Why is there no reservation in chartered accountancy?

Chartered Accountants CA is a professional qualification and CAs are regulated by the Institute of Chartered Accountants of India (ICAI). Chartered Accountants offer financial advice, audit accounts and provide trustworthy information about financial records. This might involve financial reporting, taxation, auditing, forensic accounting, corporate finance, business recovery and insolvency, or accounting systems and processes. CA are employed by business enterprises, consulting firms and they can also works as independent consultant. CA is not an educational degree offered by University or educational institute. Therefore, for its membership it is not governed by Government of India reservation policy for its membership. If ICAI have reservations for its professional membership then it will not legal as per constitution also it may compromise its professional carter, ethics and code of conduct. Its membership is open for SC, ST, OBC candidates and they can compete and get CA designation based on their merit. ICAI membership and award of CA and FCA is based on meritocracy.

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The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Parliament, viz. The Chartered Accountants Act, 1949 (Act No.XXXVIII of 1949) for regulating the profession of Chartered Accountancy in the country. The Institute, functions under the administrative control of the Ministry of Corporate Affairs, Government of India. The ICAI is the second largest professional body of Chartered Accountants in the world, with a strong tradition of service to the Indian economy in public interest. Chartered Accountants (CA) is a professional qualification and CAs are regulated by the Institute of Chartered Accountants of India (ICAI). Chartered Accountants offer financial advice, audit accounts and provide trustworthy information about financial records. This might involve financial reporting, taxation, auditing, forensic accounting, corporate finance, business recovery and insolvency, or accounting systems and processes. CA are employed by business enterprises, consulting firms and they can also works as independent consultant. CA is not an educational degree offered by University or educational institute. Therefore, for its membership it is not governed by Government of India reservation policy for its membership. If ICAI have reservations for its professional membership then it will not legal as per constitution also it may compromise its professional carter, ethics and code of conduct. Its membership is open for SC, ST, OBC candidates and they can compete and get CA designation based on their merit. ICAI membership and award of CA and FCA is based on meritocracy.

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Hello, CA is considered as a reputed professional course that requires huge skills and determination to clear the exams. There is no reservation in this professional course because the ICAI (the institute of Chartered Accountants of India) gives equal opportunity to all students to clear with their own skills, knowledge and dedication. If there would have been reservation, then the number of qualified students will remain same but the quality will not be as same as required and standardize. The Institute qualifies a student on the basis of his knowledge for the subject, and his talent and determination which would be an hindrance if there were reservations.

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