ICAI Debunks Claims of New Exam Authority, Issues Warning Against Fake News
Apr 17, 2026
ICAI has clarified that no fresh conducting authority is being set up to oversee CA examinations. Candidates must stay away from false news and focus on the upcoming examinations.
The Institute of Chartered Accountants of India (ICAI) has issued an official notification debunking the false narrative of a new body being set up to conduct the Chartered Accountancy examinations. As per the institute, the news circulating in sections of the media and social media, alleging that the government is planning to set up a new authority, is incorrect and misleading.
“ICAI has taken note of the matter, and it is clarified that the information presented in the said news clip is factually incorrect and not supported by any official confirmation from the Ministry concerned,” the official notice states.
ICAI has warned the students against the miscreants disseminating fake news, asking them to stay vigilant. “In view of the above, students and stakeholders are advised not to be influenced by such unverified reports. Students are especially encouraged to remain focused on their preparation for the upcoming CA examinations scheduled to be held in May,” the notice added.
About ICAI
The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Parliament, viz. The Chartered Accountants Act, 1949 (Act No.XXXVIII of 1949) for regulation and development of the profession of Chartered Accountants in the country. The Institute functions under the administrative control of the Ministry of Corporate Affairs, Government of India.
The ICAI is the largest professional body of Chartered Accountants in the world, with a strong tradition of service to the Indian economy in the public interest.
What’s the Role of ICAI?
Regulate the profession of Accountancy
Education and Examination of Chartered Accountancy Course
Continuing Professional Education of Members
Conducting Post Qualification Courses
Formulation of Accounting Standards
Prescription of Standard Auditing Procedures
Laying down Ethical Standards
Monitoring Quality through Peer Review
Ensuring the standards of performance of Members
Exercise Disciplinary Jurisdiction
Financial Reporting Review
Input on Policy matters to the government
When Are ICAI CA May 2026 Exams Scheduled?
According to the official schedule, ICAI CA Foundation exams will be held on May 14, 16, 18, and 20, 2026. Check out the schedule for Intermediate and Final examinations.
Intermediate (Group 1): May 5, 7, 9, 2026
Intermediate (Group 2): May 11, 13, 15, 2026
Final (Group 1): May 2, 4, 6, 2026
Final (Group 2): May 8, 10, 12, 2026
[Times Now]
