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Final - old or new

ajoy k n (business) (25 Points)

24 February 2020

I want to complete my CA. I last appeared in 2006. I am eligible for both - old and new course for final. If I prepare in old course, I am exempt from AICITSS (4 weeks Advanced IT course). Can I prepare for both groups so as to appear in November 2020 and clear it?

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3 Replies

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 25 February 2020

I think Nov 2020 is the last attempt under old course .If you want you may try.. Conversion to new course is not a big deal..Try and check your luck.

Old course has ISCA only 8 chapters but you must need lot of revision.

ISCA has expert knowledge about software development & system related.But people who taught the ISCA don't have the practical knowledge and students face difficulty in understanding the subject.So the ISCA subject is criticized by many people from the categories of students, qualified people & other stake holders.

ajoy k n (business) (25 Points)
Replied 25 February 2020

Is it true that first group in new syllabus is tougher compared to that in old syllabus? Moreover, the percentage of candidates passing first group in old syllabus is higher compared to new one?

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 25 February 2020

No.CA Final is completely different.Unless you make a hard effort , you can't come out from CA Final either old or new syllabus.

New syllabus has advantage due to open book system for paper-6.You can take your book and you may copy from the book.
It's a drawback to CA Course.Openbook system may tournish the ICAI standards.

But ICAI is always ICAI .It has its own strengths.3 years articleship make person zero to hero.

But few improvements required:
Many poor people spoiled their life due to ITT and orientation.Few may have to loose their coaching classes.ITT and orientation doesn't give fruitful result.

Especially from Vijayawada-Many people expressed their opinion on ITT and orientation that it almost spoiled almost 10000 students life.They may have to lose few regular CA classes and there is lot of diversion due to ITT and orientation.

Only articleship alone helped many students to improve skills.

ICAI should look into this and remove / discontinue all other courses like ITT, Orientation and GMCS.

Articleship is better improvement than ITT, Orientation and GMCS.

I know ICAI doing many good things for students and lot of effort from free laboratory , efforts in conducting exams on all India basis.Its not a small thing.Everyone should remember.

But ICAI should look into it and discontinue few courses which may become financial burden for few students and distraction for many students and GMCS becoming a course to choose life partner.So there is no much use from this time wasting courses.

One more thing many complaints received from student while conducting job interviews for CA discontinued students that the banks are not giving loans to CA Final students.Hope there is MOU with few banks but no use.