GMAT™ Exam
Select test center appointment | Scores valid for 5 Years | Multiple Attempts | Round 2 Closing Soon
ICAI SPOM for CA Final 2024 - SPMT Exam, Registration, Passing Criteria, Exemptions
Edited By Sansar Singh Chhikara | Updated on Oct 09, 2024 05:21 PM IST | #CA Final Exam
ICAI SPOM for CA Final: The Institute of Chartered Accountants of India (ICAI) has made it mandatory for CA Final students to complete Self Paced Online Modules (SPOM). In a recent notification, ICAI specified that the SPMT exam window will be closed from October 11 to 20, 2024. The official notification read, "In view of the maintenance and upgradation in the software of the SPMT portal, the Self-Paced Online Module tests will not be conducted from 11th October, 2024 to 20th October, 2024. The slot booking for SPMT shall resume from 21st October 2024 onwards." There are four ICAI SPOM Modules - Set A - Corporate and Economic Laws, Set B - Strategic Cost and Performance Management, Set C - Elective and Set D - Multidisciplinary.
This Story also Contains
These SPOM modules are available to students through the Learning Management System (LMS) portal of ICAI. Each of the SPOM modules has a prescribed learning hours, and students must also take the online SPOM test and get minimum 50% marks to qualify. Candidates preparing for their CA Final exams 2024 must complete the SPOMs.
Latest: ICAI Spom for CA Final Students - Direct Link
The ICAI SPOMs have been introduced recently and it is natural that students will face some confusion regarding which SPOM modules are mandatory, what are the exemptions available to them, what is the registration process of SPOM and so much more. In this article we try to clear all the students' doubts related to ICAI Self Paced Online Modules.
Candidates are not required to register for ICAI SPOMs separately. Furthermore, candidates are also not required to pay any fee for these modules. ICAI has also specified many exemptions for students in regard to the SPOM. The upcoming CA Final November 2024 exams dates fall between November 1 to 11, 2024. Read the complete article to get detailed information about ICAI SPOM modules, exemptions, registration etc.
Certificate Courses Offered by ICAI
Download this e-book to know more about the certificate courses.
Download NowICAI SPOM Structure and Duration 2024
Self-Paced Module | Paper | Duration in Hours |
|---|---|---|
SET A | Corporate and Economic Laws (100 Marks) [Mandatory] | 40 |
SET B | Strategic Cost and Performance Management (100 Marks) [Mandatory] | 40 |
SET C: Elective (Choose one) (100 Marks) | ||
1 | Risk Management | 20 |
2 | Sustainable Development and Sustainability Reporting | 20 |
3 | Public Finance and Government Accounting | 20 |
4 | Insolvency and Bankruptcy Code, 2016 | 20 |
5 | International Taxation | 20 |
6 | Arbitration and Conciliation Act, 1996 | |
7 | Forensic Accounting | 20 |
8 | Valuation | 20 |
9 | Financial Services and Capital Markets | 20 |
10 | Forex and Treasury Management | 20 |
SET D: (Choose one) (100 Marks)Multidisciplinary | ||
1 | Constitution of India and Art of Advocacy | 20 |
2 | Psychology and Philosophy | 20 |
3 | Entrepreneurship and Start up Ecosystem | 20 |
4 | Digital Ecosystem and Controls | 20 |
ICAI SPOM Registration
When candidates complete their ICAI CA Final registration 2024, their SPOM registration is automatically completed with it. Students who have registered for CA Final course can take the SPOM exams at their own pace, time and from anywhere. Candidates will not be required to pay any separate fee for taking ICAI SPOM exams. During the CA Final registration process, candidates will be given the option to select the elective subjects in the Set C and D of SPOM courses. The official portal to access ICAI SPOMs is lms.icai.org.
Self-Paced Online Modules - Learning Process
The study material for SPOM modules is available at the ICAI Board of Studies (BoS) Knowledge portal. Furthermore, ICAI also provides physical study material for all the SPOM modules. Besides the study material, ICAI will also offer video lectures from experts in relevant subjects. ICAI has developed a new digital learning portal called ICAI digital learning hub integrated Learning Management System. It must be noted that candidates need to first complete the given learning hours to be eligible to take the test.
ICAI SPOM Passing Criteria
ICAI has specified the passing criteria for the SPOM courses. Set A and B are mandatory SPOM courses; students must pass the SET C and D if they are not exempted. The ICAI SPOM passing criteria have been given below:
Candidates must have attained a minimum of 50% in the module to be deemed passed.
There are no restrictions on the number of attempts for ICAI SPOMs.
There is no negative marking in the ICAI SPOM courses.
Hardware and Software Requirements for ICAI SPOMs
As mentioned above, the ICAI SPOMs are online exams and candidates must meet the ICAI SPOM hardware and SPOM requirements to take these online exams. The hardware and software requirements are the type of hardware and software specifications the computer or laptop of the candidate must have to be able to take the exam.
Hardware requirements:
Desktop Computers: Processor:
Dual-core or higher (e.g., Intel Core i3 or AMD Ryzen 3)
RAM: 2GB or higher
The desktop must have a Webcam.
Laptops and Notebooks:
Processor: Dual-core or higher (e.g., Intel Core i3 or AMD Ryzen 3)
RAM: 2GB or higher
The laptop must have a Webcam.
Software Requirements
Web Browser:
The system should be compatible with modern web browsers such as Google Chrome, Mozilla Firefox, Safari, and Microsoft Edge.
Internet Connection:
A student must have a connection speed of minimum 2 to 5 Mbps for the student to complete the assessments and topics available on the LMS
ICAI SPOM Exemtpions
ICAI has specified a number of exempted cases for the SPOM courses.The ICAI SPOM exemptions have been given below:
ICAI SPOM Exemptions
Students who were admitted to the CA Final course before November 2023 are exempted from Set C and D of SPOM courses. However, such candidates must qualify the Set A and B. The exemptions for such candidates have been given below:
ICAI SPOM Exemptions for candidates admitted before Nov 2023
Sr. No. | Criteria | Module Tests to Be Qualified |
|---|---|---|
1 | Appeared in Final Exam till November 2023 but could not pass either of the groups | SET A AND SET B |
2 | Passed group second till November 2023 but could not pass group first | SET A only |
3 | Passed group first till November 2023 but could not pass group second | SET B only |
4 | Exemption in Paper 5 till November 2023 but could not pass group first or Both Groups | SET A only |
5 | Exemption in Paper 4 till November 2023 but could not pass group second or Both Groups | SET B only |
6 | Exemption in Paper 4 and Paper 5 till November 2023 but could not pass either of the groups | All Modules Exempt |
Students, other than those who are covered under (A) above, who were admitted to the Final Examination of May, 2024 or those who have passed both groups of Intermediate examination under old scheme and completed 2.5 years of Practical Training till 31st October 2024 including excess leaves, if any, as well as Advanced ICITSS are exempt from appearing in Self-Paced Online Module Tests Set C and Set D. However, it is mandatory for such students to qualify Set A and Set B before applying for membership.
Intermediate students who had cleared either of the groups upto November 2023 or before and cleared the remaining Group under Unit Scheme in May 2024.
Or
Those who cleared both groups of Intermediate exams in May 2024, are required to undergo and pass Self-Paced Online Modules on/before 10th October, 2024 to become eligible for Final Exam to be held in November 2024.
How to take ICAI SPOM tests?
Candidates must note that the ICAI SPOMs are completely online and the tests and learning hours will have to be completed through the ICAI Learning Management System (LMS) portal. Below-given is the step-by-step process to complete the ICAI self paced online modules:
- Visit the official website of ICAI LMS - lms.icai.org.
- Candidates will see three login options on the home page - sign in with SSP, login with OTP and register as student.
- In case candidates are visiting the portal for the first time, they must complete registration.
- Old users can login with their SSP login id and password or sign in by entering their SRN number and get the OTP.
- Upon successfully signing in, the candidates will be directed to the ICAI Self-paced online module page, where they will see Set A, Set B, Set C and Set D.
- Complete the required learning hours for each of the set you want to complete .
- All sets have been divided into several topics, candidates will be required to complete each of the topics before taking the test.
- Candidates can also keep a track of what they have studied through the "Learning History" tab.
ICAI Self-Paced Module Test (SPMT)
Once the candidates complete their e-learning hours from the SPOM portal, they will be required to take the Self-paced Module Test (SPMT). The ICAI SPMT will test candidates on the topics they studied during e-learning of the SPOM sets. The SPMT exam will be conducted completely online. Students will be required to score minimum 50% marks to pass a module. Candidates who have qualified the CA Inter exam and completed the specified learning hours through the LMS portal will be able to take the SPMT exam.
Candidates need to register for ICAI SPMT separately through spmt.icai.org. Candidates must also pay a fee of Rs 500 per paper for centres in India, Rs 850 for centres in Kathmandu and Bhutan and US$ 150 per paper for Dubai/ Abu Dhabi / Bahrain/ Doha/ Muscat/ Kuwait exam centres. Candidates will be given their admit cards immediately after completing their SPMT registration. Candidates can attempt the SPMT exam as many times as they want. In case candidates face any technical issues while attempting the exam they can contact the below given phone number/email.
SPMT Technical Helpdesk
Helpline Number: 022-62507739,
Email id: exam_spmt@onlineregistrationform.org
Frequently Asked Questions (FAQs)
1. Are SPOM courses mandatory for CA Final students?
Yes, CA Final students must mandatorily complete SPOM courses. However, ICAI has provided some exemptions which have been mentioned in the article.
2. What is the cost of CA Final self paced module?
There is no additional cost for taking the ICAI SPOM courses. The CA Final registration includes SPOM registration as well.
3. How to give a self-paced online module?
Candidates can give the ICAI self paced module online at lms.icai.org.
Articles
Certifications By Top Providers
Accounting with Tally ERP9
Via NIIT Management of Commercial Banking
Via Indian Institute of Technology Kharagpur Digital Banking Business Model
Via State Bank of India Direct Tax Laws and Practice
Via Tezpur University, Tezpur Foundations of Modern Finance I
Via Massachusetts Institute of Technology, Cambridge Banking 101 A Guide for Beginners in the Banking Sector
Via EduBridge Explore Top Universities Across Globe
University of Essex, Colchester
Wivenhoe Park Colchester CO4 3SQUniversity College London, London
Gower Street, London, WC1E 6BTThe University of Edinburgh, Edinburgh
Old College, South Bridge, Edinburgh, Post Code EH8 9YLUniversity of Bristol, Bristol
Beacon House, Queens Road, Bristol, BS8 1QUUniversity of Delaware, Newark
Newark, DE 19716University of Nottingham, Nottingham
University Park, Nottingham NG7 2RDHow to Apply for PhD After Bachelors?
6 min ⋆ Apr 25, 2024 09:04 AM ISTGMAT Preparation Tips 2024: Section Wise Preparation Plan, Study Material & Best Books
12 min ⋆ Oct 10, 2024 05:10 AM ISTPR in UK for International and Indian Students 2024: After Study
6 min ⋆ Jul 30, 2024 12:07 PM ISTAdmission Intakes in Australia for International Students 2025
7 min ⋆ Oct 10, 2024 05:10 AM ISTStudy in Ireland Without IELTS 2024: Universities List, Process, Eligibility
12 min ⋆ Aug 01, 2024 10:08 AM ISTCanada vs India: Which is Better for Indian Students?
11 min ⋆ Oct 10, 2024 05:10 AM ISTPopular Courses and Specializations
Questions related to CA Final Exam
Have a question related to CA Final Exam ?
Hello Aspirant,
See application process is already live for CA Final 2022 examination for November 2022 session so if you had applied for it then it is alright and the last date to apply for it is July 1st 2022.
Now coming to the question of choice of elective paper so don't worry because choice of elective paper will be asked while filling examination form for CA final 2022 which would be available for the candidates in October 2022 so you can fill it out at that time and till then you will have to wait for it.
You can check out more information from the official site as given below :-
https://www.icai.org/new_post.html?post_id=15755
or you can also check out our article for all latest updates and complete details :-
CA Final Registration 2022 - Steps to Apply Online, Fees, Eligibility (careers360.com)
I hope this information helps you.
Good Luck!!
Anurag Khanna 08 February,2022
Hello,
No you cannot apply after the final date of registration. Unless the officials extend the last date you will not be eligible for applying after the final date of registration. As of now there are no information from the officials regarding the extension of the final date. The Institute of Chartered Accountants of India (ICAI) has opened the CA Final 2022 registration in online mode. The last date for the CA Final May 2022 registration was January 1, 2022. You can apply for December session. The last date is on July 1, 2022.
Shubham Dhane 01 February,2022
Hi there,
First of all make plan that what are you going to study,for how many hours you are going to study a topic and on what you will focus on. Plan all these things so that you don't get distract while studying. Then maintain a timetable and follow it .
We all have same working hours but we don't utilize them properly so start utilizing your working hour according to your mental energy .
Always study in a peaceful environment so that you can learn more in less time that means effective study .
Now if you are talking pparticularly about commerce then you can divide subjects into two part
(A) Numerical portion: First clear you concepts and after that practice as much as you can for Numerical.
(B) THEORY Portion: Make notes and clear your concept and revise them.
Try to understand instead of just mugging up lessons so that you can remember it for long time .
And last but not least study with enthusiasm. Enjoy study . Don't take study as burden.
Hope it helps you.
Good luck!
Sweta jha 22 January,2022
Hi Aspirant,
Hope you are doing great as per the question asked by you as you have made mistake while filling up the form you should definitely mail to the required authorities regarding the mistakes you have sometimes correction window is given to the students to correct the mistakes if made any during the process.
Hope you found this answer useful.Stay motivated stay positive.
All the best!
Bhavesh gupta 19 November,2021
Hey aspirant,
Sorry but this cannot be done as it is mandatory and one must complete at least 2 years of training before sitting for the finals
Ria Bafna 14 December,2021
Explore Career Options (By Industry)
Budget Analyst
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.
4 Jobs Available
Data Analyst
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.
3 Jobs Available
Underwriter
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.
3 Jobs Available
Finance Executive
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.
3 Jobs Available
Product Manager
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.
3 Jobs Available
Operations Manager
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.
3 Jobs Available
Stock Analyst
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
2 Jobs Available
Researcher
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.
2 Jobs Available
Welding Engineer
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.
5 Jobs Available
QA Manager
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.
4 Jobs Available
Quality Controller
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.
3 Jobs Available
Production Manager
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.
3 Jobs Available
Product Manager
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.
3 Jobs Available
QA Lead
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.
2 Jobs Available
Structural Engineer
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.
2 Jobs Available
Process Development Engineer
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.
2 Jobs Available
Applications for Admissions are open.
Symbiosis Online Programs
ApplyOnline PG programs from Symbiosis Centre for Distance Learning
GMAT™ Exam
ApplySelect test center appointment | Scores valid for 5 Years | Multiple Attempts | Round 2 Closing Soon
Chitkara University Online MBA
ApplyApply for Online MBA from Chitkara University
Lovely Professional University | B.Com Admissions 2025
ApplyIndia's Largest University | 100% Placements Record | Highest CTC 3 Cr PA
Chandigarh University Admissions 2025
ApplyRanked #1 Among all Private Indian Universities In QS Asia Rankings 2025 | Scholarships worth 210 CR
Study In Germany.
ApplyWant to study abroad? Plan your Journey
News and Notifications
November 06, 2024 - 01:19 PM IST
October 19, 2024 - 01:09 PM IST
September 24, 2024 - 02:45 PM IST
September 11, 2024 - 02:00 PM IST
September 07, 2024 - 10:18 PM IST
July 18, 2024 - 08:27 PM IST
April 01, 2024 - 09:58 AM IST
Stay up-to date with CA Final Exam News
Back to top