People are good and people are brilliant. It all depends upon interest. If CA was as easy as BCOM everybody would have passed. Just testing a few students is not going to be enough. Coaching class's revenue generation rests highly upon their performance(passing maximum amount of students). They are logically more interested in getting students passed in lesser time and if they would not follow this method they will soon be out of business. Believe me, I have seen a lot of people talk about our profession with pride and simultaneously criticizing it for some insane reasons. I myself hate ratta but the thing is that this method brings success in almost all careers and do not forget that it takes a lot of time and hard work to be successful by this method. I would certainly not call it smart work though. People who keep looking at others are the ones who are left behind. I therefore, would recommend you not to go in the thick of things and just enjoy your life. Don't you think life is too short to worry about what others are doing(if that is bad for them).
In any case, I feel that, to pass CA you should have both qualities i.e.(RATTA + DEEP STUDY). I don't know if people can pass by following just any one of those strategies and if they do(quite unlikely) they deserve to pass if they are so intelligent.
I have heard people lamenting for having failed in their favourite subjects but deep in our hearts we know that they have missed something that was required.
Somehow I found your post a relatively negative one due to this line:
"I have seen many of junior that they are in CA final but they have bundle of conceptual errors.which also brings working performance down."
Correct me if I am wrong but these lines show some jealosy. Buddy take my advise and stop judging others in the name of falling standards of ICAI. Believe me, this jealosy thing is hazardous for any person and I have experienced it with myself and others. Think whether the best member of this forum would have used such language-NEVER.
funny example-Once when me and my firends were having a friendly chat, one of our friends suggested that all the current CAs should be made to give exams so that their levels of knowledge will get exposed, we all joined in and laughed. One boy who was also present there was just silently laughing. He was the only boy from our group who cleared CA Final in first attempt. He was earlier not like that but he learned from his mistakes and tried to avoid committing those again.Three failures in PCC taught him.
We all go through negative phase of thinking in our lives and its better to make that phase as short as possible. I hope my words would have a postive effect on your thinking. I wrote this mainly for your benefit and for people who try to judge others. Remember only the most humble person would be able to enjoy being on top.
If you think that I am wrong just reply that "YOU ARE WRONG and I will be in complete agreement with you.