CA New Scheme of Education and Training | Academy Tax4wealth

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ICAI Proposed CA New Scheme of Education and
Training 2023
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CA New Scheme 2023 - The ICAI recently
recommended a CA new education and training
scheme. The redesigned educational program
includes revisions to all three levels of the CA
Course as well as the three-year practical
training. Previously, in 2017, ICAI changed the
CA curriculum, introducing new CA Foundation, CA
Intermediate, and CA Final course syllabuses.
Some papers from all three levels are integrated
and some are withdrawn in the CA revised
syllabus 2023. Furthermore, the CA articleship
time is decreased from three to two years under
the new arrangement.
ICAI CA Course Level New Changes
CA Foundation 4 Subjects from 6 Subjects
CA Intermediate 6 Papers (3 in each Group)
CA Final 6 Papers (3 in each Group
There are also several modifications in
eligibility, registration validity, curriculum,
subjects, paper pattern, passing requirements,
exemptions, training leaves, and leaving the CA
course. So, in this blog, well explain to you
all you need to know about the ICAIs proposed
new education and training system in 2023, as
well as a comparison of the old and new
schemes. Applicability Date of the ICAI CA New
Scheme 2023 - Latest Update CA New Scheme 2023
will be adopted beginning with the May 2024
attempt. According to an ICAI representative,
the new course will be discontinued in November
2023. Previously, according to ICAI
Vice-President, CA Aniket Sunil Talati, the CA
New Scheme 2023 will be implemented beginning in
November 2023 if the MCA
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• approves it before February 2023. If the MCA
  delays approval, the revised plan will be
  implemented beginning with the May 2024 attempt.
• 1.CA Foundation 2023 New Course
• There are currently no requirements for the
  number of tries in the CA Foundation course. As
  a result, students can attempt as many times as
  they like. The validity of the CA Foundation
  registration can also be revalidated many times.
• However, under the planned education and training
  program, students can enroll after the tenth
  grade, and the CA Foundation registration is
  valid for four years .
• Furthermore, students cannot revalidate their
  foundation registration after four years.
• There will also be no more cut-off dates for the
  CA Foundation enrollment, such as January 1 and
  July 1. This will allow the ICAI to hold three
  examinations every year.
• CA Foundation New Syllabus 2023
• The CA Foundation syllabus now consists of six
  courses and four papers. ICAI has recently
  withdrawn two topics from the CA new scheme
  Business Correspondence Reporting and Business
  Commercial Knowledge.
• The revised CA Foundation syllabus for 2023 is as
  follows
• Paper 1 Accounting (100 Marks)

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• Criteria for Passing the CA Foundation
• The ICAI has modified the CA Foundation exam
  pattern. Students must get 50 to pass the CA
  Foundation examinations under the new method, and
  there will be a .25 negative marking for each
  incorrect MCQ answer.
• All of these modifications are part of the
  revised education and training program for the
  CA Foundation course.
• If you want to prepare for the 2023 examinations,
  you can enroll in Academy Tax4wealth's CA
  Foundation online course . Our lectures are based
  entirely on the most recent ICAI exam format and
  study materials.
• 2. CA Intermediate Course under the New Scheme
  2023 CA Eligibility for Intermediate
• The qualifying conditions for the CA Intermediate
  course remain unchanged. However, to sit for the
  tests, direct entrance candidates must complete
  an 8 - month study term
• Validity of CA Intermediate Registration
• The CA Intermediate registration is now valid for
  five years rather than four.
• Furthermore, CA Intermediate students can only
  revalidate their registration form once with the
  stipulated costs.
• CA Intermediate Syllabus Update 2023

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• Paper 2 of corporate law will completely cover
  the companies act. Its business law element will
  be addressed at the CA Foundation level.
• CA Passing Criteria for Intermediate
• The CA Intermediate exam passing requirements
  will also change. As a result, all six papers
  will have 30 MCQs. Furthermore, .25 negative
  markings for each incorrect answer.
• 3. CA Final Course under the New Education and
  Training Scheme CA Final Eligibility and
  Registration
• Students must pass both rounds of CA Intermediate
  examinations and complete the ICITSS training to
  be eligible to apply for the CA Final course.
• However, to take the CA Final examinations,
  students must
• Finish the Advanced ICITISS Course
• After the practical training, complete a 6-month
  study session.
• Complete all four self-paced modules.
• CA Final registration is good for ten years.
  After ten years, aspirants can revalidate their
  registration for the stipulated cost.
• CA New Syllabus Final 2023
• ICAI has decreased the number of CA Final papers
  from eight to six in the CA New Scheme 2023.
  Now, each group will have three papers.

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• CA Final Exam Pattern
• All CA Final examinations, like the CA
  Intermediate new course 2022, will have 30
  MCQ-based questions. There will also be a 25
  penalty for each incorrect objective answer.
• Business Accounting Associate - Exit Route
• Under the New CA Course 2023, the exit route will
  also change. Students usually drop out of the CA
  Program after failing to pass the CA Final Exams
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• Instead of Accounting Technician, ICAI will now
  provide the Business Accounting Associate
  credential. They must, however, meet the
  following requirements
• Passed both CA Intermediate groups.
• Finish the CA Articleship Training.
• Completed soft skills and information technology
  courses.
• Completed all four self-paced modules.
• Students can check out the ICAI's PPT
  presentation and pdf for the new suggested
  system, which is also the source of this blog.
• Conclusion
• This is all about the recently proposed CA New
  Scheme of Education and Training by ICAI. The
  new course will help future Chartered Accountants
  by preparing them for international markets.
• Stay connected to this page of Academy Tax4wealth
  as we will update it with all ICAI news on the
  new CA Course structure.