In the lineup of changes ICAI came up with one more announcement, It actually allowed students of Class 12 who have appeared in the board exam this year to apply for the CA Foundation courses.
The ICAI or the Institute of Chartered Accountants of India is the national professional accounting body of India and on 4th May 2020, it issued draft regulations on Chartered Accountants (Amendment) Regulations, 2019. ICAI relaxed the norms for CA foundation courses and recently made students who have appeared for the Class 12th board exam this year eligible to apply for the CA Foundation courses.
ICAI in the statement said that “Due to the outbreak of the COVID -19 pandemic, the CBSE/ICSE/State Boards have postponed Class 12th Board examinations that were to be held from 19th March 2020 and onwards. In view of above, such candidates who are not able to register themselves in the Foundation due to non-appearance in all papers of class 12th Examination, the Competent Authority has decided to relax the eligibility criteria for registering in Foundation Course, as a one-time measure subject to conditions,”.
READ ALSO: ICAI Postpones CA Exams May 2020 Again
ICAI relaxed the criteria, and eligibility, and the exam regulator, ICAI further added in the statement that “Candidate may provisionally register in the Foundation Course on or before 30th June 2020 if he has been either allotted the admit card and/or appeared in one or more papers in the months of February/March 2020 in the Senior Secondary (10+2) Examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government or the State Government as equivalent thereto for the purpose of admission to graduation course and appear in November 2020 Foundation examination after passing the Senior Secondary (10+2) examination conducted by an examining body as mentioned above.”
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Read more official Announcement : https://www.icai.org/new_post.html?post_id=16422