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ICAI CA Exam News & Updates: Latest Updates, CA Inter & Final exam started for May 2024 sessions
Edited By Sansar Singh Chhikara | Updated on May 07, 2024 02:23 PM IST | #CA Foundation Exam
The Institute of Chartered Accountants of India (ICAI) always keeps students on their toes, be it year-round registration, admit cards, live virtual classes, mock tests or anything related to the exam. So, keeping up with all the latest ICAI CA News and updates is crucial for registered students and future CA aspirants. For example, in the process of implementation of ICAI CA new scheme of education and training, ICAI recently announced a third session for Foundation and Intermediate exams, to be held in September every year. Many other such changes are expected to be announced by the institute in the coming time.
Thus, this article will help the students track all the latest news and updates around CA exams. The CA news and updates are updated below to keep the students abreast of any developments concerning exams and the accountancy profession.
The Institute of Chartered Accountants of India is the highest regulating body of all Chartered Accountancy professionals in India. It conducts the CA exams for students looking to enter the profession. The CA exam is divided into three levels - CA Foundation, CA Intermediate and CA Final. The CA Foundation is the entry-level exam of ICAI. The CA Final exam is the last step in a candidate’s journey to becoming a Chartered Accountant.
CA Exam News & Updates
May 3-17, 2024: CA Inter exams started
The Institute of Chartered Accountants of India is conducting CA Inter exams from May 3-17, 2024. The CA Inter May 2024 is the first CA intermediate exam to be conducted as per the new scheme. There are six papers in the CA Inter under the new scheme.
May 2-16: 2024: CA Final exams started
The Institute of Chartered Accountants of India is conducting CA Final exams from May 2 to May 16, 2024. This is the first CA Final session to be conducted as per the new scheme of education and training introduced last year. There are six papers in CA Final as per the new scheme.
April 29, 2024: Plea to postpone A May 2024 exams rejected by Supreme Court
The Supreme Court on Monday refused to entertain a plea seeking postponement of the CA May 2024 exams due to a clash with the Loksabha elections. The bench of Chief Justice DY Chandrachud and justices JB Pardiwala and Manoj Misra said that the Institute of Chartered Accountants of India has not scheduled exams on election dates. Furthermore, the bench said that postponing the CA May 2024 exams would be a “grave injustice for some students” as all arrangements for the exams have already been made by ICAI.
April 24, 2024: ICAI exams to be conducted thrice every year
The Institute of Chartered Accountants of India has notified students that the CA exams will be held thrice a year for Foundation and Intermediate programmes. Till now, the CA exams were conducted only twice a year - May/June and December. However, now the CA Intermediate will be conducted in the months of January, May/June and December. ICAI has also notified new cut-off dates for enrollment for CA exams. Candidates wishing to appear for the CA Foundation September 2024 exams must complete their registration before May 1. The last date to register for CA Intermediate January 2025 exam is May 1, 2024.
April 17, 2024: ICAI CA Inter and Final May 2024 exam admit cards issued
The CA Inter and Final admit cards for the upcoming May 2024 exams have been issued on April 17, 2024. The ICAI CA exams admit cards have been issued through the official website of ICAI admit cards - eservices.icai.org. Students can download their CA Inter hall ticket and CA Final hall ticket May 2024 by entering their registration number and date of birth. The admit card of CA Inter and Final May 2024 is a mandatory document that every student needs to carry along with them on the day of the exam.
CA students demand postponement of exams, Delhi HC rejects plea
Students who are due to appear in the upcoming CA May 2024 exams have been continuously demanding for postponement of CA exams citing a clash with the Loksabha elections. Students say that it will be difficult for them to vote as the exams are just two days before or after the election dates. However, ICAI has not made any changes to the schedule of the exams. The Delhi HC also rejected a plea urging the postponement of ICAI May 2024 exams. The HC stated that ICAI has made ample efforts for the smooth conduct of the exams.
Frequently Asked Question (FAQs)
1. How many times are CA exams conducted in a year?
The CA Foundation and Intermediate exams are conducted thrice a year, whereas the CA Final exam is conducted twice a year.
2. Are the CA May 2024 exams postponed?
No, the CA May 2024 exams have not been postponed.
3. How many attempts are allowed in CA exams?
There is no limit to the number of attempts in ICAI exams. However, the CA registration is valid only for five years and students are required to revalidate it after five years.
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24 min ⋆ May 17, 2024 10:05 AM ISTQuestions related to CA Foundation Exam
Have a question related to CA Foundation Exam ?
If you chose chartered accountant (CA), then you have to write several exams and practical training. Here are some exams to write in your road to pursue CA, that are conducted by ICAI.
- If you have passed 10th, then you can take an entry level exam. This foundation course consists of 4 papers
- If you are a graduate or postgraduate with specified marks or higher degrees or you passed the foundation course then you can register for the IPCC. It consists of 2 groups with 4 papers each.
- After you pass either 1 or both groups of IPCC, you should pursue articleship.
- After completion or if you still have 6 months of your articles hip time, you can appear for the CA final exams. It consists of 2 groups each consists of 4 papers.
- Before appearing for your final exams, you should undergo AICITSS during the last 2 years of practical training.
- After you have passed in final exams and articleship, you can be a member of ICAI and can use Chartered Accountant before your name.
Rishitha 29 February,2024
Dear aspirant !
Hope you are doing well !
CA Foundation Exam Pattern 2024 – Details
- The CA Foundation examination consists of four papers.
- Paper 1 and Paper 2 are subjective type papers.
- Paper 3 and Paper 4 are objective type papers.
- The CA Foundation exam is conducted for a total of 400 marks, with each paper carrying 100 marks.
Candidates must successfully clear their 10th and 12th exams from a recognized educational institute . Also, the minimum mark they need to attain in their 12th standards is 50% aggregate. There is no age restriction to apply for the CA foundation.
The details of this exam is given below ;-
Hope it helps you !
Thanking you !!
Shivanshu 04 February,2024
A breach of contract refers to the failure of one party to fulfill its responsibilities under the terms of a contract, that leads to legal consequences and potential remedies for the non breaching party. In simple terms, it's when one party doesn't do what they promised to do in a contract.
A breach of contract can take various forms, including:
- Material Breach
- Minor Breach
- Anticipatory Breach
- Actual Breach.
Rishitha 06 February,2024
Hello,
I'm assuming you mean that you wrote wrong question booklet number in CA Foundation Maths exam and then corrected it using a whitener and wrote the correct number over it. If this is the case, then you don't need to worry as such mistakes happen a lot among students every year and as we cannot replace the OMR sheet, the invigilators suggest to use whiteners.
It's perfectly normal and acceptable. You need not worry about anything.
Hope this helps,
Thank you
Tanya Gupta 24 January,2024
Hello aspirant,
Due to unforeseen circumstances, the Institute of Chartered Accountants of India (ICAI) has changed the exam dates for the CA Foundation 2023 December session. The CA Foundation December 2023 exam will be held on December 31, 2023, and January 2,4,6, 2024, according to the updated CA Foundation timetable. Registration for the December 2023 session of the ICAI CA Foundation is currently closed. The CA Foundation June 2023 results had already been made public by the institute on August 7, 2023. A new education and training programme has also been announced by ICAI, and it will go into effect on July 1st, 2023.
For more information you can visit our site by clicking on the link given below.
https://finance.careers360.com/articles/ca-foundation-important-dates
Thank you
Hope this information helps you.
Sajal Trivedi 29 September,2023
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