The Institute of Chartered Accountants of India (ICAI) has officially extended the last date for the submission of the CA Final November applications.
According to the latest circular released ICAI, the previously announced date for the online filling up of Exam Application Form has been extended from 7 September to the 12 of September 2019 (Thursday) respectively. The last and final date too has been extended form 10 September to 15 September 2019 (Sunday)
CA Final Exam November Application
The steps to complete the CA Final Exam November Applications Forms is as follows
- Visit the official exam website icai.org
- On the homepage, select the Login/Registration link
- Enter the required details and complete the registration
- Now login with your credentials and complete the application
- Print out a copy of the acknowledgement
Note – For candidates who submit the application form post September 12, a late fee of 600 INR shall be levied (barring candidates residing in Jammu & Kashmir).
CA Final Examination
CA final is the last level of examination one must give in order to become a Chartered Accountant. The exam should be taken after completing two and a half years of experience (CA Articleship). The CA final exam consists of 8 subjects that are divided into two groups of 4 subjects each that will have a written examination for 100 marks each.
The subjects in Group 1 are as follows
- Paper 1: Financial Reporting
- Paper 2: Strategic Financial Management
- Paper 3: Advanced Auditing and Professional Ethics
- Paper 4: Corporate and Allied Laws in which the paper is divided into three sections: Section A- Company Law and Section B- Allied Laws)
The subjects in Group 2 are as follows
- Paper 5: Advanced Management Accounting
- Paper 6: Information Systems Control and Audit
- Paper 7: Direct Tax Laws
- Paper 8: Indirect Tax Laws (Section A- Central Excise, Section B- Service Tax, and Section C- Customs and Foreign Trade Policy)
It is up to the choice of the candidate to either give the examination for both the groups together or separately. If the candidate gives the exam for both the groups together then the average for both the groups will be taken and not for one group alone.
Institute of Chartered Accountants of India (ICAI)
ICAI is the regulatory body in India ensuring the quality and standards of CA education is maintained in the country. To practice CA, you need to be a registered member of the ICAI and to continue the practice the membership should be renewed. Apart from issuing licenses to practice financial accounting, the ICAI ensures that certain sets of ethics and discipline to be maintained in the profession.