ICAI Self-Paced Module Information, Registration & Process

For the CA Final Exams, ICAI has introduced a new Self-Paced Module that lets students study online at their own speed. Content for four required disciplines is included in the module, and exam security is guaranteed by remote proctoring.

The CA New Scheme now includes the ICAI Self-Paced Module for four required courses, thanks to an introduction by ICAI. In order to be eligible for the CA Final Exam, candidates must pass these subjects with at least 50% of the possible points. Since all of the modules are available online, candidates can access all of the material and study at their own leisure.

The ability to easily participate in professional development from home, without having to pay for travel or accommodation, is advantageous to educators. After purchasing, candidates have up to six months to review the modules. The courses also cover extremely narrow subjects that are not usually covered in conventional IB professional development workshops and events.

ICAI Self-Paced Module

With the use of remote proctoring technology, applicants can take the ICAI Self-Paced Module, commonly referred to as the home-based test, from any place.

Please visit the Announcements section under Students on the Institute's website for details on the next practical training assessment. This data is also available via the test portal at https://pttest.icai.org.

ICAI Self-Paced Module: What is Remote Proctoring?

The ICAI Self-Paced Module (Home Based Test) allows you to take your exam from home using your computer, monitored by trained proctors for security. These proctors verify your identity and monitor your behavior during the test to ensure compliance with all rules. The system also includes security measures such as ID checks and room searches before the test begins.

To take the exam, you'll need a computer with 2 GB RAM, a webcam, microphone, and a power source with at least four hours of backup. Your screen resolution should be 1920 x 1080, and you should use Windows 7 or higher. It's recommended to use the latest version of Google Chrome or Mozilla Firefox and an internet connection with a minimum speed of 1.0 Mbps. Avoid using mobile hotspots for internet access.

The ICAI Self-Paced Module (Home Based Test) is similar to the Centre Based Test, but you take it on your own computer at home.

ICAI Self-Paced Module Registration

To register for the ICAI Self-Paced Module, students should visit https://pttest.icai.org/. The registration announcement will be available in the Students section of the Institute website and the PT test portal.

The ICAI Self-Paced Module is not more accessible or challenging than the Centre-Based Test, as it follows the same assessment criteria.

Candidates must have a laptop or desktop computer to take the ICAI Self-Paced Module (Home Based Test), as mobile phones or tablets are not supported.

ICAI Self-Paced Modules Syllabus

Self-paced online modules are now available through ICAI as part of the CA's new education and training programme. Students can access these lessons before to taking the Final test, if they have passed the CA Intermediate exam. These modules are meant to be studied at the student's own speed and come with online tests to be completed.

Four sets (Set A, Set B, Set C, and Set D) comprise the self-paced online modules.

In order to be eligible for the CA Final test, students need to pass all four sets with a minimum of 50% in each module.

			ICAI Self-Paced Modules Syllabus
Set A (compulsory) Economics Laws	Set B (compulsory)  Strategic Cost Management and Performance Evaluation	Set C (select any 1)  Specialization Elective	Set D (select any 1) Incorporating the Multi-disciplinary approach envisaged in NEP, 2020
Foreign Exchange Management Act, 1999 Insolvency and Bankruptcy Code, 2016 Prevention of Money Laundering Act, 2002 Competition Act, 2002 Securitization and Reconstruction of Financial Assets Enforcement of Security Interest Act, 2002 Real Estate (Regulation and Development) Act, 2016 Prohibition of Benami Property Transactions Act, 1988		Risk management Integrated and Sustainability Reporting Government Accounting and Public Finance Introduction to Digital Ecosystem and Transformation International Taxation Arbitration, Mediation and Conciliation Forensic Audit Financial Services and Capital Markets Valuation Forex and Treasury Management	Constitution of India Psychology (including self-awareness) Entrepreneurship (to include MSMEs & Start-ups) Communication (to include advocacy) Philosop

Preparing for CA Foundation Exam After 12th: 5 Key Steps

You're in the right place if you're a commerce student hoping to pass the CA Foundation Exam. Here, you'll learn the five most efficient ways to accomplish your objective and successfully map out your route to success. After completing the 12th grade, this guide offers all the information required to successfully complete the important steps required to pass the CA Foundation Exam.

What is a CA?

A Chartered Accountant (CA) is a qualified professional eligible for membership in one of the chartered professional accountancy bodies established under a royal charter. Chartered accountants commonly work in public practice, serving as auditors, tax advisors, consultants, or in roles within industry, commerce, and various sectors of the public domain.

To attain the designation of a chartered accountant, one typically needs to:

1. Complete a specific level of education, such as earning a bachelor's degree in accounting or a related field.

2. Successfully pass a demanding professional examination process.

3. Acquire relevant work experience in the field of accounting.

4. Fulfill other requirements stipulated by the professional accounting body.

Five Steps and Strategies for Successfully Clearing the CA Foundation Exam in One Attempt

Explore these five steps and strategies to enhance your chances of clearing the CA Foundation Exam:

1. Grasp the Exam Pattern and Syllabus:

Initiate your exam preparation by comprehending the exam pattern and syllabus thoroughly. Gain insights into the question formats and topics covered in the CA Foundation Exam. This understanding will aid in structuring your study plan, allowing you to concentrate on areas requiring more attention.

The CA Foundation Exam encompasses four papers:

• Paper 1: Principles and Practice of Accounting

• Paper 2: Business Law and Business Correspondence and Reporting

• Paper 3: Business Mathematics, Logical Reasoning, and Statistics

• Paper 4: Business Economics and Business and Commercial Knowledge

Familiarize yourself with the subject weightage and question distribution in each paper. This knowledge is essential for planning your study sessions effectively. Stay updated with the latest syllabus and exam pattern provided by the ICAI for the CA Foundation Exam.

2. Maximize Your Practice:

Practice is the key to succeeding in any exam, whether it's at the national or school level. Give yourself enough time to practice by doing mock exams and solving previous papers. This method improves your time management abilities while helping you identify your areas of strength and weakness.

Regular practice also helps you become more comfortable with the format of the test and the different kinds of questions that you may encounter, which will improve your overall readiness.

3. Developing a Study Plan:

Making a study plan that works for you is essential after you have a firm grasp of the syllabus and format of the CA Foundation exam. To create a successful plan, adhere to these steps:

• Set Clear Goals: Clearly state your goals for yourself by the exam date. Setting clear objectives for your preparation will help you stay motivated, concentrated, and consistent.

• Assess Your Current Knowledge: Analyze how well you currently understand each topic covered in the CA Foundation Exam. To effectively focus your efforts, identify the areas that need more practice.

• Allocate Time for Each Subject: Give each subject a specific time slot while taking its weight into account. Make sure you have enough time in your schedule for both theoretical and practical study.

• Create a Daily Schedule: Create a daily schedule that includes practice, study times, and breaks. Keep a disciplined approach to your CA Foundation Exam preparation by sticking to your schedule.

• Use a Calendar or Planner: You can stay organized and on track with your CA exam preparation by using a calendar or planner to keep track of your study schedule.

• Review and Adapt: Review your study schedule frequently and make any necessary revisions. Being adaptable is essential to ensuring that your plan stays effective and progresses with you.

You can improve your chances of passing the CA Foundation Exam by putting these suggestions into practice and creating a customized study schedule. Keep in mind that every person has a different study schedule, so it could take some time to determine which one works best for you. Remain persistent and willing to adapt as you advance.

4. Study from the recommended books and materials

For the CA Foundation Exam, use the books and study guides recommended by the ICAI; they are the most reliable and up-to-date sources of information. Utilizing these resources for study is imperative. To supplement your learning, you might also think about looking through additional relevant books and study materials.

5. Stay motivated and focused

Achieving success in the CA Foundation Exam demands substantial effort and commitment. Maintain motivation and focus throughout your preparation, incorporating regular breaks, a healthy lifestyle, and a positive mindset.

Consider joining coaching institutes for expert guidance, attend classes consistently, and engage in study groups or online communities to discuss and clarify doubts with fellow students.

When selecting a coaching platform, iProledge, an extension of CA coaching, stands out as India's leading platform for CA Foundation Exam preparation.

Additional strategies for CA Foundation Exam success include:

1. Time Management:

Efficiently utilize your time, recognizing it as a crucial factor in exam success.

2. Focus on Basics:

Emphasize understanding fundamental concepts in accounting, economics, and business laws for success in the CA Foundation Exam.

3. Regular Revision:

Consistent revision is vital for retaining acquired knowledge; make it a routine to review what you've learned.

4. Stay Updated:

Stay informed about the latest developments in accounting and economics to approach exam questions with confidence.

5. Manage Stress:

Keep stress at bay as it can impact exam performance negatively; maintain a positive attitude throughout your preparation.

6. Prioritize Health:

A healthy body and mind are integral to optimal exam performance. Ensure proper nutrition and adequate sleep for overall well-being.

Remember, the CA Foundation Exam journey requires a holistic approach that balances effective study strategies with personal well-being.

The CA Foundation Eligibility Criteria

The eligibility criteria for the CA Foundation Exam, the initial step in pursuing the Chartered Accountancy course in India, are outlined as follows:

1. Educational Qualifications:

• The candidate must have passed the 12th-grade examination or an equivalent from a recognized board.

• Students currently appearing for their Class 12 or equivalent exams are eligible to register for the CA Foundation Exam.

• Those who have passed the 10th-grade examination or equivalent can also take the CA Foundation exam, but their enrollment will be provisional until they clear their 12th or equivalent.

2. Age Limit:

• The candidate should be at least 17 years old as of January 1st of the year in which they are registering for the Foundation course.

Once these criteria are met, candidates can register for the CA Foundation exam. Eligible equivalent examinations include:

• Higher Secondary Examination (10+2) conducted by the International School of Certificate Examination (ICSE).

• All India Secondary Examination (10+2) conducted by the National Institute of Open Schooling (NIOS).

• General Certificate of Education (GCE) Examination at the Advanced (A) level.

• HSC examination of the Maharashtra State Board of Secondary and Higher Secondary Education or its equivalent with English as one of the subjects.

• Indian School Certificate Examination (ISCE) and Indian Certificate of Secondary Education (ICSE) conducted by the Council for the Indian School Certificate Examinations, New Delhi.

Note: The list of equivalent examinations is subject to change, so it is advisable to verify with the ICAI for the latest information on eligible exams for the CA Foundation Exam.

Conclusion

Finally, the only thing we should ever forget in order to succeed in anything is to be consistent, dedicated, and never give up on our goals—whether that be passing a challenging exam like the CA Foundation Exam or any other competition in life. Never forget that our efforts, not our mistakes, will determine who we are.

FAQs

What is the duration to complete CA after the 12th grade?

Ans: The CA journey typically spans approximately 4.5 years from the 12th grade.

Q2: Is it possible to succeed in CA after finishing the 12th grade?

Breaking News: ICAI CA Final and Intermediate Results 2023 Declared - Step-by-Step Guide to Download

Date: January 9, 2024

The Institute of Chartered Accountants of India (ICAI) has officially released the results of the CA Final and Intermediate Exams held in November 2023. Candidates who are awaiting their results can now access and download them from the official website, icaiexam.icai.org.

Key Highlights:

Result Declaration:

• Date: January 9, 2024

• Time: The exact time of the result announcement has not been specified, but it is expected by 10 AM.

How to Check CA Results 2023:

If you took the ICAI CA Intermediate and Final Exams in November 2023, here's how to check and download your results:

Visit the Official Website:

• Open your web browser and navigate to the Institute of Chartered Accountants of India (ICAI) official website, icaiexam.icai.org or icai.nic.in.

Locate the Result Link:

• Once on the homepage, look for the prominently displayed result link. You can also go to the "Important Announcements" section for quick access.

Access the Result Page:

• When you click on the result link, a new window will open that will take you to the dedicated CA Result Nov 2023 page.

Select Your Exam:

• On the result page, you will most likely see separate links for CA Intermediate and CA Final results. Click on the link appropriate for the exam you took.

Enter Your Login Details:

• Now it's time to enter your login information. Fill out the Registration Number and Roll Number fields. To avoid issues, ensure that the details are correct.

Submit Your Information:

• Once you have entered your information, click the submit button. This action begins the process of retrieving and displaying your CA Intermediate or Final Results.

View and Download Your Scorecard:

• Your results for the November 2023 exams will be displayed on screen. Take a moment to review your scores. If everything looks correct, download your scorecard.

Download the Scorecard:

• Look for the option to download or save your scorecard. Download the document and keep it in a secure location for future reference.

Print a Hard Copy (Optional):

• If you prefer a hard copy, print the downloaded scorecard. While not required, having a physical copy can be useful for documentation.

Check for Additional Information:

• The result page may include additional information, such as merit lists or important announcements. Take a moment to investigate any additional information provided.

Follow these steps to successfully check and download your ICAI CA Intermediate or Final Results for the November 2023 session. Remember to visit the official website to verify the accuracy of your results. Good luck!

Passing Criteria in CA exam:

• To pass the CA final exam in November 2023, candidates must successfully complete both group exams.

• It is possible to attempt both groups at the same time, or to take one group in one exam and the other in any subsequent exam.

• There are specific criteria for passing both groups at the same time or passing only one of them.

Merit List:

In addition to the individual results, the Institute of Chartered Accountants of India (ICAI) will present the CA Intermediate and Final Merit List 2023. This merit list honors the top performers in the November 2023 examinations. Here's more specific information about the Merit List release:

Recognition of Excellence:

• The Merit List celebrates and recognizes candidates' outstanding performance in the CA Intermediate and Final Exams.

How to Access the Merit List:

• Candidates can access the Merit List through the ICAI's official website, icaiexam.icai.org or icai.nic.in.

Criteria for Merit List Inclusion:

• Selection to the Merit List is based on a combination of high individual subject scores and overall performance.

Merit List Download Process:

Visit the Official Website:

• Visit the official ICAI website at icaiexam.icai.org. or icai.nic.in.

Navigate to Results Section:

• Look for the section related to results or examinations on the homepage.

Find Merit List Link:

• Locate and click on the link for the CA Intermediate and Final Merit List 2023.

Enter Details:

• Provide necessary details such as Registration Number and Roll Number in the designated fields.

Download and Save:

• Once the Merit List is displayed, candidates can save it for future reference.

Importance of the Merit List:

• Inclusion on the Merit List is a significant accomplishment that demonstrates a candidate's dedication, hard work, and knowledge of the subject.
  

Additional Recommendations of the Merit List:

• Candidates are advised to only verify and download the Merit List from the official ICAI website to ensure its authenticity.

• The Merit List is an invaluable resource for those looking to excel in their CA exams, as it provides insights into the exceptional performance benchmarks set by their peers.

Stay tuned for the official release of the CA Intermediate and Final Merit List 2023 on the ICAI website, and congratulations to all of the outstanding candidates who make it to this prestigious list of achievements!

New Scheme of Education and Training:

• The ICAI has introduced a new education and training scheme for the CA programme, which will take effect on July 1, 2023. The first session of the new scheme will hold exams in May 2024.

Result Statistics (Last Year):

• In December 2022, 1,00,265 candidates took the CA Inter Group 1 exam, and 21,244 passed.

• For Group 2, 79,292 candidates participated, and 19,380 candidates passed the exam.

Important Reminders:

• Candidates are advised to only download their results from the official website, icai.nic.in. Avoid considering unauthorized portal links.

• Keep login credentials ready while checking the results online.

Stay tuned for further updates and information on the ICAI CA Inter and Final Results November 2023. To access the results directly, use the official link provided on the iProledge website.

FAQs

1. When were the ICAI CA Final and Intermediate Results for November 2023 announced?

The results were officially announced on January 9, 2024. However, the exact time of the announcement was not specified.

2. What is the passing criteria for the CA Final exam held in November 2023?

3. How can candidates check and download their ICAI CA Intermediate and Final Results?

4. Is there a merit list released along with the ICAI CA Intermediate and Final Results?

5. What is the new education and training scheme introduced by ICAI for the CA programme?

6. What should I do if I have failed my CA exam?