The Institute of Chartered Accountants of India (ICAI) responding to the number of queries raised by the students about the possible postponement of the May 2020 CA exams, in a statement has asked the students not to get swayed by any unauthentic and misleading news. It said that the institute is analysing the situation amidst the coronavirus pandemic and would take decision in the next few days.
The institute said that the exact nature and outreach of coronavirus pandemic in India is yet to unfold which has resulted in mass lockdown. The statement also added that ICAI considers hygiene and safety as the utmost priority in the given conditions. It also noted that students are experiencing difficulties in the access to benefits such as video-lectures, e-learning, etc for the upcoming exams.
The statement by ICAI read, “the students may concentrate on their studies for May 2020 ICAI Examinations and be not swayed by any misleading communications spreading through internet by unscrupulous sources.” Last week, the institute said that it will going to analyse the conditions in mid-April and would take decision regarding the examinations that are conducted every year in the month of May.
ICAI also told the students that the website of the institute is the only authentic source of information for any updates regarding the examinations. It also asked the students to refrain from relying on the information that is floating on the internet.
Here is the full transcript of the statement issued by ICAI: “Dear Students,
We are currently witnessing the impact of COVID 19 Pandemic in India; the exact nature and outreach of which is yet un-folding and this has resulted in public distancing and situation of mass lockdown in some of the States. We at ICAI do understand that the overall environment with regard to safety and hygiene is of utmost importance and the Institute is keeping a close tab on the developments taking place arising out of the current COVID 19 influence on day-to-day basis. Meanwhile, for the benefit of the students many steps like e-learning, video lectures, and certain relaxation in GMCS/ITT for those, whose May 2020 attempts were getting affected; have already been given the option to change the Centre of Examination which Window closes on 23rd March, 2020.
Queries are being received from the students about dates/ possible postponement of conduct of May 2020 ICAI examinations. However, at the current juncture the situation arising out of impact of COVID 19 is far from clear and the exact situation may be known in next few days’ time only.
You may kindly be rest assured that the Institute stands committed for the welfare of its students and will take all suitable steps as and when the situation become more clearer and in the overall interest of its dear students. In the meantime, the students may concentrate on their studies for May 2020 ICAI Examinations and be not swayed by any misleading communications spreading through internet by unscrupulous sources. Students may also note that the ICAI website is the only source for the authenticity of the information and should not rely upon details circulating over social media”.