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Result is important day for every person who gives exam.
It is more important when it is "CA final result"...
Result is important day for every person who gives exam.
It is more important when it is "CA final result"...
Today ICAI announced CA final nov 2013 results which shocked me and other students as well.
Just 3.11%
result for both groups....(and as far as I know it is not quality control)...
No
transparency in the process, no clues about qualification of the checking
personnel, some people have been downscaled with more than 50% from the expected
score, some people that I personally know who are ineligible to become a CA
have cleared .....what we can see is ”BLOODY LOTTERY SYSTEM”....or First IN
First OUT....
I am unable
to figure out that what ICAI wants...more than 10% result in some attempts then
trimmed to 3% in next...If institute wants to maintain quality control why it
is not seen in all exams...
Now lets see other side of
profession:
Why some CA
not even know difference between WIP in stock and WIP in capital assets...
Why some of
them are not aware of things that are to be treated as inventory....
Why some CA
are working for less than Rs20000 per month...
Why some
people become CA without having practical knowledge...
Why in some
CA firms....articles are teaching new CAs...
Where the hell is
quality control..?????
It is easy
for institute to pass candidates under control in CA final exams but even
this exam does not have quality control..what 3.11% result shows is quantity
control.
What I have
heard is “what percentage of result institute has to announce is pre decided and only
officials at higher level has information of same.
I am not
saying this is not proper way “OK they want to control quantity of CAs” but why
this is not done along with quality control..
I have some questions/suggestion:
Have exams of CAs members on regular
intervals of 2-3 years to check the quality, temporary withdraw their
membership to check “Quantity”.
Do that annoying downscaling there.
Even lazy and corrupt govt.
Departments are known for their internal exams for promotion..why institute
does not organize same to promote a member from ACA to FCA..”Have that quality
control at this stage also”...
WHATEVER I have mentioned is
completely logical and practical....
a) A doctor studies MBBS , surgery
procedures , human body etc. it works for entire life.
b) An architect having knowledge of his field, is
useful for his entire life without any change in rules.
c) Engineer study Law of Physics,
chemistry that cannot be changed till end of world.
But in life of CA corporate laws
changes or amends, Tax laws changes every year, even new methods of accounting are
introduced frequently in Guidance notes...
“THAT means quality and quantity
control is important even after someone becomes CA member”
Now only institute can answer or
debate on this matter why the qu a n t i ty control is suffered by CA Final students
only..
Why they do not maintain quality with
quantity..
NO IDENTIFIABLE BASIS, NO
RELIABILITY, WHO CAN GUARANTEE THE QUALITY,
WHO CAN GUARANTEE A GOOD PROFESSIONAL FUTURE
(‘Be there with me to track my posts regularly subscribe your
mail ID’)
Comments whether in favor or against will be appreciated.
You are absolutely right. Good knowledge of subject does not guarantee that you will get through CA exam. The results are extremely dicey. How answer papers are assessed is doubtful. Those passing CA exam do not have fundamental knowledge of accountancy, commercial law and Income in most of the cases.
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