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+--- Thread: Changes to the ICAP qualification (NO LAPSE etc) (/showthread.php?tid=6568)
Changes to the ICAP qualification (NO LAPSE etc) - unseendemon - 09-16-2009
I apologize if this has been posted before but i searched and it not yield anything.
Checkout President's communication 11 on the ICAP website
http//icap.org.pk/userfiles/file/President_communication_11.pdf
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote">(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. Permanent credit will also be available to a
students even if he/she appears in one or more papers but is absent in other papers for any
reason. This decision and the decision mentioned in (vii) below, will become effective from
date relevant bye-laws are approved, and I expect this to happen in the next few days.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
A lot more in the PDF.
My respect for Asad Ali Shah multiplies with every decision, i hope his successor is as sensible as him.
I am a bit disappointed with the last one, I, for one, would love the chance to continue my articles outside practice as i have no plans of staying in practice.
Your thoughts?
- faizee - 09-16-2009
Dear unseendemon,
For me point(vi) is much disappointing,it seems ICAP is drowning itself.Indirectly,it will increase the number of students which in results increase in CA's which effects the market demand of CA's.
Quoting Asad Ali Shah's communication
4)increasing the number of students passing our exams or in other words,enhancing the number of our members
Unquote
All the decisions taken in this communication are reffering to increase in ICAP member except few.Which just increase the revenue of ICAP from its members.We should always consider demand and supply function and if supply is more than demand, then you better know what happens.
I think senior members should comment on this communication.
Kind Regards,
Faizan