CA New Syllabus 2016 | Changes in CA CPT IPCC and CA Final Syllabus
We have already known that The Institute of Chartered Accountants of India (ICAI) announced CA new syllabus from 2016. In previous post we have given what are the changes in CPT, IPCC and CA Final syllabus from 2016. But today ICAI released a new notification about ” CA New Syllabus 2016 ” full details. This notification contains How to become ” CA ” through foundation route or direct entry route, Name and Number of Papers in Foundation, Inter and Final syllabus from 2016 and other training details like Four Weeks Integrated Course on Information Technology and Soft Skills (ICITSS), Practical Training and Advance Four Weeks Integrated Course on Information Technology and Soft Skills (AICITSS).
In Foundation course Paper 2 and Paper 4 will be Objective type papers and remaining are descriptive papers. ICAI didn’t remove Information Technology and Strategic Management Paper in CA IPCC Group – 2 and also ICAI didn’t remove Information Systems Control and Audit paper in CA Final. Read remaining changes as per new syllabus in CA CPT, IPCC and CA Final from May 2016 !!
CA New Syllabus 2016 | Foundation Route
Revised Scheme: Route I – Foundation Course
Under the Foundation Course Route, the following steps are required
1. Register with Board of Studies (BoS) after appearing in Class XII till June 30/Dec 31.
2. Be eligible to appear for Foundation examination after passing Class XII examination. The first Foundation examination can be taken in November/May, as applicable, following passing of Class XII examination.
3. Qualify Foundation Course.
4. Register with the BoS for the Intermediate Course.
5. Complete 8 months of study
6. Appear and Pass in either or both Groups of Intermediate Course
7. Successfully complete Four Weeks Integrated Course on Information Technology and Soft Skills (ICITSS) before commencement of the practical training
8. Register for Three years Practical Training on passing either or both the Groups of Intermediate.
9. Register for the Final Course after qualifying both the Groups of Intermediate Course.
10. Successfully complete Four Weeks Advanced ICITSS during the last two years of Practical Training.
11. Complete Practical Training.
12. Appear in Final examination after completion of practical training and Advanced ICITSS.
13. Become Member.
Note: ICAI has decided in principle the above mentioned Scheme. However, the scheme will be notified inthe official Gazette in due course.
CA New Syllabus 2016 | Direct Entry Route
Revised Scheme: Route II – Direct Entry Route
The ICAI allows Commerce Graduates/Post-Graduates (with minimum 55% marks) or Other Graduates/Post-Graduates (with minimum 60% marks) and Intermediate level passed students of Institute of Company Secretaries of India and Institute of Cost Accountants of India to enter directly to its Intermediate Course. The following steps are required to be undertaken by the eligible Graduates and Post Graduates under this route:
1. Register with the BOS for the Intermediate course (provisional registration allowed to the students doing Final year of graduation).
2. Successfully complete Four Weeks Integrated Course on Information Technology and Soft Skills (ICITSS) before commencement of the practical training.
3. Register for Three Years Practical Training.
4. Appear in Intermediate Examination after Nine months of Practical Training.
5. Qualify Intermediate Course.
6. Register for the Final Course after qualifying both Groups of Intermediate Course.
7. Successfully complete Four Weeks Advanced ICITSS during the last two years of Practical Training.
8. Complete Practical Training.
9. Appear in Final examination after completion of practical training and Advanced ICITSS.
10. Become Member
Note: Candidates who have passed Intermediate level examination of ICSI or ICWAI and enter the CA Intermediate course directly shall be treated at par with Foundation passed students and shall have to undergo the CA course in the manner ak into the Foundation passed students.
CA New Syllabus 2016 | Foundation Course
There are 4 papers in CA Foundation course. Remember one thing that Paper 2 and Paper 4 will be Objective type papers. Read below !!
Number of Papers – 4
Paper I: Principles and Practices of Accounting (100 Marks)
Paper 2*: Business Mathematics and Logical Reasoning & Statistics (100 Marks)
- Part I: Business Mathematics and Logical Reasoning (60 Marks)
- Part II: Statistics (40 Marks)
Paper 3: Mercantile Law & General English (100 Marks)
- Part I: Mercantile Law (60 Marks)
- Part II: General English (40 Marks)
Paper 4*: Business Economics & Business and Commercial Knowledge (100 Marks)
- Part I: Business Economics (60 Marks)
- Part II: Business and Commercial Knowledge (40 Marks)
*Paper 2 and Paper 4 will be Objective type papers
Note :
1. Passing percentage:Aggregate- 50% and Subject-wise- 40% at one sitting.
2. Objective type question of I or more marks.
3. Examination: In the month of November and May after passing Class XII