First ICAI CA exam under new scheme to be held in May 2024
Tanuja Joshi | August 25, 2023 | 04:38 PM IST | 2 mins read
The exemptions will be effective for the ICAI CA May exam 2024.
NEW DELHI: The Institute of Chartered Accountants of India (ICAI) has issued a notice regarding the exemptions from appearing in CA Intermediate and CA Final exams under the New Scheme of Education and Training on the official website – icai.org. The exemptions will be effective for the ICAI CA May exam 2024.
Recommended: Download Free Important E-Books Releated to ICAI Exam Preparation. Click Here
According to the institute, it will grant exemptions under the new syllabus for CA Intermediate exams and for CA Final exams to the existing students for papers passed by them under the old, existing scheme.
An official statement from ICAI read, “ For the Final CA exams the council has decided to continue to award exemption in a paper or papers to a candidate, granted earlier under the old, existing scheme, for the unexpired chance(s) of the exemption in the corresponding paper(s) approved by the council under the new scheme.”
ALSO READ| ICAI CA foundation, inter, final exam dates for November 2023 session announced at icai.org
The council further stated,” A candidate who has passed in any one but not in both the groups of the Final Examination under the existing scheme shall be eligible for exemption in that particular group and shall be required to appear and pass in the remaining group or paper(s) in order to pass the CA Final examination under the new scheme.”
For the CA intermediate exam, the council decided to continue to award exemption in a paper or papers to a candidate, granted earlier under the old, existing scheme, for the unexpired chance(s) of the exemption in the corresponding paper(s) approved by the council under the new scheme.
CA Intermediate Exam: Exemptions under new scheme
Candidates can check the table below for the exemptions given by the ICAI under the new scheme.
|
Paper(s) under Existing Scheme |
Corresponding paper(s) under New Scheme |
|
Paper 1: Accounting |
Paper 1: Advanced Accounting |
|
Paper 2: Corporate and Other Laws |
Paper 2: Corporate and Other Laws |
|
Paper 3: Cost and Management Accounting |
Paper 4: Cost and Management Accounting |
|
Paper 4: Taxation |
Paper 3: Taxation |
|
Paper 5: Advanced Accounting |
Paper 1: Advanced Accounting |
|
Paper 6: Auditing and Assurance |
Paper 5: Auditing and Ethics |
|
Paper 7: Enterprise Information Systems and Strategic Management |
Paper 6: Financial Management and Strategic Management |
|
Paper 8: Financial Management and Economics for Finance |
Paper 6: Financial Management and Strategic Management |
Follow us for the latest education news on colleges and universities, admission, courses, exams, research, education policies, study abroad and more..
To get in touch, write to us at news@careers360.com.
Next Story
]Featured News
]- IIM Fees vs Placements: Soaring cost, stagnant salaries, students in debt
- Delhi University plans study-abroad programme for UG students, scholarships for some
- Hostel Life: Bad food, dirty toilets, sky-high fees – the truth about higher education’s crumbling backbone
- No UGC framework, no scope of AI-free assignments; teachers rethink class assessment with viva voce
- Assam Women’s University: From handful of students to robots in village schools, AWU is just getting started
- Teacher Training: Deemed university on paper, NITTTRs lose ground as AICTE, MMTTCs muscle in on domain
- CBSE mandatory 3rd language rule leaves Sanskrit as only R3 option at many pvt English-medium schools
- Mofussil to Markets: SNDT Women’s University is taking fashion design boom to the Maharashtra hinterlands
- Promised, but missing: Five years on, National Digital University reduced to a budget item, with no funds
- Amravati University drops Marathi novel on Covid lockdown from syllabus; ‘targeting literature,’ says author