The Institute of Chartered Accountants of India (ICAI) through the press release issued on 23rd June 2023 was notified to launch the new Chartered Accountancy (CA) syllabus on July 1st 2023 which has formulated the new Scheme of Education and Training in lines with International Education Standards and National Education Policy, 2020 (NEP).
On occasion, the CA. Aniket Sunil Talati, President ICAI said, “ICAI has formulated the New Scheme of Education and Training in lines with International Education Standards and National Education Policy, 2020 (NEP) after considering the inputs from various stakeholders. The New Scheme of Education and Training has been notified in the Gazette of India on 22nd June, 2023 and will come into effect from 1st July, 2023 which is celebrated as CA Day.”
The most appropriate day to introduce the syllabus would be July 1, 2023, when the ICAI celebrates its 75th anniversary. With the proper objections and ideas from the public and other stakeholders, the scheme has been changed.
The ICAI has notified the same through the gazette publication. The new amendment has fixed a minimum stipend of Rs. 15,000 for the industrial training. Also, the article assistants are eligible for a 12 days leave per year in the training period.
| S.No. | Particulars | Date/ Attempt |
| 1 | Last date for Registration in Foundation under Existing Scheme | 1 st July, 2023 |
| 2 | Last date for Registration in Intermediate and Final Courses under Existing Scheme | 30th June, 2023 |
| 3 | Date of commencement of Registration and Conversion in Foundation Course under New Scheme | 2nd August, 2023 |
| 4 | Date of commencement of Registration and Conversion in Intermediate and Final Courses under New Scheme | 1 st July, 2023 |
| 5 | First Foundation Examination under New Scheme | June, 2024 |
| 6 | First Intermediate and Final Examination under New Scheme | May, 2024 |
| 7 | Last Foundation Examination under Existing Scheme | December, 2023 |
| 8 | Last Intermediate and Final Examination under Existing Scheme | November, 2023 |
| 9 | Last date of commencement of three years Practical Training | 30th June, 2023 |
| 10 | Date of commencement of two years uninterrupted Practical Training | 1 st July, 2023 |
It was also notified that the Syllabus, Transition Scheme and Frequently Asked Questions (FAQs) will be released on 1st July, 2023. Paper wise exemption plan will be announced in due course.
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