ICAI - The Institute of Chartered Accountants of India

ICAI – We conduct Mock Exam through Correspondence for the CA Course conducted by ICAI

The Institute of Chartered Accountants of India (ICAI) is a statutory body established under the Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) for the regulation of the profession of Chartered Accountants in India.
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Eduex offer mock exam solutions for Chartered Accountancy course – CA course, being offered by ICAI. We offer the mock exam test papers for all levels of CA exam i.e. CPT – PCE / PCC / IPCC – CA Final

To know more about the Mock exam solutions we offer for CPT exam, PCC exam, IPCC exam and CA Final please visit the following link: http://eduex.in/nature_of_tests.html or you can also email us your query at info@eduex.in
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The role of ICAI includes:  

1. Regulation of the profession of Accountancy
2. Education and Examination of Chartered Accountancy
3. Input on Policy matters to Government
4. Laying down Ethical standards
5. Financial Report review
6. Conducting Post Qualification courses

Highlight of the New scheme of Education and Training offered by ICAI is as under:

[I] Common Proficiency Test (CPT)

1. Compulsory

[II]       3½ years of Practical Training concurrent with components of Professional Competence Examination (CA PCE / CA PCC) / Integrated Professional Competence Examination (CA IPCC) and CA Final exam

1. Complete 100 hours of Compulsory Computer Training before appearing for CA - PCE / CA – PCC / CA IPCC.
2. Undergo General Management & Communication Skills (GMCS) after 18 months of practical training and completion of PCE / PCC exam / IPCC exam
3. Eligible to appear for Final Examination on completion of 3 ½ years and passing of PCE / PCC exam

Among its recent initiatives we learn that recognizing the need for convergence in India, council of ICAI decided to converge Accounting Standards with IFRS

• ICAI has decided to converge with IFRSs from accounting periods commencing on or after 1st Aril 2011 for listed entities and other public interests entities such as banks, insurance companies and large-sized entities
• ICAI would also formulate its work-plan to ensure that IFRSs are effectively adopted from 1st April 2011.