ICAI's Strategic Shift: CA Exams to Occur Thrice Annually

The ICAI has announced that the CA final examinations will be conducted three times annually, starting in 2023, aligning with global best practices. This decision aims to provide greater opportunities for its extensive student base. The exams will now be held in January, May, and September.

The Institute of Chartered Accountants of India (ICAI) has announced a pivotal change in its examination schedule. The CA final examinations will now be conducted three times a year, in January, May, and September. This aligns the schedule with international best practices and offers students increased opportunities.

This decision follows last year's adjustment wherein ICAI introduced thrice-yearly examinations for the Intermediate and foundation courses. The move is set to benefit over 10 lakh students and around 4 lakh members, indicating a significant shift in the academic structure.

Furthermore, ICAI disclosed plans to hold the assessment test for the post-qualification course in Information Systems Audit thrice annually, with examinations scheduled for February, June, and October. Previously, this test was conducted twice a year.

(With inputs from agencies.)