ICAI CA Result May 2024 Analysis: Pass Percentage Spikes Under New Scheme, over 20,000 qualify as CA

ICAI CA Result May 2024 Analysis: Pass Percentage Spikes Under New Scheme, over 20,000 qualify as CA

Shubham BhakuniUpdated on 11 Jul 2024, 02:44 PM IST

The Institute of Chartered Accountants of India (ICAI) announced the CA May 2024 results for Final and Intermediate on July 11. The results were announced online on the official portal of the institute, icai.nic.in. This CA May 2024 exams were the first to be held under the new CA scheme of education and training announced by the institute in the year 2022. The CA syllabus and question patterns were revised in some of the sections.

ICAI CA Result May 2024 Analysis: Pass Percentage Spikes Under New Scheme, over 20,000 qualify as CA
ICAI CA Result May 2024 Analysis

Compared to previous years, the CA results have been improved under the new scheme of education. The pass percentage rose significantly, resulting in the country getting over 20,000 new Chartered Accountants this session. In comparison, the previous session saw only 8,650 candidates qualifying as Chartered Accountants.

A total of 74,487 candidates appeared in Group 1 of CA Final May 2024 exam whereas, 58,891 candidates took the Group 2 exams. Pass percentages in these groups were 27.35% and 36.35% respectively. This is a significant increase from the previous session where only 9.46% of candidates in Group 1 and 21.6% in Group 2 cleared exams.

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The CA Final pass percentage also improved for candidates who appeared in both groups. It rose from 9.42% to 19.88% compared to the previous session.

1720688868670

CA Final May 2024 Pass Percentage

Particulars

No. of Candidates Appeared

No. of Candidates Passed

Pass Percentage

Group I

74,887

20,479

27.35%

Group II

58,891

21,408

36,35%

Both Groups

35,819

7122

19.88%

CA Final pass percentage November 2023

Particulars

No. of Candidates Appeared

No. of Candidates Passed

Pass Percentage

Group I

65,294

6176

9.46

Group II

62,679

13520

21.6

Both Groups

32,907

3090

9.42

A similar jump in pass percentage can also be seen in the CA Intermediate results May 2024. The exams were held under the new scheme of education and training. CA Intermediate which is the second stage of CA programme too had a low pass percentage in previous years.

Group 1 for CA Intermediate saw 1.17 lakh candidates appearing in the exam of which 27.15% of candidates qualified. In comparison, only 16.78% of candidates passed the Group 1 exams in the last session.

While the CA Intermediate Group 2 pass percentage declined slightly from 19.18% to 18.28%, the pass percentage for candidates who appeared in both groups doubled from the previous exam.

1720688868791

CA Intermediate May 2024 Pass Percentage

Group (s)

No. of candidates appeared

No. of candidates passedPass percentage

Group 1

111,774

31,978

27.15%

Group 2

71,145

13,008

18.28%

Both groups

59,956

11,041

18.42%

CA Intermediate November 2023 Pass Percentage

Group (s)

No. of candidates appearedNo. of candidates passedPass percentage

Group 1

1,17,304

19,686

16.78

Group 2

93,638

17,957

19.18

Both groups

53,459

5,204

9.73

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Questions related to CA Final Exam

On Question asked by student community

Have a question related to CA Final Exam ?

Hello Aspirant,

See application process is already live for CA Final 2022 examination for November 2022 session so if you had applied for it then it is alright and the last date to apply for it is July 1st 2022.

Now coming to the question of choice of elective paper

Hello,

No you cannot apply after the final date of registration. Unless the officials extend the last date you will not be eligible for applying after the final date of registration. As of now there are no information from the officials regarding the extension of the final date. The Institute

Hi there,

First of all make plan that what are you going to study,for how many hours you are going to study a topic and on what you will focus on. Plan all these things so that you don't get distract while studying. Then maintain a timetable and follow it

Hi Aspirant,

Hope you are doing great as per the question asked by you as you have made mistake while filling up the form you should definitely mail to the required authorities regarding the mistakes you have sometimes correction window is given to the students to correct the mistakes if

Hey aspirant,

Sorry but this cannot be done as it is mandatory and one must complete at least 2 years of training before sitting for the finals