Dear freinds,
Congratts to all who became Chartered Accountants today.
May god give you happy and prosperous life ahead.
But I want to say something also to those students who didnt cleared this time.
As we all are aware of the passing percentage for past few attempts. It is decreasing drastically from last 3-4 attempts and this time it was 3.46%, a pathetic figure for CA Final students who gave May 2010 attempt, and also for those who are giving attempts for last 3-4 atempts but didnt cleared this time also.
If this is becoz of economic recession or slowdown, or may be becoz industry cannot absorb sufficient CA's, then why should only we bear the consequencies.
Institute is decreasing pass percentage every attempt at final level to regulate the release of CA's, but as per my opinion this is not the way to balance industry's demand for CA's.
A student, who has spent 4 or 5 rigourous years for reaching at final level is blocked at the final level for so long, it is not good for future of this industry. It feels like cheated for the students who are studying hard and working in harsh conditions so that one day they will become CA.
If regulating the release of CA's is the only motive of institute, then why should it be at Final level, why not at the entry level itself. Institute should make these barriers at the entry level by incerasing the required percentage to become eligible for this course, so that student could decide at an early stage whether he should opt for this course or not, instead of demoralising at the final level, which is a point of no return.
I m writing all this to make you all think on this issue. It is my personal opinion, it may not be acceptable to many of you. Thats why, we'll have further discussions on this issue depending upon the replies posted.
Everyone who read this is requested to post some reply on this issue.
CAclubindia
