BREAKING NEWS : ICAP's Bad Failure Rule Changed

[kamranACA]

Osama

You cannot be told or make to understand the exact situation. However, please note that it was an MOU (not an MRA) which some Toms said will never be changed. The world saw it got changed within a short span of time.

I tell you in advance that situation will change further in forseable time. Rest assured!

The MOU was a step forward which broke the ice. It will bring further positive results.

I don't want to go at length regarding how such MOUs are entered into, what are underlying factors and determinants, and what impact will it leave in the longer run, and why India got comparatively favorable MOU while certainly they are not better in quality and unlike Pak, they have not even adopted and implemented IFRSs. It has already been well discussed on other threads.

Don't you understand what miracle has occured in such a short time which abolished the condition of 2 years training imposed by ICAEW? Certainly nothing! Here one needs to concentrate. Sooner the things you are pointing out will also be resolved without happening of any other miracle. World has not come to an end, rest assured.

Regards,



Kamran.

[Osama Rules]

Salam,

ya hopefully & god willingly ur words will turn into reality soon...


[)] [^]

[Adeel_desperate]

HI

guys if you have the file it is written i qote " if a Student has passed a paper securing over 70% marks,"

It means that ICAP has 70% passing criteria

Now what to say

[shamsi.hina]

(vi) Permanent Credit for papers passed irrespective of marks obtained in other papers

Currently students of Modules A to F can retain permanent credit in paper(s) they have passed, if they obtain certain minimum marks (referral marks) in other papers of the same module as well. In other words, if a Student has passed a paper securing over 70% marks, but he fails in another paper of the same module securing very poor marks (say less than 20% marks), he is not entitled to get credit even in the subject he has passed. The Council has now decided that the students will be eligible to claim permanent credit in any passed paper(s) irrespective of the
marks obtained in other papers of the same module.

this phrase doesnt mean that passing percentage is now 70%, it is merely giving an example that "EVEN IF a student secures 70% or above and 20% in other, he does not get credit of the 70% paper" (note that strees is at 70% or more as "70% marks honay k bawajood b considered earlier as fail") also passing percentage is still 50% as notified at the ICAP's website.

regards.

[muhammad umar]

AOA guys.i have to say something on this hot topic.i think abhi sirf council nay decision liya hain rule change kernay ka.abhi yeh change nai howa coz abhi unno nay law main amendments kerni hain jo k howi nai hai.i think rule abhi cahage nai howa hain

[kamranACA]

Umer

Certainly you are right. However, amendment in byelaws is a formality and is expected to be completed soonerm


Regards,

[muhammad umar]

thanx for ur reply kamran bhai.i want to ask some questions.
(1) kia yeh rule apply for all hoga ya its only for newcomers?
(2) i know yeh wala question is post say related nai hain but i want to ask from u personly.[D]
i am student of module d. i want to know which books u will prefer personally for module d.[]

[kamranACA]

Umar

This rule will be applied with effect from date of amendment in ByeLaws for existing as well as new coming students.

For existing students the number of attempts now fixed will start from the date of aforementioned amendment.

For module D books you should consult some one he recently qualified Module D. I did it 11 years back so can't advise you better.

Regards,


Kamran.

[muhammad umar]

thanx once again for ur help.kia byelaws main amendments before announcement of result ho jay gi k nai?i donot know any fresh module d student on this forum.can u help me in contacting any fresh module d student on this forum?

[kamranACA]

Dear

I can't say with certainty but hopefully it will be formalized at the end of October 2009.

You may post your query through a new/separate thread. You will get lots of responses from such students.

Regards,



Kamran.

[Mubashir786]

Salam,
Hope every one is fine, Kamran bhai i must appreciate your presence and cooperation with us. Thanks a lot for your moral and logical support.
May i know the top CA firms of ISLAMABAD?

Thanks for your kind responses !!!!

MUASHIR (CA)

[kamranACA]

Dear,

I can list down following as per my understanding

AFF
KPMG
EY
Deloitte
AASR (GT)
RACO (Nexia)
BDO
Kahlid Majeed (I am not much aware of its current situation. In past it was really good).

Regards,


Kamran.

[hshamsi]

@ abve

we have called ICAP thy informed us that the no of fixed attempts and bad failure rule is applicable from March 2010 ( means from June attempt for E & F )

regards

[FARHAN123]

@hshamsi

How sure ur that bad failure rule will not be applicable in March 2010 attempt.There is no such information on ICAP s website . I think bad failure rule is still applicable in march 2010 attempt ??? I would like to know if anyone have any authentic info about this bad failure system ???

[Dard]

Regarding C.A's passing criteria, a highly reputed professional(ICAP member) confirmed that the the result of ICAP is market-driven to some extent, and is pretty evident