CA FINAL COSTING AND MICS NOVE 09

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ARKA

COMMERCIAL MANAGER

70 Points Joined May 2009

Hi, I sat for Final Group 2 in November 09. They gave 8 costing problems and some 6 theories to do in 180 minutes. Simulation problem had 40 entries which took minimum 40 minutes. This left 7 problems and 6 theories to be done in 140 minutes. On an average reading a costing problem and doing it takes 20 minutes. Going by that, where was the time. I challenge the paper setter, the President and all other past CAs to do this costing paper in hall condition in 180 minutes. I bet that none of them shall be able to do it. On an average I do not think anyone would have done more than 70%. Same with MICS. 20 questions all theroy types to do in 180 minutes. What does the Institute want. No one passes? This means what? Existing CAs are all bogus and only the ones who shall pass out now shall be brilliant? There is no justification in taxing students like this. Make entry level strict to weed out average students at the start. That also they wont do. They want money to flow in as well. God knows what the Institute currently believes in and where its going. But one thing is sure -- this is not the right way. Any responses please!!!!!!!

Replies (3)

Vinay Ramachandran

Chartered Accountant

168 Points Joined October 2007

hi arka,

i agree with u....the costin paper was absolute rubbish.....

the simulation question deserved to be 15-20 marks

it wass too lenghty n becoz of tht i tried to finis as many marks as possible n compromised on quality of my answers.....

well.....wht to do....

thts life ....

im gonna relax for a few days n then plan my 2010 exam plan of action coz i personally thnk tht rather thn feelin sad for my performance i can probab prepare for 5 monce for may 2010/rather thn 3 monce...

remember....har haar ke baad jeet hothi hai

aur har november ke baad may aati hai...

cheers...

best of luck...

CA.Sridevi

Partner

878 Points Joined February 2008

Dear Friends,

I agree with your points friends. but i want to share one thing with u.

I wrote my first attempt in Nov 2008. Accounts Paper is very lengthy paper and many questions are bouncer. i could attend only 65 marks. At the time i lost my hope and got angry with institute, faculty and Course Structure. Obviously i am also failed in that attempt

But we have to note one more thing that is....

Many of my friends are failed. but other side many persons got rank. one boy got mark more than 90 in accounts paper.

So don't find fault with others. May be Institute is wrong. but just complaining about institute should not solve your problem.

First think the points which u have to improve and try to change urself . Dont except others should change for u.

Just i shared my experience with u. don't get angry. Last attempt only i got promotion from student level to member. so i understood your problem well.