With reference to Announcement dated June 12, 2018; the Council has decided to assesses students after completion of 1st and 2nd year of articleship with online MCQ based tests.

Exam Details:

1st year of articleship: Test of 75 marks (Duration: 2 hours)

Mandatory Subject: Accounting and Auditing (incl. Corporate Laws) of 50 marks

and

Selecting one optional module (each of 25 marks) from the following:

  1. Direct Tax
  2. Indirect Tax
  3. Internal Audit

2nd year of articleship: Test of 100 marks (Duration: 3 hours)

Mandatory Subject: Accounting and Auditing (incl. Corporate Laws) of 50 marks

and

Selecting two optional module (each of 25 marks) from the following:

  1. Direct Tax including International Taxation
  2. Indirect Tax
  3. Internal Audit

Grades

  1. 80% and above – A grade
  2. 60% and above but below 80% – B grade
  3. 40% and above but below 60% – C grade
  4. Below 40% – D grade

Same will appear on final marksheet of the student and student can appear in a particular test for two more times to improve the grades. (i.e. total 3 times inclusive of first assessment test).

When to appear for assessment

Completion of Articleship 1st /2nd Year in Quarter Appear for Assessment
April-June, 2018 August-December, 2018 (August 26, 2018)
July-September, 2018 October-December, 2018
October-December, 2018 Jan-March, 2019
Jan-March, 2019 April-June, 2019 and so on

Practice paper are available on following website: https://www.icai.org/new_post.html?post_id=14836

For more details refer to Announcement:  https://taxguru.in/chartered-accountant/assessment-ca-students-completion-1st-2nd-year-practical-training.html

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