New CA Curriculum Syllabus from 2017 or 2018
New CPT, CA Final & CA IPCC Syllabus 2017, that is being revised by the ICAI has officially announced the date of its applicability. There has been some confusion among the students about the course so here I am to describe make you guys understand new curriculum.
New CA Syllabus Applicability date
As is a known fact that, the syllabus of CA Course is being drastically changed. It is hereby clarified by institute that, the new syllabus will likely come into effect only from May/June 2018 exams.Students registered under existing syllabus will likely be given 2-3 attempts chance to pass the exams, after which the new syllabus will be made applicable.Old students do not need to panic you have given sufficient time to clear your exams. New students who registers themself after 1st july 2017 will be registered in new scheme.
Here are the major highlight's of new scheme:
Changes in CA Foundation
1. Names changed from CPT to CA Foundation
2.Duration of CA Foundation to be 8 Months (In the previous draft – this was9 months)
3.The Exams would be held in the month of May and Nov
4. Students who appear in 12th had written thier CPT in june earlier but after applicability of new curriculam they are eligible for Nov attempt of Ca foundation. This not announced officially by ICAI but after discussion with CPT faculty we end upon conclusion that It is not practically possible to write exam in may for due lack of period and new vast course so sooner we surely recived clarification from institute on this issue.
4.The subjects as mentioned in the Revised New Draft are as follows:
Changes in CA Intermediate
1. Most awaited change from a longer period Cost Accounting and Financial Management to be 2 different subjects
2.Duration of Intermediate Course increased from 9 months to 12 months
3.Direct and Indirect Taxes were proposed to be 2 different subjects of 100 Marks each in the previous draft. In the revised draft, these have now been merged togethor into a Single subject
4.Information Technology and Strategic Management Reintroduced (ICAI was planning to delete these in the draft released earlier but now ICAI does not intent to delete them and these would continue to be applicable)The subjects as mentioned in the revised draft for the CA New Course are as follows:
Changes in CA Final
1.New subject introduced: Capital Markets and Financial Services. Our SFM facully is really happy to see this change.
2.Eligibility to appear for CA Final only after completion of full period of Articleship. No clarification regarding provisional final attempt to write final examination within last 6 months of articleship.
3.Major change in Information Systems Control and Audit (ISCA) which was proposed to be deleted in the previous draft has now been reintroduced in the revised draft. This would now form a part of Paper 6 and would be for 50 Marks but ICAI must reduce the sllaybus of icsa also otherwise it will become a headche to students.
I hope it helps you guys for any query you can ask me on mail i will definitely reply as soon as possible my mail Id is- akashjain070@gmail.com
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