Wednesday, July 22, 2015

ICAI Examination Dates for Novermber 2015 Announced

Institute of Chartered Accountants has recently announced the Exam Schedule for Novermber 2015 Examination of Chartered Accountant Course. The examination usually happens in the month of May and November 2015. The results for CA Final Examination for May 2015 is already out and of CA IPCC May 2015 is still awaited. To Check CA Final Results, click on below mentioned link:

CA Examination November 2015 Dates Announced

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


Wednesday, February 18, 2015

Union Bank of India Concurrent Auditor Empanelment

Union Bank of India invites applications from eligible/interested Firms /Companies for empanelment as Concurrent Auditors for conducting Concurrent Audit in the identified branches / offices for the period from 01.04.2015 to 31.03.2016.

ICAI Proposes New Scheme of Education and Training

Recently Institute of Chartered Accountants of India has published the New Scheme of Education and Training for Chartered Accountant Students. ICAI has also invited comments from Chartered Accountants, Students and Industry to give comment and suggestion on the new proposed CA Course. The said changes as per ICAI is necessary due to changes in Technology and Globalization.

Committee for Review of Education and Training (CRET) was formed in the year 2014, with a specific aim of formulating a new scheme for CA Education. It has formulated a New scheme and had invited comments for the same.

You can submit your response at

Below is the List of all you have to know about the proposed changes:


  • Changes in Nomenclature  of CA Course
The exams will have the same three-tier structure but will have new names i.e. Foundation, Intermediate and Final. 

  • Increase in number of Papers in Foundation i.e. erestwhile CPT 
Instead of 4 papers in CPT, there is an increase by 2 more papers i.e. General English and Business Communication. This move is quiet appreciable due to lack of writing and speaking skills, the industry complains in CA's

  • Not All Papers will be MCQ based in CPT
Another good change, due to MCQ type of pattern many students enter the course but are unable to crack the Intermediate Level (IPCC). By making only 2 papers MCQ and letting other papers as written, there will be a restriction on students who are not qualifies for the course.

  • Twelve Months Gap between Foundation (CPT) and Intermediate(IPCC)
The gap between CPT and IPCC will be increase by 3 more months.

  • Changes in Papers in Intermediate (IPCC)
Whereas in IPCC there will be 8 papers, due to Cost and Financial management being 2 separate papers from now on  and ITSM paper has been dropped and there will be a seperate paper of Indirect Tax and Direct Tax.

Also Business Law and Communication section has been dropped and Company law is now of full 60 marks.

  • Changes in Papers of Final
ISCA has been dropped (a sigh of relief for many students) and a new paper of Financial Services and Capital Market has been added to make CA's more competitive. Direct Tax will now include International Taxation, to make Chartered Accountant handle MNC and International Clients.

  • Students Can appear only after completing training
Now, students cannot appear in Final exams before completing training of 3 years. This will help them to have an uninterrupted practical training.



These courses will be merged and a new course in the name of Integrated Course on Information Technology and Soft Skills (ICITSS) will be started. The course will happen twice in the Education program one before starting Practical training and one in last 2 years of practical training in the name of AICITSS. Duration of course is 3 weeks.

Hope this article will help you to get all proposed changes at one place. In case of any query or mistake, feel free to comment or email us at

CA Students Stipend Rate Increased to Rs. 2000-3000

ICAI today on 23rd of January, 2015 has increased the stipend rate given by Chartered Accountants to their CA students from Rs. 1000 to Rs. 2000 in First Year and from Rs. 1500 to Rs. 3000 in last year. The notification was must awaited as the earlier stipend rates were very low and most of the Student demanded higher rates due to Increase of their Cost of Travel and Other Expenses.
ICAI training has been a very crucial process in the CA Students life. The Institute has always tried to revamp its training and course to make it suitable for today's Global Environment. The increase of stipend was necessary during the ICAI training period so that the students belonging to Low income group can use the money to pay for their traveling and other expenses during the training period.