very seldom students clear ca.....many takes years to pass.....but by the way sahil

why Institute is providing each & every one a opportunity to Take the CA course?

if one can not complete it..institute has good standards..but many end up going n where..Govenment hsould do something...Lets have CAt like exam in CA..CPT is a big joke to create more money..

Preethy Mary Johnson ( ) (18 Points)
Replied 25 November 2010

I do not know much about the standard of CPT exams. I wrote the foundation exams, those papers were tough. I would agree that the entrance phase has to be tough as required so that people do not just jump into the course and continue upto 6-7 yrs with no certificate in hand.

On the other hand, for talented graduates who want to enrich their technical skills at a lesser cost , these courses are beneficials. Many of them may not be CAs from the exam point of view, but rich in experience and efficient too.

piyush (student) (33 Points)
Replied 25 November 2010

HI friends ....I would like to add some of my points to ur discussion:-

What I feel is converting CA exams or CA entrance into CAT like exams would definitely be disaster!!

So ICAI should definitely continue with the methodology by which it is working.....what important is the scaling part or in laymen's term the result game which they play with student's life....Definately there is a big problem which there paper checking methodology ...further controlling results makes things worst !!

ICAI should certainely look upon this aspect .....they need to increase the result cause what i have observed is CA exams are becoming more like a Luck factor rather then hardwork ...,.cause a person who is reading CA final would definitely put his Best in the same.

Further a fact file....This attempt there were 1Lac + students who appeared for CA final............If they are going to control CA results like this then the day won't be far when 6 digit no. i.e 10 lacs+= plus students appearing the exam would come...........Imagine now out of this 1 lac how many would clear ........and how the results will impact the students who failed the exam !!

Preethy Mary Johnson ( ) (18 Points)
Replied 25 November 2010

Paper valuation key or Pass percent, whatever be the base, adequate professionals should be made available, and with the skill sets required.

CA. Abhishek K. Pandey (Manager (Advance)) (901 Points)
Replied 25 November 2010

See, I haven't given CPT. I was gone for PE-I although I could have choose CPT. Now, the basic thing is that ICAI has lower its entrance but the way after that is tough. And ironic is that, students get to know that they may have choosen a wrong course, only when they are mid-way. ICAI's policy of shorting result may be justified, but then entrance should be tough as well.

shinoj (ab) (1201 Points)
Replied 26 November 2010

Yes ..but ICAI planning to conduct CPT every month very soon..they say acute shortage of practicing CAs..why ICAI can not make any indian company like big 4?many feels now its better to to do software enginnering course than CA coz over 2 lakhs get employment in a year not even 2 lakhs CA is 60 years!!..CA very tough n not best in salary..when any body stuck in between his fellow batch mate salary whos just B.com shoots to double his salary..ICAI should change its policy..

(Guest)

"50% fault of ICAI and 50% is fault of the students."

STUDENTS DONT STUDY.. AND EXPECT TO PASS.. AND LATER ON BLAME ICAI.. from the begining its clear that CA is difficult ..so one must be aware of everything.. I have seen many friend who havent clear their pcc still they study JUST 2 mnths or 1.5 mnths before their xams everytime. So with such plannings and dedication one cannot pass.. its simple.

NOW ICAI IS ALSO RESPONSILBE 50% BECOZ THEY HAVE MADE THE CPT LEVEL EASY AND AFTER PASSING CPT ..STUDENTS ARE FULLY ATTRACTED WITHOUT KNOWING THE HECTIC EXAMS AFTERWARDS i.e pcc , final , articleship etc.. THEY THINK IF CPT IS CLEARED.. OTHER EXAMS CAN BE CLEARED AS WELL.....

C.A. LINESH PATIL (CA) (910 Points)
Replied 26 November 2010

I also agree that entry must be made tough.ya we accept its CA exam not bcom exam so why u makes CPT easy.why its 30%-35% result of CPT.it means CA final student buy book 2 days before exam n CPT students study through out the year.even IPCC & PCC result is OK.

ICAI must make CPT tough then only you will get quality people at initial stage only.All the top institute of india exam has entry tough.

their concept is get quality then process that 100% quality to make them perfect professional.

but our institute is get every body and then process to make only 3% perfect professional.

Result % has gone very low in recent attempts.earlier it was on average 20%.

n u cant say institute always prepare good CA's,many of us know many CA's are working in industry as well as in CA's firm n they have not that kind of knowledge.

even many of us knows that there is a case pending of a CA final 1st ranker.