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EXAM
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The Institute of Chartered Accountants of India (ICAI) has issued an important notice regarding exemptions from appearing in Inter and Final exams under the New Scheme of Education and Training for the ICAI CA May Exam 2024. Candidates can view the official notification on the ICAI official website.
According to the Institute of Chartered Accountants of India's New Scheme of Education and Training, the Institute's Council has decided to grant exemptions under the new syllabus approved by it for Intermediate and Final Examination to existing students for papers passed under the Old/Existing Scheme.
For the final exam, the Council has decided to continue to provide a candidate exemption in a paper or papers granted previously under the Old/Existing Scheme for the unexpired chance(s) of the exemption in the corresponding paper(s) allowed by the Council under the New Scheme.
Furthermore, the council has decided that candidates who passed in one but not both groups of the final exam under the current scheme will be eligible for exemption in that group and will be required to appear and pass in the remaining group or papers in order to pass the Final Examination under the New Scheme.
For the Intermediate examination, the Council has decided to grant a candidate exemptions in a paper or papers granted previously under the Old/Existing Scheme (by virtue of having secured a minimum of sixty percent marks in one or more papers in a Group/s as per the existing criteria for grant of exemption) for the unexpired chance(s) of the exemption in the corresponding paper(s) approved by the Council under the New Scheme.
Furthermore, the Council has approved the 'Unit' scheme for candidates who have completed one of the Groups under the Intermediate Examination as specified in paragraph 2A of Schedule B to the Chartered Accountants Regulations, 1988 or Professional Competence Examination (PCE), or Intermediate (Professional Competence) Examination, or Integrated Professional Competence Examination or Intermediate (IPC) Examination or Intermediate Examination.
Direct link for Official Notice
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