The Institute of Chartered Accountants of India (ICAI) on Thursday said it has formed a committee to look into the examination process following protests from students who are demanding revaluation of their CA answer sheets.
In a press conference held earlier in the day, ICAI president Prafulla Chhajed said the examination process followed by ICAI ensures multiple levels of monitoring for quality evaluation of answer sheets.
Later in a statement, the ICAI said, "It has decided to constitute a high-level independent committee to look into the examination processes/regulations governing CA examinations including Regulation 39(4) of the Chartered Accountants Regulations, 1988 and suggest changes wherever required in the ICAI examination system."
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