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.
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.