CA Foundation May 2023 Batch Starting From Oct 3CA Intermediate Syllabus & Subjects 2022 for Nov Exams – Download PDF
The ICAI has released the CA Intermediate syllabus 2022 for the Nov exams. Students can download the syllabus pdf from the BOS portal of the ICAI official website or this page.
The CA Intermediate course includes eight subjects divided into two groups – Groups 1 & 2. Before preparing for the Intermediate exams, students must go through the complete syllabus of each subject to know the topics that need to be covered. It will also contain the marking scheme of the topics.
So, in this article, you’ll know the CA Inter syllabus and subjects for the Nov 2022 exams according to the ICAI study material. Furthermore, we have also mentioned the marks weightage and exam pattern.
Table of Contents
ICAI CA Intermediate Subjects Syllabus 2022
Paper 1 – Accounting
The whole CA Inter accounts syllabus 2022 is divided into 6 parts and students should go through each of them in detail. Check the table below to know the CA Intermediate syllabus 2022 for Paper 1 i.e., Accounting.
Objective: To make the students learn the ability to apply accounting standards and legislation to various transactions and events. It also helps in preparing and presenting the financial statements of businesses.
| Contents | Topics |
|---|---|
| Process of formulation of Accounting Standards including Ind ASs (IFRS converged standards) and IFRSs; convergence vs adoption; objective and concepts of carve-outs. | |
| Framework for Preparation and Presentation of Financial Statements | |
| Applications of Accounting Standards |
|
| Company Accounts |
|
| Accounting for Special Transactions |
|
| Special Type of Accounting |
|
Must Read: CA Course
Paper 2 – Corporate and Other Laws
Given below is the detailed CA Intermediate syllabus of Corporate and Other Law. Candidates appearing for the Intermediate exam should go through all the topics of the CA Inter Law syllabus.
Part I. Company Law (The Companies Act, 2013 – Sections 1 to 148)
Objective: The students here will develop an understanding of the provisions of company law. Apart from that, they’ll learn how to address application-oriented issues.
| 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 |
Students can also read the CA Intermediate Study Plan for the Nov 2022 exams.
Part II. Other Laws
Objective: To make the students understand the selected legislation’s provisions and learn to address the application-oriented issues. The students will also understand the rules for the interpretation of statutes.
| Topics | Content |
|---|---|
| The Contract Act, 1872 | (Specific contracts covered from section 123 onwards): Contract of Indemnity and Guarantee, Bailment, Pledge, Agency |
| The Negotiable Instruments Act, 1881 | Meaning of Negotiable Instruments, Characteristics, Classification of Instruments, Different provisions relating to Negotiation, Negotiability, Assignability, Right and Obligation of parties, presentment of Instruments, Rules of Compensation |
| The General Clauses Act, 1897 | Important Definitions, Extent and Applicability, General Rules of Construction, Powers and Functionaries, Provisions as to Orders, Rules, etc. made under Enactments, Miscellaneous |
| Interpretation of statutes | Rules of Interpretation of statutes, Aids to interpretation, Rules of Interpretation/construction of Deeds and Documents |
Paper 3 – Cost and Management Accounting
The CA Intermediate syllabus 2022 for paper 3 i.e., Cost and Management Accounting is given below in the table. Every topic of the CA Intermediate costing syllabus is important for students, as it is also a scorable subject.
Objective:
- To acquire the ability to determine the prices by establishing the cost associated with the production of products and provisions of services and develop an understanding of the basic concepts.
- To make students understand the cost accounting statements.
- Students will learn how to use the information for finding costs, planning, controlling and decision making.
Module 1:
| Chapters | Topic |
|---|---|
| Chapter 1 | Introduction to Cost and Management Accounting |
| Chapter 2 | Material Cost |
| Chapter 3 | Employee Cost |
| Chapter 4 | Overheads: Absorption Costing Method |
| Chapter 5 | Activity Based Costing |
| Chapter 6 | Cost Sheet |
| Chapter 7 | Cost Accounting System |
Module 2:
| Chapters | Topic |
|---|---|
| Chapter 8 | Unit & Batch Costing |
| Chapter 9 | Job Costing and Contract Costing |
| Chapter 10 | Process & Operation Costing |
| Chapter 11 | Joint Products & By Products |
| Chapter 12 | Service Costing |
| Chapter 13 | Standard Costing |
| Chapter 14 | Marginal Costing |
| Chapter 15 | Budget and Budgetary Control |
Paper 4 – Taxation
CA Inter Taxation is a subject that requires continuous revisions. The CA Inter syllabus for taxation is divided into two parts- Income tax law and indirect taxes. Students can check out a detailed Taxation syllabus for the 2022 exams from the table below.
Objective: To understand the provisions of Income Tax law & GST law, and to apply the acquired knowledge in computations and address the application-oriented issues.
Part A. Income Tax Law
Module 1:
| Chapters | Topic |
|---|---|
| Chapter 1 | Basic Concepts |
| Chapter 2 | Residence and Scope of Total Income |
| Chapter 3 | Incomes which do not form part of Total Income |
Module 2:
| Chapter | Topic |
|---|---|
| Chapter 4 | Heads of Income
|
Module 3:
| Chapter | Topic |
|---|---|
| Chapter 5 | Income of Other Persons included in Assessee’s Total Income |
| Chapter 6 | Aggregation of Income, Set-off and Carry Forward of Losses |
| Chapter 7 | Deductions from Gross Total Income |
| Chapter 8 | Computation of Total Income and Tax Payable |
| Chapter 9 | Advance Tax, Tax Deduction and Introduction to Tax Collection at Source |
| Chapter 10 | Provisions for filing Return of Income and Self-assessment |
Part B. Indirect Taxes
Module 1:
| Chapter | Topic |
|---|---|
| Chapter 1 | GST in India – An Introduction |
| Chapter 2 | Supply under GST |
| Chapter 3 | Charge of GST |
| Chapter 4 | Exemptions from GST |
| Chapter 5 | Time and Value of Supply
|
Module 2:
| Chapter | Topic |
|---|---|
| Chapter 6 | Input Tax Credit |
| Chapter 7 | Registration |
| Chapter 8 | Tax Invoice: Credit and Debit Notes; E-way Bill |
| Chapter 9 | Payment of Tax |
| Chapter 10 | Returns |
Check out the CA Intermediate Group 1 study plan for the 2022 exams.
Paper 5 – Advanced Accounting
Check the table below to know the CA Inter Advanced Accounting syllabus for the Nov 2022 exams.
Objective:
- To be able to apply the accounting standards and legislations to various events and transactions. 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.
| Chapter | Topic |
|---|---|
| Chapter 1 | Application of Accounting Standards |
| Chapter 2 | Partnership Accounts
|
| Chapter 3 | Accounting for Employee Stock Option Plans |
| Chapter 4 | Buyback of Securities and Equity Shares with Differential Rights |
| Chapter 5 | Amalgamation of Companies |
| Chapter 6 | Internal Reconstruction |
| Chapter 7 | Liquidation of Companies |
| Appendix | Schedule-III to The Companies Act, 2013 |
| Chapter 8 | Banking Companies
|
| Chapter 9 | Non-Banking Financial Companies |
| Chapter 10 | Consolidated Financial Statements |
| Accounting Pronouncements | Accounting Standards |
Paper 6 – Auditing and Assurance
Given below is the CA Intermediate syllabus 2022 for 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.
| Chapter | Topic |
|---|---|
| Chapter 1 | Nature, Objective and Scope of Audit |
| Chapter 2 | Audit Strategy, Audit Planning and Audit Programme |
| Chapter 3 | Audit Documentation and Audit Evidence |
| Chapter 4 | Risk Assessment and Internal Control |
| Chapter 5 | Fraud and Responsibilities of the Auditor in this Regard |
| Chapter 6 | Audit in an Automated Environment |
| Chapter 7 | Audit Sampling |
| Chapter 8 | Analytical Procedures |
| Chapter 9 | Audit of Items of Financial Statements |
| Chapter 10 | The Company Audit |
| Chapter 11 | Audit Report |
| Chapter 12 | Audit of Banks |
| Chapter 13 | Audit of Different Types of Entities |
| Auditing Pronouncements |
|
Paper 7 – Enterprise Information System and Strategic Management
This CA Intermediate subject is divided into 2 sections namely – Enterprise Information System, and Strategic Management. The syllabus for both sections is mentioned in the table below. While studying for paper 7, the students will learn about information systems and how it is making their impact on processes and controls.
Section A. Enterprise Information System
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
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
The last subject of the CA Intermediate Syllabus 2022 deals with Financial management and is also divided into 2 sections. The first part is financial management and the second part is economics for finance. The table below shows the CA Intermediate syllabus for paper 8.
Part A. Financial Management
Objective: To understand different aspects of Financial Management and to apply such knowledge in decision-making.
| Chapter | Topic |
|---|---|
| Chapter 1 | Scope and Objectives of Financial Management |
| Chapter 2 | Types of Financing |
| Chapter 3 | Financial Analysis and Planning – Ratio Analysis |
| Chapter 4 | Cost of Capital |
| Chapter 5 | Financing Decisions – Capital Structure |
| Chapter 6 | Financing Decisions – Leverages |
| Chapter 7 | Investment Decisions |
| Chapter 8 | Risk Analysis in Capital Budgeting |
| Chapter 9 | Dividend Decisions |
| Chapter 10 | Management of Working Capital
|
Part B. Economics for Finance
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 |
For better preparation, students can check out CA Intermediate Papers of the previous years.
Download CA Intermediate Syllabus 2022 PDF
| Download CA Intermediate Syllabus Nov 2022 PDF | Click Here |
Along with downloading the CA Inter Syllabus PDF, we also suggest you download the CA Intermediate Study Material PDFs and start preparing for the CA Intermediate Exam. Time goes by soon and you don’t realize when exams are near, so utilize your study time well. Dedicate yourself to the Intermediate studies and make sure that you clear the exams in just one go.
Must Check: Preparation Strategy for CA Intermediate Group 2 Papers
CA Intermediate Syllabus Updates – Nov 2022
ICAI has made changes in the CA Inter syllabus for the 2022 exams. ICAI has added some new topics and reduced some old topics from the ICAI syllabus. Given below are all the changes in the CA Syllabus done by ICAI for the 2022 examination.
Addition of Topics in the CA Intermediate Syllabus 2022
All the updates which are made by the ICAI for the May/Nov 2022 exam are mentioned below:
- Accounting topics of paper 1 have been shifted to paper 5 advanced accounting.
- ICAI has added dissolution of Partnership firms including piecemeal distribution of assets along with the conversion of partnership firm into a company and sale to a company which is an issue related to accounting in limited liability partnership.
You can also check this CA Inter Study Plan to clear the Nov 2022 exams on the first attempt.
Deduction of Topics in the CA Intermediate Syllabus Nov 2022
All the topics which are deducted from the CA Inter Syllabus for Nov 2022 by the ICAI are mentioned below:
- Underwriting of shares and debentures.
- Valuation of goodwill.
- Application of Guidance Notes issued by the ICAI on specified accounting aspects.
- Financial Reporting of Insurance Companies and Mutual Funds and regulatory requirements thereof.
- Parties to notes, Bills and Cheques, Presentment of Negotiable Instruments, Payment & Interest, and Noting & Protest.
Students can check their CA Inter result from this page.
CA Intermediate Exam Pattern
Check the CA Intermediate Exam Pattern for the Nov 2022 exams:
| Particulars | Details |
|---|---|
| Conducting Body | ICAI |
| Exam mode | Pen and Paper based |
| Types of question | Objective and subjective |
| Medium of exam | English and Hindi |
| Total no. of papers | 8 papers |
| No. of marks | 800 marks (100 per paper) |
| Negative marking | No negative marking |
Check out the complete CA Inter Date Sheet Nov 2022
To know more about the CA Intermediate Exam Pattern for Nov 2022, students can click on this link.
Due to the lengthy syllabus and difficult topics, it is not easy to pass the CA Inter exams. To clear the exams, you must complete the course early, revise it at least two times and practice mock test papers.
Therefore, 2-3 months are not enough to clear the CA Intermediate exams. It will take around 7 months.
This is all about the CA Intermediate syllabus for Nov 2022 exams that you need to know. In this article, you’ve read about the syllabus, and CA Inter subjects in detail, along with the marking scheme, and updations in the CA Intermediate Syllabus 2022.
FAQ
Ques 1. How to download the CA Intermediate Syllabus 2022 PDF?
Ans. Students can download the pdf for the CA Inter syllabus 2022 from the ICAI website. However, we have also mentioned the direct downloadable link to download the revised syllabus.
Ques 2. What are the CA Inter Group 1 subjects?
Ans. The CA Inter group 1 subjects are:
- Accounting
- Corporate & Other Laws
- Cost & Management Accounting
- Taxation
Ques 3. What are the CA Inter Group 2 subjects?
Ans. The CA Inter group 2 subjects are Advanced Accounting, Auditing, and Assurance, Enterprise Information Systems & Strategic Management (Section A and Section B), and Financial Management & Economics for Finance.
Ques 4. When will ICAI issue the Syllabus for May 2023?
Ans. The ICAI will soon release the CA Inter May 2023 syllabus on its official website. Till then, students can refer to the syllabus available right now.
Ques 5. Is the CA Inter Syllabus lengthy?
Ans. Yes, the syllabus of CA Inter is lengthy. However, if students start preparing for the exams early and properly manage their time, then they can easily complete their syllabus on time. And then only, they’ll have enough time to revise and solve mock test papers.
Ques 6. Which group of CA Inter is easy to clear?
Ans. For those students who face difficulty in studying the theory subjects, group 1 will be easier for them as it has less theory portion.
Ques 7. Does CA Intermediate have Maths?
Ans. No, in the CA Intermediate course, there is no special subject of maths.
Ques 8. How many attempts are allowed in CA Intermediate Exams?
Ans. A Chartered Accountancy student can take 8 attempts for CA Intermediate Exams. After which, they have to register for the CA Intermediate course again.