ICAI CA New Scheme 2024 Detailed Guide with Eligibility & Updated Syllabus

ca new scheme 2024

Introduction to the New Scheme:

The Institute of Chartered Accountants of India (ICAI) recently introduced a significant overhaul in the CA course curriculum with the implementation of the CA New Scheme in 2024. This scheme, effective from July 1, 2023, aims to streamline the CA education and training process, aligning it with international standards and the National Education Policy 2020. The revamped scheme brings forth several changes in eligibility criteria, course structure, syllabus, examination pattern, and practical training requirements.

Eligibility Criteria:

Under the new scheme, the eligibility criteria for each level of the CA course remain largely unchanged. However, certain modifications have been made to the registration validity and study period durations. Let’s take a look at the updated eligibility criteria:

Structure of the Course:

The CA course under the new scheme comprises three levels: Foundation, Intermediate, and Final, along with practical training requirements. Here’s a breakdown of the course structure:

CA Course Level Current Duration New Duration
CA Foundation 4 Months 4 Months
CA Intermediate 48 Months 42 Months
CA Articleship 36 Months 24 Months
CA Final 6 Months

Updated Syllabus:

One of the significant changes introduced in the CA New Scheme is the revised syllabus content across all levels of the course. Let’s delve into the updated syllabus for each level:

CA Foundation:

The CA Foundation syllabus now comprises four subjects instead of six. The removed subjects include Business Correspondence & Reporting and Business & Commercial Knowledge. The updated syllabus includes:

Paper Subject Marks
Paper – 1 Accounting 100
Paper – 2 Business Laws 100
Paper – 3 Quantitative Aptitude 100
Business Mathematics
Logical Reasoning
Paper – 4 Business Economics 100

CA Intermediate:

The CA Intermediate syllabus now consists of six papers, with the incorporation of changes in paper structure and subject consolidation. The updated syllabus includes:

Paper Subject
Paper – 1 Advanced Accounting
Paper – 2 Corporate Laws (Companies Act entirely)
Paper – 3 Cost and Management Accounting
Paper – 4 Taxation
Paper – 5 Auditing and Code of Ethics
Paper – 6 Financial Management and Strategic Management

Examination Pattern:

Exam Level Passing Criteria Marks Distribution Negative Marking
CA Foundation 50% in each paper Subjective and Objective 0.25 per wrong answer
CA Intermediate 50% in each paper 30% MCQ-based questions 0.25 per wrong answer
CA Final 50% in each paper 30% MCQ-based questions 0.25 per wrong answer

Practical Training Requirements:

The CA Articleship training period has been reduced from 36 months to 24 months under the new scheme. Additionally, there are changes in the eligibility criteria and stipend for articleship. Here are the practical training requirements:

Training Aspect Duration Other Requirements
Articleship Training 24 Months Clear both groups of CA Intermediate
Completion of ICITSS training

Preparation Tips:

Preparing for the CA exams under the new scheme requires diligent planning and effective study strategies. Here are some tips to enhance your preparation:

  1. Start Early: Begin your preparation well in advance to cover the extensive syllabus thoroughly.
  2. Understand Concepts: Focus on understanding the concepts rather than rote learning.
  3. Practice Regularly: Solve practice questions and previous year papers to improve problem-solving skills.
  4. Time Management: Allocate time wisely for each subject and revision sessions.
  5. Seek Guidance: Take guidance from experienced faculty or mentors to clarify doubts and enhance understanding.


Revision plays a crucial role in reinforcing learned concepts and improving retention. Allocate dedicated time for revision sessions in your study schedule. Focus on revising key concepts, formulas, and important topics across all subjects.

Solving RTPs and MTPs:

Practicing RTPs (Revision Test Papers) and MTPs (Mock Test Papers) is essential for gauging your exam preparedness and identifying areas of improvement. Solve RTPs and MTPs regularly to assess your progress and familiarize yourself with the exam pattern.


The ICAI CA New Scheme 2024 brings about significant changes in the CA course curriculum, aiming to enhance the quality of education and training for aspiring Chartered Accountants. With revised eligibility criteria, updated syllabus, and examination pattern, the new scheme offers a more structured and efficient pathway towards achieving the prestigious CA qualification. By adhering to effective preparation strategies and utilizing resources judiciously, aspirants can navigate through the revised course curriculum with confidence and ace the CA exams.

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