ICAI Self-Paced Online Modules: The Institute of Chartered Accountants of India (ICAI) requires CA Final students to complete Self-Paced Online Modules (SPOM) as part of their exam preparation. There are four SPOM modules: Set A (Corporate and Economic Laws), Set B (Strategic Cost and Performance Management), Set C (Elective), and Set D (Multidisciplinary).
These modules are accessible through ICAI's Learning Management System (LMS) portal. Each module has specific learning hours, and students must pass an online test with at least 50% marks to qualify. Students preparing for the CA Final exams in 2024 need to finish these SPOMs. No separate registration or fee is required for these modules. ICAI has also provided several exemptions for students regarding SPOMs. The CA Final exams for November 2024 are scheduled between November 1 and 11, 2024. For more details on ICAI SPOM modules, exemptions, and registration, read the full article.
The Board of Studies of ICAI has launched the Self-Paced Online Modules (SPOM) to cater to the dynamic learning needs of CA Final students. These modules allow students to delve deep into crucial subjects at their own pace, anytime and anywhere. With SPOM, students can access high-quality learning materials, lectures, and assessments conveniently through the ICAI Digital Learning Campus Portal. ICAI's Self-Paced Online Modules (SPOM) represent a revolutionary approach to CA Final exam preparation. With its flexible learning options, comprehensive resources, and user-friendly interface, SPOM empowers students to excel in their studies while balancing other commitments.
The ICAI Self-Paced Online Modules (SPOM) for 2024 are designed to enhance CA Final students' preparation. Below is the detailed structure and duration of each module across the different sets.
ICAI SPOM Structure and Duration 2024 | ||
---|---|---|
Self-Paced Module | Paper | Duration in Hours |
SET A |
Corporate and Economic Laws (100 Marks) [Mandatory] |
40 |
SET B |
Strategic Cost and Performance Management (100 Marks) [Mandatory] |
40 |
SET C: Elective (Choose one) (100 Marks) | ||
1 |
Risk Management |
20 |
2 |
Sustainable Development and Sustainability Reporting |
20 |
3 |
Public Finance and Government Accounting |
20 |
4 |
Insolvency and Bankruptcy Code, 2016 |
20 |
5 |
International Taxation |
20 |
6 |
Arbitration and Conciliation Act, 1996 |
|
7 |
Forensic Accounting |
20 |
8 |
Valuation |
20 |
9 |
Financial Services and Capital Markets |
20 |
10 |
Forex and Treasury Management |
20 |
SET D: (Choose one) (100 Marks)Multidisciplinary |
||
1 |
Constitution of India and Art of Advocacy |
20 |
2 |
Psychology and Philosophy |
20 |
3 |
Entrepreneurship and Start up Ecosystem |
20 |
4 |
Digital Ecosystem and Controls |
20 |
Once candidates complete their ICAI CA Final registration for 2024, their Self-Paced Online Modules (Strategic Performance Management) registration is automatically processed. Students enrolled in the CA Final course can take the SPOM exams at their convenience—whenever and wherever they prefer. There is no additional fee for the ICAI Self-Paced Online Modules. During the CA Final registration, candidates can choose their elective subjects from Sets C and D of the SPOM courses. To access ICAI SPOMs, visit the official portal at lms.icai.org.
SPOM study materials are accessible through the ICAI Board of Studies (BoS) Knowledge Portal. ICAI also provides physical copies of the study materials for all Self-Paced Online Modules. In addition, video lectures from subject experts are available to enhance learning. ICAI has introduced a new digital learning platform called the ICAI Digital Learning Hub, which integrates with the Learning Management System (LMS). To be eligible for the SPOM exams, candidates must complete the required learning hours first.
For ICAI's Self-Paced Online Modules courses, students need to meet certain criteria to pass. Set A and B are compulsory, and students must pass Sets C and D unless they have an exemption. Here’s what you need to know about passing:
To take the ICAI SPOM online exams, candidates need to ensure their computer meets specific hardware and software requirements. Here’s what you need:
Hardware Requirements:
Software Requirements:
The following are the benefits of Self-Paced Online Modules (SPOM), introduced by ICAI.
Flexibility and Convenience
One of the most significant advantages of Self-Paced Online Modules is its flexibility. Students can customize their learning schedules according to their preferences and commitments. Whether you're a full-time working professional or a busy student, SPOM allows you to learn at your own pace, eliminating the constraints of traditional classroom settings.
Cost-Effective Learning
In a world where education expenses are skyrocketing, SPOM comes as a breath of fresh air. There are no separate fees associated with these modules, making them an affordable option for CA Final students. With SPOM, you get access to high-quality learning resources without breaking the bank.
Real-time Progress Tracking
Monitoring your learning progress is crucial for effective studying. Self-Paced Online Modules provides students with a personalized dashboard where they can track their completion status effortlessly. This feature enables students to stay organized, motivated, and on track towards their academic goals.
Comprehensive Assessment
Learning isn't just about acquiring knowledge; it's also about applying it effectively. After completing the SPOM modules, students are required to undertake a comprehensive test to evaluate their understanding of the subject matter. This assessment ensures that students have grasped the concepts thoroughly, preparing them for success in the CA Final examinations.
Accessing the SPOM modules is quick and easy. Here's how you can get started:
Step 1: Visit the ICAI Digital Learning Campus Portal: Head over to https://lms.icai.org/login to access the SPOM modules.
Step 2: Login with OTP: If you're a registered student, you can log in using the OTP sent to your registered mobile number with the Self-Service Portal (SSP) of ICAI.
Step 3: Sign in with SSP: Alternatively, you can sign in using your SSP login details for seamless access to the SPOM modules.
Before diving into the SPOM modules, here are some essential instructions to keep in mind: