Chennai boy James Britto tops CA final exam: Obtains 595 out of 800

James John Britto of Chennai
 who topped the chartered accountancy final exams

Making his hometown proud, the 23-year-old Chennai boy, James John Britto, has obtained an all-India first rank in the CA (Chartered Accountancy) final examination in his very first attempt. The results for the same were announced on Sunday, i,e January 17.

A B.Com graduate, James completed his graduation from Loyola College, he appeared for the CA final exam conducted by the Institute of Chartered Accountants of India (ICAI) in last November and December. The second rank was obtained by Mohan Kumar Nagolu from Thottamledu, a non-descript hamlet under Chodavaram village panchayat near Srikalahasti in Chittoor district, Andhra.

According to newspaper reports, Britto secured 74.38 per cent (595/800) and Mohan Kumar obtained 71.50 per cent (572/800). Avinash Sancheti, from Kolkata, came third with 70.75 per cent (566/800). CA final exam is one of the toughest exams which is divided into three levels, namely, Common Proficiency Test (CPT), Integrated Professional Competence Course (IPCC) and the final examination. ICAI holds the exams twice a year.

Britto gives the credit of his success to his sheer dedication and focus. He used to study hard for 10 to12 hours on an average every day. His father too, is a successful CA and has been in the industry for the past 30 years. He helped Britto a lot during the preparations, and Britto owes much of the credit for his success to his father as well.

It was Manoj Fadnis, the president of the Institute of Chartered Accountants of India (ICAI), who called up Mohan to inform him about his results. His father is a farmer, while his brother Bhanuprakash has completed his B.Tech. Out of all the students who appeared in both groups in the final exam, overall 5.75 per cent students passed the exam. A total of 12.61 per cent of the candidates passed among students who appeared for the first group, and 11.99 per cent passed in the second group. Like previous years, this time too, students and experts complained that the ICAI evaluation was too strict, resulting in the low pass percentage. Students have complained about flunking in aggregate or in a subject by one or two marks. 

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