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.
Nitin Gupta
From
a business family though, Nitin displayed a very scientific approach
towards studies, which actually grabbed my attention. What inspired
him to take up the Chartered Accountancy Course are the analytical
and technical skills you need to possess to lead a professional
career of this esteem.
“I had no coaching at any point of time in my life even for Chartered
Accountancy Course. I believe in using analytical skills while studying
a subject to have a clearer and thorough understanding. Self-studies
can really prove beneficial but undoubtedly its more time consuming.
Like for example, if you are doing a chapter yourself it might take
you 4-5 hours or even to understand the concept but the same can
be done in 1-2 hours with coaching. But there’s nothing to beat
your own struggle to understand things.”
“Also while going for Online Coaching or coaching of any form, its
very important to have one to one interaction as your queries need
to be resolved for better understanding. If you are doubtful about
a point and could not clarify it there’s no way you’ll be able to
understand your subject well.”
“Articleship is also an important aspect for completing the life
cycle of a CA student. There’s a difference that one can find in
a student who have done his practical training thoroughly. Practical
training and Theoretical knowledge both has equal weightage in making
a successful Chartered Accountant. The new course is much more scoring
and objective and requires practical approach to score well. With
this updated course the quality of this course will also see new
heights.”
“A professional degree doesn’t ensure that you are intellectual
nor does rank matters after a point of time in this profession what
actually matters is your conceptual clarity and analytical skills.”
“This was my second attempt and I made it a point that I’ll make
up for the mistakes I made in my first attempt. I went through the
suggested answers published by the Institute very thoroughly.”
“The scope of a Chartered Accountants work does not only include
accounting, auditing or financial management but envisages critical
aspect like Tax management, Project Funding, Consultancy etc. hence
it is very necessary for a Chartered Accountant to have wide knowledge
about different businesses to get an edge over other professionals.”
“I suggest students to use their analytical skills and question
themselves while studying their subjects. The publications by ICAI
can be very beneficial as to understand the presentation and also
the answering pattern in theoretical subjects.”
“I desire to pursue professional course in Finance and Actuarial
Sciences for a year or so and then may be join the industry.”
“In 1930’s during the Great Depression of American Economy, the
power of commerce was defined- It can destroy the world without
a single weapon. I completely stand by this statement and believe
in the power of commerce.”
We wish Nitin a bright and prosperous life as a Chartered Accountant
as this is just the beginning of a professional career!!
CAclubindia
