24.1 C
New York
Saturday, June 15, 2024

CA Final Exam 2023: Form, Syllabus & Pattern

The CA Final Exam marks the end of years of dedicated study and practical training for aspiring chartered accountants. The CA Final tests the student’s knowledge of accounting, auditing, taxation, financial management, corporate law, and other subjects. For clearing the ICAI CA final exams, students must have a strong hold on every subject so that they can appear on the exam confidently and clear all the exams. 

Before appearing for the CA Final Exam in November 2023, candidates must first complete articleship training and pass both CA Intermediate Exams. Once you meet this eligibility, candidates can complete the CA Final registration and then submit the exam form within its stated timeline. This ensures that they can take the exams. 

The syllabus for the ICAI Final Exam is comprehensive and extensive. Also, it has eight subjects in two groups. Successful preparation for this examination demands hours of studying, revision, solving mock-test papers and also learning time management. These things will help score better in the CA Final result and also get a rank. 

In this post, we will check a few essential details about the ICAI final exam pattern, syllabus, fees, and other essential details. 

About The ICAI Final Paper Pattern

Before beginning the preparations for CA Final exams 2023, students must review the exam pattern on the official website of ICAI. The ICAI drafts and releases the CA Final exam. 

As per the 2023 CA Final exam pattern of ICAI CA Final exams, each paper of 8 contains 100 marks for an examination totalling 800. Students need 40 marks on each paper in total (400 in total) to pass. No negative marking will apply when incorrect answers are given in either section of the CA Final.

Students taking ICAI Final examinations can expect both objective and subjective questions in their exams, which take place offline with pen and paper-based questions for 3 hours total duration.

Here is a detailed overview of the CA Final exam pattern:

ParticularsDetails
Mode of examPen & Paper based
Medium of examEnglish & Hindi
Duration of exam3 hours for each paper
Number of Groups2 Groups
Types of questionsBoth Objective & Subjective
Exam conducting bodyInstitute of Chartered Accountants of India (ICAI)
Total number of papersEight papers
FrequencyTwice a year (May & November)
Marking scheme100 marks on each paper
Negative markingNo negative marking for incorrect answers

The Institute of Chartered Accountants provides an exam pattern tailored to individual subjects of its CA final-level certification exam: Papers 3, 4, 7 and 8 have a 30:70 assessment method; while Paper 6 follows an open-book exam format. All other papers follow regular patterns.

By 30:70 assessment, we mean that the paper will have 30 marks MCQ in the first part and the 2nd part has a descriptive part. 

CA Final Marking Scheme & Passing Criteria

Based on the new ICAI exam pattern, passing criteria and marking scheme are as follows.-

  • Under the ICAI Final Exam 2023’s revised format, each paper in each exam will carry up to 100 marks each 
  • Candidates must score at least 40% marks in every subject and aggregate 50% for clearing each group
  • No negative marking will take place.
  • Students who score over sixty per cent marks in anger papers can get an exemption in exams.

CA Final Syllabus

The ICAI is responsible for releasing the CA Final exam syllabus. As the ICAI slightly altered their syllabus for CA Final exams 2023, students should adhere to the revised CA Final syllabus 2023 for exams. Students can check the revised syllabus and suthe ts via the BoS Knowledge portal.

The subjects of the CA Final are as follows:

CA Final Group 1 Subjects (New Syllabus)

  1. Financial Reporting 
  2. Strategic Financial Management 
  3. Advanced Auditing and Professional Ethics
  4. Corporate and Economic Laws 

CA Final Group 2 Subjects (New Syllabus)

  1. Strategic Cost Management and Performance Evaluation 
  2. Paper 6A- Risk Management 
  3. Paper 6B- Financial Services and Capital Markets 
  4. Paper 6C- International Taxation 
  5. Paper 6D- Economic Laws 
  6. Paper 6E- Global Financial Reporting Standards 
  7. Paper 6F- Multidisciplinary Case Study 
  8. Paper 7- Direct Tax Laws and International Taxation 
  9. Paper 8- Indirect Tax Laws 

The CA Final dates for November 2023, are yet to be announced. You can keep checking the ICAI official website for the dates for November 2023. 

ICAI Final Exam Form

The CA Final exam form for November 2023 could become available starting September. ICAI will notify you of the deadline to fill and submit the exam form with a late fee of Rs 600 for Indian students or $10 for international ones.

The CA Final exam fees for the exam form are as follows:

CentresCA Final Single Group FeesCA Final Both Group Fees
Indian CentersRs. 1800Rs. 3300
Overseas Centers$ 325$ 550

Conclusion

So this is all about the important details about the CA Final exam for Nov 2023. For more details, you can refer to ICAI’s official website or keep visiting VSI Jaipur’s website for more details. Also, for CA Final coaching, VSI Jaipur is the best coaching centre. Contact the team for more details. 
Also read – Black Rose Elixirs a Symphony of Flavors

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -spot_img

Latest Articles