Coronavirus spread has caused concern across the country and whole nation has gone into a lock down. The circular released by ICAI says the CA exams were scheduled to be held from 2 to 18 May as per earlier planned schedule.

Foundation Course Examination under the new scheme and [As per syllabus contained in the scheme notified by the  Council under Regulation 25 F (3) of the Chartered Accountants Regulations, 1988.] will be held on 27,29 June and 1and3 July.

Intermediate Course Examination – Under new scheme [As per syllabus contained in the scheme notified by the Council under Regulation 28 G (4) of the Chartered Accountants Regulations, 1988.] will be held on for Group I on 20,22,24 and 26 June and for Group II it will be held on 28,30 June, 2 and 4 July.

May 2020 CA exams

Final course examination – Under new scheme [As per syllabus contained in the scheme notified by the Council under Regulation 31 (iv) of the Chartered Accountants Regulations, 1988.] will be held for Group I on 19,21,23 and 25 June 2020 and for Group II it will be held on 27,29 June and 1and3 July.

The part I examination of International Trade Laws and World Trade Organisation “(ITL and WTO) will be held on 20 and 22 June for Group A and 24 and 26 June for Group B. Assessment test for International Taxation (INTT-AT) will be held on 27 and 29 June.

Also read ‘NEET exam is also postponed’

The circular again says there would be no change in the examination schedule in the event of any
day of the examination schedule being declared a Public Holiday by the Central Government or any State
Government/Local Holiday.

Candidates may note that two of the papers namely Paper(s) 3 and 4 of Foundation Examination are of 2 hours duration. Similarly, Elective Paper – 6 of Final Examination (under New Scheme) is of 4 hours.  However, all other examinations are of 3 hours duration.

In Paper 3 and 4 of Foundation Examination and all papers of Post Qualification Course Examinations there will not be any advance reading time, whereas in all other papers/exams mentioned above, an advance reading time of 15 minutes will be given from 1.45 PM to 2 PM.

May 2020 CA exams

Foundation Course Examination is to be held along with Final Group –II Examinations on 27,29 June and 1and3 July and the Post Qualification Course Examination, that is, INTT – AT is to be held along with Final Group – II Examination on 27and29 June.

And ITL & WTO examination is to be held along with 4 papers, Group – I of Intermediate (IPC)/Intermediate Examinations. Detailed notification about the new schedule for CA exams is available here.

About ICAI

The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Parliament, viz. The Chartered Accountants Act, 1949 (Act No.XXXVIII of 1949) for regulating the profession of Chartered Accountancy in the country.

The Institute, functions under the administrative control of the Ministry of Corporate Affairs, Government of India. The ICAI is the second largest professional body of Chartered Accountants in the world, with a strong tradition of service to the Indian economy in public interest.

May 2020 CA exams – The affairs of the ICAI are managed by a Council in accordance with the provisions of the Chartered Accountants Act, 1949 and the Chartered Accountants Regulations, 1988.

The Council constitutes of 40 members of whom 32 are elected by the Chartered Accountants and remaining 8 are nominated by the Central Government generally representing the Comptroller and Auditor General of India, Securities and Exchange Board of India, Ministry of Corporate Affairs, Ministry of Finance and other stakeholders.

Over a period of time the ICAI has achieved recognition as a premier accounting body not only in the country but also globally, for maintaining highest standards in technical, ethical areas and for sustaining stringent examination and education standards. Since 1949, the profession has grown leaps and bounds in terms of members and student base.

This collaboration agreement seeks to capitalize on the strengths of both institutions, broadening the learning experience for students enrolled in the Bachelor of Science (BS) programs at IIT Madras and undergraduate programs at IIT Palakkad.

To date, over 30,000 students are actively participating in this program, fostering a vibrant and interactive learning community, say sources from IIT Palakkad.

Director of IIT Madras

Welcoming this collaboration, Prof. V. Kamakoti, Director, IIT Madras, said IIT Madras is committed to reach quality education to every deserving student in our country. This initiative with IIT Palakkad is a very significant step towards reaching the goals.

We are enthusiastic about mentoring these bright minds. Our courses and internships have a strong emphasis on hands-on learning and innovation, said director of IIT Palakkad.

This collaboration with IIT Madras will build a robust foundation that equips students with the skills, insights, and networks they need to excel, he said.

Key features

The key features of this collaboration include:

Ø Credit Transfer from IITPkd Courses: IIT Madras BS (Data Science and Applications) students who meet the eligibility criteria can fulfil their credit requirements by taking courses at IIT Palakkad, promoting an exchange of academic resources and expertise.

Ø Access to IIT Madras Courses for IIT Palakkad Students: The MoU allows undergraduate students at IIT Palakkad to enrol in courses on Data Science and Programming from the IIT Madras BS program, ensuring equitable access to these cutting-edge skills.

Ø Support for Additional Initiatives: The collaboration will also facilitate student exchange programs, internship opportunities, and other joint initiatives.

Commitment

This collaboration between IIT Madras and IITPkd highlights the commitment of both institutions to enrich student experiences through cross-disciplinary exposure, practical learning, and research opportunities.

It aims to create a robust academic ecosystem that utilizes the expertise and infrastructure of both IITs.

Collaboration

IIT Madras has been collaborating with other leading institutions in the country to provide in-person learning opportunities for final-year students in the BS program.

IIT Gandhinagar, IIIT Hyderabad, and Chennai Mathematical Institute (CMI) have already made their campus courses available to eligible students from the IIT Madras BS (Data Science) degree program.

About IIT Palakkad

Established in 2015, the Indian Institute of Technology, Palakkad is dedicated to creating an environment that enables students and faculty to engage in the pursuit of knowledge, to dream, think, and innovate thereby becoming change agents for a better world.

Having begun with just 120 students in July 2015, IIT Palakkad has since grown into an establishment that is about a thousand students strong and with the best manpower in key positions.

IITPkd aims to become a multi-disciplinary institution with 5000 students by its 10th year. The Institute recognizes collective growth, in collaboration with industry and other academic institutions, as the need of the time and emphasizes blue-sky research and directed research as two essential pillars of technology development.

The Institute embraces a vision to be a leader in cross-disciplinary inquiries, and to contribute to the potential that India’s demographic dividend represents for the country and the world, which is embodied in the motto of the institute “Nurturing minds for a better world”.

Also Read – IIT Guwahati and Assam Government launch great symposium