Download ICAI New Scheme 2023 PDF
You can download the ICAI New Scheme 2023 PDF for free using the direct download link given at the bottom of this article.
| File name | ICAI New Scheme 2023 PDF |
| No. of Pages | 17 |
| File size | 1.9 MB |
| Date Added | June 27, 2023 |
| Category | Education & Jobs |
| Language | Hindi |
| Source/Credits | Drive Files |
ICAI New Scheme Summary
The ICAI New Scheme refers to the revised curriculum and examination pattern introduced by the Institute of Chartered Accountants of India (ICAI). The new scheme aims to align the chartered accountancy course with international standards and equip aspiring chartered accountants with the necessary knowledge and skills to meet the evolving demands of the profession.
Under the ICAI New Scheme, the chartered accountancy course is divided into three levels:
- Foundation Course: This is the entry-level course for students who have completed their 10+2 education. It comprises four papers covering subjects like Principles and Practices of Accounting, Business Laws and Business Correspondence and Reporting, Business Mathematics and Logical Reasoning & Statistics, and Business Economics and Business and Commercial Knowledge.
- Intermediate Course: After completing the Foundation Course, students can register for the Intermediate Course. It is further divided into two groups. Group I consists of subjects such as Accounting, Corporate and Other Laws, Cost and Management Accounting, and Taxation. Group II covers Advanced Accounting, Auditing and Assurance, Enterprise Information Systems and Strategic Management, and Financial Management and Economics for Finance.
- Final Course: Upon clearing the Intermediate Course, students can enroll in the Final Course. Similar to the Intermediate level, the Final Course is also divided into two groups. Group I covers subjects like Financial Reporting, Strategic Financial Management, Advanced Auditing and Professional Ethics, and Corporate and Economic Laws. Group II includes Strategic Cost Management and Performance Evaluation, Elective Paper, Direct Tax Laws and International Taxation, and Indirect Tax Laws.
The ICAI New Scheme emphasizes practical training and encourages students to undergo Articleship Training for a specified period under the guidance of a practicing chartered accountant. Additionally, students are required to complete a series of online and offline assessments throughout the course to test their understanding and application of the concepts.
The revised scheme also introduces elective papers at the Final Course level, allowing students to specialize in areas of their interest, such as Risk Management, International Taxation, Financial Services and Capital Markets, and others.
The ICAI New Scheme aims to produce well-rounded chartered accountants who possess not only theoretical knowledge but also practical skills, professional ethics, and a global perspective. It provides a structured pathway for students to embark on their journey to become successful chartered accountants and contribute to the finance and business sectors.
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