ICAI announces Major Changes in Examination System - CA Final to be Held Thrice a Year, Offering Students More Opportunities
In order to align with global best practices and provide students with greater opportunities, the 26th Council of the Institute of Chartered Accountants of India (ICAI) has taken a historic decision to hold the CA Final exam three times a year. This examination was being held twice a year. Last year, ICAI took a decision to hold the Intermediate and Foundation course exams three times a year and now the CA Final exams will follow suit.
Now, all three levels - CA Final, Intermediate and Foundation will have an equal number of attempts each year, providing students more opportunities to sit in the exam. These exams will be held in the month of January, May and September.
Additionally, the Post Qualification Course in Information Systems Audit will also undergo a transformation. Earlier conducted twice a year in June and December, the Assessment Test for this course will now be held three times a year - February, June and October, further increasing access and convenience for members.
On this decision of the Council today, CA. Charanjot Singh Nanda, President, ICAI said, “These epoch-making decisions will significantly benefit both students and members, offering them enhanced opportunities for success. This move marks a new era in the way we support and guide our future Chartered Accountants. ICAI is working 24/7 for the growth of its members and students. This historic decision will ensure that both students and professionals have abundant opportunities to excel in their careers.”
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