I would like to talk about on different aspect.
ICWAI do not have entry barrier for experienced professional working in reputed organisation with sound experience of cost and management accounting . Training requirement for these experiences professional is exempted.
In ICAI training method is same for all, those who want to become CA needs to go 3 year article training under practising CA, if Chandra Kochhar MD of ICICI bank wants to do CA than she needs to go for 3 year article training.
Is CA training method is justifiable; Do ICAI needs to think about exemption in training for experienced professional.
Also ICAI and ICWAI should mutually do agreement to exempt training if final passed of CWA want to do CA and CA wants to do CWA. It will be good for both institute and will in enhance better understanding.