Institute of Chartered Accountants of India (ICAI) will conduct CA Final 2018 Exam in May 2018. The examination will be held online, under the old and the new scheme. The candidates can apply for the examination, from the link below. Board of Studies registration started on July 1, 2017, and the last date to register was December 31, 2017. Now the exam conducting body has released a notification regarding the ICAI CA Final examination May 2018 on the official website. Under the Revised Scheme, the candidate can appear for the Final examination during the last six months of Practical Training and after successfully completing Four Weeks Advanced Integrated Course on Information Technology and Soft Skills (ICITSS).

Latest: ICAI CA Final May 2018 Registration has started, Candidates can register through the link provided below.

ICAI CA Final May 2018

The CA Final May 2018 Exam will be held in a window of multiple days and each day it will be held from 02 to 05 pm. Candidates can get more details about CA Final 2018 May examination from this article. Check the table below to know all the important date of CA Final exam 2018.

Events Important Dates
Registration with Board of Studies 01 Jul to 31 Dec 2017
Availability of online application form 05 Feb 2018
Deadline to submit application form without late fee 26 Feb 2018
By submitting the late fee of Rs. 600,
the application form can be submitted until
05 Mar 2018
CA Final Exam Date under Existing Scheme
Group I
Group II
(Time: 02 to 05 pm)
02, 04, 06 & 08 May 2018
10, 12, 14 & 16 May 2018
CA Final Exam Date under Revised Scheme
Group I
Group II
(Time: 02 to 05 pm)
02, 04, 06 & 08 May 2018
10, 12, 14 & 16 May 2018
Declaration of Result To be announced

ICAI has also announced the revised scheme for the CA Final exam. It has come into effect from July 01, 2017, however, the first paper under it is scheduled to be held in May 2018.  Candidates seeking details about the Revised scheme may check this article.

Details on Existing Scheme of CA Final Exam 2018

The last paper of CA Final, under the existing scheme will be held on November 2020. Until then, the candidates registered before June 30, 2017, can opt for the existing scheme, or switch to the new scheme. Check the exam pattern, syllabus, important dates, application procedure and more details about CA Final  Exam from below.

Details on Revised Scheme of CA Final Exam 2018

To pursue CA Final under the new scheme, the candidates will have to register with BoS after July 01, 2017 and before December 31, 2017. However, the candidates registered before June 30, 2017, will also have the option to choose for the new scheme. Candidates can switch any given time and the total of 6 parallel attempts are allowed to a person.

The basics difference under the Revised CA Final Exam Scheme is in the Group II. Advanced Management Accounting and Information Systems Control and Audit have been replaced with Strategic Cost Management and Performance Evaluation and Elective Papers, respectively. The choices under the Elective Paper are for:

  • Risk Management
  • International Taxation
  • Economic Laws
  • Financial Services & Capital Markets
  • Global Financial Reporting Standards
  • Multidisciplinary Case Study

CA Final May Exam 2018 Application Process

The application form will be available at icaiexam.icai.org. The candidates will be able to fill and submit it online only. To submit the application form, the candidates will have to create an account in the official login. To create it, the candidates will have to provide examination and personal details.

After this, the candidates will be able to access the application form and fill details in it. To conclude the application process, the candidates will have to pay the application fee amount.  The fee for the final examination can be checked from the table below. The candidates can submit it by using Master Credit/Debit Card or Visa Card.

CA Final Registration with Board of Studies

The Board of Studies registration process is now over. The candidates had to register with ICAI first. Only then they would be able to access and submit the application form of the exam. The Registration and form filling are two different procedure and are not be confused with each other.

The exemption will be given to the students from appearing in a paper(s) or Group of CA Exams, under the New Scheme of Education and Training with effect from May 2018 examinations.

CA Final 2018 Admit Card

The admit card of the exam will only be issued for those registered candidates, who will submit the application form and fee in the prescribed format. The candidates will need Login Id and Password to access and download it. On the exam day, only the hard copy of the admit card will be accepted. The candidates will not be allowed to take the exam if the admit card is missing or is in bad condition.

It should be noted that the Admit card is an important document and might be required at various stage. Hence, the candidates must keep.

CA Final 2018 Exam Centre

The candidates will state their choice for the exam centre in the application form. But the allotment of it will be announced through the admit card. In all, there will be 172 centres through the nation. The candidates may check the complete list of the exam centres from the table below. Also, there will be centers in these cities outside India.

CA Final May 2018 Exam Pattern

The candidates will have three hours to attempt the question paper. The question paper will be provided in the English language. The candidates may check the details about the exam pattern from the table below.

Check the Existing Exam Pattern of CA Final, from below:

Group Paper Marks Per Paper Total Marks
I 1-Financial Reporting
2-Strategic Financial Management
3-Advanced Auditing and Professional Ethics
4-Corporate and Allied Laws
100
100
100
100
400
II 5-Advanced Management Accounting
6-Information Systems Control and Audit
7-Direct Tax Laws
8-Indirect Tax Laws
100
100
100
100
400

Check the Revised Exam Pattern under New Scheme of CA Final, from below:

Group Paper Marks Per Paper Total Marks
I 1-Financial Reporting
2-Strategic Financial Management
3-Advanced Auditing and Professional Ethics
4-Corporate and Allied Laws
100
100
100
100
400
II 5-Strategic Cost Management
6-Elective Paper
7-Direct Tax Laws
8-Indirect Tax Laws
100
100
100
100
400

To check the syllabus of the examination – Click Here

CA Final Cutoff

The result of the candidates will be announced on the basis of the cutoff. The cutoff is the minimum qualifying marks, which the candidates will have to surpass in order to qualify the examination.

The minimum cutoff for CA Final Exam is as below:

  • Candidates should have secured an aggregate of 50% marks in the exam.
  • Also, in each section, the score of the candidates should be above 40% of the total.

CA Final 2018 Result

The result of CA Final will be announced for all the candidates, who will appear for the exam. The candidates will need Roll Number and Pin Number or Registration Number to check it. The score, as well as the qualifying status of the candidates,  will be announced through it. Along with the result, the pass percentage and candidates data will also be announced.

Last year’s candidate’s data and pass percentage for the CA Final May exam is as mentioned in the table below:

Group No. of Candidates Appeared No. of Candidates Passed Pass Percentage
Group I 77374 14092 18.21%
Group II 77086 14474 18.78%
Both the Groups 40180 4565 11.36%

Parallel Attempts for CA Final Scheme

Since the candidates have the liberty to switch from existing to revised scheme, they are getting six parallel attempts. These will be provided as below:

CA Final (Existing Scheme) CA Final (New Scheme)
May 2018 May 2018
Nov 2018 Nov 20 18
May 2019 May 2019
Nov 2019 Nov 2019
May 2020 May 2020
Nov 2020 Nov 2020

How to prepare for CA Final?

The Institute of Chartered Accountants of India (ICAI) has made available study material for CA Final preparation, such as practice manual, suggested answers, compiler, revision test papers, mock test papers, question papers of past years, and other preparation resources.

Apart from that, several useful study material are available in the form of books, and online resources.

Candidates who have registered for CA Final course should get the officially issued study material, and utilize web resources to prepare well for the CA Final Exam.

According to the exam toppers, it takes at least three to four months of determined preparation to clear the CA Final exam. Before that, one must have identified the books for preparation and study resources.

Frequently Asked Questions

For more details of ICAI CA Final May 2018 check- Notification.

ICAI Examinations

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