Comments on: Government auditor can become CA by passing only final examination, given exemption from CPT/IPC

By: CA Rajesh Pabari

CA Rajesh Pabari — Wed, 23 Dec 2009 05:42:35 +0000

Don’t worry, they will not be able to pass even the final exam so easily, so derecognisation of CA qualification will not come in picture. Even if you give exemptions in final CA, still some subjects will suffice to do away with weak candidates. So don’t worry.

One more suggestion to ICAI is that they should publish the results of such direct appearing candidates along with results of general category candidates. So that we come to know how much is their passing percentage.

By: kumar

kumar — Tue, 22 Dec 2009 19:42:39 +0000

Experience should be equated with Experience and
Education should be equated with Education…

The most rational decision would be to grant articleship training exemption to Group-B officers especially those who are working the Commercial Audit wing of IA&AD and doing all sort audits including supplementary audit as per Companies Act, 1956.

Interestingly, the decision to grant articleship training exemption only to IA&AS officers recruited through UPSC negate the very logic of equating experience against experience.

Another interesting thing is about excluding IA&AS officers those promoted departmentally but not by UPSC exam. This also speaks of one sided allowance with narrow focus. The logic is not at all applied here also.

If the CAG is interested in equipping the Indian Audit & Accounts Department with professionally equipped personnel, the right decision would be seek CA articleship training exemption to all personnel with certain years of service in Commercial Audit Wing not just restricting to Group-A officers recruited through UPSC.

To safeguard the public exchequer it is better to equip the government auditors (not just Group-A recruited by UPSC) with CA qualification by granting articleship training exemption.

But in India, powerful people only get what they want leaving the interest of the society/common.

By: CMA Arif

CMA Arif — Tue, 22 Dec 2009 13:51:22 +0000

i m agree with ashok

By: Sandeep Kanoi

Sandeep Kanoi — Tue, 22 Dec 2009 07:08:21 +0000

Please read the sentence carefully. There is comma between The nation’s accounting standard-setting body and the Institute of Chartered Accountants of India (ICAI),

By: Ashok Aggarwal

Ashok Aggarwal — Tue, 22 Dec 2009 05:47:56 +0000

This decision is wrong in its totality because the world will derecognise the qaulified CAs even who worked hard for so many years. It is just to please the office of CAG to get work.

By: CMA Sudhir

CMA Sudhir — Tue, 22 Dec 2009 05:40:34 +0000

Please note that ICAI is not the accounting standard setting body… this is grossly false and misleading information. there is a separate National accounting and assurance standard board set up by the GOI for setting such standards, please correct your mistake.