CA Intermediate Syllabus and Subjects for May 2022 – Download PDF

                     

CA Intermediate All India Rankers


CA Intermediate syllabus for May 2022 – ICAI has released the revised CA Inter syllabus for the May 2022 exams on its official website. Students can register for the CA Intermediate Course after passing the entrance level i.e. CA Foundation. The syllabus includes 8 subjects divided into 2 groups. You are going to learn about accounting, taxation, finance, law, and many more in this course.

Students can download the CA Intermediate syllabus pdf from ICAI official website or through this page. There are 8 CA Inter papers of 100 marks and there is no negative marking. Check the ICAI CA Intermediate Syllabus of May 2022 in the below section.

Paper 1Accounting
Paper 2Corporate Laws and Other Laws
Paper 3Cost and Management Accounting
Paper 4Taxation
Paper 5Advanced Accounting
Paper 6Auditing and Assurance
Paper 7Enterprise Information System and Strategic Management
Paper 8Financial Management and Economics for Finance

In this article, you are going to get the complete details of CA Intermediate Syllabus & subjects and you can download it also in the pdf format.

Register Now: CA Intermediate Coaching

CA Intermediate Exam May 2022 – Overview

Students eligible for CA Intermediate course should know the details about the exams. We have made the overview table including all the important points like mode of exam, exam dates, number of marks, total number papers, etc. Check the table to get the information.

ParticularsDetails
Conducting BodyICAI
Exam modePen and Paper based
Types of questionObjective and subjective
Medium of examEnglish and Hindi
Total no. of papers8 papers
CA Intermediate Exam DatesTBA
No. of marks800 marks (100 per paper)
Negative markingNo negative marking

Check out the CA Intermediate Time Table 

CA Intermediate Syllabus

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
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
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 CA Inter syllabus of Corporate and Other Law. Candidates appearing for the CA exam should go through with and every topic of the syllabus.

Part I. Company Law (The Companies Act, 2013Sections 1 to 148)

Objective: The students here will develop the understanding of the provisions of company law. Apart from that, they’ll learn how to address the application-oriented issues.

S. No.Contents
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

Objective: To make the students understand about the provisions of the selected legislations and to learn to address the application-oriented issues. The students will also understand about the rules for interpretation of statutes.

S. No.Contents
1The Contract Act, 1872
2The Negotiable Instruments Act, 1881
3The General Clauses Act, 1897
4Interpretation of statutes

Paper 3. Cost and Management Accounting

The CA Intermediate syllabus for paper 3 i.e., Cost and 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
1Overview of Cost and Management Accounting
2Ascertainment of Cost and Cost Accounting System 
3Methods of Costing
4Cost Control and Analysis

Paper 4. Taxation

CA inter Taxation is a subject that requires continuous revision. Every student must go through the CA Intermediate 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

S. No.Contents
1Basic Concepts
2Residential Status and scope of total income
3Incomes that 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
5Income of other persons included in the 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

S. No.Contents
1Concept of Indirect Taxes
2Goods and Service Tax (GST) Laws

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
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 CA Intermediate syllabus 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.

S. No.Contents
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

The paper 7 is divided into 2 sections namely – Enterprise Information System, and Strategic Management. The intermediate 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

Objective: To understand the technology enabled Information Systems and its impact on enterprise-wide processes, risks and controls.

S. No.Contents
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

Objective: To understand the concepts of strategic management and techniques and the ability to apply the same in business situations.

S. No.Contents
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

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

Objective: To understand different aspects of Financial Management and to apply such knowledge in decision-making.

S. No.Contents
1Financial Management and Financial Analysis
2Financing Decisions
3Capital Investment and Dividend Decisions
4Management 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
1Determination of National Income
2Public Finance
3The Money Market
4International Trade

For better preparation, students can check out CA Intermediate Mock Test Papers

Download the CA Intermediate Syllabus for May 2022

Download CA Intermediate Syllabus May 2022 PDFClick Here

After downloading the complete CA Inter syllabus PDF 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. Dedicate yourself for the Intermediate studies and make sure that you clear the exams in just one go. 

CA Intermediate Subjects and Marks Distribution

CA Intermediate Syllabus is lengthy and students have to make proper study plan for better preparation. Given below is the table giving the students details about the marks distribution of the CA Intermediate subjects, sections and also the type of exam – subjective or objective.

PaperSubject/SectionMarksType
Paper 1Accounting(100 Marks)Descriptive
Paper 2Corporate Laws and Other Laws(100 Marks)70% Descriptive
30% Objective
Corporate Laws(60 Marks)
Other Laws(40 Marks)
Paper 3Cost and Management Accounting(100 Marks)Descriptive
Paper 4Taxation(100 Marks)70% 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 Management
(100 Marks)70% Descriptive
30% Objective
Enterprise Information System(50 Marks)
Strategic Management(50 Marks)
Paper 8Financial Management and
Economics for Finance
(100 Marks)Descriptive
Financial Management(60 Marks)
Economics for Finance(40 Marks)

Students can check out complete and detailed Section-Wise Weightage of CA Intermediate Exams.

CA Intermediate Syllabus Updates – Dec 2021

ICAI has made changes in the CA inter syllabus for Dec 2021 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 Syllabus done by ICAI for Dec 2021 examination.

Addition of Topics in the CA Intermediate Syllabus 2021

All the updates which are made by the ICAI for the Dec 2021 exam are mentioned below:

  1. Accounting topics of paper 1 have been shifted to paper 5 advanced accounting.
  2. 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. 

Check the details about the CA Intermediate Admit Card for Dec 2021 examinations.

Deduction of Topics in the CA Intermediate Syllabus Dec 2021

All the topics which are deducted from the CA Inter Syllabus for Dec 2021 by the ICAI are 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.
  5. Parties to notes, Bills and Cheques, Presentment of Negotiable Instruments, Payment & Interest, and Noting & Protest.

 

This is all about the CA Intermediate syllabus of May 2022 that you need to know. In this article, we you’ve read about the syllabus, and CA Inter subjects in detail, marking scheme, updations in the CA Intermediate Syllabus. CA Intermediate is not an easy exam to crack, so you have to prepare well and give your best. 

FAQ

Ques 1. How to download CA Intermediate syllabus 2022 PDF?

Ans. Students can download the CA inter syllabus from the ICAI website. However, we have also mentioned the direct download link to get the updated syllabus. 

Ques 2. Is the CA Inter Syllabus lengthy?

Ans. Yes, the syllabus of CA Intermediate is lengthy. However, if students start preparing for the exams early and properly manage their time, then they can easily complete their syllabus. Also, they’ll have enough time to revise and solve mock test papers. 

Ques 3. What are the study tips to clear the CA Intermediate Exams?

Ans. All students should make proper notes, follow their time table, revise few times before the exams, and solve mock test papers. Start your preparation early so that you can give each subject sufficient time. 

Ques 4. What is the CA Intermediate syllabus of Group 1?

Ans. In the group 1, students will be going to learn about accounting, corporate and other laws, cost and management accounting and taxations. 

Ques 5. 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. 

Ques 6. What is the passing criteria for the CA Intermediate Exams?

Ans. You need to meet the following criteria:

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

Ques 7. 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), Financial Management & Economics for Finance.

For the best CA Intermediate classes, join VSI now.