ICAI Announces New Scheme of Education and Training

ICAI Announces New Scheme -New Scheme of Education and Training -New Scheme - ICAI - Education -Training - taxscan

The Institute of Chartered Accountants of India (ICAI) has formulated the New Scheme of Education and Training in line with International Education Standards and National Education Policy, 2020 (NEP) after considering the inputs from various stakeholders.

The New Scheme of Education and Training has been notified in the Gazette of India on 22nd June 2023 and will come into effect from 1st July 2023. The New Scheme of Education and Training at a glance, is available at https://resource.cdn.icai.org/74483bos-nset.pdf

Important dates for the implementation of the New Scheme of Education and Training

S.NoParticularsDate/ Attempt
1Last date for Registration in Foundation under Existing Scheme1st July 2023
2Last date for Registration in Intermediate and Final Courses under Existing Scheme30th June 2023
3Date of commencement of Registration and Conversion in Foundation Course under New Scheme2nd August 2023
4Date of commencement of Registration and Conversion in Intermediate and Final Courses under the New Scheme1st July 2023
5First Foundation Examination under New SchemeJune 2024
6First Intermediate and Final Examination under New SchemeMay 2024
7Last Foundation Examination under Existing SchemeDecember 2023
8Last Intermediate and Final Examination under Existing SchemeNovember 2023
9Last date of commencement of three years of Practical Training30th June 2023
10Date of commencement of two years of uninterrupted Practical Training1st July 2023

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