[FAQs] Chartered Accountant (CA) – Miscellaneous Questions

  • CA|Exam|
  • 2 Min Read
  • By Taxmann
  • |
  • Last Updated on 23 December, 2023

CA miscellaneous questions; CA FAQs

FAQ 1. For how long does CA Registration remain valid?

The CA registration at all levels remains valid for a specific period, during which the student needs to complete his/her required training as well as clear his exams. However, he/she can renew the registration at the end of its validity by paying a renewal fee as specified by ICAI from time to time.

Registration Stage Validity period (years)
CA Foundation 3
CA Intermediate 4
CA Final 5

Note: After the initial validity period lapses, the student has to get his/her registration re-validated.

Re-validation Procedure

Student needs to submit a duly filled format for re-validation online in the Students’ Dashboard in the E-Services link of the homepage, register as an existing student and pay the following re-validation fee through debit/credit card on the Link: https://sdb.icai.org/

Registration Stage Fee (Rs.)
CA Foundation 300
CA Intermediate 400
CA Final 500

After re-validation, the student can appear in the respective exam by specifying the date of re-validation in the exam form (online at – http://www.icaiexam.icai.org) to be filled in the first week of February and August for May and November attempts respectively.

FAQ 2. Is there any negative marking for wrong answers to MCQs in CA Examinations?

There is no negative marking in case of CA Final and Intermediate exams.

However, there is a negative marking in CA Foundation for the following papers:

  • Paper-3: Business Mathematics, Logical Reasoning and Statistics
  • Paper 4: Business Economics and Business and Commercial Knowledge

For every wrong answer, 0.25 mark will be deducted.

FAQ 3. Does ICAI provide Campus Placement?

In order to connect and bring together the Newly Qualified Chartered Accountants (NQCAs) and the recruiters on a common platform, the scheme of the campus interviews was introduced by the Committee for Members in Industry & Business (CMI&B) of ICAI to provide prospective employers and the young members an opportunity to interact and explore the possibility of taking up employment in various organizations.

Any organisation, irrespective of its size, standing in the market and boundary of its business, can take part in this placement programme being held at several centers across the country for which they have to pay a certain fees.

CA Institute organizes campus placement twice a year for newly qualified CAs in May and November term and the campus interviews are scheduled at various centres which are divided into two parts viz. Bigger centres and Smaller Centres.

After becoming a Chartered Accountant on clearing CA Final Examinations, the candidate must register himself/herself as a member of the Institute of Chartered Accountants of India (ICAI). Thereafter, he/she can register for ICAI campus placement programme at https://cmib.icai.org.

Note: Before applying for Campus Placement programme, one must make sure that he/she is in genuine need of a job and any delay or refusal, after being selected or accepting any offer, may cause job loss to other needy candidates.

Tags:

Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.

Leave a Reply

Your email address will not be published. Required fields are marked *

Everything on Tax and Corporate Laws of India

To subscribe to our weekly newsletter please log in/register on Taxmann.com

Author: Taxmann

Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.

The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:

  • The statutory material is obtained only from the authorized and reliable sources
  • All the latest developments in the judicial and legislative fields are covered
  • Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
  • Every content published by Taxmann is complete, accurate and lucid
  • All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
  • The golden rules of grammar, style and consistency are thoroughly followed
  • Font and size that's easy to read and remain consistent across all imprint and digital publications are applied