CA - Final
As you already know CA - Final is the most crucial and one of the toughest exams. It may be the toughest exam but not impossible to succeed in this exam. For anything to succeed there should be our hard work accompanied with smart work. We also need to have a strong dedication , perfect planning etc. to come up with flying colors.....
Eligibility
- you must have passed the Intermediate or PE-II or PCE or IPCE examination; and
- you must have obtained the Final Registration Number from Board of Studies; and
- you must have completed prescribed period of 3 years or 3 ½ years of article training as on the date of filling the form
Subjects
Group - 1 (400 marks)
Paper - 1 Financial Reporting (100 marks)
Paper - 2 Strategic Financial Management (100 marks)
Paper - 3 Advanced Auditing and Professional Ethics (100 marks)
Paper - 4 Corporate and Allied Laws (100 marks)
Section A: Company Law [70 Marks]
Section B: Allied Laws [30 Marks]
Section A: Company Law [70 Marks]
Section B: Allied Laws [30 Marks]
Group - 2 (400 marks)
Paper - 5 Advanced Management Accounting (100 marks)
Paper - 6 Information Systems Control and Audit (100 marks)
Paper - 7 Direct Tax Laws (100 marks)
Paper - 8 Indirect Tax Laws (100 marks)
Section A: Central Excise [40 Marks]
Section B: Service Tax & VAT [40 Marks]
Section C: Customs [20 Marks]
Section A: Central Excise [40 Marks]
Section B: Service Tax & VAT [40 Marks]
Section C: Customs [20 Marks]
Exemption and Passing Criteria
- A student may appear for both groups or single group at one sitting according to his/her preference.
- a student is said to be pass in one group if he/she scores minimum of 40% in each and every subject , and an overall aggregate of 50% marks when all the subjects put together.
- If a students scores 60% of the marks in any of the subjects he will be exempted from writing that particular paper for the next coming attempt.This exemption will be valid for the immediately succeeding 3 attempts and will be carried forward automatically for the next 3 attempts
- He shall not be eligible for any further exemption in the remaining paper(s) of that group until he has exhausted the exemption already granted to him in that group.
Surrender of Exemption
- A candidate who wants to surrender the valid exemption, is advised in his own interest to write separately to the Additional Senior Deputy Director (Examinations) informing of his/her decision to surrender the exemption along with a photocopy of the relevant mark sheet to enable the office to send further details in this regard and the proforma of the affidavit to be executed by the student.
- Candidates should note that the surrender of exemption shall become effective only after furnishing the requisite affidavit and on issue of confirmation letter to this effect by the Institute.
The following Table makes you more clear regarding the Result....
GROUP
- 1
|
||||||
PAPERS
|
Paper
- 1
|
Paper
- 2
|
Paper
- 3
|
Paper
- 4
|
TOTAL
|
RESULT
|
Maximum
Marks
|
100
|
100
|
100
|
100
|
400
|
|
Minimum
Marks
|
40
|
40
|
40
|
40
|
200
|
|
Student
A
|
38
|
59
|
58
|
54
|
209
|
FAIL
|
Student
B
|
39
|
45
|
73
|
55
|
212
|
FAIL
|
Student
C
|
58
|
52
|
43
|
47
|
200
|
PASS
|
Student
D
|
45
|
68
|
ABSENT
|
59
|
FAIL
|
|
Note :
Student A : Though his aggregate is more than 200 he could not get minimum of 40 marks in Paper -1. So the student is declared as FAIL.
Student B : Though the student can get aggregate of 50% he could not get minimum of 40 marks in Paper -1. So he is declared as FAIL but availed exemption in Paper - 3 So the student need not to write that particular paper in the next attempt
Student C : The student secured 40% marks in each paper and also fulfilled the condition of getting overall aggregate of 50% So he is declared as PASS
Student D : Though the student scored above 60% marks in Paper - 2 he has failed to be present for one of the papers so declared as FAIL and even the Exemption also cannot be availed.
The same procedure is followed for group - 2.
Reasons to Surrender Exemption :
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- CA Final ranks will be allotted only to 1st 50 Top Scorers and the condition is that He/She should be present in all the papers of both groups
- If they avail Exemption in the 1st attempt then they are not going to write all the papers in the next attempt therefore the chance of availing Rank has been washed out.
- This has been the main reasons why the students are surrendering their exemption there may also be some other personal reasons depending upon the student.