From Notification to FAQs: Know Complete Details of ICAI CA New Scheme of Education and Training

From Notification to FAQs - ICAI releases details of CA New Scheme of Education and Training - TAXSCAN

The Institute of Chartered Accountants of India (ICAI) has notified the new education and training scheme on June 23rd 2023 through the gazette notification. The changes concern the requirements for passing the final examination, the registration requirements and fees for the intermediate course, and the admission requirements, fees, and syllabus for the intermediate examination.

The new scheme was launched by the President of India on1st July 2023, on CA Day.

Also the prospectus is available on the official website of the ICAI. According to the new education and training, the self-paced online modules will commence from 1st July 2023. The registration for Foundation under the new scheme will start on 2nd August 2023.

The New Scheme of Education and Training consists of three levels: Foundation, Intermediate, and Final, which also includes Self-Paced Online Modules. To enroll in the Foundation, Intermediate, or Final level of the New Scheme of Education and Training, students are required to register through the Self Service Portal (SSP) at the following link:


After completing the Class 10th Examination conducted by a legally recognized examining body in India or an examination that is deemed equivalent by the Central Government or State Government, candidates are eligible to register for the Foundation Course.

The initial opportunity to appear for the Foundation Examination under the New Scheme of Education and Training will be available after appearing in the Class 12th examination conducted by a legally recognized examining body in India or an examination recognized as equivalent by the Central Government or State Government.

The 4 papers in Foundation Course which are as under:

  • Paper 1: Accounting (100 marks)
  • Paper 2: Business Laws (100 marks)
  • Paper 3: Quantitative Aptitude (100 marks)

        • Business Mathematics

        • Logical Reasoning

      • Statistics

  • Paper 4: Business Economics (100 marks)


A candidate can register in Intermediate Course through either of the following two routes:  (i) Foundation Route  (ii) Direct Entry Route. : You can register provisionally for the CA Intermediate Course through Direct Entry Route. After completing the Graduation with requisite marks and completion of eight months of study period in Intermediate Course from the date of provisional registration, you would become eligible to appear in Intermediate Examination.

There are 6 papers in Intermediate Course which are as under:

 Group I

  •  Paper 1: Advanced Accounting (100 marks)
  •  Paper 2: Corporate and Other Laws (100 marks)
  •  Paper 3: Taxation

                   Section A – Income-tax Law (50 marks)

                   Section B – Goods and Services Tax (GST) (50 marks)

 Group II

  •  Paper 4: Cost and Management Accounting (100 marks)
  •  Paper 5: Auditing and Ethics (100 marks)
  • Paper 6: Financial Management and Strategic Management

      Section A – Financial Management (50 marks)

      Section B – Strategic Management (50 marks)


There are 6 papers in Final Course which are as under:

Group I

  •  Paper 1: Financial Reporting (100 marks)
  •  Paper 2: Advanced Financial Management (100 marks)
  •  Paper 3: Advanced Auditing, Assurance and Professional Ethics (100 marks)

Group II

  •  Paper 4: Direct Tax Laws & International Taxation (100 marks)
  •  Paper 5: Indirect Tax Laws (100 marks)
  •  Paper 6: Integrated Business Solutions (100 marks)(Multidisciplinary Case Study with Strategic Management)

The assessment for Paper-6 Integrated Business Solutions (Multidisciplinary Case Study with Strategic Management) which is entirely case study based, would be an open book examination. The Assessment for all the other five papers would be through a closed book examination.


Upon clearing both groups of the Intermediate Examination and completing the Four Weeks Integrated Course on Information Technology and Soft Skills (ICITSS), you are eligible to begin Practical Training. The duration of Practical Training is 2 years and the Industrial Training is for a period of 9 months to 12 months, permitted during the last part of 2 years Practical Training. Also, the articled assistant would be permitted to take 12 leaves in each year of Practical Training.

The ICAI has released the complete details from Notification to the FAQs of the new scheme of education and training for better clarification of the new transition.

Access the Details here:

  1. New Scheme notified on June 23, 2023
  2. Announcement for New Scheme of Education and Training
  3. Prospectus
  4. Transition Scheme
  5. Syllabus
  6. Study Material
  7. Frequently Asked Questions (FAQs)

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