ICAI will Soon Notify about the CA New Scheme 2023

ICAI has approved the new CA course. Students can get an official notification in the following 10 -15 days from ICAI.

In the new course, ICAI reduced  the CA articleship period from  3 to 2 years and made changes  in syllabus from all three levels.

The new CA course will be implemented from May 2024 attempt.

2 out of 6 subjects are removed which are :   1. Business Correspondence &      Reporting  2. Business & Commercial     Knowledge.

1. Papers 1 & 5 are merged into    1st Paper (Advanced        Accounting)

2. Papers 7 & 8 are merged into    Paper 6

If students got an exemption in one paper, it will be permanent for future attempts.

Impact on CA Intermedite Exemption

CA Articleship

Duration - 3 to 2 years. Stipend - 100% increment. Leaves - 1/7th period to 24 Days.

ICAI Self-paced Modules

4 self-paced modules are added by ICAI in CA's new scheme. Students have to study them on their own & give online exams.

CA Final Syllabus in New Scheme

In the new CA course, the count of papers reduces from 8 to 6. However, the exemption will be permanent for future attempts.

Exit Route

Students will now receive the certificate of Business Accounting Associate. After the completion of CA Inter exams, training, & 4 modules.

Check out the full details of the ICAI CA new scheme from the given link.