Uncategories CA Course Syllabus

CA Course Syllabus

The focus of this chapter is to give you a basic idea about what topics could come up during the
exams at all the three levels i.e. CPT, IPCC and Final. We have listed down the subjects as well as the topics that you will need to study to ace your papers with ease.

 FOR CA CPT 

Section A: Fundamentals of Accounting 
  1. Theoretical Framework 
  2. Accounting Process 
  3. Bank Reconciliation Statement 
  4. Inventories 
  5. Depreciation accounting 
  6. Preparation of Final Accounts for Sole Proprietors 
  7. Accounting for Special Transactions 
  8. Partnership Accounts 
  9. Introduction to Company Accounts 

Section B: Mercantile Laws 
  1. The Indian Contract Act , 1872 
  2. The Sale of Goods Act, 1930 
  3. The Indian Partnership Act, 1932 

Section C: General Economics

(I) Micro Economics

  1. Introduction to Micro Economics
  2. Theory of Demand and Supply 
  3. Theory of Production and Cost
  4. Price Determination in Different Markets

(II) Indian Economic Development

  1. Indian Economy J A ProEle
  2. Select Aspects of Indian Economy 
  3. Economic Reforms in India 
  4. Money and Banking 

Section D: Quantitative Aptitude 

  1. Ratio and proportion, Indices, Logarithms 
  2. Equations
  3. Inequalities
  4. Simple and Compound Interest including annuity Applications 
  5. Basic concepts of Permutations and Combinations 
  6. Sequence and Series J Arithmetic and geometric progressions 
  7. Sets, Functions and Relations 
  8. Limits and Continuity Intuitive Approach 
  9. Basic concepts of Differential and Integral Calculus (excluding trigonometric functions) 
  10. Statistical description of data 
  11. Measures of Central Tendency and Dispersion 
  12. Correlation and Regression
  13. Probability and Expected Value by Mathematical Expectation 
  14. Theoretical Distributions 
  15. Sampling Theory 
  16. Index Numbers 

FOR CA IPCC (May 2016 attempt)

Group I 

Paper 1 : Accounting

  1. A General Knowledge of the framing of the accounting standards, national and international accounting authorities, adoption of international Enancial reporting standards
  2. Accounting Standards 
  3. Company Accounts
  4. Average Due Date, Account Current, Self-Balancing Ledgers
  5. Financial Statements of Not-for-ProEt Organisations 
  6. Accounts from Incomplete Records 
  7. Accounting for Special Transactions 
  8. Issue in Partnership Accounts 
  9. Accounting in Computerised Environment 
Note: If either old Accounting Standards (Ass), Announcements and Limited Revisions to ASs are withdrawn or new ASs, Announcements and Limited Revisions to ASs are issued by the Institute of Chartered Accountants of India in place of existing ASs, Announcements and Limited Revisions to ASs, the syllabus will accordingly include/exclude such new developments in place of the existing ones with effect from the date to be noti0ed by the Institute.


Paper 2 : Business Laws, Ethics and Communication 

                        Part I: Business Laws

Business Laws 
  1. The Indian Contract Act, 1872 
  2. The Negotiable Instruments Act, 1881 
  3. The Payment of Bonus Act, 1965 
  4. The Employees< Provident Fund and Miscellaneous Provisions Act, 1952 
  5. The Payment of Gratuity Act, 1972
Company Law
                        Part II: Ethics 
  1. Introduction to Business Ethics 
  2. Environment issues 
  3. Ethics in Workplace 
  4. Ethics in Marketing and Consumer Protection
  5. Ethics in Accounting and Finance 
                        Part III: Communications 
  1. Elements of Communication 
  2. Communication in Business Environment 
  3. Basic understanding of legal deeds and documents

Paper 3 : Cost Accounting and Financial Management

                       Part I: Cost Accounting 
  1. Introduction to Cost Accounting 
  2. Cost Ascertainment 
  3. Cost Book-keeping 
  4. Costing Systems 
  5. Introduction to Marginal Costing
  6.  Introduction to Standard Costing 
  7. Budgets and Budgetary Control 
                       Part II: Financial Management 
  1. Scope and Objectives of Financial Management 
  2. Time Value of Money 
  3. Financial Analysis and Planning 
  4. Financing Decisions 
  5. Types of Financing 
  6. Investment Decisions 
  7. Management of Working Capital 

Paper 4 : Taxation

                    Part I: Income-Tax 
  1. Important defnitions in the Income-tax Act, 1961 
  2. Basis of charge; Rates of taxes applicable for different types of assessees 
  3. Concepts of previous year and assessment year 
  4. Residential status and scope of total income; Income deemed to be received / deemed to accrue or arise in India 
  5. Incomes which do not form part of total income 
  6. Heads of income and the provisions governing computation of income under different heads 
  7. Income of other persons included in assesseeMs total income 
  8. Aggregation of income; Set-off or carry forward and set-off of losses 
  9. Deductions from gross total income 
  10. Computation of total income and tax payable; Rebates and reliefs 
  11. Provisions concerning advance tax and tax deducted at source 
  12. Provisions for E-filing of return of income. 
                    Part II: Indirect Taxes 
(Revised Syllabus J Applicable from November 2014 Examination onwards) 
  1. Introduction to excise duty, customs duty, central sales tax and VAT 
  2. Significant provisions of service tax
Note: If new legislations are enacted in place of the existing legislations the syllabus will accordingly include the corresponding provisions of such new legislations in place of the existing legislations with effect from the date to be noti0ed by the Institute. Students shall not be examined with reference to any particular State VAT Law.

Group II

Paper 5 : Advanced Accounting 

  1. Framework for Preparation and Presentation of Financial Statements 
  2. Accounting Standards
  3. Advanced Issues in Partnership Accounts and Issues related to accounting in Limited Liability Partnerships 
  4. Company Accounts 5. Accounting for Special Transactions
Note: If either old Accounting Standards (Ass), Announcements and Limited Revisions to ASs are withdrawn or new ASs, Announcements and Limited Revisions to ASs are issued by the Institute of Chartered Accountants of India in place of existing ASs, Announcements and Limited Revisions to ASs, the syllabus will accordingly include/exclude such new developments in place of the existing ones with effect from the date to be noti0ed by the Institute.

Paper 6 : Auditing and Assurance 

  1. Auditing Concepts 
  2. Standards on Auditing and Guidance Notes 
  3. Auditing engagement 
  4. Documentation 
  5. Audit evidence 
  6. Internal Control 
  7. Internal Control and Computerized Environment, Approaches to Auditing in Computerised Environment. 
  8. Audit Sampling 
  9. Analytical review procedures. 
  10. Audit of payments 
  11. Audit of receipts 
  12. Audit of Purchases 
  13. Audit of Sales 
  14. Audit of suppliersM ledger and the debtorsM ledger 
  15. Audit of impersonal ledger 
  16. Audit of assets and liabilities 
  17. Company Audit 
  18. Audit Report 
  19. Special points in audit of different types of undertakings 
  20. Features and basic principles of government audit, Local bodies and not-for proEt organizations, Comptroller and Auditor General and its constitutional role.

Paper 7: Information technology and Strategic Management

                   Section A : Information Technology
  1. Business Process Management & IT 
  2. Information Systems and IT Fundamentals 
  3. Telecommunication and Networks 
  4. Business Information Systems 
  5. Business process automation through Application software
                   Section B: Strategic Management 
  1. Business Environment 
  2. Business Policy and Strategic Management 
  3. Strategic Analyses 
  4. Strategic Planning 
  5. Formulation of Functional Strategy
  6. Strategy Implementation and Control 
  7. Reaching Strategic Edge 

Important Announcement 

Attention: Intermediate (IPC) and Final Course students- May 2016 examinations and onwards Subject: Revision of the syllabus for May 2016 examinations and onwards pursuant to enactment of the Companies Act, 2013. 

As students may be aware, the Companies Act, 2013 has been notified in the Official Gazette on 30th August, 2013 stating that different dates may be appointed for enforcement of different provisions of this Act through notification of the Central Government in this regard. Having regard to the above development, the Council at its 333th meeting, revised the syllabus in a comprehensive manner in the following papers of Intermediate (IPC) and Final Course(s): 

Intermediate (IPC) Course

Paper 1: Accounting (Group I) 
Paper 2: Business Laws, Ethics and Communication (Group I) 
Paper 5: Advanced Accounting (Group II) 
Paper 6: Auditing and Assurance (Group II)

Final Course
Paper 3: Advanced Auditing and Professional Ethics (Group I) 
Paper 4: Corporate and Allied Laws (Group I)


FOR CA FINAL 

Group I

             Paper 1 : Financial Reporting
  1. Accounting Standards, Accounting Standards Interpretations and Guidance Notes on various accounting aspects issued by the ICAI and their applications. 
  2. Overview of International Accounting Standards (IAS)/International Financial Reporting Standards (IFRS), Interpretations by International Financial Reporting Interpretation Committee (IFRIC), SigniEcant difference vis-a-vis Indian Accounting Standards. 
  3. Corporate Financial Reporting - Issues and problems with special reference to published Enancial statements. 
  4. Accounting for Corporate Restructuring (including inter-company holdings). 
  5. Consolidated Financial Statements of Group Companies Concept of a Group, purposes of consolidated Enancial statements minority interest, Goodwill, Consolidation procedures 
  6. Accounting and Reporting of Financial Instruments 
  7. Share based payments 
  8. Financial Reporting by Mutual funds, Non-banking Enance companies, Merchant bankers, Stock and commodity market intermediaries. 
  9. Valuation 
Note: If either old Accounting Standards (Ass), Accounting Standards Interpretations (ASIs), Guidance Notes (GNs), Announcements and Limited Revisions to ASs are withdrawn or new ASs, GNs, Announcements and Limited Revisions to AS are issued by the Institute of Chartered Accountants of India in place of existing ASs, ASIs, GNs, Announcements and Limited Revisions to AS, the syllabus will accordingly include/exclude such new developments in the place of the existing ones with effect from the date to be noti0ed by the Institute. Recommended Books

                Paper 2 : Strategic Financial Management 

  1. Financial Policy and Corporate Strategy 
  2. Project Planning and Capital Budgeting 
  3. Leasing decision including cross border leasing 
  4. Dividend Decisions 
  5. (a) Indian Capital Market (b) Capital Market Instruments (c) Commodity derivatives (d) OTC derivatives 
  6. Security Analysis 
  7. Portfolio Theory and Asset Pricing F
  8. inancial Services in India 
  9. (a) Mutual Funds (b) Exchange Traded Funds 1
  10. Money Market operations
  11. (a) Foreign Direct Investment, Foreign Institutional Investment. (b) International Financial Management 
  12. Foreign Exchange Exposure and Risk Management 
  13. Mergers, Acquisitions and Restructuring

         Paper 3: Advanced Auditing and Professional Ethics 
  1. Auditing Standards, Statements and Guidance Notes 
  2. Audit strategy, planning and programming 
  3. Risk Assessment and Internal Control 
  4. Audit under computerized information system (CIS) environment 
  5. Special audit techniques 
  6. Audit of limited companies 
  7. Rights, duties, and liabilities of auditors; third party liability 
  8. Audit reports; QualiEcations, notes on accounts, distinction between notes and qualiEcations, detailed observations by the statutory auditor to the management vis-a-vis obligations of reporting to the members 
  9. Audit Committee and Corporate Governance 
  10. Provisions under the Companies Act, 2013 in respect of Accounts of Companies and Rules made thereunder 
  11. Special features of audit of banks, insurance companies, co-operative societies and nonbanking financial companies. 
  12. Audit under Fiscal Laws, viz, Direct and Indirect Tax Laws. 
  13. Cost audit 
  14. Special audit assignments like audit of bank borrowers, audit of stock and commodity exchange intermediaries and depositories; inspection of special entities like banks, Enancial institutions, mutual funds, stock brokers. 
  15. Special features in audit of public sector companies. Directions of Comptroller and Auditor General of India to statutory auditors.; Concepts of propriety and efEciency audit. 
  16. Internal audit, management and operational audit 
  17. Investigation and Due Diligence. 
  18. Concept of peer review 
  19. Salient features of Sarbanes 
  20. Professional Ethics
         Paper 4: Corporate and Allied Laws
             Section A: Company Law
             Section B: Allied Laws  
Group II
         Paper 5: Advanced Management Accounting 
  1. Cost Management 
  2. Cost Volume ProEt Analysis
  3. Pricing Decisions
  4. Budgets and Budgetary Control 
  5. Standard Costing and Variance Analysis 
  6. Transfer pricing 
  7. Cost Management in Service Sector 
  8. Uniform Costing and Inter Erm comparison 
  9. Profitability analysis - Product wise / segment wise / customer wise 
  10. Financial Decision Modelling 
         Paper 6 : Information Systems Control and Audit 

  1. Concepts of Governance and Management of Information Systems 
  2. Information Systems Concepts 
  3. Protection of Information Systems 
  4. Business Continuity Planning and Disaster recovery planning 
  5. Acquisition, Development and Implementation of Information Systems (SDLC) 
  6. Auditing & Information Systems 
  7. Information Technology Regulatory issues 
  8. Emerging Technology
         Paper 7: Direct Tax Laws
I. The Income-tax Act, 1961 and Rules thereunder 
II. The Wealth-tax Act, 1957 and Rules thereunder 

Note: If new legislations are enacted in place of the existing legislations relating to income tax and wealth tax, the syllabus will accordingly include such new legislations in the place of the existing legislations with effect from the date to be notified by the Institute.
         Paper 8 : Indirect Tax Laws
Section A: Central Excise 
Section B: Service Tax 
Section C: Customs and Foreign Trade Policy

Note: If new legislations are enacted in place of the existing legislations relating to central excise, customs and service tax, the syllabus will accordingly include such new legislations in place of the existing legislations with effect from the date to be noti0ed by the Institute.

Important Announcement  

Attention: Intermediate (IPC) and Final Course students- May 2015 examinations and onwards Subject: Revision of the syllabus for May 2015 examinations and onwards pursuant to enactment of the Companies Act, 2013.
As students may be aware, the Companies Act, 2013 has been notiEed in the OfEcial Gazette on 30th August, 2013 stating that different dates may be appointed for enforcement of different provisions of this Act through notiEcation of the Central Government in this regard. Having regard to the above development, the Council at its 333th meeting, revised the syllabus in a comprehensive manner in the following papers of Intermediate (IPC) and Final Course(s): 

              Intermediate (IPC) Course 

Paper 1: Accounting (Group I) 
Paper 2: Business Laws, Ethics and Communication (Group I) 
Paper 5: Advanced Accounting (Group II) 
Paper 6: Auditing and Assurance (Group II)

               Final Course
Paper 3: Advanced Auditing and Professional Ethics (Group I) 
Paper 4: Corporate and Allied Laws (Group I) 














1 comments :

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Balas
Joy Flaherty delete March 13, 2019 at 2:46 AM

It is a best idea to keep updated with the latest ca syallabus and pattern after than you can get sure what are you going to prepare for the CA final mock test paper and what are the terms and policies that has been updated by the education board.


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