Tuesday, July 7, 2015

New Revised Scheme of Education and Training ICAI

Institute of Chartered Accountants of India has recently issued the new  training program and Education scheme for students and has asked Members & Students for their comments and suggestions. After considering all the suggestions a final scheme has been prepared by ICAI for the students willing to undergo CA course and achieve prestigious ICAI membership. The scheme has been published by ICAI and will officially come into affect after publishing it in Official Gazette. Till then the old scheme will continue for all the new students registering for the course.
 
Below is the Full scheme for Training and Education as decided by ICAI
ICAI Revised Scheme of Education and Training

STEPS TO QUALIFY CHARTERED ACCOUNTANT COURSE FOR NON-DIRECT ENTRY STUDENTS

1. Register with Board of Studies after appearing in class XII.

2. Appear in Foundation Program (Earlier known as CPT) after passing class XII exam.
 
3. Register for Intermediate (Earlier Known as IPCC) after passing Foundation.
 
4. Appear and pass either or both groups of Intermeidate, after completing 8 months study period.
 
5. Complete 4 weeks Integrated Course on Information Technology and Soft Skills (ICITSS).
 
6. Register and Start 3 years of Practical Training under a Chartered Accountant.
 
7. Register for Final after passing both groups of Intermediate.
 
8. Complete practical training and Advanced ICITSS

9. Appear and pass Final

10. Apply for Membership

STEPS TO QUALIFY CHARTERED ACCOUNTANT COURSE FOR DIRECT ENTRY STUDENTS 

1. Applicable for Graduates/Post Graduates with 55% marks in Commerce or for else 60% and Intermediate Qualified Cost Accountants or Company Sectary Students

2. Intermediate Qualified Students of ICSI and ICAI (Cost Accountants) directly register for Intermediate course and start from Step 3 of above list

3. For Graduates/Post Graduates register and complete 4 Week ICITSS

4. Register for 3 years training and complete 9 months training and then appear in Intermediate Examination
 
5. After completing Intermediate Examination start from step 7 above.


CHANGES IN SUBJECTS OF ICAI COURSES

FOUNDATION COURSE (EARLIER KNOWN AS CPT) 

A mixture of Subjective and Objective paper will be started. Only paper 2 and 4 will be objective.
 
Paper 1: Principles and Practices of Accounting (100 marks)
Paper 2: Business Mathematics and Logical Reasoning (60 makrs) & Statistics (40 marks) 
Paper 3: Mercantile Law (60 marks) & General English (40 makrs)
Paper 4: Business Economics (60 marks) and Business and Commercial Knowledge (40 marks)

Students can only appear after passing Class XII examination. Paper will of 400 marks and passing marks would be overall 50 % and 40% for each subject.


INTERMEDIATE (EARLIER KNOWN AS IPCC)

A total of 8 papers will have to be studied, divided into 2 groups of 4 paper each.

GROUP 1-
Paper 1: Accounting (100 marks)
Paper 2: Corporate Law (60 marks) Other Laws (40 marks)
Paper 3: Cost Accounting (100 marks)
Paper 4: Direct Tax (60 marks) and Indirect Tax (40 marks)

GROUP 2-
Paper 1: Advanced Accounting (100 marks)
Paper 2: Audit and Assurance (100 marks)
Paper 3: Financial Management (60 marks) and Business Economic Environment (40 marks)
Paper 4: Information Technology (60 marks) and Strategic Management (40 marks)


FINAL COURSE


A total of 8 papers will have to be studied, divided into 2 groups of 4 paper each.

GROUP 1-
Paper1: Financial Reporting (100 marks) 
Paper 2: Strategic Financial Management (100 marks)
Paper 3: Advanced Auditing and Professional Ethics (100 marks)
Paper 4: Corporate Laws and Other Economic Laws (100 marks)

GROUP 2
Paper 1:  Advanced Management Accounting (100 marks)
Paper 2: Financial Service and Capital Market (50 marks) and Information System Control  and Audit (50 marks)
Paper 3: Advanced Direct Tax laws (70 marks) and International Taxation (30 marks)
Paper 4: Advanced Indirect Tax Laws (100 marks)

 

ICITSS (INTEGRATED COURSE ON INFORMATION TECHNOLOGY AND SOFT SKILLS)

  • 2 weeks of soft skills and 2 weeks of IT training
  • To be started before starting 3 years practical training
  • Assessment test after the completion of course.

PRACTICAL TRAINING

  • Duration of 3 years
  • Commencement after passing both groups and ICITSS 
  • Commencement For Direct Entry after completing ICITSS

AICITSS (ADVANCED INTEGRATED COURSE ON INFORMATION TECHNOLOGY AND SOFT SKILLS)

  •  2 weeks of soft skills and 2 weeks of IT training
  • To be started in last 2 years practical training and before appearing in Final Examination.

 



Get Free Updates in your Inbox
Follow us on:
facebook twitter gplus

43 comments:

  1. This is a great inspiring article.I am pretty much pleased with your good work.You put really very helpful information. Keep it up. Keep blogging. Looking to reading your next post. тренинги в Киеве

    ReplyDelete
  2. It is a great website.. The Design looks very good.. Keep working like that!. nd centre

    ReplyDelete
  3. A definitive point of creating confidence components is to furnish the person with important working apparatuses to oversee and handle the theoretical or viable issues of life, either, huge or little, straightforward or mind boggling, free or interlinked, a couple or many, with grit and solidness.FinQuiz

    ReplyDelete
  4. Post your CV and motivation letter using first class mail, in an A4 envelop so they are not folded, and never send a copy, always an original. motivation letter writing

    ReplyDelete
  5. It's very difficult to stumble upon the right essay service for your college needs. That's why reddit lovers prefer best essay writing service reddit

    ReplyDelete
  6. Education will assist graduates to become happy and fulfilled in life if it is structured to facilitate the optimum development of their minds. video to mp4

    ReplyDelete
  7. During this website, you will see this shape, i highly recommend you learn this review.
    tutlance.com

    ReplyDelete
  8. Thank you very much for keep this information. Xi Class Admission

    ReplyDelete
  9. Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic. If possible, as you gain expertise, would you mind updating your blog with extra information? It is extremely helpful for me. Daniel Negreanu MasterClass Review

    ReplyDelete
  10. Aspects and concerns such as the hacker attack cycle and 7 steps of cyber attacks. cyber security training in hyderabad

    ReplyDelete
  11. This is my first time i visit here. I found so many interesting stuff in your blog especially its discussion. From the tons of comments on your articles, I guess I am not the only one having all the enjoyment here keep up the good work dissertation writing services

    ReplyDelete
  12. Directly from assembling to the stockrooms, these forklifts assume a prevalent job in the development of crude materials or completed merchandise.Go right here

    ReplyDelete
  13. Should the value of your properties appreciate, it may be sold to obtain capital gains. Investing in property has its risks too as the property market may fluctuate in the future and you may not be able to get the selling price you hope for. education planning

    ReplyDelete
  14. At the point when we state this, it mirrors the very necessities over the way of life that permit everybody become mindful towards quality upgrade. capstone paper writing service

    ReplyDelete
  15. This sort of study with a focus on personal/psychological aspects of learning is not just about social objectives and objectives within educational systems but also about personal goals and objectives and the psychological processes involved in learning. https://sanjoaquinmagazine.com/2017/06/supplements-for-success/

    ReplyDelete
  16. Or maybe, one would simply carry a flyswatter to deal with a fly. At the end of the day, on the off chance that a child's inability can be managed in the local school, at that point the child doesn't need to be sent across town or even to another town's exceptional school.
    https://wordigg.com/words-start-with-u

    ReplyDelete
  17. I don't accept numerous teachers deliberately think about the need to make a change from filling in as an educator to working as an instructor. At the point when somebody is recruited to show a class, somebody other than a conventional school educator, they regularly learn through training and time what functions admirably in the homeroom.IEP Dyslexia

    ReplyDelete
  18. Today's content is being outsourced, but employing the best article writing service can make all the difference Essay Writing Service

    ReplyDelete
  19. Through a forum on education, we can agree to: Strengthening the relationship between higher education and Assignment Help society will require a broad-based effort that encompasses all of education, not just individual institutions, departments and associations.

    ReplyDelete
  20. Outstanding teachers possess and exhibit many exemplary qualities. They have the skills, subject matter, and pedagogy to reach every child. http://statisticsguruonline.com/difference-between-descriptive-and-inferential/


    ReplyDelete
  21. Also, in 1965, Lyndon B. Johnson marked the Rudimentary and Optional Education Act, which gave financing to essential education, and is seen by promotion bunches as extending admittance to government funded education for youngsters with inabilities.University

    ReplyDelete
  22. Worth Education is the much discussed a lot subject in the plenty of instruction in India. Obviously the facts demonstrate that the primary reason for any instruction will go with Value direction. More focus on Value training has been given at the essential and optional degree of school instruction than in advanced education in India. Qualities could be successfully bestowed to the youthful personalities as opposed to the developed ones. It could be the significant explanation behind this prime significance given at the school level. There are countless modules planned with the assistance of organizations like NCERT and others for adequately giving the worth training to the school understudies. In this specific situation, numerous creative instructive practices are being distinguished by the specialists. Great number of tests and studies are being led in the new days on the adequacy of showing esteem instruction at school level. A few schools have extremely imaginative and revolutionary course plans to grant the qualities.




    tabere internationale

    ReplyDelete
  23. Cramming in information a few days before the test can just create more stress which can hinder performance during the exam. Tamil Nadu SSLC Model Paper 2021

    ReplyDelete
  24. The State Government of Maharashtra is now leveraging technology to offer efficient services to all its employees. To pull this off successfully, they have introduced the Sevaarth Mahakosh portal Maharashtra Employee payslip Download from where employees can access vital information without having to move a muscle. This portal is designed and developed by the National Securities Depository Limited (NSDL) department, thus making sure state employees get up to date services hassle-free. In their quest to go paperless, the State Government of Maharashtra offers a wide range of services through the Sevaarth Mahakosh. Among the most notable services employees can enjoy include, salary slip download, pension payslip, GPF Group-D, loans, and advances to mention a few. If you are looking forward to downloading the Maharashtra employee salary slip but have no idea where to start, then you have certainly come to the right place. Read on to find out more.

    ReplyDelete
  25. As verified by Xiaoxia, Heeju, Nicci and Stone (2010) the elements that add to the issues of instructor education and educator maintenance are changed and complex, yet one factor that educator instructors are worried about is the elective pathways through which educator education happen. SEO no cure no pay

    ReplyDelete
  26. Alongside worldwide education, improvement education, harmony education, citizenship education, basic freedoms education, and multicultural and against bigoted education that have all been critical, ecological education has been especially huge. sri chaitanya cbse school near me

    ReplyDelete
  27. Often, the difference between a student who might achieve a B-Grade and the A-Grade student was some well-placed advice and direction. article

    ReplyDelete
  28. "For and Against" Essays, Opinion Essays, Providing Solutions to Problems and Letters to the Editor. Though each type of an essay has its own style and writing technique, at the same time all of them have lots of common features and one writing scheme. pay for essay reddit

    ReplyDelete
  29. All things being equal, in spite of the fact that Itard neglected to standardize Victor, the wild kid of Averyon, he created sensational changes in Victor's conduct through education. parts of an informative essay

    ReplyDelete
  30. SBI eLearning portal, so use SBI HRMS login user-id and password for successful login to e learning page and to access the features. State bank of India platform for learning about new changes and updates is called State Bank of India Gyanodaya e Learning which is free to access to any SBI employee. sbi gyanodaya Previously it was mandatory for all the employees to complete certification but now the certification has been made to maximum of one for every employee.

    ReplyDelete
  31. Class Book 2021 Pdf Download for Textbook / eBook / Pdf Book / Audio Book / Video Book as NCERT Book 2021, Digital Content at Model Paper The Upper Primary Education Class 6th Standard subject wise latest version of textbooks are designed and published under the National Council of Educational Research and Training for all central education board student studying at CBSE, CISCE, IB, JNV, KVS, and other schools working at all State’s or Union Terroratary’s of the country for the academic session of 2021-2022.

    ReplyDelete
  32. This was another beneficial thing in light of the fact that preceding government enactment, guardians needed to generally teach their youngsters at home or pay for costly private schooling. military school for boy

    ReplyDelete
  33. High School and Intermediate Education Board The Uttar Pradesh State Government Administered Autonomous Examining Authority for the Standard 10th Examination of Uttar Pradesh is headquartered in Prayagraj, India. Uttar Pradesh 10th Model Paper 2022 The UP Board will be conducting the High School Public Exam 2022 very soon, and the UPMSP 10th Date Sheet 2022 Pdf for Hindi and English Medium is available on the official website.

    ReplyDelete


  34. Nice post. I used to be checking constantly this blog and I am impressed! Extremely useful info particularly the ultimate section 🙂 I take care of such information a lot. I was seeking this certain information for a long time. Thank you and best of luck.
    the immortals of meluha pdf, BOOKS PDF DOWNLOAD

    ReplyDelete

  35. Hey friend, it is very well written article, thank you for the valuable and useful information you provide in this post. Keep up the good work! FYI, please check these depression, stress and anxiety related articles:
    Essay on Neeraj Chopra , The Beautiful Sky Book review

    ReplyDelete
  36. Today, this decision may not appear to be a triumph, and in actuality, this equivalent inquiry is indeed flowing through our courts today in 2017. Notwithstanding, since its getting late period it was made in, it was a triumph since it said specialized curriculum understudies couldn't go through our educational system without picking up anything. best play school in hyderabad

    ReplyDelete
  37. Today, this sort of treatment is clearly inadmissible. What's more, in the early piece of the twentieth Century it was additionally unsatisfactory to a portion of the grown-ups, particularly the guardians of these debilitated kids.Bitrss best cryptocurrency investment

    ReplyDelete