CA Final Exam Date: Eligibility, Syllabus, Fee, Application Process

Exams
Apr 08
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The Chartered Accountancy (CA) Final Exam is a crucial step for aspiring accountants to reap their certification. Understanding the examination dates is critical for powerful coaching. In this comprehensive manual, we’re going to delve into all factors of CA Final Exam date, imparting you with the vital facts to plan your have a look at agenda efficiently.

Overview of CA Final Exam Date
CA Final Exam Date Eligibility
Exam Pattern of CA Final Exam Date
Application Process of CA Final Exam Date
CA Final Exam Date Syllabus
CA Final Exam Date Important Dates
Tips for CA Final Exam Date Preparation
CA Final Exam Date Fee
Frequently Asked Questions (FAQs)

Overview of CA Final Exam Date

Component	Details
Exam Conducting Body	Institute of Chartered Accountants of India (ICAI)
Examination Level	Final stage of the Chartered Accountancy (CA) course
Eligibility	Completion of CA Intermediate Examination
Exam Frequency	Bi-annually
	– Typically held in May and November
Examination Mode	Offline (Pen and Paper-based)
Number of Groups	2
Number of Papers	8
Group I Papers	– Financial Reporting
	– Strategic Financial Management
	– Advanced Auditing and Professional Ethics
	– Corporate and Economic Laws
Group II Papers	– Strategic Cost Management and Performance Evaluation
	– Elective Paper (One out of six options)
	– Direct Tax Laws and International Taxation
	– Indirect Tax Laws
Passing Criteria	Minimum 40 marks in each paper
	Aggregate of 50% marks in all papers of a group
Examination Duration	3 hours per paper
Exemption Criteria	– Exemption in a paper if score is 60 or above
	– Exemption in a group if aggregate score in all papers of a group is 60 or above
Exam Result	Usually declared within 2-3 months after the exam
Validity of Result	Valid for three years from the date of declaration

CA Final Exam Date Eligibility

Criteria	Details
Educational Qualification	Completion of CA Intermediate Examination
Registration Requirement	Must be registered with the Institute of Chartered Accountants of India (ICAI)
Articleship Completion	Completion of 3 years of articleship training
GMCS and ITT Completion	Completion of General Management and Communication Skills (GMCS) course and Information Technology Training (ITT)
Advanced ITT Completion	Completion of Advanced Information Technology Training (Advanced ITT) for candidates registered after July 1, 2017
Eligibility for Direct Entry	Graduates or Post Graduates with specified percentage criteria
	– Graduates: Minimum of 55% marks in Commerce or 60% marks in other disciplines from a recognized university
	– Post Graduates: Minimum of 60% marks in Commerce or 55% marks in other disciplines from a recognized university
	– Completion of specified training as per ICAI guidelines
Conversion from IPCC to Final	Completion of 9 months of practical training or 100 hours of ITT, if not completed during IPCC

Exam Pattern of CA Final Exam Date

Component	Details
Examination Level	Final stage of the Chartered Accountancy (CA) course
Examination Mode	Offline (Pen and Paper-based)
Number of Groups	2
Number of Papers	8
Group I Papers	1. Financial Reporting
	2. Strategic Financial Management
	3. Advanced Auditing and Professional Ethics
	4. Corporate and Economic Laws
Group II Papers	1. Strategic Cost Management and Performance Evaluation
	2. Elective Paper (One out of six options: Risk Management, International Taxation, etc.)
	3. Direct Tax Laws and International Taxation
	4. Indirect Tax Laws
Paper Format	– All papers are descriptive in nature
	– Answers to be written in English
Passing Criteria	– Minimum 40 marks in each paper
	– Aggregate of 50% marks in all papers of a group
Examination Duration	– 3 hours per paper
	– Additional 15 minutes reading time provided before the exam starts
Exam Conduct	– Strict adherence to ICAI guidelines and exam rules
Exam Centers	– Conducted at designated exam centers across India and abroad
	– Centers allocated based on candidate preferences and availability
Answer Sheets	– Provided by the exam center
	– Should be filled correctly with all necessary details
Exam Results	– Usually declared within 2-3 months after the exam
	– Available online on the official website of ICAI
Exam Sessions	– Held in May and November each year
	– Adherence to the exam schedule and timings strictly enforced

Application Process of CA Final Exam Date

Step	Details
1. Registration with ICAI	– Ensure registration with the Institute of Chartered Accountants of India (ICAI) as a Final student.
	– Registration should be valid at the time of application.
2. Exam Form Availability	– CA Final Exam application forms are typically available on the ICAI website or through regional offices.
	– Forms are released well in advance of the exam dates.
3. Filling the Application	– Fill out the exam application form accurately with personal, educational, and registration details.
	– Choose the exam group(s) and papers you wish to appear for.
	– Select exam center preferences based on availability.
4. Submission of Form	– Submit the filled application form along with the requisite fees.
	– Ensure all required documents and fees are enclosed with the form.
5. Fee Payment	– Pay the exam fees through online payment modes or by Demand Draft (DD).
	– Verify the fee structure and payment deadlines specified by ICAI.
6. Confirmation	– Upon successful submission of the application form and fee payment, a confirmation receipt is generated.
	– Keep the receipt safe for future reference.
7. Admit Card	– Admit cards are issued by ICAI a few weeks before the exam.
	– Download the admit card from the ICAI website using registration details.
	– Admit card contains exam details, center address, and candidate information.
8. Examination	– Appear for the CA Final Exam on the scheduled dates and times.
	– Adhere to exam rules and regulations strictly.
9. Result Declaration	– CA Final Exam results are usually declared 2-3 months after the exam.
	– Check the result on the ICAI website using registration details.
	– Download the scorecard and keep it safe for future reference.
10. Post-Exam Procedures	– If successful, proceed with the next steps of the CA qualification process.
	– If unsuccessful, evaluate performance and plan for re-attempt if necessary.

CA Final Exam Date Syllabus

Group	Papers	Syllabus
Group I	1. Financial Reporting	– Framework for Preparation and Presentation of Financial Statements. – Application of Accounting Standards – Corporate Financial Reporting. – Multinational Financial Reporting. – Accounting for Special Transactions

	2. Strategic Financial Management	– Investment Decisions. – Financing Decisions. – Dividend Decisions. – Management of Working Capital. – Financial Services. – Foreign Exchange Exposure and Risk Management

	3. Advanced Auditing and Professional Ethics	– Auditing Standards, Statements, and Guidance Notes. – Audit Planning, Strategy, and Execution. – Risk Assessment and Internal Control. – Special Aspects of Auditing. – Company Audit – Audit of Limited Companies

	4. Corporate and Economic Laws	– Corporate Laws – Economic Laws

Group II	1. Strategic Cost Management and Performance Evaluation	– Strategic Cost Management and Decision Making – Performance Evaluation and Control – Cost Management Techniques – Strategic Decision Making

	2. Elective Paper	– One out of six options: Risk Management, International Taxation, Economic Laws, Financial Services & Capital Markets, Global Financial Reporting Standards, Multidisciplinary Case Study

	3. Direct Tax Laws and International Taxation	– The Income-tax Act, 1961 – International Taxation

	4. Indirect Tax Laws	– Goods and Services Tax (GST) – Customs Laws and Foreign Trade Policy

CA Final Exam Date Important Dates

Event	Date	Description
Form Availability	February 2, 2024	The application window to register for the May 2024 exams opened on this date.
Form Closes (Without Late Fees)	February 23, 2024	This was the last date to register for the May 2024 exams without incurring a late fee.
Form Closes (With Late Fees)	March 2, 2024	Candidates could register for the May 2024 exams until this date with a late fee.
Exam Dates (Group 1)	May 2nd, 4th, 8th, 2024	These were the dates for the Group 1 papers in the May 2024 exams.
Dates (Group 2)	May 10th, 14th, 16th, 2024	These were the dates for the Group 2 papers in the May 2024 exams.

Notification Release: The notification for the CA Final Exam date is commonly launched by using the Institute of Chartered Accountants of India (ICAI) approximately 3 to four months earlier than the exam dates.

Exam Application Period: The software window for the CA Final Exam date normally opens quickly after the exam notification is launched. Candidates are required to put up their exam software forms in the designated length.

Admit Card Release: Admit cards for the CA Final Exam are normally issued by means of ICAI around to 3 weeks earlier than the examination date. Candidates can download their admit cards from the reliable website of ICAI using their registration information.

Exam Dates: The CA Final Exam is typically carried out two times a year, in May and November. The genuine examination dates are announced by using ICAI within the examination notification.

Result Declaration: CA Final Exam results are typically declared by using ICAI about two to 3 months after the conclusion of the examination. Candidates can check their effects at the reputable website of ICAI the use of their registration info.

Tips for CA Final Exam Date Preparation

Create a Study Schedule:

Plan a structured study schedule covering all subjects and topics.

Allocate specific time slots for each subject based on their weightage and difficulty level.

Understand the Syllabus:

Thoroughly understand the syllabus and exam pattern for each paper.

Focus on mastering the concepts rather than rote learning.

Practice Regularly:

Practice solving previous years’ question papers and mock tests.

Regular practice helps in improving time management and identifying weak areas.

Focus on Conceptual Clarity:

Focus on understanding the underlying concepts rather than memorizing.

Seek clarification from mentors or reference materials for any doubts.

Revision is Key:

Allocate time for regular revision of topics covered.

Revision helps in reinforcing concepts and retaining information effectively.

Stay Updated:

Keep yourself updated with the latest amendments and notifications by ICAI.

Stay informed about any changes in the syllabus or exam pattern.

Utilize Study Materials:

Make use of recommended study materials, textbooks, and reference guides.

Choose quality study materials from reputed authors or publishers.

Take Breaks and Stay Healthy:

Take regular breaks during study sessions to avoid burnout.

Maintain a healthy lifestyle with adequate sleep, exercise, and nutrition.

Join Study Groups or Coaching Classes:

Join study groups or enroll in coaching classes for additional guidance and peer support.

Interacting with peers helps in discussing doubts and gaining different perspectives.

Stay Positive and Motivated:

Maintain a positive mindset and believe in your abilities.

Stay motivated by setting realistic goals and celebrating small achievements.

CA Final Exam Date Fee

Component	Details
Registration Fee	₹22,000 for Indian students and ₹33,000 for foreign students.

Examination Fee	₹3,300 for Group I, ₹3,000 for Group II, and ₹5,400 for both groups for Indian students.
	₹4,000 for Group I, ₹3,000 for Group II, and ₹7,200 for both groups for foreign students.

Late Fee	Additional ₹600 for late submission of exam application forms.

Inspection or Certified Copies	₹500 per paper for inspection and ₹500 per paper for certified copies.

Verification of Marks	₹1,000 per paper for verification of marks.

Revaluation Fee	₹100 per paper for revaluation of answer scripts.

CA Final Exam Form Fee	₹1,000 for Indian students and ₹1,700 for overseas candidates.

CA Final Exam Centers Fee	₹500 for Indian exam centers and $150 for overseas exam centers.

Practical Training Completion Fee	₹2,000 (Optional)

Advanced ITT Fee	₹12,000 (For candidates registered after July 1, 2017)

Articleship Registration Fee	₹2,000 (For direct entry students)

Frequently Asked Questions (FAQs)

Q1: How many attempts are allowed for CA final exam date?

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: Can I claim two exemptions in CA final exam date?

A2: You can claim CA exemptions for up to three exams, but you must exhaust any previous exemptions before being eligible for a new one.

Q3: Which subject is scoring in CA final?

A3: SFM is a practical subject and one of the most scoring subjects. Best study material – ICAI Module, RTP, MTP, Past Year Papers. One must always understand the concepts first and then practise as many sums as possible in writing and not orally.

Q4: Is negative marking in CA final exam date?

A4: No, there is no negative marking for wrong answers in the CA Final Exam. What are the key changes in CA Final Paper 6, and how is it structured in 2024? CA Final Paper 6, now Integrated Business Solutions, is open book and case study-based, lasting four hours.

Q5: How many people clear CA in first attempt?

A5: Becoming a CA in India is a promising yet challenging role. Studies reveal that about 45-50 per cent of the applicants clear the ICAI Exam in the first attempt, making this among the most competitive exams to crack.