What is this.!!

Q)...A company intends to acquire a factory and 600,000 of plant and machinery.
Explain the taxation implications of leasing these assets rather than purchasing them
outright.
I saw this ques in 1 of the past papers....can somebody please tell me that where in the core reading this comparative analysis of these 2 methods..!!?????????

Regards

 

Sir this a regular trend that I have seen in recent years.
In the paper prepared by IAI the long questions are tougher than the normal course core reading or even the question paper made by IFA London.
The last years papers are available on the website of IAI....which makes it even tougher to pass the exam...virtually half paper becomes a notch above the core reading, Its like u study somethng else....and questions are not of that difficulty level...
Please suggest what to do....!!!!
Some people have told me IFA has a better passing rate which is nearly 50% on an average...on the other hand IAI has approx 20%..and that too on the higher side...
Should I be thinking about switching to IFA London..????
Can it be done now...I have passed CT1...and that about it..!!!

Regards

 

As far as the mechanics of switching go, my understanding is that yes, it is fairly straightforward. And having seen some IAI papers I understand why you might want to!

Some things to think about might be the relative worth of the qualification, where you intend to practice, the practicalities of studying with an organisation 7000 miles away, any cost differences, etc.

I do wonder how Indian employers are going to weigh the value of IAI qualifications versus elsewhere, given the level of papers that are being set.

 

I have no idea why the IAI asks questions beyond the Core Reading. For example they asked sums on factoring and hire purchase. I honestly don't understand their thought process.I think they are being very unprofessional. I have written to the Institute, but they pretend to be blind.

 

See...thats the main thing....
I totally agree with you Sanjay...the fact of the matter is that a student will not (quite frankly can not!!!) study something beyond the core reading and when you see past papers you get bamboozled by whats asked...its not altogether a differnt thing....but its definitely not what there was in notes.>!!!
My current thinking of switching to IFA UK is not a knee jerk reaction because I failed a particular exam, it stems from the fact that I have many more to go.!!!!!!
This is my ultimate cause of worry..!!
But as Calum said studying in India from a institute in UK does have its limitations.
This is why I want to know what is the exact procedure in case I opt for a switch.Please help..!!!!
All those things that I ought to be knowing....
Economically IAI is beneficial but when you will be giving the same paper twice or more that effect is definitely neutralized.
For the completion a student has to attend workshops and seminars at the end of course...How is that thing to be done...can some one throw some light on it....?????????????????????

Regards

 

@ Hardik
Why switch?? You can give exams from both IAI and IFA like most of us here in India do. Exams are cross-exempted except for SA and CT9.

And don't go by the pass rates of two institutes. The CT-6 exam (Nov 12, IAI) which I cleared, had a pass rate of 20%, but I can assure that it was one of the easiest exam I've seen. I was under-prepared but still couldn't find anything challenging in that exam.
So it's not right to compare pass rates directly.
What I've observed is that a 20-25% pass rate in a IAI exam is equivalent to 55-60% in an IFA exam.

It's a myth that IFA exams are easier than IAI. I cannot comment on CT-2 and 7, but for others the difficulty level is quite the same.