CA Intermediate Syllabus- Revised Scheme CA Intermediate New Syllabus

 


In this article, we are providing you the CA Intermediate syllabus applicable for the students registered with the revised scheme. Students can register for the CA Intermediate after passing the entrance level i.e. CA Foundation or CPT (Common Proficiency Test).

The students who register themselves after 1st July 2017 are eligible to appear in CA Intermediate Examinations. If you are looking for the best CA Intermediate course Students can join VSI. VSI is the best online class for CA Intermediate. 

Admission under the old scheme(IPCC) has been discontinued from 30th June 2017.

The entire syllabus of the CA Intermediate new course is divided into eight subjects and further these subjects are divided into two groups.



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CA Intermediate Exam Nov 2020- Overview

Exam modePen and paper-based examination
Types of question Objective and subjective
Medium of examEnglish and Hindi
Total no. of papers8 papers
No. of marks800 marks (100 marks each per paper)
Negative markingNo negative marking
Conducting BodyICAI

CA Intermediate Syllabus New Course Updates 2020

ICAI has made changes in the CA intermediate syllabus for Nov 2020 exam. ICAI has added some new topics and reduced some old topics from the ICAI syllabus. Given below are all the changes in the CA intermediate Syllabus done by ICAI for Nov 2020 examination.

Addition of Topics in the CA Intermediate Syllabus 2020

All the updates which are made by the ICAI for the Nov 2020 exam are mentioned below:

  1. Accounting topics of paper 1 has been shited to paper 5 advanced accounting.
  2. ICAI has added dissolution of Partnership firms including piecemeal distribution of asset 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. 

Deduction of Topics in the CA Intermediate Syllabus 2020

All the topics which are deducted from the CA Intermediate syllabus for Nov 2020 by the ICAI is mentioned below:

  1. Underwriting of shares and debentures.
  2. Valuation of goodwill.
  3. Application of Guidance Notes issued by the ICAI on specified accounting aspects.
  4. Financial Reporting of Insurance Companies and Mutual Funds and regulatory requirements thereof.

Subjects and the marks distribution of the CA Intermediate New Course are

PaperSubjectSectionMarksType
Paper 1Accounting(100 Marks)Descriptive
Paper 2Corporate Laws and Other Laws70% Descriptive
30% Objective
Corporate Laws(60 Marks)
Other Laws(40 Marks)
Paper 3Cost and Management Accounting(100 Marks)Descriptive
Paper 4Taxation70% Descriptive
30% Objective
Direct Tax Laws(60 Marks)
Indirect Tax Laws(40 Marks)
Paper 5Advanced Accounting(100 Marks)Descriptive
Paper 6Auditing and Assurance(100 Marks)70% Descriptive
30% Objective
Paper 7Enterprise Information System and Strategic Management70% Descriptive
30% Objective
Enterprise Information System(50 Marks)
Strategic Management(50 Marks)
Paper 8Financial Management and Economics for FinanceDescriptive
Financial Management(60 Marks)
Economics for Finance(40 Marks)
Students can check out complete and detailed Section-Wise Weightage of CA Intermediate Exams.

Latest Syllabus of CA Intermediate (New Scheme)

Paper 1– ACCOUNTING

ChapterChapter Names
1Process of formulation of Accounting Standards including Ind ASs (IFRS converged standards) and IFRSs; convergence vs adoption; objective and concepts of carve-outs.
2Framework for Preparation and Presentation of Financial Statements (as per Accounting Standards).
3Applications of Accounting Standards
4Company Accounts
5Accounting for Special Transactions
6Special Type of Accounting

Paper 2– CORPORATE AND OTHER LAWS 

Given below is the detailed syllabus of  Corporate and Other Law Syllabus. Candidates appearing for the CA exam should go through with and every topic of the syllabus.

The Companies Act, 2013 – Sections 1 to 148
ChapterChapter Names
1Preliminary
2Incorporation of Company and Matters Incidental thereto
3Prospectus and Allotment of Securities 
4Share Capital and Debentures
5Acceptance of Deposits by Companies
6Registration of Charges
7Management and Administration
8Declaration and Payment of Dividend
9Accounts of Companies
10Audit and Auditors

Part II- Other Laws

ChapterChapter Names
1The Contract Act, 1872
2The Negotiable Instruments Act, 1881
3The General Clauses Act, 1897
4Interpretation of statutes

Paper 3– COST AND MANAGEMENT ACCOUNTING 

The syllabus for paper 3 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.

ChapterChapter Names
1Overview of Cost and Management Accounting
2Ascertainment of Cost and Cost Accounting System 
3Methods of Costing
4Cost Control and Analysis

.

Paper 4– TAXATION 

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 syllabus for taxation. Students can check out a detailed Taxation syllabus for CA intermediate exam.

Part A– Income Tax Law

ChapterChapter Names
1Basic Concepts
2Residential Status and scope of total income
3Incomes which do not form part of total income (other than charitable trusts and institutions, political parties and electoral trusts)
4Heads of income and provisions governing computation of income under different heads
5The income of other persons included in assessee’s total income
6Aggregation of income; set-off, or carry forward and set-off of losses
7Deductions from gross total income
8Computation of total income and tax liability of individuals
9Advance tax, tax deduction at source and Introduction to tax collection at source
10Provisions for filing return of income and self-assessment 

Part B– Indirect Taxes

ChapterChapter Names
1Concept of Indirect Taxes
2Goods and Service Tax (GST) Laws

Paper 5– ADVANCED ACCOUNTING

Given below is the list of chapters names of advanced accounting which is mandatory for the CA intermediate exam. Students can check the detailed advanced accounting syllabus. It provides all the information regarding marking schemes, question patterns, etc.

ChapterChapter Names
1Application of Accounting Standards
2Special Aspects of Company Accounts
3Reorganization and Liquidation of Companies
4Banking Companies and Non-Banking Financial Companies and regulatory requirements thereof
5Consolidated Financial Statements
6Dissolution of partnership firms

Paper 6– AUDITING AND ASSURANCE

Given below is the syllabus for the auditing and assurance. Students can check the detailed syllabus of the CA Intermediate of auditing and assurance.

ChapterChapter Names
1Nature, Objective and Scope of Audit
2Audit Strategy, Audit Planning and Audit Programme
3Audit Documentation and Audit Evidence
4Risk Assessment and Internal Control
5Fraud and Responsibilities of the Author in this Regard
6Audit in an Automated Environment
7Audit Sampling
8Analytical Procedures
9Audit of Items of Financial Statements
10The Company Audit
11Audit Report
12Audit of Banks
13Audit of Different Types of Entities

Paper 7– ENTERPRISE INFORMATION SYSTEM AND STRATEGIC MANAGEMENT 

Section A– Enterprise Information System 

ChapterChapter Names
1Automated Business Processes
2Financial and Accounting Systems
3Information Systems and its Components
4E-commerce, M-commerce and Emerging Technologies
5Core Banking Systems

Section B–Strategic Management

ChapterChapter Names
1Introduction to Strategic Management
2Dynamics of Competitive Strategy
3Strategy Management Process
4Corporate Level Strategies
5Business Level Strategies
6Functional Level Strategies
7Organization and Strategic Leadership
8Strategy Implementation and Control

Paper 8– FINANCIAL MANAGEMENT AND ECONOMICS FOR FINANCE

Part A– Financial Management

ChapterChapter Names
1Financial Management and Financial Analysis
2Financing Decisions
3Capital Investment and Dividend Decisions
4Management of Working Capital

Part B– Economics for Finance

ChapterChapter Names
1Determination of National Income
2Public Finance
3The Money Market
4International Trade
DOWNLOAD THE CA INTERMEDIATE SYLLABUS PDFHERE

After downloading the complete syllabus and checking the section-wise weightage scheme thoroughly, you should 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.   

FAQ

Ques 1. What are the specifications for the use of calculators by ICAI?

Ans. You can carry a battery-operated portable calculator with up to 12 digits, 2 memories. and 6 functions.

Related: Tricks on how to use a calculator in the best way during exam time.

Ques 2. Are any marks deducted for wrong answers in CA Intermediate Exams?

Ans. No, there is no negative marking for any wrong answer. 

Ques 3. How many attempts are allowed in CA Intermediate Exams?

Ans. A Chartered Accountancy student can take 8 attempts for CA Intermediate Exams. After which, the registration should be renewed.

Ques 4- What is the passing criteria for the CA Intermediate Exams?

Ans. You need to meet the following criteria:

  • Minimum of 40% marks in each paper 
  • An aggregate of 50% of marks in all papers 

For best CA Intermediate classes, join VSI now.