Chartered Accountant
3162 Points
Joined February 2012
The total membership strength of ICAI, has gone up to 2,18,233 as on May 22, 2013, from 1,92,513 as on April 1, 2012. So just in over one year, MORE THAN 26000 people have become CAs. Hence, we can conclude that the supply of CAs in the recent times, has been growing way too drastically and . So I wanna ask two questions.
1.What're the reasons for this radical growth in the membership of ICAI?
2. Should ICAI take any initiatives to put a check on this?