06 Dec
CA, CA Final

CA Final Registration for May 2025: Complete Details

The Chartered Accountancy (CA) journey culminates with the CA Final examination, a significant milestone for aspiring Chartered Accountants. Registration for the CA Final course is crucial to achieving this goal. This blog provides a comprehensive guide to the CA Final Registration for May 2025, covering everything from eligibility criteria to fees, step-by-step registration processes, and preparation tips.

ICAI CA Final Registration May 2025

The CA Final Registration for May 2025 is open year-round, but students must complete their registration before the deadline. The last date to register for the May 2025 attempt is January 1, 2025.
Key Dates for CA Final Registration May 2025:

Particulars Dates
Last Date for CA Final Registration January 1, 2025
Exam Form Availability February 2025
Exam Dates To be announced

Registering must be completed online through the ICAI’s Self-Service Portal (SSP). Once registered, candidates will receive their study materials via ICAI’s Centralized Dispatch System (CDS).

Eligibility Criteria for the CA Final Registration 2025

Before registering, candidates must meet the following eligibility requirements:

1. CA Intermediate Clearance: Candidates must have cleared both groups of the CA Intermediate or CA IPCC examination with at least 50% aggregate and 40% in individual subjects.
2. Articleship Completion: Candidates should have completed at least 2.5 years of articleship training.

Step-by-Step Guide to Register for CA Final Exam 2025

Follow these steps to register for the CA Final course online:

1. Visit the ICAI Website: Go to the official ICAI website and log in to the SSP Portal using your credentials.
2. Select ‘Student Cycle’: Choose the CA Final course under the student cycle section.
3. Complete the Registration Form: Verify your details, upload the required documents, and select preferences for elective papers and examination centers.
4. Pay the Fees: Pay the registration fee of ₹22,000 for both groups through debit/credit card or net banking.
5. Confirm and Download: After successful payment, download the confirmation PDF, which includes your registration number and course details.

Documents Required for CA Final Registration 2025

Ensure you have scanned copies of the following documents ready:

● Recent passport-sized photograph.
● Scanned signature.
● Attested copy of CA Intermediate/CA IPCC result.
● Attested copy of CA Foundation/CPT result.
● Nationality certificate (if applicable).
● Special category certificate (if applicable).

ICAI CA Final Registration Fees for Both Groups 2025

The CA Final registration fees vary for Indian and overseas students:

Particulars Single Group Both Groups
Indian Students ₹22,000 ₹22,000
Foreign Students (US $) $1,100 $1,100

Other associated fees include:
● Practical Training Fees: ₹14,500
● Examination Fees: ₹1,800 for a single group, ₹3,300 for both groups.

ICAI CA Final Registration Fees 2025

Here’s a breakdown of the total registration fees for CA Final:

Nationality CA Final Registration Fees
Indian Students ₹22,000
Foreign Students (US $) $1,100

Next Steps After Registering for the CA Final Course - May 2025

Once registered, it’s essential to plan effectively to prepare for the exams. Here are some key steps:

1. Design a Study Plan
● Allocate study hours for each subject.
● Aim to complete the syllabus by March 2025 and reserve April for revisions.

2. Gather Study Materials
● Collect ICAI modules, past question papers, and mock test papers

3. Enroll in Coaching (If Needed)
● Join CA Final coaching for subjects you find challenging to gain expert guidance.

4. Focus on Articleship
● Leverage your articleship experience to strengthen practical concepts related to the CA Final syllabus.

5. Stay Motivated
● Join study groups and follow ICAI updates to stay on track.

CA Final Registration Validity

The CA Final registration is valid for five years. During this period, candidates can attempt the exam up to 10 times. If the validity expires, candidates must reapply and pay a revalidation fee of ₹500.

Conclusion

Registering for the CA Final Course for May 2025 is the first step toward becoming a Chartered Accountant. You can confidently face the exams with proper preparation, dedication, and the right guidance. At Vsmart Academy, we offer expert coaching, comprehensive study materials, and personalized mentorship to help you achieve your CA dreams.

Start your CA Final journey today with Vsmart Academy and take one step closer to a successful career!

06 Sep
CA Final

Your Ultimate Guide to CA Final Course: Nov 2024 Exam Preparation

The CA Final Course is the ultimate achievement for any student who wishes to become a Chartered Accountant; it is the last step ahead of achieving the title of a CA. Preparation for CA Final examinations strategically starts with understanding the eligibility criteria and mastering the vast syllabus. This guide will help you go through every essential detail required to ace the CA Final Course for the November 2024 attempt.

Introduction

The CA Final Course is the last challenge before earning the Chartered Accountant designation. With the right preparation, you can overcome this challenge and achieve your professional goals. This blog will provide you with a comprehensive roadmap, covering key dates, registration details, syllabus breakdown, and effective preparation strategies to ensure your success in the Nov 2024 exams.

Key Dates for CA Final Course in Nov 2024

Staying updated with important dates is crucial for timely preparation. Below are the key dates for the CA Final Course in November 2024:

  • Last Date to Register: July 1, 2024
  • CA Final Exam Form Submission: August 7–20, 2024 (without late fees)
  • CA Final Exam Dates: November 1, 3, 5, 7, 9, and 11, 2024
  • Correction Window: August 24–26, 2024
  • Admit Card Release: 15 days before exams

Mark these dates on your calendar and plan your preparation accordingly to avoid any last-minute rush.

CA Final Course 2024: The Complete Journey

The journey to becoming a CA Final candidate involves several stages, each requiring careful attention:

  1. Eligibility: Clear both groups of the CA Intermediate exams and complete a 2.5-year articleship.
  2. Registration: Register online and pay the necessary fees.
  3. Preparation: Begin studying early to cover the extensive syllabus effectively.
  4. Exam Form Submission: Fill out the exam form in September 2024.
  5. Admit Card: Download it 14 days before the exam.
  6. Exams: Appear for exams starting November 1, 2024.
  7. Results: Expect results around January 2025.

This structured approach ensures that you remain on track and focused throughout your CA Final preparation journey.

Eligibility Criteria for CA Final Course in November 2024

To be eligible for the CA Final November 2024 exams, you must meet the following criteria:

  • Successfully clear both groups of the CA Intermediate exam.
  • Complete a 2.5-year articleship or be on the verge of completion.
  • Register for the CA Final Course by July 1, 2024, ensuring your registration is valid at the time of filling out the exam form.

Meeting these criteria is essential to securing your place in the CA Final exams.

How to Register Online for the CA Final Course

Registering for the CA Final Course is a straightforward process if you follow these steps:

  1. Visit the official ICAI website.
  2. Log in with your password and registration ID.
  3. Select the “Student Cycle” option from the SSP portal.
  4. Choose the CA Final level and proceed with registration.
  5. Fill in the required details (pre-filled from CA Intermediate registration).
  6. Upload necessary documents as per the prescribed format.
  7. Pay the registration fees online using net banking, credit, or debit cards.
  8. Save and print the registration form for future reference.

This online process is designed to be user-friendly, ensuring a smooth registration experience.

CA Final Registration Fees

The registration fees for the CA Final Course are as follows:

  • Indian Students: ₹22,000
  • Foreign Students: $1,100

Ensure that you have the payment details ready when registering, as the process is incomplete without paying the registration fee.

CA Final Syllabus and Subjects for Nov 2024

The CA Final syllabus is divided into two groups, each containing three papers. ICAI has updated the syllabus for the November 2024 attempt, reflecting the latest industry trends and standards.

Group 1 Subjects (New Syllabus)
  1. Paper-1: Financial Reporting
  2. Paper-2: Advanced Financial Management
  3. Paper-3: Advanced Auditing, Assurance, and Professional Ethics
Group 2 Subjects (New Syllabus)
  1. Paper-4: Direct Tax Laws & International Taxation
  2. Paper-5: Indirect Tax Laws
  3. Paper-6: Integrated Business Solutions (Multidisciplinary Case Study with Strategic Management)

These subjects require a deep understanding of complex concepts, making early and consistent preparation essential.

CA Final Exam Form for Nov 2024

After registration, the next critical step is filling out the CA Final exam form. The ICAI has set the form submission dates from August 7 to August 20, 2024, without late fees. Make sure to:

  • Review all details carefully before submitting.
  • Keep a checklist of required documents to avoid any errors.
  • Take note of the correction window from August 24 to 26, 2024, in case any changes are needed.

Submitting the exam form accurately and on time is crucial for your exam readiness.

Preparation Strategies for CA Final in Nov 2024

Effective preparation is key to excelling in the CA Final exams. Here are some strategies:

  • Create a Study Schedule: Allocate time for each subject, focusing on both understanding and revision.
  • Practice with Mock Tests: Regularly attempt mock tests to simulate exam conditions.
  • Use ICAI Study Material: Rely on ICAI’s official study material and recommended books for comprehensive coverage.
  • Join a Coaching Class: Consider enrolling in a reputable coaching institute like Vsmart Academy for expert guidance.

These strategies will help you cover the vast syllabus effectively and ensure you are well-prepared for the exams.

Effective Tips to Succeed in CA Final Exam Nov 2024

To maximize your chances of success in the CA Final exams, keep these tips in mind:

  • Time Management: Develop a timetable that balances study, revision, and relaxation.
  • Master the Calculator: Efficient use of a calculator can save precious time during exams.
  • Stay Relaxed: Take regular breaks to avoid burnout and maintain productivity.
  • Equal Focus: Give equal attention to all subjects to ensure a balanced preparation.

Incorporating these tips into your study routine can significantly improve your performance in the exams.

CA Final Admit Card

The CA Final admit card is released 15 days before the exams. It is a crucial document, as you will not be allowed to sit for the exams without it. Important points to remember:

  • Download the admit card from the ICAI website.
  • The admit card can be downloaded only three times, so make multiple copies.
  • Check all details on the admit card, including your name, examination centre, and timings.

Ensuring you have your admit card ready will help avoid any last-minute issues on exam day.

Conclusion

Preparing for the CA Final Course in November 2024 requires meticulous planning and consistent effort. By following this guide, you’ll be well-equipped to tackle each stage of the preparation process, from registration to results. Remember, the journey may be challenging, but with dedication and the right strategies, you can successfully clear the CA Final exams and take the final step towards becoming a Chartered Accountant. Good luck!

08 Aug
CA, CA Final

CA Final Nov 2024 Exam Dates Released: Eligibility, Registration & Syllabus Guide

The way to become a Chartered Accountant is very long, difficult and full of commitment and perseverance. The CA Final exam that is conducted by the Institute of Chartered Accountants of India (ICAI) is the final and most challenging way ahead. Recently, ICAI announced the dates for the CA Final Nov 2024 exam. Let’s bring to you Vsmart Academy’s guide related to the dates of exams, eligibility criteria, registration process, syllabus, and pattern of examination.

ICAI CA Final Exam Dates Nov 2024

The ICAI has announced the CA Final Nov 2024 exam schedule. Aspiring candidates should mark their calendars to ensure they don’t miss any important deadlines. The exams will be held from November 1 to November 11, 2024.

Important Dates for CA Final Nov 2024 Exam

Event Date
Registration Start Date August 7, 2024
Registration End Date (Without Late Fee) August 20, 2024
Registration End Date (With Late Fee) August 23, 2024
Exam Dates – Group I November 1, 3, 5, 2024
Exam Dates – Group II November 7, 9, 11, 2024

It’s crucial for candidates to follow these dates to avoid any last-minute issues.

CA Final Exam Time Table Nov 2024

The detailed timetable for the CA Final Nov 2024 exam is outlined below. This schedule helps candidates plan their study time effectively and ensures they are well-prepared for each subject.

CA Final Exam Time Table Nov 2024

Group Paper Subject Exam Date
Group I Paper 1 Financial Reporting November 1, 2024
Group I Paper 2 Advanced Financial Management November 3, 2024
Group I Paper 3 Advanced Auditing & Professional Ethics November 5, 2024
Group II Paper 4 Direct Tax Laws & International Taxation November 7, 2024
Group II Paper 5 Indirect Tax Laws November 9, 2024
Group II Paper 6 Integrated Business Solutions November 11, 2024

CA Final Exam Eligibility Criteria

Before registering for the CA Final exam, candidates must ensure they meet the eligibility criteria set by ICAI. This includes completing certain academic and practical training requirements.

Eligibility Criteria for CA Final Exam

  1. Completion of Articleship Training: Candidates must have completed their articleship training, which is a practical training program.
  2. Clearing Both Groups of CA Intermediate: Candidates must have cleared both groups of the CA Intermediate exam.
  3. Completion of AICITSS: For those transitioning from the old scheme to the new one, completing the Advanced Integrated Course on Information Technology and Soft Skills (AICITSS) is mandatory.

CA Final Exam Syllabus

The CA Final syllabus is comprehensive, covering various subjects that are crucial for a Chartered Accountant. The syllabus is divided into two groups, each containing three papers.

CA Final Exam Syllabus

Group Paper Subject Marks
Group I Paper 1 Financial Reporting 100 Marks
Group I Paper 2 Advanced Financial Management 100 Marks
Group I Paper 3 Advanced Auditing, Assurance And Professional Ethics 100 Marks
Group II Paper 4 Direct Tax Laws & International Taxation 100 Marks
Group II Paper 5 Indirect Tax Laws (Part I: Goods and Services Tax, Part II: Customs & FTP) 80 Marks, 20 Marks
Group II Paper 6 Integrated Business Solutions (Multi-Disciplinary Case Study With Strategic Management) 100 Marks

This detailed syllabus helps candidates understand the areas they need to focus on during their preparation.

CA Final Exam Pattern FY 2024

Understanding the exam pattern is essential for effective preparation. The CA Final exam pattern includes details on the mode of exam, duration, and types of questions.

CA Final Exam Pattern FY 2024

Particulars Details
Mode of Exam Offline
Frequency Twice a year (May/June and November/December)
Level of Exam National-level exam
Number of Papers 6 papers (new syllabus)
Duration 3 hours per paper (Paper 6: 4 hours)
Negative Marking No

The exam pattern provides candidates with a clear idea of what to expect and how to prepare accordingly.

Conclusion

The CA Final Nov 2024 exam is a critical milestone for all aspiring Chartered Accountants. By understanding the exam dates, eligibility-criteria, registration-process, syllabus, and exam pattern, candidates can better prepare for this challenging exam. We hope this guide helps you in your preparation and wish you the best of luck in your CA journey.

For more updates and study resources, stay tuned to Vsmart Academy!

05 Jul
CA, CA Final

ICAI CA Final Result May 2024: Achieve Your CA Dreams with Vsmart Academy

Introduction

At Vsmart Academy, we understand the dedication and hard work required to become a Chartered Accountant. Our mission is to support and guide students through every step of their CA journey. With the results of the Chartered Accountants Final Examinations held in May 2024 soon to be declared, it’s an exciting time for aspiring CAs. In this comprehensive blog, we’ll provide you with all the essential information about the CA Final Result for May 2024 and highlight how Vsmart Academy can help you achieve your CA dreams.

CA Final Result for May 2024

The CA Final and Intermediate results for May 2024 are highly anticipated, marking a significant milestone in the careers of countless aspiring Chartered Accountants. Whether you’re awaiting your results or planning to embark on your CA journey, Vsmart Academy is here to support you with top-notch resources and expert guidance.

Date and Time of CA Final May Result 2024

The Institute of Chartered Accountants of India (ICAI) is expected to declare the CA Final Result for May 2024 on 11th July 2024 at 11:00 AM. Stay tuned to the official ICAI website (icai.nic.in) for the latest updates.

Steps to Download CA Final May Result 2024

Accessing your CA Final and Intermediate results is straightforward. Follow these simple steps:

  1. Visit the ICAI official website: icai.nic.in.
  2. Click on the “Results” section.
  3. Select “Final (New)” or “Intermediate” as applicable.
  4. Enter your ICAI Final Roll number, Registration number, or PIN.
  5. Click on “Check Result.”
  6. Your result will be displayed in a new window. Save and print it for future reference.

Details Mentioned on the CA Final May Result 2024

Your CA Final and Intermediate results will include the following details:

  • Your Name
  • Registration Number
  • Roll Number
  • Result Status (Pass/Fail)
  • Marks Obtained in Each Group
  • Total Marks
  • Rank (if applicable)
  • Overall Percentage

Verification of Results

If you have any doubts about your result, you can apply for verification of marks. The ICAI allows candidates to request verification within one month of the result declaration. The verification process usually takes 6-8 weeks. If any changes are made, a revised statement of marks will be sent to your registered address.

Next Steps for CA Inter Pass Outs

Congratulations to those who have cleared the CA Intermediate exams! Your journey is far from over, and Vsmart Academy is here to help you prepare for the next phase. Our expert faculty, comprehensive study materials, and mock tests will ensure you’re well-prepared for the CA Final exams.

Next Steps for CA Final Pass Outs

Clearing the CA Final exams is a monumental achievement. Here are some steps you can take next:

  • Apply for ICAI Membership: Become a certified Chartered Accountant.
  • Advanced Certifications: Pursue courses like CISA, CFA, or CPA.
  • Gain Practical Experience: Join accounting firms or organizations for hands-on experience.
  • Specialize: Focus on areas like taxation, audit, finance, or consulting.
  • Further Education: Consider an MBA or specialized courses.
  • Entrepreneurship: Start your independent practice.
  • Networking: Attend professional development events and conferences.
  • Teaching and Academia: Explore opportunities in education.

How to Check ICAI Final Result May 2024 by SMS?

To get your CA Final result via SMS, follow these steps:

  1. Create a new message.
  2. Type: CAFINALNEW(space)XXXXXX (where XXXXXX is your 6-digit final examination roll number).
  3. Send the message to 57575.

Pass Percentage and Toppers

The pass percentage and toppers list for the CA Final Result for May 2024 exams will be released along with the results. Here’s a quick overview of the pass percentage for previous exams:

Group Appeared Passed Pass Percentage
Group 1 57,067 6,795 11.91%
Group 2 61,844 19,438 31.43%
Both Groups 25,841 2,152 8.33%

Conclusion

At Vsmart Academy, we are committed to providing the best education and guidance for CA aspirants. With our expert faculty, comprehensive study materials, and personalized support, we ensure that our students are well-prepared to excel in their exams and beyond. As you await your CA Final Result for May 2024, remember that Vsmart Academy is here to help you achieve your professional goals. Join us today and take the first step towards a successful career as a Chartered Accountant.

CA Final IDT
07 Mar
CA Final

Get Ahead on the CA Final IDT Exam with These Insider Tips and Strategies!

Introduction to CA Final IDT

The Chartered Accountancy (CA) journey in India reaches its pinnacle with the CA Final, the last and most challenging phase. The CA Final Indirect Tax (IDT) exam stands out as a significant hurdle in this prestigious qualification process. Taking place twice a year in May and November, this examination demands meticulous preparation and strategic planning for success.

Syllabus Overview

The CA Final IDT paper, classified into three key sections, plays a pivotal role in shaping a candidate’s success:

Central Excise

  • Rules, Circulars, and Notifications related to the Central Excise Act of 1944 and the Central Excise Tariff Act of 1985.

Service Tax

  • In-depth exploration of the Service Tax framework.

GST (Goods and Services Tax)

  • Detailed coverage of GST, encompassing the levy and collection of CGST and IGST, concept of supply, place of supply, time and value of supply, input tax credit, and more.

Study Material for CA Final IDT

Effective preparation for the CA Final IDT exam begins with the right study material. The Institute of Chartered Accountants of India (ICAI) provides comprehensive study material, covering all essential chapters and units. This official material can be complemented with additional course books and online resources for a holistic understanding.

CA Final IDT Study Material:

  • Module-wise breakdown including chapters like Supply Under GST, Charge Of GST, Place of Supply, Exemptions from GST, Time of Supply, and more.
  • Vsmart Academy offers valuable notes and techniques for effective preparation.

Previous Year Exam Papers

Practicing with previous year exam papers is a strategic approach to excel in the CA Final IDT exam. This practice provides insights into the exam pattern, question formats, and the level of difficulty. Here are essential resources for candidates:

CA Final IDT Question Papers with Suggested Answers 2024:

  • Access to previous year’s question papers for May 2022, December 2021, July 2021, and January 2021.

CA Final IDT Paper Mock Test Papers 2024:

  • Utilize revised mock test papers for Series I and Series II to gauge your preparation level and enhance performance.

CA Final IDT Paper 2024 Weightage - Chapter Wise for New Course

Sections
Part I – GST (75 Marks)
Weightage
Section I Chapter 1: Levy and collection of CGST and IGST – Application of CGST/IGST law; Concept of supply including composite and mixed supplies, inter-state supply, intra-state supply, supplies in territorial waters; Charge of tax (including reverse charge); Exemption from tax; Composition levy 45%-65%
Section II Chapter 1(vii): Procedures under GST including registration, tax invoice, credit and debit notes, electronic waybill, accounts and records, returns, payment of tax including tax deduction at source and tax collection at source, refund, job work Chapter 1(viii): Liability to pay in certain cases <10%-30%
Section III Chapter 1(xi): Demand and Recovery Chapter 1(xii): Offences and Penalties Chapter 1(xiii): Advance Ruling Chapter 1(xiv): Appeals and Revision 10%-25%
Section IV Chapter 1: Introduction to GST in India including Constitutional Aspects Chapter 1(ix): Administration of GST; Assessment and Audit Chapter 1(x): Inspection, Search, Seizure, and Arrest Chapter 1(xv): Other Provisions 5% -10%
Sections
Part II – Customs and FTP (25 Marks)
Weightage
Section I Chapter 1(ii): Levy of and exemptions from customs duties – All provisions including the application of customs law, taxable the event, a charge of customs duty, exceptions to levy of customs duty, exemption from customs duty Chapter 1(iii): Types of customs duties Chapter 1(iv): Classification of imported and export goods Chapter 1(iv): Valuation of imported and export goods 40% -65%
Section II Chapter 1(vi): Import and Export Procedures including special procedures relating to baggage, goods imported or exported by post, stores Chapter 1(ix): Drawback Chapter 1(x): Refund Foreign Trade Policy Chapter 2(ii): Basic concepts relating to export promotion schemes provided under FTP 20% – 45%
Section III Chapter 1(1): Introduction to customs law including Constitutional aspects Foreign Trade Policy Chapter 2(1): Introduction to FTP – legislation governing FTP, salient features of an FTP, administration of FTP, contents of FTP and other related provisions Chapter 2(i): Basic concepts relating to import and export 10% – 20%

Preparation Tips for CA Final IDT

Paper Pattern:

  • Understand the subjective nature of the paper.
  • Total questions: 100
  • Exam duration: 3 hours
  • Maximum marks: 100
  • Answering 5 out of 6 questions. 

Must Read – https://www.vsmartacademy.com/blog/preparation-strategy-to-score-good-marks-in-ca-final-idt/

Assessment Pattern Ratio:

  • 30:70 ratio for analytical skills, comprehensive knowledge, and reporting efficiency.

Verb Usage:

  • Follow ICAI’s list of verbs with illustrations, such as recommend, evaluate, advice, produce, prioritize, interpret, discuss, and more.

Weightage Allocation:

  • Chapter-wise weightage for GST, Customs, and FTP to prioritize preparation effectively.

Revision Techniques:

  • Regular revisions of important chapters.
  • Utilize ICAI’s recommended reference for quick revision.
  • Sample questions for the 30:70 assessment to enhance learning.

Conclusion

In conclusion, success in the CA Final IDT exam requires a strategic and comprehensive approach. By understanding the syllabus, utilizing study materials effectively, practicing with previous year’s papers, and following the recommended preparation tips, candidates can position themselves for success in this challenging examination.

02 Oct
CA, CA Final, CMA Final, ICAI

The Ultimate Guide to ICAI CA Final IDT Study Material Nov 2023

For aspiring Chartered Accountants and Cost Accountants, the journey to achieving their coveted designations is both challenging and rewarding. The CA Final and CMA Final examinations are the last milestones on this journey. In this blog, we’ll take a closer look at the ICAI CA Final IDT Study Material for the November 2023 exam and explore valuable insights into preparation strategies. Whether you’re a CA or CMA final student, or if you’re simply seeking to enhance your knowledge of indirect tax, read on to discover a wealth of information.

Unlocking the Potential of ICAI CA Final IDT Study Material

  1. Comprehensive Coverage: The study material for Final IDT offers extensive coverage of the subject. It encompasses GST (Goods and Services Tax) and Customs Law, ensuring that aspirants have a holistic understanding of indirect taxation laws. This comprehensive approach is particularly beneficial as indirect taxes play a vital role in the country’s economic landscape.
  2. Recent Updates: Tax laws are dynamic, with frequent amendments and changes. The  study material is regularly updated to reflect the latest legal provisions, case laws, and amendments. This ensures that candidates are well-prepared to tackle questions on the most current regulations in the examination.
  3. In-Depth Explanation: The study material goes beyond a mere surface-level understanding. It provides in-depth explanations of concepts, enabling candidates to grasp the intricacies of indirect taxation. This is crucial, as the Final IDT examination often demands a profound understanding of the subject matter.

CA Final IDT Classes and Online Resources

  1. CA Final IDT Classes: Many reputed coaching institutes and independent educators offer CA Final IDT classes. These classes are conducted by experienced faculty members who provide valuable insights, practical examples, and exam-oriented guidance. Attending these classes can be immensely beneficial, as they provide a structured approach to learning the subject.
  2. CMA Final IDT Classes: While CMA (Cost and Management Accounting) and CA (Chartered Accountancy) have distinct curricula, there is an overlap when it comes to indirect tax. Therefore, CMA Final IDT classes can also be advantageous for CA Final IDT aspirants. They cover common topics and help students gain a comprehensive understanding of indirect taxation.In addition to the study material, candidates can further enhance their preparation through CA Final IDT (MK) classes and online resources. Here’s how:
  3. Online Classes: In today’s digital age, online classes have gained immense popularity. CA Final online classes offer flexibility and accessibility, allowing candidates to learn at their own pace. These classes are often equipped with recorded lectures, study materials, and mock tests to aid in comprehensive exam preparation.

Preparing for CA Final IDT 2023

  1. Start Early: Begin your preparation well in advance to cover the vast syllabus thoroughly. Create a study schedule and stick to it.
  2. Use Study Material Wisely: The ICAI study material is your primary resource. Make sure to read it thoroughly, understand the concepts, and practice the questions provided.
  3. Take Mock Tests: Mock tests are invaluable for assessing your readiness for the exam. They simulate the exam environment and help you identify areas where you need improvement.
  4. Seek Guidance: Don’t hesitate to reach out to experienced faculty or peers if you have doubts or need clarification on any topic. Joining coaching classes can also provide structured guidance.
  5. Stay Updated: Given the dynamic nature of tax laws, stay updated with the latest amendments and case laws. Subscribe to tax-related newsletters or websites for regular updates.Here are some tips to prepare effectively for the CA Final IDT 2023 examination:
  6. Practice Regularly: Practice is the key to success. Solve previous years’ question papers and attempt practice questions regularly to reinforce your understanding.

Conclusion

The ICAI CA Final IDT Study Material for November 2023, along with CA Final IDT classes and online resources, offers a comprehensive toolkit for aspirants aiming to conquer the challenges of indirect taxation. By utilizing these resources effectively, staying committed to your preparation, and keeping yourself updated with the latest developments, you can enhance your chances of success in the CA Final IDT 2023 examination. Whether you’re pursuing a career in Chartered Accountancy or Cost and Management Accounting, a solid grasp of indirect taxation is a valuable asset in the ever-evolving world of finance and taxation.

14 Mar
CA Final

Preparation Strategy to Score Good Marks in CA Final IDT

Table of Content

  1. Preparation strategy
  2. Weightage and Past Trends of CA Final IDT
  3. Which Chapters to Start Studying for CA Final IDT?
  4. From which chapter to start preparing
  5. Conclusion

We are aware that CA final students experience the most tension when preparing the IDT Exam because GST is the subject that is discussed the most everywhere. IDT is really an intriguing subject that some students really enjoy, but it somehow gets overlooked by other students. Hence, this is a tiny attempt to assist students in their quest to not only pass this course but also earn an exemption from IDT. The GST and Customs sections make up the entirety of the IDT subject. I believe that students should attempt to finish the customs section first since it will give them confidence that they have completed at least 30-35 of their paper’s marks in an appropriate manner.

Preparation strategy

  1. Understanding Concept

Conceptual clarity is the foundation for both GST and customs. As this subject combines both theoretical and practical components, I believe that if students concentrate on concepts appropriately, they will never have any significant problems with the subject.

  1. Refer Institute’s Material

The majority of pupils commit this error. The Institute is the organisation that oversees the tests, therefore why is it so hard to comprehend that the information offered by the Institute also holds some significance? Studying the course material through coaching notes is absolutely acceptable, however students should also work through the practical exercises included in the study guide to make sure the coaching notes completely cover the subject. Avoid relying solely on coaching notes.

  1. Solving Practical Problems

“Valuation” is a topic that is covered by both GST and Customs. It is a significant subject, and there are numerous real-world issues that might be encountered. 16–20 points are assigned for this single topic in both. The ITC under GST is the next crucial subject. Every paper includes this issue for at least 8–10 marks, and in my opinion, every student needs to understand it because it is important in real-world situations as well. Refunds and other issues should be taken care of as well.

Weightage and Past Trends of CA Final IDT

*= This means that the question has multiple adjustments from different chapters also. Also, the above data is just for the written paper and 30 marks MCQs have not been included.

WEIGHTAGE: As said above the subject when divided into 4 parts:-

  1. GST Provisions (Chp 1 to 16) – 50 to 55 marks
  2. GST Procedures (Chp 17 to 24) – 25 marks approx
  3. Custom Laws – 30 to 35 marks
  4. FTP – 5 marks approx

Which Chapters to Start Studying for CA Final IDT?

It is advised against studying in a hurry because this subject is so extensive. That should take at least 12 full days. But, those can be interspersed with discussions of other topics. Now, it’s crucial to avoid skipping any topics outright unless your teachers specifically encourage you to do so because they might come up with adjustments or even MCQs. Value of Supply, ITC, Refunds, and Valuation under Customs are a few chapters that are challenging and call for more practice. You should review the study questions, past tests, a few past rtps, and mock exams. The remaining chapters can be studied and understood just like any other law.

From which chapter to start preparing:

The ICAI advises studying the subject chronologically because it is a law subject. This holds true for both GST and Customs, however you can examine FTP as a stand-alone chapter. Also, in order to make the best impression on the examiner, attempt to remember the portions by studying chronologically (Although it is not necessary). Don’t try to remember too much information that is not necessary. For instance, the customs knowledge examination has a lot of case laws that are not necessary to recall.

Conclusion:

IDT is a very fascinating subject that the majority of students as well as tax enthusiasts enjoy studying. It includes Customs and GST laws, but focuses more on GST. It is a huge topic that requires consideration. The GST provisions, GST procedural component, Custom laws, and FTP should all be considered separately. For this subject, students must have a solid understanding of the provisions. Also, different pupils study from different materials for this subject. No matter where you learn, though, you must comprehend the rules and be able to use them to answer questions. If you are unsure of where to start your preparation, Icai study material is ideal.

ca final registration for nov 2023
28 Feb
Articles, CA Final

CA Final Registration for year Nov 2023- Process, Fees and Last Date

Table of Content

  1. CA Final Registration 2023
  2. CA Final Registration Eligibility
  3. Fees for CA Registration
  4. Required Documents for CA Final Registration
  5. How to register for the ICAI CA Final?
  6. CA Final 2023 Dates
  7. What after CA Final Registration 2023?

CA Final Registration 2023:

From July 1 to November 1, 2023, the Institute of Chartered Accountants of India (ICAI) will accept registrations for the CA Final exam. On January 1, 2023, registration for the CA Final May 2023 was closed. Applicants who want to apply for the CA Final test should review the prerequisites first. Although registration for the CA Final is open all year long, candidates must be aware of the deadlines. The CA Final 2023 application cost is Rs 22000.

CA Final Registration Eligibility:

The primary prerequisite for being eligible to register for the CA Final Registration is completion of the prior IPCC or Intermediate level. You must receive a minimum of 40% on each topic and a total score of 50% in either one of the two groups—or both—to pass the CA Intermediate exam.

The CA curriculum consists of three stages: Foundation, IPCC/Intermediate, and Finals. Students must pass through the prior level in order to be selected for the subsequent one. Candidates may not complete the Foundation level and be qualified to proceed to the Intermediate level, however, if they fulfil certain criteria stipulated by ICAI.

To be qualified to take the CA Final exam, you must have registered for the course and completed your articleship training under a certified chartered accountant. The CA Exam Test Series can assist you in the procedure.

Fees for CA Registration:

Details Fee
Final registration fee (for Indian students) Rs. 22000
Final registration fee (for Foreign nationals) USD 1100

Required Documents for CA Final Registration:

The following documents must be available for scanning before submitting the CA Final application form:

How to register for the ICAI CA Final:

Step 1: Candidates who are appearing must visit the ICAI’s official website in order to fill out the ICAI CA Final Registration Form.

Step 2: The appearing applicant must enter their Registration ID and password and select the SSP portal in order to begin the CA Final Registration Process.

Step 3: The student can view the student cycle and the article cycle on the screen.

Step 4: Choose the Students Cycle to sign up for the CA Final Examination.

Step 5: Here, students must select the option for the CA Final course level.

Step 6: You’ll be directed to a website where you must enter the information for the CA Final Registration Form.

Step 7: After successfully completing the documents, it is advisable that the pupils thoroughly study them.

Step 8: The candidate must now upload all required documentation, including the training certificate and grade report.

Step 9: After uploading all essential evidence, students must pay the CA Final Application Form Fee using debit card, credit card, or net banking.

Step 10: Finish the Recaptcha to confirm that the CA Final Registration Form Fee has been paid.

CA Final 2023 Dates

Particulars Dates (May/ June) 2023 Dates (November/ December) 2023
Last date to register January 1, 2023 July 1, 2023
Exam form availability February 03-February 24, 2023 (without late fee)

February 25-March 3, 2023 (with late fee)

 To be notified
Exam date Group I- May 2, 4, 7, and 9, 2023

Group II- May 11, 13, 15 and 17, 2023

 To be notified

What after CA Final Registration 2023?

After successful registration, candidates can also order the study material through the centralised distribution system portal.

Click here to access the centralised distribution system portal of ICAI.

The exam form is made available online by ICAI. After the registration period is over, the release date for the CA Final exam form is revised. On February 3, 2023, ICAI will make the CA Final 2023 exam application for the May session available. If a candidate wants to sit for the CA Final test, they must fill out the exam form. Applicants won’t be permitted to sit for the tests if they don’t fill out the exam form.

The CA Final 2023 admit card will be made available to registered candidates upon the completion of all submissions.

CA Foundation Result 2022
01 Feb
Articles, CA Final, CA Foundation, CA Intermediate

CA Foundation Result 2022 – Know the Dates, How to Check Results

The CA Foundation result Dec 2022 is expected to be declared on 3rd/4th February, 2023, at 10 AM. The official announcement for the CA Foundation 2023 result date will be released soon by ICAI. To check the result, go to the ICAI exam website – icai.org and enter your registration and roll number.

 

How to Check the CA Foundation Result Dec 2022?

Follow the step-by-step process to check the CA Foundation Result Dec 2022 online.

  1. Go to the ICAI exam website, and click on “Results”.
  2. Under the “Check Results” section, tap on “Foundation: Dec 2022”.
  3. Then, enter your Roll number with a PIN or the registration number.
  4. Now a new window will appear with your CA Foundation result. Take a printout of the result for future reference.

ICAI websites to check the results are – icaiexam.icai.org, caresults.icai.org, and icai.nic.in.

The details mentioned in the CA Foundation result mark sheet are:

  • Student’s name,
  • Paper-wise minimum and maximum marks,
  • Total marks, and
  • Result Status of the student.

 

CA Foundation Passing Marks

As per the CA Foundation exam pattern, students who scored a minimum of 40% marks in each subject and 50% aggregate in all four subjects within a single attempt will qualify for the exams.

Pass with Distinction- Students scoring more than 70% marks receive their result card with the Pass with Distinction mentioned.

Vsmart Academy provides the best coaching to the CA Foundation students. In the June 2022 results, our 220 students cleared the exams and 7 students got 300+ marks. If you also want to get the best result, then join our CA Foundation Coaching now.

CA Foundation Pass Percentage Dec 2022

The pass percentage is the percentage of candidates who cleared the CA Foundation exams. The ICAI will soon release the CA Foundation Pass Percentage of Dec 2022 result. Till then, students can review the passing percentage for the June 2022 result.

Gender Appeared Passed Pass %
Male 51111 13043 25.52
Female 42618 10650 24.99
Total 93729 23693 25.28

Students who have cleared the CA Foundation exams must check the CA New course recently introduced by the ICAI. The institute has made several changes at all levels of the CA course. Check the detailed analysis of the CA new scheme here.

What to Do After CA Foundation Result Dec 2022?

Students who have cleared the CA Foundation Dec 2022 exams can register for the CA Intermediate Nov 2023 attempt. The CA Intermediate registrations for the Nov 2023 attempt are open till March 1, 2023.

However, students who couldn’t clear the Foundation exams must apply for the next attempt i.e., May 2023. They can submit the CA Foundation exam form for the May 2023 attempt from Feb 3 to Feb 24, 2023.

icai new scheme 2023
13 Jan
Articles, CA Final, CA Foundation, CA Intermediate

ICAI New Scheme for 2023 Exams

After ICAI proposed the ICAI New Scheme for 2023 exams, many changes have been made in Education and Training of the CA Course. There are a total of three levels in the CA Course and these levels include CA Foundation course, CA Inter course and CA Final course. A few sections have been removed, few have been merged and few new changes have been introduced in the ICAI New Scheme for 2023 exams. 

Scroll further to have a detailed understanding of the new scheme proposed by ICAI for 2023 exams in the CA Syllabus.

Details of ICAI CA New Scheme

Changes made in the ICAI new exam pattern are mentioned below. Students are advised to go through all the changes carefully and be aware of the requirements before starting their preparations.

  • 2 Subjects have been removed from the CA Foundation level.
  • CA Intermediate level now has 6 papers, divided into two groups.
  • CA Final level has 6 papers, again divided into two groups.
  • Articleship period has been reduced to 2 years, from 3 years.

ICAI CA Foundation New Syllabus and Old Syllabus- Difference

Highlights Proposed Changes by ICAI  Old CA Foundation Syllabus
Eligibility Compulsory for students to have passed the 10th board No exact number of attempts restricting  the CA Foundation course.
Validity 4 years Validity Previously, there was no exact limitation to the CA Foundation registration validity.
Registration  No cut-off dates for CA Foundation registration. Cut off dates like January 1 or July 1 for CA Foundation Level

CA Foundation New Syllabus 2023

The changes that have been proposed in the ICAI new scheme of education and training, are mentioned below:

  • The new scheme has reduced 6 subjects and 4 papers to 4 subjects and 4 papers. These subjects have been removed.
  1. Business Correspondence & Reporting
  2. Business & Commercial Knowledge
  • A negative marking of .25 for every wrong answer. Previously there was no such negative marking.
  • Now, the students have to score at least 50% to pass the Foundation level.

Vsmart Academy, has got your back if you are an individual aspiring to start CA Foundation exam preparations.

ICAI New Scheme 2023- CA Intermediate Level

CA Intermediate New Course Scheme CA Intermediate Old Course Scheme
No changes in the Eligibility criteria Students who have passed CA Foundation and 12th board are eligible to appear in this level
CA Inter registration validity- 5 years

(Charges on re-validation)

Re-validation allowed just once

 Validity of Registration- 4 years 
Direct Entry Route – Mandatory 8 months study period 8 months study period for Foundation Route

Compulsory practical training of 9 months for Direct Entry Route

CA Intermediate Exam New Syllabus 2023

Key highlights of the ICAI CA Inter New Syllabus:

  • 2 subjects have been removed from the CA Inter new syllabus.
  • Paper 1 and 5 are now merged into “Advanced Accounting”.
  • “Enterprise Information Systems” is removed.
  • “Economics for Finance” is no longer included in paper 8.
  • Remaining part is included in paper 6, in the name of “Financial Management and Strategic Management”.
  • Paper 2 of CA intermediate will be only about the “Companies Act”.
  • In the ICAI new scheme 2023, there will be 2 groups of three papers in the CA Intermediate Syllabus. 
  • Business Law is now a part of the CA Foundation Level syllabus. 

ICAI New Scheme Exemptions and Passing Criteria (CA Intermediate Level)

CA Intermediate exemptions and passing criteria are mentioned below. 

30% MCQ questions for all the papers of CA Intermediate exam.

  • ICAI will be entertaining the exempted papers of CA Intermediate as permanently passed, after the new scheme. But students have to clear the rest of the papers with 50% marks individually.
  • Negative marking of .25.
  • If a student scores 60% in one or more papers in a single attempt, exemption of papers for immediate next three attempts is allowed in the intermediate level of CA. 
  • Students can surrender the exempted papers only after three attempts.

CA Articleship Changes in the new Scheme of ICAI, 2023

  • The CA Articleship duration has reduced to 2 years, from 3 years.
  • Students must have at least 1 year of experience in a CA firm.

Changes in the CA Final Course in the New Scheme of ICAI

  • Students have to clear the four sets of self paced modules to sit for the CA Final exam. These sets are divided as SET A, SET B, SET C and SET D. All these sets include the following subjects:
    1. Economic Laws(Compulsory set)
    2. Strategic Cost Management and performance evaluation(Compulsory set)
    3. Specialization Elective
    4. Incorporating multidisciplinary approach envisaged in NEP,2020
    5. Now, take a look at the key highlights of CA Final Syllabus changes proposed by ICAI:
      Categories  CA Final Level ICAI New Scheme CA Final Level Old Scheme
      Eligibility for Admission  Same as the previous course structure of CA Final level.  Students who have passed both groups of CA Inter exam and completed integrated course on information technology and soft skills
      Registration Validity 10 year validity (Re-validation permitted but with prescribed fee) No particular restrictions 
      Eligibility for Exam 
      • Completed advanced ICITISS course 
      • Completed six months after the practical training
      • Qualified the four self paced online modules
      		 Completed advanced ICITISS course and 2.5 years of practical training 
      • According to the CA Final new scheme, students have to score more than 50% in each module. 
      • Both the compulsory papers have been deleted from CA Final old course. 
      • In the remaining sets, students can choose their respective topics and then take their preparations forward. 
      • CA Final papers have been reduced from 6 papers from 6 papers, in the CA Final syllabus.
      • Subjects in paper 4 and 5 will be removed and added in self paced modules as compulsory sets.
      • Elective subjects like “Risk Management” and “Financial services” are now included in the Set C of self paced modules.

      In the new CA Final exam pattern, papers will have 30% MCQ based questions and there will be negative marking on every wrong answer. There was no negative marking in the previous scheme of CA but the newly proposed scheme has got negative marking which might be bad news for Aspirants. Students should not be intimidated by the results, as no matter what changes are proposed, if you are well prepared then nothing can stop you from achieving success. 

 

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