ICAI to release FAQs on Opt-Out Scheme

Last updated: 17 June 2020

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The Institute of Chartered Accountants of India (ICAI) is releasing a set of Frequently Asked Questions (FAQs) regarding its Opt-Out Scheme. This scheme was introduced due to the COVID-19 pandemic, allowing students who applied for the May 2020 examinations to change their exam centre or opt out and appear in the November 2020 exams instead, with fees and exemptions carried over. The FAQs aim to address the numerous queries received from students and stakeholders.

Examination Department
The Institute of Chartered Accountants of India
17th June, 2020

IMPORTANT ANNOUNCEMENT

In view of the ongoing COVID-19 pandemic and in the interest of the well - being of students and to mitigate their hardships, as proactive measure for benefit and welfare of the students, an Important Announcement dated 15th June 2020 was issued inter alia extended an option to the examinees who have made applications for appearance in May 2020 examinations to Change the Centre of Examination or to “Opt-Out” of May 2020 Examinations and in lieu of it appear in November 2020 Examination with due carry over of the fees paid, exemptions etc.

The Institute is receiving various queries / observations from the students / members and other stake holders related to aforementioned announcement. In this regard for the benefit of students it is decided to prepare a set of FAQs with their answers. The FAQ’s will be uploaded on Institute website by today evening.\The candidates are advised to note the above and stay in touch with the website of the Institute, www.icai.org.

(S . K. Garg)
Additional Secretary (Exams)

What questions you'd like ICAI to address in its list of FAQs on Opt-Out Scheme?

FAQ :

The Opt-Out Scheme allows students who applied for the May 2020 examinations to change their examination centre or opt out of the May 2020 exams and appear in the November 2020 exams instead.

The scheme was introduced as a proactive measure due to the ongoing COVID-19 pandemic to mitigate hardships and ensure the well-being of students.

If a student opts out, their fees paid and any exemptions will be carried over to the November 2020 examination.

The FAQs will be uploaded on the ICAI website, www.icai.org, by the evening of 17th June 2020.

The FAQs are being released by the Examination Department of The Institute of Chartered Accountants of India.

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