This debate will be carried out on following Assumptions :-
1). The
Manhood.
2 ) As Doctor’s are Care taker of Physical health of People of Country in the
Same manner C.A’S are Guardian of Economic ( Coorporate ) well being
of a country
3). To succeed in a profession Practical knowledge , Tricks of the profession are
Equally important than Theoretical Knowledge.
4). Personality of a Person plays a deciding role in contribution of that person into a
Profession.
Let us Begin
When an CA is working in capacity as a Auditor he is performing the Role of a Judge making judgements of the facts reported to him or investigated by him.
When an CA is working in capacity as Consultant He is performing the Role of Lawyer by Safeguarding Client’s Interest.
To be a Successful Lawer one has to do Graduation then Three year L.L.B and after that He works as an Assistant under a practicing Advocate then he gets the confidence and gets his First Appearance in Court.
To Be a Judge One has to clear Exam after certain Period of Practice in court I am not sure about this.
Now coming back to CA profession which is unique in many way It prepares an person to be a Executive, Judge, Lawyer, Manager, Educationist in Society.
Earlier Scenario :- Before Introduction of CPT People First used to do their Regular College Graduation and after that would Join CA course. They used to do articleship under a CA and simultaneously prepare for their Exam, Life was tough. Average Age of Clearing CA was to 26-27.
Positive Points of Scheme – Only Serious, Learned Mature People who were most inclined to go to Practice used to join the profession.
CA students Joining course were coming through a Regular Course till graduation having Matured Personality
Due to input of Matured Graduate Students focus was on self learning instead of Spoon feeding in Coaching centres.
Negative Points – As Pass percentage was low there was little chance for a student to change carrer as he is already in advanced age.
Profession was not popular among masses especially in elite Metro Students.
CURRENT SCENARIO
Before Going Further We have to understand Current Public School Education system in
Since Childhood to 12 th every thing is certain , planned by Parents and school , from boarding the bus to school and coming back from school through School Bus, No activity has element of uncertainty. Every thing is fixed so child does not learn. His learning does not get enhanced in absence of newer , tougher situations which demands Maturity, Courage .
It is only in College where he gets the Freedom and learn the nitty gritty of Society and art of Survival in the world.
Introduction of CPT
Postivit Factors – All the negative of earlier scheme were corrected, CA course become Popular and become Main stream Course, Revenue of Institute increased.
It attracted the Best Non science students of Good public schools or those who could not made to medicine , Engineering but have potential.
At the Young Age of 21-22 people started becoming CA Comparing themselves with M.B.A in return
Negative Factors - Most Importantly it Depreived Students of Benefit of
If one is dummy he is sitting in home after 10+2 and just daily visit to Coaching Centre is his interaction with world, These students does not fit to be a judge or lawyer at the age of 21-22
They are just fit to be a Mangement Trainee in a MNC
At a time when Coorporate crimes are getting difficult each day to crack remember Satyam, How many lifes have been wasted in scam which comes every 3-4 years,
Companies Blance Sheet shows erratic fluctuation even in A Group companies
Profession’s Image downgraded, In the manner it is no longer a Post Graduate Course at Par with M.D or P.H.D Level but equivalent to B.TECH even lower the M.B.B.S ( 5.5 Year ).
At the time where Company Managements are showing trunover in crores It is amusing that these kind of People are certifying their Balance Sheet who have yet to learn to walk independently or to buy their first monthly grocery or yet to found out source of their mother dairy Milk . Straight from prison of School or Mamma’s finger to a Judge deciding authenticity of millions. .
C.A Profession is not profession for Bookish Knowledge only it must emphasis an Mature Personality with lot of Experience of Real Life. As Soliciters or Judges have.
As per my view Introduction of CPT has the same affect as launching of IPL in Cricket. More revenue, Glamour, Popularity but less Substance, quality in Output.
PLEASE REMEMBER ALL OTHER PROFESSIONS ARE OF REGULAR STUDY COURSE WHERE A STUDENTS GET ENOUGH EXPERIENCE BY LIVING IN HOSTEL FOR FULL FOUR YEARS.
SUGGESTION – I suggest only People with Graduation should be eligible to do Article Ship Just like internship in medicine. and Academic part of Course can be performed at the time of Graduation itself. So People does not miss their regular Education in this way. And they will be recruited as employee after Graduation.
This will take care of both scenario earlier CPT and Post CPT.
C.A DEGREE TO BE AWARDED AFTER COMPLETION OF ARTICLE SHIP OF TWO YEARS COMPULSORY AFTER GRADUATION AND CLEARANCE OF INTER FINAL. THIS WAY COURSE DURATION WILL BE OF 5 YEARS
03 YEARS – REGULAR STUDY GRADUATION + CA COURSE
02 YEARS - ARTICLE SHIP AFTER CLEARING ABOVE
Any taker
CAclubindia
