Final Examination
The examination of all levels of Chartered Accountancy course is conducted twice a year. The Summer Examination is held in the first week of June and Winter Examination in the first week of December every year. A student shall appear examination of all subjects in case of CAP-I whereas, in case of CAP-II and CAP-III, a student can appear examination of either both Groups or Group I or Group II or subject to fulfillment of eligibility criteria. The eligibility criteria for appearing in examination are:
Chartered Accountancy Professional (CAP)-I Level:
i) Completed at least 6 months from the date of registration, and
ii) Passed the eligibility/pre-test.
A student must pass CAP-I examination within 3 years from the date of registration, irrespective of the date of passing the eligibility test. If a student fails to pass examinations within the stipulated duration, his/her registration shall be cancelled on expiry of 3 years from the date of registration. However, such students can re-register as de novo.
Chartered Accountancy Professional (CAP)-II Level:
i) Must have to complete nine months period from the date of registration, and
ii) Passed the eligibility/pre-test.
A student must pass the CAP-II examination within 5 years from the date of registration, irrespective of the date of passing the eligibility test. If a student fails to pass examinations within the stipulated duration, his/her registration shall be cancelled on expiry of 5 years from the date of registration. However, such students can re-register as de novo.
Chartered Accountancy Professional (CAP)-III Level:
i) Must have to Complete at least 2 years from the date of registration.
ii) Obtained certificate of completion of 40 hours of IT Training (100 hours in total) conducted by the Institute.
iii) Passed the eligibility/pre-test, and
iv) Completed the prescribed period of practical training, i.e., 3 years or has yet to serve not more than 12 months of articleship prior to the first day of the month in which Examination is held.
Examination Notices and Fees:
Notice regarding the examination is published in the website of the Institute. Students eligible to appear in the examination shall have to submit examination form within the timetable announced by the Institute.
The fees for examination shall be as follows:
| Form Fee | NRs. 200 |
| Exam Fee / Paper | NRs. 1,000 |
| Late Fee | NRs. 500 |
| Duplicate Admit Card Fee | NRs. 200 |
| Retotaling of Marks/Paper | NRs. 500 |
| Duplicate Mark-Sheet Fee | NRs. 500 |
Result:
For CAP I:
A candidate shall be declared passed in all papers simultaneously if he/she secures at one sitting, a minimum of 40% marks in each paper with an aggregate of 50% of all the papers.
For CAP II and CAP III:
A candidate shall be declared to have passed the CAP-II or CAP-III Level Examination only if he/she passes in both the groups. A candidate shall be declared to have passed in both groups simultaneously if he/she secures at one sitting:
• A minimum of 40% marks in each paper of each of the group and an aggregate of 50% marks of all the papers of each of the groups
OR
• A minimum of 40% marks in each paper of both the groups and 50% in the aggregate of all the papers of both groups taken together.
A candidate shall be declared to have passed in one group if he secures at one sitting a minimum of 40% in each paper of the group and a 50% in the aggregate of all the papers of that group.
Exemption:
There is no exemption rule in CAP-I Level but exemption is available in CAP-II and CAP-III Level subject to provided conditions. A student who has scored 60 % or more in any paper(s) but has failed in that group, shall be entitled for exemption in that particular paper(s), provided, he/she has scored a minimum of 30 % in any one of the subjects of that group, and has attempted all the papers in that group.
The exemption shall remain valid for the next 3 consecutive examinations but those students who are entitled for exemption shall not be considered for rank.
Distinction:
A student scoring 75 % or above, in the aggregate of both groups, at one sitting, shall be considered to have secured distinction.
Verification of Marks:
A candidate may apply to the Institute within a period of 10 days from the date of publication of examination results accompanied with the requisite fees for re-totaling of marks in any paper(s). However, re-evaluation of the answers is not permissible. Further, students can visit the following link to know about procedure to View and Obtain Copy of Answer Paper: https://en.ican.org.np/_browsable/file/downloads/viewobtainanswercopyprocedure2076.pdf