CA Final Exam Pattern 2023: Marking Scheme, Mode, Weightage
The ICAI drafts and provides the CA Final exam pattern on its official website. Before starting to prepare for the CA Final exams 2023, students must check the exam pattern.
As per the ICAI CA Final exam pattern 2023, there are 8 papers divided into two groups, and each paper consists of 100 marks. So, the total marks for the CA Final exams are 800. As per the passing criteria, students need to get 40 marks on each paper and a total of 400 marks to clear the exams. There is no negative marking for incorrect answers.
Students will get both objective and subjective questions in the exams. Furthermore, the mode of the CA Final exams is offline, i.e., pen and paper-based and the duration are 3 hours.
In this article, you’ll know the CA Final exam pattern 2023 in detail. VSI Jaipur was the first to talk about amendments in the new exam patterns and helped students to achieve good marks. So, follow this page for future updates.
Table of Contents
CA Final Exam Pattern 2023: Overview
The table below mentions the CA Final exam pattern for the 2023 exams:
| Particulars | Details |
| Mode of exam | Pen & Paper based |
| Medium of exam | English & Hindi |
| Duration of exam | 3 hours for each paper |
| Number of Groups | 2 Groups |
| Types of questions | Both Objective & Subjective |
| Exam conducting body | Institute of Chartered Accountants of India (ICAI) |
| Total number of papers | Eight papers |
| Frequency | Twice a year (May & November) |
| Marking scheme | 100 marks on each paper |
| Negative marking | No negative marking for wrong answers |
CA Final is the last stage of the CA course in India. After completing their 2.5 years of articleship in CA Final Level, candidates then become eligible to appear for CA final exams. Exams are held two times a year – in the month of May and November.
Students preparing for the CA Final 2023 exams must be aware of the CA New syllabus that ICAI is going to implement in the near future. In this CA new scheme, the ICAI has made changes to the eligibility, registration, syllabus, exam pattern, exemptions and exit route.
Furthermore, ICAI releases the CA Final Result May 2023 on 5th July. Along with the result ICAI also releases the CA Final Pass Percentage or CA Final Toppers list. You can check the result from the mentioned link directly.
ICAI CA Final Exam Pattern for All Subjects
The Institute of Chartered Accountants follows a distinct exam pattern for the different subjects of the CA final level. Paper 3,4,7, and 8 follow the 30:70 assessment pattern while Paper 6 is an open book exam. The rest of the paper has a regular exam pattern.
CA Final Paper 1: Financial Reporting
- Maximum marks of the paper:100
- Exam duration: 3 hours
- Exam mode: English/Hindi
- Number of Questions asked: 5 need to be answered from six-question asked
- 30:70 assessment pattern: NA
- MCQ question paper pattern: NA
- Tips: working notes need to be part of the answers
Also Know: Strategy to Revise full Course of CA Final in One Month
CA Final Paper 2: Strategic Financial Management
- Maximum marks of the paper:100
- Exam duration: 3 hours
- Exam mode: English/Hindi
- Number of Questions asked: 5 need to be answered from six-question asked
- 30:70 assessment pattern: NA
- MCQ question paper pattern: NA
CA Final Paper 3: Advanced Auditing and Professional Ethics
- Maximum marks of the paper:100
- The question paper is in 2 parts: 1 part is MCQ for 30 marks and the 2nd part is for descriptive answers
- Exam duration: 3 hours
- Exam mode: English/Hindi
- Number of Questions asked: IN MCQ pattern 30 question asked and in part 2, 5 need to be answered from six-question asked
- 30:70 assessment pattern: Applicable
- MCQ question paper pattern: 1)OMR sheets need to be filled and submitted to the invigilator.2) We should give MCQ answers only by filling the OMR sheet.3)Negative marking applies to MCQ answers
CA Final Paper 4: Corporate and Allied Laws
- Maximum marks of the paper:100
- The question paper is in 2 parts: 1 part is MCQ for 30 marks and the 2nd part is for descriptive answers
- Exam duration: 3 hours
- Exam mode: English/Hindi
- Number of Questions asked: IN MCQ pattern 30 question asked and in part 2, 5 need to be answered from six-question asked
- 30:70 assessment pattern: Applicable
- MCQ question paper pattern: 1)OMR sheets need to be filled and submitted to the invigilator.2) We should give MCQ answers only by filling the OMR sheet.3)Negative marking applies to MCQ answers,
- Tips: Questions will be only according to the 2022-2023 assessment year
Also know: Where to Join CA Final Coaching?
CA Final Paper 5: Strategic Cost Management and Performance Evaluation
- Maximum marks of the paper:100
- Exam duration: 3 hours
- Exam mode: English/Hindi
- Number of Questions asked: 5 need to be answered from six-question asked
- 30:70 assessment pattern: NA
- MCQ question paper pattern: NA
CA Final Paper 6A: Risk Management
- Maximum marks of the paper:100
- Every question is in 2 parts: 1 part is MCQ for 10 marks along with the descriptive answer for case studies.
- Exam duration: 4 hours
- Exam mode: English/Hindi
- Number of Questions asked: IN MCQ pattern 30 question asked and in part 2, 4 need to be answered from five-question asked
- 30:70 assessment pattern: Applicable
- MCQ question paper pattern: 1)OMR sheets need to be filled and submitted to the invigilator.2) We should give MCQ answers only by filling the OMR sheet.3)Negative marking applies to MCQ answers,
- Tips: candidate can use calculators
CA Final Paper 6B: Financial Services and Capital Markets
- Maximum marks of the paper:100
- Every question is in 2 parts: 1 part is MCQ for 10 marks along with the descriptive answer for case studies.
- Exam duration: 4 hours
- Exam mode: English/Hindi
- Number of Questions asked: IN MCQ pattern 30 question asked and in part 2, 4 need to be answered from five-question asked
- 30:70 assessment pattern: Applicable
- MCQ question paper pattern: 1)OMR sheets need to be filled and submitted to the invigilator.2) We should give MCQ answers only by filling the OMR sheet.3)Negative marking applies to MCQ answers,
- Tips: candidate can use calculators
CA Final Paper 6C: International Taxation
- Maximum marks of the paper:100
- Every question is in 2 parts: 1 part is MCQ for 10 marks along with the descriptive answer for case studies.
- Exam duration: 4 hours
- Exam mode: English/Hindi
- Number of Questions asked: IN MCQ pattern 30 question asked and in part 2, 4 need to be answered from five-question asked
- 30:70 assessment pattern: Applicable
- MCQ question paper pattern: 1)OMR sheets need to be filled and submitted to the invigilator.2) We should give MCQ answers only by filling the OMR sheet.3)Negative marking applies to MCQ answers,
- Tips: candidate can use calculators
- Tips: Questions will be only according to the 2022-2023 assessment year
CA Final Paper 6D: Economic Laws
- Maximum marks of the paper:100
- Every question is in 2 parts: 1 part is MCQ for 10 marks along with the descriptive answer for case studies.
- Exam duration: 4 hours
- Exam mode: English/Hindi
- Number of Questions asked: IN MCQ pattern 30 question asked and in part 2, 4 need to be answered from five-question asked
- 30:70 assessment pattern: Applicable
- MCQ question paper pattern: 1)OMR sheets need to be filled and submitted to the invigilator.2) We should give MCQ answers only by filling the OMR sheet.3)Negative marking applies to MCQ answers,
- Tips: Questions will be only according to the 2022-2023 assessment year
CA Final Paper 6E: Global Financial Reporting Standards
- Maximum marks of the paper:100
- Every question is in 2 parts: 1 part is MCQ for 10 marks along with the descriptive answer for case studies.
- Exam duration: 4 hours
- Exam mode: English/Hindi
- Number of Questions asked: IN MCQ pattern 30 question asked and in part 2, 4 need to be answered from five-question asked
- 30:70 assessment pattern: Applicable
- MCQ question paper pattern: 1)OMR sheets need to be filled and submitted to the invigilator.2) We should give MCQ answers only by filling the OMR sheet.3)Negative marking applies to MCQ answers,
- Tips: Questions will be only according to the 2022-2023 assessment year
CA Final Paper 6F: Multidisciplinary Case Study
- Maximum marks of the paper:100
- Every question is in 2 parts: 1 part is MCQ for 10 marks along with the descriptive answer for case studies.
- Exam duration: 4 hours
- Exam mode: English/Hindi
- Number of Questions asked: IN MCQ pattern 30 question asked and in part 2, 4 need to be answered from five-question asked
- 30:70 assessment pattern: Applicable
- MCQ question paper pattern: 1)OMR sheets need to be filled and submitted to the invigilator.2) We should give MCQ answers only by filling the OMR sheet.3)Negative marking applies to MCQ answers,
- Tips: candidate can use calculators
CA Final Paper 7: Direct Tax Laws and International Taxation
- Maximum marks of the paper:100
- The question paper is in 2 parts: 1 part is MCQ for 30 marks and the 2nd part is for descriptive answers
- Exam duration: 3 hours
- Exam mode: English/Hindi
- Number of Questions asked: IN MCQ pattern 30 question asked and in part 2, 5 need to be answered from six-question asked
- 30:70 assessment pattern: Applicable
- MCQ question paper pattern: 1)OMR sheets need to be filled and submitted to the invigilator.2) We should give MCQ answers only by filling the OMR sheet.3)Negative marking applies to MCQ answers,
- Tips: Questions will be only according to the 2022-2023 assessment year
CA Final Paper 8: Indirect Tax Laws
- Maximum marks of the paper:100
- The question paper is in 2 parts: 1 part is MCQ for 30 marks and the 2nd part is for descriptive answers
- Exam duration: 3 hours
- Exam mode: English/Hindi
- Number of Questions asked: In the MCQ pattern 30 questions asked and in part 2, 5 need to be answered from six-question asked
- 30:70 assessment pattern: Applicable
- MCQ question paper pattern: 1)OMR sheets need to be filled and submitted to the invigilator.2) We should give MCQ answers only by filling the OMR sheet.3)Negative marking applies to MCQ answers,
- Tips: Questions will be only according to the 2022 assessment year
Also know: सीए फाइनल कोर्स की पूरी जानकारी ( CA Final Course Guide in Hindi)
Skills-wise Distribution in CA Final Papers
| Paper | Level I
Comprehension and Knowledge |
Level II
Application |
Level III
Evaluation and Synthesis |
|---|---|---|---|
| Paper 1 Financial Reporting | 5%-15% | 60%-85% | 10%-25% |
| Paper 2 Strategic Financial Management | 10%-20% | 20%-40% | 50%-60% |
| Paper 3 Advanced Auditing and Professional Ethics | 20%-35% | 45%-70% | 10%-20% |
| Paper 4 Part I: Corporate Laws | 10%-20% | 60%-70% | 15%-25% |
| Paper 4 Part II: Economic Laws | 40%-60% | 40%-60% | |
| Paper 5: Strategic Cost Management and Performance Evaluation | 10%-15% | 45%-55% | 35%-40% |
| Paper 7 Part I: Direct Tax Laws | 5%-10% | 60%-80% | 15%-30% |
| Paper 7: Part II: International Taxation | 15%-25% | 75%-85% | |
| Paper 8: Indirect Tax Laws | |||
| Part I: Goods and Service Tax | 10%-30% | 40%-70% | 20%-30% |
| Part II: Customs & FTP | 20%-40% | 40%-70% | 10%-20% |
Check Detailed Marks Distribution for all CA Final Subjects (under the new scheme)
CA Final Paper Pattern 2023
CA Final Marking Scheme & Passing Criteria
According to the new ICAI exam pattern, the passing criteria and marking scheme are as follows:-
- Each paper in the exam will be of a maximum of 100 marks according to the new pattern of CA final 2023.
- For clearing the group it is mandatory for the applicants to score at least forty per cent marks in every subject.
- According to the CA final exam 2023, no negative marking will be there.
- The new pattern of the CA final exam states that at least fifty per cent of marks in aggregate are required.
- Applicants who score more than sixty per cent marks in any of the papers can claim the exemption in the final exam of CA.
Check more details about the CA Final results, like release date, passing criteria, topper’s list and statement of marks, through the given link.
Medium & Mode of CA Final Exams
According to the new pattern for the CA Final exam in all the centres, the exam will get conducted in pen-paper(offline) mode. In both English and Hindi languages, the applicants can give their exams.
Students can choose the language while filing the CA Final exam form Nov2023.
Duration of CA Final Exam
Applicants will be provided 3 hrs. duration for every paper in CA final 2023 according to the new exam pattern. In addition to these 15 minutes, extra are also provided to applicants for reading the paper.
The CA Final exam dates can tentitively be released in last week of October for the Nov 2023 exams. Students must check the timetable and prepare accordingly for the exams.
CA Final Syllabus
All the subjects are included in CA final 2023 syllabus. Applicants can prepare for CA final 2023 after referring to the syllabus which is there on its official website. According to the new syllabus for the Final CA exam 2023, May 2024 applicants can appear.
CA Final Preparation Tips for Nov 2023
All applicants must follow the essential tips when they prepare for CA Final Exam 2023. Some Preparation tips suggested by experts are listed below:-
- After you register for the CA final 2023 you must then refer to the institute’s study material.
- In the last 2 months of your preparation, you must regularly solve CA Final papers including past year papers, mock test papers and revision test papers.
- For understanding the new pattern for CA final 2023 exam we advise applicants to visit the official ICAI website and solve the important model test papers.
- Much importance to the CA final 2023 practical part must be given by the applicants.
Students should download the CA Final 2023 admit card early as it is released to avoid last-minute inconvenience. Also, take the photo copies of the admit card as it can be downloaded for only 3 times.
You must read the following article if you are aspiring for the CA Final Law Paper 2023. This article mainly includes updated Mock Test series, Completely updated Syllabus, Revision Test Papers, and ICAI Study Material. Complete lectures for making your CA Final preparation better are provided by the Jaipur’s VSI Institute. It is the best place that one can ask for in Jaipur which provides pen drive classes too. The VSI team wishes good wishes to all the CA Final aspirants. The institute suggests that one should study hard while being at home safely.
Also Know: How to get rank in CA Final Examination in 3 Months?
FAQ’s
Q 1. What are the exam dates for the CA Final Nov 2023 exams?
Ans. The CA Final exam dates for the Nov 2023 exams maybe held in the first half of the November.
Q 2. Is ICAI study material enough in CA Final Preparation?
Ans. For cracking the CA Final exam, the study material provided by ICAI is ample and sufficient. To score high marks in the exams, one must go through this material completely.
Q 3. How many attempts do I have for the CA Final exams?
Ans. Students have 10 attempts or 5 years after registration to clear the CA Final exams. Afterwards, they can also re-validate their registration.