The Institute of Chartered Accountants of India (ICAI) today announced a change in the pattern of CA Foundation and Inter exams. As per the new guidelines, the Foundation and Inter exam will be held thrice a year. Till now, ICAI used to hold the CA Inter and Foundation exams twice a year. Candidates will now have three chances to take the CA foundation and inter exams in a year. The change in pattern was announced by Central Council Member (CCM) of ICAIDhirajKhandelwal, on his official Twitter account. “Welcoming move by the ICAI to bring a beneficial change in favour of the CA student fraternity by introducing CA examinations thrice a year for CA Foundation and CA Inter level.” ICAI foundation exam is the first stage exam or the entry-level exam to become a Chartered Accountant in India. Candidates can take the CA foundation exam after qualifying Class 12 exam. CA Intermediate is the next or the second step after foundation exams. The CA intermediate stage consists of two groups of four subjects each. After clearing Foundation, a student becomes eligible to register for the CA Intermediate course. The CA final is the last step in becoming a CA. While the official websites — icai.organd — have not yet updated the notice, it is expected to release there soon.  Meanwhile, ICAI has elected Ranjeet Kumar Agarwal as their new President, who is replacing Aniket S Talati. Additionally, Charanjot Singh Nanda has been elected as Vice President for the Year 2024-25.

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