ICAI while releasing Revised Scheme of Education (New Course) mentioned that there would be a skill-based assessment system under the new course. On the same lines, ICAI has released "SKILL ASSESSMENT SPECIFICATION UNDER THE REVISED SCHEME OF EDUCATION & TRAINING".
Therein ICAI has mentioned various skills (theoretical/ practical) a student must focus upon while preparing for the exams. Also, the Institute has given a different weightage to different skills at different levels of the course (CA Foundation/ Inter/ Final)
For example, More focus is given to synthesis and analysis at the final level of the course, whereas practical problem solving is the major focus at CA Inter/ IPCC level.
What are those various skills?
Comprehension & Knowledge (Theoretical Learning): Questions set at this level require recognition and recall of concepts, principles, and provisions. Knowledge involves recognizing or remembering facts, terms and basic concepts.
For example: Describe characteristics of MIS.
Analysis & Application (Practical Learning): Application involves the use of acquired knowledge in problem-solving. Questions set at this level require applying and analyzing concepts/provisions/theories/principles learned, in problem-solving.
For example: A student would be asked to Prepare, Calculate, Reconcile, Solve any practical problem.
Evaluation & Synthesis (Case Study Based Learning): This involves higher order skills of analysis and integration of two or more provisions/concepts to resolve complex problems and issues.
For example: A student would be asked to solve a case study based problems where any advise or recommendation is required.
Please download the complete ICAI notification from the below-mentioned link.