The CA Final Exam, conducted by using the Institute of Chartered Accountants of India (ICAI), is one of the most prestigious and challenging checks for aspiring chartered accountants. The examination dates held significance amidst numerous uncertainties and demanding situations due to the global pandemic. This blog ambitions to offer complete facts approximately the CA Final Exam date 2021, along with insights and suggestions for aspirants.
- Overview of CA Final Exam date 2021
- CA Final Exam Date 2021 Eligibility
- Exam Pattern of CA Final Exam Date 2021
- Application Process of CA Final Exam Date 2021
- CA Final Exam Date 2021 Syllabus
- CA Final Exam Date 2021 Important Dates
- Tips for CA Final Exam Date 2021 2023 Preparation
- CA Final Exam Date 2021 Fee
- Frequently Asked Questions (FAQs)
Overview of CA Final Exam Date 2021
| Exam Component | Details |
|---|---|
| Conducting Body | Institute of Chartered Accountants of India (ICAI) |
| Exam Level | Final |
| Number of Groups | 2 (Group I and Group II) |
| Number of Papers | 8 (4 papers in each group) |
| Subjects | Group I: 1. Financial Reporting 2. Strategic Financial Management 3. Advanced Auditing 4. Corporate and Economic Laws Group II: 1. Strategic Cost Management and Performance Evaluation 2. Elective Paper (choose one from various options) 3. Direct Tax Laws and International Taxation 4. Indirect Tax Laws |
| Mode of Exam | Offline |
| Duration of Each Paper | 3 hours |
| Marking Scheme | Subjective (with some objective-type questions) |
| Eligibility Criteria | Completion of Articleship Training and passing of CA Intermediate Examination |
| Exam Frequency | Conducted twice a year (May and November) |
| Passing Criteria | Securing a minimum of 40% marks in each paper and an aggregate of 50% marks in all papers of a group |
| Exam Fee | Varies depending on the number of groups and mode of examination |
| Result Declaration | Generally announced within two months of the exam |
CA Final Exam Date 2021 Eligibility
| Eligibility Criteria | Details |
|---|---|
| Completion of Articleship | Completion of a minimum of 2.5 years of practical training under a practicing CA or as part of a recognized training program. |
| Passing CA Intermediate | Passing both groups of the CA Intermediate Examination conducted by ICAI. |
| Registration | Registering for the CA Final Course with ICAI after passing the Intermediate Examination. |
| Study Period | Minimum study period of 2.5 years from the date of registration for the CA Final Course. |
Exam Pattern of CA Final Exam Date 2021
| Exam Pattern | Details |
|---|---|
| Number of Groups | 2 (Group I and Group II) |
| Number of Papers | Group I: 4 papers, Group II: 4 papers |
| Types of Questions | Subjective (with some objective-type questions) |
| Duration of Each Paper | 3 hours |
| Mode of Examination | Offline |
| Marking Scheme | Each paper is usually marked out of 100, with different weightage assigned to different questions. |
| Passing Criteria | Minimum of 40% marks in each paper and an aggregate of 50% marks in all papers of a group. |
| Options in Group II | Candidates can choose one elective paper from a list of options available in Group II. |
| Syllabus Coverage | Comprehensive coverage of subjects related to accounting, auditing, taxation, and other financial areas. |
| Negative Marking | No negative marking for incorrect answers. |
Application Process of CA Final Exam Date 2021
| Application Process Step | Details |
|---|---|
| Registration | Candidates must register for the CA Final Course with ICAI. Registration can be done online on the ICAI website or through the regional offices. |
| Eligibility Verification | Ensure that you meet the eligibility criteria, including completion of articleship and passing the CA Intermediate Examination. |
| Exam Form Submission | Fill and submit the exam form online through the ICAI portal within the specified deadline. The form includes personal details, choice of exam center, and exam group selection. |
| Payment of Exam Fee | Pay the exam fee online using the available payment options. The fee varies depending on the number of groups and mode of examination selected. |
| Admit Card Download | After successful submission of the exam form and payment of fees, download the admit card from the ICAI website. Admit card contains exam details and center information. |
| Correction Window | In case of any discrepancies in the admit card or exam form, utilize the correction window provided by ICAI to make necessary corrections. |
| Exam Center Allocation | ICAI allocates exam centers based on the preferences selected during the exam form submission. |
| Exam Day | On the day of the exam, carry the admit card along with valid identification proof to the exam center. Follow the instructions provided by the invigilators and abide by the exam rules and regulations. |
CA Final Exam Date 2021 Syllabus
| Group | Subjects |
|---|---|
| Group I | 1. Financial Reporting: Accounting Standards, Corporate Financial Reporting, Consolidated Financial Statements, and Corporate Restructuring. 2. Strategic Financial Management: Financial Policy and Corporate Strategy, Risk Management, Security Analysis, and Portfolio Management. 3. Advanced Auditing and Professional Ethics: Auditing and Assurance Standards, Internal Audit, Audit of Limited Companies, and Professional Ethics. 4. Corporate and Economic Laws: Company Law, Securities Laws, Economic Laws, and Competition Law. |
| Group II | 1. Strategic Cost Management and Performance Evaluation: Cost Management, Decision Making, Performance Evaluation, and Budgetary Control. 2. Elective Paper: Candidates can choose one paper from a list of options provided by ICAI. Options include Risk Management, International Taxation, Financial Services and Capital Markets, and more. 3. Direct Tax Laws and International Taxation: Income Tax Law, International Taxation, Transfer Pricing, and Double Taxation Avoidance Agreements (DTAA). 4. Indirect Tax Laws: Goods and Services Tax (GST), Customs Law, and Other Indirect Taxes. |
CA Final Exam Date 2021 Important Dates
| Scheme | Group | Dates |
|---|---|---|
| Old Scheme | Group 1 | 2021: Dec 5, 7, 9, 11 |
| Old Scheme | Group 2 | 2021: Dec 13, 15, 17, 19 |
| New Scheme | Group 1 | 2021: Dec 5, 7, 9, 11 |
| New Scheme | Group 2 | 2021: Dec 13, 15, 17, 19 |
Exam Registration Opens: Typically, registration for the CA Final Exam opens several months earlier than the exam date. Candidates are cautioned to sign in as early as possible to keep away from any last-minute troubles.
Exam Form Submission Deadline: The cut-off date for submitting the exam shape is usually introduced with the aid of the Institute of Chartered Accountants of India (ICAI). It is crucial for applicants to post their exam paperwork inside this stipulated time-frame to be eligible for the examination.
Admit Card Release Date: The admit playing cards for the CA Final Exam are commonly launched by way of ICAI some weeks before the examination date. Candidates need to download their admit cards from the respectable internet site of ICAI and carry them to the exam center on the day of the examination.
Exam Dates: The CA Final Exam is generally carried out in May and November each year. The exam dates for each Group I and Group II are introduced properly in advance by way of ICAI. Candidates ought to mark these dates on their calendars and plan their education for that reason.
Result Declaration Date: After the completion of the exam, ICAI normally broadcasts the results inside two to 3 months. Candidates can test their outcomes online at the authentic internet site of ICAI using their roll wide variety and other required info.
Revaluation/Verification Application Deadline: In case candidates aren’t satisfied with their effects, they have got the choice to apply for revaluation or verification of their answer sheets. The deadline for filing the revaluation or verification software is commonly announced in conjunction with the result assertion.
Supplementary Exam Dates (if applicable): In positive cases, ICAI may additionally behavior supplementary checks for applicants who have been unable to clear certain papers within the most important exam.
Tips for CA Final Exam Date 2021 Preparation
Create a Study Schedule: Develop a based look at plan that allocates sufficient time for each subject and subject matter. Divide your observe classes into achievable blocks and stick with your time table consistently.
Understand the Syllabus: Familiarize your self with the entire syllabus of the CA Final Exam. Identify the weightage of every topic and prioritize your study for that reason. Focus greater on topics with higher weightage at the same time as making sure coverage of all subjects.
Practice Regularly: Practice fixing previous years’ question papers and ridicule tests to get familiar with the exam pattern and improve it slow management skills. Regular exercise can even assist you discover your strengths and weaknesses in extraordinary topics.
Focus on Conceptual Understanding: Instead of rote learning, strive to apprehend the underlying standards and principles in each situation. Build a robust conceptual foundation, as it will assist you address complex questions extra efficaciously in the course of the exam.
Make Short Notes: Prepare concise notes summarizing key principles, formulas, and important factors for quick revision. These notes will serve as reachable reference fabric throughout the very last days of guidance and assist reinforce your learning.
Seek Guidance: Don’t hesitate to are seeking for steerage from experienced college contributors, mentors, or seniors who’ve efficaciously cleared the CA Final Exam. Their insights, guidelines, and recommendation can prove worthwhile in your training journey.
Stay Updated: Keep your self updated with the brand new amendments, notifications, and announcements issued via ICAI. Stay connected with applicable take a look at substances, online boards, and dialogue businesses to live knowledgeable about any changes within the syllabus or exam sample.
CA Final Exam Date 2021 Fee
| Exam Component | Fee Details |
|---|---|
| Registration Fee | INR 22,000 (for Indian students) |
| USD 1,100 (for Overseas Centre(s) opted at the time of registration) | |
| Examination Fee | INR 3,000 (for Group I) |
| INR 1,800 (for Group II) | |
| INR 5,400 (for Both Groups) | |
| USD 325 (for Overseas Centre(s) opted at the time of registration) per group | |
| USD 550 (for Overseas Centre(s) opted at the time of registration) for both groups | |
| Late Fee (if applicable) | INR 600 (for Indian students) |
| USD 10 (for Overseas Centre(s) opted at the time of registration) | |
| Revalidation of Registration Fee | INR 500 (for Indian students) |
| USD 20 (for Overseas Centre(s) opted at the time of registration) | |
| Inspection or Certified Copies Fee | INR 500 (per subject) for Intermediate/Intermediate(IPC) Course |
| INR 500 (per paper) for Final Course | |
| USD 10 (per paper) for Overseas Centre(s) opted at the time of registration | |
| Verification of Marks Fee | INR 100 (per subject) for Intermediate/Intermediate(IPC) Course |
| INR 100 (per paper) for Final Course | |
| USD 10 (per paper) for Overseas Centre(s) opted at the time of registration | |
| Special Exams Fee | INR 1,000 (per exam) for Indian students |
| USD 100 (per exam) for Overseas Centre(s) opted at the time of registration |
Frequently Asked Questions (FAQs)
Q1: How many attempts are allowed for CA final exam date 2021?
A1: Initial registration for Final Course is valid for 5 years (10 attempts as there are 2 exams in a year). After 5 years, a student should revalidate it for another 5 years. There is no limit to the number of attempts taken to clear a CA exam.
Q2: What type of questions are asked in CA final exam date 2021?
A2: The CA Final exam includes papers such as Corporate & Economic Laws Part I: Corporate Law, Economic Laws, Strategic Cost Management and Performance Evaluation, Direct Tax Laws & International Taxation, Goods and Services Tax, Direct Tax Laws & International Taxation, etc.
Q3: What is the highest attempt in CA final exam date 2021?
| Level of Examination | Number of Attempts Allowed |
|---|---|
| Foundation | 6 attempts |
| Intermediate (IPCC) | Unlimited attempts |
| Final | Unlimited attempts |
Q4: What is the passing score for CA final exam date 2021?
A4: The passing marks for CA Final is minimum of 40 per cent aggregate in each individual subject and 50 per cent aggregate of all the subjects at one sitting in either both the groups or a single group. Candidates who do not score the minimum percentage, have to take the exam again in the next cycle.
Q5: Does CA final have negative marking?
A5: No, there is no negative marking for wrong answers in the CA Final Exam.
