I keep hearing about the new scheme launched in 2023. What are the levels and what is added?
The CA course has three levels (Foundation, Intermediate and Final) plus four Self-Paced Online Modules and two years of practical training. Under the New Scheme of Education and Training (launched 1 July 2023), you clear the 4-paper Foundation, then the 6-paper Intermediate (two groups), then complete 2 years of articleship. Before the Final you must qualify four Self-Paced Online Modules: SET A (Corporate and Economic Laws) and SET B (Strategic Cost and Performance Management) are compulsory, while SET C and SET D are chosen from elective lists. The Final has 6 papers across two groups. You also complete ICITSS and Advanced ICITSS (IT and soft-skills) training.