CA intermediate Syllabus
Intermediate exam
The intermediate exam is descriptive as well as objective in nature. It is a second-level exam of Chartered Accountancy. The exam is conducted in Hindi and English. It consists of 8 papers but papers 1,4 and 5 are held in English only.
Course Details
The course details to be a CA are mentioned below.
Syllabus
Group 1
Group 1 consists of 4 papers which are listed below. These four papers are of 100 marks each.
Paper 1: Accounting
The table mentioned below includes the CA Intermediate syllabus of Paper 1 i.e., Accounting. The whole accounting syllabus is divided into 6 parts and students should go through each of them in detail.
Objective: To make the students learn the ability to apply the accounting standards and legislations to various transactions and events. It also helps in preparing and presenting the financial statements of businesses.
| S No. | Contents |
|---|---|
| 1 | Process of formulation of Accounting Standards including Ind ASs (IFRS converged standards) and IFRSs; convergence vs adoption; objective and concepts of carve-outs. |
| 2 | Framework for Preparation and Presentation of Financial Statements |
| 3 | Applications of Accounting Standards |
| 4 | Company Accounts |
| 5 | Accounting for Special Transactions |
| 6 | Special Type of Accounting |
Paper 2: Corporate Laws & other Laws
Part I- Company Law (The Companies Act, 2013 – Sections 1 to 148) (60 Marks)
| S. No. | Contents |
|---|---|
| 1 | Preliminary |
| 2 | Incorporation of Company and Matters Incidental thereto |
| 3 | Prospectus and Allotment of Securities |
| 4 | Share Capital and Debentures |
| 5 | Acceptance of Deposits by Companies |
| 6 | Registration of Charges |
| 7 | Management and Administration |
| 8 | Declaration and Payment of Dividend |
| 9 | Accounts of Companies |
| 10 | Audit and Auditors |
Part II- Other Laws (40 Marks)
| S. No. | Contents |
|---|---|
| 1 | The Contract Act, 1872 |
| 2 | The Negotiable Instruments Act, 1881 |
| 3 | The General Clauses Act, 1897 |
| 4 | Interpretation of statutes |
Paper 3: Cost & Management Accounting
The syllabus for paper 3 CA inter Cost Management Accounting is given below. Candidates can check the detailed Cost and Management Accounting Syllabus. Every topic in the syllabus is mandatory for students to prepare for the CA Intermediate exam.
Objective:
- To acquire the ability to determine the prices by establishing the cost associated with production of products and provisions of services and develop the understanding the basic concepts.
- To make students understand about the cost accounting statements.
- Students will learn how to use the information for finding cost, planning, controlling and decision making.
| S. No. | Contents |
|---|---|
| 1 | Overview of Cost and Management Accounting |
| 2 | Ascertainment of Cost and Cost Accounting System |
| 3 | Methods of Costing |
| 4 | Cost Control and Analysis |
Paper 4: Taxation
CA inter Taxation is a subject that requires continuous revision. Every student must go through the taxation syllabus prior to the preparation. Taxation is divided into two parts- Income tax law and indirect taxes. Given below is the inter syllabus for taxation. Students can check out a detailed Taxation syllabus for CA intermediate exam.
Objective: To understand the provisions of Income Tax law & GST law, and to apply the acquired knowledge in computations and addressing the application-oriented issues.
Part A– Income Tax Law (60 Marks)
| S. No. | Contents |
|---|---|
| 1 | Basic Concepts |
| 2 | Residential Status and scope of total income |
| 3 | Incomes that do not form part of total income (other than charitable trusts and institutions, political parties, and electoral trusts) |
| 4 | Heads of income and provisions governing computation of income under different heads |
| 5 | Income of other persons included in the assessee’s total income |
| 6 | Aggregation of income; set-off, or carry forward and set-off of losses |
| 7 | Deductions from gross total income |
| 8 | Computation of total income and tax liability of individuals |
| 9 | Advance tax, tax deduction at source, and Introduction to tax collection at source |
| 10 | Provisions for filing return of income and self-assessment |
Part B– Indirect Taxes (40 Marks)
| S. No. | Contents |
|---|---|
| 1 | Concept of Indirect Taxes |
| 2 | Goods and Service Tax (GST) Laws |
Group 2
Group 2 consists of 4 papers. They are as follows. These four papers are of 100 marks each.
Paper 5: Advanced Accounting
Given below is the list of contents of CA Inter advanced accounting syllabus which is mandatory for the exam. Students can check the detailed advanced accounting syllabus. It provides all the information regarding marking schemes, question patterns, etc.
Objective:
- To be able to apply the accounting standards and legislations to various events and transaction. To acquire the ability to prepare and present the financial statements of businesses.
- To develop the understanding and to apply financial reporting and regulatory requirements of Banking companies and NBFCs.
| S. No. | Contents |
|---|---|
| 1 | Application of Accounting Standards |
| 2 | Special Aspects of Company Accounts |
| 3 | Reorganization and Liquidation of Companies |
| 4 | Banking Companies and Non-Banking Financial Companies and regulatory requirements thereof |
| 5 | Consolidated Financial Statements |
| 6 | Dissolution of partnership firms |
Paper 6: Auditing and Assurance
Given below is the syllabus for the CA inter auditing and assurance. Students can check the detailed syllabus of the CA Intermediate of auditing and assurance.
Objective: To understand the concepts of auditing and also the generally accepted auditing procedures, techniques and skills. Other than that, acquire the ability to apply the knowledge in audit and attestation engagements.
| S. No. | Contents |
|---|---|
| 1 | Nature, Objective, and Scope of Audit |
| 2 | Audit Strategy, Audit Planning, and Audit Programme |
| 3 | Audit Documentation and Audit Evidence |
| 4 | Risk Assessment and Internal Control |
| 5 | Fraud and Responsibilities of the Author in this regard |
| 6 | Audit in an Automated Environment |
| 7 | Audit Sampling |
| 8 | Analytical Procedures |
| 9 | Audit of Items of Financial Statements |
| 10 | The Company Audit |
| 11 | Audit Report |
| 12 | Audit of Banks |
| 13 | Audit of Different Types of Entities |
Paper 7: Enterprise Information Systems & Strategic Management
The paper 7 is divided into 2 sections namely – Enterprise Information System, and Strategic Management. The syllabus of both of the sections are mentioned below. Here, the students will learn about the information systems and how it is making its impact on processes and controls.
Section A– Enterprise Information System (50 Marks)
Objective: To understand the technology enabled Information Systems and its impact on enterprise-wide processes, risks and controls.
| S. No. | Contents |
|---|---|
| 1 | Automated Business Processes |
| 2 | Financial and Accounting Systems |
| 3 | Information Systems and its Components |
| 4 | E-commerce, M-commerce, and Emerging Technologies |
| 5 | Core Banking Systems |
Section B–Strategic Management (50 Marks)
Objective: To understand the concepts of strategic management and techniques and the ability to apply the same in business situations.
| S. No. | Contents |
|---|---|
| 1 | Introduction to Strategic Management |
| 2 | Dynamics of Competitive Strategy |
| 3 | Strategy Management Process |
| 4 | Corporate Level Strategies |
| 5 | Business Level Strategies |
| 6 | Functional Level Strategies |
| 7 | Organization and Strategic Leadership |
| 8 | Strategy Implementation and Control |
Paper 8: Financial Management and Economics for Finance
Read all the topics that you are going to study for the last paper of the intermediate exams. The last subject of the CA Intermediate Syllabus is also divided into 2 sections. The first part is financial management and the second part is economics for finance. Read the complete syllabus of the last CA inter subject in the table given below.
Part A– Financial Management (60 Marks)
Objective: To understand different aspects of Financial Management and to apply such knowledge in decision-making.
| S. No. | Contents |
|---|---|
| 1 | Financial Management and Financial Analysis |
| 2 | Financing Decisions |
| 3 | Capital Investment and Dividend Decisions |
| 4 | Management of Working Capital |
Part B– Economics for Finance (40 Marks)
Objective: To understand the theories and concepts of Economics in the context of Finance and to address application oriented issues.
| S. No. | Contents |
|---|---|
| 1 | Determination of National Income |
| 2 | Public Finance |
| 3 | The Money Market |
| 4 | International Trade |