Change in CA exam frequency for Inter and Foundation
In the All India Managing Committee Members Meet held in Kolkata on 8th March 2024, the President of Institute of Chartered Accountants of India (ICAI) CA. Ranjeet Kumar Agarwal, made 2 announcements regarding academics.
That the Intermediate & Foundation course examinations will now be held thrice a year, in the month of January, May/June and September. The CA Final exam however, will continue to follow the traditional biannual format.
He mentioned that, globally the frequency of examination is more & hence students get more opportunities to appear for the exam. Taking that into consideration, ICAI has also decided to increase the frequency of the CA Foundation and Intermediate Examination from twice to thrice per year.
Another announcement being, ICAI in collaboration with Comptroller and Auditor General of India to jointly conduct a Certificate Course for Accountants of Panchayats and Municipal Bodies. The course is developed to make available skilled & trained accountants at grassroots level to improve accounting of Local-self Government in India.