QuestionsCategory: Co. Audit - IQ47xi CA IPCC PM: In the answer nothing. Is written about CA practicing in India within the definition under CA Act 1949. Weird answers. Creating confusion in mind that to study in our own way or to mug up PM.
Shubham MangalShubham asked 7 years ago

In the answer nothing. Is written about CA practicing in India within the definition under CA Act 1949. Weird answers. Creating confusion in mind that to study in our own way or to mug up PM. 

4 Answers
Auditaudit Staff answered 7 years ago

Sec 2(17) of Companies Act 2013
chartered accountant‖ means a chartered accountant as defined in clause (b) of sub-section (1)
of section 2 of the Chartered Accountants Act, 1949 (38 of 1949) who holds a valid certificate of practice
under sub-section (1) of section 6 of that Act;
 
ICAI Study material something special not relevant according to me. Else you suggest what to write

Auditaudit Staff answered 7 years ago

According to me Q9 (c) answer is best for this question. Otherwise you suggest me pls. You are the mentor.

RaviRavi Staff answered 7 years ago

hello shubham 🙂
as specified every time a new person may be making suggested answer so it quality is not consistent.
i will suggest it is good to specify section numbers where ever relevant. like here Sec 141 and Sec 2(17) were relevant. PM answers are minimum we can always improve quality by giving more relevant points. 
keep in mind they are minimum answers we can further elaborate and give references. it is wrong conception amongst students that writing PM as it is will give full marks. Point is writing better quality answer like more references and more valid points will give you more marks.

Auditaudit Staff answered 7 years ago

This time I have included many references in my answers and not able to get good marks. I scored only 40 in audit. I hvnt applied for inspection of certified copies. If I hv, I will have taken suggestions from you that to improve the answer. That’s why I’m little worried about it.