CA Inter Subjects: Overview, Subject-Wise Syllabus, Exam Pattern

ca inter subjects

The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Parliament i.e. the Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) with the objective of promoting the regulation and development of the profession of chartered accountants in the country. ICAI is under the administrative control of the Ministry of Corporate Affairs, Government of India. ICAI is the largest professional body of chartered accountants in the world with a strong tradition of serving the Indian economy in the public interest.

The name of the course of study for Chartered Accountancy candidates will be Intermediate Course which will be divided into two groups i.e. Group I and Group II. Chartered Accountants (CA) programs are in three levels i.e. CA Foundation, CA Intermediate, CA Final. In the CA program, CA Intermediate (CA Inter) is the second level course offered by ICAI. A student passing CA Foundation will be eligible for registration in the Intermediate Course.

Click here to know more about the CA Programme.

CA Inter Subject Overview

A brief overview of CA Inter subjects is given below:

Group IEdit

Group IIEdit

Paper-1: Advanced Accounting

Paper-4: Cost and Management Accounting

Paper-2: Corporate and Other Laws

Paper-5: Auditing and Ethics

Paper-3: Taxation

Section A: Income Tax Laws

Paper-6: Financial Management and Strategic Management

Section A: Financial Management

Section B: Goods and Services Tax

Section B: Strategic Management

Read more: ACCA course details

CA Inter Subject Wise Syllabus

ICAI has updated the CA Intermediate syllabus as per the new scheme of education and training. The subject wise details of CA Inter syllabus are as follows:

Group IEdit

Paper 1: Advanced Accounting

Objective: To acquire the ability to apply specific accounting standards and laws in the preparation and presentation of financial statements of various transactions and events and of different business entities.

Module I.

Chapter 1: Introduction to Accounting Standards

Chapter 2: Framework for the Preparation and Presentation of Financial Statements

Chapter 3: Applicability of Accounting Standards

Chapter 4: Presentation and Disclosure Based Accounting Standards

Module IIEdit

Chapter 5: Asset-Based Accounting Standards

Chapter 6: Liability Based Accounting Standards

Chapter 7: Accounting Standards Based on Items Affecting the Financial Statements

Chapter 8: Revenue Based Accounting Standards

Chapter 9: Other Accounting Standards

Chapter 10: Accounting Standards for Consolidated Financial Statements

Module III

Chapter 11: Financial Statements of Companies

Chapter 12: Repurchase of Securities

Chapter 13: Amalgamation of Companies

Chapter 14: Accounting for reconstruction of companies

Chapter 15: Accounting for branches including foreign branches

Paper 2: Corporate and Other Laws

Objective: To develop an understanding of legal provisions and acquire the ability to analyse laws and apply them in practical situations.

Module I.

Chapter 1: Preliminaries

Chapter 2: Incorporation of a Company and Matters Connected Therewith

Chapter 3: Prospectus and Allotment of Securities

Chapter 4: Share Capital and Debentures

Chapter 5: Acceptance of deposits by companies

Chapter 6: Registration of Charges

Module IIEdit

Chapter 7: Management and Administration

Chapter 8: Declaration and Payment of Dividends

Chapter 9: Accounts of Companies

Chapter 10: Audit and Auditors

Chapter 11: Companies incorporated outside India

Module III

Chapter 12: The Limited Liability Partnership Act, 2008

Part II – Other Laws

Chapter 1: The General Clauses Act, 1897

Chapter 2: Interpretation of the Statute

Chapter 3: Foreign Exchange Management Act, 1999

Paper 3: Taxation

Objective:

  • Develop an understanding of the provisions of Income Tax Laws
  • Acquire the ability to apply such provisions to solve problems and address application-oriented issues.

Section A: Income Tax Laws

Module I.

Chapter 1: Basic Concepts

Chapter 2: Scope of residence and total income

Chapter 3: Income Heads

Unit 1: Salaries

Unit 2: Income from house property

Unit 3: Profits and gains from business or profession

Unit 4: Capital Gains

Unit 5: Income from other sources

Module IIEdit

Chapter 4: Income of other persons included in the total income of the taxpayer

Chapter 5: Aggregation of income, set-off and carry forward of losses

Chapter 6: Deductions from Gross Total Income

Chapter 7: Advance Tax, Tax Deduction at Source and Tax Collection at Source

Chapter 8: Provisions for filing income-tax returns and self-assessment

Chapter 9: Income Tax Liability – Computation and Optimization

Section B: Goods and Services Tax

Module I.

Chapter 1: GST in India – An Introduction

Chapter 2: Supplies under GST

Chapter 3: Charge of GST

Chapter 4: Place of Supply

Chapter 5: Exemptions from GST

Chapter 6: Time of Supply

Chapter 7: Price of Supply

Module III

Chapter 8: Input Tax Credit

Chapter 9: Registration

Chapter 10: Tax Invoices; Credit and Debit Notes

Chapter 11: Accounts and Records

Chapter 12: E-way bill

Chapter 13: Payment of Tax

Chapter 14: Tax Deduction at Source and Tax Collection at Source

Chapter 15: The Return

Group IIEdit

Paper-4: Cost and Management Accounting

Objective:

  • Develop an understanding of the basic concepts and applications for establishing the costs associated with the production of products and the provision of services and apply them to setting prices.
  • To develop an understanding of cost accounting statements.
  • Acquire the ability to apply information to costing, planning, control and decision making.
  • Apply costing methods to determine costs for various purposes.
  • Applying appropriate techniques to support short-term decisions.

Module I.

Chapter 1: Introduction to Cost and Management Accounting

Chapter 2: Material Cost

Chapter 3: Employee Costs and Direct Expenses

Chapter 4: Overheads – Absorption Costing Method

Chapter 5: Activity Based Costing

Chapter 6: Cost Sheet

Chapter 7: Cost Accounting Systems

Module IIEdit

Chapter 8: Unit and Batch Costing

Chapter 9: Job Costing

Chapter 10: Process and Operational Costs

Chapter 11: Joint Products and By-Products

Chapter 12: Service Costing

Chapter 13: Standard Costing

Chapter 14: Marginal Costing

Chapter 15: Budget and Budgetary Control

Paper-5: Auditing and Ethics

Objective:

  • Develop an understanding of auditing concepts and generally accepted auditing procedures, techniques and skills and acquire the ability to apply them to audit and verification engagements.
  • Understanding and applying the concept of ethics when conducting audit.

Module I.

Chapter 1: Nature, objectives and scope of audit

Chapter 2: Audit strategy, audit plan and audit programme

Chapter 3: Risk Assessment and Internal Control

Chapter 4: Audit Evidence

Chapter 5: Audit of Items of Financial Statements

Module IIEdit

Chapter 6: Audit Documentation

Chapter 7: Conclusion and Review

Chapter 8: Audit Report

Chapter 9: Special Features of Auditing of Different Types of Entities

Chapter 10: Auditing of Banks

Chapter 11: Ethics and Conditions of Audit Work

Paper-6: Financial Management and Strategic Management

Objective:

  • To develop an understanding of various aspects of financial management and acquire the ability to apply such knowledge in decision making.
  • Understanding the various finance functions like financing decisions, investment decisions, dividend decisions.
  • To develop an understanding of working capital management and its components.
  • Develop an understanding of strategic management concepts and techniques and acquire the ability to apply them to business situations.

Section A: Financial Management

Module I.

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 – Leverage

Module IIEdit

Chapter 7: Investment Decisions

Chapter 8: Dividend Decision

Chapter 9: Management of Working Capital

Unit I: Introduction to Working Capital Management

Unit II: Treasury and Cash Management

Unit III: Management of Inventory

Unit IV: Management of Receivables

Unit V: Management of Liabilities (Creditors)

Unit VI: Financing of Working Capital

CA Inter Exam Pattern

The Council of the Institute of Chartered Accountants of India has announced the dates for the Chartered Accountants Intermediate examinations, which will be held in September, 2024. Following are the details of the exam pattern:

Specific Description

Name of the Exam

CA Intermediate Exam

Governing bodies

ICAI

Exam Mode

pen and paper based

Types of questions

30% objective and 70% descriptive

Medium of Exam

English and Hindi

Duration of the exam

3 hours

Total Subjects

6 Papers (Group I and Group II)

total marks

600 (100 marks per paper)

Also, check here for CA Intermediate Exam, September 2024.

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