The Institute of Chartered Accountants of India (ICAI) has recently announced the assessment criteria and exam duration for the CA Final Paper 6 – Integrated Business Solutions. This paper, introduced under the new scheme of education and training, represents a significant shift in examination format and aims to assess students’ comprehensive understanding of diverse subjects.
Examination duration and weightage
The council has decided that the examination for this paper will be for a total duration of four hours. The assessment criteria stipulate a balanced approach, with 40 per cent weightage assigned to multiple-choice questions (MCQs) and 60 per cent to descriptive questions in each case study, each carrying 25 marks.
Accordingly, the paper comprises five case studies, and students are required to attempt any four, amounting to a total of 100 marks.
Subject Overview – CA Final Paper 6: Integrated Business Solutions
This new paper is designed to analyse and integrate concepts, principles, and provisions spanning accounting, auditing, taxation, corporate laws, finance, and business strategy and management. The examination format, being open book and based on case studies, reflects a departure from traditional testing methods. The primary objective is to assess students’ ability to apply theoretical knowledge in cases of practical scenarios.
On the official website of ICAI, the Integrated Business Solutions is also described as the Multidisciplinary Case Study with Strategic Management.
Scope of examination content
Integrated Business Solutions will comprehensively evaluate students’ proficiency in a range of subjects, including financial reporting, advanced financial management, advanced auditing, assurance and professional ethics, direct tax laws and international taxation, indirect tax laws, corporate and economic laws, and strategic cost and performance management.
Alignment with international and national standards
ICAI has formulated the New Scheme of Education and Training in alignment with both the International Education Standards and the National Education Policy, 2020 (NEP 2020). This reflects a commitment to providing a robust and globally relevant education framework for aspiring chartered accountants.
The introduction of CA Final Paper 6 signifies a progressive approach in evaluating the knowledge and application skills of students pursuing the chartered accountancy course. The new examination format, emphasising practical case scenarios, aligns with the dynamic nature of the professional landscape and prepares candidates for real-world challenges.
Aspiring candidates are encouraged to familiarise themselves with the detailed assessment criteria and prepare accordingly for this comprehensive examination visit the official website regularly aticai.org.
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