In accordance with the National Education Policy, 2020 (NEP) and International Education Standards, ICAI developed the New Scheme of Education and Training.
The exam schedule for the CA Foundation, Intermediate, and Final May 2024 exams has been released by the Institute of Chartered Accountants of India (ICAI). The dates of the CA Foundation course examinations are June 20, 22, 24, and 26. Exams for Intermediate Group 1 are scheduled for May 3, 5, and 7, and exams for Group 2 are scheduled for May 9, 11, and 13. Group 1 will take the CA Final exams on May 2, 4, and 6 and Group 2 on May 8, 10, and 12.
The new plan was unveiled after taking into account the opinions of numerous stakeholders. Launched on July 1, 2023, the New Scheme of Education and Training was first published in the Indian Gazette on June 22, 2023.
Information from the ICAI’s official website states that the curriculum for the New Scheme of Education and Training is intended to develop professionals who are prepared for the global economy by giving prospective chartered accountants the necessary skills. The course will introduce students to multidisciplinary approaches, industrial orientation, focused and efficient practical training, coherent and comprehensive skill assessments, and enhanced learning methodologies.
The New Scheme will include the following unique characteristics to help prospective chartered accountants become more competent professionals.
two years of intensive and seamless practical instruction. This nine- to twelve-month industrial training programme will not require examinations. On the final leg of the practical training session, the training is also an option.
Through self-paced online modules that offer the required industry orientation, technology enabled learning.
Final-level required paper on a multidisciplinary case study including strategic management is completed. This research evaluates how professional information from various disciplines is merged with the abilities learned via hands-on training. In order to evaluate the higher order thinking abilities and general professional competence of prospective chartered accountants, this exam is open-book and case study oriented.
In order to refine the analytical skills of prospective chartered accountants, assessments at the Intermediate and Final levels consist of 30-mark multiple-choice questions (MCQs) based on case studies and studies.
