ICAI has announced that the CA Final Result of May 2016 are most likely be announced on 18th July 2016 at 02:00 PM. A List of Top 50 Rank Holders of CA Final May 2016 Exams would also be announced simultaneously. The criteria for securing a rank are a minimum of 55% Marks and above in the Exams
The CA Final Result of May 2016 would be announced online on http://www.caresults.nic.in. To check the CA Final Result of May 2016 on the above mentioned website, the CA Final students only have to enter their 6 Digit CA Final Admit Card Roll. No. in the space provided on the above website
The facility of checking the CA Final Result May 2016 by SMS has also been extended for the Students. Students interested in receiving the CA Final Results of May 2016 by SMS shall message CAFNL (space) XXXXXX (where XXXXXX is the 6 Digit Roll No. of the Candidate) and shall send it to 58888.
The Result would also be published at the Regional Offices of ICAI. However, no results would be informed telephonically.
If a Student is unsatisfied with the Marks awarded to him in the CA Final Result May 2016 Attempt, he can apply for Revaluation by submitting a hand-written application to ICAI, along with a Demand Draft as Exam Revaluation Fees drawn in favor of “The Secretary, Institute of Chartered Accountants of India” payable at “New Delhi“.
- Recommended Read: Procedure for Revaluation of CA Final Marks
The CA CPT Result of June 2016 would also be announced along with the CA Final Result June 2016 on the same day. Ranks would be awarded to Top 10 Candidates of CPT Exams provided they secure a minimum of 60% marks and above in the Exams
ICAI has announced the Date Sheet for May 2016 CA Exams with ca final exams starting from 3rd May and ending on 16th May. The Exam Forms for May 2016 Exams would be available from 3rd Feb and the last date for submission of the same is 24th Feb 2016.
The Suggested Answers for May 2016 Exams have also been released by ICAI and the same can be downloaded from here – Download Suggested Answers for CA Final May 2016 Exams.
Campus Placements for CA Final Result May 2016 Passouts
ICAI has also announced the schedule for the next round of Campus Placements to be held in Aug-Sept 2016. The CA Final May 2016 passouts who have completed their Articleship and GMCS by 30th Oct 2016 are eligible to appear for Campus Placements organised by ICAI. All Candidates are also required to submit their application for CA Membership before 15th Nov 2016 to be eligible to appear for ICAI Campus Placement.
- Recommended Read: Procedure to apply for ICAI Membership No.
ICAI has also set a norm for the minimum package to be offered to CA’s in the ICAI Campus Placement. The minimum CTC to be offered is Rs. 4 Lakhs p.a. for Companies and Rs. 3 Lakhs p.a. for CA Firms.
The Interested Candidates are requested to register themselves with the ICAI for the Campus Placements to be held in the month of Aug-Sept 2016. (Different Dates have been allotted for different centres across India).
Students who have cleared their CA Final in the Exams held in May 2016 shall register on the campus placement portal of ICAI by making a non-refundable deposit of Rs. 250. The Complete Procedure for appearing in Campus Placements for CA Final May 2016 Passouts is given here.
The Highest Salary awarded to a Chartered Accountant in the previous Campus Placement was Rs. 30 Lakhs per annum. However, this was a rare sight as only a small percentage of the CA’s who cleared their CA Final in Nov 2015 Attempt were offered jobs in the Campus Placements organised by ICAI. The rest who were not offered jobs had to apply for jobs off-campus through various other Job Portals.
- Recommended Read: Statistics of previous ICAI Campus Placement for CA’s
The Pass Percentage of CA Final would also be announced by ICAI after the declaration of Results. The Pass Percentage of Nov 2015 Exams was was 5.75% for both groups and 12.61% and 11.99% for 1st and 2nd group respectively. (Recommended Read: Pass Percentage of CA Final Nov 2015)
The Centre Wise Results of CA Final Nov 2015 and CPT Dec 2015 Exams have also been announced by ICAI. (Recommended Read: Centre Wise Results of CA Final Nov 2015 and CPT Dec 2015)