Exemption from Intermediate
No one is exempt from studying all the papers at this level i.e. there is no academic qualification that would entitle a student to bypass the intermediate level and go to the final level directly.
Exemption from some Papers
Only a pass in the final examination of ICSI, has the following subjects exemption. No exemption is available for any other qualification under Revised Syllabus 2008.
- Paper 5: Financial Accounting
- Paper 7: Applied Direct Taxation