The Institute of Chartered Accountants of India (ICAI) has invited contributions from Chartered Accountants and subject-matter experts for its Self-Paced Online Module Examinations under the New Scheme of Education and Training. The initiative aims to enhance the question bank for the Self-Paced Module Test (SPMT), a computer-based online examination introduced as part of ICAI's revised curriculum.
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Key Highlights of the Self-Paced Online Module Examination
- Mandatory for CA Final Aspirants: The Self-Paced Module Test is a crucial requirement for candidates appearing in the Final Examination under the New Scheme, which was launched on July 1, 2023 and first implemented in May 2024.
- Four Examination Modules (Sets A, B, C & D):
- Set A - Corporate & Economic Laws
- Set B - Strategic Cost & Performance Management
- Set C - Includes 10 elective subjects such as Risk Management, Forensic Accounting, International Taxation, and Valuation.
- Set D - Includes 4 elective subjects, including The Constitution of India & Art of Advocacy, Psychology & Philosophy, and Digital Ecosystem & Controls.
- MCQ-Based Assessment: The examination consists of Multiple-Choice Questions (MCQs), including case scenario-based questions in Sets A & B and a mix of independent MCQs and case-based MCQs in Sets C & D.
Invitation for Question Bank Contributions
To strengthen the quality and diversity of the question bank, ICAI is inviting experienced professionals and subject experts to contribute original multiple-choice questions and case scenarios. The contributions must be self-created and should not be sourced from published materials.
Who Can Contribute?
Chartered Accountants and subject-matter experts with relevant experience in Corporate Laws, Cost Management, International Taxation, Forensic Accounting, and other related disciplines are encouraged to participate.
How to Apply?
Interested professionals can register and submit their question papers through the official link: ICAI Self-Paced Online Modules. Additionally, contributors must sign a declaration of non-conflict of interest for their submissions to be considered.
This initiative by ICAI marks a significant step in modernizing the evaluation process for future Chartered Accountants, ensuring that assessments reflect real-world applications and practical problem-solving skills.
Official copy of the notification has also been attached