Final exams will be conducted thrice a year from 2025 instead of twice, the Institute of Chartered Accountants of India (ICAI) announced on Thursday.
Last year, the ICAI decided to hold the Intermediate and Foundation course exams three times a year, and now the CA Final exams will follow suit.
“In order to align with global best practices and provide students with greater opportunities, the 26th Council of the ICAI has taken a historic decision to hold the CA Final exam three times a year. This examination was being held twice a year,” the ICAI said in a statement.
“Now, all three levels-CA Final, Intermediate, and Foundation-will have an equal number of attempts each year, providing students with more opportunities to sit for the exam. These exams will be held in the months of January, May, and September,” it added.
The ICAI also announced changes to the Post Qualification Course in Information Systems Audit. “Earlier conducted twice a year in June and December, the Assessment Test for this course will now be held three times a year-February, June, and October-further increasing access and convenience for members,” it added.