In my opinion, one more stage should be in the CA Exam to built the quality of CA and proud of Institute. This stage may be after Final stage. And the direct entry in IPCC should be restricted. The CPT should be for graduate. And for 12th passed student, the written exam like earlier PE-I should be.

The ICAI has more outflow of CAs in last 3-4 years. so in the market more CAs are available than requirement. Due to this many CAs are working in very small firms or on very less package and also doing the job as a normal accountant like B.Com. The ICAI is doing unfair. It has passed earlier in more quantity and now reducing the more. In last attempts, many candidates has been became CA who were not eligible for that and they are degrading the CA profession. This is mistake only of the Institute, not of any. I say they (who were responsible at that time) should be punished under code of ethics for cause to degrading the CA Profession and the Institute. 

Apart from these, a annual exam should be for all members to retain as member of ICAI. If anyone does not pass this exam then his membership should be cancelled.

Originally posted by : CA SURENDRA KUMAR RAKHECHA
	If the FIRST RANK HOLDER gets only 55 marks in Financial Reporting and 56 in Auditing (which are the CORE SUBJECTS OF CA); then one can imagine what is the position of the rest of the students. . My point is : . Whether LOW MARKS in core subjects scored by the first rank holder shows a GOOD PICTURE of the PROFESSION? . (Many more issues have raised in my mind but can't write here). . Still I can't stop myself to write some of these: . 1. If the core subjects are not the choice of the students after joining CA; then what is the need of doing CA? . 2. It also shows lack of REMUNERATION in core subjects. Further AUDITING is not in the REACH of MAJORITY OF CAs despite having qualification in their hands. Hence it is losing charm. Morever, responsibilities are greater than remuneration. . 3. The slogan "CA PROFESSION IS FULL OF CHALLENGES" doesn't attract the mass now. When other options are avaialble without facing undue challenges; then who would be ready to accept them?

Ancient Scientist Gallilio and Great Mathematician Ramanujan were not having any QUALIFICATION (DEGREES).

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In today's era also; many are awarded honorary degree of the universities for excellent work in their field.

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I wish to establish here : DEGREE IS NOT IMPORTANT....THE TRUE KNOWLEDGE IS IMPORTANT.

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It would be TOUGH to accept by the students because their immediate question would be : Then for what sake they have joined the course?

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There is a BIG difference between CAREER and QUALIFICATION.

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Mere qualification doesn't make bright career. I have wrote earlier on this site that : QUALIFICATION IS THE GATE PASS TO ENTER INTO ANY ORGANIZATION/FIELD.

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Ask yourself in which SUBJECT you find yourself easy and interesting. If none of them is there; leave the course right now. There are many options available in this world. All people are not earning with CA qualification and still one can't claim that they are not earning well.

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A property broker (without qualification) earns more than a common CA.

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How is it possible?

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He practically knows which areas are likely to be developed in and around the city, which new TP (town planning) has been declared, which mall and schools are coming in that area and.... price variations gives him vision to choose the right properties and suggest his clients to purchase.

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A successful estate broker doesn't wait for a customer......he always tries to find an INVESTOR. And he finds so very easily....... because  who doesn't wish to earn money?

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This is just an example to think OUT OF THE BOX when you puruse a course.

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Please don't misunderstand that I am suggesting to leave the profession now. If you really wish to qualify; you may qualify....but their must be ENTHUSIASM to do so....I am not in favour of HARD WORK......The words Hard Work itself is horrible. 

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But of course; who have interests in reading more and more in addition to the study materials and text books i.e. professional journals and magazines; A SURE CARE IS THERE....MAY BE YOU POSSESS ONLY A GRADUATION degree in your hands.

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All those who clear CPT are not necessarily joining the CA course. Many register and appear for the exams since its an objective based test and easy to clear. They go on to do law, management etc despite clearing CPT. 

The CA final results pass percentage keeps varying so much that it's difficult to get an exact 'full pass-through' percentage. That is, how many CPT students finally become CA. By the recent example if 40% pass CPT, then say 10% pass inter, and then 3% pass final, the pass-through is 40 x 10 x 3% = 1.2%. 

Historically its difficult to get a guage on CA institute's passing policy. No point in crying foul. CA council retains full rights to decide the policy. Students should feel free to pursue other courses such as CS and ICWAI or MBA if they need to. 

Sir, ur article is really enlighting....I agree with u completely...:)

Inspite of agreeing on the point with sir, that the entry requirements to the CA course, needs be tightened up.I do not agree with him when he uses the phrases, which convey the messsage to a normal reader, that the ICAI is controlling the  pass percenatge.

It is us, the student community( me included) for adopting the unprofessional, out dated and childish approach towards studies. I dont think any student who has put in the systematic and regular hard work would any level of CA exams.

@ Venkatesh, pl see my pm.

Mr Rakecha - As a fellow CA may I request you not to be opportunistic at this point and blame ICAI and garner the attention of CA students. You seem to be a person who is trying to cash-in on a sympathy wave that you think might be generated by writing ill about the institute. Are you trying to advertise that you can provide proper career counselling to CA students? As members we have better forums to raise these issues. Your message reeks of publicity towards yourself. If you are genuinely concerned, write to the council and remove this 'advert' from here. Don't play with the gullibility of students.

It's quite evident that you are selectively presenting statistics of years when pass percentages were high and ignoring other years.

Originally posted by : Ashok
	Mr Rakecha - As a fellow CA may I request you not to be opportunistic at this point and blame ICAI and garner the attention of CA students. You seem to be a person who is trying to cash-in on a sympathy wave that you think might be generated by writing ill about the institute. Are you trying to advertise that you can provide proper career counselling to CA students? As members we have better forums to raise these issues. Your message reeks of publicity towards yourself. If you are genuinely concerned, write to the council and remove this 'advert' from here. Don't play with the gullibility of students. It's quite evident that you are selectively presenting statistics of years when pass percentages were high and ignoring other years.

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I have already shared by views published at caclub in VI parts.

/articles/restructuring-of-ca-profession-part-vi-17872.asp#.UuPxP_vhW1s

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The suggestions have already been sent to the ICAI on 31-01-2013.

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ICAI is not listening at all despite giving several suggestions. It never even acknowledges the suggestions given by its members. If anyone....yes...anyone has received any acknowledgement from the ICAI so far; one can share here to prove me wrong.  I would be happy to note it.

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Regarding publicity; you may feel like so. Everyone is adopting it. Even good products need advertisement. This is the world of PUBLICITY. Due to development in infotech; one can share his views with thousands in short time. Every site is doing so to attract mass and generate revenues through advertisement.

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Although I have not shared MY FEELINGS for this purpose....however if thousands of members have seen this post; means they have liked my views. Exceptions are always there....and these can't be accepted as RULE.

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It is my feelings that CPT results must not be extremely higher compared to results of CA Final. Those who are interested to pursue CA; should do TOUGH NET PRACTICE at initial level to enter in the course....may it take 4-5 attempts. 

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Present 37% CPT results compared to CA Final results are not desirable at all : it's my opinion.

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Ask those students who are struggling for years and also ask their parents what they feel. Majority of the students would say : They have been TRAPPED.

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Can't we make better strategy to accept entry of 3% at initial level so that final results be 37%? If we select some students at initial level; means they are eligible to qualify. New comers in CA profession can't imagine the toughness of the upcoming subjects because at the time of passing CPT they take it as PMT or CAT.

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On various topics related to the profession; you may refer my posts at caclub. Some articles and forum posts are related to the CAREER.

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CONTROVERSY :

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From one of your article (ONLY ONE); I have come to know that as per your wish ACCOUNTING must be simple.

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Your views about ACCOUNTING is altogether different than what ICAI has implemented :

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/articles/let-s-keep-accounting-simple-19211.asp#.UuP0RvvhW1s

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I also agree that accounting should be made simple....but God knows why professional bodies want to make it complicated and lengthier day by day.

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But those who think that accountancy should be simple; can't argue that CA Final course must be the TOUGHEST (at other forum; you have contended for so). 

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THE SIMPLE LOGIC :

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If entry is made tough; students will automatically take it very seriously.

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Right now students prepare themselves for 2-3 months to appear in CPT exams....and due to higher results; they get it clear.

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Is it desirable to give them entry in the course like CA in this manner?