The CA intermediate syllabus for May 2023 exams is released by the ICAI. The institute has altered the CA inter syllabus for the 2023 exams, and students registering under the new scheme should refer to it to get the best CA Intermediate Result. The CA intermediate syllabus 2023 has 08 subjects divided into two groups. Before students begin their preparation, they must go through the CA intermediate syllabus pdf. Check the syllabus for CA’s new Scheme below-
CA Intermediate Syllabus for 08 subjects-
The Institute of Chartered Accountants of India has made a few changes to May 2023 CA Intermediate Syllabus. They have deleted some topics from the syllabus and added a few new topics. For May 2023 exams, topics of accounting from Paper 01 are shifted to paper 05 advanced accounting.
Paper 1- Accounting
Objective- The objective of this subject in CA intermediate is to help students learn about applying accounting standards and legislation to events and transactions. It helps them to prepare and present final business statements.
Topics-
- Application of Accounting Standards-
- Company Accounts-
- Accounting for Special Transactions-
- Special type of accounting-
Paper 2- Corporate and Other Laws
Part I- Company Law (Companies Act, 2013- Section 01-148)
Objective- The CA Intermediate Syllabus of this part will help students develop an understanding of the provision of company laws, and they will learn to deal with application-oriented issues.
TOPICS-
- Preliminary
- Incorporation of Company and Matters Incidental thereto
- Prospectus and Allotment of Securities
- Share Capital and Debentures
- Acceptance of Deposits by Companies
- Registration of Charges
- Management and Administration
- Declaration and Payment of Dividend
- Accounts of Companies
- Audit and Auditors
Part II- Other Laws
Objective- To help students understand certain legislation’s provisions and address application-oriented issues. It will also help them to understand the rule for status interpretation.
TOPICS-
- The Contract Act, 1872
- The Negotiable Instruments Act, 1881
- The General Clauses Act, 1897
- Interpretation of statutes
Paper 3- Cost and Management Accounting
Objective- CA Intermediate Syllabus of this subject will give them the ability to understand cost accounting statements, and help them in planning, controlling, finding costs, and decision making.
MODULE1-
- Introduction to Cost and Management Accounting
- Material Cost
- Employee Cost
- Overheads: Absorption Costing Method
- Activity-Based Costing
- Cost Sheet
- Cost Accounting System
MODULE2-
- Unit & Batch Costing
- Job Costing and Contract Costing
- Process & Operation Costing
- Joint Products & By Products
- Service Costing
- Standard Costing
- Marginal Costing
- Budget and Budgetary Control
Paper 4- Taxation
Objective- To help students understand the requirements of Income Tax & GST law and the application of knowledge in computations.
Part A: Income Tax Law
MODULE1-
- Basic Concepts
- Residence and Scope of Total Income
- Incomes that do not form part of Total Income
MODULE2-
Chapter 4- Heads of Income
- Salaries
- Income from House Property
- Profits and Gains of Business or Profession
- Capital Gains
- Income from Other Sour
MODULE3-
- 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
- Computation of Total Income and Tax Payable
- Advance Tax, Tax Deduction, and Introduction to Tax Collection at Source
- Provisions for filing Return of Income and Self-assessment
Part B: Indirect Taxes-
MODULE1-
- GST in India – An Introduction
- Supply under GST
- Charge of GST
- Exemptions from GST
- Time and Value of Supply- Unit I: Time of Supply, Unit II: Value of Supply
MODULE2-
- Input Tax Credit
- Registration
- Tax Invoice: Credit and Debit Notes; E-way Bill
- Payment of Tax
- Returns
Paper 5- Advanced Accounting
Objective- It acquires them the ability to apply accounting skills in various transactions, events, and prepare financial statements., and report, and understand NBFSs and Banking companies’ regulatory requirements.
TOPICS-
- Application of Accounting Standards
- Partnership Accounts- Unit 1: Dissolution of Partnership Firms, Unit 2: Amalgamation, Conversion & Sale of Partnership Firms
- Accounting for Employee Stock Option Plans
- Buyback of Securities and Equity Shares with Differential Rights
- Amalgamation of Companies
- Internal Reconstruction
- Liquidation of Companies
- Appendix- Schedule-III to The Companies Act, 2013
- Banking Companies
- Non-Banking Financial Companies
- Consolidated Financial Statements
- Accounting Pronouncements-Accounting Standards
Paper 6- Auditing and Assurance
Objective- to help students understand auditing concepts, procedures, skills, and techniques. It provides the ability to apply skills in auditing and attestation engagements.
TOPICS-
- Nature, Objective, and Scope of Audit
- Audit Strategy, Audit Planning, and Audit Programme
- Audit Documentation and Audit Evidence
- Risk Assessment and Internal Control
- Fraud and Responsibilities of the Author in this Regard
- Audit in an Automated Environment
- Audit Sampling
- Analytical Procedures
- Audit of Items of Financial Statements
- The Company Audit
- Audit Report
- Audit of Banks
- Audit of Different Types of Entities
Paper 7- Enterprise Information System and Strategic Management
Section A- Enterprise Information System
Objective- This part of the CA Intermediate subject is to help students develop skills and knowledge of Information systems and their effect on enterprise-wide risks, control, and process.
TOPICS-
- Automated Business Processes
- Financial and Accounting Systems
- Information Systems and its Components
- E-commerce, M-commerce, and Emerging Technologies
- Core Banking Systems
Section B- Strategic Management
Objective- The CA intermediate syllabus for this part of the paper7 helps students understand strategic management concepts and techniques, and provides the ability to apply them in business.
TOPICS-
- Introduction to Strategic Management
- Dynamics of Competitive Strategy
- Strategy Management Process
- Corporate Level Strategies
- Business Level Strategies
- Functional Level Strategies
- Organization and Strategic Leadership
- Strategy Implementation and Control
Paper 8- Financial Management and Economics for Finance
Part A- Financial Management
Objective- The first part of the last subject in the CA Intermediate syllabus will help students understand various aspects of financial management. It will teach them to apply them while decision making.
TOPICS-
- Scope and Objectives of Financial Management
- Types of Financing
- Financial Analysis and Planning – Ratio Analysis
- Cost of Capital
- Financing Decisions – Capital Structure
- Financing Decisions – Leverages
- Investment Decisions
- Risk Analysis in Capital Budgeting
- Dividend Decisions
- Management of Working Capital
Part B- Economics for Finance
Objective- It will help understand concepts and theories of economics for finance and address application-oriented problems.
TOPICS-
- Determination of National Income
- Public Finance
- The Money Market
- International Trade
How to Download CA Intermediate Syllabus for the 2023 Course?
Students can download the CA intermediate syllabus pdf online from the official website of the ICAI. Visit www.icai.org, go to the BoS portal under the Students tab and click on CA course. Click on the Scheme of Education and Training and then on Intermediate Course. On the loaded page, you will see the syllabus, click on it, and CA inter syllabus pdf will open.
Conclusion
Hope this article on the CA Intermediate Syllabus gives you complete details about the syllabus. So start preparing today. Keep visiting CA Wizard for more details.
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