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VSI Jaipur

  • K-50, Bhawana Tower, Income Tax Colony, Tonk Road, Near Durg
Best CA Institute in India
  • Best CA Institute in India
  • K-50, Bhawana Tower, Income Tax Colony, Tonk Road, Near Durg
Added on 10 December 2018

Is ICAI Study Material is Wrong?

10 December 2018

Hello students, today’s topic is very important to discuss on about that, ca’s study material is wrong. Is ICAI providing wrong study material, which is not valid for the study. To discuss on this hot issue and the motive is that people had requested me to had a conversation on this topic. That ICAI is providing wrong study material, and so many people had said on my that, if we study and pass the ca exam with ICAI material then also we can’t do anything at all event we will be valueless in our future.

If we don’t study and failed in the exam then also we will have more value than the pass one students. Because they know that they had studied for the exam, they are not offhand, they had some other study material. They focused on their concept that’s why they failed in their exams . the main basic purpose of this post  is that you should know the reality. ICAI institute study material can be wrong .

It subsumes some of the minor and major mistakes. There’s no study material which subsumes mistakes, each and every study material has some mistakes. That study material is not that as much wrong that if you study that material your value will be worthless. Because ICAI study material is made by so many of his experts. They are not machine they can also do some mistakes which could be acceptable and if we made study material there could be some of the mistakes and that mistakes you can correct by your own self.

Suppose you had studied that wrong study material then also you can score 90 percent of the marks. There’s not as such much mistakes which people think. But there are some clerical mistakes which could be easily visible to you, and some mistakes make the opinion difference (2:50), we can’t say the mistakes. it is opinion mistakes, so many persons have differed opinion, some of the opinions can be acceptable and some them opinion we can’t..

 Suppose there’s case which is handling by supreme court or high court , there are 11 judges in the court some of them 5  has the same opinion and 6 judges having the same opinion they all are learned person but it is opinion difference. We have to accept that majority decision and we cannot say that, 5 judges they don’t have knowledge or they are doing wrong. The fact is every person has having the different opinion we cannot match and accept all of these.

The another thing i will say that, if by chance ICAI accept that they are wrong , but in india there are so many teachers in india.  You will got 100 teachers of Accountancy 100 of SFM, each and every subject teachers are so many in india. All teachers having the different-different opinion. They will make you study by their own manner. They accept the differ-differ truth, and if ICAI accept all of them,

 The major problem will be that  which person has having the correct study material and the another problem will be one study material is accepted another and another in a loop all will say that my sm is correct , my sm is correct that all could not be acceptable. Ultimately if you want the result and the better solution the Ans is you have to accept the one opinion and eliminate all others. If we talk about the ICAI study material because its all depends on the opinion the resolution is that whatever ICAI is saying we have to accept that otherwise you will face the problem.

If further see some problem in ICAI study material make it correct and some  where is opinion difference we can’t do anything with that and we have to move with icai opinion. If you take the different opinion our the main purpose cannot be solve at all event it will remains the same don’t superstition and dont felt that. If we study the ICAI study material we will be valueless or worthless. If you want the degree you have to accept the ICAI opinion and we don’t have another rational solution related to that  and if you think that  opinion is more important then the degree. We only need the knowledge and with knowledge you will got the good salary package or you will get the better job to that students i don’t have any words for them.

I will not say anything to them. If they are degrading the ICAI, they will not get anything with that , you have to respect ICAI for such things . and the issue of down result. In this ICAI cannot do anything it's all on the students. If they have studied well and they give the well papers and they will get the marks. And if we compare with B.Com.  If ICAI is having results like b.com it will be valueless for the ICAI it would be worthless for the ICAI no standard and quality thing will remain. If the ICAI and B.com has having the same standard value what you will do of that degree it is worthless for you. At last I will say that respect the institute, yes it is correct that mistakes are there and, mistakes can be everywhere, and you can correct that mistakes and focus on that consistently check and revise that things. It is not valid that, there’s a small and a little bit mistake and you have rejected that all of that quality matter. It could have happened that there’s a 10 percent mistakes no worry !! .

And you can study that 90 percent of the matter, and on the basis of that 90 percent you can score good quality of marks, and in fact ICAI is not like, is there’s a wrong matter. So ICAI time to time rapidly or leaps and bounds continuously keeps on changing and updating that matter.

And recently ICAI had included the new scheme topics in accountancy and as compared to a year ICAI has updated that new scheme 4 times, it continuously updates and continuously making correct that topic.

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