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.No | Particulars | Date/ Attempt |
1 | Last date for Registration in Foundation under Existing Scheme | 1st July 2023 |
2 | Last date for Registration in Intermediate and Final Courses under Existing Scheme | 30th June 2023 |
3 | Date of commencement of Registration and Conversion in Foundation Course under New Scheme | 2nd August 2023 |
4 | Date of commencement of Registration and Conversion in Intermediate and Final Courses under the New Scheme | 1st July 2023 |
5 | First Foundation Examination under New Scheme | June 2024 |
6 | First Intermediate and Final Examination under New Scheme | May 2024 |
7 | Last Foundation Examination under Existing Scheme | December 2023 |
8 | Last Intermediate and Final Examination under Existing Scheme | November 2023 |
9 | Last date of commencement of three years of Practical Training | 30th June 2023 |
10 | Date of commencement of two years of uninterrupted Practical Training | 1st July 2023 |
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