Indian Institute of Chartered Accountants. It was founded on July 1st, 1949, with the purpose of serving as the nation’s regulatory body for all chartered accountancy institutes. In order to choose candidates for CA positions, the conducting body sets up three tiers of exams for students. According to some estimates, ICAI is the second-biggest accounting and financial organization globally. Results for ICMAI CMA 2023 Inter and Final Exams are now available.
On August 24, 2023, a significant announcement regarding exemptions from taking the CA Intermediate and Final May 2024 tests was made. Because of the Chattisgarh and Madhya Pradesh assembly elections, the ICAI CA November 2023 tests have been rescheduled.
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ICAI Exam
CA Foundation Course Examination:
- Usually held twice a year in May and November.
- Registration for May attempt: Usually starts in December of the previous year.
- Registration for November attempt: Usually starts in June.
- Examination dates are announced by ICAI.
CA Intermediate (IPC) Examination:
- Conducted twice a year in May and November.
- Registration for May attempt: Generally begins in September of the previous year.
- Registration for November attempt: Generally starts in March.
- Examination dates are announced by ICAI.
CA Final Examination:
- Also conducted twice a year in May and November.
- Registration for May attempt: Typically starts in August of the previous year.
- Registration for November attempt: Usually commences in February.
- Examination dates are announced by ICAI.
How To Check ICAI Exam Result
- Visit the official website: Go to the official website of the Institute of Chartered Accountants of India (ICAI). The website URL is typically www.icai.org.
- Navigate to the Examination Section: Look for the “Examination” or “Student” section on the website’s homepage. Click on it to proceed.
- Find the Results Link: Within the Examination section, you should find a link for “Results” or “Check Result.” Click on this link to proceed to the result checking page.
- Select the Exam: On the results page, you will be prompted to select the specific examination for which you want to check the results. This could be CA Foundation, Intermediate (IPC), or Final examination.
- Enter Required Details: After selecting the exam, you will need to enter your details such as Roll Number, PIN, Registration Number, or Exam Details, depending on the specific requirements for the exam you are checking the result for.
- Submit the Information: Once you have entered the required details, double-check them for accuracy, and then submit the information.
- View Your Result: After submitting the information, your result should be displayed on the screen. You will be able to see your individual subject-wise scores and your pass/fail status.
- Download/Print the Result: If needed, you can download or print your result for future reference. However, most results are available online and can be accessed anytime.
- Verify Rank Holders (if applicable): If you are interested in knowing the rank holders, you can usually find a separate list provided by ICAI on their website.
- Check for Additional Information: Sometimes, along with the result, ICAI may provide additional information such as pass percentage, toppers’ list, and instructions for further procedures.
ICAI Admit Card
| ICAI Admit Card | Details |
|---|---|
| Issued by | Institute of Chartered Accountants in India (ICAI) |
| Purpose | Permit for appearing in the CA examination |
| Availability | Typically released online before the exam |
| Modes of Download | Online on the official ICAI website |
| Information Required | Registration Number, Roll Number, or Exam Details |
| Contents | Candidate’s name, photograph, signature, exam details (date, time, venue), instructions |
| Mandatory Document | Must be carried to the examination center along with a valid ID proof |
| Importance | Essential for entry to the examination hall |
| Download Procedure | Access the ICAI website, log in using credentials, locate the admit card section, download and print the admit card |
| Verification | Details on the admit card should be verified for accuracy |
| Corrections | Provision available for rectification in case of errors |
| Re-issue | Facility available in case of loss or misplacement |
| Helpline/Support | Helpline numbers and support available for queries |
- Visit the official website: Go to the official website of the Institute of Chartered Accountants of India (ICAI). The website address is typically www.icai.org. Ensure that you are on the official website to avoid any fraudulent activities.
- Login to your account: Look for the “Login/Register” or “Member Login” section on the homepage. Click on it to proceed.
- Enter your login credentials: You will need to enter your login credentials such as your registration number and password. Make sure you enter the correct details.
- Navigate to the Admit Card section: Once you are logged in, look for the section related to Admit Cards or Examinations. This section may vary depending on the layout of the website.
- Download the Admit Card: Once you find the Admit Card section, locate the link to download your Admit Card for the upcoming examination. Click on the link to proceed.
- Verify the details: After downloading the Admit Card, carefully review all the details mentioned on it. Ensure that your name, photograph, examination center details, and other relevant information are correct.
- Print the Admit Card: Once you have verified all the details and everything looks correct, proceed to print the Admit Card. It is advisable to take multiple printouts for backup purposes.
- Keep the Admit Card safe: It is crucial to keep the Admit Card safe and in good condition until the completion of the examination process. You will be required to present the Admit Card at the examination center, so make sure you carry it with you on the day of the exam.
Eligibility Criteria for ICAI Exams
| Level | Exam | Number of Papers | Mode of Examination |
|---|---|---|---|
| Foundation | Common Proficiency Test (CPT) | 4 Papers | Offline (Pen and Paper) |
| Intermediate | Intermediate (IPCC) | 8 Papers (Group I & II combined) | Offline (Pen and Paper) |
| Final | Final | 8 Papers (Group I & II combined) | Offline (Pen and Paper) |
| Post-Qualification | Information Systems Audit (ISA) | 1 Paper | Online |
ICAI Exams Pattern
| Exam Level | Minimum Educational Qualification | Exemption Criteria (if any) |
|---|---|---|
| Foundation | Passed Class 10 examination from a recognized board | Not applicable |
| Intermediate | Passed Class 12 examination with minimum 50% marks or equivalent qualification, OR Completed any graduation degree with minimum 50% marks | Exemption from appearing in Group I papers: Candidates who have passed specific subjects in their graduation can avail exemptions from appearing in corresponding papers in Group I of the Intermediate exam. Refer to ICAI Regulations for detailed exemption details. |
| Final | Passed both groups of the CA Intermediate exam AND Completed 3 years of articled training under a practicing Chartered Accountant (with specific requirements for attendance and minimum scores). |
Eligibility Criteria for ICAI Exams
| Category | Tip | Description |
|---|---|---|
| Planning & Strategy | Understand the syllabus: | Thoroughly review the syllabus and exam format for your specific level (CA Foundation, Intermediate, or Final). |
| Create a study schedule: | Develop a realistic schedule that allocates dedicated study time for each subject, considering your learning pace and exam date. | |
| Set achievable goals: | Break down your studying into smaller, achievable goals to maintain motivation and track progress. | |
| Join a study group (optional): | Consider collaborating with motivated peers to discuss concepts, share resources, and test each other. | |
| Study Resources | Utilize ICAI study materials: | Refer to official study materials like textbooks, practice manuals, and mock tests provided by ICAI. |
| Explore additional resources: | Supplement your learning with reputable reference books, online lectures, and practice questions from reliable sources. | |
| Focus on understanding, not just memorizing: | Aim to grasp the core concepts, not just memorize information, to better apply them in different contexts. | |
| Practice solving past exam papers: | Regularly solve past exam papers to familiarize yourself with the question format, time constraints, and marking scheme. | |
| Revision & Practice | Revise regularly: | Revisit previously studied topics to solidify your understanding and identify areas needing additional focus. |
| Practice time management: | Time yourself while solving mock tests and practice papers to develop the ability to complete the exam within the allotted time. | |
| Focus on areas of weakness: | Identify and dedicate extra time to topics you find challenging. Seek help from mentors or teachers if needed. | |
| Self-care & Wellbeing | Maintain a healthy lifestyle: | Prioritize adequate sleep, exercise regularly, and eat nutritious meals to maintain physical and mental well-being throughout your preparation. |
| Manage stress effectively: | Develop healthy coping mechanisms like relaxation techniques or meditation to manage stress and stay focused. | |
| Maintain a positive attitude: | Believe in yourself and your capability to succeed. Stay positive and motivated throughout the preparation process. |
Frequently Asked Questions
While ICAI doesn’t have a fixed “salary” as it’s not a company, Chartered Accountants (CAs) who graduate from ICAI earn an average salary of around ₹10.5 lakh per annum in India.
The ICAI qualification, or Chartered Accountant (CA), is a professional designation earned through the Institute of Chartered Accountants of India, recognized for expertise in accounting, finance, and auditing.
While “CA” often refers to a “Chartered Accountant,” it’s not interchangeable with “ICAI,” which is the specific Institute granting the “CA” qualification in India.
No, ICAI (Institute of Chartered Accountants of India) is not a government college. It’s a statutory body under the Ministry of Corporate Affairs, Government of India.