LETTER WRITTEN BY CA BHAGWAN LAL (A RENOWNEDFACULTY OF ACCOUNTS IN DELHI) TO ICAI

LETTER WRITTEN BY CA BHAGWAN LAL (A 

RENOWNEDFACULTY OF ACCOUNTS IN DELHI) TO ICAI

[MUST READ N SHARE]

Dear administrative friends at Board of studies,ICAI.

I have received many observations frommay2015 ca final exam students about thequality of financial reporting paper.

As per students opinion, paper was ok so far thethoughness is concern. But it is so lengthy thatis is impossible to complete in 3 hours.Then i decided to write the paper myself in exam condition.

I was surprised to see that it took 4.17hours to complete 6 required questions as per exam .I am a teacher from last 19 long years teaching accountancy to ipcc and final students on an average 6 to 8 hours daily . I was a ipcc and final rank holder of icai in my exams.

If a daily practitioner like me requires 4.17 hours then it is unfair to expect it from fresh frist time students. Please do not expect from all students to be a SUPERMAN.
Financial reporting is first paper . Its performance impacts all other subsequent papers.

I agree that to pass we do not require all 6 questions to complete. But it is easy to be said by you and me who are well settled in life.


Think from students point of view.
1. They have already spend 6 months for cpt , 1 year in ipcc and 3 years of article ship minimum,if all passed in first attempt.
2. Expectation pressure of family to be bread earners
3. Own ambitions to excel in life.And some many other factors like girlfriend's lastwarning to settle etc.It is not about one more attempt only , it is the frustration from self which hurts the students,sometimes for life. They reduce their expectations from life forever.

I think ca final students deserve better treatment than this. After all they are future of our profession.
Please make the entry as tough as you wish at cpt or ipcc level but do not frustrated final students. They have all ready suffered a lot. They need your helping hand nothing else.

I am proud of my icai, no personal complain. I just want to see our ca profession full of joyfuland enthusiastic persons and not a bunch of lifeless creatures.

Regards Ca Bhagwan Lal Team CA Junction India strongly agree with the views of CA Bhagwan Lal!