ICAI Changes Pattern of Assessment from May 2019 Examination

ICAI Changes Pattern of Assessment from May 2019 Examination

ICAI has recently issued a notification for introduction of objective type questions for students appearing for May 2019 Exam and onwards.

There would be MCQ type questions of about 30% in four papers of both IPCC and Finals under the Old as well as New Scheme. There would be no negative marking. 30% of the scores, would now compulsorily be based on Multiple Choice Questions. Thus ICAI examination pattern has now changed for May 2019 and subsequent examinations.

Below is Official Announcement: 

PATTERN OF ASSESSMENT FROM MAY 2019 EXAMINATION

Students appearing in the Intermediate and Final Examinations may please note that beginning from May, 2019 attempt, assessment in the following subjects would be partially based on objective type questions:

Intermediate (New Course)		IIPCC (Old Course)
Paper	Subject	Paper
2	Corporate and Other Laws	2	Business Laws, Ethics & Communication
4	Taxation	4	Taxation
6	Auditing & Assurance	6	Auditing & Assurance
7	Enterprise Information     System & Strategic Management	7	Information Technology & Strategic Management

Final (New Course)		Final (Old Course)
Paper	Subject	Paper	Subject
3	Advanced Auditing and Professional Ethics	3	Advanced Auditing and Professional Ethics
4	Corporate and Economic Laws	4	Corporate and Allied Laws
7	Direct Tax Laws and International Taxation	7	Direct Tax Laws
8	Indirect Tax Laws	8	Indirect Tax Laws

In each of the above papers, the weightage for objective type questions would be 30%. The remaining questions i.e., 70% of the paper would be as per the present pattern of assessment. The objective type questions will be in the nature of multiple choice questions having 1 or more marks. There will be no negative marking for wrong answers. It may be noted that objective type questions will be compulsory and there will be no internal or external choice in them. Further details in this regard would be hosted on the Institutes website shortly.