ICAI CA 2024 May Exams Postponed Due to Lok Sabha Election; New Dates Soon

The Institute of Chartered Accountants Of India (ICAI) has postponed the CA May 2024 exam dates. This decision comes following the announcement of this year’s general election dates for the 18th Lok Sabha which will commence on April 19 and the results will be declared on June 4. The ICAI has further informed that it will issue the detailed revised schedule on the official website at icai.org on March 19.

“The Election Commission today have announced schedule of Election to the 18th Lok Sabha in the month of April – June 2024. It is observed that the aforementioned Lok Sabha Election, which will be held in 7 phases, will commence from 19th April 2024 and conclude on 1st June 2024. Counting for all phases will be done on 4th June 2024,” reads the official notice by ICAI.

According to the official notice released by ICAI earlier, the CA foundation course exam was scheduled for June 20, 22, 24, and 26, 2024. For the CA Intermediate course, group 1 exams were scheduled for May 3, 5, and 7, 2024, and group 2 exams on May 9, 11, and 13. The CA final course examinations for Group 1 were slated to be held on May 2, 4, and 6, and group 2 examinations on May 8, 10, and 12.

The exams for foundation papers 1 and 2 are usually held for a duration of three hours, from 2 pm to 5 pm, while papers 3 and 4 are conducted for two hours, from 2 pm to 4 pm. The timings for all intermediate papers are from 2 pm to 5 pm. Papers 1 to 5 of the final course are conducted from 2 pm to 5 pm, while paper 6 is held for four hours, from 2 pm to 6 pm.

Meanwhile, the ICAI had announced that the Foundation and Inter exams will be held three times a year. Until now, the ICAI administered the CA Inter and Foundation exams twice a year. A Central Council Member (CCM) of the ICAI, Dhiraj Khandelwal, announced the big change, “Welcoming move by the ICAI to bring a beneficial change in favour of the CA student fraternity by introducing CA examinations thrice a year for CA Foundation and CA Inter level. Further Updates shall be clarified by the ICAI soon.”