Chennai: S Sri Ram of Salem in Tamil Nadu has secured the all-India first rank in Chartered Accounts (CA) final examination.
The results of final examination and common proficiency test held in June this year were released a few days ago, but the Institute of Chartered Accountants of India sent the mail to media only on Monday evening.
Sri Ram has secured 76.63 percent while Kantheti Naga Venkata Viswa Upendra from Vijayawada came second with 76.25 percent and Yash Manojkumar Goyal from Jamnagar, Gujarat, third with 74.88 percent.
Overall 11.36 percent of the students who appeared in both groups of the final exams have become chartered accountants.
Sri Ram’s father is a retired employee of a government transport corporation and mother is employed at district library in Salem.
This is the second consecutive time a student from Tamil Nadu has secured the all-India first rank in CA final exam. Last year, James John Britto of Chennai secured the first rank with 74.38 percent.
“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,” Sri Ram told The Times of India over phone from Salem.
He completed both groups in the intermediate exam in 2013 in the first attempt and secured all-India seventh rank. “I did my article ship with CR chartered accountant C Narendran in Salem but attended classes in Chennai at Prime Academy. After completing my inter, I started to prepare for final. I spent only two to three hours each day,” said Sri Ram.
He is confused about whether to work in a company or practice as a chartered accountant.
“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 practice,” he added.