Tough times call for chartered accountancy aspirants as changes in the curriculum are being proposed. The new curriculum and exam pattern of CA courses will be revised from the next academic year in May 2017.
Devaraja Reddy, President of Institute of Chartered Accountants of India (ICAI), said that all Chartered Accountancy (CA) aspirants will have to take a test for a Foundation Course that will replace the Common Proficiency Test (CPT) for all CA students. The course will include English vocabulary, analytic and mercantile approach studies. The test will be of 400 marks in which equal weight will be given to subjective and objective questions.
Click HERE to check the proposed curriculum.
Aspirants clearing the Foundation Course will have to sit for an eligibility test to enter intermediate. Reddy also said that the ICAI has sent their recommendations to the defence minister, Manohar Parrikar for involving CAs, in a better and efficient way in the defence sector. “We are also targeting minimise the cost of CA education, i.e., minimum Rs. 50,000 is enough for course completion, which any family would be able to afford.”, he added.
To know more about CA-CPT, click HERE.