1. Chartered Accountants entry test set to become more difficult

Chartered Accountants entry test set to become more difficult

To make their students more competitive globally, the Institute of Chartered Accountants of India (ICAI) on Thursday announced changes in its syllabus and exam pattern which will be applicable from July 1.

By: | New Delhi | Published: June 29, 2017 11:40 PM
Chartered Accountants, CA, Chartered Accountants entry test, entry test set, CAsentry test set, more difficult, competitive globally, Institute of Chartered Accountants of India, difficult to exit, CA course “The issue with the CA course is it’s easy to enter, difficult to exit,” said Nilesh Shivji. (Reuters)Vikamsey, President, ICAI. (Reuters)

To make their students more competitive globally, the Institute of Chartered Accountants of India (ICAI) on Thursday announced changes in its syllabus and exam pattern which will be applicable from July 1. “The issue with the CA course is it’s easy to enter, difficult to exit,” Nilesh Shivji Vikamsey, President, ICAI, said at a press conference. “We are going to make it only slightly difficult, not as difficult as medical and engineering exam. We just hope to improve the input/output ratio with this move,” he said. Conducted on three levels, the tests will now be held on both objective and subjective basis, with 200 marks accorded to each form.

A 100 marks accounts paper would be completely subjective at the entry level Foundation exam, which earlier used to be called Common Proficiency Test (CPT). Another 100 marks paper, which will include 40 marks for English and 60 for Economics would also be subjective. Earlier, this paper was objective. Madhukar Narayan Hiregange, a Fellow Chartered Accountant (FCA), said the step was intended to address the mismatch between the difficulty levels of entry exam and the two that follow.

“If you compare the standard of CPT with IPCC and Final, it’s a complete mismatch. The standard of IPCC and the final is much much tougher than the CPT. So because of this mismatch, the students were finding it very difficult getting through IPCC and final after entering into the course,” Hiregange said. IPCC or Integrated Professional Competence Course, has now been changed to Intermediate course.

The statutory body for CAs also announced new courses which would come into effect from July 1, on the body’s 68th Foundation Day. The new courses, which would be introduced at all levels will include IT and communication skills, Business Correspondence Reporting and Goods and Services Tax (GST).

“We are delighted to launch revised scheme of education and training for CA students keeping in mind the evolving role of CA in the current economic scenario. The revised course intends to promote innovation and bring about out of box thinking in the curriculum and education system of Chartered Accountancy course,” Vikamsey added.

  1. Sam Khan
    Jul 7, 2017 at 9:40 pm
    Please , explain in details about the latest syllabus for cpt.
    Reply
    1. Tarun Monga
      Jul 1, 2017 at 3:20 pm
      Bro if you had registered for CPT before 30 JUNE then you are eligible for OLD CPT course and you are offered 3 Attempts for it, but you are not Registered till 30 June then You have loss your Gold Chance for Old course and now if you want to go for for CA then you must presue for new Enternce course . I just done my CPT . Thanks
      Reply
      1. P
        Palak
        Jul 1, 2017 at 11:21 am
        Plz explain the full pattern of cpt, ipcc and ca final
        Reply
        1. Ganesan KrishnaIyer
          Jul 1, 2017 at 10:10 am
          It is high time that the Ind ute of Chartered Accountants cons ute a curriculum committee consisting of Globally acclaimed finance and accounting professionals. They have to maintain a long term direction in choosing and retaining subjects in a more thoughtful manner. Case in point is 'mathematics'for the intermediate exams.. They must also make sure that the students also get equipped in soft skills like communication, inter personal interaction, corporate ethics etc. It is not only enough if you can reproduce the sections of company law verbatim. Corporates need a suave, knowledgeable, nice to interact, smart professional. Lastly, what is the role of all these famed accounting firms in ensuring that the intern is given enough guidance and time to pass the exam. Many a time there is either very little or zero mentorship. On the job knowledge that is quite demanding is all that they get. Food for thought??
          Reply
          1. S
            Satyanarayan
            Jul 1, 2017 at 1:32 am
            If I have registered myself under the old course but I want to opt the new course,how is this possible?
            Reply
            1. K
              Kiranbabu
              Jun 30, 2017 at 11:22 pm
              Details of cpt syllabus plz
              Reply
              1. K
                Kiran R
                Jun 30, 2017 at 11:14 pm
                Is it applicable to old syllabus or new syllabus or both ??
                Reply
                1. V
                  Vinay kumar
                  Jun 30, 2017 at 11:01 pm
                  I appreciate change syllabus...
                  Reply
                  1. S
                    signa
                    Jun 30, 2017 at 2:21 pm
                    is this changes applicable to the students already registered ????? if yes is there any changes in syllabus of ipcc students
                    Reply
                    1. vivek shah
                      Jul 1, 2017 at 1:00 am
                      No, students already registered can attempt under old course up to Nov 2020 for final .After that they've to convert in New scheme.
                      Reply
                    2. A
                      Ashish Tiwari
                      Jun 30, 2017 at 8:32 am
                      IS THE NEW COURSES ARE APPLICABLE FOR THE CPT EXAM HELD ON DECEMBER 2017
                      Reply
                      1. P
                        pankaj saini
                        Jun 30, 2017 at 9:15 pm
                        this new course is not applicable for cpt in dec but only for old registered students before 1 july 17 as for new student registring after 1st july exam will held in may 17 in new course
                        Reply
                        1. P
                          pankaj saini
                          Jun 30, 2017 at 9:16 pm
                          may 18
                        2. L
                          laxmi tiwari
                          Jun 30, 2017 at 9:49 pm
                          You should wait. ...
                          Reply
                          1. Anup Anvikar
                            Jul 1, 2017 at 11:36 am
                            Those registered before 30 June 2017 can opt for CPT old course exam.
                            Reply
                          2. Load More Comments

                          Go to Top