ICAI has made a joke of its curriculum, its members and the students.
First one president removed 2 important subjects Costing & Law from CA finals, introduced IBS which is a joke in the name of a subject making it practically 5 subjects from 8 in finals.
Then another president introduced exams 3 times a year from 2 times a year.
One president declared 30 lac CA is needed & diluted the pass percentage to 15-30% in CA finals.
Then another president reversed exam frequency from 3 to again 2 times a year.
Now another president is aiming to bring back the curriculum to 8 subjects.
All this in the name of leaving footprint by each president.
Frequent overhauls like these create uncertainty for students, dilute consistency for members, and make the profession appear directionless. Earlier, ICAI reforms used to be gradual, long-term, and carefully thought through. Now, every new President seems eager to leave behind a βlegacy move,β even if it means reversing the decisions of the previous term.
A professional course like CA cannot function on shifting philosophies every couple of years. Stability, consistency, and long-term vision matter far more than headline-grabbing reforms.