First of all I would like to Thank You Sir for bringing this topic to light. I am a CWA student n going to give my Inter in this coming June. I respect all the three professions a lot. Earlier I was also a student of CA but left it just because of this articleship related problem (though now I feel that it was a big mistake). But it's true that many articles face lot of hardships during their articleship period. But again that will bring out the better in you. That's my personal opinion coz I left articleship and CA but my friends who continued their articleship n who are now in the Final stage are way far ahead than me. All this pain is worth taking when you see the fruits that you are goig to get in the future.
Sure there are certain issues which need to be rectified like the restriction on transfer because as pointed in earlier posts an article could not get every kind of exposure in a single firm. And by restricting transfers the Institute is restricting the opportunity to learn different kind of work. What if a Firm deals only in Auditing then how the article will learn Taxation or Finance or Indirect Taxes? If he wishes to change the firm to learn other aspects what will he do? As per my knowledge this restriction was mainly imposed to get rid of DUMMY which is indeed a curse on CA course but is it really going to help as it is supposed to? Instead of trying to make the rules strict for students why don't the Institute try to rectify the faults of it's members. If a student takes dummy it will be considered his fault but what about the CA providing dummy? Dummy is there because Institute's members are there to provide it. If all the members decide that they will not provide dummy then there is no possiblity for any student of taking it.
Second issue is flexibility in training. The Institute must allow students to take Industrial training also. Though it is allowed during last 12 months but it should be made for whole of the 3 years. The Institute must leave this to the student whether he wish to join some Practising CA or wishes to go for Industrial training. The flexibilty will make it better.
Third issue is restriction on giving exams. I have observed that all the Accounting bodies around the world have training criteria for giving membership. LIke ICAEW, CIMA, ACCA, AICPA, CICA, ICAA etc. n also our ICWAI and ICSI but they don't restrict exams on the basis of training. You can complete your exams before even starting training the only condition is that you must have certain years of training to get membership. But ICAI allows to sit in the finals only after completing 3 years of articleship which is inappropriate in my opinion. Exams are different thing and training is different. They must not restrict exams because of training.
Recognition of work experience to exempt training - I also feel that ICAI should consider prior work experience and provide some exemption from training. Many people decide at later stage to persue the course but when they see 3 years articleship and that too under only practising CA stop them to persue the course. I am not saying that whole of the 3 years should be exempted but atleast 2 out of 3 years can be exempted. ICAI can n must list out the fields of work for which exemption will be granted. So the people at the age of 30 or 35 or even 45 can think of doing it who have work experience without thinking so much of the 3 years long articleship period.