The wait for the Institute of Chartered Accountants of India (ICAI) examination candidates for their Final and Common Proficiency Test results will get over on Monday.
A positive result in the ICAI examinations is greatly coveted by the applicants, it is the one of the most difficult and prestigious examinations in India. In 2015, 1,28,916 appeared for the examinations, but only 32,619 examinees qualified the test. This means that only 25 percent of the people who appeared for the exam were able to clear it. A minimum of 30 percent is needed to qualify the exam.
The ICAI exam is divided into four categories— Fundamentals of Accounting, General Economics, Quantitative Aptitude and Mercantile Laws with the weightage as 60, 50, 50 and 40 respectively.
This year, the exam was held in 3 centres abroad and in as many as 170 centres in the country.
According to Financial Express, students have been eagerly searching for exam results. However, it would be difficult for the students to be able to access the website since there is a surge in traffic that is expected. To be able to access the results, a candidate should have relevant details like official registration, roll number and date of birth, handy.
While reading their results candidates should be aware of the fact that the minimum pass percentage for each section is 30 percentage of total marks.
Students should be also aware of the fact that the minimum pass percentage for each section is 30 percentage of the total marks.
Candidates are advised to keep checking official ICAI website icai.nic.in for the latest information.