ICAI CA Syllabus 2023 is released by ICAI. Candidates appearing for the exam should check the ICAI syllabus in order to prepare for the examination. Candidates will be able to find the CA syllabus in the official notification. The CA course syllabus includes topics related to taxation, auditing, and business law. Since CA exam has three levels including CA Foundation, CA Intermediate, and CA Final, the syllabus for all three levels are different.
Candidates who are appearing for the May session exam are advised to check the syllabus before starting their preparation. In order to get the professional CA certificate, candidates have to clear the examinations of all three levels. Further, candidates should note that they have to complete the syllabus of all three levels on time to clear the exam. After going through the syllabus, candidates will have a better idea of the topics which need to be covered during the exam.
Candidates must note that the ICAI CA exams for Foundation, Intermediate, and Final courses are conducted twice a year - May and November. The ICAI CA syllabus also consists of the marking scheme and the weightage. Hence, candidates will have an idea that which topic will consist of more weightage. Further, candidates must know that if they have not cleared the first-course level they will not be able to move to the next level. However, those candidates who have already pursued their CA course after completing their graduation are able to take direct admission to CA intermediate course level.
ICAI CA Syllabus 2023
The CA exam syllabus is based on the syllabus prescribed by the ICAI. With in-depth knowledge of the ICAI CA syllabus, candidates can easily prepare for the accountancy exam, and there are also chances for the candidate to score well. Apart form studying the CA syllabus, candidates should also study the CA exam pattern.
CA Foundation Course Syllabus
The CA Foundation course is bifurcated into four different parts. Take a look at the topics covered in each four sections of the papers
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Module
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Table
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Module 1
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- Theoretical Framework
- Accounting Process
- Bank Reconciliation Statement
- Inventories
- Concept and Accounting of Depreciation
- Accounting for Special Transactions
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Module 2
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- Preparation of Final Accounts of Sole Proprietors
- Partnership Accounts
- Chapter 9: Financial Statements of Not-for-Profit Organizations
- Chapter 10: Company Accounts
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CA Foundation Paper-2: Business Laws and Business Correspondence and Reporting
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Paper
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Chapters
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Paper 1 Sec A: Business Laws
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- The Indian Contract Act, 1872
- The Sale of Goods Act, 1930
- The Indian Partnership Act, 1932
- The Limited Liability Partnership Act, 2008
- The Companies Act, 2013
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Paper 2 Sec B: Business Correspondence and Reporting
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- Communication
- Sentence Types and Direct-Indirect, Active-Passive Speech
- Vocabulary
- Comprehension Passages
- Note Making
- Introduction to Basics of Writing
- Precis Writing
- Article Writing
- Report Writing
- Writing Formal Letters and Official Communication
- Writing Formal Mails
- Resume Writing
- Meetings
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CA Foundation Paper-3: Business Mathematics, Logical Reasoning and Statistics
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Parts
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Chapters
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Part A: Business Mathematics
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- Ratio and Proportion, Indices, Logarithms
- Equations and Matrices
- Linear Inequalities
- Time Value of Money
- Basic Concepts of Permutations and Combinations
- Sequence and Series - Arithmetic and Geometric Progressions
- Sets, Functions and Relations
- Basic Concepts of Differential and Integral Calculus
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Part B: Logical Reasoning
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- Number Series, Coding and Decoding and Odd Man Out
- Direction Tests
- Seating Arrangements
- Blood Relations
- Syllogism
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Part-C: Statistics
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- Statistical Description of Data
- Measures of Central Tendency and Dispersion
- Probability
- Theoretical Distributions
- Correlation And Regression
- Index Number and Time Series
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CA Foundation Paper-4: Business Economics and Business and Commercial Knowledge
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Part
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Chapters
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Part I: Business Economics
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- Nature & Scope of Business Economics
- Theory of Demand and Supply
- Theory of Production and Cost
- Meaning and Types of Markets
- Business Cycles
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Part 2: Business and Commercial Knowledge
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- Business and Commercial Knowledge – An Introduction
- Business Environment
- Business Organizations
- Government Policies for Business Growth
- Organizations Facilitating Business
- Common Business Terminologies
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CA Intermediate Syllabus
The CA Intermediate course is divided into two groups and consists of eight papers on accounting, auditing, business law, taxation, and other topics. Take a look at the table below for the CA Intermediate syllabus:
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Group
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Chapters
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Group I
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- Accounting
- Business Laws, Ethics and Communication
- Cost Accounting and Financial Management
- Taxation
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Group II
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- Advanced Accounting
- Auditing and Assurance
- Information Technology and Strategic Management
- Financial Management and Economics for Finance
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ICAI CA Final Course Syllabus
Take a look below at the given syllabus of the ICAI CA final course. The syllabus mainly includes several topics such as tax and financial management. Further, the CA Final course has eight papers and paper 6 has six parts.
CA Final Paper 1: Financial Reporting
- Framework for Preparation and Presentation of Financial Statements
- Integrated Reporting
- Application of Indian Accounting Standards (Ind AS)
- Analysis of Financial Statements
- Indian Accounting Standards on Group Accounting
- Corporate Social Responsibility Reporting
- Accounting and Reporting of Financial Instruments (as per Ind AS)
CA Final Paper 2: Strategic Financial Management
- Financial Policy and Corporate Strategy
- Securitization
- Risk Management
- Portfolio Management
- Mutual Fund
- Security Analysis
- Derivatives Analysis and Valuation
- Foreign Exchange Exposure and Risk Management
- Security Valuation
- Interest Rate Risk Management
- Startup Finance
- Mergers, Acquisitions and Corporate Restructuring
- Corporate Valuation
CA Final Paper 3: Advanced Auditing and Professional Ethics
- Auditing Standards, Statements and Guidance Notes
- Audit under Fiscal Laws
- Special features of audit of Banks, Insurance & Non-Banking Financial Companies
- Audit Planning, Strategy and Execution
- Audit of Public Sector Undertakings
- Special Aspects of Auditing in an Automated Environment
- Risk Assessment and Internal Control
- Liabilities of Auditors
- Audit Reports
- Internal Audit, Management and Operational Audit
- Due Diligence, Investigation and Forensic Audit
- Audit of Limited Companies
- Peer Review and Quality Review
- Audit of Consolidated Financial Statements
- Audit Committee and Corporate Governance
- Professional Ethics
CA Final Paper 4: Corporate and Economic Laws
- Company Law
- Securities Laws
CA Final Paper 5: Strategic Cost Management and Performance Evaluation
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Part
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Subjects
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Part A: Strategic Cost Management and Decision Making
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- Strategic Cost Management
- Cost Management Techniques
- Cost Management for Specific Sectors
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Part A: Strategic Decision Making
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- Decision Making
- Pricing Strategies/ Decisions
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Part B: Performance Evaluation and Control
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- Performance Measurement and Evaluation
- Divisional Transfer Pricing
- Strategic Analysis of Operating Income
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Part B: Managerial Control
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- Budgetary Control
- Standard Costing
- Case Study
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CA Final Paper 6 A: Risk Management
- Introduction to risk
- Credit risk measurement and management
- The risk associated with corporate governance
- Source and evaluation of risks
- Enterprise Risk Management
- Risk management
- Operational Risk Management
- Evaluation of Risk Management Strategies
- Risk model
CA Final Paper 6 B: Financial Services and Capital Markets
- Global Financial Markets
- Impact of Various Policies of Financial Markets
- Impact of Various Policies of Financial Markets
- Global Financial Markets
- Capital Market - Primary
- Capital Market - Primary
- Capital Market - Secondary
- Capital Market - Secondary
- Money Market
- Money Market
- Commodity Market
- Institutions and Intermediaries
- Commodity Market
- Institutions and Intermediaries
- Banking as a source of Capital including NBFCs
- Banking as a source of Capital including NBFCs
- Mutual Funds
CA Final Paper 6 C: International Taxation
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Part
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Subjects
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Part I : Taxation of International Transactions and Non-resident Taxation in India
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- Transfer Pricing provisions under the Income-tax Act, 1961
- Other Provisions relating to the taxation of international transactions and non-resident taxation under the Income-tax Act, of 1961
- Law and Procedures under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 – An Overview.
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Part II: Other Aspects of International Taxation
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- Overview of Model Tax Conventions
- Tax Treaties, Application and Interpretation
- Anti Avoidance Measures
- Taxation of E-Commerce Transactions
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CA Final Paper 6 D: Economic Laws
- World Trade Organization (WTO) covering its Role, Principles, Functions and Dispute Settlement Mechanism
- Foreign Exchange Management Act, 1999 and Rules/ Regulations
- Competition Act, 2002 and Rules/ Regulations
- Prevention of Money Laundering Act, 2002 and Rules/ Regulations
- Insolvency and Bankruptcy Code, 2016 and Rules/ Regulations
- Prohibition of Benami Property Transactions Act, 1988 and Rules/ Regulations
- Real Estate (Regulation and Development) Act, 2016 [Central Act and Rules/ Regulations]
CA Final Paper 6 E: Global Financial Reporting Standards
- Conceptual Framework for Financial Reporting as per IFRS
- Application of International Financial Reporting Standards
- Significant differences between IFRS and US GAAP
CA Final Paper 6 F: Multidisciplinary Case Study
- Financial Accounting and Reporting
- Management Accounting
- Audit and Assurance
- Corporate Laws
- Taxation
- Business Strategy and Management
- Finance and Financial Management
CA Final Paper 7: Direct Tax Laws and International Taxation
- Part I: Direct Tax Laws
- Part II: International Taxation
CA Final Paper 8: Indirect Tax Law
- Part-I: Goods and Services Tax
- Part II: Customs & FTP
NOTE: CA exam pattern as well as CA syllabus helps the candidate to secure their desired CA results 2023.
