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.
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.”