Exemption(s) from appearing in paper(s) or Group of Chartered Accountancy Examinations under the New Scheme ofEducation and Training w.e.f. May 2024 Examination

News & Updates Leave a comment

Hello Dear CA Students,

We are Sharing With You Exemption(s) from appearing in paper(s) or Group of Chartered Accountancy Examinations under the New Scheme of Education and Training w.e.f. May 2024 Examination

So kindly Check Out our http://www.castudynotes.com website and ALL the Best for Your upcoming Exams.

CA STUDY NOTES

ANNOUNCEMENT

24th August 2023

Exemption(s) from appearing in paper(s) or Group of Chartered Accountancy Examinations under the New Scheme of Education and Training w.e.f. May 2024 Examination

New Scheme of Education and Training of the Institute of Chartered Accountants of India has been implemented with effect from 1st July 2023. The examination at Intermediate and Final levels under the New Scheme of Education and Training will be held with effect from May 2024 Examination.

The Council of the Institute has decided to grant exemptions under New Syllabus approved by it for Intermediate Examination (under sub-regulation (4) of regulation 28G of the Chartered Accountants Regulations, 1988) and for Final Examination (under clause (v) of regulation 31 of the Chartered Accountants Regulations, 1988) to existing students for papers passed by them under the Old/Existing Scheme as follows: –

Final Examination:

  1. Paper-wise exemption on the basis of securing sixty per cent or more marks:

The Council decided (under sub-regulation (5) of regulation 38D of the Chartered Accountants Regulations, 1988) to continue to award exemption in a paper or papers to a candidate, granted earlier under Old/Existing Scheme (by virtue of having secured a minimum of sixty percent marks in one or more papers in a Group/s as per the existing criteria for grant of exemption), for the unexpired chance(s) of the exemption in the corresponding paper(s) approved by the Council under New Scheme as given below:

Paper(s) under Existing Scheme

Corresponding paper(s) under New Scheme

Paper 1: Financial Reporting

Paper 1: Financial Reporting

Paper 2: Strategic Financial Management

Paper 2: Advanced Financial Management

Paper 3: Advanced Auditing and Professional Ethics

Paper 3: Advanced Auditing, Assurance and Professional Ethics

Paper 4: Corporate and Economic Laws

Self-Paced Online Module SET A: Corporate and Economic Laws

Paper 5: Strategic Cost Management and Performance Evaluation

Self-Paced Online Module SET B: Strategic Cost & Performance Management

Paper 6: Elective Paper

Paper 6: Integrated Business Solutions

Paper 7: Direct Tax Laws and International Taxation

Paper 4: Direct Tax Laws & International Taxation

Paper 8: Indirect Tax Laws

Paper 5: Indirect Tax Laws

Details of papers/ group in which candidates are required to appear and pass in Final Examination under New Scheme:

The Council decided that a candidate who has passed in any one but not in both the groups of the Final Examination under Existing Scheme shall be eligible for exemption in that particular group and shall be required to appear and pass in the remaining group / paper(s) in order to pass the Final Examination under New Scheme as given below:

Group passed under Existing Scheme

Papers passed under Existing Scheme

Corresponding exemption under New Scheme

Papers required to be passed under New Scheme

Group-I

Paper 1: Financial Reporting

Paper 1: Financial Reporting

Paper 4: Direct Tax Laws & International Taxation

Paper 5: Indirect Tax Laws

Paper 6: Integrated Business Solutions

Self-Paced Online Module SET B: Strategic Cost & Performance Management*

Paper 2: Strategic Financial Management

Paper 2: Advanced Financial Management

Paper 3: Advanced Auditing and Professional Ethics

Paper 3: Advanced Auditing, Assurance and Professional Ethics

Paper 4: Corporate and Economic Laws

Self-Paced Online Module SET A: Corporate and Economic Laws

Group-II

Paper 5: Strategic Cost Management and Performance Evaluation

Self-Paced Online Module SET B: Strategic Cost & Performance Management

Paper 1: Financial Reporting

Paper 2: Advanced Financial Management

Paper 3: Advanced Auditing, Assurance and Professional Ethics

Self-Paced Online Module SET A: Corporate and Economic Laws*

Paper 6: Elective Paper

Paper 6: Integrated Business Solutions

Paper 7: Direct Tax Laws and International Taxation

Paper 4: Direct Tax Laws & International Taxation

Paper 8: Indirect Tax Laws

Paper 5: Indirect Tax Laws

* Final Course Students appearing in May 2024 Examination under New Scheme may qualify Self-Paced Online Modules, as applicable, after passing May 2024 Examination but before applying for membership. Thereafter, the candidate would be eligible for subsequent examination only after qualifying Self-Paced Online Modules, as applicable.

Students who have appeared in Final Old/ Existing Scheme and converting to Final New Scheme are exempted from appearance in Self-Paced Online Module SET C and SET D.

Intermediate Examination:

  1. Paper-wise exemption on the basis of securing sixty per cent or more marks:

The Council decided (under sub-regulation (7) of regulation 37D of the Chartered Accountants Regulations, 1988) to continue to award exemption in a paper or papers to a candidate, granted earlier under Old/Existing Scheme (by virtue of having secured a minimum of sixty percent marks in one or more papers in a Group/s as per the existing criteria for grant of exemption), for the unexpired chance(s) of the exemption in the corresponding paper(s) approved by the Council under New Scheme as given below:

Paper(s) under Existing Scheme

Corresponding paper(s) under New Scheme

Paper 1: Accounting

Paper 1: Advanced Accounting

Paper 2: Corporate and Other Laws

Paper 2: Corporate and Other Laws

Paper 3: Cost and Management Accounting

Paper 4: Cost and Management Accounting

Paper 4: Taxation

Paper 3: Taxation

Paper 5: Advanced Accounting

Paper 1: Advanced Accounting

Paper 6: Auditing and Assurance

Paper 5: Auditing and Ethics

Paper 7: Enterprise Information Systems & Strategic Management

Paper 6: Financial Management and Strategic Management

Paper 8: Financial Management & Economics for Finance

Paper 6: Financial Management and Strategic Management

Details of paper/unit/group in which candidates are required to appear and pass in Intermediate Examination under New Scheme:

The Council also approved the “Unit” Scheme for those candidates who had completed one of the Groups under the erstwhile Intermediate Examination under the syllabus as specified in paragraph 2A of Schedule B to the Chartered Accountants Regulations, 1988 (held in November 1994 or thereafter) or Professional Education (Examination II) or Professional Competence Examination (PCE), or Intermediate (Professional Competence) Examination, or Integrated Professional Competence Examination or Intermediate (IPC) Examination or Intermediate Examination and are desirous of completing the Intermediate Course (New) Syllabus as given below:

Scenario

Details of paper/unit/group passed

Papers passed under Old/Existing Scheme

Corresponding exemption under New Scheme

Papers required to be passed under New Scheme at Intermediate

Self-Paced Online Modules to be passed before appearing in Final Examination

I

Group-I passed in

Paper 1: Advanced

Group I Paper 1:

Unit 1

SET A: Corporate

Intermediate under

Accounting/

Advanced

and Economic

Paragraph 2A of Schedule

Accounting

Accounting

Group I Paper 3:

Laws

‘B’ (i.e. November 1994

Taxation

or later) or Professional

Paper 2: Auditing/ Auditing and Assurance

Group II Paper 5: Auditing and Ethics

SET B: Strategic

Education Examination–II

Group II Paper 4:

Cost &

or Professional

Cost and

Performance

Competence Examination

Management

Management

Paper 3: Corporate

Group I Paper 2:

Accounting

and Other Laws/

Corporate and

SET C:

Business and

Other Laws

Group II Paper 6:

Specialization

Corporate Laws/

Financial

(elective)

Law, Ethics and

Management and

Communication

Strategic

and

Management

SET D: Multi-

disciplinary

(elective)

IIA

Group-I passed in

Paper 1: Advanced

Group I Paper 1:

Unit 1A

SET A: Corporate

Intermediate under

Accounting/

Advanced

and Economic

Paragraph 2A of

Accounting

Accounting

Group I Paper 3:

Laws

Schedule ‘B’ (i.e.

Taxation

November 1994 or later)

Paper 2: Auditing/ Auditing and Assurance

Group II Paper 5: Auditing and Ethics

SET B: Strategic

or Professional Education

Group II Paper 4:

Cost &

Examination–II or

Cost and

Performance

Professional Competence

Management

Management

Examination and

Paper 3: Corporate

Group I Paper 2:

Accounting

subsequently passed

and Other Laws/

Corporate and

SET C:

Unit 6 in Integrated

Business and

Other Laws

Specialization

Professional Competence

Corporate Laws/

(elective)

Examination/

Law, Ethics and

Intermediate (Integrated Professional Competence) Examination

Communication

and

SET D: Multi- disciplinary (elective)

Paper 7: Information Technology and Strategic Management

Group II Paper 6: Financial Management and Strategic Management

IIB

Group-I passed in

Paper 1: Advanced

Group I Paper 1:

Unit 1A

SET A: Corporate

Intermediate under

Accounting/

Advanced

and Economic

Paragraph 2A of

Accounting

Accounting

Group I Paper 3:

Laws

Schedule ‘B’ (i.e.

Taxation

November 1994 or later)

Paper 2: Auditing/ Auditing and Assurance

Group II Paper 5: Auditing and Ethics

SET B: Strategic

or Professional Education

Group II Paper 4:

Cost &

Examination–II or

Cost and

Performance

Professional Competence

Management

Management

Examination and

Paper 3: Corporate

Group I Paper 2:

Accounting

subsequently passed

and Other Laws/

Corporate and

either of

Unit 6A in Intermediate

Business and

Other Laws

SET C:

Examination

Corporate Laws/

Specialization

Law, Ethics and

(elective)

Communication

or

Paper 7:

SET D: Multi-

Enterprise

disciplinary

Information

(elective)

Systems &

Strategic

Group II Paper 6:

Management

Financial

Management and

Paper 8: Financial Management & Economics for Finance

Strategic

Management

III

Group-I passed in

Paper 1: Advanced

Group I Paper 1:

Unit 1B

SET A: Corporate

Intermediate under

Accounting/

Advanced

and Economic

Paragraph 2A of

Accounting

Accounting

Group II Paper 6:

Laws

Schedule ‘B’ (i.e.

Financial

November 1994 or later)

Paper 2: Auditing/ Auditing and Assurance

Group II Paper 5: Auditing and Ethics

Management and

SET B: Strategic

or Professional Education

Strategic

Cost &

Examination–II or

Management

Performance

Professional Competence

Management

Examination and

Paper 3: Corporate

Group I Paper 2:

subsequently passed

and Other Laws/

Corporate and

SET C:

Unit 4/4A in Integrated

Business and

Other Laws

Specialization

Professional Competence

Corporate Laws/

(elective)

Examination/

Law, Ethics and

Intermediate (Integrated

Communication

and

Professional

SET D: Multi-

Competence)

Paper 3: Cost

Group II Paper 4:

disciplinary

Examination/

Accounting and

Cost and

(elective)

Intermediate

Financial

Management

Examination

Management/Cost

Accounting

and Management

Accounting

Paper 4: Taxation

Group I Paper 3: Taxation

IV

Group-II passed in

Paper 4: Cost

Group II Paper 4:

Unit 2

SET A: Corporate

Intermediate under

Accounting/ Cost

Cost and

and Economic

Paragraph 2A of Schedule

Accounting and

Management

Group I Paper 1:

Laws

‘B’ (i.e. November 1994

Financial

Accounting

Advanced

or later) or Professional

Management

Accounting

SET B: Strategic

Education Examination–II

Cost &

Paper 5: Income Tax and Central Sales Tax

Group I Paper 3: Taxation

Group I Paper 2:

Performance

Corporate and

Management

Other Laws

Paper 6: Organisation & Management and Fundamentals of Electronic Data Processing/ Information Technology

Group II Paper 5:

either of

Auditing & Ethics

SET C:

Specialization

Group II Paper 6:

(elective)

Financial

Management and

or

Strategic

SET D: Multi-

Management

disciplinary

(elective)

V

Group-II passed In

Paper 4: Cost

Group II Paper 4:

Unit 2A

SET A: Corporate

Professional Competence

Accounting and

Cost and

and Economic

Examination

Financial

Management

Group I Paper 1:

Laws

Management

Accounting

Advanced

Accounting

SET B: Strategic

Paper 5: Taxation

Group I Paper 3: Taxation

Cost &

Group I Paper 2:

Performance

Corporate and

Management

Paper 6:

Group II Paper 6:

Other Laws

Information

Financial

SET C:

Technology and

Management and

Group II Paper 5:

Specialization

Strategic

Strategic

Auditing and

(elective)

Management

Management

Ethics

and

SET D: Multi-

disciplinary

(elective)

VI

Group-II passed in

Paper 4: Cost

Group II Paper 4:

Unit 2B

SET A: Corporate

Intermediate under

Accounting/ Cost

Cost and

and Economic

Paragraph 2A of

Accounting and

Management

Group I Paper 2:

Laws

Schedule ‘B’ (i.e.

Financial

Accounting

Corporate and

November 1994 or later)

Management

Other Laws

SET B: Strategic

or Professional Education

Cost &

Examination–II and

Paper 5: Income Tax and Central Sales Tax

Group I Paper 3: Taxation

Group II Paper 6:

Performance

subsequently passed

Financial

Management

Unit 5/5A in Integrated

Management and

Professional Competence

Strategic

Examination/

Paper 6: Organisation & Management and Fundamentals of Electronic Data Processing/ Information Technology

Management

either of

Intermediate (Integrated

SET C:

Professional

Specialization

Competence)

(elective)

Examination/

Intermediate

or

Examination

SET D: Multi-

disciplinary

(elective)

Paper 5: Advanced Accounting

Group I Paper 1: Advanced Accounting

Paper 6: Auditing and Assurance

Group II Paper 5: Auditing and Ethics

VII

Group-II passed in

Paper 4: Cost

Group II Paper 4:

Unit 2C

SET A: Corporate

Professional Competence

Accounting and

Cost and

and Economic

Examination and

Financial

Management

Group I Paper 2:

Laws

subsequently passed

Management

Accounting

Corporate and

Unit 5/5A in Integrated

Other Laws

SET B: Strategic

Professional Competence

Paper 5: Taxation

Group I Paper 3: Taxation

Cost &

Examination/

Performance

Intermediate (Integrated

Management

Professional

Paper 6:

Group II Paper 6:

Competence)

Information

Financial

SET C:

Examination/

Technology and

Management and

Specialization

Intermediate

Strategic

Strategic

(elective)

Examination

Management

Management

and

Paper 5: Advanced Accounting

Group I Paper 1: Advanced Accounting

SET D: Multi-

disciplinary

(elective)

Paper 6: Auditing and Assurance

Group II Paper 5: Auditing and Ethics

VIII

Group-II passed in

Paper 4: Cost

Group II Paper 4:

Unit 2D

SET A: Corporate

Intermediate under

Accounting/ Cost

Cost and

and Economic

Paragraph 2A of

Accounting and

Management

Group II Paper 5:

Laws

Schedule ‘B’ (i.e.

Financial

Accounting

Auditing and

November 1994 or later)

Management

Ethics

SET B: Strategic

or Professional Education

Cost &

Examination–II and

Paper 5: Income Tax and Central Sales Tax

Group I Paper 3: Taxation

Group II Paper 6:

Performance

subsequently passed

Financial

Management

Unit 7/7A in Integrated

Management and

Professional Competence

Strategic

Examination/

Paper 6: Organisation & Management and Fundamentals of Electronic Data Processing/ Information Technology

Management

either of

Intermediate (Integrated

SET C:

Professional

Specialization

Competence)

(elective)

Examination/

Intermediate

or

Examination

SET D: Multi-

disciplinary

(elective)

Paper 1: Accounting

Group I Paper 1: Advanced Accounting

Paper 2: Business

Group I Paper 2:

Laws, Ethics and

Corporate and

Communication/

Other Laws

Corporate and

Other Laws

IX

Group-II passed in

Paper 4: Cost

Group II Paper 4:

Unit 2E

SET A: Corporate

Professional Competence

Accounting and

Cost and

and Economic

Examination and

Financial

Management

Group II Paper 5:

Laws

subsequently passed

Management

Accounting

Auditing and

Unit 7/7A in Integrated

Ethics

SET B: Strategic

Professional Competence

Paper 5: Taxation

Group I Paper 3:

Cost &

Examination/

Taxation

Performance

Intermediate (Integrated

Management

Professional

Paper 6:

Group II Paper 6:

Competence)

Information

Financial

SET C:

Examination/

Technology and

Management and

Specialization

Intermediate

Strategic

Strategic

(elective)

Examination

Management

Management

and

Paper 1: Accounting

Group I Paper 1: Advanced Accounting

SET D: Multi-

disciplinary

(elective)

Paper 2: Business

Group I Paper 2:

Laws, Ethics and

Corporate and

Communication/

Other Laws

Corporate and

Other Laws

X

Group-I passed in

Paper 1:

Group I Paper 1:

Unit 2D

SET A: Corporate

Integrated Professional

Accounting

Advanced

and Economic

Competence

Accounting

Group II Paper 5:

Laws

Examination/

Auditing and

Intermediate (Integrated

Paper 2: Business

Group I Paper 2:

Ethics

SET B: Strategic

Professional

Laws, Ethics and

Corporate and

Cost &

Competence)

Communication/

Other Laws

Group II Paper 6:

Performance

Examination/

Corporate and

Financial

Management

Intermediate

Other Laws

Management and

Examination

Strategic

SET C:

Paper 3: Cost

Group II Paper 4:

Management

Specialization

Accounting and

Cost and

(elective)

Financial

Management

Management/Cost

Accounting

and

and Management

SET D: Multi-

Accounting

disciplinary

(elective)

Paper 4: Taxation

Group I Paper 3: Taxation

XIA

Group-II passed in

Paper 5: Advanced

Group I Paper 1:

Unit 3

SET A: Corporate

Integrated Professional

Accounting

Advanced

and Economic

Competence

Accounting

Group I Paper 2:

Laws

Examination/

Corporate and

Intermediate (Integrated

Paper 6: Auditing and Assurance

Group II Paper 5: Auditing and Ethics

Other Laws

SET B: Strategic

Professional

Cost &

Competence)

Group I Paper 3:

Performance

Examination

Taxation

Management

Paper 7:

Group II Paper 6:

Information

Financial

Group II Paper 4:

SET C:

Technology and

Management and

Cost and

Specialization

Strategic

Strategic

Management

(elective)

Management

Management

Accounting

and

SET D: Multi-

disciplinary

(elective)

XIB

Group-II passed in Intermediate Examination

Paper 5: Advanced Accounting

Group I Paper 1: Advanced Accounting

Unit 3

Group I Paper 2: Corporate and

SET A: Corporate and Economic Laws

Paper 6: Auditing

Group II Paper 5:

Other Laws

SET B: Strategic

and Assurance

Auditing and

Cost &

Ethics

Group I Paper 3:

Performance

Taxation

Management

Paper 7: Enterprise

Information

Group II Paper 4:

Systems &

Cost and

either of

Strategic

Group II Paper 6:

Management

SET C:

Management

Financial

Accounting

Specialization

Management and

(elective)

Paper 8: Financial Management & Economics for Finance

Strategic

or

Management

SET D: Multi-

disciplinary

(elective)

Share this Post with your friends & help them to PASS.

Here all materials, PDFs are provided from various available sources, as we never own them, or scan them, we ar just facilitators, so we are not intentionally violating any laws, still if you feel that something should not be on site, you can contact us through email: infocanotes@gmail.com

JOIN OUR MAILING LIST:

Subscribe to hear from us about new addition to castudynotes.com website and other important stuff.

All PDF which are provided here are for Education purposes only. Please utilize them for building your knowledge. We request you to respect our Hard Work. Our Intention is to provide free Study Materials for all Aspirants and we believe Education Should be free for All, and for the same reason, we gathered everything and assembled at one place.

Disclaimer:-

castudynotes.com does not own this Materials, Test Series or anything we share, neither created nor scanned. we just providing the links already available on Internet. and also we doesn’t Own any trademarks or copyrights of any institute, Teachers and others which we share are purely for Education purpose only and all copyrights and Trademarks lies with the respective Institutes/Comapanies only. We don’t intend to either harm or encash your hard work, if any way you feel that our content violates any Copyrights or any privacy laws or if you have any issue, please let us know at infocanotes@gmail.com and we will definitely try to provide possible solution for the same. Thank you.

kindly Leave a Reply Here