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I am a CA aspirant and as well as CS aspirant. And in both the courses we have accounts (financial and costing) but in CS we have mcg based exam for it whereas in CA we have pen and paper based exam. My question is in today's corporate world, is it practical to know the concept of accounts on pen and paper approach which is rarely used as everything is digitalised???? And is CS Institute correct in making it more of a concept based approach and objective based paper which will test our knowledge more than the long format of answers
Answers (6)
Kumar G
You are saying that, if we write ICAI pattern; we don't need concepts? Yes it's digitalised, for eg The systems Tally drafts financial statements, but you should know how they came. Istead of doing manually you can't get full clarity right?
Of course we need concepts but I am telling that isn't it time even ICAI think of teaching these subjects in a different approach that can be easily adopted by students when they get into industry, because when I asked my peers about their articleship, they said almost 90% of the practical paper that they studied had no implication in real life working, it was so much different, so why are we studying in some pattern that is not going to help us in the future
Thread Starter
Vaibhav GuptaOf course we need concepts but I am telling that isn't it time even ICAI think of teaching these subjects in a different approach that can be easily adopted by students when they get into industry, because when I asked my peers about their articleship, they said almost 90% of the practical paper that they studied had no implication in real life working, it was so much different, so why are we studying in some pattern that is not going to help us in the future
See in articleship what happens some firms have specialisation in some areas they concentrate only on that area more eg if some firms does more works relating Taxation. You cant get more exposure on Corporate law right! So we need to learn all the things but it's depends on you how will you develop yourself.
Thread Starter
Vaibhav GuptaOf course we need concepts but I am telling that isn't it time even ICAI think of teaching these subjects in a different approach that can be easily adopted by students when they get into industry, because when I asked my peers about their articleship, they said almost 90% of the practical paper that they studied had no implication in real life working, it was so much different, so why are we studying in some pattern that is not going to help us in the future
You can give feedback to Board of studies regarding your opinion www.icai.org.in
Thread Starter
Vaibhav GuptaOk thank you bro
Link provided is not correct Please make sure that It's related Board of Studies. Thank you!