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CA Final Syllabus and Subjects PDF for November 2018 By ICAI

CA Final Syllabus and Subjects PDF for November 2018 By ICAI

CA Final Syllabus : Chartered Accountants were the first accountants to form a professional accounting body, initially established in Scotland in 1854. The Edinburgh Society of Accountants (1854), the Glasgow Institute of Accountants and Actuaries (1854) and the Aberdeen Society of Accountants (1867) were each granted a royal charter almost from their inception.

The title is an internationally recognised professional designation and is generally equivalent to the American certified public accountant designation.

Chartered accountants work in all fields of business and finance, including audit, taxation, financial and general management. 

CA Final Syllabus : CA exam to be tweaked to stand the test of time, ICAI may introduce new subjects. The Institute of Chartered Accountants of India (ICAI) which conducts the CA exam, has approached the ministry of corporate affairs to improve the curriculum, introduce new subjects, electives, and open book tests in a few papers

You can download CA Final syllabus and subjects pdf November 2018 by clicking on the image below:

CA Final Subjects

 

CA Final Revised Syllabus for November 2018 exam

CA Final Syllabus Here we are providing complete details of revised CA Final Syllabus for Group 1 and group 2.

 Paper 1Financial Reporting 100 Marks
 Paper 2Strategic Financial Management 100 Marks
 Paper  3Advanced Auditing and Professional Ethics 100 Marks
 Paper 4ACorporate Laws 60 Marks
 Paper 4BOther Economic Laws 40 Marks
 Paper 5Advanced Management Accounting 100 Marks
 Paper 6AFinancial Services and Capital Markets 50 Marks
 Paper 6BInformation Systems Control and Audit 50 Marks
 Paper 7AAdvanced Direct Tax Laws 70 Marks
 Paper 7BInternational Taxation 30 Marks
 Paper 8B Advanced Indirect Laws 100 Marks

CA Final Financial Reporting Topics

Contents:

  1. Application of Existing Accounting Standards 15, 21, 23, 25, 27 and 28. (The students will also be required to apply other Accounting Standards if applicable in any of the questions).
  2. Application of Guidance Notes issued by ICAI on specified accounting aspects.
  3. Framework for Preparation and Presentation of Financial Statements in accordance with Indian Accounting Standards (Ind AS).
  4. Application of Indian Accounting Standards (Ind AS) with reference to General Purpose Financial Statements.
  5. Consolidated and Separate Financial Statements (as per Ind AS).
  6. Application of Industry specific and Transaction Specific Indian Accounting Standards (other than Business Combination, Financial Instruments and Share Based Payment).
  7. Business Combinations and Accounting for Corporate Restructuring (including demerger) (as per Ind AS).
  8. Accounting and Reporting of Financial Instruments (as per Ind AS).
  9. Accounting for Share Based Payment (as per Ind AS).
  10. Analysis of Financial Statements
    Common defects in financial statements of corporate entities.
  11. Accounting for Carbon Credits.
  12. Accounting for E-commerce.
  13. Emerging trends in Reporting
    (i) Integrated Reporting
    (ii) Corporate Social Responsibility Reporting
    (iii) Human Resource Reporting
    (iv) Value Added Statement

CA Final Strategic Financial Management Topics

Contents:

  1. Financial Policy and Corporate Strategy
    • Strategic decision making framework
    • Interface of Financial Policy and strategic management
    • Balancing financial goals vis-à-vis sustainable growth.
  2. Indian Financial System
    • Introduction to Financial Market
    • Role of Financial Market in Economic Development
  3. Risk Management
    • Identification of types of Risk faced by an organisation
    • Evaluation of Financial Risks
    • Value at Risk (VAR)
    • Evaluation of appropriate method for the identification and management of financial risk.
  4. Security Analysis
    • Fundamental Analysis
    • Technical Analysis
      • Meaning
      • Assumptions
      • Theories and Principles
      • Charting Techniques
      • Efficient Market Hypothesis (EMH) Analysis
  5. Security Valuation
    • Theory of Valuation
    • Return Concepts
    • Equity Risk Premium
    • Required Return on Equity
    • Discount Rate Selection in Relation to Cash Flows
    • Approaches to Valuation of Equity Shares
    • Valuation of Preference Shares
    • Valuation of Debentures/ Bonds
  6. Portfolio Management
    • Portfolio Analysis
    • Portfolio Selection
    • Capital Market Theory
    • Portfolio Revision
    • Portfolio Evaluation
    • Asset Allocation
    • Fixed Income Portfolio
    • Risk Analysis of Investment in Distressed Securities
    • Alternative Investment Strategies in context of Portfolio Management
  7. Securitization
    • Introduction
    • Concept and Definition
    • Benefits of Securitization
    • Participants in Securitization
    • Mechanism of Securitization
    • Problems in Securitization
    • Securitization Instruments
    • Pricing of Securitization Instruments
    • Securitization in India
  8. Mutual Fund
    • Meaning
    • Evolution
    • Types
    • Advantages and Disadvantages of Mutual Funds
  9. Derivatives Analysis and Valuation
    • Forward/ Future Contract
    • Options
    • Swaps
    • Commodity Derivatives
  10. Foreign Exchange Exposure and Risk Management
    • Exchange rate determination
    • Foreign currency market
    • Management of transaction, translation and economic exposures
    • Hedging currency risk
    • Foreign exchange derivatives – Forward, futures, options and swaps
  11. International Financial Management
    • International Capital Budgeting
    • International Working Capital Management
      1. Multinational Cash Management
        • Objectives of Effective Cash Management
        • Optimization of Cash Flows/ Needs
        • Investment of Surplus Cash
      2. Multinational Receivable Management
      3. Multinational Inventory Management
  12. Interest Rate Risk Management
    • Interest Rate Risk
    • Hedging Interest Rate Risk
      1. Traditional Methods
      2. Modern Methods including Interest Rate Derivatives
  13. Corporate Valuation
    • Conceptual Framework of Valuation
    • Approaches/ Methods of Valuation
      1. Assets Based Valuation Model
      2. Earning Based Models
      3. Cash Flow Based Models
      4. Measuring Cost of Equity
        • Capital Asset Pricing Model (CAPM)
        • Arbitrage Pricing Theory
        • Estimating Beta of an unlisted company
      5. Relative Valuation
        • Steps involved in Relative Valuation
        • Equity Valuation Multiples
        • Enterprise Valuation Multiple
      6. Other Approaches to Value Measurement
        • Economic Value Added (EVA)
        • Market Value Added (MVA)
        • Shareholder Value Analysis (SVA)
      7. Arriving at Fair Value
  14. Mergers, Acquisitions and Corporate Restructuring
    • Conceptual Framework
    • Rationale
    • Forms
    • Mergers and Acquisitions
      • Financial Framework
      • Takeover Defensive Tactics
      • Reverse Merger
    • Divestitures
      • Partial Sell off
      • Demerger
      • Equity Carve outs
    • Ownership Restructuring
      • Going Private
      • Management/ Leveraged Buyouts
    • Cross Border Mergers
  15. International Financial Centre (IFC)
    • Constituents of IFC
    • Islamic Finance
      • Major difference between Islamic Finance and other forms of Finance
      • Concept of Riba
      • Major Islamic Financial Instruments
  16. Startup Finance
    • Introduction including Pitch Presentation
    • Sources of Funding
    • Start up India Initiative
  17. Small & Medium Enterprises
    • Introduction: Market Size, Employment Generation and Contribution to GDP
    • Financing: Expansion of SMEs
    • Listing SMEs

CA Final Advanced Auditing and Professional Ethics Topics

Contents:

  1. Auditing Standards, Statements and Guidance Notes: Engagement & Quality Control Standards, Statements and Guidance Notes on Auditing issued by the ICAI; Elements of system of quality control, leadership responsibilities for quality within the firm, Acceptance and Continuance of clients relationships and specific engagements, Engagement Performances, etc. (SQC 1 Quality Control for Firms that Perform Audits and Reviews of Historical Financial Information and Other Assurance and Related Services Engagements).
  2. Audit Planning, Strategy and Execution: Planning the flow of audit work; audit strategy, audit plan, audit programme and importance of supervision; principal’s ultimate responsibility; extent of delegation; control over quality of audit work; Analytical Procedures prior to audit as well as towards finalization; Concept of Principal Auditor and Other Auditor, Acceptance as Principal Auditor, Procedures to be performed by Principal Auditor, Co-ordination between the Principal Auditor and Other Auditor (SA 600 Using the Work of Another Auditor); Concept of Internal Audit Functions and its evaluation, Using the work of the internal audit function, Using internal auditors to provide direct assistance (SA 610 Using the Work of Internal Auditors); Auditor’s Expert – Meaning, Need for an Auditor’s Expert, Understanding the Auditor’s Expert, Agreement with the Auditor’s Expert, Adequacy of the Auditor’s Expert’s Work (SA 620 Using the Work of an Auditor’s Expert).
  3. Risk Assessment and Internal Control: Evaluation of internal control procedures; Components of internal controls; Internal control and risk assessment; Risk-based audit- audit risk analysis, general steps; Internal audit; Reporting on internal control weaknesses (SA 265 Communicating Deficiencies in Internal Control to Those Charged With Governance and Management); Framework on Reporting of Internal Controls.
  4. Special aspects of Auditing in an Automated Environment: Key features of automated environment, related risks and controls, Standards, Guidelines and procedures, using relevant frameworks and best practices, understanding and documenting automated environment, Enterprise Risk management overview, assessing IT-related risks and controls, evaluating risks and controls at entity level and process level, Considerations of automated environment at each phase of audit cycle, using relevant analytical procedures and tests using data analytics, key concepts of auditing in real-time automated environments such as E-Commerce, ERP, Core Banking, etc..
  5. Audit of Limited Companies: Application of Relevant Provisions under the Companies Act, 2013 relating to Audit and Auditors and Rules made thereunder; Powers/rights, duties of auditors; Branch Audit; significance of true and fair view; Dividends and divisible profits- financial, legal, and policy considerations; depreciation; Special features of audit of Limited Liability Partnerships (LLPs)- Eligibility for audit, appointment of auditor, remuneration, etc. Audit report under the Companies Act, 2013; Reporting under CARO.
  6. Audit Reports: Basic elements of auditor’s report; Types of opinion; Notes on accounts; Distinction between notes and qualifications; Distinction between audit reports and certificates; Communication to Management and those charged with Governance; Self Review threats; Drafting of different types of Audit Reports.
  7. Audit Reports & Certificates for Special Purpose Engagement:Reporting on Agreed Upon Procedure, Review Reports, Special Purpose Reports (SA 800 Special Considerations-Audits of Financial Statements Prepared in Accordance with Special Purpose Framework; SA 805 Special Considerations-Audits of Single Purpose Financial Statements and Specific Elements, Accounts or Items of a Financial Statement; SA 810 Engagements to Report on Summary Financial Statements); Guidance Note on Audit Reports and Certificates for Special Purposes including Scope of special purpose reports and certificates; Responsibility for preparation of special purpose statements, Scope of the reporting auditor’s functions, Contents of such reports and certificates, Reports and certificates on specific items of financial statements, Communication of report or certificate.
  8. Audit Committee and Corporate Governance: Audit committee; Role of auditor in Audit Committee and Certification of Compliance of Corporate Governance; Compliances with Laws and Regulations (SA 250 Consideration of Laws and Regulations in an Audit of Financial Statements); Disclosure requirements including those of SEBI; Regulatory requirements of Corporate Governance, Report on Corporate Governance.
  9. Audit of Consolidated Financial Statements: Provisions under the Companies Act, 2013 in respect of Accounts of Companies and Rules made thereunder; Audit of Consolidated Financial Statements- responsibility of parent company, auditor of the consolidated financial statements; audit considerations- permanent consolidation, current period consolidation; reporting.
  10. Special features of audit of Banks, Insurance & Non Banking Financial Companies,
  11. Audit under Fiscal Laws: Audit under Fiscal Laws, viz, Direct and Indirect Tax Laws including documentation for Form 3CD etc.
  12. Special Audit Assignments: Special audit assignments like audit of members of stock exchange, mutual funds, depositories, bank borrowers; Environmental audit; Energy audit; Audit of Stock and Debtors (Unit Inspections).
  13. Audit of Public Sector Undertakings: Special features, Directions of Comptroller and Auditor General of India; Concept of propriety audit; Performance audit; Comprehensive audit.
  14. Liabilities of Auditors: Professional negligence; Civil liabilities; Criminal liabilities; Liabilities under different statutes – for example Income Tax Act, Companies Act.
  15. Internal Audit, Management and Operational Audit: Provisions of internal audit as per Companies Act, 2013; Scope of internal auditing; Relationship between internal and external auditor; Basics of Internal Audit Standards issued by the ICAI; Drafting of Internal Audit Report; Management audit and Operational audit.
  16. Due Diligence, Investigation and Forensic Audit: Due Diligence Review; Audit versus Investigation; Steps for investigation; Types of investigation; procedure, powers, etc. of investigator; Types of Fraud, indicators of fraud, follow-up thereof; Forensic audit- meaning, difference between statutory audit and forensic audit, forensic audit techniques, forensic audit report etc.
  17. Peer Review and Quality Review.
  18. Professional Ethics: Code of Ethics with special reference to the relevant provisions of the Chartered Accountants Act, 1949 and the Regulations thereunder.

CA Final Advanced Corporate and Economic Laws Topics

Part I: Corporate Laws (70 Marks)

Section A Company law

Contents:

  1. The Companies Act, 2013 and Rules framed thereunder in its entirety with specific reference to section 149 onwards:
    • Appointment and Qualifications of Directors
    • Appointment and remuneration of Managerial Personnel
    • Meetings of Board and its powers
    • Inspection, inquiry and Investigation
    • Compromises, Arrangements and Amalgamations
    • Prevention of Oppression and Mismanagement
    • Winding Up
    • Producer Companies
    • Companies incorporated outside India
    • Miscellaneous Provisions
    • Compounding of offences, Adjudication, Special Courts
    • National Company Law Tribunal and Appellate Tribunal
  2. Corporate Secretarial Practice–Drafting of Notices, Resolutions, Minutes and Reports

Section B Securities Law

  1. The Securities Contract (Regulation) Act, 1956 and the Securities Contract (Regulation) Rules, 1957: Introduction and important provisions
  2. The Securities Exchange Board of India Act, 1992, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 and SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015

Part II: Economic Laws (30 Marks)

Contents:

  1. The Foreign Exchange Management Act, 1999: -Introduction, broad structure of FEMA, Definition, Regulation and Management of Foreign Exchange, Contraventions and Penalties in brief, miscellaneous provisions
  2. The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002– Important Definitions, Regulation of Securitisation and Reconstruction of Financial Assetsof Banks and Financial Institutions, Enforcement of Security Interest, Offences and Penalties, Miscellaneous Matters
  3. The Prevention of Money Laundering Act, 2002-Definitions, Punishment for the Offence of Money laundering, Obligation of Banking Companies, Financial Institutions and Intermediaries or a person carrying on a designated business or profession,Appellate Tribunal, Special Court, Procedure for Attachment and Confiscation of Property and Recovery of fines and penalties.
  4. Foreign Contribution Regulation Act, 2010-Definitions, Regulation of Foreign contribution and miscellaneous provisions
  5. The Arbitration and Conciliation Act, 1996-General Provisions, Arbitration agreement, Tribunal, Conciliation
  6. The Insolvency and Bankruptcy Code, 2016-Preliminary, Corporate insolvency resolution process, Liquidation process and other provisions.

CA Final Strategic Cost Management and Performance Evaluation Topics

PART‒A STRATEGIC COST MANAGEMENT AND DECISION MAKING

Sub Part‒I Strategic Cost Management

  1. Introduction to Strategic Cost Management
    • Concept of Strategic Cost Management
    • Limitations of Traditional Cost Management
    • Traditional vs. Strategic Cost Management
  2. Modern Business Environment
    • Introduction/ Characteristics of the Modern Business Environment
    • Cost of Quality, Total Quality Management, Business Excellence Model
    • Throughput Accounting and Theory of Constraints
    • Supply Chain Management (SCM)
    • Gain Sharing Arrangements
    • Outsourcing
  3. Lean System and Innovation
    • Introduction to Lean System
      • Just-in-Time (JIT)
      • Kaizen Costing
      • 5 Ss
      • Total Productive Maintenance (TPM)
      • Cellular Manufacturing/ One-Piece Flow Production Systems
      • Six Sigma (SS)
    • Introduction to Process Innovation and Business Process Re-engineering (BPR)
  4. Cost Management Techniques
    • Cost Control/ Waste Control, Cost Reduction
    • Target Costing
    • Value Analysis/ Value Engineering
    • Pareto Analysis
    • Life Cycle Costing
    • Environmental Management Accounting
  5. Cost Management for Specific Sectors
    • Agricultural Sector
    • Information Technology Sector
    • Power Sector

Sub Part‒II Strategic Decision Making

  1. Decision Making
    • Decision Making using CVP Analysis
    • Decision Making using Relevant Cost Concepts
    • Decision Making using Activity Based Costing
    • Ethical and Non-Financial Considerations Relevant to Decision Making
  2. Pricing Strategies/ Decisions
    • Theory & Principles of Product Pricing
    • Pricing – New Product, Finished Products & Pricing of Services
    • Sensitivity Analysis in Pricing Decisions
    • Pricing Decision under Special Circumstances
    • Pricing Strategies

PART‒B PERFORMANCE EVALUATION AND CONTROL

Sub Part‒I Performance Evaluation and Reporting

  1. Performance Measurement and Evaluation
    • Responsibility Accounting
    • Linking Critical Success Factors (CSFs) to Key Performance Indicators (KPIs) and Corporate Strategy; Performance Measurement Models‒The Balanced Scorecard, The Performance Pyramid, The Performance Prism and The Building Block Model; Divisional Performance Measures; Benchmarking Schemes
    • Performance Measurement in the Not-for-Profit Sector
    • Preparation of Performance Reports
  2. Divisional Transfer Pricing
    • Meaning, Purpose and Principles of Transfer Pricing
    • Methods of Transfer Pricing
    • The Behavioural Consequences arising from Divisional Structures
    • International Transfer Pricing
  3. Strategic Analysis of Operating Income
    • Operating Profit Analysis
    • Advanced Activity Based Costing, Activity Based Management (ABM), Activity Based Budgeting (ABB)

Sub Part‒II Managerial Control

  1. Budgetary Control
    • The Concept of Feedback and Feed Forward Control
    • Behavioural Aspects of Budgeting – Imposed Style, Participative Budget
    • Behavioural Aspects of Budgetary Control
    • Beyond Budgeting
  2. Standard Costing
    • Analysis of Advanced Variances
    • Integration of Standard Costing with Marginal Cost Accounting
    • Reconciliation of Profit
    • Variance Investigation Techniques, Interpretation of Variances, Possible Interdependence Between Variances and Reporting
    • Behavioural Aspects of Standard Costing, Limitation of Standard Costing (including its use in the contemporary business environment)

CA Final Direct Tax Laws & International Taxation Topics

PART I :Direct Tax Laws(70 Marks)

Contents:

Law and Procedures under the Income-tax Act, 1961,

  1. Basis of charge, residential status, income which do not form part of total income, heads of income,income of other persons included in assessee’s total income, aggregation of income, set-off and carry forward of losses, deductions from gross total income, rebates and reliefs
  2. Special provisions relating to companies and certain persons other than a company including firms, LLPs, Trusts, AOPs, BOIs, Securitsation Trusts, Business Trusts, Investment Fund etc.
  3. Provisions relating to charitable and religious trust and institutions, political parties and electoral trusts
  4. Tax Planning, Tax Avoidance & Tax Evasion
  5. Collection& Recovery of Tax, Refunds
  6. Income-tax Authorities, Procedure for assessment, Appeals and Revision
  7. Settlement of Tax Cases, Penalties, Offences & Prosecution
  8. Liability in Special Cases (Representative assessees, Executors etc.)
  9. Miscellaneous Provisions and Other Provisions
    (The entire income-tax law is included at the Final level. Any residuary provision under the Income-tax Act, 1961, not covered under any of the above specific provisions or under Part II: International Taxation would be covered under “Other Provisions”. Further, if any new chapter is included in the Income-tax Act, 1961, the syllabus will accordingly include the provisions relating thereto.)

PART II: International Taxation (30 Marks)

Contents:

  1. Taxation of international transactions and Non-resident taxation
    • The provisions under the Income-tax Act, 1961, including
      • Specific provisions relating to Non-residents
      • Double Taxation Relief
      • Transfer Pricing & Other Anti-Avoidance Measures
      • Advance Rulings
    • Equalisation levy
  2. Overview of Model Tax Conventions – OECD & UN
  3. Application and interpretation of Tax Treaties
  4. Fundamentals of Base Erosion and Profit Shifting

CA Final Indirect tax laws Topics

Part-I: Goods and Services Tax (75 Marks)

Contents:

I. Goods and Services Tax (GST) Law as contained in the Central Goods and Services Tax (CGST) Act, 2017 and Integrated Goods and Services Tax (IGST) Act, 2017

  1. Constitutional aspects
  2. Levy and collection of CGST and IGST – Application of CGST/IGST law; Concept of supply including composite and mixed supplies, inter-State supply, intra-State supply, supplies in territorial waters; Charge of tax; Exemption from tax; Composition levy
  3. Place of supply
  4. Time and Value of supply
  5. Input tax credit
  6. Computation of GST liability
  7. Procedures under GST – All procedures including registration, tax invoice, credit and debit notes, electronic way bill, accounts and records, returns, payment of tax including reverse charge, refund, job work
  8. Provisions relating to electronic commerce
  9. Liability to pay in certain cases
  10. Administration of GST; Assessment and Audit
  11. Inspection, Search, Seizure and Arrest
  12. Demand and Recovery
  13. Offences and Penalties
  14. Advance Ruling
  15. Appeals and Revision
  16. Other provisions
    (The entire CGST and IGST lawsare included in the syllabus at the Final level. Any residuary provision under the CGST Act, 2017 and IGST Act, 2017, not covered under any of the above specific provisions, would be covered under “Other provisions”. Further, if any new Chapter is included in the CGST Act, 2017 and IGST Act, 2017, the syllabus will accordingly include the provisions relating thereto.)

Part-II: Customs & FTP (25 Marks)

Contents:

I. Customs Law as contained in the Customs Act, 1962 and the Customs Tariff Act, 1975

  1. Introduction to customs law including Constitutional aspects
  2. Levy of and exemptions from customs duties – All provisions including application of customs law, taxable event, charge of customs duty, exceptions to levy of customs duty,exemption from custom duty
  3. Types of customs duties
  4. Classification and valuation of imported and export goods
  5. Officers of Customs; Appointment of customs ports, airports etc.
  6. Import and Export Procedures – All import and export proceduresincluding special procedures relating to baggage, goods imported or exported by post, stores
  7. Provisions relating to coastal goods and vessels carrying coastal goods
  8. Warehousing
  9. Drawback
  10. Demand and Recovery; Refund
  11. Provisions relating to prohibited goods, notified goods, specified goods, illegal importation/exportation of goods
  12. Searches, seizure and arrest; Offences; Penalties; Confiscation and Prosecution
  13. Appeals and Revision; Advance Rulings; Settlement Commission
  14. Other provisions
    (The entire customs law is included in the syllabus at the Final level. Any residuary provision under the Customs Act, 1962 or Customs Tariff Act, 1975, not covered under any of the above specific provisions, would be covered under “Other Provisions”. Further, if any new Chapter is included in the Customs Act, 1962 or Customs Tariff Act, 1975, the syllabus will accordingly include the provisions relating thereto.)

II. Foreign Trade Policy to the extent relevant to the indirect tax laws

  1. Introduction to FTP – legislation governing FTP, salient features of an FTP, administration of FTP, contents of FTP and other related provisions
  2. Basic concepts relating to import and export of goods
  3. Basic concepts relating to export promotion schemes provided under FTP

CA Final old Syllabus

CA Final Syllabus : Here we are providing complete details of CA Final Syllabus for Group 1 and group 2.

These are the subjects for CA Final Group 1 Syllabus

Group 1
Paper 1 Financial Reporting
Paper 2 Strategic Financial Management
Paper 3 Advanced Auditing and Professional Ethics
Paper 4 Corporate and Allied Laws

These are the subjects for CA Final Group 2 Syllabus

Group 2
Paper 5 Advanced Management Accounting
Paper 6 Information Systems Control and Audit
Paper 7 Direct Tax Laws
Paper 8 Indirect Tax Laws

Download CA Final Syllabus PDF, CA Final New syllabus PDF for November 2018 Exam

CA Final Syllabus : Click below links to download ICAI CA final syllabus, ca final new syllabus list for may 2018 exam.

CA Final new Syllabus 

CA Final subjects new syllabus Applicable from 1st July, 2017

CA Final Syllabus : ICAI has given a notification about CA New Scheme (CA Course 2017) of Education and Training. ICAI thought that It’s time for changing entire CA Course pattern. So that they announced New CA Course 2016 – a New scheme. Here we given key features of New CA Course 2017 – a New scheme.

Students who are eligible to register in the CPT/IIPCC/Final under the existing scheme, may register on or before 30th June, 2017. With effect from 1st July, 2017, the registration in the CPT/IIPCC/Final under the existing scheme will discontinue.

CA Final Syllabus New Course Subject Wise Amendments

CA Final Amendments

CA Final Financial Reporting Amendments 

CA Final Syllabus : AS-6 has been removed and merged with AS-10. 

Topics in FR Applicable 

  1. All AS
  2. Introduction to IND AS
  3. All Ind AS carve-outs/ins vis-a-vis IFRS
  4. Comparative study of IND AS with AS
  5.  Ind AS 32, 107 & 109 in detail
  6. AS 30, 31 & 32
    1. Topics in CA Final FR Not Applicable for Nov 2017:
      1. All Ind AS in detail
      2. Interpretations by IFRIC
      3. Understanding of US GAAP’s
      4. Application of IFRS and US GAAP
      5. chapter 2 & 6 of Jan 15 edition Study Material(SM)

CA Final SFM Amendments

CA Final Syllabus : There are no new Syllabus & Amendments in CA Final SFM Syllabus. The same syllabus that was applicable for earlier exam will be applicable for Nov 2017.

CA Final Audit Amendments 

CA Final Syllabus : In view of the decision taken by the appropriate authority and approved list of pronouncements applicable for November 2017 Examination, students are required to refer to erstwhile SA 700 series (SA 700, SA 705 and SA 706 published in January 2016 edition of Study Material and Auditing Pronouncements) instead of revised SA 700 series (SA 700, SA701, SA 705, SA 706 as given in January 2017 edition of the Study Material).

There has been few changes in the Guidance Note on Reporting under section 143(3)(f) and section 143(3)(h). These sections deals with the duties and powers of company auditors.

CA Final Syllabus Law Amendments

CA Final Syllabus : The Ministry of Corporate Affairs has implemented few changes in the Companies Act, 2013. Due to this, ICAI has amended few sections and provisions in the Companies Act part.

Read this article for Complete details of CA Final Law Syllabus and get many free study materials for ca final syllabus.

CA Final AMA Amendments 

CA Final Syllabus : There are no new changes or Amendments in the CA Final AMA syllabus.

Read this article for Complete details of CA Final AMA Syllabus and get download for free, and video lectures.

CA Final ISCA Amendments

CA Final Syllabus : There are no new changes or amendments in the CA Final ISCA Syllabus applicable for Nov 2017 exams.

CA Final DT Amendments

CA Final Syllabus : When compared to syllabus applicable for the last exam, there are around 10-15 Amendments in CA Final Direct Tax syllabus.

Amendments made in the provisions of Direct Tax Laws by the Finance Act, 2016 including various circulars and notifications issued up to 30th April, 2017 will be applicable for CA Final November, 2017 examinations. Accordingly, the applicable assessment year shall be A.Y. 2017-18 for Direct Tax Laws for CA Final November, 2017 Examination.

The Revision Test Paper (RTP) for November 2017 Examination shall contain the significant amendments by way of notifications and circulars issued between 1st May, 2016 and 30th April, 2017.

ICDS Applicable for November, 2017 Exam:

CA Final Syllabus : CA Final students appearing in November, 2017 examination may note that Income Computation and Disclosure Standards (ICDS) shall be applicable. Accordingly, you are required to apply ICDS for computation of income or for answering application based or knowledge based questions. This is because the applicability of ICDS has been postponed to the assessment year 2017-18 and subsequent assessment years by CBDT vide Notification No.S.O.3079(E) dated 29.9.2016.

Read this article for   Complete details of CA Final DT Syllabus

CA Final IDT Amendments

CA Final Syllabus : There are around 20-25 new Amendments in CA Final Indirect Tax Syllabus.students appearing in November, 2017 final examination will be examined on “Overview of GST” for 10 marks in Paper 8: Indirect Tax Laws.

Read this article for Complete details of CA Final IDT Syllabus 

Integrated Course on Information Technology and Soft Skills (ICITSS)

  • Objective:To sharpen the technical and soft skills of CA students.
  • Duration : Three Weeks
  • Action: Students registering for the Intermediate course shall be required to do ICITSS before commencing practical training.
  • Assessment Test: An assessment test shall be conducted at the end of the course which the students have to qualify.

Highlights of the New Revised CA Course – CA Final new syllabus ICAI applicable from 2016 exam onwards

  • The President of ICAI, M.Devaraja Reddy, announced that the new CA Syllabus has been approved by the Corporate Affiars ministry and yet to be approved by the Law Affairs Ministry.
  • Once approved, it is likely to be made applicable from November 2017 exams. Existing students under old syllabus will be chance for few attempts before being converted to the new curriculum.
  • Under new syllabus, many changes were brought in all three levels i.e., CPT, IPCC and Final.
  • CPT will then be for 400 marks, with two theory and two objective type papers.
  • CA IPCC will have 8 subjects.
  • New subject named ‘Capital Markets’ in the Second Group, for 50 Marks sharing the paper with ISCA.

check ICAI Announcement on Implementation of Revised Scheme of Education and Training for CA Course

Frequently asked questions on CA Final Syllabus,Subject,Amendment

Q1. Can i view ca final accounts, costing amendments for may 2018 ?

ca final syllabus changes : Yes you can view ca final accounts, costing amendments for may 2018 from CAKART. Ca final amendments.

Q2. Can i view praveen sharma recent amendments for may 2018 exam?

ca final syllabus changes :  Yes you can view praveen sharma recent amendments for may 2018 exam from CAKART. Ca final recent amendments by praveen sharma.

Q3. What are subjects in CA Final new syllabus and old syllabus ?

ca final syllabus changes :  CA Final proposed Subjects for May 2018 (Old Syllabus)

Subject NameMarks(Weightage)
Financial Reporting100 Marks
Strategic Financial Management100 Marks
Auditing and Ethics100 Marks
Corporate and Allied Laws100 Marks
Advanced Management Accounting100 Marks
Information Systems Control and Audit100 Marks
Direct Tax100 Marks
Indirect Tax100 Marks

CA Final Subjects in Hindi or English for May 2018 (New Syllabus eligibility detail analysis)

NoSubject NameMarks
Paper 1Financial Reporting 100 Marks
Paper 2Strategic Financial Management 100 Marks
Paper  3Advanced Auditing and Professional Ethics 100 Marks
Paper 4ACorporate Laws 60 Marks
Paper 4BOther Economic Laws 40 Marks
Paper 5Advanced Management Accounting 100 Marks
Paper 6Optional Papers* 50 Marks
Paper 7AAdvanced Direct Tax Laws 70 Marks
Paper 7BInternational Taxation 30 Marks
Paper 8BAdvanced Indirect Laws 100 Marks

Q4. What are the certified documents(content) to be attached with CA Final exam form?

ca final syllabus changes : The documents or attachments to be enclosed that need to be submitted with CA Final registration form is as follows:

  • Copy of CA IPCC Marksheet attested by a CA
  • Demand Draft/Pay Order for CA Final Registration Fees

 

Along with CA Final Syllabus article , You must read other articles for ca final Exam

CA Final Syllabus : Below articles provides complete details of ca final exam date, admit card, syllabus, result details for May 2018 exam

CA Final Registration

CA Final subjects

CA final admit card

CA Final exam date 

CA Final Result

CA Final Syllabus :  The main advantage of the study material is to provide help to the students to get knowledge and skills in the particular subject. Most of this study material are providing free of cost. Click on the links below to access.

CA Final Video Classes

CA Final Books ICAI

CA Final Suggested Answers

CA Final Study material

CA final Notes

Mock Test paper ca final

CA Final RTP

CA Final Study Plan

 

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