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Chartered Accountancy syllabus at new level from July 1

 

ICAI

 

CA Syllabus and Exam Pattern on modification from July I – ICAI

 
The Institute of Chartered Accountants of India (ICAI) announced that it will be changing its syllabus and exam pattern to make the students competitive at a global level. All the changes will be applicable from 1st July, the 68th Foundation day of the institute.
 
On 1st July, the new courses, announced by the statutory CAs body, will come into effect which will be introduced at all levels. These new courses include Goods and Service Tax (GST), IT and communication skills, and Business Correspondence Reporting.
 
According to the President of the ICAI, Nilesh Shivji Vikamsey, the CA course is easy to enter and difficult to exit. The test is going to be made it a bit difficult to improve the input/output ratio. Though, it still won’t be as difficult as the medical and engineering exam.
 
Vikamsey also added that they have launched revised scheme of training and education for the students of the CA. This move will help in evolving the role of CA in the current economic scenario. These new changes in the curriculum of the Chartered Accountancy courses will promote innovation and encourage out of the box thinking.
 

Test Pattern:

 

  • As of now the test will be conducted on three levels with both, subjective and objective questions. Each form will be of 200 marks.
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  • A complete subjective paper of 100 marks at the entry level Foundation exam will be conducted. Earlier, this test was known as Common Proficiency Test (CPT).
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  • Next paper will be a 100 marks paper. This will include 60 marks for Economics and 40 marks for English. This paper, which used to be objective, will now be subjective.

 
According to FCA, Madhukar Narayan Hiregange, the step is taken to balance the mismatch between the standard of CPT with Integrated Professional Competence Course (IPCC) and Final are very different. CPT is much easier than the standard of IPCC and the final.
 
For any query, candidates are requested to check the official website

 

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