CA New Scheme 2023

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Gautam Pahuja (Querist)
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02 March 2023 As of now, should I wait for the New Scheme or else I get myself registered under the Old Direct Entry Scheme?

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
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06 July 2024 Deciding between registering under the New Scheme or the Old Direct Entry Scheme for CA depends on several factors, including your current qualifications, preferences, and career goals. Here are some considerations to help you make an informed decision:

### Old Direct Entry Scheme

1. **Eligibility**: Suitable if you meet the eligibility criteria under the Old Scheme (like having completed graduation with specified marks).

2. **Familiarity**: If you are more comfortable with the structure and subjects of the Old Scheme.

3. **Time Frame**: Depending on when you plan to appear for exams, the availability of study materials and coaching may be more tailored to the Old Scheme.

### New Scheme

1. **Updated Curriculum**: Reflects current industry trends and international practices, potentially providing a more relevant and comprehensive learning experience.

2. **Integrated Course**: Offers an integrated approach to learning and exams, which some find more cohesive and manageable.

3. **Long-term Viability**: Considering future changes and updates, the New Scheme might be advantageous for its adaptability and alignment with evolving professional requirements.

### Decision Factors

- **Personal Preference**: Consider which scheme aligns better with your learning style and career aspirations.

- **Timeline**: Evaluate when you intend to start your CA journey and when you plan to sit for exams, as the availability of study materials and coaching support may differ.

- **Consultation**: It can be helpful to consult with peers, mentors, or advisors who are familiar with the requirements and nuances of both schemes.

- **ICAI Updates**: Keep an eye on any updates or changes announced by ICAI regarding either scheme that might impact your decision.

### Conclusion

Ultimately, the decision between the New Scheme and the Old Direct Entry Scheme should be based on your individual circumstances and goals. If you're uncertain, you might consider reaching out to ICAI or a career counselor for personalized guidance based on the most current information available.