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Date: 2020-06-19 Category: Extra Ordinary State: Union Government Country: India

Chartered Accountant Examinations initially scheduled from 2nd May 2020 to 18th May 2020 stand rescheduled and the said examinations shall now be held

Issued by The Institute of Chartered Accountants of India · Not Applicable

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Executive Summary & Key Takeaways

Executive Summary: This notification announces the rescheduling of the Chartered Accountant Examinations due to the COVID-19 pandemic. The exams, initially scheduled for May 2nd to May 18th, 2020, will now be held from July 29th to August 16th, 2020. The notification details the exam schedule and timings for various courses and groups. There will be no change in the examination schedule in the event of any day of the examination schedule being declared a Public Holiday. Key Points / Main Content: Rescheduled Examinations: Chartered Accountant Examinations are rescheduled from July 29th to August 16th, 2020. The rescheduling is due to the COVID-19 pandemic and in the interest of students' well-being. Examination Schedule and Timings: Foundation Course Exam (New Scheme): August 7th, 9th, 11th, and 14th, 2020. Intermediate IPC Course Exam (Old Scheme): Group I: July 30th, August 2nd, 4th, and 6th, 2020. Group II: August 8th, 10th, and 13th, 2020. Intermediate Course Exam (New Scheme): Group I: July 30th, August 2nd, 4th, and 6th, 2020. Group II: August 8th, 10th, 13th, and 16th, 2020. Final Course Exam (Old Scheme): Group I: July 29th, 31st, August 3rd, and 5th, 2020. Group II: August 7th, 9th, 11th, and 14th, 2020. Final Course Exam (New Scheme): Group I: July 29th, 31st, August 3rd, and 5th, 2020. Group II: August 7th, 9th, 11th, and 14th, 2020. International Trade Laws and World Trade Organisation (ITL WTO), Part I Exam: Group A: July 30th, August 2nd, 2020 Group B: August 4th, 6th, 2020 International Taxation Assessment Test (INTT AT): August 7th and 9th, 2020. Exam Timings: Papers 1 & 2 of Foundation Exam: 2 PM to 5 PM (3 hours). Papers 3 & 4 of Foundation Exam: 2 PM to 4 PM (2 hours). Intermediate IPC & New Scheme (All Papers): 2 PM to 5 PM (3 hours). Final Old & New Scheme (All Papers): 2 PM to 5 PM (3 hours). Final New Scheme Paper 6 (Elective): 2 PM to 6 PM (4 hours). Post Qualification Course Exams (All): 2 PM to 5 PM (3 hours). Additional Information: The exam schedule will remain unchanged even if a public holiday is declared. Papers 3 and 4 of the Foundation Exam are of 2 hours duration. Elective Paper 6 of the Final Exam (New Scheme) is of 4 hours duration. All other exams are of 3 hours duration. No advance reading time for Paper 3 & 4 of Foundation Exam and Post Qualification Course Exams. 15 minutes of advance reading time (1:45 PM to 2:00 PM) for all other exams. Impact Analysis: Students: Impact: The rescheduling of exams impacts students preparing for the Chartered Accountant Examinations. The exam dates have shifted, and they need to adjust their study plans accordingly. Action Required: Students should note the new exam dates and timings and revise their study schedules. They should also take note of the change in duration for foundation papers 3 & 4 and elective paper 6 of Final Examination. The Institute of Chartered Accountants of India (ICAI): Impact: The ICAI is responsible for conducting the examinations. The rescheduling requires logistical adjustments. Action Required: The ICAI needs to ensure that all examination centers are informed of the new dates and that the necessary arrangements are made to conduct the exams as per the revised schedule.

Key Entities Referenced

COVID-19: The ongoing pandemic that led to the rescheduling of the Chartered Accountant Examinations. Chartered Accountant Examinations: The examinations conducted by the Institute of Chartered Accountants of India, which were rescheduled due to the COVID-19 pandemic. Institute of Chartered Accountants of India: The organization responsible for conducting the Chartered Accountant Examinations. New Delhi: The city where the notification was issued. Chartered Accountants Regulations, 1988: The regulations under which the syllabus is notified for the Chartered Accountant Examinations. Foundation Course Examination: One of the courses under Chartered Accountant Examinations, under New Scheme. Intermediate IPC Course Examination: One of the courses under Chartered Accountant Examinations, under OLD Scheme. International Trade Laws and World Trade Organisation ITL WTO: One of the Post Qualification Course Examinations.
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FOUNDATION COURSE EXAMINATION – Under NEW SCHEME [As per syllabus contained in the scheme notified by the Council under Regulation 25 F (3) of the Chartered Accountants Regulations, 1988.] 7th, 9th, 11th & 14th August 2020 INTERMEDIATE (IPC) COURSE EXAMINATION – Under OLD SCHEME [As per syllabus contained in the scheme notified by the Council under Regulation 28 E (3) of the Chartered Accountants Regulations, 1988] Group-I : 30th July 2020, 2nd, 4th & 6th August 2020 Group-II: 8th, 10th & 13th August 2020 INTERMEDIATE COURSE EXAMINATION – Under NEW SCHEME [As per syllabus contained in the scheme notified by the Council under Regulation 28 G (4) of the Chartered Accountants Regulations, 1988.] Group-I : 30th July 2020, 2nd, 4th & 6th August 2020 Group-II: 8th, 10th, 13th & 16th August 2020 FINAL COURSE EXAMINATION - Under OLD SCHEME [As per syllabus contained in the scheme notified by the Council under Regulation 31 (ii) of the Chartered Accountants Regulations, 1988.] Group –I : 29th , 31st July 2020, 3rd & 5th August 2020 Group -II: 7th, 9th, 11th & 14th August 2020 FINAL COURSE EXAMINATION - Under NEW SCHEME [As per syllabus contained in the scheme notified by the Council under Regulation 31 (iv) of the Chartered Accountants Regulations, 1988.] Group -I: 29th , 31st July 2020, 3rd & 5th August 2020 Group -II: 7th, 9th, 11th & 14th August 2020 INTERNATIONAL TRADE LAWS AND WORLD TRADE ORGANISATION (ITL & WTO), Part I EXAMINATION4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4] Group A 30th July 2020 & 2nd August 2020 Group B 4th & 6th August 2020 INTERNATIONAL TAXATION – ASSESSMENT TEST (INTT – AT) 7th & 9th August 2020 It may be emphasized that there would be no change in the examination schedule in the event of any day of the examination schedule being declared a Public Holiday by the Central Government or any State Government / Local Holiday. Candidates may note that two of the papers viz. Paper(s) 3 & 4 of Foundation Examination are of 2 hours duration. Similarly, Elective Paper - 6 of Final Examination (under New Scheme) is of 4 hours. However, all other examinations are of 3 hours duration, and the examination wise timing(s) are given below: Examination Paper(s) Exam. Timings (IST) Duration Paper 1 & 2 2 PM to 5 PM 3 Hours Foundation Paper 3 & 4* 2 PM to 4 PM 2 Hours Intermediate (IPC) All Papers 2 PM to 5 PM 3 Hours Intermediate (New Scheme) All Papers 2 PM to 5 PM 3 Hours Final (Old Scheme) All Papers 2 PM to 5 PM 3 Hours Paper 1 to 5 & 2 PM to 5 PM 3 Hours Final (New Scheme) Paper 7 & 8. Paper 6 (Elective) 2 PM to 6 PM 4 Hours Post Qualification Course Examinations ALL 2 PM to 5 PM 3 Hours i.e. (ITL & WTO), Part I and (INTT – AT) *In Paper 3 and 4 of Foundation Examination and all papers of Post Qualification Course Examinations there will not be any advance reading time, whereas in all other papers / exams mentioned above, an advance reading time of 15 minutes will be given from 1.45 PM (IST) to 2 PM (IST). Foundation Course Examination is to be held along with Final Group –II Examinations on 7th, 9th, 11th & 14th August 2020 and the Post Qualification Course Examination i.e. INTT - AT is to be held along with Final Group – II Examination on 7th & 9th August 2020, whereas ITL & WTO examination is to be held along with 4 papers, Group – I of Intermediate (IPC) / Intermediate Examinations. RAKESH SEHGAL, Acting Secy. [ADVT.-III/4/Exty./73/2020-21] Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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