The Institute of Chartered Accountants of India (ICAI) is hosting an All India Managing Committee Members Meet (AIMCMM 2024) under the theme ‘DRISHTI’ – the vision for the Profession’ on 9-10 March. More than 1,200 members from over 180 cities are expected to converge for an over 2-day enlightening session aimed at aligning the activities of its regional councils, branches, study circles & chapters with the overarching vision of ICAI.

On this occasion, the president of the Institute of Chartered Accountants of India (ICAI) CA Ranjeet Kumar Agarwal shared major highlights. In a historic decision taken by ICAI, Intermediate & foundation course examinations will now be held thrice a year, in the months of January, May/ June and September. Earlier, both the examinations were held twice a year. Meanwhile, the CA final exam will continue to follow the traditional biannual format.

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CA Ranjeet Kumar Agarwal, president, ICAI said, “The decision taken by the ICAI will benefit the students who have completed their study period to appear in the exam without waiting for 2 months. Globally, the frequency of examinations is more so that students can get more opportunities to sit in the exam. Considering this, ICAI has aligned itself with global best practices.”