CA CURRICULUM, EXAM PATTERN TO BE REVISED SOON
TNN | Apr 10, 2016, 07.17 AM IST Vadodara: In India, chartered accountancy has started to lose its significance with a majority relying on coaching classes. It has become like distance courses where students just go to colleges for exams, said Devaraja Reddy, president of Institute of Chartered Accountants of India (ICAI) on Saturday. Reddy, who was in Vadodara to discuss revised curriculum for the chartered accountancy course said that new course will be implemented by May next year. A proposal has been put forth by ICAI's central council to modify the curriculum and revision of exam pattern. "Considering the drawbacks in the existing module, we have made necessary modifications essential to match international standards. Proposal includes renaming of common proficiency test as foundation course. Those appearing for foundation after class XII will have to face exam of 400 marks. Equal weightage will be given to objective and subjective questions. Number of subjects have also increased with inclusion of English, business communication and information system," said Reddy, adding that revision will focus on the practical aspects.
COMPANY SECRETARY OLYMPIAD WILL NOW BE CONDUCTED FOR STUDENTS OF CLASSES 11 AND 12 IN EACH ACADEMIC YEAR IN SCHOOLS ACROSS THE COUNTRY
Listed below are the main points regarding this new Olympiad :
A memorandum of understanding (MoU) has been signed between the professional body of company secretaries, the Institute of Company Secretaries of India (ICSI), and the Science Olympiad Foundation (SOF) in order to conduct the CS Olympiad. The first CS Olympiad will be conducted in September 2016.The Olympiad will be held for one-hour duration and will consist of multiple choice questions from various sections, including reading and comprehension, general knowledge, basic economics quantitative aptitude, mental ability and reasoning, basic commerce, and mercantile law.
According to newspaper reports, ICSI President, CS Mamta Binani, said that the CS Olympiad is being conducted to help the students evaluate themselves at school/city/state/national level and decide on their professional career at an early stage. It will also help students understand how competent they are among their peers.
This Olympiad is independent of registration in the foundation programme (first stage) of the company secretary course. High ranking students, up to a certain mark, will get a waiver of registration fees at the company secretary course foundation programme stage.