The ICAI has announced the CA Intermediate Syllabus for Nov 2022 exams. Students can download the CA Intermediate syllabus from the ICAI official website or from this page.
The CA Intermediate is the second stage of the CA Course. The CA Intermediate syllabus contains 8 subjects which are divided into two groups. Moreover, to register for the CA intermediate Course, the candidate must pass the CA Foundation exam with a minimum of 50% aggregate.
Further, in this article, you will learn about the CA Intermediate syllabus and Subjects for Nov 2022.
CA Intermediate Subjects
As talked about above, there are 8 subjects in CA Intermediate. Let’s have a look at them:
- Paper 1: Accounting
- Paper 2: Corporate and Other Laws
- Paper 3: Cost and Management Accounting
- Paper 4: Taxation
- Paper 5: Advanced Accounting
- Paper 6: Auditing and Assurance
- Paper 7: Enterprise Information System and Strategic Management
- Paper 8: Financial Management and Economics for Finance
Further, after knowing about the subjects, let’s have a look at CA intermediate syllabus in detail:
CA Intermediate Syllabus
Before start studying for the exams, the syllabus is the most important thing that every candidate must understand in detail. Here, we will mention all the topics covered under CA inter subjects.
Paper 1. Accounting (CA Intermediate Syllabus)
The CA Inter accounting syllabus is divided into 6 parts, and the students must go through each one of them. However, the objective of the paper is to make the students learn about the accounting legislation and accounting standards for various events and transactions.
|1||Process of formulation of Accounting Standards including Ind ASs (IFRS converged standards) and IFRSs; convergence vs adoption; objective and concepts of carve-outs.|
|2||Framework for Preparation and Presentation of Financial Statements (as per Accounting Standards).|
|3||Applications of Accounting Standards|
|5||Accounting for Special Transactions|
|6||Special Type of Accounting|
Paper 2. Corporate and Other Laws
Corporate and other laws are the second subject of the CA intermediate. The syllabus is divided into two sections, i.e. Company Law and Other Laws.
Further, Check the syllabus below for corporate and other laws in the table below:
Part 1: Company Laws
The objective of the company laws is that the student will understand the provisions of the company law. Moreover, they will learn how to solve the issues.
|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|
Part 2: Other Laws
The objective of the other laws is to make students understand the provision of legislation.
|1||The Contract Act, 1872|
|2||The Negotiable Instruments Act, 1881|
|3||The General Clauses Act, 1897|
|4||Interpretation of statutes|
Paper 3. Cost and Management Accounting
The third subject, cost and management accounting are just divided into four parts. However, every topic of the subject is important and scorable for the students.
Further, the objective of the subject is to make students available the costing standards and information about planning, controlling and decision making.
Moreover, check the syllabus of Cost and Management accounting given in the Table
|1||Overview of Cost and Management Accounting|
|2||Ascertainment of Cost and Cost Accounting System|
|3||Methods of Costing|
|4||Cost Control and Analysis|
Paper 4. Taxation
The CA Intermediate Taxation is divided into two parts, i.e. Income Tax Law and Indirect Tax. However, the objective of the subject is to make students understand the Income Tax law & GST Laws and how to apply them in the real world.
Further, Check the table below for the CA Intermediate Taxation syllabus:
Part 1: Income Tax Law
|2||Residential Status and scope of total income|
|3||Incomes that do not form part of total income (other than charitable trusts and institutions, political parties, and electoral trusts)|
|4||Heads of income and provisions governing computation of income under different heads|
|5||The income of other persons included in the total income|
|6||Aggregation of income; set-off, or carry forward and set-off of losses|
|7||Deductions from gross total income|
|8||Computation of total income and tax liability of individuals|
|9||Advance tax, tax deduction at source, and Introduction to tax collection at source|
|10||Provisions for filing return of income and self-assessment|
Part 2: Indirect Taxes
|1||Concept of Indirect Taxes|
|2||Goods and Service Tax (GST) Laws|
Paper 5: Advanced Accounting
Advanced accounting is the 5th subject of the CA Inter Syllabus. However, the objective of the paper is to apply the accounting standards and legislations to various events and transactions and to understand the Financial reporting standards of the company.
Further, check the Table below for the Advanced accounting syllabus:
|1||Application of Accounting Standards|
|2||Special Aspects of Company Accounts|
|3||Reorganization and Liquidation of Companies|
|4||Banking Companies and Non-Banking Financial Companies and regulatory requirements thereof|
|5||Consolidated Financial Statements|
|6||Dissolution of partnership firms|
Paper 6: Auditing and Assurance
The objective of the paper is to understand the concepts of general auditing, Procedures, techniques and Skills. Further, check the Table below to know the auditing and assurance syllabus.
|1||Nature, Objective, and Scope of Audit|
|2||Audit Strategy, Audit Planning and Audit Programme|
|3||Audit Documentation and Audit Evidence|
|4||Risk Assessment and Internal Control|
|5||Fraud and Responsibilities of the Author in this Regard|
|6||Audit in an Automated Environment|
|9||Audit of Items of Financial Statements|
|10||The Company Audit|
|12||Audit of Banks|
|13||Audit of Different Types of Entities|
Paper 7: Enterprise Information System and Strategic Management
This subject is divided into two sections, i.e. Information Systems and Strategic Management. Further, the syllabus of both parts is mentioned below in the Table.
Part 1: Enterprise Information System
The objective of the paper is to make an understanding of the technology and its impact on enterprise risks and controls.
|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|
Part 2: Strategic Management
The objective of the paper is to understand the techniques of strategic Management and apply them to real-life situations.
|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
Paper 8 of the CA Inter syllabus is divided into two sections, i.e. Financial Management and Economics for Finance. Further, the syllabus for both sections is mentioned below in the Table.
Part 1: Financial Management
The objective of the paper is to make understand financial Management and apply its knowledge in the practical world during decision-making.
|1||Financial Management and Financial Analysis|
|3||Capital Investment and Dividend Decisions|
|4||Management of Working Capital|
Part 2: Economics for Finance
The objective of the paper is to understand the theories of economics.
|1||Determination of National Income|
|3||The Money Market|
Furthermore, the students to note that the first four papers of the CA Inter syllabus come under Group 1, and the other four, i.e. Paper 5 to 8 Comes under Group 2.
In the article above, you have seen the syllabus of CA Intermediate in detail. To learn more about the CA, Visit CA Wizard. Here, you will find all the updates related to the Course, like, study material, syllabus, mock test Papers, Revision test papers and much more.