ICAI Denies New Exam Authority Rumours, Issues Fake News Advisory

ICAI Denies New Exam Authority Formation Reports; Issues Fake News Advisory. The Institute of Chartered Accountants of India has clarified that rumours regarding a new body to conduct CA exams are incorrect.The institute has urged students to rely only on official communication and avoid unverified information circulating online.

ICAI Clarifies Rumours on New CA Exam Authority

The clarification comes after several reports and social media posts claimed that a new authority would be formed to conduct Chartered Accountancy examinations. According to the official statement:

• Reports about a new exam authority are false and misleading
• No such proposal has been confirmed by any ministry
• Information circulating online is not based on official sources

ICAI stated that the claims are not supported by any formal announcement.

ICAI Advisory to Students on Fake News

The institute has issued a strong advisory asking students to remain cautious about misinformation. This is aimed at preventing confusion during the exam cycle.

• Students advised to ignore unverified news reports
• Rely only on official ICAI notifications
• Avoid being influenced by social media rumours

ICAI emphasised the importance of staying focused on exam preparation rather than distractions.

CA May 2026 Exam Schedule and Important Dates

ICAI has also reiterated the schedule for upcoming Chartered Accountancy exams. Candidates are expected to prepare as per the announced timeline.

• CA Final Group 1: 02 May, 04 May, 06 May 2026
• CA Final Group 2: 08 May, 10 May, 12 May 2026
• CA Intermediate Group 1: 05 May, 07 May, 09 May 2026
• CA Intermediate Group 2: 11 May, 13 May, 15 May 2026
• CA Foundation: 14 May, 16 May, 18 May, 20 May 2026

Students are advised to follow the official exam schedule strictly.

ICAI Role and Examination Authority

The Institute of Chartered Accountants of India remains the sole authority responsible for conducting CA examinations in the country. It operates under the Ministry of Corporate Affairs. Its core functions include:

• Conducting CA exams and certification
• Regulating the accountancy profession
• Setting accounting and auditing standards

The institute clarified that no changes have been made to its role or authority structure.

ICAI Urges Focus on Exam Preparation

With exams approaching, ICAI has advised candidates to concentrate on their studies and avoid confusion caused by misinformation. The institute reiterated that all official updates will be communicated through its recognised channels. Students are encouraged to verify any information before acting on it.