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Supreme Court's Hearing on Opt-Out Option by ICAI

A PIL was filed by Advocate Alakh Alok Srivastav seeking to put stay-on the "Opt-Out" Scheme by ICAI, calling the scheme as discriminatory. The PIL filed by the advocate on behalf of India Wide Parents Association also seeks more Exam Centres and more precautions from coronavirus. The first hearing of the PIL was held on the 26th of June, 2020 led by a two-judge virtual bench- HON'BLE MR. JUSTICE A.M. KHANWILKAR HON'BLE MR. JUSTICE DINE..

Posted in news |   16 comments |   30321 Views


ICAI finalizes list of candidates eligible to appear in January/May 2021 CA Exams

Examination Department The Institute of Chartered Accountants of India 23rd December, 2020 IMPORTANT ANNOUNCEMENT for January 2021 Examination and Exam City Change Application.   In continuation of announcement dated 7th November 2020 provided an optout facility to the examinees of November 2020 exams to appear in January/ May 2021 examinations, based on candidates opted out/appeared, list of candidates eligible to appear in January/ May 2021 has been finalized. Students can ..

Posted in news |   2 comments |   24054 Views


ICAI opens empanelment of members to act as observers for Jan/Feb 2021 Examinations

Examination Department The Institute of Chartered Accountants of India 16th December, 2020 IMPORTANT ANNOUNCEMENT Sub: Reopening of empanelment of members to act as observers for November 2020 cycle-II (JANUARY/FEBRURAY, 2021) examinations. The next CA Examinations are scheduled to be held from 21st JANUARY to 7th FEBRURY 2021. In continuation to the Announcement dated 20th August 2020, regarding empanelment to act as observer at exam centres, it is informed that the window fo..

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ICAI expresses gratitude over students who appeared for November 2020 CA Exams

ICAI is proud of its Students who appeared in the November 2020 CA Exams in 1084 exam centres in 8 Countries across the World & would like to thank all the stakeholders who made it possible for successful & safe conduct of these exams. Best wishes!!!   ..

Posted in news |   1 comments |   1944 Views


ICAI announces schedule of CA Exams - January/February 2021

IMPORTANT ANNOUNCEMENT SCHEDULE OF CHARTERED ACCOUNTANT EXAMINATIONS – JANUARY / FEBRUARY 2021 In reference to the Announcement dated 19th November 2020, it is notified for general information that next Chartered Accountant Examinations for the students who had opted-out from November 2020 Examinations and opted for November 2020 Cycle - II is scheduled from 21st January 2021 to 7th February, 2021 as per details given below. FOUNDATION COURSE EXAMINATION [As per syllabus contai..

Posted in news |   6 comments |   10086 Views


ICAI postpones 8th December's CA Foundation Paper

IMPORTANT ANNOUNCEMENT It is notified for general information that, due to unavoidable circumstances, the Chartered Accountants Foundation Examination, Paper – 1, Principles and Practice of Accounting scheduled to be held on 8th December 2020, from 2 PM to 5 PM (IST) stands rescheduled. The aforementioned Examination shall now be held on 13th December 2020 at the same venue(s) and timings i.e., 2 PM to 5 PM (IST) Admit Cards already issued would remain valid for the rescheduled da..

Posted in news |   4326 Views


Nov 20 CA Inter Audit Super Paper Analysis (New Course) - Descriptive Portion

Exam brings super excitement for me for past 13 years, being a professor, I am curious to find whether questions were from expected areas or something new has happened and whether any recalibration needs to be done. It is most important thing to analyse paper so that we can give efficient and effective content to students. Analysis of CAInter Audit Nov 20 Exams (NEW Course) If students cover our Regular notes + Param question bank he will be able to solve around 91 marks questions ..

Posted in articles |   2238 Views


New Code of Conduct for the Students of Chartered Accountancy Course

The Council of the Institute has laid down 'Code of Conduct for CA Students' to be observed while pursuing Chartered Accountancy Course. This Code of Conduct is applicable to all students who are pursuing Chartered Accountancy Course and includes students who have completed practical training. The 'Code of Conduct for CA Students' is given below: Preamble The Council of the Institute of Chartered Accountants of India hereby lays down the Code of Conduct to maintain decorum..

Posted in articles |   12618 Views


CA Exams 2020: A CA Students Encounter with COVID-19

This is my personal story. Long read ahead, I just want to chronicle this so that I can come back later and maybe laugh to myself that all this happened. Just a couple of weeks ago, I was angry and frustrated about how much I had been misled to hope and believe the exams would be postponed again, and I had decided was going to shut everything out and go for the exam with only the determination to pass and no regard to anything else.  24.11.2020 Two papers later, I developed mild br..

Posted in articles |   7 comments |   12609 Views


Solution of CA Final FR (New) Course Paper for Nov 20 Exams

1: (a) ……………………Marks 12 [Ind AS 109: Financial Instr. and Analysis of Accounts] On 1st April, 2020, Star Ltd. has advance a loan for Rs. 15 lakhs to one of its employees for an interest rate at 6% per annum (market rate 10%) which is repayable in 5 equal annual installments along with interest at each year end. Employee is not required to give any specific performance against this benefit. The accountant of the company has recognised the..

Posted in articles |   1 comments |   6273 Views


Paper Analysis of CA Final (Financial Reporting - New Course) for Nov 20 Exams

The burden of exams this year on students is a little different than usual. With the pandemic situation reaching its near zenith, this year students were highly perplexed about giving the exam. Over thirty thousand students opted out from this cycle of the exam. However, still, a large number of students did appear to give the exam. This cycle's Financial reporting paper was quite lengthy. It included 20 pages and highly descriptive questions. Nonetheless, the paper was not made to be a t..

Posted in articles |   4935 Views


Old Course was a Cake Walk, New Course was a Steep Mountain - Nov 2020 CA Final Audit Paper Analysis

Exam brings super excitement for me for past 13 years, being a professor, I am curious to find whether questions were from expected areas or something new has happened and whether any recalibration needs to be done. It is most important thing to analyse paper so that we can give efficient and effective content to students. This time paper of old and new course had altogether different favour.In old course hardly 19% questions (Marks Wise) were new, and students could answer them reasonably we..

Posted in articles |   2 comments |   18324 Views


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