CA Final and Inter Admission Process for New Course ICAI May 2024

CA Final and Inter Admission Process: The CA exams, conducted by the Institute of Chartered Accountants of India (ICAI), are renowned for their difficulty in India. Divided into three stages – Foundation, Intermediate, and Final – these exams pave the way for individuals to become Chartered Accountants (CAs).

CA Final and Inter Admission Process 2024 Levels

1. CA Foundation Exam:

• The starting point in the CA journey.
• Conducted by ICAI twice a year, in June and December.
• Registration with the Board of Studies (BoS) is necessary post class X exams.
• Foundation-level eligibility is attained after passing the Class 12th exams.

2. CA Intermediate Exam:

• The second tier comprises two groups with four courses each.
• To attempt the CA Intermediate test, candidates must pass the CA Foundation exam or hold a graduate degree.

3. CA Final Exam:

• The ultimate stage toward becoming a Chartered Accountant.
• Registration for CA Final exams is open during the articleship period after clearing both levels of CA Intermediate.
• CA Final level consists of two groups, each featuring four papers.

What is the CA Final and Inter Admission Process for New Course ICAI May 2024?

• The test format has undergone a complete overhaul.
• The number of exams has been reduced from 8 to 6 for both CA Intermediate and CA Final.
• Across all CA Intermediate and CA Final disciplines, Multiple Choice Questions (MCQs) have been introduced.

CA Final and Inter Admission Process: Eligibility Criteria

• Intermediate Level Success: Students need to successfully clear both groups of the CA Intermediate level.
• Articleship Training Requirement: Completion of a minimum of 2.5 years of articleship training is mandatory. This training is conducted under the guidance of a certified firm, providing practical exposure and experience.

Documents Required for CA Final and Inter Admission Registration 2024

• Recent Passport-Sized Photograph: A current, coloured passport-sized photograph of the candidate.
• CA IPCC/CA Intermediate Marksheet: The mark sheet from CA IPCC/CA Intermediate, duly authenticated.
• Proof of Nationality (for International Students): Documentation serving as proof of nationality for international students.
• Special Category Certificate (For SC/ST/Disabled Candidates): An attested copy of the special category certificate applicable for SC/ST/disabled candidates.
• CA Foundation/CPT Marksheet (If Not Applying Directly): If the candidate is not applying through the straight pathway, submission of the CA Foundation/CPT marksheet is required.

Steps to Register for CA Final and Inter Admission Process

• Complete revalidation by submitting the form online through the student dashboard.
• Enrol as a current student and pay the final revalidation fee of Rs. 500.

CA Final Admission Process Fees 2024

CA Final Syllabus 2024

CA Final Exam Pattern 2024

• CA Final exams are segmented into two groups.
• Each group consists of four disciplines, forming a comprehensive evaluation.
• To successfully clear the CA Final exams, students must secure a passing grade in each of the four disciplines within both groups.

What is CA Final and Inter Course Duration for New Course ICAI May 2024?

• The duration of the CA Articleship, previously three years, is now two years.
• The overall course duration has been condensed from 48 months to 42 months in the new program.

What are Changes in CA Syllabus & Pattern for New Course ICAI May 2024?

• Business Correspondence and Reporting removed from the Law paper.
• Business Economics Business and Commercial Knowledge section removed from the Economics Paper.

• Introduction of a new section on the Code of Ethics in Auditing.

• AFM (Advanced Financial Management) acronym explained as Advanced Financial Management.
• Addition of new topics in derivatives.

• New Scheme Negative Marking: ICAI has introduced a 25% negative marking policy for all subjects in CA Final and Intermediate New Course.
• Exemption requirements are modified under the new plan.
• Exempt papers (60+ marks) are now considered permanently passed by ICAI.
• Students must individually achieve 50% in the remaining papers.
• The option to forfeit exemptions is available under the new ICAI program.

CA Final Result 2024

• To pass a CA Final group, students need to secure a minimum of 40% on each paper.
• Additionally, an overall score of 50% is required for the group.
• Meeting these criteria ensures the declaration of passing for that specific group.

CA Final and Inter Admission Process: Important Points

• ICAI has completely revamped the CA test pattern under the new structure.
• There are now six instead of eight tests available for the CA Intermediate and CA Final levels.
• A noteworthy enhancement is the introduction of Multiple Choice Questions (MCQs) in all CA Intermediate and CA Final subjects.
• A significant change in the new CA system is the reduction of the CA Articleship duration from three to two years, effective from May 2024.
• This alteration contributes to shortening the entire course duration from 48 to 42 months.
• The admission process for the CA Final & Inter New Course ICAI May 2024 is underway.
• Seize this opportunity to enter the realm of professional excellence as you embark on your Chartered Accountancy journey.