S. Sri Ram, a 20-year-old resident of Salem in Tamil Nadu has secured the all-India first rank in the highly competitive Chartered Accountants (CA) final examination. He secured 613 out of 800 marks. The results of the CA final exam and Common Proficiency Test (CPT) exam were declared on Monday by the Institute of Chartered Accounts of India (ICAI). Ram’s father K V Srinivasan is a retired Tamil Nadu State Transport Corporation employee and his mother R Badma is the district library officer in Perambalur.
Ram was a student of the Salem branch of the South India Regional Council of the Institute of Chartered Accountants of India.
“This is my first attempt, and I had prepared well and was expecting to clear both groups as well as getting a rank within 10,” he told The Times of India.
A former student of the Vidhya Mandir Higher Secondary School, Ram joined the CA foundation level right after passing the higher secondary exams. He secured the seventh rank in the all-India CA intermediate level. He completed the foundation course in June 2012 with 180 marks. In July 2014, he secured the all-India first rank in the intermediate level of the Company Secretaryship course of the Institute of Company Secretaries of India. He had taken the Company Secretaryship course while doing his articleship for CA course with CR chartered accountant C Narendran in Salem.
“Most of the students procrastinate and rush through the books in the last four or five months. But I resolved to study at least two hours every day in a consistent manner,” he told The New Indian Express.
Ram has not made a decision about whether he wants to take up a corporate job or start professional practice. “When I was in Class 7, one of my relatives spoke to me about the CA course and also said I need not work under anyone if I clear the exam. This is what is ringing in my ears and I am yet to take a decision on whether to join any company or practise,” he told TOI. Currently, he is in his last month of third year articleship training, which is a three-year mandatory training period for CA students.
This is the second consecutive time that a student from Tamil Nadu has secured the all-India first rank in CA final exam.