Opt Out Facility (CA Foundation, Final, Inter November 2024)

The ICAI’s Important Announcement dated 23rd October 2024 had prescribed for the “Opt Out” Scheme for November 2024 examination which was to become operative as under:

Opt Out Facility.png

Content in this Article
hide

Opt Out Facility

In the extant form the “OPT-OUT” Scheme was to be available to the students satisfying any of the following conditions:

  • (a) The students who are currently COVID-19 positive or having symptoms of COVID-19 at any time up to the conclusion of exams;
  • (b) Whose Family members with whom the students are staying are COVID-19 positive or become COVID-19 Positive at any time up to the conclusion of exams;
  • (c) If the area in which the student’s residence is located is declared as Containment Zone by the Central Government/State Government/Local Authorities at any time up to the conclusion of exams.

2. Considering the requests of a large number of students and keeping in view their general well-being and safety, it has been decided that the students who have already submitted online examination application for the November 2024 Examination cycle and are satisfying any of the conditions as mentioned in (a) to (c) above will be allowed to OPT-OUT and carry forward their candidature to another examination cycle i.e. November 2024 Examination Cycle-II to be conducted in the second half of January 2024/ first half of February 2024.

In this case, the examination fees and exemption, if any, of the particular student will automatically be shifted and carried forward to the next examination i.e. November 2024 cycle-II and this attempt (November 2024) will not be counted. The student will not be required to apply afresh or pay any fees for November 2024 Examination cycle-II at the relevant time. The announcement with a detailed schedule shall be issued in the second half of December 2024. Further;

  • (i) In case the student appears for some of the papers in a particular group and subsequently, he/she opts out for any of the reasons as mentioned in (a) to (c) above, then he/she has to appear for all papers of the Group in the next examination cycle i.e. shifting of some of the paper(s) of the same Group is not allowed;
  • (ii) In case a student appears for all papers in a Group and subsequently opts out for other groups for any of the reasons as mentioned in (a) to (c) above, then the group in which he has appeared shall be taken as completely appeared and the student has to write other groups in the next examination cycle.

Important Dates

Start Date 07-11-2024
End Date 14-12-2024

3. Alternatively students who are satisfying any of the conditions as mentioned in (a) to (c) above shall be allowed to opt-out from the November 2024 examination and appear in May 2024 examination at his/her option. However, he/she will have to fill fresh examination form/apply afresh for May 2024 examination at the relevant time. His / Her Examination fees will be adjusted and only differential fees, if any, will be charged (In case he/she has filled the form for November 2024 exams for one group only and in May 2024 exams cycle, he/she opts to appear in both groups, then, he/she will be required to pay the differential fees).

4. Procedure for availing OPT OUT facility

  • a) Submit a declaration online available at https://icaiexam.icai.org from 7th November 2024 (Saturday) 9.00 PM Onwards.
  • b) On submitting the declaration, The candidature of the student for November 2024 Examination Cycle-I will be canceled and he/she will be given the option to:
    • i) shift in next November 2024 Examination Cycle-II /tranche-II (to be scheduled in the second half of January 2024 / first half of February 2024)
    • ii) appear in May 2024 Examination Cycle
  • c) Kindly note that once the option for “Opt out” is taken, it will be treated as final. No request for its change will be entertained under any circumstances.

5. For remaining students who choose not to opt out, and appear for the exams commencing from 21st November 2024, the Institute has made all the required and necessary arrangements for smooth conduct of November 2024 examination (commencing from 21st November 2024) across the globe including strict adherence to the precautions/measures related to COVID–19 which include thermal scanning, hands’ sanitization, wearing of masks, maintaining social distancing at all times, following Government guidelines, etc. for the examinees/center functionaries during the conduct of Chartered Accountant Examination.

6. The Candidates are further advised to note the above and stay in touch with the website of the Institute, www.icai.org

Recommended

  • Fundamentals of Accounting
  • How Yoga and Spirituality can Help in Studies
  • Stages of Accounting

1 photos of the "Opt Out Facility (CA Foundation, Final, Inter November 2024)"

Opt Out Facility.png

close