In continuation to Announcement dated 5 6 2021 students may note the revised schedule of Chartered Accountant Foundation Examinations commencing

## Report on Amendment to Chartered Accountant Foundation Examinations **1. Executive Summary:** This report analyzes a notification amending the schedule for the Chartered Accountant (CA) Foundation Examinations under the new scheme. The core purpose of this amendment is to revise the examination schedule, specifically the commencement date, and to clarify examination timings and advance reading time allocation. Key findings include the rescheduled examination dates commencing from 24th July 2021, assurance of examinations proceeding irrespective of declared public holidays, and specified timings with advance reading time for certain papers. **2. Introduction:** This report aims to provide a clear and concise overview of the recent amendment to the Chartered Accountant (CA) Foundation Examinations, based solely on the provided notification. The report focuses on the changes introduced and their potential impact on the target audience. **3. Policy Overview:** * This is an *amendment* to the existing policy governing the Chartered Accountant Foundation Examinations under the new scheme, as notified by the Council under Regulation 25 F 3 of the Chartered Accountants Regulations, 1988. * The core objective of the original policy, inferred from the text, is to regulate and conduct the CA Foundation Examinations according to established guidelines. The *amendment's* objective is to revise the schedule and clarify associated examination details. **4. Background and Rationale:** The amendment addresses the need to revise the examination schedule following an initial announcement. The phrase "In continuation to Announcement dated 5.6.2021" suggests a prior announcement regarding the exam schedule, which this amendment now supersedes. The amendment likely responds to unforeseen circumstances or logistical adjustments that necessitated a change in the original timetable. **5. Key Provisions / Changes:** This section details the specific changes introduced by the amendment: * **What Specific Part of the Original Policy is Being Changed:** The amendment primarily alters the "schedule of Chartered Accountant Foundation Examinations." * **What the *new* rule/provision *is*, based *only* on the amendment text:** * The revised schedule indicates the examinations will commence from 24th July 2021. Specific dates include 24th, 26th, 28th and 30th July 2021. * The amendment explicitly states that examinations will proceed as scheduled, even if a day is declared a public holiday by the Central or State Government. * Specific examination timings are provided: Foundation Papers 1 & 2 will be held from 2 PM to 5 PM (3 hours duration). Foundation Papers 3 & 4 will be held from 2 PM to 4 PM (2 hours duration). * Advance reading time of 15 minutes (from 1:45 PM to 2:00 PM IST) will be provided for all papers/exams *except* Papers 3 and 4 of the Foundation Examination. * **Explain the *difference* or the *effect* of this specific change:** * The amendment directly affects the date on which the CA Foundation Examination commences and provides clarity with respect to the individual exam dates. * The clarification regarding public holidays ensures that students can plan their preparations without uncertainty about potential cancellations. * The explicitly stated exam timings and the allocation of advance reading time allows candidates to understand the structure of the examinations. * The information about advance reading time clarifies when candidates have access to the exam questions. **6. Target Audience and Stakeholders:** The primary target audience and stakeholders are: * Students preparing for the Chartered Accountant Foundation Examinations. * The Institute of Chartered Accountants of India (ICAI), responsible for conducting the examinations. * Examination centers and proctors. * Coaching institutions and educators preparing students for the CA Foundation Examinations. **7. Implementation Aspects (Inferred):** * **Responsible agency/bodies mentioned:** The Institute of Chartered Accountants of India (ICAI) is implicitly responsible for implementing the changes and communicating them to stakeholders through its website (www.icai.org). * **Any timelines or procedures specified *in the text*?:** The amendment provides a timeline by specifying the revised examination dates commencing from 24th July 2021. * Implementation related to the changes includes updating examination schedules, informing examination centers, and ensuring that the amended rules regarding examination timings and reading time are followed. **8. Expected Outcomes / Impact of Changes:** The likely intended outcomes of these specific changes are: * Reduced uncertainty among students regarding the examination schedule. * Clarity on examination timings and advance reading time, promoting fair and consistent conditions for all candidates. * Efficient and uninterrupted conduct of the examinations, regardless of public holidays. * Smoother logistical planning for the ICAI and examination centers. **9. Conclusion:** The amendment to the Chartered Accountant Foundation Examinations, detailed in the provided notification, represents a key update to the examination schedule and provides clarity on examination logistics. The revised dates, guaranteed examination continuation irrespective of public holidays, and clear articulation of exam timings and advance reading time will positively impact students preparing for the examinations. The amendment underscores the importance of staying updated with the Institute's official communication channels.

Key Entities Referenced