WHAT IS THE FATE OF THE NEWLY QUALIFIED CAS...
AS WE ALL KNOW THAT THERE ARE LOT OF CAS YET TO FIND A JOB WHO PASSED OUT IN THE PREVIOUS ATTEMPTS?
I DONT THINK ICAI IS DOING ANYTHING TO REGULATE THE RESULTS, WITH THE NEW RTI , AND REVALUATION PROCESS, ICAI IS NOT AT CONTROLLING THE RESULTS... THE PASS PERCENTAGE IS GOING UP..
AS A STUDENT WE ALL THINK OF A GOOD PASS PERCENTAGE , BUT ONCE WE QUALIFY AND GET NO JOBS THEN WE REALISE THE NEED TO HAVE A CONTROLLED RESULT.
DUE TO THIS HIGH PERCENTAGE, CA IS STEPPING INTO THE SHOES OF OUR MBA PEERS..
OUR PRESTIGE AND PRIDE IS REDUCING..
LETS SEE THE RESULT OF PAST THREE ATTEMPTS.
FIRST GROUP % SECOND GROUP % BOTH GROUPS %
MAY 2012 25.3% 29.6 16.38
NOV 2011 25.5% 27.8% 15.78
MAY 2011 36.3% 26.7% 20.51%
IN MAY 2011, PRESIDENT RAMASAMY DUMPED LOT OF CAS INTO THE MARKET...............IN NOVEMBER 2011 THE PERCENTAGE GOT REDUCED, STILL THERE ARE LOT OF CAS LEFT UNEMPLOYED, AND MANY WORKING FOR A MEAGRE SALARY OF 15 K IN AUDIT FIRMS,
THIS ATTEMPT ALSO PERCENTAGE OF PASS IS ON THE HIGHER SIDE COMPARED TO PREVIOUS ATTEMPT, IT SHOULD HAVE BEEN LOWER CONSIDERING THE CURENT MARKET SCENARIO..
ELSE CA WILL HAVE NO BRAND VALUE, MARKET VALUE, WE WILL BE JUST LIKE ENGINEERS AND MBA S WHO LOST THEIR VALUE DUE TO OVER SUPPLY...
WHAT ICAI SHOULD DO TO REGULATE THE RESULT?
INSTEAD OF MANIPULATING THE RESULTS, WHICH WAS DONE BEFORE RTI CAME,
ICAI SHOULD INCREASE THE PASSING PERCENTAGE OF MARKS FROM 50 TO 55 AGGREGATE AND INDIVIDUAL OF 45 % IN A PAPER FOR PASSING..
IF ICAI DOESNOT RESORT TO ANY STEPS TO CONTROLL THE RESULTS , THE BRAND VALUE, PRESTIGE, EVERYTHING GONNA LOSE SOONNNN..
UR VIEWS ARE SOLICITED..
CAclubindia
