Icai checking in reality

This query is : Resolved

Querist : Anonymous

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25 September 2014 https://www.facebook.com/photo.php?fbid=1503305569915096&set=gm.1556456984575761&type=1&theatercheck%20above%20link..

Nikhil Kaushik

Nikhil Kaushik (Expert)
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25 September 2014 sympathize with the issue but little you can do...you cannot sue ICAI for not giving marks on the basis of suggested answers...the examiner is not bound by the suggested answer...

Querist : Anonymous

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25 September 2014 its all the ca student problem. eventhough the answers are from icai study material and also 100% right,icai is deducting the marks like this.Due to this the ca students year got wasted

Nikhil Kaushik

Nikhil Kaushik (Expert)
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25 September 2014 well ICAI, as per rules have the right to restrict the number of students passing the exam. the regulations are in public and students should be aware of the same while entering the course

Querist : Anonymous

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25 September 2014 its true but due to this student get frustrated and it has many reasons like:-
1)mental stress,2)parents getting angry,3)relatives problems,4)negativity abt studies 4)eventhough sruggling a-lot and capable of it and also writing accurate answrs but not passing,etc,etc
how to get out of it
i think icai should do smething for it

Nikhil Kaushik

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25 September 2014 well yes...ideally ICAI should removing the absolute passing marks system.

just state that top 2% students will be passed..as simple as that...

Querist : Anonymous

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25 September 2014 due to this many deserving students get frusrated with failures by and quit the ca and some also get negative opinion abt ca

Nikhil Kaushik

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25 September 2014 well you should be prepared for long haul when you want to clear one of the most difficult exam in the country....its survival of the fittest..those who quit, quit...

Querist : Anonymous

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25 September 2014 well according to you what to do join other course or struggle for ca? some are lucky that they got passed with good marks even not by stuggling hard and after geeting job they don't know anything.here's come the luck factor also and what abt deserving students who got fail b'coz of poor checking and hard luck?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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25 September 2014 i dont believe hard working good students fail...do you see anyone complaining about failing in CFA despite so many people failing in it? problem is that due to very high passing percentage in past years, students have start feeling that CA exams are easy and everyone should pass.

Honestly, how many do go for CA without coaching...most of us believe that coaching is sufficient:)

Querist : Anonymous

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26 September 2014 i also got info from someone that icai ca exams pass % are pre-decided accorting to jobs and market conditions?

Nikhil Kaushik

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26 September 2014 that is the whole point of giving ICAI that power...to control the number of chartered accountants as per demand...it was only foolishness of a few ICAI Presidents who raised passing percentage upto 30%...that created a glut in the market resulting in fall in salaries and created a pool of unemployed chartered accountants..

Querist : Anonymous

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26 September 2014 so in this case one should quit ca then na?

Nikhil Kaushik

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26 September 2014 well if you feel you be able to clear, the why not....I see it this way...lets say ICAI wants only 2% to pass, then the top 2% will be cleared and rest will be failed...it all depends on whether you can be that 2% or not

Querist : Anonymous

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26 September 2014 ok then one of my friend has got 134 in ipcc group-2 in may 2014 exam and he is not satisfied with the marks so he has get for re-verification but till now results has not come its showing "application received and under procces" its one month and till now its showing this only and according to u whats the outcome of his results after re-verification his all paper of group-2 has got best and one more thing he has cleared group-1 in may-2011 itself in second attempt and he his now in last year of articleship

Nikhil Kaushik

Nikhil Kaushik (Expert)
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26 September 2014 well it takes 6-8 weeks for the application for reverification to be disposed off.

See this is a personal call. I personally know a person who wrote 25 consecutive attempts and then cleared CA finals..

So you gotta choose...quit and slog somewhere else...or slog here and clear CA.

Querist : Anonymous

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26 September 2014 ok but can he will pass in re-verification

Nikhil Kaushik

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26 September 2014 many people have...will he or not depends on whether there was any mistake in checking his paper in the first go or not..

Querist : Anonymous

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26 September 2014 he has confident that he will be passing in re0verification and he has not filled the nov 2014 exam form?

Nikhil Kaushik

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26 September 2014 well seems your friend is a risk taking guy...so best of luck to him...