[FAQs] Chartered Accountant (CA) – Miscellaneous Questions
- CA|Exam|
- 2 Min Read
- By Taxmann
- |
- Last Updated on 23 December, 2023
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.
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