CA New Scheme 2024
Any new candidate seeking to become a Chartered Accountant who begins preparations for the May/June 2024 tests should be aware that the ICAI has announced the CA New Scheme of Education and Training for CA, which is effective July 1, 2023. The first exam under the CA New Scheme will take place in May 2024.
The ICAI (Institute of Chartered Accountants of India) recently announced a CA New Scheme 2024, which was published in the Indian Gazette on June 22, 2023, and will take effect on July 1, 2023. Significant changes will be made to the CA course curriculum and practical training time.
Some papers from all three levels are combined in the CA revised syllabus 2024, while others are deleted. Furthermore, the new model shortens the CA articleship time from three to two years.
| ICAI CA Course Level | New Changes |
| CA Foundation | 4 Subjects from 6 Subjects |
| CA Intermediate | 6 Papers (3 in each Group) |
| CA Articleship | Period Reduced from 3 to 2 years |
| CA Final | 6 Papers (3 in each Group) |
There are also numerous modifications to the eligibility, registration validity, curriculum, subjects, paper pattern, passing requirements, exemptions, training leaves, and exiting the CA course.
Also, in the announcement column of the ICAI’s official website, you may find the official notification on CA New Scheme.
Check out the ICAI official notification for the CA New Scheme 2024.
ICAI CA New Scheme 2024 important Levels:
CA Foundation New Syllabus 2024
Currently, the CA Foundation syllabus includes six subjects and four examinations. In the new program, ICAI has abolished two subjects: Business Correspondence & Reporting and Business & Commercial Knowledge.
ICAI New Scheme for CA Foundation New Syllabus and Subjects 2024
CA Intermediate New Syllabus 2024
The CA Intermediate course will now consist of only six papers, rather than eight. The ICAI has proposed the following changes in the CA Intermediate subjects: ICAI New Scheme for CA Intermediate Syllabus and Subjects 2024
CA Final New Syllabus 2024
The ICAI has reduced the number of CA Final papers from eight to six in the new CA scheme 2023. Now there will be two groups, each with three papers. ICAI New Scheme for CA Final New Syllabus and Subjects 2024
FAQ
- Will the CA syllabus change in 2024?
On July 1, the institute revealed its new syllabus for the CA foundation, intermediate, and final exams for the 2024 session. - Will the CA new scheme be implemented?
The ICAI implemented the CA New Scheme and Course on July 1, 2023. - Is CA’s new scheme applicable for May 2024?
The ICAI implemented the CA New scheme on July 1, 2023, and it will apply to the May 2024 tests. We recommend that all CA students with papers set for May 2024 seek to plan their studies accordingly. - Is Articleship reduced to 2 years?
Articleship tenure is decreased from 36 months to 24 months, however applying for CoP requires an extra 12 months of articleship.