ICAI notifies Draft rules for CA New Education Scheme

ICAI notifies Draft rules for CA New Education Scheme

CA New Education Scheme

CA Pratibha Goyal | Jun 23, 2023 |

ICAI notifies Draft rules for CA New Education Scheme

ICAI notifies Draft rules for CA New Education Scheme

The Institute of Chartered Accountants of India (ICAI) has notified Draft rules for New Education Scheme. These regulations are the Chartered Accountants (Amendment) Regulations, 2023.

The New scheme for Education and Training has been introduced by ICAI for developing a comprehensive curriculum at par with international standards.

After taking into account the suggestions from various stakeholders, the Institute of Chartered Accountants of India (ICAI) developed the New Scheme of Education and Training in accordance with international educational standards and the National Education Policy, 2020 (NEP). The New Scheme of Education and Training will take effect on July 1st, 2023, and was announced in the Indian Gazette on June 22nd, 2023.

Important dates for the implementation of New Scheme of Education and Training are given as under:

S.No.ParticularsDate/ Attempt
1Last date for Registration in Foundation under Existing Scheme1st July, 2023
2Last date for Registration in Intermediate and Final Courses under Existing Scheme30th June, 2023
3Date of commencement of Registration and Conversion in Foundation Course under New Scheme2nd August, 2023
4Date of commencement of Registration and Conversion in Intermediate and Final Courses under New Scheme1st July, 2023
5First Foundation Examination under New SchemeJune, 2024
6First Intermediate and Final Examination under New SchemeMay, 2024
7Last Foundation Examination under Existing SchemeDecember, 2023
8Last Intermediate and Final Examination under Existing SchemeNovember, 2023
9Last date of commencement of three years Practical Training30th June, 2023
10Date of commencement of two years uninterrupted Practical Training1st July, 2023

Syllabus, Transition Scheme and Frequently Asked Questions (FAQs) will be hosted on 1st July, 2023. Paper wise exemption plan will be announced in due course.

Here is the link to read the notification

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button
Join Membership

In case of any Doubt regarding Membership you can mail us at [email protected]

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"




Author Bio
My Recent Articles
RCM Self Invoice required to be generated within 30 Days [CBIC notifies new Rule] GST Annual Return and Reconcilliation Statements Offline Utility for FY 23-24 Released ITC Reconciliation from GSTR-2B instead of GSTR-2A in Form GSTR-9 from FY 2023-24 onwards [GST Notification] GST Annual Return: Optional Table for GSTR-9 FY 2023-24 Interest on failure to Deduct/Pay TDS/TCSView All Posts