As per the new scheme by the ICAI, that came into force in May2019, four CA Final papers, as mentioned below shall follow a pattern of being 30% objective and 70% descriptive albeit there shall be no negative marking.

The four papers that would abide with the new scheme are-
Paper3. Advanced Auditing and Professional Ethics
Paper4. Corporate and Economic Laws
Paper7. Direct Tax Laws and International Taxation
Paper8. Indirect Tax Laws

The passing criteria for CA Final is same as that for CA Intermediate wherein a candidate must secure a minimum of 40% marks in each individual subject and an overall 50% aggregate for all the subjects of either one or both the groups that a student appears for in one sitting. The exemption rules as delineated above for CA Intermediate are same for CA Final. Also the study material, that is of paramount importance for a student to nail the CA Exams is provided by the ICAI to all of its innumerable students who have registered themselves with BOS. The study material provided by the institute covers all the innumerable and labyrinth, wide-ranging chapters to the tee wherein there are also several mock tests for a student to practice for getting his hands on the exam pattern. ICAI additionally ensures to deliver all the books at the residential address of its registered student. The study material is also available on the official website of the ICAI which a student can access freely. The students who are however not officially registered can also buy the books online but besides this, an aspiring CA student must study wholeheartedly and should put his best foot forward so as to achieve his target of nailing the exam. He must plan out a study plan and should thoroughly work upon it, in case he wishes to manifest his dream of becoming a Chartered Accountant and accomplishing great milestones in his life because after clearing the CA Final exam, there is no looking back for such a highly learned and skilled professional, for whom there would always be a plethora of enchanting opportunities