Now that The Institute of Chartered Account of India (ICAI) has declared the result of IPCC on 2nd August, CA aspirants must be looking forward to the final exam which is to be conduced in November.
According to a notification released by ICAI, the final exams will be start on 2nd November and will finish on 16th November. All exams will be held in one shift between 2 pm to 5 pm on the test dates.
|Group I Exams|
|2||Business Laws, Ethics and Communication||04-11-2016|
|3||Cost Accounting and Financial Management||06-11-2016|
|Group II Exams|
|6||Auditing and Assurance||12-11-2016|
|7||Information Technology & Strategic Management||15-11-2016|
The registrations have begun from August 5 and will end on 26th August without any late fees. However, with a late fee of Rs 600., the applications can be submitted till 2nd September at ICAI’s Delhi office.
Candidates who have secured a minimum of 55% will be on the merit list eligible to appear for the CA final exams.
The CA profession is not as easy as it seems. There are three steps to becoming a CA. The first one is CPT (Common Proficiency Test). After the nine months of CPT, a candidate can appear for IPCC i.e. second round of the exam. In IPCC exam, there are two groups of seven subjects on which candidates are tested. After passing the IPCC exam, the final and last exam is conducted. In the final exam, there are two groups of four subjects in which candidates have to secure a minimum of 40% in each subject and 50% overall to become a CA.