Education & Job

ICAI forms committee, CA students hopeful

New Delhi: Students protesting to change a rule so that their

chartered accountancy



) exam papers can be rechecked got a major breather today. The

Institute of Chartered Accountants of India



) announced the formation of a high-level independent committee that will look into the students’ demand that Regulation 39 (4) of the

Chartered Accountants Act

is amended to ensure that students’ get a chance to have their papers rechecked.

Presently, students who apply for re-evaluation of their papers can only get their totalling errors corrected, and uncorrected answered corrected. Answers are not evaluated for merit again.

The students have been protesting outside ICAI offices in various cities for the last four days. Ashish Gandhi, a 25-year-old CA aspirant said the students had been protesting because a committee was formed last year as well, but no change was brought about. Gandhi added that the students in Delhi had refused political support after their teachers advised them to do so.

A 28-year-old student said that entire families suffered because of the low pass percentage among CA aspirants, made worse by the fact that checking was unfair and not transparent. “I was 19 when I signed up for CA, and I haven’t been able to clear the final for the last three years,” she said. She added that she had lost marks despite her answers being correct.

“It’s demoralising when you know you’ve given a good paper but marks depend on the mood of the examiner,” said another student, not wishing to be named.

Students also said it was expensi

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