As new coronavirus cases increase in the country, the Institute of Chartered Accountants of India (ICAI) said on Tuesday it was postponing the final and intermediate C exams, which were due to start from May 21.
“In view of the ongoing COVID-19 pandemic and in the interest of the well-being and welfare of students and to alleviate their difficulties, it has been decided to postpone the final and interim examinations of chartered accountants which should begin from 21 (Final) / 22 (intermediate) May 2021 worldwide, “says the ICAI notification.
He also indicated that the pandemic situation will be reviewed and new dates will be suggested to students. “In doing so, a notice of at least 25 days will be given before the start of the exams,” he said.
To find out more about the exam dates, click here.
Previously, the University Grants Commission (UGC) stated that candidates qualified for the Chartered Accountant (CA), Company Secretary (CS) or Cost and Work Accountant (ICWA) exams will now be treated the same. way that holders of a postgraduate degree.
“UGC had received inquiries from the Institute of Chartered Accountants of India (ICAI), the Institute of Business Secretaries of India (ICSI) and the Institute of Management Accountants of India, to look at the qualification they were granting – CA, CS and ICWA, equivalent to post-graduation degrees, ”UGC said in an official order.
“To examine this, a committee was formed by the UGC. The commission considered the recommendation of the expert committee and resolved that the CA, CS and ICWA qualifications be considered equivalent to the PG diplomas,” he added. .