The ICAI drafts and provides the CA Final exam pattern on its official website. Students must check the exam pattern before starting to prepare for the CA Final exams 2024.
As per the ICAI CA Final exam pattern 2024, there are 6 papers divided into two groups, each worth 100 marks. So, the total marks for the CA Final exams are 600. As per the passing criteria, students need to get 40 marks on each paper and a total of 300 marks to clear the exams. There is no negative marking for incorrect answers.
Students will get both objective and subjective questions in the exams. Furthermore, the mode of the CA Final exams is offline, i.e., pen and paper-based and the duration is 3 hours.
In this article, you’ll know the CA Final exam pattern 2024 in detail. VSI Jaipur was the first to talk about amendments in the new exam patterns and helped students achieve good marks. So, follow this page for future updates.
CA Final Exam Pattern 2024: Overview
The table below mentions the CA Final exam pattern for the 2024 exams:
| Particulars | Details |
| Mode of exam | Pen & Paper based |
| Medium of exam | English & Hindi |
| Duration of exam | 3 hours for each paper |
| Number of Groups | 2 Groups |
| Types of questions | Both Objective & Subjective |
| Exam conducting body | Institute of Chartered Accountants of India (ICAI) |
| Total number of papers | Eight papers |
| Frequency | Twice a year (May & November) |
| Marking scheme | 100 marks on each paper |
| Negative marking | No negative marking for wrong answers |
CA Final is the last stage of the CA course in India. After completing their 2.5 years of articleship in CA Final Level, candidates then become eligible to appear for CA final exams. Exams are held two times a year – in the month of May and November.
Students preparing for the CA Final 2024 exams must be aware of the CA New syllabus that ICAI is going to implement in the near future. In this CA new scheme, the ICAI has made changes to the Eligibility, Registration, Syllabus, Exam Pattern, Exemptions and Exit Route.
Furthermore, ICAI releases the CA Final Result May 2024 on 4th July (Tentative). Along with the result ICAI also releases the CA Final Pass Percentage or CA Final Toppers list. You can check the result from the mentioned link directly.
ICAI CA Final Exam Pattern for All Subjects
The Institute of Chartered Accountants follows a distinct exam pattern for the different subjects of the CA final level.
Paper 1: Financial Reporting (100 Marks)
Syllabus Modules | Chapters |
Module-1 | |
| Chapter 1: Introduction to Indian Accounting Standards | |
| Chapter 2: Conceptual Framework for Financial Reporting under Indian Accounting Standards (Ind AS) | |
Chapter 3: Ind AS on Presentation of Items in the Financial Statements
| |
Chapter 4: Ind AS on Measurement based on Accounting Policies
| |
| Chapter 5: Ind AS 115 “Revenue from Contracts with Customers” | |
Module-2 | |
Chapter 6: Ind AS on Assets of the Financial Statements
| |
Chapter 7: Other Indian Accounting Standards
| |
Module-3 | |
Chapter 8: Ind AS on Liabilities of the Financial Statements
| |
Chapter 9: Ind AS on Items impacting the Financial Statements
| |
Chapter 10: Ind AS on Disclosures in the Financial Statements
| |
Chapter 11: Accounting and Reporting of Financial Instruments
| |
Module-4 | |
| Chapter 12: Ind AS 103 “Business Combinations” | |
| Chapter 13: Consolidated and Separate Financial Statements of Group Entities | |
| Chapter 14: Ind AS 101 “First-time Adoption of Indian Accounting Standards” | |
| Chapter 15: Analysis of Financial Statements | |
| Chapter 16: Professional and Ethical Duty of a Chartered Accountant | |
| Chapter 17: Accounting and Technology |
Paper 2: Advanced Financial Management (100 Marks)
Syllabus Modules | Chapters |
Module-1 | |
| Chapter 1: Financial Policy and Corporate Strategy | |
| Chapter 2: Risk Management | |
| Chapter 3: Advanced Capital Budgeting Decisions | |
| Chapter 4: Security Analysis | |
| Chapter 5: Security Valuation | |
| Chapter 6: Portfolio Management | |
| Chapter 7: Securitization | |
| Chapter 8: Mutual Funds | |
| Chapter 9: Derivatives Analysis and Valuation | |
| Chapter 10: Foreign Exchange Exposure and Risk Management | |
| Chapter 11: International Financial Management | |
| Chapter 12: Interest Rate Risk Management | |
| Chapter 13: Business Valuation | |
| Chapter 14: Mergers, Acquisitions and Corporate Restructuring | |
| Chapter 15: Startup Finance |
Also, Read:- Strategy to Revise Full Course of CA Final in One Month.
Paper 3: Advanced Auditing, Assurance and Professional Ethics (100 Marks)
Syllabus Modules | Chapters |
Module-1 | |
| Chapter 1: Quality Control | |
| Chapter 2: General Auditing Principles and Auditors Responsibilities | |
| Chapter 3: Audit Planning, Strategy and Execution | |
| Chapter 4: Materiality, Risk Assessment and Internal Control | |
| Chapter 5: Audit Evidence | |
| Chapter 6: Completion and Review | |
| Chapter 7: Reporting | |
Module-2 | |
| Chapter 8: Specialised Areas | |
| Chapter 9: Audit-related Services | |
| Chapter 10: Review of Financial Information | |
| Chapter 11: Prospective Financial Information and Other Assurance Services | |
| Chapter 12: Digital Auditing and Assurance | |
| Chapter 13: Group Audits | |
| Chapter 14: Special Features of Audit of Banks and Non-Banking Financial Companies | |
Module-3 | |
| Chapter 15: Overview of Audit of Public Sector Undertakings | |
| Chapter 16: Internal Audit | |
| Chapter 17: Due Diligence, Investigation & Forensic Audit | |
| Chapter 18: Emerging Areas: Sustainable Development Goals (SDG) & Environment, Social and Governance (ESG) Assurance | |
| Chapter 19: Professional Ethics & Liabilities of Auditors |
Also know: Where to Join CA Final Coaching?
Paper 4: Direct Tax Laws and International Taxation (100 Marks)
Syllabus Modules | Chapters |
Module-1 | |
| Chapter 1: Basic Concepts | |
| Chapter 2: Incomes which do not form part of Total Income | |
| Chapter 3: Profits and Gains of Business or Profession | |
| Chapter 4: Capital Gains | |
| Chapter 5: Income from Other Sources | |
| Chapter 6: Income of Other Persons included in Assessee’s Total Income | |
| Chapter 7: Aggregation of Income, Set Off or Carry Forward of Losses | |
| Chapter 8: Deductions from Gross Total Income | |
Module-2 | |
| Chapter 9: Assessment of Various Entities | |
| Chapter 10: Assessment of Trusts and Institutions, Political Parties and Other Special Entities | |
| Chapter 11: Tax Planning, Tax Avoidance and Tax Evasion | |
| Chapter 12: Taxation of Digital Transactions | |
Module-3 | |
| Chapter 13: Deduction, Collection and Recovery of Tax | |
| Chapter-14 Income Tax Authorities | |
| Chapter-15 Assessment Procedure | |
| Chapter-16 Appeals and Revision | |
| Chapter-17 Dispute Resolution | |
| Chapter-18 Miscellaneous Provisions | |
| Chapter-19 Provisions to Counteract Unethical Tax Practices | |
| Chapter-20 Tax Audit and Ethical Compliances | |
Module-4 | |
| Chapter 21: Non Resident Taxation | |
| Chapter 22: Double Taxation Relief | |
| Chapter 23: Advance Rulings | |
| Chapter 24: Transfer Pricing | |
| Chapter 25: Fundamentals of BEPS | |
| Chapter 26: Application and Interpretation of Tax Treaties | |
| Chapter 27: Overview of Model Tax Conventions | |
| Chapter 28: Latest Developments in International Taxation |
Paper 5: Indirect Tax Laws (100 Marks)
Syllabus Modules | Chapters |
Module-1 | |
| Chapter-1 Supply Under GST | |
| Chapter-2 Charge Of GST | |
| Chapter-3 Place of Supply | |
| Chapter-4 Exemptions from GST | |
| Chapter-5 Time of Supply | |
| Chapter-6 Value Of Supply | |
Module-2 | |
| Chapter 7: Input Tax Credit | |
| Chapter 8: Registration | |
| Chapter 9: Tax Invoice, Credit and Debit Notes | |
| Chapter 10: Accounts and Records; E-way Bill | |
| Chapter 11: Payment of Tax | |
| Chapter 12: Electronic Commerce Transactions Under GST | |
| Chapter 13: Returns | |
Module-3 | |
| Chapter 14: Import and Export Under GST | |
| Chapter 15: Refunds | |
| Chapter 16: Job Work | |
| Chapter 17: Assessment and Audit | |
| Chapter 18: Inspection, Search, Seizure and Arrest | |
| Chapter 19: Demand and Recovery | |
| Chapter 20: Liability to Pay in Certain Cases | |
| Chapter 21: Offences and Penalties and Ethical Aspects under GST | |
| Chapter 22: Appeals and Revisions | |
| Chapter 23: Advance Ruling | |
| Chapter 24: Miscellaneous Provisions | |
Module-4 | |
| Chapter-1 Levy of Exemptions from Customs Duty | |
| Chapter-2 Types of Duty | |
| Chapter-3 Classification of Imported & Exported Goods | |
| Chapter-4 Valuation Under the Customs Act, 1962 | |
| Chapter-5 Importation and Exportation of Goods | |
| Chapter-6 Warehousing | |
| Chapter-7 Refund | |
| Chapter-8 Foreign Trade Policy |
Paper-6: Integrated Business Solutions (Multidisciplinary Case Study with Strategic Management)
Section A: Corporate and Economic Laws
Syllabus Modules | Chapters |
Module-1 | |
| Section A: Company Law | |
| Chapter 1: Appointment and Qualification of Directors | |
| Chapter 2: Appointment and Remuneration of Managerial Personnel | |
| Chapter 3: Meetings of Board and Its Powers | |
| Chapter 4: Inspection, Inquiry and Investigation | |
| Chapter 5: Compromises, Arrangements and Amalgamations | |
| Chapter 6: Prevention of Oppression and Mismanagement | |
| Chapter 7: Winding Up | |
| Chapter 8: Miscellaneous Provisions | |
| Chapter 9: Adjudication, Special Courts, National Company Law Tribunal & National Company Law Appellate Tribunal | |
| Chapter 10: e-Filing | |
Module-2 | |
| Section B: Securities Laws | |
| Chapter 1: SEBI Act, 1992, SEBI (LODR) Regulations, 2015, SEBI (ICDR) Regulations, 2018, SEBI (SAST) Regulations, 2011 and SEBI (PIT) Regulations, 2015 | |
| Part II: Economic Laws | |
| Chapter 1: The Foreign Exchange Management Act, 1999 | |
| Chapter 2: The Foreign Contribution Regulation Act, 2010 | |
| Chapter 3: The Insolvency and Bankruptcy Code, 2016 |
Section B: Strategic Cost & Performance Management
Syllabus Modules | Chapters |
Module-1 (Strategic Cost Management) | |
| Chapter 1: Introduction to Strategic Cost Management | |
| Chapter 2: Modern Business Environment | |
| Chapter 3: Lean System and Innovation | |
| Chapter 4: Specialist Cost Management Techniques | |
| Chapter 5: Management of Cost Strategically for Emerging Business Models | |
| Chapter 6: Strategic Revenue Management | |
| Chapter 7: Strategic Profit Management | |
Module-2 (Strategic Performance Management) | |
| Chapter 8: An Introduction to Strategic Performance Management | |
| Chapter 9: Strategic Performance Measures in Private Sector | |
| Chapter 10: Strategic Performance Measures in the Non-for-Profit Organisations | |
| Chapter 11: Preparation of Performance Reports | |
| Chapter 12: Divisional Transfer Pricing | |
| Chapter 13: Standard Costing | |
| Chapter 14: Case Study |
Also know: सीए फाइनल कोर्स की पूरी जानकारी ( CA Final Course Guide in Hindi)
Skills-wise Distribution in CA Final Papers
| Paper | Level IComprehension and Knowledge | Level IIApplication | Level IIIEvaluation and Synthesis |
|---|---|---|---|
| Paper 1 Financial Reporting | 5%-15% | 60%-85% | 10%-25% |
| Paper 2 Strategic Financial Management | 10%-20% | 20%-40% | 50%-60% |
| Paper 3 Advanced Auditing and Professional Ethics | 20%-35% | 45%-70% | 10%-20% |
| Paper 4 Part I: Corporate Laws | 10%-20% | 60%-70% | 15%-25% |
| Paper 4 Part II: Economic Laws | 40%-60% | 40%-60% | |
| Paper 5: Strategic Cost Management and Performance Evaluation | 10%-15% | 45%-55% | 35%-40% |
| Paper 7 Part I: Direct Tax Laws | 5%-10% | 60%-80% | 15%-30% |
| Paper 7: Part II: International Taxation | 15%-25% | 75%-85% | |
| Paper 8: Indirect Tax Laws | |||
| Part I: Goods and Service Tax | 10%-30% | 40%-70% | 20%-30% |
| Part II: Customs & FTP | 20%-40% | 40%-70% | 10%-20% |
Check Detailed Marks Distribution for all CA Final Subjects (under the new scheme)
CA Final Paper Pattern 2024
CA Final Marking Scheme & Passing Criteria
According to the new ICAI exam pattern, the passing criteria and marking scheme are as follows:-
- Each paper in the exam will be of a maximum of 100 marks according to the new pattern of CA final 2024.
- For clearing the group it is mandatory for the applicants to score at least forty per cent marks in every subject.
- According to the CA final exam 2024, 0.25 negative marking will be there.
- The new pattern of the CA final exam states that at least fifty per cent of marks in aggregate are required.
- Applicants who score more than sixty per cent marks in any of the papers can claim the exemption in the final exam of CA.
Check more details about the CA Final results, like release date, passing criteria, topper’s list and statement of marks, through the given link.
Medium & Mode of CA Final Exams
According to the new pattern for the CA Final exam in all the centres, the exam will get conducted in pen-paper(offline) mode. In both English and Hindi languages, the applicants can give their exams.
Students can choose the language while filing the CA Final exam form Nov 2024.
Duration of CA Final Exam
Applicants will be provided 3 hrs. duration for every paper in CA final 2024 according to the new exam pattern. In addition to these 15 minutes, extra are also provided to applicants for reading the paper.
The CA Final exam date can tentitively be released in last week of October for the May 2024 exams. Students must check the timetable and prepare accordingly for the exams.
CA Final Syllabus
All the subjects are included in CA final 2024 syllabus. Applicants can prepare for CA final 2024 after referring to the syllabus which is there on its official website. According to the new syllabus for the Final CA exam 2024, May 2024 applicants can appear.
CA Final Preparation Tips for May 2024
All applicants must follow the essential tips when they prepare for CA Final Exam 2024. Some Preparation tips suggested by experts are listed below:-
- After you register for the CA final 2024 you must then refer to the institute’s study material.
- In the last 2 months of your preparation, you must regularly solve CA Final papers including past year papers, mock test papers and revision test papers.
- For understanding the new pattern for CA final 2024 exam we advise applicants to visit the official ICAI website and solve the important model test papers.
- Much importance to the CA final 2024 practical part must be given by the applicants.
Students should download the CA Final 2024 admit card early as it is released to avoid last-minute inconvenience. Also, take the photo copies of the admit card as it can be downloaded for only 3 times.
You must read the following article if you are aspiring for the CA Final Law Paper 2024. This article mainly includes updated Mock Test series, Completely updated Syllabus, Revision Test Papers, and ICAI Study Material. Complete lectures for making your CA Final preparation better are provided by the Jaipur’s VSI Institute. It is the best place that one can ask for in Jaipur which provides pen drive classes too. The VSI team wishes good wishes to all the CA Final aspirants. The institute suggests that one should study hard while being at home safely.
Also Know: How to get rank in CA Final Examination in 3 Months?
FAQs
Q 1. What are the exam dates for the CA Final Nov 2024 exams?
Ans. The CA Final exam dates have not yet been disclosed by the ICAI. It will be announced soon.
Q 2. Is ICAI study material enough in CA Final Preparation?
The study material provided by ICAI is ample and sufficient for cracking the CA final exam. One must go through this material completely to score high marks in the exams.
Q 3. How many attempts do I have for the CA Final exams?
Students have 10 attempts or 5 years after registration to clear the CA Final exams. Afterwards, they can also re-validate their registration.