Whats the Good News for You

1

Reduction in number of Papers

The number of papers in CA Final and CA Intermediate has been reduced from 8 to 6 respectively.

2

Validity of Registration

The validity of registration has been amended. The entry to the course is now a bit harder while the exit has been made easier.

3

Study Period Reduced

No need of 9 months Articleship for direct entry  students to CA Inte. Just 8 months study period  applicable.

4

Practical Training Time Reduced

No need of 9 months Articleship for direct entry  students to CA Inte. Just 8 months study period  applicable.

5

Open Book & Restricted Book Papers Introduced

ICAI has decided to introduce open book and restricted book papers to the CA Final exams.

6

Finally the Exit Route is Here

Once a student completes CA Intermediate and Articleship, he will be awarded a Business Accounting Associate Certificate.

7

Introduction of Mandatory Self Paced module

ICAI has introduced Subjects that you can study at your own pace and choice. Just note that  marks in these papers will not be added to your exams.

8

100% Increase in Stipend

ICAI has declared that the stipend given to students during articleship  will be doubled. Well as a student, who doesn't want a little bit more  in pocket money.

Whats the Not So Good News for You

1

CA Foundation Passing Criteria

The individual subject passing percentage has been increased from 40% to  50%. The aggregate passing percentage is still the same i.e. 50%.

2

Negative Marking is Back

Negative marking has been introduced in CA Intermediate and CA Final exams.

3

Reduction in Number of Leaves

The number of leaves a student can avail in CA Articleship has been  reduced to ONLY 12 per year. So a total of 24 leaves granted in a span  of 2 years.

Want to know in Detail ?

Click on the YouTube Link below for full video with detailed explanation of upcoming changes