Some points on chartered word in ICAI

Dear Mr .Gupta,
 You  said "ICWAI trying to encroach area and scope of CA rather than developing it sown specialisaion. All the CA students working hard and paining their life to be a CA."
Please note that persons doing both CA,CWA simultaneously are facing difficulty in passing ICWA than CA. Persons who registered for both CA and ICWA simultaneously are completing CA earlier than ICWA. Number of CAs1,50,000 & ICWAs 40,000. CA syllabus is quite easy and  less than ICWA , ICWA syllabus is much more comprehencie. Pass percentage of CA is also many time more than ICWA.
.ICAI is not active in updating in syllabus and passive in equip its students and members to the changing dynamics. Because of the statutory protections that ICAI has , ICAI is mild and passive in changing syllabus. The same can be understood by observing its syllabus changes right from its inception. Financial Management is introduced lately, the dynamic Management Accountancy has no much role .
To become Associate member of ICAI, passing of Final exam of CA is sufficient satisfying article ship .The three years period of article is considered as three years of experience and Associate ship is given in ICAI. But , if you consider ICWAI the associate membership will be given if the candidate passes Final course of ICWAI and possesses three years of responsible experience. Definitely becoming Associate of ICWAI is difficult and worthy compared to three years of articles experience. If we compare the required three years of experience for Associate Membership in ICAI and ICWAI (a) In case of Articles of ICAI specific responsibility is not fixed on person (student) , but in case of ICWAI ( the candidate is mostly employee) the three years of experience is in a job where job responsibility is fixed. (b) most of the times, in ICWAI the person works and deals in the system of an industry where management practices and finance functional are present. (c ) The article ship experience is an experience gained as a student , i.e. . Normally understanding or working with half or zero knowledge. In case of ICWAI the three years of experience is with in job responsibility . If it is experience as semi qualified of fully qualified , then it is the experience gained with sound subject understanding. So in case of ICWA , the knowledge gained is more worthy and sound. The depth and scope of learning is more before becoming Associate Member in ICWAI compared to CA.

SO, ICAI SHOULD RE-THINK ABOUT ITS ARTICLES AND PROCEDURE OF ASSOCIATE MEMBERSHIP . IT SHOULD EITHER AVOID ARTICLES OR SHOULD FOLLOW THE PRACTICES OF ICWAI FOR ASSOCIATE MEMBERSHIP.
Without knowing the above facts , ignorantly some people feel CA is difficult and they have good knowledge than ICWA. They are ignorant people. There is another category , this is SUPER Ignorant people . These people take opinion of these ignorant people and say CA is difficult . The third category people , they argue CA is ultimate in Finance and Accounts and all statutory powers should be given to CAs . These people show the sample of ignorant and super ignorant peoples’ opinion to prove their argument.
Regards

Mr. Raj ,

Perhaps you have not read the last  line  "Compare this with Moily's stand on the debate."

Why MCA change it stand ? 

Because we are weak in liaison. 

Mr, Anwar tumne toh topic hi change kardiay.

All of us know CA is having more statutory powers than CwA.

CA is more recogniged by Industries

CA is protected by GOVT ( as blamed by ICWA)

you said CA is easier than CWA,

then first think why did not you get  enroll in CA course rather crying after doing so much hard wroking In CWA.

what is rationale and logic behind that , can you explain.Other wise you should accept you are failed in your personal choice.

Aur Aisa toh nahi ki App ko CA institute CA bane hi nahi dega?

Mr Raj

As per statistics .ICWAI is much more difficult to pass . I joined icwai because it gives me more satisfaction and superior knowledge is  itself a goal . Why should i satisfy for less .

Then Anwar, 

You are first  honest person , i have ever found till date. Then IIM does give to superiar knowlege.Ok , it is only ICWAI gives superior skills set.

Good Anwar , the person like you may be rarely found in the present day. But i am not like you. I prefer those course which gives me better emploment oppirtunity and working platform. Be it CA , CWA or MBA or ISA.

i dont blame any profession , if i choose wrong on my perosnal choice.

Dear Raj,

Topic is about  removal of colonial word "chartered" from ICAI name by our Institution .lets discuss that rather me . i think Their is  much more fear of losing exclusive usage of this colonial word "chartered" than allowing "management' to our name. .

Dear Mr. Gupta,

You may wish to note that it was only the ICAI which vehemently opposed the name change of ICWAI. The demand of ICWAI is much in-line with the international trend of designating cost accountants as managenent accountants. Even it is interesting to note that the Chartered Accountants acquired its name as per the practice prevalent in UK. When ICMA was rechristened to Chartered Institute of Management Accountants, the Institutes of Chartered Accountants in UK apparently had no problem nor did they think that it would create 'confusion' of any sort. It is this attitude of ICAI that has made ICWAI to react in such strong manner. The Chartered Accountants are definitely being protected by government as we see lot of certification work is entrusted to CAs by law.

If the Chartered Accountants believe that they are superior than others for one reason or another, what difference will it make to them if name ICWAI is changed?

and by the way the other 'colonial' things that you just listed were not opposed by ICWAI primarily because they did not speak against name chnage of ICWAI on the basis of some futile and illogical argument.

Originally posted by : Raj Kumar Gupta
	Mr. Anwar  India has its own set up of accounting regulation , no need to copy from other countries.

ICAI is coping all standards from Internalal body only. It has nothing its own.

Originally posted by : Raj Kumar Gupta
	Mr, Anwar tumne toh topic hi change kardiay.

Mr Rajat language addressed should be with professional spirit.

Originally posted by : CMA A.K.ROY
	Originally posted by : Raj Kumar Gupta Mr. Anwar  India has its own set up of accounting regulation , no need to copy from other countries.   ICAI is coping all standards from Internalal body only. It has nothing its own.

Sad but true!

A.k Roy,

Double Accounting system is itself copied from western LUccapecioli. CMA is copied from CIMA UK.

We all human being are copied to the extent of civilsation. OK

Sibhanker,

CIMA uk promotes CA UK in the UK and management Accounting across the globe.

ICAI is concerned party in the feild of acounting. Remember case of ICFAI vs ICAI. Court gave decsiosn in favor of ICAI on the matter of accounting profession/

ICWAI hide the name proposal from ICAI , they were to give proposal for LLP not name change. definately , icai needs to oppose.

Mr. Rajat,

DR you only argued there is no need to copy from others.

CR Again you only arguing we all (ICAI & ICWAI)copy from others.

Good double entry accounting. Keep it up.

Originally posted by : Raj Kumar Gupta
	A.k Roy, Double Accounting system is itself copied from western LUccapecioli. CMA is copied from CIMA UK. We all human being are copied to the extent of civilsation. OK Sibhanker, CIMA uk promotes CA UK in the UK and management Accounting across the globe. ICAI is concerned party in the feild of acounting. Remember case of ICFAI vs ICAI. Court gave decsiosn in favor of ICAI on the matter of accounting profession/ ICWAI hide the name proposal from ICAI , they were to give proposal for LLP not name change. definately , icai needs to oppose.

Dear Mr Gupta,

It is the MCA that regulates both the institutes. So it is logical that ICWAI submitted its proposal for name change to MCA rather than anybody else. Second thing you may wish to note that the issue of name change is not at all new. It has been a demand of ICWAI since long time which was not looked into. It apparently has nothing to do with the issue of LLP. What I recollect regarding ICFAI is that the court quashed the ICAI circular restricting its members from pursuing courses of ICFAI.

Mr AK roy 

We are not against coying Dr or Cr,

Do not make new hybrid , We want ICWAI to be CIMA UK , but on all front , not only for Name.  

For the name  it is CIMA UK , for the function , it is CMA Pakistan Shri lanka. It is double standard, not double accounting system.

Dear Raj,

swatantrta Senaniyon ki di hoyi kurbaniyon ka apmaan karne wale British colonial shabd " Chartered " ka bahishkaar karne ka ye sunehra awsar apko mila hai , Ek sacche Rastra bhakt ki tarah Aaj is kalank ko sada ke liye mita dijiye.

Regards