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ICAI Launches New SPMT (Self-Paced Module Test) | Complete Details

ICAI Launches New SPMT

The Institute of Chartered Accountants of India (ICAI) has begun the process of overhauling the examination procedure by launching the Self-Paced Module Test (SPMT) Portal. This solution provides applicants with an easy and adaptable system for studying modules and taking examinations based on their learning speed. The platform provides significant flexibility; candidates can select their exam day, time, and location. Furthermore, the portal supports remote proctoring to ensure that the examination’s integrity and impartiality are maintained.

The SPMT Portal also makes the registration process simple and effective. Furthermore, the portal provides a variety of resources to help candidates, including as learning materials and preparation tools. Overall, the launch of the SPMT Portal is a significant step toward accomplishing ICAI’s aim of using technology into education and skill building for future Chartered Accountants.

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ICAI Self-Paced Module Registration Process

The ICAI Self-Paced Module registration process is straightforward and can be completed by following the steps outlined below:

  • Please ensure that you have completed the required learning hours for the specific Self-Paced Online Modules using the ICAI Learning Management System (LMS) portal.
  • Visit the official SPMT portal at icai.org.
  • Log in to the SPMT portal using your SSP (Self-Service Portal) login credentials.
  • Please fill out the registration form for the Self-Paced Module Test and select the date, city, and exam slot from the options provided.
  • You must pay the examination fee of 500 for India, Rs. 850 for Nepal/Bhutan, and USD 150 for other international centres.
  • After successfully completing the payment, you will receive a confirmation of your ICAI Self-Paced Module registration.

ICAI Self-Paced Module Login

So, the ICAI Self-Paced Module login is pretty straightforward and may be done by the following steps:

  • Go to the official SPMT portal at spmt.icai.org.
  • Enter your SSP (Self Service Portal) login credentials to sign in.
  • When you connect into the portal, the site takes you to the dashboard, where you can view your registered modules, forthcoming tests, and other details.

ICAI Self-Paced Module Subject and Syllabus

The ICAI Self-Paced Module includes a variety of disciplines required for the Chartered Accountancy degree. The following is a detailed table of the syllabus’s subjects.

Self Paced Online Modules
A: Corporate and Economic Laws B: Strategic Cost & Performance Management C D
MODULE 1: Corporate Laws SECTION A: Company Law SECTION B: Securities Laws MODULE 1: Strategic Cost Management Paper-1: Risk Management Paper-1: The Constitution of India & Art of Advocacy
MODULE 2: Economic Laws MODULE 2: Strategic Performance Management Paper-2: Sustainable Development and Sustainability Reporting Paper-2: Psychology & Philosophy
Paper-3: Public Finance and Government Accounting Paper-3: Entrepreneurship & Start-up Ecosystem
Paper-4: The Insolvency and Bankruptcy Code, 2016 Paper-4: Digital Ecosystem and Controls
Paper-5: International Taxation
Paper-6: The Arbitration and Conciliation Act, 1996
Paper-7: Forensic Accounting
Paper-8: Valuation
Paper-9: Financial Services and Capital Markets
Paper-10: Forex and Treasury Management

Students can only register for the ICAI SPMT after completing the learning hours for each of the appropriate courses via the ICAI LMS.

ICAI Self-Paced Module: Remote Proctoring

The ICAI Self-Paced Module Test (SPMT) uses remote proctoring to ensure the integrity of the online examination procedure. This sophisticated approach allows candidates to take their tests from any location. However, the monitoring procedure is remote, which eliminates any possibility of malpractice.

The webcam and microphone on a candidate’s computer are used to monitor them during the test. This live observation enables human proctors or invigilators to detect any unusual behaviors or motions that could indicate cheating. To ensure regulatory compliance, the invigilators observe the candidate during the test session. Remote proctoring also incorporates security elements like ID checks and room searches performed by proctors or invigilators prior to the start of the test.

To take the ICAI SPMT, candidates will need a computer with at least 2 GB RAM, a webcam, a microphone, and a power source with a backup of at least four hours. The screen resolution should be 1920 x 1080 pixels, and the operating system must be Windows 7 or higher. Candidates should use Google Chrome or Mozilla Firefox browsers and have internet access at a minimum speed of 1.0 Mbps. Using mobile hotspots for internet access is not encouraged.

Importance of Self-Paced Online Modules

  • Self-paced courses allow students to choose when they want to learn, which is very useful for working professionals or those with other commitments. This flexibility reduces stress and increases the likelihood of mastering the ICAI self-paced module course.
  • These modules adjust to the capabilities and rhythms of the learners, ensuring that each student spends more time with tough subject and less time with content that he or she is familiar with. This tailored method helps kids understand and memorize material.
  • Self-paced learning has no geographical limitations. pupils from all over the world have access to the same high-quality instructional materials, promoting equity and equal opportunity for all pupils.
  • Self-paced modules typically feature quizzes and assessments that provide quick feedback. This constant evaluation allows the learner to identify their strengths and flaws, which aids in the learning process.
  • Self-paced modules minimize the need for physical and transportation infrastructure, cutting education expenses and providing an opportunity to increase educational access to the general public.

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Benefits of the Self-Paced Module Test Portal

The first advantage is that the candidate can choose the date and time of the exam that is most convenient for him. This flexibility allows applicants to avoid conflicts with other commitments and lowers the stress associated with fixed exam timetables.

Candidates can take tests from the comfort of their own homes thanks to remote proctoring. It also maintains the test process’s integrity while lowering the overall expense of travel and lodging, which are sometimes incurred while attending a physical examination center.

The registration process using the web portal is also very convenient. This efficiency also contributes to the amount of time and effort that both candidates and the ICAI put into the registration procedure.

The most significant feature of the ICAI SPMT site is the ability to learn at your own pace, which allows for a deeper understanding of the content. This technique would allow candidates to review any difficult topic at their own pace, resulting in a better and more comprehensive understanding of the ICAI self-paced module syllabus.

The method delivers fast feedback on exams, allowing candidates to identify and rectify any areas of weakness. This quick feedback loop is critical for ongoing improvement and planning.

Steps to Prepare for the Self Paced Module Test

The first step is to ensure that the required learning hours for each subject on the ICAI LMS (Learning Management System) are completed. Before registering for the self-paced module test, be sure you have completed the required minimum number of hours.

Read over the ICAI self-paced module syllabus to get a sense of the subject you’ll be covering. Concentrate on concepts and subjects identified by the ICAI. Use the ICAI study resources and reference books to ensure you have a thorough understanding of all relevant topics.

Take advantage of the LMS’s practice tests. These mocks are accurate representations of the actual testing environment, allowing you to assess your preparedness. When taking these tests, practice time management so that you can finish all of the questions within the allocated time on the actual exam.

Create a timetable with specific times for each topic you will discuss. Consistency is essential for good preparation. To minimize burnout, create a timetable that includes time for both study and rest.

Check the ICAI SPMT portal and ICAI announcements on a regular basis for updates or modifications to the ICAI self-paced module syllabus, exam structure, and other relevant information.

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FAQs

Q1. What is the SPMT?

The Self-Paced Module Test is an online examination system introduced by the ICAI. So it is for applicants who have finished their learning hours for the given courses.

Q2. How do I register for the SPMT?

The registration process can be completed through the SPMT portal using your SSP login credentials.

Q3. What are the fees for the SPMT?

The fee is Rs. 500 for tests in India, Rs. 850 for Nepal/Bhutan, and USD 150 for other international centres.

Q4. What subjects are included in the SPMT?

Current subjects include Corporate & Economic Laws, Strategic Cost and Performance Management, etc.

Q5. Can I choose my exam date and time?

The SPMT portal allows you to choose your preferred date, city, and exam slot.

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