Although not too many people were waiting for my post, but i am back with a bang!!! ‘Bang’ part is false :)
I just wrote a letter to ICAI, for giving some relief from the out of syllabus portion of May, 10 examination.
So thought i can share it with you.
Only my complaint wont suffice. There should be good number of complaint to move their conscience.
Have a look:
”
I am a proud student of the esteemed institute, entrusted with the responsibility of ensuring that the growth, we have got, remains so, unabated, by vetting the disclosures and compliances etc. So far our institute has lived up to the expectations of the nation. That is why we still are regarded and our relevance has always increased with the changing times.
We have also seen ICAI’s efforts to make the Indian quality in this field, global. And in a short span of time, the success is visible, astonishing though.
Now what all the ICAI has is respect, faith and Intellect only. So my deadliest dream can only be the deterioration in it.
What Satyam could bring to the esteem, is all visible. So, I believe what I, will talk here will make sense of investing time in it.
This May I appeared in the CA final New course exam, both group, 1st attempt. Everybody knows that in CA final there is nothing called syllabus. Anything you are going to face in real world can be asked. So syllabus is either not defined or defined in a wider sense.
Kind of free fight, no rules. Yup!!!!!!!!!
I prepared for that. But, what to do when the rules are fixed???
Logically follow the rules.
That’s what I done. But unfortunately the umpires themselves are not adhering to the rule book.
Some days before the exam Board of Studies announced either in ICAI’s website or RTPs that some topics relevant to Law and Accounts paper wont be asked. But you asked the questions worth 12+12 marks.
It is not a hidden fact that students pass the exam TOO marginally. So in that case, they stand to lose the race only because of some careless announcement. There is no forum in ICAI to resolve the Students/ articles grievances. So I am shooting my problem here only.
When BoS itself is saying that these parts are out of scope of exam, then there was no logic of studying those things. Otherwise everybody would have prepared the topics.
Now my appeal is that you should give proportionate marks to each student. For e.g. If a student is scoring 44 marks or 50% out of 88 marks paper then he should be entitled to 50% of 12 marks. Logical!!!!!!
Out of syllabus portion:
Accounts AS 30,31,32
Law Winding up, SEBI Guidelines.
Either there should be no rules or if rules are there, they should be adhered.
Even Kasab was given a fair trial. We deserve better.
IF THIS ISSUE DOES NOT PERTAIN TO THE READER, THEN HE MAY KINDLY FORWARD IT TO CONCERNED DEPARTMENT.
“
I thought Shakira is the seductress on the earth. I have to think again! I have seen the seduction of money. Shakira’s or Beyonce’s influence will last for some hours. But money!!!!!
It can change the way one lives. It can make anybody loose morals. The worst which i have seen: ooooooooooooooooooooooohhhhhhhhhhhhhh!
It can make the fear of god disappear from within.
What i learnt:
Don’t let money play your life.
Let it be a mean only and not the destination.
And beware one cannot die peacefully when lot of people are wishing for your death.
I believe this episode will definitely preclude me from becoming a slave of money.
Kyon Paisa Paisa karti hai; kyon paise pe tu marti hai.
December 11th,2009
Uncategorized | tags:
money |
No Comments
Hey everyone!
I feel very proud to announce that the new project that is a website is ready to leapfrog all other alike websites. This a project jointly done by Divam, Basant and me.
What is it: It is website dedicated to two class of people: first who invest in share market, second who want to invest but are regularly cautioned by the less informed people.
How the 2 will be served:For a layman in the market, we are giving full detailed information about all the fundamental concepts and technical details which he good investor should be aware of. He will also be given option to solve his doubts online. The lucid language and at time question answer form will definitely be the edge. For a person already well aware of the issues in the vogue, we are giving him realtime, authentic and desired information. He will be able to get his taxation, market related queries solved online. We will try to deliver every thing that may affect the price of his portfolio.
How the idea emerged: India is growing at a rapid pace. But unfortunately the stock exchanges are not doing well. That is because of the fact that Indians are still unable to understand the bull and bear. I would say they have lot of reservations. Even the person who has taught me Finance of CA Final, and who is teaching the subject since 1969, says that he is too scared to invest. So we thought that the fear of people must go away to increase participation in the development of India. As a result…………..
So………..
I think you can pay a visit. May be it will serve you as well.
www.marketshiksha.com
Well it has to be admitted by me that the language was very bad in that post. Lot of people have complaint about it. I am changing my arrogant behavior. Give me some time. Mr. Sukumaran has written a comment:
by the way did somebody force you to do ca? I thought it is a free worldout there in India is it not?’
I am just giving a reply.
“What i think is that we are living in a democratic country and the ICAI should respect the constitution of india. It has given me the Fundamental Right to do job anywhere in the country. Beside if institute wants dynamic CAs to come in the market, they have to allow diverse experience for students, which a single firm can rarely provide. If i want to learn Tax work, than give me one reason, why i should not be learning that in some other firm. And over and above all the things we have seen the dubious talks by president, ICAI, in Satyam Fiasco. One day he says auditors were not wrong. After few days he says auditors are equally guilty. There is a full interview in CNBC, talking about changing stands of ICAI. Because of these things only the ministry of finance is working for taking over of ICAI.
Last, you don’t leave the thing you love. I love CA course, so i dont leave it. I want it to be of CPA standard. That is why i dont like these things.
Thanks for your comments.”
I was wondering what does the confession of Azmal Kasab, the only accused arrested for 26/11 massacre, holds for the Indian judiciary.
Nothing.
The Indian judiciary is widely affected by the political biasness. Otherwise tell me why the hell a person who tried to disrespect our mother (if these politician consider this nation as their mother), is still eating food from our money even when the court has ordered to execute him (i am talking about Afzal).
Now see what is happening in the case of Kasab.
Kasab has confessed that there are Indian link in the attack. The Mumbai police has rubbished this claim even without investigation as to the truthness. This may be because of the Indian stand that the Pakistan has perpetrated and executed the attack. But whatever is the case, the police is not supposed to let this serious thing dumped. Another reason i suspect behind the reckless police enquiry in Indian link, is to appease Muslims. Remember Kasab has named a Kashmiri Muslim man who taught him Hindi.
The Judiciary in such cases decides only based upon the data/facts put forth by police and other agencies. And if the police is itself is not interested in the case, then the judge is not expected to do field visit.
Even if we have a decision from court, it is doubtful that it will be implemented soon.
