## Report on Examination Schedule Notification by the Institute of Chartered Accountants of India
**1. Executive Summary:**
This report analyzes a notification issued by the Institute of Chartered Accountants of India (ICAI) regarding the schedule for Chartered Accountant Examinations in January/February 2021. This notification addresses students who opted out of the November 2020 examinations and chose to participate in the November 2020 Cycle II. Key findings include the detailed examination schedule for various courses (Foundation, Intermediate, Final) under both old and new schemes, examination timings, and clarification regarding public holidays and reading time. The report focuses specifically on these updated examination details.
**2. Introduction:**
This report aims to provide a detailed overview of the ICAI notification concerning the examination schedule for the Chartered Accountant Examinations scheduled from January 21st, 2021, to February 7th, 2021. This analysis is based solely on the provided notification text.
**3. Policy Overview:**
This notification specifies the examination schedule for candidates who opted out of the November 2020 examinations and chose to participate in Cycle II.
* **Core Objective(s):** The primary objective is to inform candidates about the updated examination schedule for January/February 2021 examinations, including specific dates and timings for various courses and schemes. It also clarifies the duration of exams and reading time guidelines.
**4. Background and Rationale:**
* **Reason for this Specific Notification:** The notification addresses the need to reschedule examinations for students who opted out of the November 2020 examinations due to unforeseen circumstances. This rescheduling ensures that these students have an opportunity to complete their examinations in a timely manner. It provides updated logistics (timings, durations) to ensure clarity.
**5. Key Provisions / Changes:**
This notification details the changes introduced:
* **New Examination Schedule:** The notification clearly outlines the examination schedule for the Foundation Course, Intermediate IPC Course (Old Scheme), Intermediate Course (New Scheme), Final Course (Old Scheme), and Final Course (New Scheme). The dates are specified for each group within each course.
* **Examination Timings:** The notification specifies the examination timings for all courses. The general timing is 2 PM to 5 PM (3 hours duration), except for Foundation Papers 3 & 4 (2 PM to 4 PM, 2 hours duration) and Final Examination under New Scheme Paper 6 Elective (2 PM to 6 PM, 4 hours duration).
* **Public Holiday Clarification:** The notification explicitly states that the examination schedule will remain unchanged even if any examination date is declared a public holiday by the Central or State Government.
* **Reading Time Allocation:** Candidates are informed about a 15-minute advance reading time from 1:45 PM to 2:00 PM for all papers except for Papers 3 & 4 of the Foundation Examination.
**6. Target Audience and Stakeholders:**
The primary target audience is candidates who opted out of the November 2020 Chartered Accountant Examinations and chose to participate in the November 2020 Cycle II. This also affects invigilators and examination centers.
**7. Implementation Aspects (Inferred):**
* **Responsible Agency/Bodies:** The Institute of Chartered Accountants of India (ICAI) is responsible for implementing this notification.
* **Timelines/Procedures:** The notification specifies the examination schedule from January 21st, 2021, to February 7th, 2021. Candidates are expected to adhere to the specified dates and timings. The notification mentions the Chartered Accountants Regulations, 1988, as the governing framework.
* Candidates should also regularly check the institute's website www.icai.org
**8. Expected Outcomes / Impact of Changes:**
The likely intended outcome of these changes is to provide clarity and certainty to candidates who opted out of the November 2020 examinations, ensuring that they are well-informed about the rescheduled examination dates, timings, and other relevant instructions. The specific changes aim to facilitate a smooth and organized examination process. The notification enables candidates to prepare effectively for their examinations, knowing that the schedule will remain consistent regardless of public holidays.
**9. Conclusion:**
The ICAI notification provides essential information regarding the rescheduled Chartered Accountant Examinations in January/February 2021 for students who opted out of the November 2020 examinations. It details the examination schedule, timings, and specific instructions, ensuring that candidates are well-prepared for their examinations. The notification's significance lies in its clarity and provision of essential logistical details, ensuring a fair and transparent examination process.
Key Entities Referenced
NEW DELHI: Location of publication; likely New Delhi, Delhi, India
December 2020: Date related to the notification and examinations
Chartered Accountant Examinations: The name of the examinations that are the subject of this notification.
November 2020 Examinations: Previous examinations from which students opted out.
November 2020 Cycle II: Refers to a specific cycle of the November 2020 examinations.
21st January 2021 to 7th February, 2021: The dates during which the examinations are scheduled.
FOUNDATION COURSE EXAMINATION: One of the examination types being conducted.
Chartered Accountants Regulations, 1988: A set of regulations governing the examinations. Specifically Regulation 25 F 3, 28 E 3, 28 G 4, 31 ii, and 31 iv.
INTERMEDIATE IPC COURSE EXAMINATION: One of the examination types being conducted under OLD SCHEME.
INTERMEDIATE COURSE EXAMINATION: One of the examination types being conducted under NEW SCHEME.
FINAL COURSE EXAMINATION: One of the examination types being conducted under OLD SCHEME and NEW SCHEME.
Central Government: Refers to the Government of India.
State Government: Refers to the government of individual states within India.
www.icai.org: The website of the Institute of Chartered Accountants of India.
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA: The organization responsible for conducting the examinations.
RAKESH SEHGAL: Acting Secretary of THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA.
Ring Road, Mayapuri, New Delhi: Address of Government of India Press, likely New Delhi, Delhi, India
Delhi: Location of Controller of Publications, Delhi, India
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असाधारण
EXTRAORDINARY
भाग III—खण् ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
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[जवज्ञापन-III/4/असा./437/2020-21][भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
NOTIFICATION
New Delhi, the 13th December 2020
No. 13-CA (EXAM)/Jan./2021: It is notified for general information that next Chartered Accountant
Examinations for the students who had opted-out from November 2020 Examinations and opted for November 2020
Cycle - II is scheduled from 21st January 2021 to 7th February, 2021 as per details given below.
FOUNDATION COURSE EXAMINATION
[As per syllabus contained in the scheme notified by the Council under Regulation 25 F (3) of the Chartered
Accountants Regulations, 1988.]
21st, 23rd, 25th & 28th January 2021
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 : 22nd, 24th, 27th & 29th January 2021
Group-II 1st, 3rd and 5th February 2021
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 : 22nd, 24th, 27th & 29th January 2021
Group-II 1st, 3rd , 5th and 7th February 2021
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 : 21st, 23rd, 25th & 28th January 2021
Group -II: 30th January 2021, 2nd, 4th and 6th February 2021
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 : 21st, 23rd, 25th & 28th January 2021
Group -II: 30th January 2021, 2nd, 4th and 6th February 2021
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 Hours4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4]
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
*In Paper 3 and 4 of Foundation Examination 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).
The Candidates are further advised to note the above and stay in touch with the website of the Institute, www.icai.org.
RAKESH SEHGAL, Acting Secy.
[ADVT. III/4/Exty./437/2020-21]
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.