Introduction
The Institute of Chartered Accountants of India (ICAI) has introduced the CA New Scheme of Education and Training 2023, bringing significant changes to the CA Course curriculum and practical training duration. This blog provides a comprehensive guide on how to convert from the CA Final Old Syllabus to the New Syllabus for the upcoming May 2024 exams.
Conversion from CA Final Old Syllabus to New Syllabus
The process of converting from the CA Final Old Syllabus to the New Syllabus involves several steps. Below, we’ll outline the method for both regular path students and those taking the direct entry route.
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Regular Path Students
Case 1 – Students Eligible for Examination:
For students registered with the Old Course and eligible to appear in the examination but haven’t passed any group yet:
- Conversion Process:Fill out the conversion form on the SSP portal.
- Conversion Fees:Pay the conversion fees of Rs. 1000/- or $50.
- Study Material:ICAI will dispatch study material free of cost, while students bear transportation fees.
Case 2 – Passed Group -1:
For old registered students who have cleared Group 1 with the old course and want to switch to the Revised Scheme:
- Conversion Process:Undergo ICITSS (ITT)/ ICITSS (OC)/ ICITSS (ITT and OC) under the new scheme.
- Practical Training:Commence practical training after conversion.
- Conversion Fees:Pay Rs. 1000/- or $50 for conversion.
- Study Material:Dispatched free of cost by ICAI; students bear transportation charges.
Case 3 – Passed Group – 1 and Commenced Practical Training:
For old registered students who have passed Group 1 and started practical training:
- Option 1:Continue practical training and appear for available attempts for Group 2 with the Old Course.
- Option 2:Switch to the Revised Course by paying conversion charges of Rs 1000/- or $50.
- Study Material:Dispatched by ICAI free of cost; students pay shipping charges.
Case 4 – Passed Group – 2:
For students registered with the old course, who can appear in the first group with the old syllabus till May 2019:
- Option:Switch over to the New Scheme by paying Rs 1000/- or $50.
- Study Material:Dispatched free of cost; students pay shipping charges.
Direct Entry Route:
Case 1 – Eligible for IPC Exam:
For old registered students eligible to appear in the IPC Exam:
- Conversion Process:Convert with the new scheme after payment of conversion charges.
- Study Material:Dispatched free of cost; students bear transportation costs.
Case 2 – Passed Group 1 or Group 2:
For already registered students who have passed either Group 1 or Group 2:
- Option:Appear in IPC examination with the old course or switch over to the new scheme by paying Rs 1000/- or $50.
- Study Material:Dispatched free of cost; students pay shipping charges.
Table: Conversion Process Overview
Student Type | Conversion Process | Conversion Fees | Study Material |
Regular Path | Fill out SSP portal form | Rs. 1000/- or $50 | Dispatched free; students pay fees |
Direct Entry | Convert with new scheme after payment | Rs. 1000/- or $50 | Dispatched free; students pay fees |
This table provides a concise overview of the conversion process for both regular path and direct entry students.
Conclusion:
The conversion from the CA Final Old Syllabus to the New Syllabus for the May 2024 exams involves a systematic process for both regular path students and those taking the direct entry route. It’s essential for candidates to follow the specified steps and deadlines to ensure a smooth transition to the revised scheme. If you have any further queries, refer to the official ICAI notification or seek guidance from the respective educational institute.