The Institute of Chartered Accountants of India (ICAI), is planning a revamp in its education pattern. The news is that it means they are also set to make entry into the course tougher. At present, students can start the course from Std 12 after appearing for an entrance exam or join directly after graduation. A commerce graduate needs to score 55% marks and it is 60% for others.
The ICAI Committee for Restructuring of Education and Training (CRET) met recently in discussing to raise the bar for entry especially through entrance exam mode.
Mr. Tarun Ghia, a member of the CRET, told Times of India, “There have been views to make the entrance examination tougher so that the right candidates get in. Currently, since the common proficiency test (CPT) appears to be relatively easier a large number of candidates pass. But for many it is difficult to eventually clear the chartered accountancy course and they end up being frustrated,” said Ghia. He was in the city to attend a function organized by the local branch of ICAI.”
Ghia said he feels that the objective nature of CPT also at times makes clearing the exam a matter of chance. Though, this aspect has not been discussed so far.
It is also being considered to allow the candidates take up the mandatory 3-year articleship practical training after they entirely clear first stage of the course.
Source: Times of India