ICAI become Money Minded..!!

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Vinay Garg

Service Tax Expert

780 Points Joined April 2009

ICAI has become money minded...

1). ICAI has declare very good result of CPT. So that a good amount of students entered into IPCC.

2). The cost of regestring for IPCC is aprox.11000/-

3). ICAI has made compulsory the Trainings of 100hrs. ITT AND 35hrs Orientation, before the decrataion of result and the cost of these trainings is 4000+3000=7000/- . (which is not reasonable in my view)

4).If the students fails from IPCC, then many of them drop CA and join other coures like MBA etc. and thier fee of trainings is like bad debts.....

5). The fee for CPT is rapidly increasing....

My question is

1).Why ICAI declare good result of CPT?

2).Why ICAI made trainings compulsory, even there is no need of these types of trainings required at this level?

3). Why ICAI has made training compulsory before the declaration of exam result?

So, in my view, ICAI bacome money minded..............

PLEASE POST UR VIEWS ON THIS TOPIC

( The students has not enough time to study for IPCC, becuse of trainings..)

Replies (6)

CA Manish K Dhoot

CA B. Com NCFM CPCM

5015 Points Joined February 2008

Yes, i fully agree with u

The attempt of PE2 students is also increased because they can fail more students nd raise more money through exams forms

HITESH PATEL

Manager Finance

54 Points Joined January 2008

Originally posted by :Vinay Garg
"	ICAI has become money minded... 1). ICAI has declare very good result of CPT. So that a good amount of students entered into IPCC. 2). The cost of regestring for IPCC is aprox.11000/- 3). ICAI has made compulsory the Trainings of 100hrs. ITT AND 35hrs Orientation, before the decrataion of result and the cost of these trainings is 4000+3000=7000/- . (which is not reasonable in my view) 4).If the students fails from IPCC, then many of them drop CA and join other coures like MBA etc. and thier fee of trainings is like bad debts..... 5). The fee for CPT is rapidly increasing.... My question is 1).Why ICAI declare good result of CPT? 2).Why ICAI made trainings compulsory, even there is no need of these types of trainings required at this level? 3). Why ICAI has made training compulsory before the declaration of exam result? So, in my view, ICAI bacome money minded.............. PLEASE POST UR VIEWS ON THIS TOPIC ( The students has not enough time to study for IPCC, becuse of trainings..)	"

Yes Mr. Vinay.....you said exect right that ICAI now becomes "Money Minded"..............but it is realy true that every thing is a GAME OF MONEY so why not they.....play it when other institution are played.

krishna kumar

CA Final

407 Points Joined July 2008

Dear Hitesh,

first of all it is is not fair to compare with other institute, as it is non of our business. What really worrying is the case, where ICAI is increasing the fees disproportionately. Do you think this higher fees are utilising for the benefit of the members, absolutely not, instead donating Rs5lac and conduct cricket match with IT worth Rs 25lac and also for the luxury.

For your information, ICWAI charging only Rs 7000 for intermediate compared to ICAI Rs 11000/-.

Also, you believe it or not, this time PE2 result is reduced to 0.25% as pointed out by manish.

Sushil

CA Final Student

2571 Points Joined August 2008

Yes, these days the fees of ICAI is increasing rapidly. Now, CA course is not the cheaper course as it was earlier.

PRAVEEN KUMAR

MBA (Finance) B.Com.(P)

3443 Points Joined March 2007

Yes, I do feel nowdays ICAI has become money minded.

Vinay Garg

Service Tax Expert

780 Points Joined April 2009

Originally posted by :HITESH PATEL
"	Yes Mr. Vinay.....you said exect right that ICAI now becomes "Money Minded"..............but it is realy true that every thing is a GAME OF MONEY so why not they.....play it when other institution are played.	"

But ICAI is a non profit orgenisation, they dont have right to be money minded....& i m also
agree with krishna kumar .