CA Final - A Complete Guide

CA final is the last level course to be completed for an aspirant of Chartered Accountancy. Once the student has cleared the Intermediate level, he/she enters the last leg of CA, i.e., CA Final Course.

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CA Final - Overview

CA final is the last level course to be completed for an aspirant of Chartered Accountancy. Once the student has cleared the Intermediate level, he/she enters the last leg of CA, i.e., CA Final Course. The Final Course consists of two Groups - Group I and Group II. The Course covers Group I which consists of Three Core papers, and Group II which consists of Three Core Papers and One Elective paper.
Students before writing the CA Final exams have to opt for one of the six options available in the Elective Paper. He/she must register for a 2-year articleship training under a practicing Chartered Accountant before the CA final exam. The student must also undergo a four-week Advanced Integrated Course on Information Technology and Soft Skills (AICITSS) after the training.
After completing the articleship training and passing both the Final Course groups with a minimum of 40% in each subject and 50% overall, a student can enroll as a member of ICAI and be designated as a CA.

In this article, we will discuss about CA Final, its registration procedure, fee structure, last date, syllabus, eligibility, reverification and much more.

Eligibility criteria for CA Final Course

A student should have completed the CA Intermediate Examination or erstwhile PE II/PCE/IPCE/Intermediate (IPC)Examination 

A student can appear for the Final Examination if she/he have fulfilled the below eligibility 
criteria: 
• registered for the Final Course, 
• have completed Practical Training six months before the first day of the month 
in which the examination is to be held, 
• successfully completed Advanced Integrated Course on Information 
Technology and Soft Skills (Advanced ICITSS), and  
• qualified all the 4 Self-paced Online Modules. 

The documents required to register for CA Final Course

 

  • Passport size photo of the student.
  • Mark sheets of cleared CA IPCC/Intermediate exams.
  • Mark sheet of CA Foundation/CPT (not applicable to the direct entry route students)
  • Attested Certificate of Special Category (SC/ST/OBC/PwD)
  • Certificate of Nationality

How can a student register for the CA Final Course?

ICAI has a centralised Self Service portal to manage the process of registration. https://www.icai.org/post/students-services There is no need for submission of physical documents as the students need to submit self-attested documents online within the Self Service Portal. After successful registration, students will be provided details to order study material through the Centralised Distribution System Portal, i.e., https://icai-cds.org/

Procedure to register for CA Final course online

  • Using the allotted password and registration ID on Self Service Portal, a student can complete his/her registration and login.
  • Out of the two options that appear on the screen (Student Cycle & Article Cycle), select the Student Cycle option.
  • A student can choose the course from the CA final level, and the CA final registration will appear on the screen.
  • The necessary details get updated automatically in form as it was during the registration of CA Intermediate.
  • If in case the student wants to correct something, a re-correct option is available.
  • Upload necessary documents as mentioned.
  • After registration is completed, a student can pay the fee using Net Banking / Debit Card / Credit Card.
  • The student receives a PDF with their details and registration number.
  • Within a month after the CA final registration, the student will get the registration certificate.

The fees for the registration of the CA Final Course

The students will have to pay the fees of CA final registration on the official website of ICAI. The fees can only be paid in online mode. The registration fees of CA final 2024 is as follows:

For Indian students: Rs. 22,000/-

For students outside India: $ 1,100

The criteria for a student to be eligible for CA Final Examination is as follows

  • He/she should be registered under the CA Final Course.
  • He/she has completed the Practical Training on or before the last day of the month preceding the month in which the examination is to be held or has been serving the last six months of practical training, including excess leave, if any, on the first the month in which the examination is to be held and
  • He/she has successfully completed an Advanced Integrated Course on Information Technology and Soft Skills (AICITSS).
  • Your registration number should be valid on the date of filling out the application for the CA Final (Validity Period- 10 years from the date of registration).
  • The candidate must have completed prescribed period of 2 years of articled training as on the date of filling the exam application form

CA Final 2024 Application Fee

Only online applications are accepted for admission to the CA Final exams. No physical form is available for 2024 exams.

The Application fee to be paid is as described below:

Nationality

Fee for a single group

Fee for both the groups

India

Rs 1800/-

Rs 3300/-

Abu Dhabi, Dubai, Muscat & Doha ($)

$325

$550

Kathmandu (INR)

Rs 2200/-

Rs 4000/-

In case of delay in submission of the application form, a fine of Rs.600/- has to be paid.

A Student can pay the application fee through online mode, i.e., via credit/debit card or net banking.

CA Final 2024 Exam dates

CA Final Exam Registration Process starts

  • From February 2nd for May 2024 exams
  • August for November 2024 exams (tentatively)

Last date to fill the application form

  • Feb 23rd for May 2024 exams
  • Lat week of August for November 2024 exams (tentatively)

CA Final exam - May 2024

  • Group 1 - 2,4 & 8th May 2024
  • Group 2 - 10,14 &16th May 2024

CA Final exam - November 2024

  • Group 1 - November (dates not yet announced)
  • Group 2 -  November (dates not yet announced)

Format of Declaration/Certificate of Service

ICAI has announced that if a student appears for CA final 2024, then he/she is required to scan and upload their certificate of service on the official website.

Candidates may note that uploading of Declaration / Certificate of Service as applicable to them is a mandatory requirement.

For doing this, before proceeding to fill up the exam form, candidates are advised to download the format of Declaration / Certificate of Service, fill in the particulars, get it attested from Principal/Member, scan the same as a Jpg/Jpeg file of size 100-300Kb/ 200DPI resolution and keep it ready for uploading. While uploading, candidates are advised to take an undertaking that the image being uploaded pertains to the current exam.

Form

CA Admit Card

The ICAI Admit Card has the details about a student with the allotted exam center name and location. A student can download this from the official website ICAI Login using their login details. The Institute of Chartered Accountants of India (ICAI) issues the registered students' admit cards on scheduled dates. ICAI does not send Admit Cards by post to any student. If the student cannot download the Admit Card online, he/she should contact the ICAI minimum of 2-3 days before the exam date. 

How can a student download ICAI CA Admit Card 2024?

  • Go to the ICAI website to download the Admit Card.
  • Click on the Login or Registration tab.
  • Log in using student login ID (registration number) and password.
  • Click on the tab indicating admit Card.
  • Download the admit Card for CA exams.

The details mentioned on a CA admit Card.

  • Name of the student
  • Registration number.
  • Program details
  • Student's photo and signature
  • Exam venue and timing

Helpdesk for ICAI CA Admit Card 2024:

A Student will be barred from writing the exam if he/she fails to carry the Admit Card. Hence, a student must receive the CA Admit Card on time. If a student faces any issue regarding the Admit Card, they must report to the ICAI exam officer.

Email id

foundation_examhelpline@icai.in

final_examhelpline@icai.in

Helpline numbers

0120 3054 851

0120 3054 852

0120 3054 853

0120 3054 854

0120 3054 835

0120 4953 751

0120 4953 752

0120 4953 753

0120 4953 754

CA Final Subjects

The ICAI CA Final course syllabus has been divided into TWO GROUPS and is further divided into 6 SUBJECTS. Each paper of CA Final new syllabus contains 100 marks each.

Papers

Subjects under new syllabus

 

Paper 1

FR - Financial Reporting

30% MCQ  & 70% Descriptive

Paper 2

AFM - Advanced Financial Management

30% MCQ  & 70% Descriptive

Paper 3

AAPE - Advanced Auditing and Professional Ethics

30% MCQ  & 70% Descriptive

Paper 4

Direct Tax Laws & International Taxation

30% MCQ  & 70% Descriptive

Paper 5

Indirect Tax Laws

30% MCQ  & 70% Descriptive

Paper 6

Integrated Business Solutions (Multidiscipilinary Case Study with Strategic Management)

30% MCQ  & 70% Descriptive

SELF-PACED ONLINE MODULES

 

 

SETA – Corporate and Economic Laws

Company Laws

 


SET B – Strategic Cost and Performance Management

Strategic Cost Management Strategic Performance Management

 

Assessment for Paper-6: Integrated Business Solutions (Multidisciplinary Case Study with Strategic Management) which is entirely case study based, would be open book examination. 
Assessment for all the other five papers would be through closed book examination.

There is no negative marking in MCQ based questions in Final Examination.

A student is declared to have passed in both the groups of Final Examination 
simultaneously, if he/she – 
        (a) secures at one sitting a minimum of 40% marks in each paper of each of the groups and a  minimum of 50% marks in the aggregate of all the papers of  each of the groups, or 
        (b) secures at one sitting a minimum of 40% marks in each paper of both the groups and a minimum of 50% marks in the aggregate of all the papers of  both the groups taken together.

Alternatively, a student is declared to have passed in a group, if he/she secures at one sitting a minimum of 40% marks in each paper of the group and a minimum of 50% marks in the aggregate of all the papers of that group. He/she can pass both the groups individually in different sittings.

Exemption

A candidate who has passed in any one but not in both the groups of the Final Examination under Existing Scheme shall be eligible for exemption in that particular group and shall be required to appear and pass in the remaining group / paper(s).
A student who has appeared in all the papers comprising a Group and fails in one or more papers comprising that Group but secures a minimum of 60% of the marks in any paper(s) of that Group shall be eligible for exemption in that paper(s) in the next following three examinations.

He/she shall be declared to have passed in that Group if he/she secures at one sitting a minimum of 40% marks in each of the papers of that Group and a minimum of 50% of the total marks of all the papers of that Group including the paper(s) in which he had secured a minimum of 60% marks in the earlier examination. He/she shall not be eligible for any further exemptions in the remaining paper(s) of that Group until he has exhausted the exemptions already granted to him in that Group.

How many times can a student attempt CA Final Exams?

Initial registration for Final Course is valid for 10 years (20 attempts as there are 2 exams in a year). After 10 years, a student should revalidate it for another 10 years with revalidation fee of Rs.500/-.
There is no limit to the number of attempts taken to clear a CA exam. But the number of attempts a student takes to clear an exam matter, as it depends on the company, he/she is trying to get into.

CA Final Preparation Tips

  • For a student to score well in the CA final exam, apart from having syllabus and exam pattern understanding, he/she must follow a strict schedule.
  • He/she can prepare a timetable before starting the exam preparation and abide by it.
  • Refer to the syllabus provided by ICAI and stick to it.
  • Decide the group and then prepare accordingly.
  • While preparing for the exam, a student needs to check the amendments, abide by those changes, and prepare accordingly.
  • He/she can refer to our YouTube channel for a better understanding of topics.
  • A student can make a note on the books, study materials, notes, scanners, pdf's mock papers, Question papers, MCQs, RTP's, etc., to refer to.

CA Final Classes- why a student needs to consider us?

We at IndigoLearn provide the students with the best coaching experience. Our highly trained and qualified professionals ensure that our students clear the CA final with a good percentage. We offer online video lectures with Study Materials.

IndigoLearn helps the aspirants to reach the top positions as we provide:

  • Excellent Faculty
  • Story-based pedagogy with animation
  • All topics are covered under one roof.
  • Materials with the complete course.
  • Problem-solving tips and tricks.
  • Self-accessible mock tests.

CA Final Results-November 2023

CA final results are announced approximately 2 months after the last CA exam. Students can check the results at the official website of the exam conducting body. Students need to enter their login credentials to get the result. Methods to obtain the CA Final Result—online, through SMS, and email.

The CA results will be released on the following websites:

  • icaiexam.icai.org
  • icai.nic.in

     CA Final November-23 Results

                                                     Candidates applied 
     for

     

    No. of Candidates 
    Appeared

    No. of Candidates
    Passed

    Pass Percentage

    GROUP I

    65,294

    6176

    9.46

    GROUP II

    62,679

    13520

    21.6

    BOTH GROUPS

    32,907

    3090

    9.42

     

How can a student obtain the CA Final 2023 Merit List?

Once the CA Final results are announced, the merit list will be released on the official website. The merit list will consist of 50 All India rank holders. Only those candidate’s names will be mentioned in the merit list who will appear in the CA final 2023 exam for the first time.

How can a student download the CA Final Merit List?

  • Go to the official website.
  • Click on the “Results” section.
  • Click on the Merit List link.
  • Enter the login details.
  • Click on the merit list tab.

The merit list will appear on the screen

The procedure for a student to apply for re-verification of CA Final Marks

If a student is not satisfied with the CA final marks awarded to them, then he/she can apply for reverification of answer sheets. This has been effective since the November 2011 attempt. A written application should be submitted to the institute, in the students' handwriting (Hindi or English - depending on the language opted), indicating:

  • Roll No. (Final Admit Card)
  • Student Reg. No.
  • Paper(s) to be verified
  • Examination Appeared – (CA Final)
  • Address for Communication

The payment for this has to be made online within one month of the result declaration.

An Application for the re-verification of Marks can also be made online on http://icaiexam.icai.org. If the student opts to apply online, he/she should scan the Handwritten Reverification Application and upload it to the above website. The Payment of re-verification Fees should be made using a Debit/ Credit Card.

The process of verification of marks covers:

  • Whether the answer book(s) compilation is complete
  • Whether any question or part thereof has remained unvalued
  • Whether there is any totaling error in any question or total marks on the cover page
  • Whether there is any discrepancy between the marks for each question and or/part thereof and marks for each question indicated on the cover page of the answer book
  • Whether the handwriting of the student in all the answer books is the same.

Announcement of CA Final re-verification takes 6-8 weeks but may be longer in some cases. The outcome of the verification exercise will be hosted online by ICAI on http://icaiexam.icai.org/verification/check_result_ver.php, and written communication is sent to the student concerned to the address mentioned in the application.

If a student does not receive a response latest up to 20 days before the next exam commencement, he/she can send an email to the exam department at http://icaiexam.icai.org/verification/check_result_ver.php.

Conversion from CA final old course to the new course

ICAI has announced a new scheme of training and education in 2017. Under the Revised Scheme of Education and Training implemented w.e.f. 1.7.2017, students are required to convert from Final (Old) Course under the Earlier Scheme of Education and Training to Final (New) Course under the Revised Scheme of Education and Training on or before 30th September 2021.

For conversion from Earlier Scheme to Revised Scheme of Education and Training, students may visit the Self Service Portal at https://rb.gy/kuk139

How can a student switch from the Old Scheme of Training to the New Scheme of Training?

To switch from the old training scheme to the new training scheme, a student needs to login into the student portal with his/her credentials. Go to the switchover tab and follow instructions. A one-time fee of Rs. 1,000 has to be paid to make the switch. The student will receive all the new textbooks for free. But the transportation charges have to be borne by the student.

FAQs

1. What are the subjects in the CA final?

There are 6 papers in Final Course which are as under: 
Group I 
Paper 1: Financial Reporting (100 marks) 
Paper 2: Advanced Financial Management (100 marks) 
Paper 3: Advanced Auditing, Assurance and Professional Ethics (100 marks) 
Group II 
Paper 4: Direct Tax Laws & International Taxation (100 marks) 
Paper 5: Indirect Tax Laws (100 marks) 
Paper 6: Integrated Business Solutions (100 marks) 
(Multidisciplinary Case Study with Strategic Management) 

2. Can I pass the CA final in 2 months? 

It’s not going to be easy. A student needs to have conceptual knowledge with effective preparation. The CA concepts are vast, and a student requires time to adjust to the syllabus and challenges. If a student has not prepared before, it would be suggested to appear in a single group with good preparation. If both groups tried and attempted without proper preparation, the chances of failing both groups increase.

3. Are 6 months enough for the CA final?

Yes! In this time, a student can plan his/her studies in such a way that they can complete a one-time revision of all six subjects.

4. How many attempts are allowed for the CA final?

Initial registration for Final Course is valid for 10 years (20 attempts as there are 2 exams in a year). After 10 years, a student should revalidate it for another 10 years with revalidation fee of Rs.500/-.
There is no limit to the number of attempts taken to clear a CA exam. But the number of attempts a student takes to clear an exam matter, as it depends on the company, he/she is trying to get into.

5. How many students clear the CA final every year?

Below are the number of students who have cleared the CA Final Exam in the last few attempts.

CA Final November 2023 Pass Percentage

Group No. of Candidates Appeared No. of Candidates Passed Pass Percentage
Group I 65,294 6176 9.46
Group II 62,679 13520 21.6
Both Groups 32,907 3090 9.42


CA Final May 2023 Pass Percentage

Group No. of Candidates Appeared No. of Candidates Passed Pass Percentage
Group 1 57067 6795 11.91
Group 2

61844

19438 31.43
Both Groups 25841 2152 8.33


CA Final November 2022 Pass Percentage

Group

No. of Candidates Appeared

No. of Candidates Passed

Pass Percentage

Group 1

65291

13969

21.39

Group 2

64775

12053

18.61

Both Groups 

29242

3243

11.09


CA Final May 2022 Pass Percentage

Group

No. of Candidates Appeared

No. of Candidates Passed

Pass Percentage

Group 1

66575

14643

21.99

Group 2

63253

13877

21.94

Both Groups 

29348

3695

12.59


CA Final Pass Percentage Jan 2021 (Old Course)

Groups

Number of candidates appeared

Number of candidates Passed

Pass percentage

Group I

8686

416

4.79%

Group II

13215

1614

12.21%

Both Groups

3116

44

1.41%