Education
512 Points
Joined May 2012
Hey Guys...
I beg to differ from a lot of u !! ISCA is just like any other subject... At times we think that Direct Tax, Indirect Tax etc are practical subjects and ISCA is all mugging... Let me clear that doubt...
1) There's mugging in practical subjects also. Please let me know, how may people have practical exposure to the things they study in DT? Do people always visit Income Tax to understand section 143 (3)? Or they actually visit the Service Tax Commissioner to understand Appellate proceedings? They have to mug it up only... Only that we spend more time.. which makes it look practical...
2) As for ISCA, the concepts used here especially ERP, Risk Assessment are used a lot in professional lives... Trust me, I have been in Grant Thornton, Ernst & Young etc.. and I have used all these concepts.
3) And finally... how many people out of 100 CAs who qualify end up making careers in DT? Not even 5.. And IDT? Not even 2... Maybe 15-20 will use these as "part" of their profile... but only limited use.... On the contrary, a larger number will use concepts used in ISCA...
Please be advised that I being a practising CA like and use DT, IDT as much, and my comment is only intended to clear the dobut that ISCA is just a mugging up subject !!
For practical oriented and complete coverage of ISCA classes in 9 days, call 9810150456, 9999810262
Thanks & Regards
Vikram Kapoor
B.Com, FCA, CIA, ISA, CISA, CFE
Ex-Member, Professional Development Advisory Group of NIRC
Ex-Faculty, NIRC of ICAI