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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. ICAI recently announced CA Foundation and Intermediate exams, to be held thrice a year. Many other such changes are expected to be announced by the institute in the coming time through ICAI CA exam notifications 2024.
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.
ICAI has announced the CA Final November exam schedule on its official website. The institute will open the CA Final November 2024 exam form on August 7, 2024. Candidates can fill out the exam form without a late fee till August 20, 2024, and with a late fee till August 23, 2024. The application correction window will be open from August 24-26, 2024.
Groups | Papers | Exam Dates | Timings |
---|---|---|---|
Group I | Paper - 1 : Financial Reporting | November 1, 2024 | 2 PM - 5 PM |
Paper - 2 : Advanced Financial Management | November 3, 2024 | 2 PM - 5 PM | |
Paper - 3 : Advanced Auditing, Assurance And Professional Ethics | November 5, 2024 | 2 PM - 5 PM | |
Group II | Paper – 4 : Direct Tax Laws and International Taxation | November 7, 2024 | 2 PM - 5 PM |
Paper – 5 : Indirect Tax Laws | November 9, 2024 | 2 PM - 5 PM | |
Paper – 6: Integrated Business Solutions (Multi-Disciplinary Case Study With Strategic Management) | November 11, 2024 | 2 PM - 6 PM |
While Dhiraj Khandelwal announced that CA exam results will be announced on July 05, another ex CCM announced the CA result date as July 11, leading to a confusion among students regarding the correct date.
However, ICAI has now officially announced the CA result date for May exams. The institute released a notification saying the CA results will be announced on July 11. The ICAI result notification reads, "The results of the Chartered Accountants Final and Intermediate Examinations held in May 2024 are likely to be declared on Thursday, the 11th July 2024 and the same can be accessed by candidates on the website icai.nic.in"
Paper(s) | Exam Dates | Exam Timings | Duration |
---|---|---|---|
Paper 1 | September 13, 2024 | 2 pm to 5 pm | 3 hours |
Paper 2 | September 15, 2024 | 2 pm to 5 pm | 3 hours |
Paper 3 | September 18, 2024 | 2 pm to 4 pm | 2 hours |
Paper 4 | September 20, 2024 | 2 pm to 4 pm | 2 hours |
Examination | Paper(s) | Exam Dates | Exam Timings | Duration |
---|---|---|---|---|
Group - 1 | Paper 1 | September 12, 2024 | 2 pm to 5 pm | 3 hours |
Paper 2 | September 14, 2024 | 2 pm to 5 pm | ||
Paper 3 | September 17, 2024 | 2 pm to 5 pm | ||
Group - 2 | Paper 4 | September 19, 2024 | 2 pm to 5 pm | |
Paper 5 | September 21, 2024 | 2 pm to 5 pm | ||
Paper 6 | September 23, 2024 | 2 pm to 5 pm |
Particulars | Foundation | Intermediate |
---|---|---|
Commencement of registration | Open throughout the year | Open throughout year |
Last date to register with the Board of studies (BOS) | May 1, 2024, 2024 | March 1, 2024 |
Availability of exam form | July 28, 2024 | July 7, 2024 |
Deadline for filling the exam date without late fee | August 10, 2024 | July 20, 2024 |
Deadline for filling exam form with late fee of Rs 600 | August 13, 2024 | July 23, 2024 |
Correction window | August 14-16, 2024 | July 24-26, 2024 |
Availability of admit card | Around 15 days before the exam | Around 15 days before the exam |
CA Exam date | September 13, 15, 18, 20, 2024 | Group 1 - September 12, 14, 17 2024 Group 2 - September 19, 20, 21, 2024 |
Announcement of CA result | To be notified | To be notified |
Mr Dhiraj Khandelwal, CCM, ICAI has tweeted on X that the CA results May 2024 for Inter and Final will be declared on July 5, 2024. The screenshot of his tweet is given below. Candidates will be able to check the result from the official website icai.org.
ICAI has issued the CA Foundation June 2024 admit card on June 5, 2024. Canidates would be able to download the admit from the official website - eservices.icai.org using their login credentials. CA Foundation June 2024 exams are scheduled to be conducted from June 20-26, 2024.
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.
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.
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.
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.
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.
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.
The CA Foundation and Intermediate exams are conducted thrice a year, whereas the CA Final exam is conducted twice a year.
No, the CA May 2024 exams have not been postponed.
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.
Hello aspirant,
Students must register with BoS by September 1, 2024, and finish the four-month study session. Additionally, provisional registrations for students who passed their tenth class have begun at ICAI.
For more information you can visit our site by clicking on the link given below.
Thank you
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.
Dear aspirant !
Hope you are doing well !
CA Foundation Exam Pattern 2024 – Details
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 !!
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:
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
Budget analysis, in a nutshell, entails thoroughly analyzing the details of a financial budget. The budget analysis aims to better understand and manage revenue. Budget analysts assist in the achievement of financial targets, the preservation of profitability, and the pursuit of long-term growth for a business. Budget analysts generally have a bachelor's degree in accounting, finance, economics, or a closely related field. Knowledge of Financial Management is of prime importance in this career.
The invention of the database has given fresh breath to the people involved in the data analytics career path. Analysis refers to splitting up a whole into its individual components for individual analysis. Data analysis is a method through which raw data are processed and transformed into information that would be beneficial for user strategic thinking.
Data are collected and examined to respond to questions, evaluate hypotheses or contradict theories. It is a tool for analyzing, transforming, modeling, and arranging data with useful knowledge, to assist in decision-making and methods, encompassing various strategies, and is used in different fields of business, research, and social science.
An underwrite plays crucial roles in the finance and insurance industry and works for mortgage, loan, and insurance companies. He or she analyses applications for insurance policies and assess the risk capacity to decide whether to approve application or reject. He or she assesses and evaluates the risk of another party for a fee in the form of commision or premium.
Underwriters have strong analytical skills and they understand the insurance principle to evaluate the health of potential clients. They collaborate with agents, brokers, and to their clients to collect information and explain the insurance product details. They work on all kinds of insurance like mortgage, health insurance, life insurance, automobile, and several other kinds of insurance.
Finance Executives manage money, overseeing a company's income, expenses, and investments. They monitor financial transactions, create and assess reports like cash flows, and strategies to enhance profit margins and reduce expenses. Their role is crucial for staying competitive and making wise market decisions in response to current dynamics.
Finance Executives establish strategic financial goals, objectives, and performance criteria. Strong accounting and analytical skills are fundamental to this role. While often working fixed hours, they may extend their work hours to meet deadlines. This career is well-suited for individuals with a keen understanding of finance, attention to detail, and the ability to navigate complex financial landscapes.
A product manager is a professional who determines what a product should do and how it should look like. A product manager analyses customer needs and combines them with company goals to develop a product that satisfies everyone. He or she works in coordination with different departments like engineers, salespersons, and product designers to ensure everyone works towards achieving the company's goals.
A product manager develops strategies and plans to help the employees work towards a common goal that is to develop a product that the customers demand. He or she plays the role of the first point of contact in the organisation for anyone who needs to know about the product. Concerning larger programmes, they work with Technical Program Managers to deliver results.
Operations manager is tasked with supervising the financial and business experts involved in the production of goods and services. A career as operations manager needs to supervise many divisions and coordinate daily activities. The role of operations manager is to oversee and manage diverse activities which is part of a profession as an operations manager.
All levels of an organisation's operational activities are overseen by an operations manager. He or she is in charge of selecting candidates, imparting instruction, and managing quality control programmes. Operations managers also develop plans for process improvements to ensure that everyone finishes their work on schedule. He or she must regularly evaluate budgets, manage costs, and analyse data and statistics.
A stock analyst is an individual who analyses and evaluates various stocks and securities in the financial market. He or she in the stock analyst career forecasts stock market results, normally with an emphasis on the securities that a company or firm invests in. He or she also prepares scientific reports on financial forecasts, predictions, and recommendations based on a stock's expected profit.
Individuals who enjoy learning and data processing, are good problem solvers, and have a strong work ethic will excel in the stock market analyst sector. Students can pursue a BBA (Bachelor of Business Administration), MBA (Master of Business Administration), M.Stat (Master of Statistics) to opt for a career in stock market analysis
A Researcher is a professional who is responsible for collecting data and information by reviewing the literature and conducting experiments and surveys. He or she uses various methodological processes to provide accurate data and information that is utilised by academicians and other industry professionals. Here, we will discuss what is a researcher, the researcher's salary, types of researchers.
Welding Engineer Job Description: A Welding Engineer work involves managing welding projects and supervising welding teams. He or she is responsible for reviewing welding procedures, processes and documentation. A career as Welding Engineer involves conducting failure analyses and causes on welding issues.
A Quality Assurance (QA) Manager, synonymous with a Quality Assurance Manager, holds a pivotal role in ensuring products meet predefined standards. Responsible for planning, directing, and formulating control policies, the QA Manager safeguards company efficiency and profitability. By scrutinizing products for flaws and ensuring compliance with internal and external requirements, they uphold quality, validating the effectiveness of quality assurance teams in maintaining high standards before product release.
A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product.
A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.
A Production Manager oversees manufacturing processes, ensuring timely and budgeted delivery of products. Responsible for safe, cost-effective production meeting quality standards, their role adapts to the production system. Also known as an Operations Manager, they manage human and material resources, contributing to efficient production and service delivery.
A product manager is a professional who determines what a product should do and how it should look like. A product manager analyses customer needs and combines them with company goals to develop a product that satisfies everyone. He or she works in coordination with different departments like engineers, salespersons, and product designers to ensure everyone works towards achieving the company's goals.
A product manager develops strategies and plans to help the employees work towards a common goal that is to develop a product that the customers demand. He or she plays the role of the first point of contact in the organisation for anyone who needs to know about the product. Concerning larger programmes, they work with Technical Program Managers to deliver results.
A QA Lead is in charge of the QA Team. The role of QA Lead comes with the responsibility of assessing services and products in order to determine that he or she meets the quality standards. He or she develops, implements and manages test plans.
A Structural Engineer designs buildings, bridges, and other related structures. He or she analyzes the structures and makes sure the structures are strong enough to be used by the people. A career as a Structural Engineer requires working in the construction process. It comes under the civil engineering discipline. A Structure Engineer creates structural models with the help of computer-aided design software.
The Process Development Engineers design, implement, manufacture, mine, and other production systems using technical knowledge and expertise in the industry. They use computer modeling software to test technologies and machinery. An individual who is opting career as Process Development Engineer is responsible for developing cost-effective and efficient processes. They also monitor the production process and ensure it functions smoothly and efficiently.
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