ICAI 2022 Exam Pattern is different for each CA exam, i.e. Foundation, Intermediate, and Final exams. Institute of Chartered Accountants of India conducts the CA exam twice a year in offline mode. Check ICAI 2022 Syllabus
- Applicants need to clear three different levels of CA exam to get qualified as a Chartered Accountant.
- ICAI Exam Papers are available in Hindi and English.
- ICAI has formulated the course in such a way that candidates crack the exam of one phase and then move to the exam of another phase with increased difficulty level.
- ICAI CA 2022 exams are considered as one of the toughest exams.
- Each CA exam contains different papers with weightage and paper-wise patterns.
- There are negative marking of 1/4 marks for objective-type questions, whereas for subjective-type papers there are no negative marking.
- ICAI CA Foundation Exam will have a total of four papers.
- ICAI CA Intermediate Exam and ICAI CA Final Exam will have a total of eight papers.
Read more for information about ICAI CA Exam Pattern, Paper-wise Weightage.
ICAI CA 2022 Foundation Exam: Paper-wise Exam Pattern
ICAI CA 2022 Foundation Exam is the first exam that applicants must clear by an applicant who starts CA course freshly after their 12th is the CA Foundation Course.
- Each paper of the CA Foundation exam is made of a maximum of 100 marks and the duration for each paper is 180 minutes (i.e. 3 hours).
- The difficulty level of the exam ranges from easy to moderate.
- In ICAI Exam for Foundation Course, subjective-type papers are Principles and Practice of Accounting & Business Laws.
- In ICAI Exam for Foundation Course, objective-type papers are Business Correspondence and Reporting & Business Mathematics and Logical Reasoning & Statistics.
- For each wrong answer in the objective-type paper, 1/4 th of the total marks are deducted.
- There are no negative marks for subjective-type questions in ICAI Foundation Examination.
- Applicants can qualify for ICAI Foundation Exam with a total of 55% marks in aggregate in all papers and a minimum of 40% marks are required to qualify for each paper.
- Some important topics asked in ICAI Foundation exams include Accounting Standards, Consignment, BRS, Partnership, Company Accounts, and more. Check ICAI CA Foundation Exam 2022 Syllabus
ICAI CA Foundation Exam: Paper-wise Weightage
Given below is the paper-wise weightage for ICAI CA Foundation Exam:
| CA Foundation Papers | Level I: Comprehension & Knowledge | Level II: Application |
|---|---|---|
| Paper I: Principles and Practice of Accounting | 5%-20% | 80%-95% |
| Paper II A: Business Laws | 50%-65% | 35%-50% |
| Paper II B: Business Correspondence and Reporting | 100% | - |
| Paper III: Business Mathematics and Logical Reasoning & Statistics | - | 100% |
| Paper IV A: Business Economics | 40%-50% | 50%-60% |
| Paper IV B: Business and Commercial Knowledge | 100% | - |
ICAI CA 2022 Intermediate Exam: Paper-wise Exam Pattern
Applicants who have successfully qualified for ICAI CA Foundation Exam, can attempt the Intermediate exam. Applicants who start for CA can directly apply from the Intermediate course and they don’t need to go for the foundation course.
- Each paper of the CA Intermediate exam is made of a maximum of 100 marks and the duration for each paper is 180 minutes (i.e. 3 hours).
- The difficulty level of ICAI CA Intermediate Exam is difficult. Questions asked will include topics like Accounting, Corporate Laws, Taxation, Management, Cost Accounting, and more that tests the applicants in graduate-level knowledge. Check ICAI CA Intermediate Exam 2022 Syllabus
- ICAI CA 2022 Intermediate Exam contains two groups i.e. Group 1 and Group 2. This course is composed of two courses namely New Scheme and Old Scheme. Applicants can select the groups as per their choices.
- For objective-type papers, i.e. papers 2, 4, 6, and 7, 30% marks have been allotted.
- For subjective-type papers, 70% marks are allocated.
- There is no negative marking for the objective questions.
- Applicants are required to answer the first question of each paper as a mandatory requirement and candidates are allowed to make choices for rest of the questions.
- To qualify for the CA Intermediate exam, candidates need to score a minimum of 40% marks in each paper and a total of 50% marks in aggregate.
ICAI CA Intermediate Exam: Paper-wise Weightage
Given below is the paper-wise weightage for ICAI CA Intermediate Exam:
| CA Intermediate Papers | Level I Comprehension & Knowledge | Level II Analysis & Application |
|---|---|---|
| Paper I: Accounting | 5%-15% | 85%-95% |
| Paper II Part I: Company Law | 40%-55% | 45%-60% |
| Paper II Part II: Other Laws | 35%-55% | 45%-65% |
| Paper III: Cost and Management Accounting | 20%-30% | 70%-80% |
| Paper IV A: Income-tax law | 5%-20% | 80%-95% |
| Paper IV B: Indirect Taxes | 20%-45% | 55%-80% |
| Paper V: Advanced Accounting | 5%-15% | 85%-95% |
| Paper VI: Auditing and Assurance | 30%-55% | 45%-70% |
| Paper VII A: Enterprise Information Systems | 40%-65% | 35%-60% |
| Paper VII B: Strategic Management | 50%-70% | 30%-50% |
| Paper VIII A: Financial Management | 20%-30% | 70%-80% |
| Paper VIII B: Economics for Finance | 60%-80% | 20%-40% |
ICAI CA 2022 Final Exam: Paper-wise Exam Pattern
ICAI CA 2022 Final Exam is the last milestone to be achieved in the process of getting qualified from ICAI to get permission to practice Chartered Accountancy professionally. This exam is found the toughest by most of the applicants.
- Each paper of the CA Final exam is made of a maximum of 100 marks and the duration for each paper is 180 minutes (i.e. 3 hours).
- The CA final course contains two groups i.e. Group 1 and Group 2. This course is composed of two courses namely New Scheme and Old Scheme.
- Candidates may select the groups as per their choices.
- For objective-type papers, i.e. papers 3, 4, 7, and 8, 30% marks have been allotted.
- And for subjective-type papers 70% marks are allocated.
- In ICAI CA 2022 Final Exam, Paper 6 is an elective subject. Candidates can select any subject out of six choices at their convenience.
- There is no negative marking for the objective-type questions.
- The first question of each paper is mandatory and applicants are allowed to make choices for rest of the questions.
- To qualify for the CA Intermediate exam, candidates need to score a minimum of 40% in each paper and a total of 50% in aggregate.
- Some important topics asked is Tax Laws, Financial Reporting, Advanced Auditing, Advanced Management Accounting, Financial Management, and more.
ICAI CA Final Exam: Paper-wise Weightage
Given below is the paper-wise weightage for ICAI CA Final Exam:
| CA Final Papers | Level I Comprehension & Knowledge | Level II Analysis & Application | Level III Evaluation & Synthesis |
|---|---|---|---|
| Paper I: Financial Reporting | 5%-15% | 55%-85% | 15%-25% |
| Paper II: Strategic Financial Management | 10%-20% | 20%-40% | 50%-60% |
| Paper III: Advanced Auditing and Professional Ethics | 15%-25% | 40%-70% | 20%-30% |
| Paper IV: Corporate & Economic Laws: Part I: Corporate Law | 15%-25% | 40%-55% | 30%-35% |
| Paper IV: Corporate & Economic Laws: Part II: Economic Laws | 30%-50% | 50%-70% | |
| Paper V: Strategic Cost Management and Performance Evaluation | 10%-15% | 45%-55% | 35%-40% |
| Paper VII: Direct Tax Laws & International Taxation Part I: Direct Tax Laws | 5%-10% | 55%-75% | 20%-35% |
| Paper VII: Part II: International Taxation | 40%-50% | 50%-60% | |
| Paper VIII: Indirect Tax Laws Part I: Goods and Services Tax | 10%-30% | 40%-70% | 20%-30% |
| Paper VIII: Indirect Tax Laws Part II: Customs & FTP | 20%-40% | 40%-70% | 10%-20% |
ICAI 2022 Exam Pattern FAQs
Ques. What is the maximum number of attempts in the ICAI CA Exam?
Ans. There is no such number of attempts thing in CA exams. Candidates can register any number of times and take the exam. However, candidates will be eligible to apply for the next level of course only if they qualify for the previous ones.
Ques. What is the difficulty level of ICAI exams?
Ans. All three papers are arranged in increasing order of their difficulty levels. As the CA exam is one of the toughest exams, the difficulty level of the exam can be considered moderate to tough. The Foundation course is of moderate difficulty level while the intermediate and final course is of higher difficulty levels.
Ques. Can an art student apply for a ICAI CA course?
Ans. Any candidate who has passed class 12 or equivalent exam from a recognized board or university can easily apply for the CA exam. It is not restricted to any subject background. Anyone can join and then clear the CA exams. Even the art student can apply for a CA course and get certified as a CA if qualified for the exam.
Ques. How much time does it take to become a Chartered Accountant through ICAI?
Ans. It depends on how your performance is during the tests. However, it takes a minimum of 4.5 years if a candidate joins from 12th based on CPT courses otherwise for the graduate students who apply through direct entry, it takes a minimum of 3 years to become a Chartered Accountant.
Ques. What is the most important subject for ICAI Exam?
Ans. Generally, Accounting, Taxation, and Law are the most important subjects for the ICAI CA exam. Maths is also an important subject for the ICAI exam. However, maths is not a compulsory subject.
*The article might have information for the previous academic years, which will be updated soon subject to the notification issued by the University/College.
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