How to Convert CA Old to CA New Syllabus for May 2024 Exams?
The ICAI implemented the CA New Scheme and CA New Course on July 1, 2023. Check out this article to learn How to Convert the CA Old to the CA New Syllabus for the May 2024 Exams.
Ca Narayan20 Nov, 2023
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CA New Syllabus: The Institute of Chartered Accountants of India (ICAI) has introduced the CA New Scheme of Education and Training 2023, effective from July 1, 2023. This revamped curriculum brings significant changes to the CA Course, including alterations in both content and practical training duration. Published in the Indian Gazette on June 22, 2023, the new syllabus has prompted a crucial need for students to transition from the old to the new CA syllabus.
In this guide, we'll walk you through the simple steps of how to smoothly convert from the old CA syllabus to the updated one before the upcoming 2024 examinations. Let's dive into the details.| Also Read: | |
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Conversion Of CA Old To CA New Syllabus
Transitioning from the CA Final Old Syllabus to the CA New Syllabus is a straightforward process outlined by the Institute of Chartered Accountants of India (ICAI). To initiate the conversion, students need to check their eligibility criteria and then proceed to pay the requisite conversion fees. Following this, ICAI takes the reins, dispatching the necessary study materials for the updated syllabus. Initially, students were provided with the opportunity to voluntarily convert from the CA Final old scheme to the new one, with a specific cut-off date. For instance, the last conversion deadline for the May 2022 exams was March 13, 2022. This involved filling out conversion forms on the SSP portal and covering the conversion charges of 1000 or $50. However, ICAI has now simplified the process by automatically converting students from the old scheme to the revised scheme. Stay tuned as we guide you through the changes and updates in the CA New Syllabus.Normal Route Students
Case 1: Students who are registered with the Old Course and eligible to appear in the Examination or appeared but couldn’t pass any group yet
It's crucial for students to wrap up their conversion process, as ICAI has set a deadline for those aiming to appear for exams in May 2022 under the new syllabus. To initiate the transition, students are required to pay a conversion fee of Rs 1000/- (US$50). Once the conversion is done, ICAI ensures that study materials are sent to students without any additional charges. It's worth noting, however, that while the study materials come free of cost, students will need to cover the transportation expenses associated with receiving them.Case 2: Old Course Registered Students and Passed Group -1
For old registered students who have successfully tackled Group 1 with the old course and are eyeing a switch to the Revised Scheme, a mandatory step awaits. They need to undergo ICITSS (ITT)/ ICITSS (OC)/ ICITSS (ITT and OC) under the new scheme, provided they haven't completed it in the old scheme. After this, they can kickstart their Practical Training. While conversion was entirely optional until May 2019, it has become compulsory for those aiming to sit in the May 2022 exams. The transition to the Revised Scheme involves a nominal conversion fee of Rs 1000/- (US$50). Following this payment, ICAI takes care of dispatching study materials to students at no additional cost, except for the transportation charges, which students are required to cover. Stay informed as you navigate through the conversion process for a smooth transition to the CA New Syllabus .Case 3: Old Registered Students Passed Group – 1 and Commenced Practical Training
For old registered students who have successfully cleared Group 1 and begun their professional practice, there are two paths ahead. They can either continue their practice and take the allowed attempts for Group 2 with the old course. Alternatively, they have the option to pay a nominal conversion fee of Rs 1000/- (US$50) and transition from the CA's old syllabus to the new one. Opting for conversion comes with the perk of ICAI providing study materials at no cost. However, students are responsible for covering the transportation expenses. This choice offers flexibility for students to align their CA journey with the updated CA New Syllabus.Case 4: Old Registered Students passed Group – 2
Students enrolled under the old course with ICAI have the flexibility to adhere to the old syllabus until May 2019. However, a shift to the new schedule becomes mandatory after that point. Currently, this transition is entirely voluntary, allowing students the choice to convert to the revised scheme. Upon choosing the new scheme, students undergo ICITSS (ITT)/ ICITSS (OC) if they haven't completed these in the old scheme. For those opting for the new scheme, a conversion fee of Rs 1000/- (US$50) is applicable. In return, ICAI provides study materials free of charge, with students only responsible for covering the shipping expenses. This provides students with the opportunity to smoothly integrate into the updated CA New Syllabus while managing their costs effectively.Direct Entry Route
For individuals who didn't pass the entrance test or CA Foundation exam by ICAI, there's still a pathway to enroll in the CA Intermediate level. The direct entry scheme offers two options: firstly, for graduates or postgraduates meeting the minimum percentage criteria, and secondly, for those who have cleared the Intermediate level of ICSI or ICWA. This provides an alternative route for aspiring Chartered Accountants to join the CA Intermediate level without necessarily having passed the initial CA Foundation exam. Stay informed as you explore these options within the CA New Syllabus framework.Conversion of CA IPCC (Old) to CA Intermediate (New)
Here's a simple guide on converting from the old CA syllabus to the new one for the transition from CA IPCC to the CA Intermediate course : If you're in the process of navigating this conversion, we've outlined the steps in straightforward terms within the CA New Syllabus framework. Stay tuned for a seamless transition to the updated CA Intermediate course.Case 1 – Old registered students who are eligible to appear in the IPC Exam or have appeared but have not passed any group yet.
Students provisionally registered with ICAI before July 1, 2017, who submitted their mark sheets after July 1, will fall under the old scheme. Despite reappearing in the old attempts, they are now required to convert to the new scheme by paying a conversion fee of Rs 1000/- (US$50). Following the conversion, study materials will be sent to their address at no extra cost, except for the shipping charges, which students need to cover. This ensures a seamless transition to the CA New Syllabus while keeping them informed about the changes in their CA journey.Case 2: Already registered Students and passed either Group 1 or Group 2
Students are allowed to take the IPC examination with the old course for a limited number of attempts. However, once these attempts are exhausted, the next step is to convert from the CA's old syllabus to the new one. This involves paying a conversion fee of Rs 1000/- or US$50. After completing the conversion, ICAI takes care of sending study materials to students without any additional charges. It's important to note that while the study materials are free, students will be responsible for covering the shipping expenses. Furthermore, In preparation for the May 2024 CA exams, transitioning from the old to the new syllabus is a streamlined process. Students can convert by checking eligibility, paying a nominal fee, and receiving study materials at no extra cost, only covering transportation expenses. Staying informed and completing the conversion is pivotal for a smooth adaptation to the updated CA New Syllabus. As a valuable tip, PhysicsWallah (PW) stands out as a premier coaching provider for CA exams. Renowned for their commitment to excellence, PW offers tailored support and high-quality resources, making them a trusted ally for students navigating through syllabus changes and aiming for success in their CA journey. Supercharge your CA exam preparation with the PW CA Online Course – Join Now for a transformative learning experience that propels you towards success!CA New Syllabus FAQs
Will the CA syllabus change in 2024?
Yes, the CA Intermediate syllabus is set to change in 2024. The Institute of Chartered Accountants of India (ICAI) has introduced a new syllabus for the CA Intermediate course, effective from July 1, 2023. The first exam under this new syllabus is scheduled for May 2024. For more information on how to convert the CA Old to CA New Syllabus for the May 2024 Exams, check the above article.
How can I change my CA Final old syllabus to the new syllabus?
If attempts for the old course are completed, students must convert to the new course by paying a conversion fee of Rs 1000/- or US$50. After conversion, ICAI dispatches study material free of cost, but students need to cover the shipping charges. For more information on how to convert CA Old to the CA New Syllabus for the May 2024 Exams, check the above article.
What is the new scheme for CA Direct Entry in 2024?
Under the New Scheme of Education and Training, eligibility for the Intermediate Examination under the Direct Entry Route is the completion of an 8-month study period. This makes students eligible for the Intermediate May 2024 Examination, even if they haven't completed 9 months of Practical Training.
What is the fee for converting from the CA Old syllabus to the New syllabus?
To complete the conversion procedure, students need to make a payment of Rs. 1000 or $50. Also, For more information on how to convert the CA Old to the CA New Syllabus for the May 2024 Exams, check the above article.
When was the last date for converting from the CA Final Old scheme to the New scheme for Nov 2022?
The last date for conversion from the CA Final old syllabus to the new syllabus for the Nov 2022 exams was March 13th, 2022. For more information on how to convert CA Old to CA New Syllabus for the May 2024 Exams, check the above article.
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