SPOM Exam Insights and Key Tips for CA Final Nov 2024 Aspirants

Important Update regarding SPOM exams

CA Rohit Ruwatia Agarwal, Central Council Member of ICAI updated that the SPOM exams had started on 25th May 2024, with the first day recording 66 students registering at 22 centres and 43 of them passing giving us a 65% pass percentage. SPOM Exams were conducted on 26th May 2024 as well.

Sir has also taken the time to give sound advice to the CA Final November 2024 aspirants. Since they are required to complete the learning hours and pass the exams before appearing for the CA Final exams in November, it is prudent to finish the SPOM tests well before say in June or July. As the lectures and exams rely on technology and a slew of other factors there can be no saying what kind of delay or problem a student might encounter.

This might cause major issues when left at the last minute risking the November attempt eligibility or throw a hamper in the preparation for the November exams. While the Institute is taking timely action on any technical issues or complaints, the CA Final November 2024 Aspirants should clear the SPOM lectures and exams as quickly as possible and focus on the November exams.

Self-Paced Online Modules exams

The Computer-based SPOM tests are in the pattern of Case Scenario-based MCQs. Registration for the tests can be done using the SSP login credentials.

The candidates can select their preferred exam date, city and slot and upon paying examination fees of ₹ 500 successfully register for the Self-Paced Online Module (SPOM) test.

The fee is ₹ 850 for Nepal/Bhutan and $150 for AbuDhabi/Bahrain/Muscat/Kuwait/Doha

The Institute has stated that the SPOM exams will be conducted daily with time slots available for choosing by the candidate. Centre details and availability can be checked here.

Some important points

• The result will be displayed immediately after the exam is completed.
• A minimum of 50% marks is required for the qualification in the exam.
• There is no restriction on the number of attempts for each module.
• There is no negative marking in the SPOM exam.
• The marks achieved in the SPOM exam will not be added to the marks obtained in the CA Final Examination.

Self-Paced Online Modules (SPOM)

The Institute of Chartered Accountants of India (ICAI) in July 2023 launched a New Scheme of Education for the Chartered Accountancy (CA) examinations with the first exams having been conducted in May 2024. In this New Scheme, there has been an introduction of ‘Self-Paced Online Modules’ (SPOM).

SPOM are online modules to be completed and passed by a CA Final Student before attempting their Final examination. There are a total of 4 Sets,

Set A-Corporate and Economic Laws

Set B-Strategic Cost and Performance Management

Set C- Students can choose one of the following:

1. Risk Management
2. Sustainable Development and Sustainability Reporting
3. Public Finance and Government Accounting
4. The Insolvency and Bankruptcy Code, 2016
5. International Taxation
6. The Arbitration and Conciliation Act, 1996
7. Forensic Accounting
8. Valuation
9. Financial Services and Capital Markets
10. Forex and Treasury Management

Set D- Students can choose one of the following:

1. The Constitution of India and Art of Advocacy
2. Psychology and Philosophy
3. Entrepreneurship and Start-up Ecosystem
4. Digital Ecosystem and Controls

The students are required to attend a certain amount of time of online lectures in each Set before becoming eligible to attempt the examinations for the same. There are no additional fees to be paid for accessing the lectures. Students who have converted from the Old/Existing scheme are exempt from appearing in the Set C and Set D SPOM. As such Sets C and D in SPOM are only applicable to the students who have registered under the New Scheme from the beginning of their CA journey. The duration of classes for Set A and Set B is 40 learning hours each. It is 20 hours each for Set C and Set D.

Criteria to access lectures

The lectures can be accessed by logging in on this website as long as the student has a:

• Laptop/Desktop with a webcam, RAM 2GB or higher and Dual-core or higher processor (eg Inter i3 or AMD Ryzen 3)
• An Internet connection with a minimum speed of 2 to 5 Mbps.
• The system should be compatible with modern web browsers like Google Chrome, Mozilla Firefox, Safari and Microsoft Edge.
• Ensure proper light so that the face detection on the platform automatically compares the student’s face with the SSP profile photo.
• The student is to remain in the frame of the webcam during the SPOM lecture.
• Each lecture in a chapter can only be accessed sequentially by the student, ie the student can only access the next lecture in the chapter after completing the one before it in chronological order.
• There is a personalized dashboard to view progress for respective sets. A detailed Learning History tab is also available on the website.
• To read the FAQs click here.

Technical Assistance Email: helpdeskspom@icai.in or call Mobile No: 9689908089 and 7030940882

For Subject-specific Query on Self-Paced Online Module (SET-A and SET-B): Download the ICAI BoS Mobile App and use Ask Your Query.