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The Institute of Chartered Accountants of India (ICAI) announced the CA Final Nov 2017 Result. The exam for CA Final was held in November 2017 and its result was announced yesterday, January 17, 2018, at around 05:00 PM. The candidates could check the result by entering the Roll Number, Registration Id or PIN. Along with the result, ICAI also published the merit list for those who secured above 55%, and upto 50th rank.
Mohit Gupta from Karnal has topped the CA Final exam. He scored 587 marks out of 800 and managed to secure a percentage of 73.38. Also, two students from the Delhi, Prashant and Aditya Mittal, bagged the second and third position. Prashant got 517 scores, leading to the percentage of 71.38% and not far in the race is Aditya with 565 scores and 70.62%.
In all, around 1,28,853 candidates appeared at 346 centers for CA Final exam. In Group I, a total of 39,328 candidates appeared for the exam out of which, 6257 passed. Furthermore, in Group II, 39753 students appeared for CA final exam out of which 6006 have passed. The pass percentage for Group I and II is 15.91% and 15.11%, respectively. For both the groups, pass percentage is 22.76%, the number of candidates appeared for it is 30054 and the figure for passed candidates is 6841.
CA. Nilesh S. Vikamsey, President of ICAI, congratulated the rank holders for their hard work and results. Also, he conveyed a message to those who could not qualify despite their hard work, to not to lose hope and keep working hard, plan and study efficiently. They will eventually achieve success.
Now that the result has been declared, a pass certificate is issued to the candidates who have passed both the groups of the IPC/ Final Examination, either together or separately group-wise. A hard copy of the pass certificate is sent to all the candidates by Speed Post, at the address given by the candidates in their exam form. The candidates will receive their Pass certificates, generally, within about 2-3 months from the date of declaration of results.
Those who could not qualify the CA Final need not be disheartened. They can prepare for CA Final May 2018 exam. The exam will be conducted for both the existing scheme and the revised scheme. The Final examination under the existing scheme for Group 1 will commence from May 02, 04, 06 and 08, 2018, while for Group 2, it will be held from, May 10, 12, 14, 16, 2018. The exam date for Final Examination under New Scheme is same as the Existing Scheme. The applications will be available from February 05, 2018.
The only difference in the existing scheme and new scheme are the subjects for Paper 5 and 6 in Group II. In both the schemes, the exam pattern for Group 1 is same. However, in Group II, under the existing scheme, the Paper 5 is for Advanced Management Accounting and Paper 6 is for Information Systems Control and Audit. In new scheme. Paper 5 is Strategic Cost Management and Paper 6 is Elective Paper. Other than this, the rest of the pattern is same.