With the extreme speculation about the results of CA Examination
held in November 2010, ICAI announced a fair pass percentage of
10.79% in CA Final Course and 9.33% in CA Final (New Course). Comparing
it with the results of May 2010, which went as low as 3.46% in CA
Final Course and 6.56% in CA Final (New Course), November 2010 results
looks quite satisfactory.
The argument still continues as to why CA pass percentage remains
so low and the discussions at CAclubindia Forum gives us an insight
of what might be the probable reasons.
There is something very inspiring about all the toppers of November
2010 CA Final Exams. Dimpy Jindal, CA Final (New Course) 1st rank
holder was also a topper of PCC Exams held in Nov 2008 and 7th rank
holder of CPT Exams held in Nov 2006.
Sujay K.N. and Nitin Gupta have bagged the 1st rank for themselves
in CA Final Course, November 2010 after two and one unsuccessful
attempts respectively.
We interviewed the toppers and tried to figure out what made them
stand out in the CA Final Exams held in November 2010.
CA Final Course - 1st Rank Holder.
Sujay K.N.- A CAclubindia member
From
a very modest agricultural background and with the determination
to achieve what he has aspired for makes him the most inspirational
merit holder of November 2010 CA examination.
“I had come to Bengaluru from a small town in Karnataka, completed
my graduation and then decided to pursue Chartered Accountancy course
and do my practical training along with coaching from bengaluru
only. It is not easy to stay away from your family and pursue such
rigorous course. As this was my third attempt, after the unsuccessful
Mission Nov’09 & May’10, there were times I felt I couldn’t do this
anymore. Going through the same books again and again, solving the
same problems repeatedly and still not clearing my exams increased
my frustration at times. I needed moral and emotional support every
now and then; my family was the only source of it. I couldn’t be
there with them but whenever I felt low and uninspired I use to
call them up and discuss my problems. My parents were very kind
and never pressurized me for anything.”
“I took coaching for all the subjects and use to manage my timings
with the training so that neither suffered. Coaching is not a very
necessary aspect I believe but because articleship has to go hand
in hand its quite useful if one is acquainted with the subject matter.
Study Material, Coaching Notes and Reference Books can surely give
a fair idea about the subject matter therefore one need out follow
the herd and decide for themselves whether they actually need coaching
or not”
“Online Coaching could play a vital role in today’s education system
especially in Chartered Accountancy Course where students need to
attend college as well as practical training. Best faculties from
anywhere in India will be available for students even in remote
areas of the country.”
“Speaking about Practical Training which is compulsory for CA students,
I suggest students to take this very seriously and not go for dummy
articleship or any malpractices of such sort. Only practical training
can teach you to inter link different sections and case laws in
Legal, Taxation matters. A thorough insight on taxation, legal and
audit matters can be acquired with the practical training.
“Where was I going wrong? I was covering the entire syllabus; I
knew the page nos. with respective content by now, then what was
the mistake? I needed answers to the above questions and concluded
to concentrate on a different aspect in this attempt. I worked on
my presentation by thoroughly going through the Suggested Answers,
Practice Manual, Study Material and Compilations. I also found that
while writing in my examination I couldn’t connect the sections
in law and tax papers because of which I scored very less in these
papers. For better understanding I also tried solving Practice Manual
of new course for relevant chapters in old course. While preparing
for your exams the number of hours does not count, what actually
counts are the effectiveness, efficiency and capacity of handling
pressure both mentally and physically.”
“Just before the examination day I flipped through the entire syllabus
at least once so that I could recall every small point of the subject.
Students usually neglect the theory part in practical subjects.
I would suggest them not to understate the theory questions as these
can actually give you a good score. Allocate your time question
wise during examination, this will help you finish your paper on
time and devote equal attention to all questions”
“If suggested answers could be published just a week after the exams
get over, this could really help the students figure out their mistakes.
Also if a broad guideline on evaluation could be published by the
ICAI, students could fair better in exams.”
“My Mission from here is yet to be decided. There are options like
teaching, practicing, getting into the industry or continuing further
studies. Few aspects on which I still need to work on are the soft
skills like communication, personality development as these take
you a long way in your career. I’m still confused but will surely
figure out soon the road I would like to venture on.”
The words of Swami Vivekananda "You are the creator of your destiny"
and Dr. APJ Abdul Kalam "Dream is not what you see in sleep, It
is the thing which does not let you sleep" have always kept me motivated.
We hope and wish that he would make a big difference to this
professional fraternity by his simplicity and determination.
CAclubindia
