Home India The Institute of Chartered Accountants of India In its continuous endeavour for the benefit of students, Cou...
Date: 25-Apr-2024 Category: Extra Ordinary State: Union Government Country: India

In its continuous endeavour for the benefit of students, Council of the Institute decided that from May June 2024

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

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

What it means

  • The Institute of Chartered Accountants of India (ICAI) has announced that the Intermediate and Foundation course examinations will now be held thrice a year (May/June, September, and January) instead of twice a year, starting from May/June 2024.
  • The CA Final course examination will continue to be held twice a year in May and November.

Key Changes

  • Frequency of Intermediate and Foundation course exams increased from twice to thrice annually.
  • The new exam schedule includes May/June, September, and January.
  • Eligibility criteria for Foundation course: Registered with the Board of Studies for a minimum of four months before the 1st day of the exam month, as per Regulation 25F.
  • Eligibility criteria for Intermediate course: Completion of a study course for a minimum of eight months before the 1st day of the exam month, as per Regulation 28G. Details available at https://resource.cdn.icai.org/75788ca-regulations-61309.pdf.
  • CA Final course exams remain unchanged, held twice a year in May and November.

Impact Analysis

Students

  • Students are advised to refer to the official ICAI notification and website for detailed information and updates.

ICAI

  • ICAI needs to update its regulations and guidelines to reflect the new exam schedule.

Coaching Institutes

  • Coaching institutes need to update their students on the changes in exam schedule and eligibility criteria.

Suggested Action Items

  • Coaching Institutes: Adapt course schedules and teaching methodologies to align with the new exam frequency and inform students about the changes.

Key Entities Referenced

The Institute of Chartered Accountants of India (ICAI): The governing body responsible for regulating the profession of Chartered Accountancy in India. Board of Studies: A committee within ICAI responsible for developing and updating the study materials and curriculum for the CA courses. Regulation 25F: ICAI regulation specifying the eligibility criteria for admission to the Foundation course examination. Regulation 28G: ICAI regulation specifying the eligibility criteria for the Intermediate course examination.
Official Source Record View Original Source →
See Full Document Text
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-25042024-253857 xxxGIDHxxx CG-DL-E-25042024-253857 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 275] िई दिल्ली, बृहस्ट्ि जतवार, अप्रलै 25, 2024/विै ाख 05, 1946 No. 275] NEW DELHI, THURSDAY, APRIL 25, 2024/VAISAKHA 05, 1946 दि इंजस्ट्िट्यिू ऑफ़ चािटडट एकाउंिेंट्स ऑफ़ इंजडया [ससं िीय अजधजियम द्वारा स्ट्थाजित] अजधसचू िा िई दिल्ली, 15 अप्रलै , 2024 (चािटडट अकाउंिेंि) क्रमाकं 13-सीए (िरीक्षा)/2024.—छात्रों के लाभ के जलए अििे जिरंतर प्रयास म,ें सस्ट्ं थाि की िररषि ि े जिणटय जलया दक मई/िूि 2024 से इंिरमीजडएि और फाउंडेिि िाठ्यक्रम की िरीक्षाएं वषट म ें िो बार मौिूिा प्रथा से वषट में तीि बार मई/िूि, जसतंबर और ििवरी में आयोजित की िाएंगी। िरीक्षाओं की अजधक आवृजि होिे से छात्रों को िरीक्षा में बैठि ेका अजधक अवसर जमलगे ा। वे छात्र िो फाउंडेिि कोसट िरीक्षा में प्रवेि के जलए िात्रता माििंडों को िूरा कर रह े हैं, यािी जिस महीिे म ें िरीक्षा आयोजित की िाती है, उसके िहले दिि या उससे िहले अन्य िात्रता के साथ कम से कम चार महीिे की अवजध के जलए संस्ट्थाि के बोडट ऑफ स्ट्िडीि के साथ िंिीकृत होते ह ैं जवजियमि 25एफ म ें जिर्िटष्ट ितें और इंिरमीजडएि िाठ्यक्रम िरीक्षा के जलए अथाटत संस्ट्थाि के अध्ययि बोडट के साथ िंिीकृत और इस आिय का प्रमाण ित्र प्रस्ट्तुत करता ह ै दक वह महीिा जिसमें िरीक्षा आयोजित की िाती ह,ै उसि े िहले दिि कम स े कम आठ महीिे की अवजध के जलए अध्ययि िाठ्यक्रम िरू ा दकया ह,ै जवजियमि 28िी में जिर्िष्टट अन्य िात्रता ितों के साथ (जववरण https://resource.cdn.icai.org/75788ca-regulations-61309.pdf िर) अगली िात्र िरीक्षा म ें उिजस्ट्थत हो सकत े ह।ैं 2704 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] गौरतलब ह ैदक सीए फाइिल कोसट की िरीक्षा साल में िो बार मई और िवंबर महीि े में आयोजित होती रहगे ी। छात्रों को सलाह िी िाती ह ैदक वे उिरोक्त बातों िर ध्याि िें और तििुसार कायट करें। सीए. (डॉ.) िय कुमार बत्रा, सजचव [जवज्ञािि-III/4/असा./044/2024-25] THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA [Set up by an Act of Parliament] NOTIFICATION New Delhi, the 15th April, 2024 (Chartered Accountants) No. 13-CA (EXAM)/2024.—In its continuous endeavour for the benefit of students, Council of the Institute decided that from May/June 2024 onwards, Intermediate & Foundation course Examinations will be held thrice in a year in the month of May/June, September and January from the existing practice of twice a year. Due to more frequency of exams, students will get more opportunity to appear in the exam. Students who are fulfilling the eligibility criteria for Admission to the Foundation course examination i.e registered with the Board of Studies of the Institute for a minimum period of four months on or before the 1st day of the month in which the examination is held along with other eligibility conditions specified in Regulation 25F and for Intermediate course Examination i.e registered with the Board of Studies of the Institute and produces a certificate to the effect that he has undergone a study course for a period of not less than eight months as on the first day of the month in which the examination is held along with other eligibility conditions specified in Regulation 28G (details at https://resource.cdn.icai.org/75788ca-regulations-61309.pdf) can appear in the next eligible exam. It may be noted that the CA Final course examination will continue to be held twice a year in the month of May and November. Students are advised to take note of the above and act accordingly. CA. (Dr.) JAI KUMAR BATRA, Secy. [ADVT.-III/4/Exty./044/2024-25] 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.

Continue your research