It is a well known fact that ICAI's system of training is greatly flawed and too long. And now transfer ban has made it worst. We have seen in foreign CA institutes where there is no articlehip and even if there is it is max 1 year and it is after completion of theoritical part. ICAI boasts about mous signed with foreign counterparts but have they learnt anything constructive from them?
Even CS has less articleship than this. It would have been a lot better if the BOS had been directly answerable to CG and HRD ministry and they would not have been able to do dadagiri like they are doing now. Instead of changing syllabus and names of course; ICAI has to be revamped.
I am sure some "senior" broad minded CAs(not Vidyashankar sir; i really respect him) would start harping here "ICAI chalisa"; "Uttam agarwal ki jai" and "without articleship; students would be zero",Who says so?
Make articleship of 1 year after clearing final under any CA-practise or at industry. Managing students enrolment in industry would be possible as the passing ration would be smaller. This should be made compulsory.
But "sheths" of ICAI wont let this happen as that would stop supply of bhedh-bakri-mules in form of articles to them. Students passing final would be less and would rather take articleship under industry as that would pay more and would be more useful- 1000000 times better than licking feets of human traffickers.
CAclubindia
