It has no requisite position in the new act is sufficient to say that it has no position correctly. Even in rural areas they hardly work as producer companies...generally they work as co-ops only.

wow, how vdid you study to get 60 in law??

Originally posted by : CA Rishabh Lodha
	Boys and girls, it was so obvious that after the 3 not so challenging papers, law was going to be the "Group breaker" for group 1 and "morale defeating" for group 2..Please lift yourselves up and fire punches in group 2..!! Cribbing about a bad paper wont help you.

Finally something sensible rathe r than the usual crying

1) A thorough professional never differentiates between important sections and not so important sections. We all shall be equipped to face any sitiation as professionals, be it exams or work and thats what differentiates a CA from the rest.

2) In future if you get a client whose case is based on such "REDUNDANT SECTIONS ACCORDING TO YOU" then will you tell the same thing to the Client which you all want to convey to ICAI??....Seriously!!!!!!

3) Who are we to decide what should be asked in the exam and what should not be? When ICAI throws an easy paper to you, how many of you stand up and say that it wasnt challenging and this is not the level of CA Final should be?

Folks, behaves like professionals. You are going to represent the whole CA fraternity in near future. Cribbing will only pull you down as a professional.

All the best for costing and Please cover all the practical illustrations given in the new module, otherwise tomorrow you will say "ICAI didnt give us the hint in RTP or Mock Test paper that they will ask all this"

Originally posted by : CA Rishabh Lodha

1) A thorough professional never differentiates between important sections and not so important sections. We all shall be equipped to face any sitiation as professionals, be it exams or work and thats what differentiates a CA from the rest.

2) In future if you get a client whose case is based on such "REDUNDANT SECTIONS ACCORDING TO YOU" then will you tell the same thing to the Client which you all want to convey to ICAI??....Seriously!!!!!!

3) Who are we to decide what should be asked in the exam and what should not be? When ICAI throws an easy paper to you, how many of you stand up and say that it wasnt challenging and this is not the level of CA Final should be?

Folks, behaves like professionals. You are going to represent the whole CA fraternity in near future. Cribbing will only pull you down as a professional.

All the best for costing and Please cover all the practical illustrations given in the new module, otherwise tomorrow you will say "ICAI didnt give us the hint in RTP or Mock Test paper that they will ask all this"

It isn't about the paper being tough. A paper full of questions that are complex and involve application of mind is welcome. The problem is with the paper being totally memory based, while in real life, mental memory's importance is declining due to technological advancements. If I don't remember a section instantly, I can read on it in a minute. What really matters is how well I can analyze and understand that law and assist client in it's application. A law paper should test how well the candidate can comprehend and apply legal provisions, not just how well he/she has crammed certain digits. The problem is with the fact that institute's examination system is not reflective of candidate's ability in practical scenario at all (for instance, people who've done nothing but auditing for 3 years and are excellent at it, are failing the subject. While the dummy articles who crammed standards and ethics word to word are scoring well). Actual talent and ability is not valued while cramming ability, writing speed and memory is.

The problem isn't with the fact that institute is being very selective and passing few candidates, the problem is that it's doing that on the basis of improper criteria. 

Originally posted by : CA Rishabh Lodha

1) A thorough professional never differentiates between important sections and not so important sections. We all shall be equipped to face any sitiation as professionals, be it exams or work and thats what differentiates a CA from the rest.

2) In future if you get a client whose case is based on such "REDUNDANT SECTIONS ACCORDING TO YOU" then will you tell the same thing to the Client which you all want to convey to ICAI??....Seriously!!!!!!

3) Who are we to decide what should be asked in the exam and what should not be? When ICAI throws an easy paper to you, how many of you stand up and say that it wasnt challenging and this is not the level of CA Final should be?

Folks, behaves like professionals. You are going to represent the whole CA fraternity in near future. Cribbing will only pull you down as a professional.

All the best for costing and Please cover all the practical illustrations given in the new module, otherwise tomorrow you will say "ICAI didnt give us the hint in RTP or Mock Test paper that they will ask all this"

Well said....

Exams are the only way to test who stands out among the crowd. If knowledge was the only criteria, then there are many CAs who have bookish knowledge but still are paid well enough whereas those who have good practical knowledge but couldnt clear the exam are struggling. 

Exams require you to memorise a lot of things and that includes numbers as well. You cannot just rely on pure law based questions and ignore the sections which require you to remember a lot of numbers.

As a student, you have to go through the exams and whatever sitiaution you are put into during the exams, you have to deal with it.

Exams are certainly not the reflection of someone's level of knowledge but certainly the test of nerves, temperament and ability to judge a situation on its merit. Overdependency on technology has certainly reduced our memory power and thats why students struggled in Law's paper. You cannot blame ICAI if you cannot remember numbers and if you think paper should be just based on application of law, then you are somewhere restricting you preparation and not preparing yourself for the exam.

Mr Lodha..even experienced professional read act before giving their opinion...dekho agar pdneka baat hai to koi bhi read kr skta hai....it is our application ability which is important and if u have observed most intl degrees give weightage for case studies than normal numericals. It is the ability to apply the learnt basics that are tested....sirf law pdke bolneme kya hai aise bhi law byheart sirf exam tk hi hta hai

Mr Joshi, Mr Gupta, Ms. Rhea

For becoming a professional you need to study and pass exams. but if you try to question the question paper, then God needs to be really kind to you. if you keep forgeting numbers,examiner will forget to give you numbers as well !!!

So dont be so kind to your memory and put some pressure on it so that you can pass the exam and then after becoming a professional, you can keep the act in your hand and dont remember the numbers..:P!!

Well said Rhea

Lodhaji, according to you, no section is unimportant and carry the same level of weight age as any other provision. Fair enough. However, what that is expected from a candidate according to ICAI is the command over the specific legislature. By command, we generally mean (Rule of Reasonable Construction :p ) the ability to analyse a situation and apply the provisions of the act in a logical and reasonable way.

The paper wasn't really seeming like something to test THIS ability of the student.

As you have rightly put, we are the near future CAs. So, we are ready to (and we need to be) face the tough challenges both in question paper and real life. 

But when the questions paper does not seem to have the standard we expect (not easiness, but the quality) we will give a shout out. Someone has to.

Not that it helps anyway, still that's a form of protest. Everyone deserves a right to be heard, right?

So Mr. Aswath Raman, if the quality of the paper is not upto your set standards then ICAI needs you immediately into their board room..!! Go and teach ICAI how to set a paper...you seem to be an expert exam paper analyst to have cracked the quality of the paper..!!

To all,

Lets do one thing, write a letter to ICAI condemning about the bad quality of question paper and ask them to set a quality paper and hold the exam again...thats fair enough, right?? And specially tell them to test your provision application skills and logical reasoning!! I think this would be a better choice than shouting out and protesting!!