ICAI to conduct first exam under new course in 2024

The Institute of Chartered Accountants of India (ICAI) has formulated the New Scheme of Education and Training in line with International Education Standards and National Education Policy, 2020 (NEP). The first Foundation exam under New Scheme will be held in June, 2024 and the first Intermediate and Final Examination under New Scheme will be conducted in May, 2024. 

The new scheme has been introduced after considering the inputs from various stakeholders. The New Scheme of Education and Training has been



notified in the Gazette of India on June 22, 2023 and launched on July 1, 2023. 

As per information shared by the ICAI, “The curriculum of the New Scheme of Education and Training has been designed to build global ready professionals by equipping aspiring Chartered Accountants with the requisite competencies. The course will inculcate enriched learning methodologies, cogent and holistic skill assessment and effective and focussed practical training, industry orientation and multi-disciplinary approach.”