The Institute of Chartered Accountants of India (ICAI) has formulated the Revised Scheme of Education and Training. The Revised Scheme of Education and Training for CA course will come into effect from 1st July, 2017. And also provided the considerable amount of time period to the students enrolled under old syllabus for mandatory migration in to new CA course. Lets glance over the changes in the new curriculum.
CA Foundation Course
- Exams will be conducted in the month of May and November.
- Should complete 4 months of study period
- Two papers are in descriptive type and other two papers are in subjective type examination.
- Foundation Examination by securing 50 % in aggregate and 40 % in each subject individually.
Exam Papers in CA foundation
| Number |
Subject Name |
Marks |
Paper model |
| Paper -1 |
Principles and Practices of Accounting |
100 |
Subjective |
| Paper -2 |
Business Law & Business Correspondence and Reporting |
|
Subjective |
| Section A: Business Law |
60 |
| Section B: Business Correspondence and Reporting |
40 |
| Paper -3 |
Business Mathematics and Logical Reasoning &Statistics |
|
Objective with Negative Marking |
| Section A: Business Mathematics and Logical Reasoning |
60 |
| Section B: Statistics |
40 |
| Paper -4 |
Business Economics & Business and Commercial Knowledge |
|
Objective with Negative Marking |
| Section A: Business Economics |
60 |
| Section B: Business and Commercial Knowledge |
40 |
Time lines for Implementation of Revised Scheme in CA Foundation
| Sl |
Particulars |
Date/Attempt |
| 1 |
Last Date for CPT registration |
30th June, 2017 |
| 2 |
Date of commencement of registration for
Foundation Course |
1st July, 2017 |
| 3 |
First Foundation Exam to be held in |
May, 2018 |
| 4 |
Last CPT Exam to be held in |
June, 2019 |
| 5 |
Three Parallel attempts |
Foundation |
CPT |
| May, 2018 |
June, 2018 |
| Nov, 2018 |
Dec, 2018 |
| May, 2019 |
June, 2019 |
CA Intermediate:
- Exams will be conducted in the month of May and November.
- Register in Intermediate Course w e f 1st July 2017, if qualified PE I /CPT/ Foundation or if joining through Direct Entry Route
- Should complete 8 months of study period before appearing for the Intermediate Examination
Exam Papers in CA Intermediate
| Number |
Subject Name |
Marks |
Paper model |
| Group-I |
| Paper -1 |
Accounting |
100 |
Subjective |
| Paper -2 |
Corporate Laws & Other Laws |
|
Subjective |
| Section A: Company Laws |
60 |
| Section B: Other Laws |
40 |
| Paper -3 |
Cost and Management Accounting |
100 |
Subjective |
| Paper -4 |
Taxation |
|
Subjective |
| Section A: Income Tax Law |
60 |
| Section B: Indirect Taxes |
40 |
| Group-II |
| Paper -5 |
Advanced Accounting |
100 |
Subjective |
| Paper -6 |
Auditing and Assurance |
100 |
Subjective |
| Paper -7 |
Enterprise Information Systems & Strategic Management |
|
Subjective |
| Section A: Enterprise Information Systems |
50 |
| Section B: Strategic Management |
50 |
| Paper -8 |
Financial Management & Economics for Finance |
|
Subjective |
| Section A: Financial Management |
60 |
| Section B: Economics for Finance |
40 |
Time lines for Implementation of Revised Scheme in CA Intermediate
| Sl |
Particulars |
Date/Attempt |
| 1 |
Last date for Registration in Intermediate (IPC) Course |
30th June, 2017 |
| 2 |
Date of commencement of registration for Intermediate Course – (Both Routes) |
1st July, 2017 |
| 3 |
First Exam for Intermediate (Both Routes)in |
May, 2018 |
| 4 |
Last Exam for Intermediate (IPC)in |
May, 2019 |
| 5 |
Three Parallel attempts |
Intermediate |
IPCC |
| May, 2018 |
May, 2018 |
| Nov, 2018 |
Nov, 2018 |
| May, 2019 |
May, 2019 |
CA Final:
- Exams will be conducted in the month of May and November.
- Appear for the Final examination during the last six months of Practical Training(3Years) and after successfully completing Four Weeks Advanced Integrated Course on Information Technology and Soft Skills (ICITSS)
Exam Papers in CA Final:
| Number |
Subject Name |
Marks |
Paper model |
| Group-I |
| Paper -1 |
Financial Reporting |
100 |
Subjective |
| Paper -2 |
Strategic Financial Management |
100 |
Subjective |
| Paper -3 |
Advanced Auditing and Professional Ethics |
100 |
Subjective |
| Paper -4 |
Corporate and Economic Laws |
|
Subjective |
| Section A: Corporate Laws |
70 |
| Section B: Economic Laws |
30 |
| Group-II |
| Paper -5 |
Strategic Cost Management and Performance Evaluation |
100 |
Subjective |
| Paper -6 |
Elective Paper (One to be chosen from the below list of Elective Papers) |
100 |
Subjective |
| Risk Management |
|
| International Taxation |
|
| Economic Laws |
|
| Financial Services & Capital Markets |
|
| Global Financial Reporting Standards |
|
| Multidisciplinary Case Study |
|
| Paper -7 |
Direct Tax Laws & International Taxation |
|
Subjective |
| Section A: Direct Tax Laws |
70 |
| Section B: International Taxation |
30 |
| Paper -8 |
Indirect Tax Laws |
|
Subjective |
| Section A: Goods and Service Tax |
75 |
| Section B: Customs and FDP |
25 |
Time lines for Implementation of Revised Scheme in CA FInal
| Sl |
Particulars |
Date/Attempt |
| 1 |
Last date for Registration in existing Final Course |
30th June, 2017 |
| 2 |
Date of commencement of registration in Final (new) Course |
1st July, 2017 |
| 3 |
First Exam for Final (new) Course in |
May, 2018 |
| 4 |
Last Exam for existing Final Course in |
Nov, 2020 |
| 5 |
Three Parallel attempts |
Intermediate |
IPCC |
| May, 2018 |
May, 2018 |
| Nov, 2018 |
Nov, 2018 |
| May, 2019 |
May, 2019 |
| Nov, 2019 |
Nov, 2019 |
| May, 2020 |
May, 2020 |
| Nov, 2020 |
Nov, 2020 |
Other Points
- Practical training can commence after passing either or both groups of Intermediate examination and successfully completing Four Weeks Integrated Course on Information Technology and Soft Skills (ICITSS)
- Click here to download the FAQs under this new Scheme.
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