ICAI Exam 2021 - Dates Out for May; Check Pattern, Syllabus, Question Papers

Updated on Feb 22, 2021 by Vipra Shrivastava 79.9K Views

Registrations: 31 Mar '21 - 13 Apr '21

What is ICAI Exam?

ICAI Exam Highlights

ICAI CA May 2021 Exam Dates

ICAI Exam 2021: Eligibility criteria

FAQs Related to ICAI CA Exam

Get Prep Tips & Updates about ICAI Exam 2021

The ICAI CA examinations for May 2021 will begin from May 22. The examination body has announced the exam dates for ICAI CA May 2021 exams of Intermediate and Final courses. Students who passed Foundation exam held in November 2021 or before can apply for Intermediate course under the revised scheme of education and training for appearing in November 2021 exam, till March 1. Application dates of Intermediate (IPC), Intermediate & Final Examinations are - March 31 to April 13, 2021

Latest updates:

Feb 19: ICAI CA Exam dates for May 2021 announced; Check complete schedule. Read More

Feb 8: ICAI CA Foundation, Intermediate, Final results 2020 out; know the toppers. Read More

Feb 8: ICAI CA results for exams of Intermediate and Foundation courses declared, alongwith merit list. Read More

Feb 1: ICAI CA Exam result November 2020 announced for Final exams - Old and New syllabus. Read More

Jan 22: ICAI CA Exam January 2021 – Observation on Question Papers Invited till Feb 10. Read More

What is ICAI Exam?

The ICAI exam, also known as CA exams, is conducted by the Institute of Chartered Accountants of India (ICAI) for aspirants of Chartered Accountancy profession in India. The exam is conducted at different levels as per the CA courses. For being certified as a Chartered Accountant, candidates have to qualify in all the levels of ICAI examinations.

There are three levels in CA course. Given below are the names of CA course in order of first to third.

CA Foundation course examination (four papers)
CA Intermediate examination (eight papers based on New Syllabus and eight paper based on Old Syllabus)
CA Final examination (eight papers based on New Syllabus and 8 paper based on Old Syllabus)

ICAI Exam Highlights

Features	Details
Exam Name	ICAI Exam, CA CPT, CA IPCC, CA Final
Conducting Body	Institute of Chartered Accountants of India
Exam Level	National Level Exam
Exam Frequency	Twice a year
Exam Mode	Online
Exam Duration	Two hours
Language	English
Exam Purpose	Training and Certifying Chartered Accountants in India
Course Offered	Chartered Accountancy
No. of Test Cities	192 cities in India and 8 cities abroad
Exam Helpdesk No.	1800 419 2929
Exam Website	icaiexam.icai.org

ICAI exam guidelines for COVID-19

ICAI CA May 2021 Exam Dates

Check the table below for May examination schedule of CA Foundation, Intermediate (IPC), Intermediate (New Scheme) and Final examinations.

ICAI 2021 May Events	ICAI 2021 May Dates
Application process for Intermediate (IPC), Intermediate & Final Examination	31-Mar-2021 to 13-Apr-2021
Application process for Intermediate (IPC), Intermediate & Final Examination with late fees	13-Apr-2021 to 16-Apr-2021
Application process for IRM Technical Examination and INTT – AT	31-Mar-2021 to 13-Apr-2021
Application process for IRM Technical Examination and INTT – AT with late fees	13-Apr-2021 to 16-Apr-2021
Intermediate IPC Group I (Old scheme) Exam	22-May-2021 24-May-2021 27-May-2021 29-May-2021
Intermediate IPC Group-II (Old scheme) Exam	31-May-2021 02-Jun-2021 04-Jun-2021
Intermediate Course Group I (New Scheme) Exam	22-May-2021 24-May-2021 27-May-2021 29-May-2021
Intermediate Course Group II (New Scheme) Exam	31-May-2021 02-Jun-2021 04-Jun-2021 06-Jun-2021
Final Course Examination Group I (Old Scheme) Exam	21-May-2021 23-May-2021 25-May-2021 28-May-2021
Final Course Examination Group II (Old Scheme) Exam	30-May-2021 01-Jun-2021 03-Jun-2021 05-Jun-2021
Final Course Examination Group I (New Scheme) Exam	21-May-2021 23-May-2021 25-May-2021 28-May-2021
Final Course Examination Group II (New Scheme) Exam	30-May-2021 01-Jun-2021 03-Jun-2021 05-Jun-2021
Insurance and Risk Management (IRM) Technical Exam	21-May-2021 23-May-2021 25-May-2021 28-May-2021
Internal Taxation – Assessment Test (INTT-AT)	21-May-2021 23-May-2021

ICAI Exam 2021: Eligibility criteria

Candidates seeking admission to CA courses need to fulfil the eligibility criteria as under:

Course

Eligibility Criteria

CA Foundation Course

Candidates who have passed Class 12 or equivalent examination from Central or State Board of Education before the examination.

In addition, candidates who have:

Registered with Board of Studies on or before 30 June of the examination year
Changed to CA Foundation Course with Board of Studies of ICAI on or before September 7 of the examination year.

CA Intermediate Course

Candidates have passed Foundation examination or equivalent examination
Candidates who have registered for previous Intermediate exam as per syllabus under paragraph 2 or 2A of Schedule B or Professional Education (Course-II)
Professional Competence Course and converted into Intermediate (IPC) Course/ Accounting Technician Course (ATC)
Candidates who have completed graduation or post-graduation in any stream from a recognized institute of India

CA Final Course

The candidate who have passed the Intermediate examination or Professional Education Examination – II/PCC/IPCC, are eligible to apply for the Final exam
They must also have completed 3 years or 3½ years or must be due to complete, as the case may be, of article training as on the date of filling the form
For PE-II stream student and PE-II stream students converted to IPCC – Also, they must be serving the last twelve months of articled training including excess leave, if any, and due to complete 3 years on or before October 31 of the examination year.
For PCC stream students – The candidate must be serving the last six months of articled training including excess leave if any, and due to complete 3½ years on or before 30th April of the examination year
For Intermediate IPCC students – The candidate must be serving the last six months of training including excess leave if any, and due to complete 3 years on or before 30 April of the examination year.
For students converted from PE-II to PCC as well as for students converted from PE-II to PCC and then to IPCC – The candidate must be serving the last twelve months of training including excess leave if any, and due to complete 3½ years articles on or before 31st October of the examination year.
Candidates who have taken termination are advised to re-register for the balance period of training

FAQs Related to ICAI CA Exam

Q: What is CA exam?

A: CA exam refers to the qualifying exams during the Chartered Accountancy course. The Institute of Chartered Accountants of India (ICAI) conducts CA exam at three levels – Foundation, Intermediate and Final. Candidates who clear all the three levels are certified as Chartered Accountants.

Q: How many levels one need to clear to practice CA?

A: To practice CA professionally and legally, one needs to clear all the three levels of Chartered Accountancy course – Foundation, Intermediate and Final.

Q: In how many years can I complete CA course?

A: Normally, it takes three-four years to complete CA course. Many students are unable to clear all the three levels in the first attempt so they go for second, third attempts to clear all the levels.

Q: Can I pursue CA after class 12?

A: Yes, students can pursue CA after class 12. Students after class 12 have to undergo a four months study period after registration to appear in the CA Foundation exam.

Q: Can I pursue CA after class 10?

A: Yes, one can pursue CA after class 10. The ICAI in October 2020, announced provisional admission to foundation course of ICAI after class 10 exams. The provisional admission to the foundation course will only be regularised once a candidate clears class 12 exams.

Q: Can I pursue CA after graduation?

A: Yes, a candidate can pursue CA Course after Graduation. Such candidates are exempt from CPT examination. Students with minimum 55 per cent aggregate in Graduation can directly start their articleship and appear for IPCC Exams.

Q: Is Maths complusory for CA course?

A: Maths in not compulsory for CA course, but a strong base in the subject will be required as CA course includes subjects such as statistics, taxation, accountancy, quantitative ability, etc.

Q: How many times is CA exam held in a year?

A: CA Exams and Registrations for all levels are held twice in a year. The exam are usually held in May and November. However, in 2020 May exams were cancelled due to COVID-19 pandemic and clubbed with November exams.

Q: What is ICAI?

A: ICAI stands for Institute of Chartered Accountants of India. It is a statutory body established by the government for regulating the profession of Chartered Accountancy in the country. The ICAI conducts CA courses and exams.

Q: What is the starting salary of CA in India?

A: The starting salary of a CA in India is minimum Rs 7 lakh per annum. With experience of four-five years, the annual earning potential rises up to Rs 24-25 lakh.

Q: Which are the top private companies that hire Chartered Accountants?

A: Ernst & Young (EY), PricewaterhouseCoopers (PWC), Klynveld Peat Marwick Goerdeler( KPMG) and Deloitte are the top private companies that hire CAs. They are known as The Big Four.

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ICAI Exam 2021 Contact Information

http://www.icai.org.in/

The Institute of Chartered Accountants of India
(Set up by an Act of Parliament)
A-29, First Floor,
Administrative Block, ICAI Bhawan
Sector-62, Noida(U.P.), P.C.-201301
E-mail: ccbcaf@icai.org
Phone No. : 0120-3045994 (Direct)

Official Website: http://www.icai.org.in/

Phone Number: 0120-3045994

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