ICAI releases CA Students Journal for month of July including New Scheme of Education and Training
ICAI – CA Students Journal – Students Journal – New Scheme of Education and Training – Education and Training – Training – Education – taxscan
ICAI – CA Students Journal – Students Journal – New Scheme of Education and Training – Education and Training – Training – Education – taxscan
The Institute of Chartered Accountants of India (ICAI) has released a student journal for CA students for the month of July 2023 which included the New Scheme of Education and Training at a glance.
According to the wordings of the ICAI president in the Journal towards students “I am delighted to inform you that the launch of New Scheme of Education and Training of Chartered Accountancy course would be done on 1st July 2023”
Also Read: Good news to CA Students: ICAI Doubles CA Articleship Stipend
As per the Journal the highlights under the New CA scheme are:
- The present three tier structure, namely, Foundation, Intermediate and Final level is continuing in the New Scheme of Education and Training.
- In addition, four Self-Paced Online Modules have been introduced.
- In place of 4+8+8 papers, there would be 4+6+6+4 papers in the New Scheme i.e., 4, 6 and 6 papers each at the Foundation, Intermediate and Final levels, respectively, and in addition thereto, 4 Self-Paced Online Modules.
- Seamless and Focused Practical Training would be an examination-free period of two years.
- Technology enabled learning advocated by NEP, 2020 to be implemented through Self-Paced Online Modules, where both learning and assessment would be online.
- Integrated Business Solutions would be a mandatory paper at the Final level to assess the integrated application of professional knowledge in different subject areas combined with the skills acquired during practical training.
- Assessment by way of case scenario/study based MCQs for 30 marks in every subject at the Intermediate and Final levels to hone the analytical skills of aspiring chartered accountants.
- Impetus on education in Ethics and Information Technology, by blending them with select core subjects at the Final level.
- Implementation of International Curriculum.
Read More: ICAI CA New Education and Training At a Glance
The ICAI has already stated that on July 1st, the Chief Guest of the CA Day Celebration, the President of India Smt. Droupadi Murmu will launch the scheme officially. The new scheme was announced in the official gazette.
Read More: ICAI notifies New CA Scheme: Amends Chartered Accountants Regulations
Also read: ICAI notifies to Launch New CA Syllabus on July 1st, 2023: Know Important Dates here
To Read the full text of the Order CLICK HERE
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