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Download ICAI CA Final New Study Material May 2024 in PDF Format

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Students, are you looking for ICAI CA Final Study Material? Then, you will land on the correct page for Study Material of CA Final. On this page, we are sharing the CA Final Study Material and the Practice Manual with you. You can download the ICAI Final Study Material 2024 for the New Syllabus (English and Hindi). The CA Final Study Material PDF provided on this page applies to the May 2024 exams.

After your CA Final Registration is completed, ICAI will send you the study material in a hard copy at your specified address. However, if students want to download the CA Final study material in PDF form, it can be downloaded from this page. Furthermore, ICAI will release the CA Final Admit Card for the May 2024 exam. To know the release date and download process, check the article.

Also Check: CA New Scheme 2024

You can also check the CA Course details on this page.

CA Final coaching classes for Nov 2024

The ICAI CA Final Module is actually very important; it does not matter how many other books you are already referencing. ICAI CA Final Study Material gives you an idea of what ICAI is actually demanding from you. The writing skills, presentation, questions asked, and everything is clearly explained in ICAI Study Material. Students can also check out the latest CA Final syllabus for the upcoming examinations. The latest ICAI CA Final Study Material is applicable for May 2024 and onwards and is mentioned below. Along with the study material, you’ll also get the CA Final question papers with suggested answers, MTPs, RTPs, and references for fast revision.

The CA Final Subjects for the May 2024 attempt are:

CA Final Group 1 Subjects (New Syllabus)

  1. Paper-1: Financial Reporting
  2. Paper-2: Advanced Financial Management
  3. Paper-3: Advanced Auditing, Assurance and Professional Ethics

CA Final Group 2 Subjects (New Syllabus)

  1. Paper-4: Direct Tax Laws & International Taxation
  2. Paper-5: Indirect Tax Laws
  3. Paper-6: Integrated Business Solutions (Multidisciplinary Case Study with Strategic Management)

In the below sections, we have mentioned the downloading link of the ICAI CA Final Study Material for the new scheme. Other than CA Final Study Material, you can also download the CA Final Practice Manual from this page.

Furthermore, ICAI will release the CA Final Result in May 2024 in the month of June 2024. 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.

For Preparation, you can also download CA Final Papers from our website.

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Download ICAI CA Final Study Material (New Syllabus)

Paper 1: Financial Reporting CA Final Study Material 2024

This is the first paper of CA Final Financial Reporting considered to be the most scoring subject of Group First of CA Final. In this CA Final Module, you will develop an understanding of Accounting Standards, Valuation, Corporate Financial Reporting, etc.

Students need to solve more and more practical questions for achieving exemption in this subject.

Syllabus Modules
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
  • Unit 1: Ind AS 1 “Presentation of Financial Statements”
  • Unit 2: Ind AS 34 “Interim Financial Reporting”
  • Unit 3: Ind AS 7 “Statement of Cash Flows”
Chapter 4: Ind AS on Measurement based on Accounting Policies
  • Unit 1: Ind AS 8 “Accounting Policies, Changes in Accounting Estimates and Errors”
  • Unit 2: Ind AS 10 “Events after the Reporting Period”
  • Unit 3: Ind AS 113 “Fair Value Measurement”
Chapter 5: Ind AS 115 “Revenue from Contracts with Customers”
Chapter 6: Ind AS on Assets of the Financial Statements
  • Unit 1: Ind AS 2 “Inventories”
  • Unit 2: Ind AS 16 “Property, Plant and Equipment”
  • Unit 3: Ind AS 23 “Borrowing Costs”
  • Unit 4: Ind AS 36 “Impairment of Assets”
  • Unit 5: Ind AS 38 “Intangible Assets”
  • Unit 6: Ind AS 40 “Investment Property”
  • Unit 7: Ind AS 105 “Non-current Assets Held for Sale and Discontinued Operations”
  • Unit 8: Ind AS 116 “Leases”
Chapter 7: Other Indian Accounting Standards
  • Unit 1: Ind AS 41 “Agriculture”
  • Unit 2: Ind AS 20 “Accounting for Government Grants and Disclosure of Government Assistance”
  • Unit 3: Ind AS 102 “Share Based Payment”
Chapter 8: Ind AS on Liabilities of the Financial Statements
  • Unit 1: Ind AS 19 “Employee Benefits”
  • Unit 2: Ind AS 37 “Provisions, Contingent Liabilities and Contingent Assets”
Chapter 9: Ind AS on Items impacting the Financial Statements
  • Unit 1: Ind AS 12 “Income Taxes”
  • Unit 2: Ind AS 21 “The Effects of Changes in Foreign Exchange Rates”
Chapter 10: Ind AS on Disclosures in the Financial Statements
  • Unit 1: Ind AS 24 “Related Party Disclosures”
  • Unit 2: Ind AS 33 “Earnings per Share”
  • Unit 3: Ind AS 108 “Operating Segments”
Chapter 11: Accounting and Reporting of Financial Instruments
  • Unit 1: Financial Instruments: Scope and Definitions
  • Unit 2: Classification and Measurement of Financial Assets and Financial Liabilities
  • Unit 3: Financial Instruments: Equity and Financial Liabilities
  • Unit 4 : Derivatives and Embedded Derivatives
  • Unit 5: Recognition and Derecognition of Financial Instruments
  • Unit 6: Hedge Accounting
  • Unit 7: Disclosures
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
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Check: CA Final Result

Paper 2: Advance Financial Management Study Material CA New Scheme

The Second subject of CA Final Strategic Financial Management has two parts, Part 1- Capital Budgeting and Portfolio Management.

This Subject develops the understanding of students regarding how capital flows. Advanced Financial Management includes topics like Finance like Mutual Funds, International Financial Management, Corporate Valuation, mergers, Acquisition, Foreign Exchange, etc.

Module 1Initial Pages
Chapter 1: Financial Policy and Corporate StrategyFinancial Policy and Corporate Strategy
Chapter 2: Risk ManagementRisk Management
Chapter 3: Advanced Capital Budgeting DecisionsAdvanced Capital Budgeting Decisions
Chapter 4: Security AnalysisSecurity Analysis
Chapter 5: Security ValuationSecurity Valuation
Chapter 6: Portfolio ManagementPortfolio Management
Chapter 7: SecuritizationSecuritization
Chapter 8: Mutual FundsMutual Funds
Chapter 9: Derivatives Analysis and ValuationDerivatives Analysis and Valuation
Chapter 10: Foreign Exchange Exposure and Risk ManagementForeign Exchange Exposure and Risk Management
Chapter 11: International Financial ManagementInternational Financial Management
Chapter 12: Interest Rate Risk ManagementInterest Rate Risk Management
Chapter 13: Business ValuationBusiness Valuation
Chapter 14: Mergers, Acquisitions and Corporate RestructuringMergers, Acquisitions and Corporate Restructuring
Chapter 15: Startup FinanceStartup Finance

Paper 3: Advanced Auditing, Assurance and Professional Ethics Study Material CA New Scheme

This is the third subject of CA Final Advanced Auditing, and Professional Ethics is the largest subject of CA Final. This is purely a theory-based subject, and it is divided into two parts, i.e.  Advanced Auditing and Professional Ethics.

Students need to learn its technical terms by heart to score good marks in this subject.

Module 1Initial Pages
Chapter 1: Quality ControlQuality Control
Chapter 2: General Auditing Principles and Auditors ResponsibilitiesGeneral Auditing Principles and Auditors Responsibilities
Chapter 3: Audit Planning, Strategy and ExecutionAudit Planning, Strategy and Execution
Chapter 4: Materiality, Risk Assessment and Internal ControlMateriality, Risk Assessment and Internal Control
Chapter 5: Audit EvidenceAudit Evidence
Chapter 6: Completion and ReviewCompletion and Review
Chapter 7: ReportingReporting
Module 2Initial Pages
Chapter 8: Specialised AreasSpecialised Areas
Chapter 9: Audit-related ServicesAudit-related Services
Chapter 10: Review of Financial InformationReview of Financial Information
Chapter 11: Prospective Financial Information and Other Assurance ServicesProspective Financial Information and Other Assurance Services
Chapter 12: Digital Auditing & AssuranceDigital Auditing & Assurance
Chapter 13: Group AuditsGroup Audits
Chapter 14: Special Features of Audit of Banks & Non-Banking Financial CompaniesSpecial Features of Audit of Banks & Non-Banking Financial Companies
Module 3Initial Pages
Chapter 15: Overview of Audit of Public Sector UndertakingsOverview of Audit of Public Sector Undertakings
Chapter 16: Internal AuditInternal Audit
Chapter 17: Due Diligence, Investigation & Forensic AuditDue Diligence, Investigation & Forensic Audit
Chapter 18: Emerging Areas: Sustainable Development Goals (SDG) & Environment, Social and Governance (ESG) AssuranceEmerging Areas: Sustainable Development Goals (SDG) & Environment, Social and Governance (ESG) Assurance
Chapter 19: Professional Ethics & Liabilities of AuditorsProfessional Ethics & Liabilities of Auditors

Paper 4: Direct Tax Laws and International Taxation (100 Marks)

Corporate and economic laws are the fourth subject of CA Final, covering all company law and law related to the economy, which helps to develop an in-depth understanding of the legal rules of the economy and corporations.

Syllabus Modules
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
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
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
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
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
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
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
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
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
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
(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
(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

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Download CA Final Mock Test Paper and Revision Test Papers May 2024

CA Final Course is the last stage before you enter the real world of certified Chartered Accountants. It is important you give your best and get a good All India Rank with high marks. To achieve this goal, you must practice multiple mock test papers and revision test papers designed as per the new scheme.

The CA Final exam dates for the May 2024 attempt will be released soon. As per the past timetables, the exams will be held in the first half of May 2024.

Frequently Asked Questions

Ques 1- How many times a student can attempt CA Final Exams?

Ans. A Student can attempt for 5 years, i.e. can give 10 attempts for CA Final Exams.

Ques 2- Minimum Marks required for claiming exemption in CA Final Exams?

Ans. A minimum of 60% or more is required to claim an exemption in CA Final Exams.

Ques 3- How many choices are given in the Elective Paper?

Ans. Students have six choices given in the Elective Paper.

Ques 4 – How many Subjects are there in the CA Final Course?

Ans. There are a total of 6 subjects in the CA Final Course

Ques 5- How many marks are required to pass the CA Final Exams?

Ans. A minimum of 40% of marks in each subject and an aggregate of 50% of marks in all subjects is required to clear the CA Final Exams.

Ques 6- How to Get a Rank in the CA Final Examination?
Ans- Complete your whole syllabus and Revise the CA Final Syllabus as much as possible. Practice through CA Final Paper, Mock test papers, Previous Year Question Paper, Sample Paper, and Revision test papers. Then, you’ll be able to get a good rank in the CA Final Exam.

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