05-23-2011, 04:33 AM
dear usman khalid, i really appreciate your courage to accept the reality. i tell you truth that, infact every one who is of c.a field knows this reality that in pakistan ca is rapidly losing its charm, but it is very painful to accept this reality because those people feel some sort of insult in this factual position. so they try to convince their own selves by saying such sort of things like icap keeps demand and supply of ca in view while passing the students. i feel a great pity on those people who are of the view that icap keeps the value of ca intact. if that is true, then i would like to ask those people that why icap is making ca more and more easy by eliminating bad failure system, by allowind extra 15 minutes, by passing a huge amount of candidates. i would recomment those people to please see the recent result of ca inter and foundation and also ca final and they will come to know that icap is blindly passing the students. dont concentrate only on passing students, but also watch the permenant credits which are infact future chartered accountants and you will surely get dazzled by the excessive pass rate of icap. so my dear fellows please come out of your sweet dreams that icap will always maintain its value in market. it is nothing more than a white lie.
