The Institute of Chartered Accountants of India (ICAI) has announced a major change in the pattern of CA Foundation and Inter exams. Previously, the Foundation and Intermediary exams were conducted twice a year, but now candidates will have the opportunity to appear for these exams three times annually. The change in pattern was announced by Central Council Member (CCM) of the ICAI, Dhiraj Khandelwal via a post on the social media platform X.
The Institute of Chartered Accountants of India (ICAI) has announced a major change in the CA Foundation and Inter exam patterns. While these exams were previously held twice yearly, candidates will now have three chances annually to participate. The change in pattern was announced by Dhiraj Khandelwal, a Central Council Member (CCM) of the ICAI, through a post on the social media platform X.
The CA student community has embraced the decision, as it offers them increased flexibility and opportunities for success. The move by the ICAI to implement this change is viewed positively, representing a supportive step towards CA students. The tweet stated, “Welcoming move by the ICAI to bring a beneficial change in favour of the CA student fraternity by introducing CA examinations thrice a year for CA Foundation and CA Inter level.
The tweet further clarified that more details and guidelines regarding the decision will be issued by the ICAI soon. The ICAI Foundation exam serves as the initial phase in the journey to becoming a Chartered Accountant, accessible to candidates upon completing Class 12. Following successful completion of the Foundation exam, candidates can proceed to enroll in the CA Intermediate course, comprising two groups with four subjects each. Ultimately, the CA final exam marks the concluding step to become a Chartered Accountant.