PROPOSED Changes by ICAI in CA Course and Profession:

CA FOUNDATION:
- Syllabus:
1.Accounts-Des
2.Business Law-Des
3.Quantitaive-MCQ
4.Business Economics-MCQ
- 3 Attempts per Year
- Eligibility- Class 12 exams + 4 month study period
-Pass % is minimum 50% per paper
-25% Negative Marking
-Registration can be taken after Class 10 but valid only for 4 years and cannot be extended

ITT Orientation and MCS – No Major Change

CA INTER:
-Syllabus
1.Ad. Acc
2.Corp. Law
3.Cost
4.Income Tax & GST
5.Audit & Ethics
6A.FM
6B.SM

-Both Accounts Merged
-EIS Removed and Integrated in Final subject wise
-Min 8 months study period (incl. Direct Entry)
-30% MCQ in all Papers
-25% negative marking in MCQ
-2 Groups of 3 Papers
-Exemption can be c/f after 3 attempts but passing marks will become 50% in all remaining subjects
-Inter Registration will have 5 year validity and can be extended only once for 5 more years

ARTICLESHIP:
-Eligible only after passing both groups of Inter (Even for Direct Entry)
-Reduced to 2 years
-Max 12 days leave per year
-Stipend Doubled
-Industrial Training 9-12 months
-Ind. Training Stipend - Min ₹15000 p.m
-Final only after 6 months post Articleship

SELF PACED MODULES:
-Syllabus:
1.Eco Law
2.SCMPE
3.Specialisation Elective (Any 1 from 10 options)
4.Multidisciplinary Approach (Any 1 from 5 Options)
-Online
- After Passing both Inter both groups
-Objective Questions
-Min 50% Passing

CA FINAL:
-Syllabus:
1.FR
2.Adv. FM
3.Aud & Prof.Ethics
4.DT & Intl.Tax
5.IDT
6.Multi-disciplinary case study with SM

-2 groups of 3 papers each
-SCMPE & Electives Removed & added to Self-Paced Module
-Co. Law Removed and covered in Inter
-Every Sub will have IT &Ethics
-30% MCQ & 25% negative marking in All Papers
-All Papers will be Open Book/ Restricted Open Book
-Exemption Scheme changed same as Inter
-Adv.IT & MCS, Self-Paced Module to be cleared & 6 m study period after Articleship to appear in exam

CERTIFICATE OF PRACTICE:
-1 yr Post Qualification Experience under Practising FCA-Compulsory for COP
-Same might also apply to members in industry who later want COP

BUSINESS ACCOUNTING ASSOCIATE:
-Certificate to the Students who are eligible for final but could not clear

INTERNATIONAL CURRICULUM:
-Common Global Curriculum with certain country specific Subjects
-Articleship can also be taken under non CA member of IFAC

-Feedback on above can be given to ICAI at https://boscret.icai.org

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